According to the latest status the BE300 is confirmed and working. However, to bring the chip to market requires FIXED COST + COST PER CHIP + BUILD OUT COST. The funding situation for this is dire and it would require a new investor or a big buyer who has to be certain that he gets what he is promised. There are two scenarios where this could be quickly achieved:
a) A bitcoin price explosion would release dormant capital instantly shifting the reward/risk ratio.
b) A new type of investor who enjoys preferred treatment over AM Shareholders for the financing of the BE300 tech. Likely implemented as a joint venture.
I will collect further questions via PM and answer them publicly. I am certain I missed a few important points in this post.
Regards
Jutarul,
Thanks for the info.
Not in a million years, would my wife allow me to do any real money investing in AM, until their problems are fixed. And, frankly, management and leadership look to be the crux of their problems.
Any insight into the likelihood that ASICMINER starts running and acting like a real company?
No other way anyone serious would entertain a new investment into such a horribly run trainwreck.