(Long time lurker, big investor in ActiveMining).
Am I right in saying that some of the funds from preorders/IPO/cancelled chip orders are in BTC?
Why not return a portion of these BTC funds to the investors as weekly dividends in the meantime to tide us over until the development is complete?
(Obviously, whilst ensuring that enough funds in US dollars are in place to cover any order cancellations and further development costs.)
I realise that this would cut into the funds available for purchasing mining machines, but at this stage there are too many unknowns and it would help to maintain confidence in ActiveMining.
Why as a major investor would you want to company to pay escrowed funds to investors when no product has shipped thus risking bankruptcy of the company if enough refunds are requested. All funds for preorders should be kept in the ActiveMining account until the device is delivered. Only at that point are they our funds.
We should also not pay out from the companies bankroll if we are not in fact making a profit. It is not worth it long term. I would rather have a terrible share price for months than to spend our bankroll and go bankrupt when people ask for refunds.