I didn't know about any of this, so a couple of things.
- I've asked someone who does know their shit to post how it works with regular IPOs because those running around shouting illegal/insider trading are apparently not quite right. It's also not unusual within Bitcoin to say the least (I'm not saying it's right).
- I'm awaiting a response from Ken BUT I know it would be a very typical thing for him to do & post because he wanted to show that he does have confidence in the company, and he thinks that is how people will see it.
I'm 99.99% certain this wasn't a scammy move. I've been dealing with Ken long enough to know how his mind works and it isn't like this.
The real problem here is the share price, lack of communication, etc etc. This was a match for a lot of dry wood.
I respect you - but if he didn't intend to be scammy he isn't intelligent enough to be in charge of shareholder funds period. this is crazy guys - why arent you up in arms about this? aren't you aware of the implications - he does this he will do whatever he wants.
TMAN, you have to realize we're dealing with brainwashed cult members here, not rational actors.
They won't listen to facts WRT their crappy 20GH ASIC-SX vs the real (full custom) chips that will be shipping in the same timeframe.
They won't listen to the market, clinging to the BTCT price even when it's obviously inflated by the artificial scarcity of shares there.
They interpret anything and everything that happens as 'Moar Good News! Great Company! Buy Cheap Shares!'
Confirmation bias run amok! Clap louder and cheer more, or else you are an evil troll who needs to be shunned/ignored/reviled.
I told them to get out weeks ago. They had every opportunity to sell at 0.0045, but they preferred to bet against iCEBREAKER. What fools!
