Post
Topic
Board Securities
Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It
by
zy02264
on 28/06/2014, 17:12:54 UTC
Next round of shareholders questions July 2014 - gathering

Dear shareholders,

we've gathered 10 questions so far, still 2days until forwarding them to Friedcat. If you want to add something, don't hesitate to write it here, or in PM. Closing time for this round of questions is 29th of June 2014 12:00 UTC +01:00

*The closing time was moved because of practical reasons

Quote
1) Could you please provide an estimate on:
- When the next dividend can be expected ?
- When ASICminer will become cash-flow positive ?

2) Regarding self-mining and franchising:
- What is the current status of self mining and franchising ?
- What partners are and will be working with ASICminer ?
- What do the respective partnership agreements entail ?
- How many PH (including percentages from franchising) will -directly- contribute to ASICminer mining income ?

3) How many PH/s of gen 3 have already been sold/shipped by now ?

4) Has the "60 PH/s batch" progressed any further ? When is it supposed to be completely done ? How much has already been sold ?

5) Given the ratio of 1/3 retained and 2/3 paid out of the revenue, is this after deducting costs for upcoming batches/expenses or are those part of the 1/3 of retained capital ?

6) AM sells chips to multiple mining companies including Rockminer, Datatank, Bitgarden, Hashratio is it possible to get some clarity on the relationships AM has with different groups ?

7) Is Asicminer selling chips at cost already ? Rumors have been going around that it is known in China that the chips are being sold at cost. Can we please have a confirm/deny on these rumors and explanation why ?

8 ) The last post mentioned that average sales cost is about .5$/gh, is this still the average ?

9) Regarding Gen 4, can you give us rough (plus/minus a month or two) estimates on:
- When tape-out is expected ?
- When production is expected ?
- When the first chips will be in hand ?

10) Personal question from shareholder freedomno1 : Hi friedcat I have been receiving several requests for replacement baseboards/ power boards and parts for the block erupter cube and was wondering if their is a repair service or parts store available that I can relay to those individuals to contact with if something breaks.

I was wondering if AM has any stock repurchase plan for now or in the future giving the stock price is keep falling. Thank you!