That train has sailed as AM doesn't have the money and the deployment capabilities to deploy a big scale self mining operation. FC could do it right as soon as he had chips in hand, but he didn't do it.
4) When will dividends start, and how frequently will they occur?
When the cash-flow becomes positive. After we decide to put significant quantity of chips on ASICMiner owned farms it should be per week. Before that, per month.
7) What is the status of self mining? What is the rollout schedule for the data centers?
8 ) What is the status of franchising partners? When can we expect to see income from them?
We will report the more detailed status to the board first. The short answer is that deploying and financing is easy while getting cheap electricity and proper device solution takes time. When we have farms running we can update the related information with real time hash rate.
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BoardSpeculation
Re: is Bitcoin going to crash to as low as 200 usd?
why on god's earth do we want to bother FC right now with this exchange site?
havelock is robust enough that there is literally no reason for FC to even consider a new platform, especially when he's in the middle of a product cycle like gen3.
because it sure wastes him and us more time to ping pong pm/email to transfer shares. FC does not like rent seekers that eventually screw, or he would give all the shares to havelock to manage. Personally I don't see havelock last more than 3 years. Distributed exchange lasts forever, although things might not be as quick as centralized one.
I think, that our Panamanian Havelock is preparing for final run. We as community addressed several security concerns to them months ago, like locked withdrawal address, pgp encrypted mails, fixed time period between change of settings, they always tell you that they care, but true is they don't care, nothing changed.
Better to have counterparty or coloredcoins than this ready to run away centralized fog
what do you mean by final run. some new security implementation?
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BoardSecurities
Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It
- The "Exchanges" expense, with no further explanation. - Announce "aggressive dividends" and then suddenly have negative dividends.
How can you as CEO of a publicly listed company, make such run-up statements and then just post 2 links to your very vague finances that show a loss, and think it's sufficient? To me that's a CEO that no longer gives a fuck.
Rockxie, I must say, you don't inspire a whole lot of trust with how you're managing this. So the shares that were to go on IPO were actually on sale elsewhere? and please update the OP so people don't have to go through 5 pages for nothing
well, he said time is money
edit: i think some one will make a PT double the price, like labcoin ipo they sold to first come, then trade started double of ipo , if i remember correct.
6000 private shares are all belong to co-founders of ROCKMINER. We are going to be a transparent company of course, but may not be 100% .
So the other 54000 private shares were sold to Pre-IPO investors?
What are your plans for the end of the year when AM Gen3 chip's and your assembled miner's profit margin starts to taper off?
Is there Dividend protection for IPO investors?
Sorry,made a mistake.6k should be 60k.
We have long term plan. Produce miners of GEN3 ASCIMINER is our shortly target.We will adjust our plan according situation of market. Thing change faster than you can imagine.
so pre-ipo will eat up some of the 15k shares, and the rest will go up on ipo day? correct?
Will there be a guaranteed return on IPO prior to owner shares being paid a dividend like AM did for their IPO?
In other words, will the owner shares be receiving dividends on day 1, or will only IPO shareholders receive dividends until .15 is paid out.
Rockxie,
Could you please respond to this question?
Thank you.
He ignored it like 5 times, the answer is clearly no.
Also since he is more or less keeping 80% of the income while investing nothing, what is to stop someone from doing exactly what he is but only keep lets say 50% of the income. Would that not just kill off the value of this company?
didn't he invested in his ability/energy/work done, etc? isn't the 80% for re-invesment?
Will there be a guaranteed return on IPO prior to owner shares being paid a dividend like AM did for their IPO?
In other words, will the owner shares be receiving dividends on day 1, or will only IPO shareholders receive dividends until .15 is paid out.
This IPO is intended to improve ROCKMINER's influence in community and find the right parter oversea, money is secondary, and this is the reason we only raise 1500BTC. All shares with the same rights.
but you said time is money
i would like to know the answer for question above