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Topic: [ActiveMining] The Official Active Mining Discussion Thread - page 284. (Read 479317 times)

full member
Activity: 154
Merit: 100
I would be happy to put a board together as soon as we get over the next few months.  I would suggest a 7 member board.

The point is a board is needed now ken, not in a few months. That's far too late.

You've worked your socks off and there is so much more to do. The board would be there to help ensure things like today's post ipo stuff didn't happen, could take communication off your hands, and can act on behalf of shareholders to ensure the project is going as planned. A good board will make your job much simpler and the company more efficient. It will also increase trust, as long as the board is suitably picked.

Right now you shouldn't be faffing with shares and you shouldn't be on this forum dealing with pain in the arse shareholders like me. Someone else should be taking that stress and keeping us happy.

I also feel that someone else could have addressed all the questions very quickly and easily as, and I mean no offence, communication is not your strong point. Even when you answer a question, it's often not a full answer.

+1
sr. member
Activity: 266
Merit: 250
No I don't think it is or I wouldn't have invested Wink

But people do disappear, it's not quite that simple!

Sure but they would have to be insane to reveal themselves as much as Ken has before trying to do so.
sr. member
Activity: 364
Merit: 250
I would be happy to put a board together as soon as we get over the next few months.  I would suggest a 7 member board.

The point is a board is needed now ken, not in a few months. That's far too late.

You've worked your socks off and there is so much more to do. The board would be there to help ensure things like today's post ipo stuff didn't happen, could take communication off your hands, and can act on behalf of shareholders to ensure the project is going as planned. A good board will make your job much simpler and the company more efficient. It will also increase trust, as long as the board is suitably picked.

Right now you shouldn't be faffing with shares and you shouldn't be on this forum dealing with pain in the arse shareholders like me. Someone else should be taking that stress and keeping us happy.

I also feel that someone else could have addressed all the questions very quickly and easily as, and I mean no offence, communication is not your strong point. Even when you answer a question, it's often not a full answer.

Also, I apologise to everyone for being a pain in the backside today, but it's all meant in good faith. If you know what I mean!
hero member
Activity: 658
Merit: 500
decentralize EVERYTHING...
HAHAhahahahaha

I bet all you "longers" are really regretting not selling above .0025 now that Ken has confirmed that 400,000 shares will be dumped at that price over the weekend.


hahahaha?

trollbox much?

Yeah ill be leaving for that trollbox now, i've made my profit here. You religiously devout Ken believers can have a couple pages of this thread without worrying about me spreading "FUD", as there is no longer any profit opportunity here for at least another couple weeks. Good luck with the new wall! Grin

Wow you incredible day trading genius... you sure got the best of us. we bow to your utter benevolence.
full member
Activity: 196
Merit: 100
HAHAhahahahaha

I bet all you "longers" are really regretting not selling above .0025 now that Ken has confirmed that 400,000 shares will be dumped at that price over the weekend.


hahahaha?

trollbox much?

Yeah ill be leaving for that trollbox now, i've made my profit here. You religiously devout Ken believers can have a couple pages of this thread without worrying about me spreading "FUD", as there is no longer any profit opportunity here for at least another couple weeks. Good luck with the new wall! Grin

Be careful Floates, some people might want to burn you on the next trade. Keep sharp.
full member
Activity: 196
Merit: 100
lolstate is correct, and this is exactly what I was eluding to:

either ActiveMining is a scam OR ActiveMining is a real company with real people

if ActiveMining is a scam, then that would - all hypothetically speaking - make ken a con man, and anything he says would be to instill confidence to perpetuate this, so there is really nothing he could say to rationalize the unknown expenses

if ActiveMining is a real company trying to do real things, then it is being run with poor judgement, which is equally a red flag

and this is all compounded by the fact that the poor judgement isn't new: over the last however many pages of this thread, we have worked out the problems with the original structure of this venture ( 3 entities in agreements and various levels of ownership with each other)

and now it is apparent we need to work out some issues with ActiveMining's charter to allow shareholders to vote on more things before they happen

This isn't FUD (fear uncertainty and doubt), this is a reflection on "wtf were you thinking when you originally structured this venture" and just when that is fixed its now "wtf are you doing with these ask walls"

I would be happy to put a board together as soon as we get over the next few months.  I would suggest a 7 member board.

That is a great offer, Ken.

As of the last few days things are progressing really well, don't let the negative ninnies here make you think otherwise.
sr. member
Activity: 364
Merit: 250
No I don't think it is or I wouldn't have invested Wink

But people do disappear, it's not quite that simple!
sr. member
Activity: 266
Merit: 250
I play online poker and there have been much more drawn out and much more elaborate scams when big amounts of money are at play. While your rationale is logical there's not much weight to it in this case as there is $1M+ at play. In the end only time will tell how AMC will pan out so we're all just speculating as to whether this is legit or not or if it will succeed.

Why even entertain such nonsense?
The more you focus on negative outcomes, as so many people have seemed to flip to in here today, the more momentum you give the negative outcome.

Because it's a well known confidence trick - the long con - and this is a wonderful area and time to pull it off. Ken could walk away with a million bucks. That's a pretty good haul!

If you aren't keeping it in mind then frankly you shouldn't be investing. There is a real chance this could be a con, although I sincerely hope not! Asicminer could have been too. It wasn't Smiley Others have been. If I was playing the long con, I'd have done what ken did today (possibly bigger). That's why it looks bad from that point of view.

Any negatives today have come from an ipo mistake, not from people stirring.

I do find it funny that some people can be so blinkered one way or the other. I'm not for or against anything. This is a high risk investment and I'll do the necessary to mitigate my risks. That's what all the investors should be doing. And if you didn't invest, don't post here unless you are considering it.

If you invested, get those blinkers off. Whether you know it or not, you need these answers. It's your money given to some random dude on the Internet who doesn't have an unblemished record. Mitigate your risks by knowing the facts, and if they aren't forthcoming then you know something is wrong.

VE: I've not checked in the last hour or so but I think ken has done what he said.


We have Kens picture, his address and info from several of his historic web companies.

The risk involved is not worth 1millUSD. Ken wouldn't last a month before the fbi had him. ergo not a scam.
sr. member
Activity: 364
Merit: 250
I will be posting 400,000 shares on BTC-TC @ .0025 and 100,000 shares on bitfunder @ .0025 sometime this weekend after the market has time to breath from the resent sales.

That's a start, but:

Are you saying you haven't posted any more since the original ipo, sold 0 shares since then and not put up any share walls?

Also, you need to specify a date and time. You can't just make it up, that's manipulation again and hurts shareholders. The market needs knowledge and you're not giving it to them. Actually this is worse because they know 'cheap' shares are going to be dumped and they don't know when.

In particular, you're now issuing at a rate below what some people have been buying at - they are not going to be happy. They bought in on the understanding that the ipo was done and you've issued a news release saying as much. Suddenly they are going to see you issue more shares at the original purchase price?

People who bought the original ipo may have sold other holdings at below value to ensure they got in on the ipo (I saw some people clearly do this and I did myself to a small extent).

Really, this 500k needs to be a few days away and at market rate at the time subject to a minimum amount. That's fair on everyone and allows the market to operate.


full member
Activity: 196
Merit: 100

There is a real chance this could be a con, although I sincerely hope not!


Man, this is the day satire died.  Cheesy
full member
Activity: 238
Merit: 100
HAHAhahahahaha

I bet all you "longers" are really regretting not selling above .0025 now that Ken has confirmed that 400,000 shares will be dumped at that price over the weekend.


hahahaha?

trollbox much?

Yeah ill be leaving for that trollbox now, i've made my profit here. You religiously devout Ken believers can have a couple pages of this thread without worrying about me spreading "FUD", as there is no longer any profit opportunity here for at least another couple weeks. Good luck with the new wall! Grin
sr. member
Activity: 476
Merit: 250
lolstate is correct, and this is exactly what I was eluding to:

either ActiveMining is a scam OR ActiveMining is a real company with real people

if ActiveMining is a scam, then that would - all hypothetically speaking - make ken a con man, and anything he says would be to instill confidence to perpetuate this, so there is really nothing he could say to rationalize the unknown expenses

if ActiveMining is a real company trying to do real things, then it is being run with poor judgement, which is equally a red flag

and this is all compounded by the fact that the poor judgement isn't new: over the last however many pages of this thread, we have worked out the problems with the original structure of this venture ( 3 entities in agreements and various levels of ownership with each other)

and now it is apparent we need to work out some issues with ActiveMining's charter to allow shareholders to vote on more things before they happen

This isn't FUD (fear uncertainty and doubt), this is a reflection on "wtf were you thinking when you originally structured this venture" and just when that is fixed its now "wtf are you doing with these ask walls"

I would be happy to put a board together as soon as we get over the next few months.  I would suggest a 7 member board.
hero member
Activity: 736
Merit: 508
I have no reason to lie.  I'm a shareholder and have verified that in the past.  I would have no reason to cut Ken's funding short by 50k shares. 


You just implied he could steal 50k shares from us. That would be quite a serious accusation, if made, which is why I asked.

How would we ever know?  Can you tell which shares are his?
He will account for the 50k now that I posted it, guaranteed.

I will be posting 400,000 shares on BTC-TC @ .0025 and 100,000 shares on bitfunder @ .0025 sometime this weekend after the market has time to breath from the resent sales.

what about the 50k shares volcanicerupter said?
hero member
Activity: 546
Merit: 500
lolstate is correct, and this is exactly what I was eluding to:

either ActiveMining is a scam OR ActiveMining is a real company with real people

if ActiveMining is a scam, then that would - all hypothetically speaking - make ken a con man, and anything he says would be to instill confidence to perpetuate this, so there is really nothing he could say to rationalize the unknown expenses

if ActiveMining is a real company trying to do real things, then it is being run with poor judgement, which is equally a red flag

and this is all compounded by the fact that the poor judgement isn't new: over the last however many pages of this thread, we have worked out the problems with the original structure of this venture ( 3 entities in agreements and various levels of ownership with each other)

and now it is apparent we need to work out some issues with ActiveMining's charter to allow shareholders to vote on more things before they happen

This isn't FUD (fear uncertainty and doubt), this is a reflection on "wtf were you thinking when you originally structured this venture" and just when that is fixed its now "wtf are you doing with these ask walls"
hero member
Activity: 658
Merit: 500
decentralize EVERYTHING...
HAHAhahahahaha

I bet all you "longers" are really regretting not selling above .0025 now that Ken has confirmed that 400,000 shares will be dumped at that price over the weekend.


hahahaha?

trollbox much?
full member
Activity: 238
Merit: 100
HAHAhahahahaha

I bet all you "longers" are really regretting not selling above .0025 now that Ken has confirmed that 400,000 shares will be dumped at that price over the weekend.
full member
Activity: 196
Merit: 100


The obvious conclusion is it would have been easier to pull off a scam and do a runner before now, than continue to the IPO stage and beyond. So we either have an incompetent group of scammers (would have been banged up by now), or a competent team who have successfully delivered the first tranche of a start up, yet are probably cursing the day they agreed to start out, lol.


I play online poker and there have been much more drawn out and much more elaborate scams when big amounts of money are at play. While your rationale is logical there's not much weight to it in this case as there is $1M+ at play. In the end only time will tell how AMC will pan out so we're all just speculating as to whether this is legit or not or if it will succeed.

Why even entertain such nonsense?
The more you focus on negative outcomes, as so many people have seemed to flip to in here today, the more momentum you give the negative outcome.

BINGO!

That is the FUDsters new approach. The scam was discredited, now it is:

"Keep on chipping away with insinuation, negativity, make it ONE BIG DOWNER"

I'm listening to Yazz 'The Only Way is Up' on the iPod, so I might be immune to this.
sr. member
Activity: 560
Merit: 250

The wall at .00265 is for sure Ken's.  Whenever someone buys into it the number of outstanding shares increases. (Edit: and it's gone)

What pisses me off is he posted 50,000 at .0028 earlier and now is undercutting it with the rest of the shares.  Pretty lame, Ken.
sr. member
Activity: 364
Merit: 250
I play online poker and there have been much more drawn out and much more elaborate scams when big amounts of money are at play. While your rationale is logical there's not much weight to it in this case as there is $1M+ at play. In the end only time will tell how AMC will pan out so we're all just speculating as to whether this is legit or not or if it will succeed.

Why even entertain such nonsense?
The more you focus on negative outcomes, as so many people have seemed to flip to in here today, the more momentum you give the negative outcome.

Because it's a well known confidence trick - the long con - and this is a wonderful area and time to pull it off. Ken could walk away with a million bucks. That's a pretty good haul!

If you aren't keeping it in mind then frankly you shouldn't be investing. There is a real chance this could be a con, although I sincerely hope not! Asicminer could have been too. It wasn't Smiley Others have been. If I was playing the long con, I'd have done what ken did today (possibly bigger). That's why it looks bad from that point of view.

Any negatives today have come from an ipo mistake, not from people stirring.

I do find it funny that some people can be so blinkered one way or the other. I'm not for or against anything. This is a high risk investment and I'll do the necessary to mitigate my risks. That's what all the investors should be doing. And if you didn't invest, don't post here unless you are considering it.

If you invested, get those blinkers off. Whether you know it or not, you need these answers. It's your money given to some random dude on the Internet who doesn't have an unblemished record. Mitigate your risks by knowing the facts, and if they aren't forthcoming then you know something is wrong.

VE: I've not checked in the last hour or so but I think ken has done what he said.
sr. member
Activity: 392
Merit: 250
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