Next round of shareholders questions July 2014 - gatheringDear shareholders,
we've gathered 8 questions so far, still 6days until forwarding them to Friedcat. If you want to add something, don't hesitate to write it here, or in PM. Closing time for this round of questions is 1st of July 2014 12:00 UTC +01:00
1) Could you please provide an estimate on when the first dividend can be expected now? What is the estimated time of ASICminer to become cash-flow positive ?
2) What is the exact status of self-mining and franchising ?
3) How many PH/s of gen 3 have already been sold/shipped by now ?
4) Has the "60 PH/s batch" progressed any further? When is it supposed to be completely done? How much has already been sold ?
5) Given the ratio of 1/3 retained and 2/3 paid out of the revenue, is this after deducting costs for upcoming batches/expenses or are those part of the 1/3 of retained capital ?
6) AM sells chips to multiple mining companies including Rockminer, Datatank, Bitgarden, is it possible to get some clarity on the relationships AM has with different groups possibly not including the above ?
7) Could you give us a very rough estimate on when gen 4 can be expected. e.g. is tape-out still expected this year? Q1/2/3/4 next year?
8 ) Personal question from shareholder freedomno1 : Hi friedcat I have been receiving several requests for replacement baseboards/ power boards and parts for the block erupter cube and was wondering if their is a repair service or parts store available that I can relay to those individuals to contact with if something breaks.
Try not to have two or more questions baked into one. This practice begs for misunderstanding and/or incomplete/unsatisfactory answers. If we want clear answers we need to be very clear with our questions. I suggest we separate them into distinct lines so that each one must be answered in a standalone fashion:
1) Could you please provide an estimate on:
- When the next dividend can be expected ?
- When ASICminer will become cash-flow positive ?
2) Regarding self-mining and franchising:
- What is the current status of self mining and franchising ?
- What partners will be working with ASICminer ?
- What do the respective partnership agreements entail ?
- How many PH (including percentages from franchising) will -directly- contribute to ASICminer mining income ?
3) How many PH's of Gen 3 have already been sold/shipped by now ?
4) Regarding the "60 PH/s batch":
- Has this progressed any further ? (duh, of course it has, it's been a month. what, exactly, is it that we want to find out about this?)
- When is it supposed to be completely done ? (what are we really asking here? when is manufacturing due to be complete? or when will it be completely sold/deployed?)
- How much of it has already been sold ?
5) Given the ratio of 1/3 retained and 2/3 paid out of the revenue, is this after deducting costs for upcoming batches/expenses or are those part of the 1/3 of retained capital ?
6) AM sells chips to multiple mining companies including Rockminer, Datatank, Bitgarden, is it possible to get some clarity on the relationships AM has with different groups not including the ones above ?
7) Regarding Gen 4, can you give us rough (plus/minus a month or two) estimates on:
- When tape-out is expected ?
- When production is expected ?
- When the first chips will be in hand ?
8 ) Personal question from shareholder freedomno1 : Hi friedcat I have been receiving several requests for replacement baseboards/ power boards and parts for the block erupter cube and was wondering if their is a repair service or parts store available that I can relay to those individuals to contact with if something breaks.
Also, I would like to note that a lot of these questions are extremely business-sensitive, and if I was in FC's shoes I would definitely not answer them in a public forum.
