flamingleg
Newbie
Activity: 14
Merit: 0
|
 |
May 30, 2014, 12:37:38 PM |
|
EDIT: I'm loving the BRK comparison and think that would be a perfect model for FC and AM. Just give us a no-frills website, an annual letter to shareholders, and quarterly reports, and watch as the goodwill and power come rolling in.
This is an excellent idea. Regular financial reports pushed onto some basic website would do wonders for decluttering this thread, and would also help provide some stability and fairer price discovery. Friedcat would be free to update more often without worrying about shifting the price one way or another, and it would go a long way towards legitimizing this firm in the eyes of traditional investors. |
|
|
|
|
|
necro_nemesis
|
|
May 30, 2014, 12:56:35 PM |
|
Regardless of people saying be patient for returns, transparency issues will continue to cause share prices to suffer. People are simply far less willing to speculate on the future when the future lacks clarity resulting from a profound absense of information which can be readily addressed.
|
|
|
|
|
|
|
|
arousedrhino
|
|
May 30, 2014, 01:49:26 PM |
|
EDIT: I'm loving the BRK comparison and think that would be a perfect model for FC and AM. Just give us a no-frills website, an annual letter to shareholders, and quarterly reports, and watch as the goodwill and power come rolling in.
This is an excellent idea. Regular financial reports pushed onto some basic website would do wonders for decluttering this thread, and would also help provide some stability and fairer price discovery. Friedcat would be free to update more often without worrying about shifting the price one way or another, and it would go a long way towards legitimizing this firm in the eyes of traditional investors. I really don't think FC cares about how the share price moves when he makes posts and releases the financial reports. I do like the idea of a website he could update but it would probably work out better if a boardmember / people in this thread worked together to make the website and then we requested that FC post his updates there and in btctalk so that its easily visible. We could even add an rss feed to the website so you would get updates. |
|
|
|
|
|
arousedrhino
|
|
May 30, 2014, 01:53:40 PM |
|
Thank you for sharing this valuable information. |
|
|
|
|
|
willBTC
|
|
May 30, 2014, 03:08:39 PM |
|
As I know, bitell.com will make an interview with Friedcat, do you guys have the questions ? we'd better gather the questions, and I wil forward the questions to bitell.com.  |
▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
ASICMINERTUBE The Best $/Gh Bitcoin Miner So Far Discover now!
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
|
|
|
|
bitcoin.newsfeed
|
|
May 30, 2014, 03:45:41 PM |
|
As I know, bitell.com will make an interview with Friedcat, do you guys have the questions ? we'd better gather the questions, and I wil forward the questions to bitell.com. Yes we have. where are dividends? where is financial report? where are money from chips sales? where is mining income? why you have not responded marto about chips? why immersion cooling facility is not working? why you are ignoring investors? |
... Question Everything, Believe Nothing ...
|
|
|
Chris_Sabian
Legendary
Activity: 896
Merit: 1001
|
|
May 30, 2014, 03:48:47 PM |
|
As I know, bitell.com will make an interview with Friedcat, do you guys have the questions ? we'd better gather the questions, and I wil forward the questions to bitell.com. Yes we have. where are dividends? where is financial report? where are money from chips sales? where is mining income? why you have not responded marto about chips? why immersion cooling facility is not working? why you are ignoring investors? Also, what is the timeline for generation 4? |
|
|
|
|
|
|
Blazed
Casascius Addict
Legendary
Activity: 2128
Merit: 1119
|
|
May 30, 2014, 03:51:19 PM |
|
here we go!
|
|
|
|
|
|
KarmaShark
|
|
May 30, 2014, 03:54:07 PM |
|
CHING CHINGGGGGGGGG! (I simply could not resist). |
|
|
|
|
chriswilmer
Legendary
Activity: 1008
Merit: 1000
|
|
May 30, 2014, 03:55:06 PM |
|
I guess you would have mentioned it if you knew... but, any estimate on when the next dividend payments would be? |
|
|
|
|
|
bitfair
|
|
May 30, 2014, 04:00:54 PM |
|
I guess you would have mentioned it if you knew... but, any estimate on when the next dividend payments would be? Looking at the balance sheet, I wouldn't expect dividends any time soon: the company assets are in inventory/materials, not in cash. However, it means that AM has planned a whop-ass expansion! |
|
|
|
|
|
drasted
|
|
May 30, 2014, 04:01:34 PM |
|
I guess you would have mentioned it if you knew... but, any estimate on when the next dividend payments would be? unless i'm misunderstanding, probably not until we become cashflow positive. Net Income ฿-3,238.42 $90,526.90 ￥-2,157,635.91
Net Income per Share ฿-0.0081 $0.23 ￥-5.39
|
|
|
|
|
|
robix
|
|
May 30, 2014, 04:04:35 PM |
|
Anyone knows what the Exchange position in cashflow sheet is?
Edit:
OK, I just noticed the 4K BTC Exchange in Expenses seems to be the 2M USD in Income.
|
|
|
|
|
|
|
|
bitfair
|
|
May 30, 2014, 04:08:04 PM |
|
Anyone knows what the Exchange position in cashflow sheet is?
Looks like they sold BTC in order to pay the fab or cover other expenses: BTC is on the expense "exchange" side, USD is on the income "exchange" side... |
|
|
|
|
silverfuture
Legendary
Activity: 947
Merit: 1008
central banking = outdated protocol
|
|
May 30, 2014, 04:08:17 PM |
|
Sounds like cash conversion to BTC is very difficult at best in that environment. Asicminer needs to provide incentive for customers to pay in BTC.
|
|
|
|
|
BitHub
|
|
May 30, 2014, 04:08:33 PM |
|
this looks like terrible news
|
|
|
|
|
cs54
Member
Activity: 62
Merit: 10
|
|
May 30, 2014, 04:13:40 PM |
|
AM could also buy (or build) miners with fiat, and effectively convert fiat to BTC through mining.
|
|
|
|
|
|
