Post
Topic
Board Securities
Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It
by
arousedrhino
on 14/06/2014, 18:13:57 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.


He purposefully did not provide clarity on the question since he doesn't have a firm date. If he set a date and missed it you would all bitch then as well, you really cannot win on this forum. No matter what you do someone will bitch and not be happy with it. When FC knows he will announce it, thats how he has worked in the past I don't know why that would change now.