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Topic: [Active Mining] The UNofficial Active Mining Discussion Thread [UNmoderated] (Read 76090 times)

legendary
Activity: 1456
Merit: 1010
Ad maiora!
Looks like Kenny has been busy in the garden...https://www.youtube.com/watch?v=xuQMv1IsKuE

I would really love to be at the hearing Dec 1st, but that is impossible for me. Is anyone from this forum planning to go? Some first hand reporting would be great.
legendary
Activity: 826
Merit: 1004
Not sure about zumzero being a sock puppet account, however that Mac65 guy most certainly is a sock puppet of some type. If not I wonder who he is? He knew Ken for sure.

Regarding AMC: Hello everyone, I finally got my wings to post. I'd like to repost what I put in the newbie forum about AMC.

I'm a long time computer professional...Hardware, Software, etc. I have a Business friend/acquaintance who recently made and offering on BitFunder and I would like to contribute to the discussion. I personally have known the proprietor of AMC for over 30 years and can testify that he is serious about his business, has operated many businesses, some very successful. He has sent me info relating to his plans to build the mining machines, including diagrams. How many people would be as open as he has been about themselves if they were not serious! Some people have questioned his authenticity because of his grand plans. That is the way he always goes about things. He thinks bigger than most people. To me that is the mark of someone who has the ability to accomplish big things. What ever the human mind can conceive of and believe, it can achieve...(Quote from Conrad Hill, Think and Grow Rich)

I received a very similar sounding PM from around that same time if I remember correctly. It was from LorenzoMoney.
hero member
Activity: 729
Merit: 500
http://www.woodlaw.com/cases/virtual-mining-corporation-and-active-mining-corporation


Maybe you all should read this lol

EDIT I have 0 to do with this one, I just seen it due to my BFL case.

That's just an investigation...  "lol"  it's not a lawsuit.  They haven't decided if they are going to actually take him to court.  Since the SEC is involved, it's unlikely they will, since Ken is forced to pay back shareholders, there is nothing for Woodlaw to gain by taking him to court, unless they somehow find out Ken is a multimillionaire.  Not likely.  He'll be broke by the end of this.
sr. member
Activity: 448
Merit: 250
http://www.woodlaw.com/cases/virtual-mining-corporation-and-active-mining-corporation


Maybe you all should read this lol

EDIT I have 0 to do with this one, I just seen it due to my BFL case.
hero member
Activity: 729
Merit: 500
This company has class action against it just like BFL? Sorry for grave digging blame search button lol

It does not.  There is a Missouri SEC investigation which "may" force Ken Slaughter to refund share holders because he sold unregistered securities.  He may also be forced to refund people who ordered VMC devices.  At this point, we're just waiting around for information from the investigation from the court's side of things.  It's moving very slow.  There's been a continuance until early December to conduct an initial hearing.  It'll likely play out over a long period of time.
sr. member
Activity: 448
Merit: 250
This company has class action against it just like BFL? Sorry for grave digging blame search button lol
hero member
Activity: 729
Merit: 500
That is kind of the confusing bit of the MSD order.  They ordered the officers not to conduct shares business.  Other members of the company (Such as the lawyer, or the unknown project manager) could talk to us in the forum, as they are not barred from doing so.  But because the company is basically Ken, and they have barred him from doing shares business, he can't talk about it.

I think he will talk again, when they come to terms with the MSD.  I know if it was me, and I was looking at potential jail time for breaking the order of a cease and desist, that I wouldn't say anything.

I agree with your other points about being a scammer.  It plays into his favor, but it's not like if the guy were to come out and say anything that it would be meaningful anyway.  He doesn't have a track record of providing any sort of useful information and if he did say anything, it'd be countering someone's argument over whether he wears a headpiece or not.  Completely ignoring anyone's requests for constructive information.
legendary
Activity: 1176
Merit: 1015
It's official, zumzero has to be family or affiliated with Ken in some fashion.  He is either his internet lover, a family member, employed by Ken, or active in Ken's scam and is making money off the whole ordeal.
...

Two socks of the same drawer? I wonder...

Mac65 (Last post: April 26, 2013):
https://bitcointalksearch.org/user/mac65-88943

Zumzero (First post: July 27, 2013):
https://bitcointalksearch.org/user/zumzero-140810

Not sure about zumzero being a sock puppet account, however that Mac65 guy most certainly is a sock puppet of some type. If not I wonder who he is? He knew Ken for sure.

Regarding AMC: Hello everyone, I finally got my wings to post. I'd like to repost what I put in the newbie forum about AMC.

I'm a long time computer professional...Hardware, Software, etc. I have a Business friend/acquaintance who recently made and offering on BitFunder and I would like to contribute to the discussion. I personally have known the proprietor of AMC for over 30 years and can testify that he is serious about his business, has operated many businesses, some very successful. He has sent me info relating to his plans to build the mining machines, including diagrams. How many people would be as open as he has been about themselves if they were not serious! Some people have questioned his authenticity because of his grand plans. That is the way he always goes about things. He thinks bigger than most people. To me that is the mark of someone who has the ability to accomplish big things. What ever the human mind can conceive of and believe, it can achieve...(Quote from Conrad Hill, Think and Grow Rich)
newbie
Activity: 42
Merit: 0
He won't liquidate the company so long as it protects him from prosecution or civil suits.

the letter clearly states that Ken should not involve himself with the shareholders at all.  Until that ends, or the MSD gives him further instructions of what he can do

The company gives him no more protection be it trading or liquidated. As CEO he may have no personal liability for company losses. As a scammer he has full personal liability for all losses.

He is silent now because that is his final move of this scam. He has actually been instructed by the MSD to inform and comply with shareholders contacts and requests for reimbursement - the MSD state that shareholders should contact the company via the forum. So he is not under any order to remain silent.
full member
Activity: 240
Merit: 101
It's official, zumzero has to be family or affiliated with Ken in some fashion.  He is either his internet lover, a family member, employed by Ken, or active in Ken's scam and is making money off the whole ordeal.
...

Two socks of the same drawer? I wonder...

Mac65 (Last post: April 26, 2013):
https://bitcointalksearch.org/user/mac65-88943

Zumzero (First post: July 27, 2013):
https://bitcointalksearch.org/user/zumzero-140810
hero member
Activity: 729
Merit: 500
He won't liquidate the company so long as it protects him from prosecution or civil suits.  It would also require him to do something, which he isn't fond of doing.

My guess is, his lawyer told him to not say anything else until the MSD have come to terms with their negotiation, because there is a cease and desist and regardless of what the armchair lawyers are saying, the letter clearly states that Ken should not involve himself with the shareholders at all.  Until that ends, or the MSD gives him further instructions of what he can do, I don't suspect we'll hear from him again until then.  And it's also very possible his lawyer is the one who does the talking later on.
newbie
Activity: 42
Merit: 0
If Ken has now disappeared I guess that means he is in the process of liquidating the company? I tried to find out if he would need to make a notification about that to Missouri State but he's registered this company in Belize (unlike his previous company's).

So will he need to notify the Companies register in Belize?
newbie
Activity: 42
Merit: 0
Please zum, please support any of the faeces throwing you have done with evidence so that it can be treated as fact.  This friggin guy is so pretentious and smug in his assertions as if you SHOULD take them as fact and he doesn't require any supporting backup.  However, you lowly fuckers require backup to your facts because they do not align with his dreamworld, and you must present them because he says so.  If you do not, you are just a troll.

Yep and you get deleted. He's scum and he's pissing over everyone who's been ripped off here.

As you say he has NOTHING factual to base his 'Buy more shares we are heading to the Moon' shit. His lover-man Ken has fucked-off never to be seen again - but Zum will still be here in 2 months saying 'Just give it 2 more months  Wink'. Sickening.

He could well be getting paid by Ken, or got free cards off him. Or he's lost everything, but unlike DTS who has also lost everything, zumzero has no dignity or morality or conscience left. For his backing of Ken and attempts to get even more people ripped off here he should be punished. At the very least he's pumping this dead stock to sell his holdings to newbies/dreamers. Which is just as scammy as what Ken is doing.


member
Activity: 252
Merit: 10
It's official, zumzero has to be family or affiliated with Ken in some fashion.  He is either his internet lover, a family member, employed by Ken, or active in Ken's scam and is making money off the whole ordeal.

This is getting out of hand.  Just because people say it's over doesn't make them the authority.  I respect Bargraphics and and what he has to say, but he is wrong about saying the company is finished.  If this MSD issue hadn't come to light when it did, we would all be waiting patiently for news of a major breakthrough. At least the more level headed of us would. Any talk of Ken going into hiding is pure fantasy and what is far closer to the actual truth is that he's keeping his cards close to his chest which is what he does.  Two things have happened recently, the HF deal and the MSD announcement.  Ken silence is due to the HF deal and the doom & gloom brigade think it's because of the MSD announcement.  Sit back and wait for news, it will come soon enough and when it does there will be panic buying given the current prices.  I would be buying right now if I had the cash.   Smiley
There's no HashFast deal

HashFast is filing for chapter 11

All creditors will probably receive bare chips(Ken is not a creditor and if somehow he is, he's at the ass end of that list)

Creditors need boards made and I recommended to a few major ones that Ken and MrTeal could make boards. After this MSD release I have personally went to them and recanted my suggestion to use Ken. They may still use him though, who knows. Not that it matters because he won't have funds to produce anything after the Shareholder refunds.

Dick move.


No surprise there!
I don't know why so many people trust him?

Obviously on this forum the more miners you have, the more you're trusted!

Sounds like you are upset I didn't lie about Ken's issues to people that want to use him. Odd.

Seems to me the same few people are still praying for miracles while the majority of the largest shareholders are saying that this is over. It's not that non large shareholders opinions are invalid, it's just that when the MSD refund comes around you will simply be bag holders after the majority of the shares are asked to be refunded and ActiveMining has no money left

I hope you didn't use this thread as a way of determining what the majority of the largest shareholders opinions are.  Please tell me you can support what you are saying with evidence.

If you really must read the tea leaves, allow me to do the same;  less than 2% of shareholders will contact the MSD and give them their details when they realise that the refunds will be for such a low amount.

Please zum, please support any of the feces throwing you have done with evidence so that it can be treated as fact.  This friggin guy is so pretentious and smug in his assertions as if you SHOULD take them as fact and he doesn't require any supporting backup.  However, you lowly fuckers require backup to your facts because they do not align with his dreamworld, and you must present them because he says so.  If you do not, you are just a troll.  This is just one example of how this loser rolls.

I have never butted heads with a bigger group of morons in my life than these KenScam supporters.  Zum and his ilk deserve a scammer tag, someone start that thread.  Holy fuck these guys are astounding.
legendary
Activity: 1526
Merit: 1000
A reply of yours, quoted below, was deleted by the starter of a self-moderated topic. There are no rules of self-moderation, so this deletion cannot be appealed. Do not continue posting in this topic if the topic-starter has requested that you leave.

You can create a new topic if you are unsatisfied with this one. If the topic-starter is scamming, post about it in Scam Accusations.

Quote
Quote from: zumzero on June 04, 2014, 04:20:11 PM
(Not sure why I got deleted but there you go.)

Am I the only one that is seeing the same repeating patterns in this thread?

Lol, we are currently exiting the mass hysteria phase and seeing that give way to the next phase. It's around now that people start calming down and listening to the voices of reason.  Before you know it we discover Ken & Co have had a breakthrough and suddenly we're sitting pretty again.  Guys, this is far from over and there's plenty of time left for ActM to succeed.

As I suggested yesterday, the boil has been growing under the surface for some time.  A couple of days ago it reared it's ugly head and all we need to do is lance it.

This recent development IS actually good news and I'll hear nothing against that.  Smiley

If there are repeating patterns there must be several breakthroughs that have really left you guys in a great position, please list some.


Deleting this post shows that my hyperbole on this thread from a few months ago has finally come through. the moderated thread is run by people holding the bag and trying to pump things up to get out with something. If that was false, zumzero could have listed some of the numerous breakthroughs that he mentioned instead of deleting the post.

And I'll repeat my other deleted post from yesterday, if people on that thread keep posting hare brained/rose colored/nonsense opinions I'm going to shoot them down so they can't suck anyone else into hurricane VMC.
hero member
Activity: 729
Merit: 500
Hello !

Has Ken / VMC actually delivered any working boards ? Prospectus or other hardware ?

-Technologov

There were some yes, there are posts in the main AMC thread from people who did eventually get them and had them hashing. 
legendary
Activity: 1397
Merit: 1019
Lol, just stop.  You bought some crack from a skeezy finance crack dealer, got burned, and now you run to the cops.  This is exactly the sort of embarrassment Bitcoin doesn't need, exactly the thing I try to prevent by asking you to stop sending coin to every scammer who promises you the world and a ring on your finger.

Really, stop.
Stop embarrassing yourself and Bitcoin by association.  Pool's closed.  Everybody go home.

Can't see why you are bothered. We are going to go ahead. Thanks for the advice but again I don't see why you would bother trying to put us off.

There is nothing embarrassing to Bitcoin here it's will be good for Bitcoin if people are warned about these scams. What would be bad is more and more and more of these scams being allowed to happen until one day the Press realise Bitcoin is infested with criminals. We should be cutting this cancer out of Bitcoin startups everywhere it occurs.


The best way to "cutting this cancer out of Bitcoin startups everywhere it occurs" is by NOT GIVING THEM YOUR COINS. People, please, just stop giving coins to strangers!!!
newbie
Activity: 42
Merit: 0
but actually pay for a lawyer and litigate?  Dollars to donuts says nah.

No upfront fees are required with firms like Wood Law for class-action suits. They take a cut of the court ordered compensation so this will cost us nothing but a bit of time.


edit----

Lorenzo has made some progress with the MSD. We should give them time to get back with more details about the reimbursement amount before proceeding with the courts. See main thread and get in touch by phone or email with the MSD.
sr. member
Activity: 378
Merit: 254
Lol, just stop.  You bought some crack from a skeezy finance crack dealer, got burned, and now you run to the cops.  This is exactly the sort of embarrassment Bitcoin doesn't need, exactly the thing I try to prevent by asking you to stop sending coin to every scammer who promises you the world and a ring on your finger.

Really, stop.
Stop embarrassing yourself and Bitcoin by association.  Pool's closed.  Everybody go home.

Can't see why you are bothered. We are going to go ahead. Thanks for the advice but again I don't see why you would bother trying to put us off.

There is nothing embarrassing to Bitcoin here it's will be good for Bitcoin if people are warned about these scams. What would be bad is more and more and more of these scams being allowed to happen until one day the Press realise Bitcoin is infested with criminals. We should be cutting this cancer out of Bitcoin startups everywhere it occurs.

It's like this, Stuartuk:
You'll rage, plan, sperge, but actually pay for a lawyer and litigate?  Dollars to donuts says nah.

And yes, you are a huge embarrassment to Bitcoin.  These preposterously obvious scams is what the media picks up on.  You are the conned goofball who gets associated with our new revolutionary money, the one that Joe Sixpack points fingers and laughs at.

@Technologov:  Yes he has.  They are HashFast boards.  Please read related threads before ordering.
full member
Activity: 203
Merit: 100
Hello !

Has Ken / VMC actually delivered any working boards ? Prospectus or other hardware ?

-Technologov
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