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Topic: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] - page 115. (Read 771280 times)

hero member
Activity: 602
Merit: 500
myBitcoin.Garden
The Board of Advisors would have been well aware of the effect their resignation would have on moral and consequently share price.  If any of them sold a single share prior to issuing their resignation statement then it's insider trading.  The audacity of someone who may well have colluded with other Board Members to then come in here and mount a passive aggressive attack on ActM is shocking.  It's no wonder Ken is clearly riled by FFS69's antics.
sr. member
Activity: 280
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I will get my lawyers onto you FF69. How do you like the sound of that? Bloody muppet.
hero member
Activity: 756
Merit: 501
I said months ago that I sold them when I quit and I have had no ActM shares since then.

I'm also not going to get into an argument with you ken because despite what you may think, I actually want you to make this work. However, it's depressing seeing a mistake like that happen and it's a symptom of you needing help running your business rather than it all being on your shoulders. This is the kind of mistake that shouldn't be happening.

Still insider trading, you sold on inside information.  That is a lot worst that anything I may have done.  That is like the pot calling the kettle black.


If FF69 had insider information to trade upon, then you would be liable for that trading under regulation FD.

I'm sure the SEC has much larger axes to grind with you than selective disclosure of material information.
sr. member
Activity: 364
Merit: 250
I think it was a joke dude. You are just too slow to get it. FF69 said last week in a large post on here he had no more info that the rest of us. All the Board members have said the same. They advised about strategic decisions. The only stuff they knew about was potential product line and that was to advise on it.

To correct that slightly, I also knew what ken was experimenting with regarding Intellihash as I guessed what it was. I will not be revealing what it is unless ken says I can, although I am not under NDA.

We played around with product line ideas and prices/costs, and we did know about the fact that eASIC had signed a few days before the press release. I did no trade on that and afaik no one else did. We didn't have any proof so we were waiting on the pr as much as anyone.

We disagreed massively on the whole sales and marketing side. Ken was and probably is adamant that he was right.

If general, Ken keeps his cards close to his chest.

Ken, I sold because primarily I had no faith in the sales and marketing. Your commercial approach and mine are completely different. We hadn't hidden our opinion by that point, people were well aware of our issues with the website, logo, et al.

May I suggest that dragging things up isn't the most positive thing to do either. It's also not the point. You mislead people over sales and that was extremely silly. Just be straight. Delays happen.

It's also disappointing that you come here to attack me when I have actually defended you a lot in the past, and I will still vehemently defend that you are doing what you believe is right for the company, rather than to actually address valid questions many people who have had concerns and questions in the last 4 months. It is not all cover by NDA, you are choosing not to answer them. That's your right, but don't then come posting what you just did. It's just odd.
sr. member
Activity: 476
Merit: 250
I said months ago that I sold them when I quit and I have had no ActM shares since then.

I'm also not going to get into an argument with you ken because despite what you may think, I actually want you to make this work. However, it's depressing seeing a mistake like that happen and it's a symptom of you needing help running your business rather than it all being on your shoulders. This is the kind of mistake that shouldn't be happening.

Still insider trading, you sold on inside information.  That is a lot worst that anything I may have done.  That is like the pot calling the kettle black.
sr. member
Activity: 280
Merit: 250
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Loaded statement.

I don't think it was a mistake. I think it is smart business to exaggerate your successes and keep quiet about your set-backs.

Actually every successful company does exactly that.
sr. member
Activity: 364
Merit: 250
I said months ago that I sold them when I quit and I have had no ActM shares since then.

I'm also not going to get into an argument with you ken because despite what you may think, I actually want you to make this work. However, it's depressing seeing a mistake like that happen and it's a symptom of you needing help running your business rather than it all being on your shoulders. This is the kind of mistake that shouldn't be happening.


sr. member
Activity: 280
Merit: 250
IIIIII====II====IIIIII
I think it was a joke dude. You are just too slow to get it. FF69 said last week in a large post on here he had no more info that the rest of us. All the ex-Board members have said the same. They advised about strategic decisions. The only stuff they knew about was potential product line choices and that was to advise on it.
full member
Activity: 196
Merit: 100
Sorry zum, I know how you feel and I know this is probably aggravating you which I don't mean. I have no interest beyond wanting to see ken do things right and people not be mislead.

I also think ken himself needs telling not to be so daft sometimes. He will likely admit it himself. What he did here was a serious error of judgement and is another example of why he needs some help.

However much you believe in ken, you cannot have the CEO making mistakes like this. Perhaps he should hire you to help!

I see that you did not say what your timing was when you sold your shares.  Mostly likely you sold because of being on the board and having inside information. 

You're getting yourself into more trouble again.   Cheesy  The board was never intended to have inside information, you said that yourself when you started it.
sr. member
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Fine, so why you here?

Please don't answer that - just F-Off.
newbie
Activity: 42
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lol good one Ken. He is the Pot calling the Kettle black.



F-Off Bitdust, you are not even a shareholder.

No one with an IQ out of the single digits is a "shareholder" in this ridiculousness.
hero member
Activity: 602
Merit: 500
myBitcoin.Garden
I asked the question twice and on both times got no response from FFS69.  Just goes to show that for some people it's easier to call some dishonest than display attributes of honesty themselves.
sr. member
Activity: 280
Merit: 250
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lol good one Ken. He is the Pot calling the Kettle black.



F-Off Bitdust, you are not even a shareholder.
newbie
Activity: 42
Merit: 0
Sorry zum, I know how you feel and I know this is probably aggravating you which I don't mean. I have no interest beyond wanting to see ken do things right and people not be mislead.

I also think ken himself needs telling not to be so daft sometimes. He will likely admit it himself. What he did here was a serious error of judgement and is another example of why he needs some help.

However much you believe in ken, you cannot have the CEO making mistakes like this. Perhaps he should hire you to help!

I see that you did not say what your timing was when you sold your shares.  Mostly likely you sold because of being on the board and having inside information. 

This is an Inception layer cake of stupid.
sr. member
Activity: 476
Merit: 250
Sorry zum, I know how you feel and I know this is probably aggravating you which I don't mean. I have no interest beyond wanting to see ken do things right and people not be mislead.

I also think ken himself needs telling not to be so daft sometimes. He will likely admit it himself. What he did here was a serious error of judgement and is another example of why he needs some help.

However much you believe in ken, you cannot have the CEO making mistakes like this. Perhaps he should hire you to help!

I see that you did not say what your timing was when you sold your shares.  Mostly likely you sold because of being on the board and having inside information. 
sr. member
Activity: 280
Merit: 250
IIIIII====II====IIIIII
What he did here was a serious error of judgement IMHO

Fixed that for you.
sr. member
Activity: 364
Merit: 250
Sorry zum, I know how you feel and I know this is probably aggravating you which I don't mean. I have no interest beyond wanting to see ken do things right and people not be mislead.

I also think ken himself needs telling not to be so daft sometimes. He will likely admit it himself. What he did here was a serious error of judgement and is another example of why he needs some help.

However much you believe in ken, you cannot have the CEO making mistakes like this. Perhaps he should hire you to help!
hero member
Activity: 602
Merit: 500
myBitcoin.Garden
I said what I wanted to say. What ken posted was clearly and intentionally misleading and he never replied to anyone until now despite numerous people asking about what was shipped and so on.

Now if he has a good reason (and he may) then he should come out with it, but having dealt with ken I expect it was for the reason I suggested, to help protect the company. That doesn't make it less illegal. Securities fraud includes spreading misleading information through the internet. You cannot get out of it by saying he didn't explicitly say miners, mentioned delayed chips, and so on. You can't claim it was a good pr job. He had plenty of time to put people right as well.

That doesn't mean he won't come good or that this the business is a scam, and for the record I don't believe this to be the case. However, it reflects extremely badly on the CEO and creates a legal minefield.

All bitcoin securities are in a legal grey area and particularly if based in Belize, but the sec do care about fraud or investors losing money. They would likely only make a move if it got serious enough and they thought they could wade through the grey areas, which is unlikely to be easy.

Even so, this cannot happen again and it's appalling that it happened in the first place. It was an incredibly stupid and risky thing to do.

I really hope he comes through in the next few weeks with a lot of good news.

Ken, for fuck's sake, you just have to tell it straight sometimes.

What the fuck are you playing at FFS69? Do you think this shit stirring is doing any of us any favours?  You sold your shares and fucked off remember?  So now you are back to get Ken in trouble with the law and that serves the current shareholders interests, how exactly?  What exactly IS your game?  So answer me, did you and your merry band of Advisors sell your ActM shares before or after you all resigned your positions and fucked off to NEO?

I'm reading the language in your posts and in between the lines I'm smelling bullshit.

"I really hope he comes through in the next few weeks with a lot of good news.".  These are your words, now tell me why do you, '"..really hope..".  Is it because as a NON shareholder you have shareholders best interests at heart?  I think not.
sr. member
Activity: 280
Merit: 250
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I lose all hope sometimes in this thread.

You could attack any company on Wall Street by finding 'exaggerations' in their news releases. Business is very often all about talking up your own company's product or sales or forecasts. Do you all live in a cave? Do any of you know how real business operates in the real world?

When a business releases a vague or exaggerated statement they do so to create good PR. Look at the statement from Overstock CEO Patrick Byrne today:

"I've been hearing from people all over the world — cult followers of Bitcoin — who say they are going to shift all of their shopping to Overstock.com,"

Do any of you actually believe that is true? Do you even think it has to be true to prevent him ending up in court? It's PR - something that makes the company look good.

Now please continue to talk down the company you hold shares in. Who needs Trolls when we have you lot.



newbie
Activity: 42
Merit: 0

The CEO is not allowed to mislead shareholders or buyers. The law is very strict on this.



I agree with the law. However I disagree that he has intentionally misled anyone. The language he used is very clear and concise. He said we had shipped 'products'. He did not say we had shipped miners!
...

ROFL Cheesy

Didn't crumbs say exactly the same thing?  Back then the shrewd financiers of this thread called it FUD, now they're using the same words to save face.
And, to keep the lulz coming, Bargraphics tells everyone that he got good feels from Ken.  Almost as good as he got from the Terrahash kids.

How To Invest Like A Pro, by Bargraphics:

1.  Give all of your money to a guy on the internet.
2.  After half a year goes by, everything turns to shit, and there is no chance left to unload your shrewd investment, find out what you invested in with a personal visit.
3.  ? ? ?
4.  Profit!
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