I think the mining revenue is 100% transparent already...
Uh?
Of course it isn't.
A proper report would include how much he spends on hardware, on paying employees, on electricity...
I am pretty sure this Friedcat has numerous profit margin ,he can cover all his expenses by his on shares income from other 24K of shares.
He intended to be over satisfy those other shareholders, and One more thing ,if you full of doubt about his ability, then just go and dump your shares.
Agreed. The main issue is trust and friedcat/AsicMiner has delivered above and beyond my expectations. Hardware is delivered in a timely fashion, hashrate is adjusted to match network increase, and dividends on shares are paid weekly like clockwork. Financials are nice, but results are even better