Post
Topic
Board Securities
Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It
by
Mabsark
on 15/12/2014, 17:11:16 UTC
Sell wall on havelock. As others have mentioned AM doesn't have the financial strength to compete in the future. They need to secure more funding, and dividends aren't realistically on the timeline for a while.. They should be conserving excess capital for dry streaks, not sending it out to shareholders.

At this moment in time, all we know regarding AM's financial position is the following:

a) financials statements are currently in preparation and start getting processed next week. Dependent on how long the accountant needs, the financial statements should be accessible shortly after
...
e) AM has enough funding to stay in business independent of BTC valuation for a considerable amount of time.