\The fact of the matter is, multiple groups are trying to get into the industrial mining game and are offering IPOs.
Most of them are trying to get money together from other people to order mining equipment. Of all the new companies, only ActM is assembling their own equipment and looking to design their own chips. BFL is a big, terrible joke. AsicMiner stock is slipping and who knows when and what they will produce next. Although those USB Eruptors are brilliant. They make mining available to everyone, even if the ROI is months. It at least gives more people a chance to experience mining and understand it. My hopes and expectations are that ActM will have its FastHash machine out by October. Who needs another IPO? Any money I might have spent on a mining IPO will instead be spent buying a Fast Hash 80 and perhaps another Fast Hash machine.
Just so you know, both Labcoin and BitGarden are also producing their own ASICs.
If you can call asic's on 130nm tech "asics" (I know they are, its just such oldhat technology)