Once activemining get approve in btct with IPO price at 0.0025, shares will be level to this price again.
Those with existing shares will sell at current higher price (greater 0.0025) then buy the IPO price.
Expect bearish, massive selling to level to 0.0025.
Don't spread FUD!Sorry and correct me if I'm wrong please, but bold statements like this are very harmful, if they are wrong.Imho every AMC-PT share will be transfered into ActM-PT shares. No new shares will be issued and once AM-PT (if at all) gets appoved, burnside will do the conversion. This information can be digged up in one of the related ActM threads.
Current btct.co holders can relax, this should happen automatically.
dexX7 you are correct.
All funding is done right now, so don't expect any new shares to be released for the time being. It was very unfortunate that ActM needed simultaneously the cash to pay both the NRE
and the ~63 Avalon clones assembly, as everything has to be moving forward at a quick pace.
Once ActiveMining gets approved on BTC-TC, existing AMC-PT shareholders will be automatically converted to it.