Mabsark you are refusing to listen to reason. It's not the first time for you, and I know logic would say you are Trolling for cheap shares.

ACtM should be live trading on CryptoTrade fairly soon, until then you are on ignore as you have nothing valid to say and are simply scare-mongering and trying to benefit your own pocket at the expense of others. If you listened to what people were telling you I would give you a chance, but you are actually making me feel embarrassed for you now as you keep denying the facts and pretend there is a big problem with the company.

If I wanted cheap shares I really wouldn't have the heart to do what you are doing now, knowing that Ken has put his everything into this and so many regulars on here have big big investments that they rightly don't want to see trashed by some guy desperate to buy low.

No, I don't. You need to read up on everything you missed while you were gone before posting any attempt at criticizing ActM. There are legitimate ones, trust me, but you aren't hitting them.

Look, I'm giving you the benefit of the doubt here, because you "went away" for a while. The issue is that you come back, sling mud, and have done no catching up at all. I believe Bargraphics already corrected you, and rightly so, but if you're clicking around the site why not quote this date?

For the gold module: Availability date: 2013-12-31

Source: http://virtualminingcorp.com/shop1/index.php?id_product=25&controller=product

The fact that the miners estimated delivery is so far out is a bullish sign. Our queue is that full.

I don't ask that you post unicorn and rainbows, but you need to take in all the data available before posting any sort of criticism.

@Mabsark: Ken has stated that the dates on the website now do not represent the first people to have ordered hardware. That date is for people who order hardware TODAY. If you have already ordered hardware you can expect your machine on the date that was posted when you ordered. Factor in delays with sample chips and we should be looking at mid/late January (Speculation; but since the rest of seem to do it and announce it as fact I think I will do the same for this post.). (Now before you continue posting please reread the bolded sentences so you understand exactly what it says.

Why even bother LOL

I think donkeys with screwdrivers are about the only assembly line which could be considered worse than BFL's...

I don't remember an official statement about gen2. I think it was more or less hinted at with no clear date until it was decided to be skipped.

Project Timeline

August-September: Deploy/sell all hashpower arriving in July and early August.
September-November: Deploy/sell the hashpower ordered at early July.
November-December: Experimental products of 2nd-gen chips and modular large-scale deployment solutions.

It's worth pointing out three things about this list of events. The first is we're guestimating based on the most pessimistic NRE paid date. In truth on the 28th August NRE had been paid "some time ago"

Secondly we are using the maximum estimates generally

Thirdly when it says "normal production in 16-18 weeks" - those weeks are counted from the date of the announcement, which is why they are estimated to occur at their respective intervals.


I'm not going to try to read into it any more - just re-quoting this list with a few clarifications, and I hope we can continue to build on this list.

How many deadlines has AM missed again?

Mabsark, people have explained to you why your dates are so off.  The thought that you are correct because Ken didn't instantly set you straight is as ludicrous as your belief that the introduction of Intellihash means the entire process must start again from scratch.

Mabsark, you claim to have 'been here from the start' however your absence from posting for many months and obvious gaps in ActM knowledge show that your hasty return, while accompanied by strong opinion is more married to your desperation to recover your financial position from the significant losses you incurred in the Labcoin debacle.

Before you post any more comments regarding the schedule can I point you towards zumzero's timeline that he posted a couple of weeks ago?  It's been analysed by the community and amended by fellow shareholders and uses the eAsic schedule you refer to, however, unlike your projections this version has it's foundations in factual information.  This particular quote is taken from DTL's thread which is excellent and focusses on facts.

No one is arguing that ActM could have been more profitable, what a silly thing to say. Full Production will start by end of January, especially by my "maths".

Next time use Ken's Quotes and actual timelines if you want to make a completely invalid point maybe slightly valid. "According to Ken", using 8 month old information that was intended to mean "From Scratch".

Your arguments are based on your opinion of a process you know nothing about, again which is evident by what you type on this thread. I really do understand how upsetting this must be for you though, to lose most of your money on Labcoin and then put it back in ActM only to see slow production due to delays.

It's a little strange how you try to "bet" against yourself by saying there will be huge delays so that if there is even though you lost most of your money you get to say "I was right". Then if there isn't a delay you get to cash in your shares and maybe come out even, considering how much of a huge failure Labcoin was and how much you put into that.

Before more misinformation is spread, Masbark has no idea how the Backend Design/Mask/Fab Time process works as per his comment above.

A total redesign never needed to happen and I'm not sure where he read this or got this information.

In the event a minor redesign needed to happen (most of the backend design is done and considering eASIC is a 1 Mask Layer process, it wouldn't take very long at all and they would likely skip the sample chips)
 
Secondly if it were just sample chips and they were coming in "April/May" (lol) then why would he be prepping now by saying "We are working on assembling everything, so when our boards and chips arrive, we can ship the miners fast."

Do you think that sample chips would be enough to ship even a remote amount of product to customers?

The more likely scenario is the redesign process, mask process at Fab is and has been done already and they are making the chips as we speak. We should probably see the first Chips coming in Mid to Late January. As I'll be visiting in Mid January I'm hoping for that date as I will be taking Pictures and possibly Video as long as Ken lets me.

It seems we have traded Crumbs out for Masbark which is unfortunate as at least Crumbs sometimes made valid points :/

That should give Ken just about enough time to gut the drive trays out of the cases, working with a Leatherman and a dull chisel  

When will the chips arrive?

Eskimo - first off Happy Christmas.

Second, all your questions are valid but you should think about framing them in another way - as they look like a set of demands. An introductory 'Hi are you able to answer these question' etc. goes a long way. If I was reading your post and it was aimed at me I would ignore it as the tone of it is uncivil - I'm sure you would do exactly the same. All the best.

Hey wait a minute Mr Postman-

go have a look at the vid BFL had on their website recently. They had an identically laid out six assembly work benches, staffed by four people who would be sacked in my workplace if they worked that slowly.

The number of benches is fine, with pre-prepped cases and quick workers you can knock out plenty of rigs in quick time. We don't have masses of pre-orders, once they are done and dusted the farm machines will begin to roll out.

Edit- what are you benching? I have a bigger kitchen than the cafe round the corner but it doesn't make me a hot food outlet.

Edit 2 - hey VE are you going to open a mining rig production line in your basement? If so what's your IPO offer? Count me in OK?

At this rate you might have to be the one to sell lower then, as nobody else seems interested.  New recent high of BTC0.32