They then stated at the end of July that the ASIC tape-out had been done a while ago. Since it wasn't specifically stated at the end of
June, I will assume that tape-out hadn't been done yet. I will also assume that in their July statement, 'a while ago' is two weeks, since
in the Bitcoin world, 2 weeks is a while ago.
The reason they came in and posted that they had taped out was that a bunch of people in the thread were demanding to know why they had never announced that they'd taped-out, the way other ASIC companies had. As if the fact they hadn't publicly announced their tape-out meant that they hadn't done so.
So the reason they mentioned they'd taped out when they did is because that's when people started demanding answers about it.
To be honest even if i now have 2.1 btc saying they will fail
http://bitbet.us/bet/472/kncminer-will-deliver-asic-devices-before-october-1st/#c1174On paper (also they are swedish) it actually sounds and looks rather good
i.e
1) they have followed a process
2) know what they are doing
3) have not told never ending lies aka BFL
4) have known and respected partners (even though small crews)
so going by all of this you should bet YES @ bitbet...........and heres the but

After 20 years in IT shit happens and I just think they have a small window for problems ~ 2-3 weeks at best ...so in a way my bet of NO should be getting 2:1 odds as if they are what they have made out to be then there is a good chance they can deliver as long as there are no major external factors
popcorn ready

P.S Either way it will be awesome if they do deliver and really good for crypto & a nail in the coffin in BFL !!