Completely agree.  As someone who fell in their trap, I saw they produced the nice working singles, however what I overlooked was significant duration of time it took them to build one. And just realized recently these scam artists allocated only a tiny fraction of percentage of the funds to do actual development which explains the delays.

What bothers me, the later issue haven't brought up by BFL senior customers or if it has, I havent seen it anywhere.  What this means is, Butterfly Labs instead of stealing all the money, they steal 99% of the funds and allocate lets say 1% to actual development.  I am not a law expert, but this I am sure considered scam by any judge.  Specially when they intentionally project production as being away only 2-3 month while they know well its much farther away considering insufficient resources.

For those newbies who looking to invest with Butterfly labs, here are the names of scam artist board of directors you should be Googling for: "Nasser Ghoseiri" , "Jeff Ownby", "Josh Zerlan", "Sonny Vleisides". 

I dont have that much skin in the game other than a card, but I really expect seasoned bitcoin miners who also invested more with these Butterfly lab clowns be more vocal and help community exposing them more actively instead of being quite.