Quote from: friedcat on August 09, 2012, 08:17:17 AM

Business plan and Estimated Return The expected starting date of chips
manufacturing is late August to September, 2012. The chips are supposed to be
deployed and start hashing in October to November, 2012.

After the ASIC miner chips are produced and deployed, we will first directly
mine with them, then use part of the revenue to make user-friendlier mining
boards or rigs for sale.

If our chips are successfully produced, all the following businesses will
contribute to the shareholders' return:
  Self-Mining with First Batch of Chips At least 12TH/s in
total, that is equivalent to 30MH/s per share, or 300MH/s per BTC.
  Hashrate/Chip/Board Selling Net profits are
conservatively calculated as $5 per GH/s. That roughly equals to 0.5BTC per
GH/s with the current BTC/USD exchange rate. It means that each time we sell
1TH/s of hashing power in various forms, the net profit per share will be
1.25mBTC, that is, 1.25% of the initial investment.
  Self-Mining after Mass Production Unlimited hashrate in
theory because of the low margin cost. But in reality we have to consider the
cost of management (labor) and place (rent). We believe an expansion to 50TH/s
is not hard to achieve. That pushes the hashrate per share to 155MH/s, or
1.55G/s per BTC.
  Next-Generation Products The plan will be discussed among
board members and approved by shareholders, because it would require keeping
some of the revenues instead of paying them all as dividends. The return of
this stage is difficult to estimate, since in the Bitcoin world everything may
happen and happens even quicklier than imagination. But we personally believe
that much more potential profits wait there.

It does not seem so fuzzy to me.... initially self mining profits will be distributed fully as dividends. Bitfounder will not take dividends until all ASICMINER investors have received 0.10 BTC as dividend, after that Bitfounder and ASICMINER will share all profits 50/50

Part of the profit will be used to push through new batches of chips until the 50TH has been reached.

Then we go on to Next-Gen development...

I agree "some of the revenues" is not clear, but it looks to be far from "most of the revenues", so I would expect en have always expected for them to pay 50% or more of the mining revenue as dividends and only start Next-generation products after the 50TH farm has been fully operational.

Unless of course something changed in the business plan that was not reflected on the forum.