Jutarul, yes i am very frustrated. However thank you for helping answer some of these questions.
Some points to add though:
1) Making a public statement saying that AM has enough capital to move forward regardless of BTC price, on basically the eve of a make or break product, while not having funding in place to produce said product, was EXTREMELY misleading. People bought on that statement and made decisions on that statement. No one was thinking, that BE300 is going to get held up because of MONEY of all things.
The problem with words is that half the time they get misinterpreted. Just because a company stays in business, doesn't mean that they execute certain projects. Did google fail because they didn't bring google glasses to the mass market?
I can not agree more strongly with teek here, it was extremely misleading / total bull.
That statement should never have been made.
I would guess some people used the time to cash out, while we were kept in the dark.
It also seems ridiculous to me that anyone should state that the TO of BE300 costs should not have been seen as a necessity.
AM is a BTC mining venture, the core business relied on those funds being available to do the TO.
edited because i cant use quote properly....