Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It
Well, here's to hoping that FC pays a lump div for AM3 sales to those of us holding some shares. 
Then when the lemmings come out from under their rocks then can whine and moan about no divs.
Then when the lemmings come out from under their rocks then can whine and moan about no divs.this sell, is it confirmed? who is mining with AM chips ?
On another note, correct me if I'm wrong here:
Havelock holds ~27000 AM1 shares.
Asicminer issued ~400,000 shares. Bitfountain owns about 236,000 of those shares. So about 164,000 shares are "regular", trading, shareholders.
Havelock then represents ~16% of the "regular" shareholders, which also represents people who want the ability to trade rapidly (although with poor liquidity).
Havelock does not represent direct share holders with long term investment in mind. I do not see many auctions for direct sales on the forum, indicating that long term shareholders are not interested in selling, at least on the forum. (There may be other direct sales going on, but that means there is someone buying the shares.)
Judging a security by what 16% of the market trades at doesn't seem logical. This 16% represents a niche within a niche.
A handful of boardmembers taken together represent more shares than the entirety of Havelock.
Using Havelock as a "representation" of the share value is ridiculous to me. It's similar to the BTC/USD price IMO, in that it doesn't represent long term investors. Say a BTC exchange has 15k btc in sell orders. Now say there are 50 exchanges like that. That's 750,000 btc "wanting" to be sold. Assuming there are 12M BTC in circulation right now, these exchanges would represent 6% of the economy- once again not representing those not interesting in selling in the short term. There may be sales off-exchange, but once again, that means there is a buyer at their price.
I'm sure most people here realize this about AM1, as others have pointed out this fact too. I think some newer people need to think about and understand this.
Also, think down the road about Gen4, Gen5, Gen6 etc, 14nm, 10nm, 7nm etc. Obviously there are other chip manufacturers as well, but each year and each technology gives the opportunity for one to be on top.