Topic: [ActiveMining] The Official Active Mining Discussion Thread - page 127. (Read 479475 times)

You should check out the xCrowd thread -- much more atmospheric.  They got potted plants, mood music, free coffee in the lobby & their receptionist is hawt.
It's just three threads over, well worth the scroll.

That's true, doesn't mean respectfull communication can be thrown out. Just like I don't give a crap about what your response to my non-question.

I'm not your enemy, even if you need venting.

As I said before, no one gives a crap if you buy or not. All the info to make an 'informed' decision is here and easy to find.

Fine example to summarise the atmosphere of this thread

Dang, we were all hoping you would buy. Oh well, you were picking the wrong one anyway.

Try reading the original post on the speculation thread

Wanted to buy some shares, but this thread is such chaos...

One PR person without name.

We have a board, we have a Ken as CEO but what about the rest of the team? You know, guys who actually design, build, assemble, manage/admin, sell etc all the stuff.

I have never seen the Acm's business model so I have no idea, who are the key resources to actually get stuff done and make money.

If I recall, the value proposition was something like "we will design and build the all mighty 28nm chip and provide customers with fastest mining rigs on the market" or something like that... Lately it sound like "we will buy a assload of chips from China and build rigs (with negative ROI, btw)"

Can you give us a quick summary of who are key resources you are panning to achieve the original goal?
If this is turning in to a mining operations... adios amigos.

I am afraid nothing is done

Just ken hiding in empty cave waiting for outdatted chips.

Good luck with selling avalon clones in march for 7k usd.

I am not making fun of you guys but to be honest, boards (or ffssixtynine) utter incompetence organizing a shareholders meeting shows. But no worries. You will figure this out.

First of all, shareholders meeting in not a board meeting - hence the agendas are different.
Strategy etc is what you guys talk about in board meetings and not some itty-bitty detailed stuff. Big picture and how board members can use their expertise to get the circus moving in right direction and achieve goals set.
Those goals must be set by CEO and his team BEFORE the meeting. (search the net, there are thousands of pages on how to run a board meetings and set agendas)

Shareholders meeting is much simpler and usually talks about what has been achieved, what is happening at the moment and where are we going.

Let me give you a quick and simplified agenda, so you can fine tune it to suit your needs.

1) Start out with quick introduction (who is who) 3 min total
2) If there is any shareholders voting involved (selecting members for the board for example) - what are the rules. 1 min
   * List of topics need voting by share holders:
  A
  B
  C
* When done, announce the results

Now you move on to financial stuff progress report (read: Co status)

3) What has been done:
* A high level project plan (task list, back log or what ever you like to call it) with important milestones, dates and costs 5-10 min

4) What needs to be done:
* A high level project plan (task list, back log or what ever you like to call it) with important milestones, dates and costs estimates 5-10 min

5) Financial statements
* Balance sheet - with comments  <3 min
* Cash Flow statement - with comments  <3 min
* Profit Loss statement - with comments <3 min

Now, the real fun begins:
6) Shareholders questions and answers

End the meeting and publish the shareholders meeting report

All the materials presented are sent out days/months BEFORE the meeting so everyone has plenty of time to read it and come up with questions etc.

If you like to organize this meeting next week, you better get your collective ass on gear and start typing (and not waste your time here, demanding respect and what not)

I also recommend you use some type of online slide/presentation service and comment your presentation to shareholder in IRC and not waste time describing the slide/picture/chart in IRC.

yuansuyi,

Your posts are not interesting, helpful, nor thought provoking.

sincerely,

Everyone

Maybe they just don't want people to know that the Board Meeting just turn out be a talking about shit.

If that is the case, then there should be no harm in letting non-board investors peek in on what is being discussed.

The discussion will about what should not be discussed.

Board member 1: so about eASIC...
board member 2: shhhh, we don't talk about that.
board member 3: so about that logo..

With everything covered by NDA, only Ken and his nephew get access to, what issues/info do you expect the Cheerleaders's Board to discuss?  
No more than web logo,web design,company slogan,brand,promotion etc..

I agree with this sentiment.  I think that a week before every board meeting, there needs to be an announcement of when and what channel it will take place, and allow anyone with enough invested interest to watch.  Of course, if the board members wanted to arrange closed door meetings without any of us knowing, they could still do so, but it is my hope that the Board will stay open and transparent about the inner workings of ActiveM.  ActiveMining has somewhat been considered a crowdsourced operation since its inception from AMC, and I would hope that it can sort of remain that way as we continue to move forward to greater things. 

Read this. If there proves to be major price swings directly after/during these meetings, I absolutely will purchase enough shares in order to be invited, and then trade on the insider information at the expense of the general public. If I don't I will be taken advantage of. The prudent decision will then be binary- own enough shares to be invited to the meeting - or don't own any shares at all. I shouldn't have to spell out the reasons why this is not wise.

There is absolutely no reason that the IRC channel the meeting takes place in shouldn't be public. If there truely is not insider information being discussed - what is there to keep private? Anyone not on the board, or not invited, will NOT have speaking privileges to ensure everything goes according to plan/agenda.

This is a no brainer.

Well played Volcanic, well played.