Post
Topic
Board Securities
Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It
by
jimmothy
on 30/05/2014, 20:16:33 UTC
about that infinite loop of reinvestments, how can you explain this (one month ago) :

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.


Let's just write another round of questions. FC said, that he will glad to answer them.

This is just speculation but I think FC was expecting the chips to arrive 1 month earlier and with much better specs which may have cost us our "aggressive dividends".

However I think the "no large sums of retained capital" is somewhat of a misunderstanding. It is simply impossible to sell $25 million worth of chips without spending a few million to produce the wafers.

But yes I do agree it would be a good idea to write up another round of questions.