Topic: [ActiveMining] The Official Active Mining Discussion Thread - page 269. (Read 479317 times)

You silly sausage. You people need to do some research before throwing away good money like that. This company has only just got started, you are only seeing the tip of the iceberg so far.

Seems like people buying in for a quick profit at the moment.  I hope it stabilises  around 0.004 and then creeps up more slowly, until the Avalons come online.

Sell on BitFunder, and send BTC to BTCT, then buy AMC-PT. I would do it ASAP.

Unfortunately you can't outside of selling and repurchasing. They can only be tendered to Bitfunder and that offer expires soon.

Yea seriously.  How do / can you transfer from bitfunder to btct?

Good thinking. I liquidated ASICMINER and btcQuick to buy nearly all-in on ActiveMining anticipating a huge increase after the IPO, and I'm waiting to cash out some of my shares for 67% profit and then diversify again. Really wishing I bought the shares on Btct.co now though since the volume drives the price crazy over there.

oh shit, keep it coming

Sold half this morning for an awesome profit and now holding my remaining (free) shares for the long term!
Thanks AMC!

its because IPO has now stopped, and there is still high demand.

Like all good Bitcoin securities.

on 0 news?

http://www.photographyblogger.net/wp-content/uploads/2011/06/rocket19.jpg

To be fair, Ken has made quite a number of mistakes and his board persona is poor. I understand people having issues over ActiveMiner. I've spoken to him more in person and he's quite different as others have said.

The reason I called for a board was precisely to deal with these concerns and deal with ActiveMiner's image problem (which isn't alone in Bitcoin - see the S.MG thread for something I'm far more dubious about). If they do then it's good for everyone and will free Ken up to get on with the important stuff.

 

Is there a list of shareholders?

Also Ken is flying out this week to visit eAsic and pay NRE/view the prototype of the new chip

Yeah, we just need to be patient for the board to be formed. Bitcoin and Bitcoin securities move at light speed compared to traditional markets, but humans can only work so fast! Ken must be completely swamped with the NRE being met, forming a board, tendering shares, advertising for VMC, getting avalon boards ready, etc.

These clowns / ASICMINER fanboys over on the BTC-TC probably think he is just busy planning his million dollar escape: https://bitcointalksearch.org/topic/btc-tc-virtual-community-exchange-closed-125629.

Eskimo, no board exists. Moves are being made to form one but it won't be instant. I hope it moves quickly but you have to allow some time to do these things properly.

It will definitely involve some higher value shareholders.

bump!!!!0.0034

https://bitfunder.com/asset/AMC#pane_profile
Asset Name   AMC
Asset Issuer   AMC
Shares Total   100,000,000
Shares Issued   6,400,000 (changed by -1486710 7886710-6400000=1486710)
Pays Dividends   Yes
Issuer may Increase Shares:   No
Issuer may Modify Description:   Option not set.


Asset Name   ActiveMining
Asset Issuer   AMC
Shares Total   25,000,000
Shares Issued   5,600,815  (changed by -575514 6176329-5600815=575514)
Pays Dividends   Yes
Issuer may Increase Shares:   Yes, with vote.
Issuer may Modify Description:   Yes, without vote.

https://btct.co/security/AMC-PT
Outstanding 2924534 / 5000000 Issued


Sorry, but I am not sure what do you mean by "cleaning up" and "de-issue".

Only way you (I mean AMC and ActiveMining) or anyone else for that matter, can reduce the number of outstanding shares (aka "Shares Issued" in bitfunder) if issuer buys back the shares via exchange trading system. If there is another mechanism involved, can you please elaborate on this.

Because AMC/Activemining has still not managed to release a proper balance sheet, where we can see the shareholders equity and number of outstanding shares (usually added as a comment), we have no idea what actually happen.
 

Your comment "I believe" about number of outstanding shares is not sounding too confident. I have asked you previously 3 times, how do you calculate the correct number of outstanding shares. Do you know how to do it?

(Thanks ffssixtynine, edit: Now, can freshly appointed ((n)ever voted?) board of directors comment on this interesting event?

Cheers!

yes, anarcho-capitalists tend to collectively be out of touch with reality. "government", even the concept of "governance", and "regulations" are all bad words

the current chairman of the CFTC probably trades bitcoin - based on the way he talks about them - and he could be this economy's best friend. To add to this, the CFTC is down for anything, its the legislature (congress) that you need to be worried about.

It was congress that banned the trading of onion futures
It was congress (under their MPAA master) that banned the trading of 'box office' futures, while the CFTC was on the verge of requiring movie studios to set up chinese walls