A couple things I'd like to bring up

1) The franchising model only makes sense if you believe that you have the capability to obtain a dangerously high portion of the network

2) AM has been better at the supply chain game than anyone else in the market. BFL raised much more money and developed better performing technology but they couldn't ship shit. I wonder if actually being in China matters... oh right it does.

3) Exponentially increased devices means exponentially increased devices. Friedcat hasn't made a lot of promises that he hasn't come through on. He has a distinct advantage in component pricing and sourcing. 

At the end of the day, the question is do you think AM can mine with, sell, or franchise a combined 10-20% of future BTC.

I do. That's why I'm a buyer again.