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Hero MemberActivity: 728Merit: 500cryptoshark Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It May 30, 2014, 11:31:30 AM #19884 Quote from: freedomno1 on May 30, 2014, 12:34:49 AM Quote from: Jutarul on May 29, 2014, 10:13:49 PM My apologies for not being able to catch up with the current debate. The current status is that friedcat committed to the 27-MAY as the date to release the financial reports and he communicated his intent to wait for the first round of payments and the financials to release dividends (thus bringing stuff into alignment). That day has now passed without prior announcement of any potential delay. There is no technical reason why dividend payments couldn't be made independently from any financial report release date - it's just a matter of preference. I am currently expecting to hear back on that matter, I have no further information available.



I'd like to reassure shareholders that there is a shared interest in getting this resolved soon. As such I see the responsibility with the board to follow up on this.



Glad to see you around Jutarul to cool down some flames and FUD

Thanks for keeping us up to date and looking forward to the resolution.

Glad to see you around Jutarul to cool down some flames and FUDThanks for keeping us up to date and looking forward to the resolution.

the truth is, friedcat treat as nothing not only this thread but also boardmembers

(read share unloaders)



your news are terrible anyway. i dont think it cool down flames or "fud"



Jutarul, can you state when will be next board meeting and when was the last one?



also is it fair to be messenger and dumper together? with bfl style "subject to change"...







the truth is, friedcat treat as nothing not only this thread but also boardmembers(read share unloaders)your news are terrible anyway. i dont think it cool down flames or "fud"Jutarul, can you state when will be next board meeting and when was the last one?also is it fair to be messenger and dumper together? with bfl style "subject to change"...

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Sr. MemberActivity: 448Merit: 250 Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It May 30, 2014, 12:15:57 PM #19887 Guys/Gals, these things have been said over and over, I think by now you should know that FC will post when he feels like it.



You should also know that the only thing that binds the shareholders and FC is trust. This is a totally unregulated venture (and possibly illegal in some countries) so don't treat it as if you had bought US Treasury Bonds on the NYSE.



If the risk and lack of information is too much for you, Get Out Now.



(whining won't help and is just very annoying. thank you)

Rival



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Hero MemberActivity: 490Merit: 500 Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It May 30, 2014, 12:32:27 PM #19888 Although AM does not take preorders, in the business world often the inverse is true. In other words, there is a strong possibility that AM sold chips without immediate payment, net due in 30, 60, or 90 days. This is quite common. It is possible that AM has a very large number in their accounts receivable ledger and is awaiting payment from vendors before distribution to shareholders.



Sometimes Occam's razor will give you a better shave.

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NewbieActivity: 14Merit: 0 Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It May 30, 2014, 12:37:38 PM #19890 Quote from: cs54 on May 29, 2014, 03:16:31 PM

EDIT: I'm loving the BRK comparison and think that would be a perfect model for FC and AM. Just give us a no-frills website, an annual letter to shareholders, and quarterly reports, and watch as the goodwill and power come rolling in.





This is an excellent idea. Regular financial reports pushed onto some basic website would do wonders for decluttering this thread, and would also help provide some stability and fairer price discovery. Friedcat would be free to update more often without worrying about shifting the price one way or another, and it would go a long way towards legitimizing this firm in the eyes of traditional investors.



This is an excellent idea. Regular financial reports pushed onto some basic website would do wonders for decluttering this thread, and would also help provide some stability and fairer price discovery. Friedcat would be free to update more often without worrying about shifting the price one way or another, and it would go a long way towards legitimizing this firm in the eyes of traditional investors.

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Sr. MemberActivity: 347Merit: 250 Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It May 30, 2014, 01:49:26 PM #19893 Quote from: flamingleg on May 30, 2014, 12:37:38 PM Quote from: cs54 on May 29, 2014, 03:16:31 PM

EDIT: I'm loving the BRK comparison and think that would be a perfect model for FC and AM. Just give us a no-frills website, an annual letter to shareholders, and quarterly reports, and watch as the goodwill and power come rolling in.





This is an excellent idea. Regular financial reports pushed onto some basic website would do wonders for decluttering this thread, and would also help provide some stability and fairer price discovery. Friedcat would be free to update more often without worrying about shifting the price one way or another, and it would go a long way towards legitimizing this firm in the eyes of traditional investors.





This is an excellent idea. Regular financial reports pushed onto some basic website would do wonders for decluttering this thread, and would also help provide some stability and fairer price discovery. Friedcat would be free to update more often without worrying about shifting the price one way or another, and it would go a long way towards legitimizing this firm in the eyes of traditional investors.

I really don't think FC cares about how the share price moves when he makes posts and releases the financial reports.



I do like the idea of a website he could update but it would probably work out better if a boardmember / people in this thread worked together to make the website and then we requested that FC post his updates there and in btctalk so that its easily visible. We could even add an rss feed to the website so you would get updates.



I really don't think FC cares about how the share price moves when he makes posts and releases the financial reports.I do like the idea of a website he could update but it would probably work out better if a boardmember / people in this thread worked together to make the website and then we requested that FC post his updates there and in btctalk so that its easily visible. We could even add an rss feed to the website so you would get updates.