Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It

Quote from: data on March 06, 2015, 02:08:40 PM

Quote from: ffwong on March 06, 2015, 01:15:58 PM

Based on your clarified Chinese characters, I tried to translate to English as close to original meaning as possible:

"深圳原丰投资咨询有限公同"
"Shenzhen Yuan Fung Investment Consultancy Company Ltd"
(原丰 is just a kind of name)

"香港兴业国际集团"
"Hong Kong Heung Yip International Group"
(兴业 is just a kind of name)
I google this company and found "香港興業國際集團有限公司" (www.hkri.com)
It is a land developer (much larger than ASICMiner, definitely not ASICMiner)

Speaking as a bag-holder of course (Although I did make 10x on my initial investments in BTC): so this is just the usual FUD. Occam would suggest that either BE300 completely failed so that friedcat finally decided to just run with the rest of the money, or that he decided that nonetheless.
Not much I can do, as I can't sell shares that are in friedcat's "control" anyway.

I suggest that in the BE300S thread, but I'm not sure many people read that. The BE300S results seemed good, but as far as I know there was never any independent verification of that here. If there was a problem going from BE300S to BE300 or if there was fundamental issues with BE300S that they couldn't solve in an economic way, it might have been at the point that he decided to cut and run.

You could always go look at the financials posted for YE2014 to see what the cash situation was like. Tongue