In your prospectus you make a financial projection regarding 1st year of operation:
Net Profit 1,501.27 BTC
Earnings per share: 0.00577411
Current plans to IPO with share price of 0.022-0.0235 would mean return of 25% or P/E ratio of 4 during 1st year.
What is the cutoff date for your projection starting? Is the 1st year already on its way to a reality?
Projections are made for the 12 months after IPO closing. We have to have at least a portion of the IPO to be raised to make those returns a reality. We're doing well at the moment, but we're in a situation to where I simply have more orders/demand for products than we have money for.
For example, here's a basic thread that I posted only July 8th for AntMiner S3s:
https://bitcointalk.org/index.php?topic=682528.0We fronted 100% of the payment to BitMain for the miners, and simply made it public that we wanted to sell our inventory. Within 4 days, the initial allocation of 40 units (of 55 we had ordered) was sold. Here's the catch: After we sold out on he site, I had requests for another 120+ units. We opened sales back up for 10 this morning, as we had a few refunds from customers that wanted to cancel. We sold the 10 out in about 5-8 minutes (I simply E-mailed current purchasers of this batch of S3's that we had more units). We have the capacity to turn as much inventory as we have funding for. The problem being that its much harder to make sizable margins on $50,000 worth of inventory as opposed to, say, $500,000 after factoring in employee expenses and overhead.