Quote from: knybe on July 26, 2013, 04:36:41 PM

Quote from: auto2nr1 on July 26, 2013, 04:31:05 PM

Quote from: kslaughter on July 26, 2013, 04:23:34 PM

Shareholder Update:

Hello everyone, I wanted to give a quick update to every investor as it pertains to this weeks proceedings.

We had several meetings yesterday, namely the meeting with eASIC which went extremely well. The ground work has been laid and everything is in motion for the NRE as planned down to the smallest of details. I caution everyone that it will take us a couple of weeks to complete the painstaking process of getting all the funds converted and on to eASIC. Please understand for business and legal reasons that we cannot go into any more detail at this time. I would like to say that the future for Active Mining and its shareholders is exceptionally bright and I am over enthused with how this week has played out. An official announcement will be released in due course.

Kenneth E. Slaughter, CEO/CTO
Virtual Mining Corporation
Active Mining Corporation

Thanks for the update. So the funds for the NRE has yet to be paid and will be paid sometime in August to start the process of getting the chips manufactured? Would like clarification in regards to when they might be paid to the ball can start rolling.

Did you not just read the above?

"An official announcement will be released in due course."

I caution everyone that it will take us a couple of weeks to complete the painstaking process of getting all the funds converted and on to eASIC.

I read this part. Couple of weeks probably means 3-4 weeks? Let's just say its 1 month. So as of right now we still don't have the NRE paid and it won't be paid for about another month. This is what i wanted clarification for if Ken can provide and confirm this time frame.