Topic: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] - page 114. (Read 771280 times)

8 out of 10 cats, whose owners preferred it, said their cats also preferred it.

LOL.

I would agree with most of that. The use of the word fraud, misuse is a bit strong. If this were fraud Ken would be in Mexico by now and we all be talking about how we wished we were scammed by labcoin. If Ken is smart he's going to take the time that has been spent doing {put your own info here} and realize the potential of the hashrate's ability to go up. If he was to print chips when we thought the hashrate would max out at 50% a mo we would be getting killed. We will print chips, we will make boards for those chips. What we do with them and when they come out is the only question at this point.  

So WTF are you on about then. There has been no fraud, no misrepresentation of information. There has only been PR in this instance.

I did not for one minute believe that shipped product meant mining machines or rigs. If you or anyone else did that is your right. It doesn't make Ken a criminal, it just means you misunderstood the implications of VMC having shipped 'product'.

If I think 'New Improved Recipe' means the product's recipe has been improved to be more healthy for me then that's my assumption, but it would be wrong, as it's usually been 'improved' for more flavour. Just because a statement is vague doesn't mean you can apply your own strict interpretation to it and have that upheld in a court of law. That is just not how the world works.  

None of this is properly covered by the SEC. Picking over specifics isn't really helpful.

My due diligence resulted in words like grey area, cluster fuck, no one knows... And the result was in the immediate future the real concerns are fraud through misrepresentation of information, misuse of investor funds, but primarily investors not getting their investment back. US investors that is.

Buy One get One Free.

New improved recipe.

Can help lower cholesterol (as part of a calorie controlled diet).

Because You’re Worth It

The future’s bright. The future’s Orange

Disclosing material non-public information to your advisory board is a violation of SEC reg?

For that post you can have 'up to 100% free of charge'.

You had a professional board of directors at a previous co and it went wrong? Maybe, but it is the best way to do things and you have to many responsibilities IMV.

If you were referring to us, we were volunteers with no say in the running of the business, part time in theory, unpaid, no information beyond the little disclosed, no formal position, and no contract. I am not complaining about it either, just pointing at the fact that it isn't what I am suggesting.

At the time you said it was tough to find the right person or people to join the management team, but that doesn't mean you shouldn't do it. Having management help and being able to delegate is a good thing!

You could do this or could try some other form of advisory, even if just one or two representatives but with a stricter remit. Maybe BarG or Zum or whatever, but at the very least solve the communication issue that persists.

Despite what you may think, I wish you good luck.

So is you buying your shares on BitFunder. Are you ready to go to jail punk?

So instead simply answering the main question that is going around "what product did you ship" you chose to point to someone who once tried to help you? Sounds like the old game "If the people suffer and you fear they will come after you give them a hint that a random group is guilty. So the anger is canalized away." Worked perfectly in the world history. And it looks users in here happily jump on it.
I would prefer the answer to what was shipped. If there was something shipped.

Before someone claims otherwise... i own a significant part of ActM.

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I guess you missed that a shareholder doesnt has a choice nowadays. Though i even wouldnt be able to chose when the shares are tradeable.

I saw how that worked out.

I will do that in the Wednesday PR's

True. In fact isn't it a bit more complex than that even? Anyway, it's not as simple as people seem to think and it's not really important at the mo. Of all the things to be looking at, I think I'd be more interested in if ken was just trying to protect the company by the wrong means (probably) and getting solid detail on the future.

snap

No No... Giving insider info is not against the law. Trading on that info is.

Forgot I had a delay in Atlanta. Of course my non-stop flight gets cancelled and I have to switch airlines to one with a stop.

Looks like you guys are already passed a full two pages. Impressive.

I shared the same opinion as FF69 that it was misleading. I expressed this to Ken myself. I was less worried about it in all due to shares being untradable during the announcement and still now after clarifying.

Looking forward to upcoming announcements. Continue ignoring the trolls guys and keeping discussion constructive. Stay crazy VE, don't less us down.

Ken, if you're on-line now, would you care to address some more pertinent questions and concerns about what's going on with the company?

It happens even bigger time on Wall Street every day of the week. What's the point? Are NeoBee clean? I doubt that. Do you want the SEC investigating NeoBee because some freaky Muppet on a forum claimed the CEO is misleading shareholders? I bet I could find numerous exaggerations or misleading statements from the NB CEO. I really can't be bothered though.

BTW you are suggesting it's inappropriate for family members to buy shares? It's not. Gerald works at the company so he needs to know operational details. That doesn't mean he can not legally hold shares. But obviously he must not trade them based on insider info. Good luck proving he's ever done that. Without a scanner in his mind you can't.

Yes as would Gerald. I have avoided pointing all this out before but individuals have repeatedly been told selective information, including VE back in the day. Read a few posts from the last few days and it's evidentially not changed. But meh, in the big scheme of things it's not something worth pulling people up on, Ken or Gerald included.

It happens big time with all bitcoin securities because they have all been in such a grey area, and it's not the primary concern of the sec as things stand. Asicminer was chock full of it. People getting their money back and fraud not being committed is what the sec probably care about most.

Zum - actually the share price didn't really move anywhere much when we quit. It more or less continued what it was doing. We thought quitting may affect it but we had no choice. Remember we were just a bunch of volunteers and it was feeling like we were playing whack a mole for a professional company, doing full time work unpaid and without much effect.

As for why we did it en masse, well not a lot of option. None of us wanted to continue without the rest, and we were all very unhappy by that point. Better to give a chance to start a new board or hire professionals internally, which is what we recommended. I still do.

I really think ken needs a proper professional boardroom.

To be fair there was a very slow decline after the board left, but yes no matter how you put it they got inside ACtM then decided to sell at a certain point when they had seen enough. It's suspicious that they all exited at the same time. Conspiratorial. Now they are all in NeoBee? Well I hope NeoBee haven't made any misleading statements.