Post
Topic
Board Securities
Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It
by
asdfghj
on 30/05/2014, 17:07:23 UTC
Cashflow statement up to May 27:
 - Any electricity for May 25 (Line 18)
 - Was released before payment of May 28 salaries (Line 22)

This makes it hard to estimate whether we are ramping up or withering away in both mining and production.

The balance sheets show a large amount of Materials waiting to be turned into chips. (Line 7)  This looks to be the only bit of hope in this picture.  Even then it looks bleak.  If each chip makes 100% over cost, that bumps assets to 40 USD per share.


Well......

Edit: 7M USD is 17 dollars per share.  Not quite the positive picture.