Post
Topic
Board Securities
Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It
by
neilol-real
on 15/05/2014, 18:43:37 UTC

Last two questions.

Does anyone know how much capital is retained from profits for future reinvestment?

Are there any other revenue streams apart from self mining, franchise mining and chip sales?


I don't believe any profits from Gen3 chip sales are going to be retained, thus the "aggressive" dividends.  I think friedcat has enough in reserves to cover Gen4 R&D.

Nope.  Those are the only revenue streams that I'm aware of.


The dividend schedule will be aggressive, as AM will not require large sums of retained capital. The rationale is that AM doesn't need to invest large sums into infrastructure and that the majority of chip production costs will be covered by the business partners on a contract schedule. The new round of dividends are scheduled to begin as soon as the first large purchases have concluded and should precede or coincide with the publication of the updated financial statements.