Quote from: minerpart on January 29, 2014, 07:33:42 PM

Quote from: breadcrumbs on January 29, 2014, 07:06:21 PM

Too many of the posts in this thread are really nothing more than counting chickens before they are hatched.

Sure, it's called forward-looking profit analysis - or something like that. All start-ups with public offerings need to be examined along the same lines. You have not invested in an established company or project here. That's why there was an IPO. If you look at Friedcats's new project with anything other than 'chicken/hatch' eyes you'd be wrong because every new chip project is a new egg in this cutting-edge tech market.

A few facts go a long way - we have the funds to produce the chips we intend producing and we have two chips on the way with production assigned to two different global entities. The chances of success are very high. There is no known stumbling block in our way with the 55nm chip (already taped) and the 28nm is under the same design-team who have already produced a taped out ASIC.

The other fact is that we have had a delay with our 28nm ASIC. That's not unique in this industry. We have reacted tio that delay by upgrading this 28nm to full custom design creating a far more efficient ASIC. So to counter your saying I'll offer - one step back, two steps forward.

Do we have chips on the way or are we going to be told 3 months from now that the RTL/PCB design/etc was botched again? I won't believe there's actually a product on the way until there's at least one shred of proof other than press releases at this point.