Is that you Greg? A few fast questions, because I'm from a phone:

1) How much of your $5M payment is unliquidated, hold in an escrow account? People tells me its a relevant amount, but you look like to be denying it.
2) What guarantees us that you would build boards and mine with it for our benefits, apart from your words? You could do nothing, keep the IP and use it for whatever purpose, give the chips back after a few months quoting whatever problem, and we would be all completely screwed with no recourse.

I will propose you a better and simpler company definition:

1) You create a new company and send $10M to it. You bind yourself not to withdraw that money in any way other than for board build costs and admistrative expenses.
2) You get every chip and asset you want.
3) You mine with it and keep 100% of whatever you mine until when you recover the build costs.
4) Once that you have recovered it, you only get to keep 20% or so of the mined.
5) We get to audit your books and the datacenters continuously and at any time. You will basically give us access cards for the datacenters.

Everyone wins. No one can screw anyone.

If you are legitime, those terms should be appealing. If you are not, you need to find a way to screw us, and that document looks quite like it.