Quote from: grimholt on August 19, 2013, 02:59:00 PM

Quote from: Stuartuk on August 19, 2013, 02:45:30 PM

If Ken is still doing the btc conversion we will be not short in funds either. $120+ on Gox, that's just really good for us and means taking his time with this process has meant ACtM might have an extra 20-40k (guesstimate) than expected.

Volume is also up close to 10fold (lots of buyers), so I would say the last batch should have easily been done today and payment will be made to eASIC IMMANENTLY.

Stand by.

He's not using Mt. Gox (which is a wise decision), so the conversion rate on there is of little relevance. If I remember correctly he mentioned Tradehill once, so I'm guessing this is (one of) the exchange(s) being used. Anyway, the conversion rate on most other exchanges is in the range 100-105 USD, so the current price bump on Mt. Gox doesn't really matter much.

Anyway, I have faith that the NRE payment is well under way, and that we have some exciting news coming up very soon!

I'd be surprised if he wasn't using gox for a portion, how do you know what he's up to? Even if he's selling off-gox the demand reflected there will help hold up prices on smaller exchanges when big sells are put up. Either way this demand is going to benefit us.