I think it was ok to buy the ASIC using our dividends as long the ASIC is for Us, without ASIC this bond will be unprofitable in the future.
Just my 2 cents
No way, if it was not stated in the contract that he would not pay dividends to pay the ASICs.
If he wants to do this, he could do it with whom wants to go along with it, and keep following the original contract with the others.
Anyway it seems that he's just run away with the coins.
Anyone who volunteers to open a scam accusation thread? (I already opened several ones for Gigamining, YABMC and FPGAMINING)