Ninjastic
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Board Securities
Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It
by
yokione
on 02/06/2014, 01:24:07 UTC
Quote from: NotLambchop on June 01, 2014, 07:48:12 PM
Quote from: jimmothy on June 01, 2014, 07:42:27 PM
Quote from: electerium on June 01, 2014, 07:40:50 PM
Quote from: jimmothy on June 01, 2014, 07:00:05 PM
Quote from: electerium on June 01, 2014, 06:51:19 PM
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.

I only know of rockminer which is currently selling hardware. How exactly is this a red flag?

Quote
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.

How exactly can AM be "bled out" by its customers?

come on, you're smart. I dont have to spell it out.


Consider any landscape where FC et al. want to wash themselves of AM's shareholders.

Please do spell it out for me. I have no idea what kind of situation you are imagining.

OK, jimmothy:

You own stock in company A, which makes widgets.
I own company A, and want to make your shares worthless.
I form company B, and form a contract to sell it my widgets at laughably low prices.
This bleeds out company A, while I get to keep all muh munyz through company B profits.

So now you know Smiley


Well, What if "I", the owner of company A, himself possesses more than 50% shares of company A? And "I" take a risk by collude with all the board members, who possess another 30% shares, only to bleed the rest 20% of the company out...