Post
Topic
Board Securities
Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It
by
necro_nemesis
on 14/06/2014, 16:27:51 UTC
Brief Answers to Shareholder Questions

4) When will dividends start, and how frequently will they occur?
When the cash-flow becomes positive. After we decide to put significant quantity of chips on ASICMiner owned farms it should be per week. Before that, per month.

Any updates into where these dates now stand?

I don't know if a lot has changed since then. But is it question-time again?

It hasn't even been a month yet. If you expect an update from FC every 2 weeks then I hate to break it to you but this is not the investment for you. FC speaks when he has news and if he doesn't know the exact date he doesn't set a deadline that he cannot meet. Give the man at least 30 days from that statement to ask for an update, even that I think should not be expected given the way FC communicates.

On this particular question there wasn't clarity. It was left as conditional with a decision point. The question was "when" not what conditions must exist.