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e) AM has enough funding to stay in business independent of BTC valuation for a considerable amount of time.
The only person who could make a clear statement on that would be FC who conveniently vanished into thin air. On that note I will disclose that there has been a board meeting on the 17-JAN-2015 and 25-JAN-2015 and on neither dates FC mentioned that there may be a problem with the mining farm running AMHash. He was even discussing the strategic consideration surrounding a TO of the BE300, for which he failed to find financing. He was asked to compile a joint venture proposal to move the project further. That never happened.
One of these things is not the truth. Shortage on funding, there was PLENTY of people around to help if they were asked back in NOVEMBER OR DECEMBER. Why is this coming out now?
Less than 60 days later after a public statement, behind closed doors looking for funding? WTF
For your clarification, FC stated that there is enough funding to keep people employed and working on design for a considerable amount of time. That didn't include major expense items like tape out costs, which he considered timing and market dependent. Obviously it doesn't make sense to spend $10 million on a tape out for a new chip if BTC sells at 1 USD (Reductio ad absurdum).
You are correct. Funding should have been secured in November/December the latest. Failure of creating a financial roadmap seems to be a prevalent theme with AM. Unfortunately roadmaps is something which small companies hardly do in their attempt to optimize business agility.
If you're frustrated how management carried out their decisions you're in good company. Unfortunately it's too late to change anything about it now.