I agree "some of the revenues" is not clear, but it looks to be far from "most of the revenues"...
some and most are fuzzy terms. And the required money to fund new hardware development or other strategic operations mainly determines the difference between some and most. If ASICMINER is very profitable, "some" may be enough. Just saying...
you dont get it. that doesnt change anything. if you assume they are taking strategic decisions in the best interest of shareholders and bitfountain (which i hope is true), better allocation of profit only results in higher long-term share value.
No. You don't get it. The decision of how much of the above 0.1BTC/share profit will be used to fund future investments is not yours. It's the privilege of the bitfountain leadership. And if it is used for future investments, you're AGAIN exposed to NRE risks, which potentially lowers the value of your share longterm. Thus if you think that unpaid dividends automatically increase the value of the share, you're mistaken. And your condition "better allocation of profit" is a strong assumption, because that is something you usually only know in hindsight.
Anyway - I just wanted to throw in a word of caution. Please go ahead and invest as you please.