Dont buy shares if your not confortable with the risk.
How do you determine the risk without having information to base that decision on?
I asked for more information after last week's update, and I got a similar response from fellow shareholders. More information is not a bad thing, guys. It is not an attack on Friedcat or AM to request details on what is planned for the next few weeks. It would have been nice to know we weren't going to get the profits from the last auction.
Am I saying Friedcat is a bad guy because of this? no. Do I think less of AM because of it? no. Do I deserve it as some sort of special entitlement? no.
I'm just saying it WOULD HAVE BEEN NICE to know what was going on beforehand. Is that really too much to ask?
It looks like we are hitting the additional 7.5 TH/s as promised, and that's wonderful news! Personally, I'd like to know what the plan is for the coming weeks, both on deployment and auctions.
If Friedcat is too busy to communicate with shareholders, I completely understand. Is there anyone else in the company that can participate in the communications and updates? I'd be happy to help develop a website/place for official updates and information.
How much more information do you need to determine risk and what you would be willing to pay for an equity share? You know how much hashing power there has, you know the bitcoin address that receives the bitcoins from the pool, you can see how much is received thus generally derive how much profit there is once a reasonable cost is established (look at past dividend payments). Friedcat does a great job giving us estimates as to when deployment will happen (it appears much is unknown to him as well). He does an excellent job communicating and upholding his own deadlines. He has explained deployment stages, and always revisits them to give an update. Deployment is not a perfectly predictable thing as he has run into issues in the past. He explains when auctions will happen, and has just updated that USB sticks are going to begin being massed produced. He explains when costs are incurred from week to week as well
This ASICMINER project is unbelievably transparent in my opinoin. What else are you seriously looking for?
If you feel like all this information is not sufficient do not buy the shares if you feel the risk is too great. Dont buy shares and then come here and beg for Friedcat to specifically lay out in excruciating detail what will happen every single day for the upcoming weeks.