Quote from: RoadStress on December 15, 2014, 12:10:53 AM

Quote from: cedivad on December 15, 2014, 12:07:33 AM

Quote from: RoadStress on December 14, 2014, 11:13:28 PM

Let's make a short HF recap. They cashed in what? 40M$? 50M$? They refunded under 500k$ (I think) and they shipped what? One Batch of miners? Where are the rest of the money? A 28nm maskset should be ~5M$ or even less. HF team was either a retard to sink all the money into useless shit or they found a way to siphon the money out of the company for their own benefit.

Your numbers are a bit off, but the order of magnitude of difference between what they took in and the cost to produce what we bought is still there...

Well I pulled the numbers out of my belly because of my bad memory, but that's exactly what I was trying to highlight. That HF was a money black hole and this is only done by someone very very stupid or someone that had a plan to siphon money.

Edit: Btw there was a financial audit on HF? Or this is not done when companies declare bankruptcy?

Yup this is exactly how I see it. HF really produced very little things of value in the end.

What was the percentage of customers that actually got a working product? 5%? 10%? 2%?