Post
Topic
Board Hardware
Re: [VMC] Official Virtual Mining Corporation Discussion
by
iCEBREAKER
on 05/09/2013, 08:25:29 UTC
Well sure, but eASIC had already published a signed letter confirming the deal with ACTM too, so a PR on eASIC's website likewise carries almost no weight.

No, eAsic didn't publish any signed letter and didn't confirm any deal before today.

Yes they did, it's in the FAQ.

ActiveMining F.A.Q.

Can you please provide some documents as proof of the existing claims?

eASIC chip NDA: http://axs.net/AMC/eAsic-NDA0001.jpg and http://axs.net/AMC/eAsic-NDA0002.jpg

That's incorrect.  They needed to sign the NDA just to start negotiations. The press release tells us the deal is closed. And as they say, coffee is for closers.

The 'A' in NDA stands for 'Agreement.'   Roll Eyes

The market has known about an ACTM/eASIC agreement for a long time.  Ken's meeting with them was long, long ago.

That's why the rally today was so brief.  There was no new information in the press release, just a rehash of old stuff.

The 'agreement' in "NDA" is only to keep eachothers secrets, not to make a chip.

The secrets are about making the chip, not some torrid affair in Sunnyvale.   Roll Eyes

No new information was in the press release, per NDA.