Quote from: Voodah on December 16, 2013, 10:52:42 AM

Quote from: jimmothy on December 16, 2013, 10:30:06 AM

The reason we are seeing such a price dip is because gen2 chips from AM were skipped which lead to a long gap between new hardware. The reason it was skipped was due to unsatisfactory performance and FC believes gen3 is more promising. Also by skipping gen2, gen3 will arrive sooner.

Yeah, I know that, I follow the thread. But where's all the money from Gen1 ?

Traditionally in the stock market, divs are a function of books and profits.

Here, we cannot see the books and divs ran to the promise of 10% network share, that was silently dropped.

I'm sure as hell there has been a lot of profits.

Why aren't they used to sustain the stock div if it is known that the 10% promise is unattainable and will be dropped?

We're talking about the customers who are funding your own growth.. why wouldn't you take care of them?

Soon competition will flow like crazy. It'd be good to give something back and gain some very valuable loyalty.

The financial info is public and you can find it under FC's posts.

The money from Gen1 was distributed to shareholders as dividends.

Around half of the btc from dividends was from mining and half from hardware sales iirc.

The divs are not retained to constantly pay out 10% this was just the goal for AM solomine (which could not be kept due to gen2 being skipped).

Some divs were retained to pay for gen3 as FC announced.

AM has given back to its investors more than any other btc investment.

Dividends alone equal to 500% initial investment of 0.1 btc/share.