[ActiveMining] The Official Active Mining Discussion Thread - page 30.

ffssixtynine

sr. member

Activity: 364

Merit: 250

Quote from: drawingthesun on September 12, 2013, 02:52:11 PM

Look can you at least clarify, if the company has used company funds to buy back shares those shares get destroyed thus increasing the ratio/value of all outstanding shares (This is what happens in real life, a company doesn't hold its own shares, a share buyback destroys the shares. Apple did this a few times)

First thing I asked. When I know I'll say.

drawingthesun

legendary

Activity: 1176

Merit: 1015

Quote from: TMAN on September 12, 2013, 02:56:08 PM

you had plenty to say in the Labcoin thread earlier - why cant I educate some of the people here who obviously aren't aware of the severity of your CEO's words and subsequent cover up of what he posted?

I post in Labcoin because I hold a position in Labcoin. I post here because I hold a position in Active Mining.

What Ken has done goes both ways, one hand its insider trading, on the other hand it signals that the CEO is confident in his company.

Mutated btc

member

Activity: 84

Merit: 10

Quote from: TMAN on September 12, 2013, 02:56:08 PM

Quote from: drawingthesun on September 12, 2013, 02:54:15 PM

Quote from: TMAN on September 12, 2013, 02:52:20 PM

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.

Go home dude you're not invested.

Its the most stupid thing to say I know. Also we are up in arms can't you tell?

you had plenty to say in the Labcoin thread earlier - why cant I educate some of the people here who obviously aren't aware of the severity of your CEO's words and subsequent cover up of what he posted?

my eye's did pop when i saw he deleted the post, yet im weak, cant do anything

edit: maybe he wanted be part of us etc, and he didnt think before hand

TMAN

legendary

Activity: 1414

Merit: 1808

Exchange Bitcoin quickly-https://blockchain.com.do

Quote from: drawingthesun on September 12, 2013, 02:54:15 PM

Quote from: TMAN on September 12, 2013, 02:52:20 PM

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.

Go home dude you're not invested.

Its the most stupid thing to say I know. Also we are up in arms can't you tell?

you had plenty to say in the Labcoin thread earlier - why cant I educate some of the people here who obviously aren't aware of the severity of your CEO's words and subsequent cover up of what he posted?

drawingthesun

legendary

Activity: 1176

Merit: 1015

Quote from: Mutated btc on September 12, 2013, 02:53:36 PM

btw what does P&L stand for

http://www.investopedia.com/terms/p/plstatement.asp

drawingthesun

legendary

Activity: 1176

Merit: 1015

Quote from: TMAN on September 12, 2013, 02:52:20 PM

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.

Go home dude you're not invested.

Its the most stupid thing to say I know. Also we are up in arms can't you tell?

Mutated btc

member

Activity: 84

Merit: 10

btw what does P&L stand for

drawingthesun

legendary

Activity: 1176

Merit: 1015

Quote from: crumbs on September 12, 2013, 02:49:41 PM

Quote from: ffssixtynine on September 12, 2013, 02:47:33 PM

...
I'm 99.99% certain this wasn't a scammy move. ...

Good enough for me Cheesy

Crumbs please leave, you are not invested and not helping.

TMAN

legendary

Activity: 1414

Merit: 1808

Exchange Bitcoin quickly-https://blockchain.com.do

Quote from: ffssixtynine on September 12, 2013, 02:47:33 PM

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.

drawingthesun

legendary

Activity: 1176

Merit: 1015

Quote from: ffssixtynine on September 12, 2013, 02:47:33 PM

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.

Look can you at least clarify, if the company has used company funds to buy back shares those shares get destroyed thus increasing the ratio/value of all outstanding shares (This is what happens in real life, a company doesn't hold its own shares, a share buyback destroys the shares. Apple did this a few times)

somestranger

hero member

Activity: 487

Merit: 500

Are You Shpongled?

Quote from: Mutated btc on September 12, 2013, 02:50:47 PM

while you guys chit chatting, bitfunder Actm is at 0.0018

Ken is buying more cheap shares.

Mutated btc

member

Activity: 84

Merit: 10

while you guys chit chatting, bitfunder Actm is at 0.0018

crumbs

full member

Activity: 210

Merit: 100

Quote from: ffssixtynine on September 12, 2013, 02:47:33 PM

...
I'm 99.99% certain this wasn't a scammy move. ...

Good enough for me Cheesy

drawingthesun

legendary

Activity: 1176

Merit: 1015

Quote from: TMAN on September 12, 2013, 02:46:04 PM

I dislike you - but you are correct here. bye bye money Active miners.

This is not a Ponzi, it can be a scam but this is not a Ponzi. Just go wiki what a Ponzi is.

If you're not invested please leave because we want to try to find out what's going on and you're making the thread messy.

ffssixtynine

sr. member

Activity: 364

Merit: 250

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.

somestranger

hero member

Activity: 487

Merit: 500

Are You Shpongled?

Quote from: TMAN on September 12, 2013, 02:44:59 PM

Quote from: eskimobob

I guess Ken wanted to inject some confidence to the rest of us by buying shares but this is not how you do it.
Another slight PR fuck up Sad

Slight, are you high?? this is disgusting - he is steeling from you all - don't you see it?

I think you missed the sarcasm or tongue-in-cheekness of his reply.

TMAN

legendary

Activity: 1414

Merit: 1808

Exchange Bitcoin quickly-https://blockchain.com.do

Quote from: ?? on ??

Just a random article I came across.....

http://seekingalpha.com/article/1330731-5-companies-with-unusually-large-ceo-purchases

"The chief executive officer is often considered the most important insider to follow as an investor. After all, the officer stands as the commander at the company's helm, making the necessary adjustments to safely navigate the enterprise away from risk and into profitable endeavors. As a result, he is believed to be the one most aware of the surrounding situation in regards to the company's future. Therefore, when a CEO buys his own company's stock, it can often be a strong symbolic action. After all, when insiders buy shares in seeking their own benefit, attentive investors can often prosper by keying in on the clue. By following those who are known to have a greater understanding of the company's opportunities, investors can stand to be more informed and enjoy the possible rewards of a more timely purchase."

Withholding information then trading on that information is a crime in the real world.

Mutated btc

member

Activity: 84

Merit: 10

wowowow, ActM at bitfunder crushing, 0.0018

drawingthesun

legendary

Activity: 1176

Merit: 1015

Quote from: iCEBREAKER on September 12, 2013, 02:45:06 PM

Quote from: matuszed on September 12, 2013, 02:07:11 PM

The ~~Buyback~~ PONZI SCHEME.

FTFY.

Actually this is not what a Ponzi scheme is. Please piss off whilst we try to get some real information out of this.

TMAN

legendary

Activity: 1414

Merit: 1808

Exchange Bitcoin quickly-https://blockchain.com.do

Quote from: iCEBREAKER on September 12, 2013, 02:45:06 PM

Quote from: matuszed on September 12, 2013, 02:07:11 PM

Quote from: kslaughter on September 12, 2013, 02:06:40 PM

Quote from: BitcoinForumator on September 12, 2013, 01:28:26 PM

Quote from: knybe on September 12, 2013, 12:37:40 PM

ACTM at .0029 ...fuck

begin rant:

I have held my tongue long enough. I am fed up with Ken's inept sense of decent communication (beyond a few grunts here and there) and his awful sense of design and marketing. That logo is third rate at best. If that bloody awful site is doing so goddamn well; WHERE ARE THE FUCKING NUMBERS?! As funders (I won't call us shareholders anymore for obvious reasons) of this little experimental venture we have a right to know.

At this point, my FUD is that ACTM will not gain momentum again because of competition and difficulty AND the fact that for whatever reason, Ken refuses to do trade magazine type PR to get the word out AND and to tell us current state of progress. I am frustrated that Actm and vmc are never even mentioned in the news the way other companies are. At this point Ken may have funded and built his company for free off our backs. It doesn't seem to matter to Ken if the stock evaporates. He doesn't own any. So frustrated right now. All Ken (or someone in the know) has to do is tell us and the world what progress he is making. But day after day it's silence and the confidence drizzles away to nothing as he seems too socially inept to know how to communicate.

Unless no news really is bad news.

end rant.

+ 10

As a matter of fact, I have purchase a number of shares on the open market. I am also purchasing shares how for my own account. We will be releasing P&L for this quarter by the end of October.

The ~~Buyback~~ PONZI SCHEME.

FTFY.

I dislike you - but you are correct here. bye bye money Active miners.

Topic: [ActiveMining] The Official Active Mining Discussion Thread - page 30. (Read 479317 times)