Is the askken account doing the questions again for this week?
Questions are over.
Topic: [ActiveMining] Official Shareholder Discussion Thread [Moderated] - page 100. (Read 630083 times)
May 26, 2014, 11:09:06 PM
Questions are over.
May 26, 2014, 11:07:00 PM
Is the askken account doing the questions again for this week?
May 26, 2014, 10:17:38 PM
Good to see that legal proceedings are beginning to get underway. Thanks for all the PMs of info & support.
Fuck you, Ken.
We're coming.
Fuck you, Ken.
We're coming.
Are you owed a refund?
I don't know whether he wants a refund, but I definitely want.
May 26, 2014, 09:01:38 PM
Good to see that legal proceedings are beginning to get underway. Thanks for all the PMs of info & support.
Fuck you, Ken.
We're coming.
Fuck you, Ken.
We're coming.
Are you owed a refund?
May 26, 2014, 06:54:10 PM
Good to see that legal proceedings are beginning to get underway. Thanks for all the PMs of info & support.
Fuck you, Ken.
We're coming.
Fuck you, Ken.
We're coming.
May 26, 2014, 06:52:31 PM
it's not looking good i'm afraid 
May 26, 2014, 06:03:06 PM
delete away oh hallowed moderator... no matter what good you think you're doing, your diligent work is as truly a wasted cause as the efforts of the infamous banned trolls…
this show is well over.
this show is well over.
May 26, 2014, 12:37:42 PM
Ok, so I've been kind of lurking, I see mention that verification of shares is happening? An email needs to get sent for that to happen? I already have an active account at CT with the same registered email address.
May 26, 2014, 07:04:53 AM
http://eligius.st/~wizkid057/newstats/userstats.php/1DJpsvnM7xTnQbWEhLYyCyfxQyxwupEzCa
the story i see:
170TH was originally promised by the end of may
that was changed to 130-150TH after fixing the 3rd AC on May 13th, at which time there was 70TH
the DC still has yet to break 100TH, and if anything has gone from running ~95TH for a few days back down to ~88TH.
this is not growing as expected, and a detailed update with photos would be nice. Its too easy to assume that a malignant DC operator could 'suffer outtages and/or hashrate loss' when in fact diverting hashrate to private pools temporarily.
a 99% uptime should be expected, and if not, explained
the story i see:
170TH was originally promised by the end of may
that was changed to 130-150TH after fixing the 3rd AC on May 13th, at which time there was 70TH
the DC still has yet to break 100TH, and if anything has gone from running ~95TH for a few days back down to ~88TH.
this is not growing as expected, and a detailed update with photos would be nice. Its too easy to assume that a malignant DC operator could 'suffer outtages and/or hashrate loss' when in fact diverting hashrate to private pools temporarily.
a 99% uptime should be expected, and if not, explained
May 25, 2014, 07:48:22 PM
At our DC working on increasing the hashrate on our Prospector and Gold Rush boards. Sorry, for missing the update as I was traveling and did not have time to do it. This customer might be us.
So are you planning on getting the update out soon?
May 25, 2014, 03:31:55 PM
Brilliant. The judge just asked how he would go about buying a quantity of chips and the HF dude said you wouldn't go to Amazon or Walmart. Then the judge pipes up that he's sure he could get an Amazon or Walmart drone to deliver for a better price tomorrow. When they all started laughing he said to the female lawyer who was on conference call, "If you're gonna laugh at the judges jokes you may as well say who you are."
This bodes well.
Edit; the judge rules and doesn't deny the Liquidbits motion and wants to resume on Wednesday at 0930. He also granted the continuation of an in progress transaction for chip sales. Some lucky customer get's to see their order fulfilled. Who are they and how many chips are involved???
This bodes well.
Edit; the judge rules and doesn't deny the Liquidbits motion and wants to resume on Wednesday at 0930. He also granted the continuation of an in progress transaction for chip sales. Some lucky customer get's to see their order fulfilled. Who are they and how many chips are involved???
At our DC working on increasing the hashrate on our Prospector and Gold Rush boards. Sorry, for missing the update as I was traveling and did not have time to do it. This customer might be us. We also have alternate supplies of chips. We also believe that we may be the only manufacture in a position to build boards with the alternate supply (Hashfast customers who have chips in hand, i.e Liquidbits) of chips. I will be doing the final transfer of shares to CT just as soon as I can get set up.
May 25, 2014, 02:50:25 PM
Where is my refund?
Order Reference JWXKFWTOW
2014-02-10 08:13:40 Refund
2013-12-02 16:38:23 Payment accepted
2013-11-21 22:32:12 Awaiting bank wire payment
2013-11-21 22:32:12 Pre-Ordered
Order Reference JWXKFWTOW
2014-02-10 08:13:40 Refund
2013-12-02 16:38:23 Payment accepted
2013-11-21 22:32:12 Awaiting bank wire payment
2013-11-21 22:32:12 Pre-Ordered
if it smells like a troll...
Idk, his post history seems genuine. You did look at it, right?
Conversely, "if it smells like share pumping..."
Whats yor definition of a troll? A person that tries to get his money back?
Hi Daniel,
The newbie status and limited activity of your account is a red flag to ActM shareholders and ping's their trolldar. Trolls continue to plague this thread and numerous posts get deleted every day. As soon as a troll account gets banned by the Bitcointalk.org mods the trolls simply create a new account and continue with their antics.
Hopefully Ken sorts out your issue as a priority the moment he has spare time. If we are to believe what we read here, it would seem Ken is away on important business so the best thing is to send 'kslaughter' another pm. Ken might even read these posts and prioritise your case because the last thing he needs is unhappy customers who are prepared to take him to court.
I created my account in December. That was when I did my order for one 768TH/s platinum, since then I have asked some question on when the product will arrive. After that I have been waiting for the product and since February (3,5months) I have been waiting for my refund.
I have contacted Woodlaw (http://www.woodlaw.com/cases/virtual-mining-corporation-and-active-mining-corporation) in this matter since there are no communication from VMC.
http://dabr.se/VMC.PNG
May 25, 2014, 02:31:46 PM
Brilliant. The judge just asked how he would go about buying a quantity of chips and the HF dude said you wouldn't go to Amazon or Walmart. Then the judge pipes up that he's sure he could get an Amazon or Walmart drone to deliver for a better price tomorrow. When they all started laughing he said to the female lawyer who was on conference call, "If you're gonna laugh at the judges jokes you may as well say who you are."
This bodes well.
Edit; the judge rules and doesn't deny the Liquidbits motion and wants to resume on Wednesday at 0930. He also granted the continuation of an in progress transaction for chip sales. Some lucky customer get's to see their order fulfilled. Who are they and how many chips are involved???
This bodes well.
Edit; the judge rules and doesn't deny the Liquidbits motion and wants to resume on Wednesday at 0930. He also granted the continuation of an in progress transaction for chip sales. Some lucky customer get's to see their order fulfilled. Who are they and how many chips are involved???
At our DC working on increasing the hashrate on our Prospector and Gold Rush boards. Sorry, for missing the update as I was traveling and did not have time to do it. This customer might be us. We also have alternate supplies of chips. We also believe that we may be the only manufacture in a position to build boards with the alternate supply (Hashfast customers who have chips in hand, i.e Liquidbits) of chips. I will be doing the final transfer of shares to CT just as soon as I can get set up.
good job Ken!!!!!!!!!!!!!!
May 25, 2014, 01:26:37 PM
I doubt ken has any interest in "honesty" I am more curious about when legal procedures will begin and how I can get my name involved. Ken stole about 40BTC from me.
May 25, 2014, 01:19:51 PM
Brilliant. The judge just asked how he would go about buying a quantity of chips and the HF dude said you wouldn't go to Amazon or Walmart. Then the judge pipes up that he's sure he could get an Amazon or Walmart drone to deliver for a better price tomorrow. When they all started laughing he said to the female lawyer who was on conference call, "If you're gonna laugh at the judges jokes you may as well say who you are."
This bodes well.
Edit; the judge rules and doesn't deny the Liquidbits motion and wants to resume on Wednesday at 0930. He also granted the continuation of an in progress transaction for chip sales. Some lucky customer get's to see their order fulfilled. Who are they and how many chips are involved???
This bodes well.
Edit; the judge rules and doesn't deny the Liquidbits motion and wants to resume on Wednesday at 0930. He also granted the continuation of an in progress transaction for chip sales. Some lucky customer get's to see their order fulfilled. Who are they and how many chips are involved???
At our DC working on increasing the hashrate on our Prospector and Gold Rush boards. Sorry, for missing the update as I was traveling and did not have time to do it. This customer might be us. We also have alternate supplies of chips. We also believe that we may be the only manufacture in a position to build boards with the alternate supply (Hashfast customers who have chips in hand, i.e Liquidbits) of chips. I will be doing the final transfer of shares to CT just as soon as I can get set up.
How's the long term looking? Are we still in place to make our own ASIC? Please be honest.
May 25, 2014, 12:50:41 PM
Brilliant. The judge just asked how he would go about buying a quantity of chips and the HF dude said you wouldn't go to Amazon or Walmart. Then the judge pipes up that he's sure he could get an Amazon or Walmart drone to deliver for a better price tomorrow. When they all started laughing he said to the female lawyer who was on conference call, "If you're gonna laugh at the judges jokes you may as well say who you are."
This bodes well.
Edit; the judge rules and doesn't deny the Liquidbits motion and wants to resume on Wednesday at 0930. He also granted the continuation of an in progress transaction for chip sales. Some lucky customer get's to see their order fulfilled. Who are they and how many chips are involved???
This bodes well.
Edit; the judge rules and doesn't deny the Liquidbits motion and wants to resume on Wednesday at 0930. He also granted the continuation of an in progress transaction for chip sales. Some lucky customer get's to see their order fulfilled. Who are they and how many chips are involved???
At our DC working on increasing the hashrate on our Prospector and Gold Rush boards. Sorry, for missing the update as I was traveling and did not have time to do it. This customer might be us. We also have alternate supplies of chips. We also believe that we may be the only manufacture in a position to build boards with the alternate supply (Hashfast customers who have chips in hand, i.e Liquidbits) of chips. I will be doing the final transfer of shares to CT just as soon as I can get set up.
May 25, 2014, 07:45:18 AM
how do I get my divs on cryptostocks? will I get them? and if so when?
And Also if this company can really make 2.5 million dollars from hash fast how much from that is dive per share?
And also, its10 days since Kenneth said he was going to concentrate on 'explosive sales' but the website is still unchanged.
And Also if this company can really make 2.5 million dollars from hash fast how much from that is dive per share?
And also, its10 days since Kenneth said he was going to concentrate on 'explosive sales' but the website is still unchanged.
May 25, 2014, 04:53:43 AM
hello
did ken verify shares? i send email on 20th may.
did ken verify shares? i send email on 20th may.
May 25, 2014, 03:58:04 AM
Can Ken please say something, this feels like a creativex moment.
May 25, 2014, 03:56:49 AM
He didn't this is just all wild speculation.
SECTION 1 - THIS WEEK'S QUESTIONS
Here are the shareholder's questions with the most frequently asked at the top of the list. Some questions are copy & pastes, others may have been edited by ASKen.
A. Financials and related
(i) Do we expect to, or have we already received money from eASIC for a partial refund? If so please provide figures. If not could you give a quick run down on what happened.
The project manager managed to get a partial refund, when the PO said Non-Refundable, Non-Cancelable
(ii) When can we expect a financial report?
Which do you want Sales or Report, working on getting us a CPA and getting the taxes done. Can't keep Customer Service Reps due to all the threats and bad language.
(iii) How many Gold Rush & Prospector cards do you have in hand?
We have enough Gold Rush to fulfill our current orders. We have a production line up and running and tooled with parts. The project manager has set it up to do a 5,000 board run.
This is hard to do as we are always working on lowering our production cost, early boards are higher and later boards are lower.
That is to be determined from our current mining revenue and current sales, we have a number of sales in the works.
Here is what we are sending to customers:
We are making progress with our mining operation and our sales. We going to use the funds from these to pay refunds as we lost a lot of Pre-Order bitcoins on MtGox. We expect to refund 100% of our customers.
Regards,
Ken
Customer service
~157,000 shares
No, it has not be a high priority, getting our mining farm has been the highest priority. We are now bring the website up to high priority.
We are working on getting our own chip, this is high priority.
Can't say at this point, lot of thing are happening.
We expect in this datacenter to be at 120TH-150TH, which we think will be the max due to the AC required.
Not at this time, we are working on sales. We have a good solid income from the mining farm, now we what to get the fast income from sales.
We have learned from a current datacenter the requirements, time, and cost required to put a datacenter together. We are now going to focus on sales which gives us some explosive income potential.
We know all about HASHFAST, we have a number of plans in the works, some of which could generate up to 2.5 Million in profits
Without the People's ASIC team, there is noway we could be where we are today.
Yes, Google Adwords
The plan is the same, mine and sale
Like, I have said in the past, we have used the same CM to build the boards, we paid the CM, we supplied the parts, we used HF supplied design to build the boards. We currently have 200 Gold Rush PCB's in stock, another 400 in production, that we have built with a different CM waiting to be assembled. We have a CM line tooled with parts to do a 5,000 board run as soon as the market demand dictates that we make the run. We are working with customers that have HF chips in had to use their chips to assemble boards for them.
We believe that we are in a great position with the previous production to make a profit in the near future. Should we see that the business does not have a chance to be profitable, then yes we would liquidate.
SECTION 1 - THIS WEEK'S QUESTIONS
Here are the shareholder's questions with the most frequently asked at the top of the list. Some questions are copy & pastes, others may have been edited by ASKen.
A. Financials and related
(i) Do we expect to, or have we already received money from eASIC for a partial refund? If so please provide figures. If not could you give a quick run down on what happened.
The project manager managed to get a partial refund, when the PO said Non-Refundable, Non-Cancelable
Quote
(ii) When can we expect a financial report?
Which do you want Sales or Report, working on getting us a CPA and getting the taxes done. Can't keep Customer Service Reps due to all the threats and bad language.
Quote
(iii) How many Gold Rush & Prospector cards do you have in hand?
We have enough Gold Rush to fulfill our current orders. We have a production line up and running and tooled with parts. The project manager has set it up to do a 5,000 board run.
Quote
(iv) Could you approximate the revenue from selling all the cards in one month assuming the BTC price stays the same?
This is hard to do as we are always working on lowering our production cost, early boards are higher and later boards are lower.
Quote
(v) When will the first dividends be paid out? How will you calculate how much to pay per share and what is that percentage figure?
That is to be determined from our current mining revenue and current sales, we have a number of sales in the works.
Quote
(vi) Are there any outstanding refunds still to be paid? If so how much and when will they be honoured?
Here is what we are sending to customers:
We are making progress with our mining operation and our sales. We going to use the funds from these to pay refunds as we lost a lot of Pre-Order bitcoins on MtGox. We expect to refund 100% of our customers.
Regards,
Ken
Customer service
Quote
(vii) How much of ActM/VMCs assets were exposed as a result of the acquisition of People's Asic?
~157,000 shares
Quote
B. Website & Chip design
(i) Why hasn't the website been updated given that it's high priority and relatively easy to do? When will the website be brought up to date?
(i) Why hasn't the website been updated given that it's high priority and relatively easy to do? When will the website be brought up to date?
No, it has not be a high priority, getting our mining farm has been the highest priority. We are now bring the website up to high priority.
Quote
(ii) What is the status of ActM's asic development? Is ActM still working on its own 28nm chip? Specifically, have we entered into a contractual relationship with a fab and a semiconductor company? And if so, when can we expect to have physical chips on hand?
We are working on getting our own chip, this is high priority.
Quote
(iii) If you are working on developing a 28nm chip, when will it be ready and how competitive will it be against, say HASHFAST's offering?
Can't say at this point, lot of thing are happening.
Quote
C. Mining Farm
(i) Please detail a schedule for deployment. When are we expected to reach 200TH, 300TH, 400TH,.. etc?
(i) Please detail a schedule for deployment. When are we expected to reach 200TH, 300TH, 400TH,.. etc?
We expect in this datacenter to be at 120TH-150TH, which we think will be the max due to the AC required.
Quote
(ii) Are you working on starting a second mining farm given the limitations experienced by the first one?
Not at this time, we are working on sales. We have a good solid income from the mining farm, now we what to get the fast income from sales.
Quote
(iii) What are your data center plans. Your current facilities are no where near adequate to meet your goals. How are you going to resolve this what steps have been taken and what steps will be taken to insure that you can scale this operation?
We have learned from a current datacenter the requirements, time, and cost required to put a datacenter together. We are now going to focus on sales which gives us some explosive income potential.
Quote
D. Miscellaneous
(i) HASHFAST are having real issues at present. They seem to be stock rich and cash poor. Is this going to be an issue for ActM? Are we guaranteed to receive the stock we require to stay in business?
(i) HASHFAST are having real issues at present. They seem to be stock rich and cash poor. Is this going to be an issue for ActM? Are we guaranteed to receive the stock we require to stay in business?
We know all about HASHFAST, we have a number of plans in the works, some of which could generate up to 2.5 Million in profits
Quote
(ii) What benefits has the People's Asic team brought to the table and what are they actively working on?
Without the People's ASIC team, there is noway we could be where we are today.
Quote
(iii) Are you advertising VMC machines anywhere? Are there plans to do so?
Yes, Google Adwords
Quote
(iv) When will you update the operational plan given that so much has changed in the last year. Potential and current shareholders require this in order to decide the risk going forward.
The plan is the same, mine and sale
Quote
(v) Ken has said that we are using our own contractor for creating the boards. However Vince in his video explains that it's highly likely the boards are just being built by Hashfast. Can Ken please clarify?
Like, I have said in the past, we have used the same CM to build the boards, we paid the CM, we supplied the parts, we used HF supplied design to build the boards. We currently have 200 Gold Rush PCB's in stock, another 400 in production, that we have built with a different CM waiting to be assembled. We have a CM line tooled with parts to do a 5,000 board run as soon as the market demand dictates that we make the run. We are working with customers that have HF chips in had to use their chips to assemble boards for them.
Quote
(vi) In case the chances to make more coins out of the coins available are rather slim... will you stop spending them and stop ActM by paying out the remaining funds as divs or will you try anything till the end even when its uncertain that the plans will work?
We believe that we are in a great position with the previous production to make a profit in the near future. Should we see that the business does not have a chance to be profitable, then yes we would liquidate.
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