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kslaughter (OP)
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February 13, 2014, 05:39:28 PM |
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Great... so Ken put all the money into developing and producing ASIC's and then someone is smart enough to report VMC to the authorities? For revenge? Since i dont see that killing the company will get a reasonable amount of bitcoins back to shareholders.
I wish people could control their fear at least so far that they could make decisions that look like the best financially outcome. I dont see that coming from VMC having to refund all customers and spreading satoshis for his shareholders while stopping operations.
If Ken hadn't of repeatedly lied time and time again over many months none of these complaints would have been filed. He brought this on himself through his own incompetence. There is also no proof Ken has paid for anything. so, there is your proof that we paid eASIC. |
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kslaughter (OP)
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February 13, 2014, 05:47:37 PM |
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Ken, any updates on Intellihash? Will this be ready to go when we receive our chips in April?
I am hoping to work on it more between now and April. I have been busy on the 55nm deal. |
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minerpart
Sr. Member
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Activity: 280
Merit: 250
IIIIII====II====IIIIII
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February 13, 2014, 05:50:17 PM |
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Ken if that's the case and we are now looking at alternatives to eASIC do we consider the NRE advance we paid them as spent? Or is there any of that engineering useable in the future? Or can we get a partial refund? It was a big big contract, central to the company before the 55nm chip, but now it could be abandoned to history? |
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sparky999
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February 13, 2014, 06:13:47 PM |
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Ken if that's the case and we are now looking at alternatives to eASIC do we consider the NRE advance we paid them as spent? Or is there any of that engineering useable in the future? Or can we get a partial refund? It was a big big contract, central to the company before the 55nm chip, but now it could be abandoned to history? @Ken - if you paid them the NRE then what have they done for that money, because we certainly have no chip and they have had ample time according to their estimated schedules. Why do all your press releases have so many grammatical and spelling mistakes? Do you realise how unprofessional that looks? You have had so much time now Ken what possibly makes you think you will suddenly be able to magic up a 28nm chip in 8 weeks when you haven't been able to do it for the last 6 months despite apparently working very closely with eAsic the whole time. Just tell us the truth, the whole truth about what has gone on and let us make up our own minds about the company. All anyone wants is the truth and the ability to trade shares. Everyone will leave you alone after we get these two things and if you make it then great and if not so be it, but these two things are vital right now Ken please take a deep breath and tell us the truth. |
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sparky999
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February 13, 2014, 06:30:56 PM |
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Ken, any updates on Intellihash? Will this be ready to go when we receive our chips in April?
I am hoping to work on it more between now and April. I have been busy on the 55nm deal. @Ken -So what happened to the story about the chips from eAsic needing to be re-done to work with intelli-hash? That was just another lie Ken? |
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st4nl3y
Legendary
Offline
Activity: 1050
Merit: 1000
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February 13, 2014, 06:38:35 PM
Last edit: February 13, 2014, 07:10:38 PM by st4nl3y |
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Great... so Ken put all the money into developing and producing ASIC's and then someone is smart enough to report VMC to the authorities? For revenge? Since i dont see that killing the company will get a reasonable amount of bitcoins back to shareholders.
I wish people could control their fear at least so far that they could make decisions that look like the best financially outcome. I dont see that coming from VMC having to refund all customers and spreading satoshis for his shareholders while stopping operations.
If Ken hadn't of repeatedly lied time and time again over many months none of these complaints would have been filed. He brought this on himself through his own incompetence. There is also no proof Ken has paid for anything. so, there is your proof that we paid eASIC. that statement proves fuck all ken! it was only released to bump up the share price. how about you provide us with proof of payment to easic. |
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shadallion
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February 13, 2014, 06:38:57 PM |
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"All anyone wants is the truth and the ability to trade shares."
This.
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addi
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February 13, 2014, 06:44:35 PM |
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"All anyone wants is the truth and the ability to trade shares."
This.
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mainline
Newbie
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Activity: 56
Merit: 0
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February 13, 2014, 07:30:17 PM |
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This used to be such a fun thread. Let's get past this trading thing, I'll tell you why:
If Ken really is being investigated by Missouri Securities folks, there's no way in hell he is going to put your shares on any exchange. That's like being charged with rape, and before the case comes up on the docket, going out and raping again. Even Ken wouldn't do that, and you can't honestly ask him to.
On the other hand, if he has not been contacted, and the whole investigation thing is just a hoax, begging on a forum is unlikely to change his mind.
So let's talk about something else.
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JoTheKhan
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February 13, 2014, 07:34:50 PM |
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"All anyone wants is the truth and the ability to trade shares."
This.
I know this might sound completely impossible. But maybe Ken is telling the truth. I know.. sounds a little crazy. |
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JoTheKhan
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February 13, 2014, 07:35:37 PM |
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This used to be such a fun thread. Let's get past this trading thing, I'll tell you why:
If Ken really is being investigated by Missouri Securities folks, there's no way in hell he is going to put your shares on any exchange. That's like being charged with rape, and before the case comes up on the docket, going out and raping again. Even Ken wouldn't do that, and you can't honestly ask him to.
On the other hand, if he has not been contacted, and the whole investigation thing is just a hoax, begging on a forum is unlikely to change his mind.
So let's talk about something else.
I would have to agree 100%. Don't expect shares in February. |
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JoTheKhan
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February 13, 2014, 07:48:06 PM |
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"All anyone wants is the truth and the ability to trade shares."
This.
I know this might sound completely impossible. But maybe Ken is telling the truth. I know.. sounds a little crazy. Hell even VolcanicEruptor verified that he informed the authorities. So Ken could be like.. not lying. |
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mainline
Newbie
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Activity: 56
Merit: 0
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February 13, 2014, 08:05:56 PM |
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"All anyone wants is the truth and the ability to trade shares."
This.
I know this might sound completely impossible. But maybe Ken is telling the truth. I know.. sounds a little crazy. Hell even VolcanicEruptor verified that he informed the authorities. So Ken could be like.. not lying. Yeah, can't write that off. But I wouldn't put trolling past VE either. The whole CanadianGuy/VMC hardware bit  I'm on the fence with this one, ~65% in favor of Yes, he's being investigated. |
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RoadStress
Legendary
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Activity: 1904
Merit: 1007
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February 13, 2014, 08:54:01 PM |
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Ken, any updates on Intellihash? Will this be ready to go when we receive our chips in April?
I am hoping to work on it more between now and April. I have been busy on the 55nm deal. So you did zero work on this until now? I thought you were advertising this for some time. |
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kslaughter (OP)
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February 13, 2014, 09:19:27 PM |
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Hi Ken,
Two questions:
1. How much of the eASIC NRE funds are available for use elsewhere if we no longer go with eASIC
2. Would you mind posting some kind of documentation of tapeout - personally I'd find it interesting, and others seem very keen to see it so they can stop wetting themselves.
Best,
Vince
We are working with our vendors to use any of the funds we may have paid them on our new 28nm project, our vendors seem to want to work with us and meet our other vendors prices. The project manager has been meeting with them last week and will be meeting with them again this week to get a quote. We want to get started on the 28nm ASAP. I don't have any documentation on the tapeout. This was for the shuttle run and prototypes which we have canceled and have now changed to the production run. See my weekly update for the wafer delivery dates. |
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kslaughter (OP)
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February 13, 2014, 09:31:01 PM |
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Hello, is it likely we will be trading before the chips arrive in April?
I won't have an answer to that question until I meet with my securities lawyer. |
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sparky999
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February 13, 2014, 09:40:52 PM |
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We are working with our vendors to use any of the funds we may have paid them on our new 28nm project, our vendors seem to want to work with us and meet our other vendors prices. The project manager has been meeting with them last week and will be meeting with them again this week to get a quote. We want to get started on the 28nm ASAP.
I don't have any documentation on the tapeout. This was for the shuttle run and prototypes which we have canceled and have now changed to the production run. See my weekly update for the wafer delivery dates.
How can you have no documentation of tapeout? What about proof of IP? Proof of order with UMC? |
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sparky999
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February 13, 2014, 09:50:11 PM |
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Ken, any updates on Intellihash? Will this be ready to go when we receive our chips in April?
I am hoping to work on it more between now and April. I have been busy on the 55nm deal. @Ken so what happens when the chips don't work with intelli-hash like supposedly happened with the eAsic chips last year? Will there be more delays whilst you get them re-done? What happened to those eAsic chips that had to be have their software changed to work with intelli-hash by the way? |
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minerpart
Sr. Member
Offline
Activity: 280
Merit: 250
IIIIII====II====IIIIII
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February 13, 2014, 09:56:13 PM |
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So VE by launching this complaint with the MO SEC may have set back trading for another month, or two. Doesn't bother me as I'm in this for the divs. If you wanted to trade Asap well don't forget to thank VE for his fine efforts. lol such a nice guy.
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JoTheKhan
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February 13, 2014, 10:07:04 PM |
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So VE by launching this complaint with the MO SEC may have set back trading for another month, or two. Doesn't bother me as I'm in this for the divs. If you wanted to trade Asap well don't forget to thank VE for his fine efforts. lol such a nice guy.
He did the rational thing. Are you actually upset with him for this? |
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