Quote from: yanxuch on August 03, 2013, 10:43:31 AM

Quote from: aiwill on August 03, 2013, 06:34:25 AM

Thankx so much for the translation although in my side its more or less inaccurate.

Here re lines about the 2ed-batch.

1. Please notice that: All of you 1st batch of shareholders ,without whom neither this IPO nor our big project would be possible , are our most precious capital. We are in the same boat and we promise to do our best to line your pockets.

2. Please notice that the 2ed batch of BTCGARDEN will

   *be impossible to issue before we reach a significant milestone in the development of our project.

   *a portion of 2nd batch shares will be used for "protecting the interests" of our shareholders,which means that there is a possibility that we will not issue all of the 2nd batch of 2,000,000 shares in future. I cannot expand this at the moment but I d like to say this could be a very good deal/offer to all our shareholders.

   *Certainly , the price of 2ed will be higher than the 1st.

Update :

We have received our sample-PCB and it is being tested in every aspect. Everything s running well so far. ( Mass production of PCBs will start later and can be finished within one week in Shenzhen)
We also dealed with an acquaintances packaging factory to shorten the Package period from 10days to 3days. I.E. we will get our chips in hand only 3-4 days later after out of Fab.
We will hold a meeting next weekend in Beijing to discuz our future plans incl.: 2nd gen chips, deployment plans for 1st gen chips, application of analog circuit in our project , a lot of experts both on R and D have been invited.

Great.
I guess this is the reason why the rest 600,000+ shares of 1st batch have been sold out in a few hours.
Why not have this update posted in other places, like Chinese board , Btcman bbs , Weibo and so on?

BTW

Quote

a lot of experts both on R and D have been invited

What do R and D mean ?

Research and development.