To summarize what you and johnyj have said:
(1) Key members of the Avalon design team are now independent of Avalon;
(2) This new design team is proposing the development of a 40nm chip;
(3) The team is seeking investment - as in capital, as opposed to crowd source or pre-sales.
IS THIS CORRECT?
Pretty much,as the author says.
And,he did not make this clear.But,almost there.
And,also based on the author said,MAYBE there will be another delay of Avalon chip.
Just MAYBE.
I am not so interested in what the author might say about Avalon. If he recently parted from Avalon, then whatever he says is unreliable.
Mainly I am interested in a credible Shenzen-based proposal to deploy a 40nm chip, and also interested in whether they are funding privately or soliciting investment to underwrite NRE and other expenses.
I thank you. Also, if I may be so bold to ask, is the uniform in your avatar that of PLA?