Quote from: Ytterbium on August 16, 2013, 04:14:21 PM

Quote from: bitcoiner49er on August 16, 2013, 04:00:00 PM

There are "payments" out of 158mVoizfU3xPxGGchGtnsKSixGs9XTo6v.

The first payment out of 1FGAftzSTztFSB8LMwsrdCKTyqGY6zr3sU didn't occur until yesterday. (8/5)

Since that's the address that collected payments for the chips, if there were 1 million chip orders, then how did they pay TSMC and other companies get paid?

Do you think someone extend Bitsyncom a line of credit?

Yes, Bitsyncom Split, and Yifu has been reportedly running around with dodgy Banksters according to an article in the WSJ everyone is so dismissive of.

Quote from: Loredo on July 08, 2013, 04:30:20 PM

Quote from: alfabitcoin on July 08, 2013, 04:23:34 PM

Quote from: Loredo on July 08, 2013, 04:05:33 PM

Quote from: yuchuanzhen on July 08, 2013, 03:19:07 PM

Basically,this team designed chips(110nm) for Avalon.

And for some unknown reason,they are looking for some new partner/investor.(40nm)
And,we don't know what happened inside Avalon.

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?

Where you assumed that they seek investment or new partner? Also, where is evident that they bitsysncom asic team has split inside?
Maybe this has something to do with btc address for chip purchases? Yifu said that who claim that they own that btc address.

This is why is asked for clarification. As to my inferences:
(1) yuchuanzhen stated "Based on the author's words,may be some thing happened to the Avalon team.And,most like a big one."
(2) and (3), yuchuanzhen stated "And for some unknown reason,they are looking for some new partner/investor.(40nm)"

Again, this development is currently, in primary source, in Chinese. I think everyone who is reporting it, in English, should be very careful to be very clear. Presumptions themselves may not translate correctly, even if they are, themselves, correct.