Dear Friedcat, board members, dear shareholders.

I dont speak a lot, but as a shareholder I need to speak out now.

Here are my concerns.

1.)   Un-transparency in company mining hashrate
2.)   Un-transparency in company hardware salles and other income/expenses
3.)   Lack of updates from board or Friedcat himself

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Regarding the first concern, i proposed the following question in the first round of questions

Could we have an official live hashrate meter from ASICMINER?

We received 2 answers for now:

Quote from: ThickAsThieves on July 09, 2013, 03:43:52 AM

Yes. Our internal management system is towards its completing. Directing the data to a public webpage is easy.

The same question made into the second round of questions as well, so second answer was :

Quote from: friedcat on August 22, 2013, 05:14:24 AM

We have an internal one, mainly for troubleshooting when some of the racks going down. The hashrate meter based on the blocks mined reflects more of the real speed (plus luck of course). We will buy more bandwidth before making it accessible by the whole internet. It also requires more commitment in maintenance.

Now is middle of September and we still dont have hashratemeter. We are still guessing the hashrate from mined blocks, we are still questioning, believing, hoping, speculating

For second concern regards un-transparency in company sales I proposed the following question

For more transparency, is it possible to share a wallet address for depositing income from ASICMINER hardware sales?

This question made into the second round of shareholders questions.

answer

Quote from: friedcat on August 22, 2013, 05:14:24 AM

We use a different deposit address for each payment transaction. But a centralized nexus address is good. Then people could see how the funds are separated as dividends and expenses.

From bitcoin-flow in AM addresses as a shareholder I still dont have a clue how many blades/usbs company sold in week/month. Also what about direct sales in China? Franchising? Expenses? 2nd gen development? Moving?

Its really hard to write few words after each dividend? The sales was and the news are If CEO doesnt have a time for this anymore than somebody from staff could handle the public relations.

Third concern, lack of updates.

I remember days when Friedcat delivers updates like clockwork. This is not true anymore. And humble shareholders are kept in speculating darkness. What happened with transparency?

In this unstable times we need updates more than ever.

In my everyday life I see that money changes people, but I believe this is not an issue here and we shareholders are still important for company.

Kind regards,

Monarch

Monarch

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