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Topic: [ActiveMining] The Official Active Mining Discussion Thread - page 329. (Read 479499 times)

full member
Activity: 238
Merit: 100

Sales of hardware are clearly mentioned in the contract, and thus will be paid out in dividends. It does not matter what you or anyone else thinks about how the money should be spent when the contract specifies what will be done.

My question was not a matter of if dividends will be paid, but when - This week or next week.

There has been no sale of hardware only a pre-order. You cant "spend" a clients money without delivering some goods, unless it is in the creation of said goods.

What are you talking about? Have you just made this point up on the spot?
hero member
Activity: 602
Merit: 500
it's ok guys. the bitcoin world is new to the population lacking common sense
newbie
Activity: 27
Merit: 0

Sales of hardware are clearly mentioned in the contract, and thus will be paid out in dividends. It does not matter what you or anyone else thinks about how the money should be spent when the contract specifies what will be done.

My question was not a matter of if dividends will be paid, but when - This week or next week.

There has been no sale of hardware only a pre-order. You cant "spend" a clients money without delivering some goods, unless it is in the creation of said goods.
full member
Activity: 238
Merit: 100

From contract:
Dividend payment
The global ActiveMining's income, including mining income, hardware sales via bitcoins, other cryptocoins and fiat transferred to bitcoins, will be paid to ActiveMining shareholders proportionally, after all manufacturing, maintenance, labor costs, R&D, growth and miscellaneous expenses are deducted. The first BTC0.0025/share dividends will only be paid to the first 10,000,000 ActiveMining shares, providing public investors a priority in getting back 100% return of their investment.

Sales of hardware are clearly mentioned in the contract, and thus will be paid out in dividends. It does not matter what you or anyone else thinks about how the money should be spent when the contract specifies what will be done.

My question was not a matter of if dividends will be paid, but when - This week or next week.
Please see bold.

So deduct expenses, and then pay out the dividends. I don't see what your point is.
member
Activity: 119
Merit: 10

From contract:
Dividend payment
The global ActiveMining's income, including mining income, hardware sales via bitcoins, other cryptocoins and fiat transferred to bitcoins, will be paid to ActiveMining shareholders proportionally, after all manufacturing, maintenance, labor costs, R&D, growth and miscellaneous expenses are deducted. The first BTC0.0025/share dividends will only be paid to the first 10,000,000 ActiveMining shares, providing public investors a priority in getting back 100% return of their investment.

Sales of hardware are clearly mentioned in the contract, and thus will be paid out in dividends. It does not matter what you or anyone else thinks about how the money should be spent when the contract specifies what will be done.

My question was not a matter of if dividends will be paid, but when - This week or next week.
Please see bold.
newbie
Activity: 31
Merit: 0
Will the several thousand dollars worth of Fast-Hash sales be factored into dividends this week or the following week?

Personally I'd prefer if Ken took that sales money and put it toward the NRE to get the new chips made. This way we get the new machines to the market faster, meaning more profit in the long run.

Wrong - pay out the divs. If the market believes that putting the money back into dev costs we will rebuy the shares being issued.

WRONG - what are you people crazy ? those are not sales but pre-orders. You cannot do a thing with those money, what if buyer requests refund are you doing to do then?

THIS.
full member
Activity: 238
Merit: 100
Will the several thousand dollars worth of Fast-Hash sales be factored into dividends this week or the following week?

Personally I'd prefer if Ken took that sales money and put it toward the NRE to get the new chips made. This way we get the new machines to the market faster, meaning more profit in the long run.

Wrong - pay out the divs. If the market believes that putting the money back into dev costs we will rebuy the shares being issued.

WRONG - what are you people crazy ? those are not sales but pre-orders. You cannot do a thing with those money, what if buyer requests refund are you doing to do then?

From contract:
Dividend payment
The global ActiveMining's income, including mining income, hardware sales via bitcoins, other cryptocoins and fiat transferred to bitcoins, will be paid to ActiveMining shareholders proportionally, after all manufacturing, maintenance, labor costs, R&D, growth and miscellaneous expenses are deducted. The first BTC0.0025/share dividends will only be paid to the first 10,000,000 ActiveMining shares, providing public investors a priority in getting back 100% return of their investment.

Sales of hardware are clearly mentioned in the contract, and thus will be paid out in dividends. It does not matter what you or anyone else thinks about how the money should be spent when the contract specifies what will be done.

My question was not a matter of if dividends will be paid, but when - This week or next week.
newbie
Activity: 27
Merit: 0
Yeah this is not profit, so has nothing to do with dividends. All this really means is that once the gear starts rolling out the door then we have guaranteed initial income - providing a refund is not requested. No contract is being broken.
hero member
Activity: 656
Merit: 500
Will the several thousand dollars worth of Fast-Hash sales be factored into dividends this week or the following week?

Personally I'd prefer if Ken took that sales money and put it toward the NRE to get the new chips made. This way we get the new machines to the market faster, meaning more profit in the long run.

Wrong - pay out the divs. If the market believes that putting the money back into dev costs we will rebuy the shares being issued.

WRONG - what are you people crazy ? those are not sales but pre-orders. You cannot do a thing with those money, what if buyer requests refund are you doing to do then?
sr. member
Activity: 302
Merit: 250
Will the several thousand dollars worth of Fast-Hash sales be factored into dividends this week or the following week?

Personally I'd prefer if Ken took that sales money and put it toward the NRE to get the new chips made. This way we get the new machines to the market faster, meaning more profit in the long run.

Wrong - pay out the divs. If the market believes that putting the money back into dev costs we will rebuy the shares being issued.
member
Activity: 119
Merit: 10
Personally I'd prefer if Ken took that sales money and put it toward the NRE to get the new chips made. This way we get the new machines to the market faster, meaning more profit in the long run.
Agreed, I think making NRE costs should be #1 priority so we can get that ball rolling. I'd even be willing to give up current mining dividends, BUT I don't think that would get us very far in selling the rest of those shares.
full member
Activity: 196
Merit: 100
Will the several thousand dollars worth of Fast-Hash sales be factored into dividends this week or the following week?

Personally I'd prefer if Ken took that sales money and put it toward the NRE to get the new chips made. This way we get the new machines to the market faster, meaning more profit in the long run.
full member
Activity: 238
Merit: 100
Will the several thousand dollars worth of Fast-Hash sales be factored into dividends this week or the following week?
member
Activity: 104
Merit: 10
Sorry if this has been addressed already, can't seem to find answer:

Just to be clear; if I'm holding AMC-PT on BTCT should I just sit tight and wait for the change over to Active Mining? Or should I go ahead and tender my shares of AMC-PT?

sit tight and wait

As someone playing the waiting game after tendering, I agree that you should sit tight.

Just wanted to let everyone know that I received my Active Mining shares Smiley took about 16 hours.  It is legit!

Thanks everyone for all your updates and info, and thanks to the top dog Ken Smiley
hero member
Activity: 658
Merit: 500
decentralize EVERYTHING...
hero member
Activity: 671
Merit: 500
sr. member
Activity: 392
Merit: 250
incredible.. I will hold on now..
hf
member
Activity: 98
Merit: 10
there will be no fucking vegetables
It seems emails sent to [email protected] are not getting through.

Code:
This is an automatically generated Delivery Status Notification.

Delivery to the following recipients failed.

       [email protected]




Final-Recipient: rfc822;[email protected]
Action: failed
Status: 5.7.1
Diagnostic-Code: smtp;550 5.7.1 SPF unauthorized mail is prohibited.

...but my email IS authorized. It was solicited by kslaughter himself!
I was in the same situation, exact same error message. You should PM Ken, he'll take care of it as he did for my shares. Smiley
sr. member
Activity: 294
Merit: 250
$32,791 Of Our Fast-Hash-One Machines Sold so far today.

Congratulations Ken, all at AM/AMC/VMC and respective shareholders. Today is a good day.
sr. member
Activity: 476
Merit: 250
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