Great post dexX7. I'm sure that there's no conspiracy to deprive anyone of their shares and the delay might be perfectly reasonable considering all that's going on right now.
That said, you simply don't operate this way if you want to improve your credibility with shareholders. Those of you telling Mabsark to sell are missing the point entirely; he can't sell because he doesn't have access to his shares. None of us would be happy in his position.
At some point a decision has to be made. Is ActM going to continue to be run like a Mickey Mouse operation or is someone going to step up and follow through on their promises? Those of us with substantial funds invested should be promoting the latter.
That said, you simply don't operate this way if you want to improve your credibility with shareholders. Those of you telling Mabsark to sell are missing the point entirely; he can't sell because he doesn't have access to his shares. None of us would be happy in his position.
At some point a decision has to be made. Is ActM going to continue to be run like a Mickey Mouse operation or is someone going to step up and follow through on their promises? Those of us with substantial funds invested should be promoting the latter.
With respect you are expecting too much. You have invested in a fledgling business in a newly emerging market that is at its busiest stage implementing crucial contracts and setting up unique one-off infrastructure for future development. And there has been a delay of a few days in a processing proceedure. Get some perspective.
I have the perspective of a realistic investor with several hundred BTC at stake, though perhaps not the perspective of a fanboy.
Your arguments prove my point exactly. Due to the extremely risky nature of the investment, and the company's history of missteps, the only thing most investors have to go on is credibility. Therefore, caution should be exercised when making public commitments to do this or that, because when you are incapable of sticking to your own self imposed deadlines for mere trivialities, it erodes confidence in the enterprise overall.
You can continue to argue for your particular version of reality, but outside of your bubble, these repeated, self imposed PR problems needlessly create doubt about the competency of management. This is elementary human psychology, and it will cost investors money if it is not addressed.
For a start a few hundread btc means nothing, you could have bought them sub 1USD so I've no idea what your risk is, don't particularly care, and regardless no matter how big your investment is it gives your opinions no less and no more relevancy.
Second, and this is makes your point worthless, investor confidence has no bearing anymore. The IPO has come and gone. Ken is now working with the funds, he got the backing when he needed it because of his groundwork and achievable plans. You seem to fail to understand there are no more shares to sell and share price has no bearing on the current day to day workings of the company. Ken could come on here drunk and tell everyone to piss off - it wouldn't affect the future profitability of the company. Sure share price might dip a little but once the divs start pouring in...well.
So in essence fuck PR. Ken is a real dude not an ass licker. He has almost set up the biggest most profitable btc mining company in the world. That's all I need to know. If he is so busy that processing shares has to be put back a few days that to me is a seriously great sign. If he was sat around doing nothing all day then I would be worried.
