I knew something was fishy when TAT let go of the PT management because he kept the Neo&Bee PT on havelock. It made no sense to me. Whatever you want to believe about TAT and Neo&Bee is fine, but he left several but kept one on havelock. If it was about havelock wanting more control, that is incongruous with TAT leaving AM but keeping NB. The timing was horrific and just reeked of someone either being pushed out or just wanting to wash their hands of an impending shit storm.
Then when we got word that the chips didn't quite spec out as well as anticipated, but we still saw 2 huge IPOs of former AM chinese shareholders still get pushed through to the public. That shouldve been the biggest red flag.
Everything that TAT insinuates in that chat long aligns with the narrative that AM is going to be bled out by rockminer, xtbec, and any other franchised buyer of those chips.
It now just reeks of horrible collusion against every AM shareholder that has not been privy to the rockminer et al. sales and company structure.
come on man, did you give TaT a BJ to know all this? i red all the logs from MP's IRC channel and although they view AM cynically (like everything else in bitcoinland), they nonetheless give FC some credit. anyho feel free to short and leave.
if 1 month ago FC made this post, how do you think it changes the financials that were dropped a few days ago?
- sales are fine
- converting fiat to btc has now become an issue
- AM will have to restructure near term dividend scheduling until fiat/btc exchange becomes robust again
- we have lots of chips, we will sell lots of chips
instead, "nothing is wrong" was kept shoved down everyone's throat for the past 3 months. When i can count at least 10-20 posts in that time frame that raised concerns about fiat/btc conversion in light of chinese regulation and changing legal landscape, but they kept saying that nothing was wrong.
so AM just drops a bomb on the day after dividends are supposed to arrive that theyve been having the exact problems that people thought they would have 3 months ago.