[HAVELOCK] Provenance ASIC SHA-256&SCRYPT Offering Monday June 9th

[provasic]

Thank you to our early investors!

Our initial offer is derived from our valuation, and current market conditions.  We believe our priority dividend schedule is a unique benefit to our early investors when it comes to long term equity prospects.  Our sunk costs and owner's equity are well in excess of half a million at the moment.  We can't disclose our Angel Investors at this time; we still have opportunities for interested parties.  Similarly, we are in discussions with mining farms, but can't divulge the details.  Our pricing strategy is flexible, but our projected chip and electronics costs should allow us a good deal of adaptability when it comes to pacing the market.

We are working on some additional documentation, and will release specific details as we can.

In the mean time, we've updated the team profiles on the website.  http://provasic.co/about.html

Thanks again for your interest, and your questions.

[RiverBoatBTC]

Why are your websites for both private? a-2.com if your wondering what I mean by second.
Your about us page tells us about these people with great backgrounds but you have no "proof in your pudding" so to say.

I am seeing some HUGE red flags here, if you have the ability to fund 5.8million dollar real estate deals why do you need the communities money? You own a lending business but can not fund your own business venture? Really?

[RiverBoatBTC]

Invest with caution background check has not come back with what IPO issuer is saying

1 Person on the about us page has 3 criminal hits returned.
Offense Description:WATERCRAFT / PROHIBITED AREA, NEGLIGENT OPERATION OF ANY VESSEL WITHIN
Offense Description:SALTWATER STAMPS
Offense Description:D.U.S. 1ST

1 Property 4 plex owned

a-2.com now look at a2.com I called the owner he said he has no clue who Mr. Thorpe is and will give me a call back.
I explained exactly to the owner what I was doing and I felt that fraud might be happening due to the a-2 site.

UPDATE: Owner of a2.com called back said Mr. Thorpe has never worked for him, and was worried about the sites being so similar.


https://www.linkedin.com/in/rogerthorpe
The email registered to Roger Thorpe for both sites but one is owned by a different person
rxxx@a2.com   Roger Thorpe
19421 Sierra Lago Rd
Irvine, CA 92603
949-854-xxxx    

http://provasic.co/about.html
"Custom system to detect dangerous contaminant in military AC systems
System critical to team that earned the 2013 Secretary of Defense Environmental Award"
http://www.denix.osd.mil/awards/upload/2013-FY-2012-Environmental-Awards-Brochure.pdf
Ms. Dorenda Coleman, the Sustainability Manager for the Arizona
Army National Guard (AZARNG).


This thing Reeks!
                                  
Why has no one hit a noob asking for IPO with negative trust yet?

Free background check provided by me
Want due a background report on IPO's use my service! Its 1 more layer of protection

[provasic]

In response to your questions:

The lending company is a real estate lending and business development firm, and our team member is a Co-Founder, not the sole controlling member.  ProvASIC is a separate endeavor in a different market space.

a2.com isn't related to a-2.com; it's natural they wouldn't know our team member.  We have called them and clarified the situation.

Ms. Dorenda Coleman is unrelated to our team member.  Page 5 of the following link shows an image of the product developed for this project: Project Summary.   The award announcement is in this link: Award Announcement.

While you drew a few incorrect correlations and conclusions, we appreciate your enthusiastic due diligence.

[RiverBoatBTC]

why does Mr. thorpe have a a2.com email?

[jonsi]

Do not donate your money to criminals protected by havelock!!!

[jjdub7]

Why are your websites for both private? a-2.com if your wondering what I mean by second.
Your about us page tells us about these people with great backgrounds but you have no "proof in your pudding" so to say.

I am seeing some HUGE red flags here, if you have the ability to fund 5.8million dollar real estate deals why do you need the communities money? You own a lending business but can not fund your own business venture? Really?

Lol, this.



Also, Prov, can we have a disclosure on who you have hired on for the project at this point along with their CV's?  Do you yourselves have Linkedin profiles to support your own CV's?

[provasic]

Status Update!

First of all, thanks again to our investors for their interest and support.  We’re glad to have you on board.

The IPO has been slow to start, but that’s not entirely unexpected.  We’re making some adjustments to keep things moving, generate more interest, and open up some additional options.

Our initial plans included simultaneous SHA256 and Scrypt on a single wafer, produced at STMicro’s FDSOI facility.  The funding is coming in too slowly, so we've decided to move forward with a single SHA256 28nm die fabricated at SMIC. Although we’ll have a lower cost in terms of $/GH and our power usage/GH will stay roughly the same, one side effect is a reduction in total performance per die from 256GH to 180GH.  Power usage will stay in the same ballpark of 0.14-0.28 W/GH, NRE costs are down 35%, and our $/GH will remain excellent.

This is not to say that Scrypt is falling to the wayside; it’s still on the road-map.  For the moment, we’re consolidating our efforts to use our resources as effectively as possible.

In other news, we’re changing the nature of our future offerings.  Current investors are considered IPO virtual unit holders, and your dividends are supported by ProvASIC equity set aside to cover them.  In the future, we will be offering Hardware virtual units.  Hardware virtual unit holders can exchange their virtual units for current generation hardware, or hold on to their virtual units and receive a dividend from the sale that hardware.  Dividends do not consume the Hardware virtual unit, so the hardware virtual unit holder retains the option to exchange for current generation hardware at a later time.  IPO virtual unit holders will be given the option to exchange their units for Hardware virtual units. We expect the virtual units will change in value over time in proportion to the performance of each ASIC generation.

DataTank has certainly made a splash recently, and immersion cooling is very attractive.  We plan to get in touch with DataTank, to inquiry about design guidelines to make a product suitable for use in their cooling systems.  Additionally, we’re exploring options for consumer-grade immersion cooling solutions. 

That's our status for now.  Thanks again for your support!

[NotLambchop]

Status Update!

First of all, thanks again to our investors for their interest and support.  We’re glad to have you on board.

The IPO has been slow to start, but that’s not entirely unexpected.  We’re making some adjustments to keep things moving, generate more interest, and open up some additional options...

R.I.P.