Who or what is the European part of this company ?
+1
Also, will you actually sell hardware (blades) or shares? Not sure I understand...
The business model part mentions that, this is a decision that has not been yet taken. It depends on many still "unknow" factors.
EDIT : Further elaborating with this bit from our website :
"At the moment we are able to fund a first test run of version 1 IC and continue development of version 2.
If v.1 IC test run is successful, we will purchase a run for 100.000 ICs which should yeld about 30 TH/sec in total.
We will deploy half of this hashing power for private use and re-sell the remaining stock of ICs in the form of high powered 'blade-like' devices.
Income generated will go toward the completion and tape-out of the version 2 IC."
The "unknow" factors, refer to the success/failure of first 180nm test run, on the success of which, depends a further, bigger run of ICs.
We still need to iron out some quirks with the preliminar design before we can safely go on tape-out phase, so you should get what i'm talking about, there are many 'chained' events which depend on each other success before we can achieve
significant results and talk about selling devices or shares.