[ActiveMining] Official Shareholder Discussion Thread [Moderated] - page 87.

finlof

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Quote from: knybe on June 02, 2014, 03:57:40 PM

Quote from: kleeck on June 02, 2014, 03:41:34 PM

Quote from: knybe on June 02, 2014, 03:39:59 PM

Slaughter said he reached an agreement with the Secretary of State's office to provide refunds to any investors who want out, but he will continue sell virtual shares to people who still want to invest in the still emerging technology, He said those who want refunds will have 45 days to request them.

Ken, I would like out please.

Let's not flood this thread with "LEMMEOUTZBRO!" Send him an e-mail or a PM. Cheesy

Edit: I would be curious what other investors interpret "Reimbursement" to be. Original IPO value (.0005), IPO 2.0 (.0025), or some other value?

fuck it. I only look forward to the day I never have to read this godforsaken thread ever again.

you wont be able to stop looking. you will keep coming back for more. you're an addict and this is your drug. prove me wrong...

shaofis

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Quote from: kslaughter on June 02, 2014, 05:07:59 PM

The balance in the mining account will used to fund operations.

Which operations? There are still two companies here right... are you taking the ActM profits to fund VMC's failures?

HardwareReviewer

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Quote from: kslaughter on June 02, 2014, 05:07:59 PM

Active Mining will have to use non-investor funds to pay a fine of up to $100,000 this will have to come from
the mining account only. The balance in the mining account will used to fund operations.

So instead of refunding customers, you will use the income of the mining farm to pay the fine.
Great story.

thefunkybits

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Quote from: kslaughter on June 02, 2014, 05:21:38 PM

Quote from: damiano on June 02, 2014, 05:06:10 PM

I sold a lot weeks ago... I'm out a lot. Should I re purchase what I sold? For refund/accounting purposes?

The refund will only be for the current price you purchased at this time, not for your previous price.

what happens to shares that are bought out? are they destroyed or do they become the company's?

Mutated btc

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Quote from: kslaughter on June 02, 2014, 05:21:38 PM

Quote from: damiano on June 02, 2014, 05:06:10 PM

I sold a lot weeks ago... I'm out a lot. Should I re purchase what I sold? For refund/accounting purposes?

The refund will only be for the current price you purchased at this time, not for your previous price.

answer me too ken please

update me on the rest of share verification, sended before deadline,

say not yet, if you didnt, for peace of my mind

kslaughter

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Quote from: damiano on June 02, 2014, 05:06:10 PM

I sold a lot weeks ago... I'm out a lot. Should I re purchase what I sold? For refund/accounting purposes?

The refund will only be for the current price you purchased at this time, not for your previous price.

Mutated btc

member

Activity: 84

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Quote from: kslaughter on June 02, 2014, 05:07:59 PM

Active Mining will have to use non-investor funds to pay a fine of up to $100,000 this will have to come from
the mining account only. The balance in the mining account will used to fund operations.

and the rest of share?

i sended email 20th may,

how long is few days?

tempestb

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Quote from: SebastianJu on June 02, 2014, 04:53:17 PM

Are you sure about that? Its not that people invested fiat into ken, they invested bitcoins. So in case they would have given him gold instead of bitcoins he would need to give back gold i guess.

The Government doesn't recognize gold as a currency, you would have to refund people in cash. For instance, in court cases that involve broken engagements, a court cannot force one party to return an engagement ring. Instead the court fines that person in cash. The courts deal with cash. Property sometimes, but that is usually auctioned off for cash. At no point does the court say, "You gave him a 1978 Jeep. You need to return him a 1978 Jeep." Never happens. The refund will have to be in cash.

knybe

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decentralize EVERYTHING...

Quote from: kslaughter on June 02, 2014, 05:12:47 PM

Quote from: hazryder on June 02, 2014, 05:09:20 PM

Quote from: kslaughter on June 02, 2014, 05:07:59 PM

Active Mining will have to use non-investor funds to pay a fine of up to $100,000 this will have to come from
the mining account only. The balance in the mining account will used to fund operations.

How can we get reimbersed for our shares?

This will be announced at a latter time.

Ken, STOP DRAGGING THIS OUT.

Reimburse those that want out and be done with it so you can concentrate and continue with your business.

please.

damiano

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103 days, 21 hours and 10 minutes.

Quote from: kslaughter on June 02, 2014, 05:12:47 PM

Quote from: hazryder on June 02, 2014, 05:09:20 PM

Quote from: kslaughter on June 02, 2014, 05:07:59 PM

Active Mining will have to use non-investor funds to pay a fine of up to $100,000 this will have to come from
the mining account only. The balance in the mining account will used to fund operations.

How can we get reimbersed for our shares?

This will be announced at a latter time.

When will the remaining dividends be paid out? How do you feel about ACTM end of 2014?

kslaughter

sr. member

Activity: 476

Merit: 250

Quote from: hazryder on June 02, 2014, 05:09:20 PM

Quote from: kslaughter on June 02, 2014, 05:07:59 PM

Active Mining will have to use non-investor funds to pay a fine of up to $100,000 this will have to come from
the mining account only. The balance in the mining account will used to fund operations.

How can we get reimbersed for our shares?

This will be announced at a latter time.

GTR_JOEY

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Ffs.. You fucking monkeys.. Wait no, monkeys would do a better job

hazryder

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Quote from: kslaughter on June 02, 2014, 05:07:59 PM

Active Mining will have to use non-investor funds to pay a fine of up to $100,000 this will have to come from
the mining account only. The balance in the mining account will used to fund operations.

How can we get reimbersed for our shares?

kslaughter

sr. member

Activity: 476

Merit: 250

Active Mining will have to use non-investor funds to pay a fine of up to $100,000 this will have to come from
the mining account only. The balance in the mining account will used to fund operations.

damiano

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Activity: 1246

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103 days, 21 hours and 10 minutes.

I sold a lot weeks ago... I'm out a lot. Should I re purchase what I sold? For refund/accounting purposes?

bigdude

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Dolphins Finance TRUSTED FINANCE

Clearly Ken needs to get his head out of the sand and make a statement to investors

SebastianJu

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Legendary Escrow Service - Tip Jar in Profile

Quote from: tempestb on June 02, 2014, 04:42:50 PM

The law would not tell Ken to refund people in Bitcoin. They don't recognize Bitcoin as a currency. So the refunds would be in cash. If you paid $140, he'll have to refund you $140. Based on what you paid in cash is what you will get reimbursed.

Are you sure about that? Its not that people invested fiat into ken, they invested bitcoins. So in case they would have given him gold instead of bitcoins he would need to give back gold i guess.

Bargraphics

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Every man is guilty of all the good he did not do.

Quote from: JoTheKhan on June 02, 2014, 04:48:25 PM

Quote from: tempestb on June 02, 2014, 04:42:50 PM

The law would not tell Ken to refund people in Bitcoin. They don't recognize Bitcoin as a currency. So the refunds would be in cash. If you paid $140, he'll have to refund you $140. Based on what you paid in cash is what you will get reimbursed.

So it would be off IPO price then?

Most likely, but which one? >.>

JoTheKhan

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Quote from: tempestb on June 02, 2014, 04:42:50 PM

The law would not tell Ken to refund people in Bitcoin. They don't recognize Bitcoin as a currency. So the refunds would be in cash. If you paid $140, he'll have to refund you $140. Based on what you paid in cash is what you will get reimbursed.

So it would be off IPO price then?

knybe

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Activity: 658

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decentralize EVERYTHING...

Quote from: ?? on ??

I just sold all my shares and took out 4BTC. It's a massive loss on my investment

how much you loose on that? I don't know what to do Angry

Enough. If it's important coin get out. Hold 25% if you find a complete exit a hard thing to do. I sold 100%, been thinking about it since CT re-opened and spent a long time agonizing over it. If ever the writing was on the wall it's now.

I forsee frozen shares courtesy of the State of Missouri, a 12 month court case with the end result the lawyers and pre-orders get paid back. These are profit shares remember so you get none of the funds as there simply is no profit.

dude if you're out you're out. why hang around this thread anymore?

Topic: [ActiveMining] Official Shareholder Discussion Thread [Moderated] - page 87. (Read 629899 times)