Thanks for providing a great service!

Don't take this the wrong way, but..... Can we get this in English please?

And always remember, any bitcoins that someone else holds the private key for aren't really your bitcoins. 

Maybe they are busy working on intelliSue?

Well, it's been entertaining.  Can't say I got my money's worth, though.

I've lost more on Bitcoin mining ASICs than I have lost on Bitcoin securities, but I feel your pain.

Nice work.

I notice you changed the pattern on the private key obfuscation panel - any particular reason?

Maybe transferring the shares of those of us still waiting?

Quite possibly the truest thing that has been stated in this entire thread.

Looking forward to receiving my dividends on the 21st.  Shame I still don't have my shares yet....

AFAIK the kondikes were never delivered.  And the 20k chips were refunded because Avalon fucks their customers.  So all we have that is "old" is the 6 avalons, for 430GH/s.

I'm pretty sure I saw a reddit thread regarding the Avalon chips. I didn't post in it because my contribution would have boiled down to "Fuck Avalon" (having been burned three times by their batch three debacle).

Nobody knows, but rampant idle speculation has got to be more fun for everyone than the other stuff that's been going on here lately.

Yep, our 28nm eASIC was cancelled, our 55nm was cancelled, so far we're 0 from 2 in chip production and nothing that's happened in the last 12 months makes me believe the third try will be the charm.

We can't buy AM chips - AM are competent, deliver on time, and don't screw their customers.  Which is why I predict we'll buy Avalon chips (despite getting burned before), and we'll get burned again, and again, until there is nothing left but a smoking ruin.

Funny (?) thing is, I was pretty much a fence-sitter with a "wait and see" and "give Ken a chance" attitude until this latest round of failures (cancelled 55nm) were delivered via a third party news article.  That slap in the face to shareholders was the last straw for my cautious optimism.  On the plus side, if this debacle actually delivers anything other than hot air and promises, imagine how happy us doubters will be!

My guess is for something more substantial, along the lines of "we're buying some next-gen Avalon chips to build miners to fill customer orders and mine with as a temporary stop-gap until our custom 28nm chip is ready"

At which point we will have come full circle to near enough to 12 months ago, having achieved almost nothing yet burned and spent and lost much.

And I expect the cycle of incompetence, delays and excuses to continue until the whole thing implodes.  I hope I'm wrong.

Given our history of half-truths and last minute changes in direction, delays and vapour ware, nothing short of test chips hashing on a publicised address with a message signed by Ken would make me believe.

Quoted for truthyness and predictionability.

My 2 uBit, the non-update will be defended vehemently by those that were defending the last non-update and those that made excuses for shareholder news being broken to us by a third party news article.

I so very much want to be wrong.  On the plus side, the losses incurred by relatively paltry shareholding pale into insignificance compared to other dud investments I've made.

If this 28nm thing is real, then chances are the withheld dividends are what's paying for it.

As was mentioned earlier, the IPO was supposed to raise funds for Avalons and the eASIC stuff.

I can't recall how much we spent/got refunded on the Avalons, and we have no idea how much of what we spent on eASIC has been refunded (and if those refunds were in cash or in-kind).

Even with our mining (ie. withheld dividends) I too find it hard to believe that, after buying People's ASIC and paying for a full production run (isn't that what Ken told us happened?), then cancelling that production run (money back? who knows?) that we would have enough money for a 28nm chip.

Pretty much up until the most recent news was broken to us shareholders via a reporter, I was leaning heavily towards the "give it a chance, we've had some problems but everything is moving in the right direction" camp.

This latest slap in the face to shareholders has flipped that 180 degrees.  I'm not saying a lawsuit is the way to go (right now), but I hope Ken realises that every time he takes a dump on his shareholders, like he did this week, he turns a few more supporters into sceptics, some skeptics into disbelievers, and makes the disbelievers angry enough to want to tear the whole thing down just to get at Ken.

Ken, for the love of all that is good, get your act together.  

Wat?

Seriously, what does that mean?  That we're dumping eASIC?

If so, what did we get for our million dollars?  How much of our million dollars are we getting back in cash?  How much are we getting back in-kind?

So, did your money come through eventually?  I would have hoped after a posting such as yours, you would have at least had the decency to come back and either confirm they stole your money, or that it eventually came through.