Quote from: kspencer93 on April 03, 2014, 01:53:31 AM

Quote from: rdyoung on April 03, 2014, 01:49:14 AM

Quote from: babcoccl on April 03, 2014, 01:01:27 AM

Quote from: anon29426 on April 03, 2014, 12:38:29 AM

Quote from: babcoccl on April 03, 2014, 12:34:15 AM

Quote from: anon29426 on April 03, 2014, 12:02:48 AM

Quote from: spartan82 on April 02, 2014, 11:55:23 PM

Quote from: dhenson on April 02, 2014, 10:38:02 PM

If you are disheartened by PETA and want out but find yourself without liquidity to sell I would be willing to trade AsicMiner shares 1:15 for PETA shares.

15 PETA Shares of yours to 1 AsicMiner Direct share of mine. I can handle large quantities.

PM if interested, we can work out the details.

Great businessman u are lol I think the ratio is more like 10:1 but what the heck it's worth a shot anyway..

Quote from: anon29426 on April 02, 2014, 11:25:51 PM

looks like were going to be back to pre-ipo prices before the end of the week. id sell my shares if i didn't buy in at 0.12 Sad

Damnnnnnnnn that's gotta hurt!

it does. its just such a shame. this project looked so good. but im with mikemikemike, however much of a k he sounds he seems to know his shit inside out, and considering he has been the one trying to keep the faith in this project alive, it says allot that he is going. think i might have to sell at a loss. this could have never been the case if we had better investor relations, but its clear cryptx has some deal with bitmine where they are keeping quite a few machines, i mean, think about it, they dont own any shares, how else are they making money? Huh

plus, not updating us about the PCB's when everyone is worrying about them just shows they dont care about us

so much money down the drain Cry

Jeeze guys handle your sh*t. Investing in anything BTC is risky. Production delays have always been the status quo in this space.

I agree that more hardware needs to come online in the mine faster but complaining about it here isn't going to make it happen any faster. It's just going to spread malcontent among the investors and hurt the project.

IMO Peta has done nothing but deliver from the get go. I've never gotten a whiff of scam about this project and I truly believe the managers are doing everything they can to make things happen.

I'm going to continue to hope for a positive update in the future but I also don't see the need of reporting anything if there's nothing significant to report. Transparency can hurt just as much as it can help.

Continuing to hold.

but if everyone asking about the PCBs and cryptx is completely ignoring us, you dont think that sounds like scam? how are they making money? maybe not scam but i dont think they care about us

im going to sleep/ hopefully things look better in the morning

If I am a shareholder of GE and I ask them when how the progress of the Gen 3 120 wind turbine is on an online forum do you think they will issue a statement based on my request?

Unless the Gen 3 turbine is ready to roll into production is it ever in the company's best interest to comment on specific progress? No. Why? Because it commits them to meeting specific deadlines that may be unattainable because there are factors beyond their control.

If I have a team working on developing a product for me and they say "Yea, development is going smoothly, we should be ready to ship in 3 weeks." Am I going to make a statement that I'm going to release this brand new widget in three weeks? Hell no. Why, because the widget still has to be tested (which will result in bugs that need to be fixed which results in extra weeks) then the widget needs to be manufactured in China. Now when the container ship carrying the widgets back to me hits an iceberg and sinks with all my widgets, I still need to wait another 4 weeks to get new widgets made.

Now 3 weeks rolls around and my investors are waiting to hear about my promised roll out of my widgets and I have to tell them, "Well, we just entered the testing phase, and the widgets haven't even begun production yet." Then my share price plummets because I failed to deliver. I could pad this with ", but don't worry, because production will be fully complete in 5 more weeks." Then when the ship sinks with all my widgets I get to make another statement that again causes the share price to plummet.

However, if I just keep quiet and say "Things are progressing nicely." every now and again then my share price stays in relative limbo (for a time) while the public argues about what is going on behind the curtain.

Long and short, not making false promises is far better for a company than promising and failing to deliver. I never invested because of the "custom hardware" they were making. Knowing how custom hardware design and production goes, if they delivered that, it was icing on the cake.

Exactly.
I have made this same point before, but alas this thread at a minimum is full of folks who can't see the similarities or the differences between wallstreet and crypto.

To those that expect regulation and a PR person coddling investors should stop investing through exchanges such as Havelock. They would be better off learning how to trade stocks, commodities, bonds, etc.

ok people. just blindly throw your money at what someone says on a forum. they won't even update you. good luck with that. they answer every single question pre-ipo now nothing. you people just playing a game of dice. companies like this need to self-regulate, and if they wont, then just look at neobee and gox. when these shares are worth 0.025 and all cryptX is giving you is dividend updates on your 300TH/s mine in mid May then i bet you say "ahhh i wish he would have been transparent with us before, now we lose all our money because we didn't want to know what was going on". you prefer to be blind instead of see. your all going to look very dumb, you will see

Did you even read my post? Or are you trolling in the hopes to pickup some cheap shares?
This investment environment is very dangerous, regulation has nothing to do with it. Heard of bernie madoff? Or the other Billions that have been scammed out of people over the past 10 years or so.

Let me get this straight, because they have not reached their initial target then they haven't been paying dividends? I guess the BTC I have cashed out from havelock was imaginary.
If they have only deployed 300ths or so by mid may as you predict, then the share price at .025 would be just about right.
My quick math comparing petas share price to the cheapest GHS price I know of gives us a current valuation of .026btc/share.
Its not an apples to apples comparison because of the reinvestment and the fact that you can sell your peta shares whenever you like and the site I used for the GHS pricing claims to mine for 5 years per contract. Take my math as a maybe and possibly not as a statement of fact.
If the price does plummet this low I will likely stock up on more shares, in investing sometimes the best time to buy is after the newness and shiny wears off of an ipo. Considering the delays its not surprising if it does drop to pre ipo levels. I would however bet that there is some btc on the side lines waiting to buy in if it dips below .05 though.