Since it is August 1, AlcheMiner wants to provide the following update for investors:
Currently, TSMC's capacity is very full. Therefore, we won't be able to get chips based on original schedule. However, we are targeting to do demo and start shipping before mid-August. Our vendors, including foundry and packaging houses, are working hard towards this goal. More details will be announced as they are available.
im eager to see what august holds for alcheminer.. for a short while you held a higher share price than asicminer.
i noticed that one of your bullets says this
"This pre-order payment made up for the lack of funds that would have been raised by the IPO and used for the payment to the foundry"
was this a large pre order of machines to get funded, or was it a straight bitcoin investment towards the company( as in .14 btc per share )? i see that outstanding shares on havelock are at 83755 while the IPO only sold 22155 shares.
This was a large pre-order; the additional shares on Havelock were additional shares sold at the IPO price.