Quote from: lumberjack on November 25, 2012, 09:32:58 AM

Quote from: Meni Rosenfeld on November 25, 2012, 09:16:06 AM

The only question remaining is how much of the new ASIC devices will a BFLS.RIG share get you.

Quote from: Inaba on June 25, 2012, 08:16:29 PM

Once the details of the ASIC unit orders are publicly available, available shares will double and be put up for sale. At that point, it will require 6058 x 2 = 12116 shares to convert your BFLS.RIG shares into the physical hardware (Mini-Rig or SC).

Right, so one can argue that a better BFLS.RIG->ASIC conversion rate should be used. I don't know how cleanly Inaba's roles as BFLS issuer and BFL COO are separated, but it would make sense if the rate is determined by the ratio of devices he gets from upgrading the totality of BFLS-backing hardware to the number of outstanding BFLS.RIG shares after the merger.