Post
Topic
Board Securities
Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It
by
ex-trader
on 14/09/2013, 13:56:55 UTC

The interesting possible counter to all this is that Friedcat and the Board should consider the following:

- Change dividend policy to monthly (or even quarterly)
- Change update policy to the same frequency

The reality is that since AM is a privately-controlled company with a minority listed on exchanges and it is not seeking to raise money since it's very profitable, it has no reason to be wasting it's time dealing with the absurd frequency of updates and dividends demanded in the Bitcoin World. That way it could officially just concentrate on running the business.

As I've said before, I'm involved in a few big private companies as a Director, Investor or both. Not one of them provides either a shareholder update or a dividend more frequently than quarterly.