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Topic: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] - page 174. (Read 771512 times)

full member
Activity: 153
Merit: 100
Has anything actually happened to prompt this latest bout of complaints or is this just business as usual?
Business as usual. I think it is dawning on us that there isn't much left to hold on to. There is no way to prove any shares are ours, there is no way to prove a shareholder agreement exists, we can't trade, we don't know where the chips are or how far they are from being delivered, and the days keep rolling by.

I do believe somewhere I keep reading 16-18 weeks on new chips. Seems to be other supporters that I can't trace to evidence again....
https://bitcointalk.org/index.php?topic=297503.5500
legendary
Activity: 1176
Merit: 1015
25,000 BTC to be exact, goodluck with that

Lucky you, I need something closer to 0.004 to be break even, I got in higher than anyone.
hero member
Activity: 583
Merit: 500
Bitcoin for all & all for Bitcoin
This thread would be much more telling I it were full of Ken's feeble updates.
legendary
Activity: 1218
Merit: 1000
I had a dream last night that the first "product" we had shipped to customers just turned out to be complimentary bags of salt. For all intents and purposes this could very well be what has happened. Ken needs to show us something to prove that he has shipped mining equipment to customers. We need to see pictures of the chips. We need to see mining dividends from sample chips deposited to our mining address (WHAT THE FUCK even happened to that Ken?). Lastly LET US TRADE OUR FUCKING SHARES, you have made a promise that you havent kept (this is the worst part about it). All you cheerleaders need to pull your heads out of your asses, this man needs to get his shit together. Weekly updates are appreciated, but please GIVE US THE INFORMATION WE ALL WANT TO HAVE, even if it's bad news. Don't pussyfoot around the situation and pretend were all a bunch of monkey idiots. The only reason this company is still a topic of conversation is because of eASIC, NOTHING Ken has done has shown me that he is capable of doing anything properly (prove me wrong Ken)

Here's an idea: All concerned shareholders give Ken a call next week during Regular business hours and let him know in person what needs to be done. Because this is bullshit. We are the reason you have a company in the first place and YOU OWE US A LOT OF FUCKING MONEY. 25,000 BTC to be exact, goodluck with that


Ken can be reached at (855) 663-2482, maybe a barrage of phone calls and messages will stress the shareholders needs to this company a bit better than stupid forum banter
sr. member
Activity: 280
Merit: 250
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We have had our share exchange shut down by SEC

The exchanges were closed by their respective owners based on advice from their lawyers.

No exchange was actually closed by the SEC, the overarching threat of the SEC was the reason and it's likely the SEC would have stepped in if the owners had not followed the advice from their lawyers.

Well yes we know the SEC contacted with what we assume were cease and desist instructions. I know they didn't barge into Ukyo/Jons apartment and unplug his server. By saying they closed BF I mean they made instructions that caused it to be closed or put on sufficient pressure to cause that.
legendary
Activity: 1176
Merit: 1015
We have had our share exchange shut down by SEC

The exchanges were closed by their respective owners based on advice from their lawyers.

No exchange was actually closed by the SEC, the overarching threat of the SEC was the reason and it's likely the SEC would have stepped in if the owners had not followed the advice from their lawyers.
sr. member
Activity: 280
Merit: 250
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Ken's self-imposed deadlines over regular comms are being met.
We have 'shipped product'.
We have over 6Mill USD confirmed online orders.
We have had our share exchange shut down by SEC
All mined btc are being logged.
We are awaiting new batch of chips from eASIC - stated openly by Ken.

Now think about the last point. eASIC monitor this thread. They are intimately woven into this story. Do you think they would allow a statement like that to stand if it were untrue?
They would shut this thread down in a day if anything substantial like that were fabricated - they have a huge reputation in the silicon industry to maintain.

So every post from Ken which mentions in the passing anything to do with eASIC is fact. So the fact is, we are awaiting chips.

Now stop letting the Trolls wind you up guys. We are going to be grinning from ear to ear very soon.
sr. member
Activity: 378
Merit: 250
Has anything actually happened to prompt this latest bout of complaints or is this just business as usual?
Business as usual. I think it is dawning on us that there isn't much left to hold on to. There is no way to prove any shares are ours, there is no way to prove a shareholder agreement exists, we can't trade, we don't know where the chips are or how far they are from being delivered, and the days keep rolling by.
sr. member
Activity: 378
Merit: 250
I recall the post but it didn't say eASIC engineers it said 'our engineers'. Well the post I read said that anyway.

Well if that is the case then cool.

That would mean we have boards and real in the flesh eASIC chips! It's a downer they don't work but it's a step further than I thought we were.
But he deleted it - not sure when.

Even if the chips were a failure, there has to be a sample chip sitting around. eASIC had to have delivered something by now. Why can't we get a picture of a chip?
full member
Activity: 169
Merit: 100
Has anything actually happened to prompt this latest bout of complaints or is this just business as usual?
legendary
Activity: 1176
Merit: 1015
I recall the post but it didn't say eASIC engineers it said 'our engineers'. Well the post I read said that anyway.

Well if that is the case then cool.

That would mean we have boards and real in the flesh eASIC chips! It's a downer they don't work but it's a step further than I thought we were.
sr. member
Activity: 280
Merit: 250
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I recall the post but it didn't say eASIC engineers it said 'our engineers'. Well the post I read said that anyway.
legendary
Activity: 1176
Merit: 1015
Does anyone recall the comment from Ken that he was working with eASIC engineers to get the chips and boards working? That comment has been deleted.

Well the eASIC engineers shouldn't be anywhere near the boards. They design a chip and specification and Ken takes that to produce boards. If the eASIC engineers are looking at boards I feel something is going awry.
sr. member
Activity: 378
Merit: 250
Even if this whole thing is a big scam I would at least like to have an eASIC chip as a souvenir. I deserve that. Show me a chip - there has to be something. Either absolutely no chips have been delivered yet (not even samples) or the chips are being hidden. If they haven't been delivered then either eASIC screwed-up or the design was flawed.

Does anyone recall the comment from Ken that he was working with eASIC engineers to get the chips and boards working? That comment has been deleted.
legendary
Activity: 1176
Merit: 1015
We really need something substantial from Ken at this point.

I disagree. We are still on schedule on the amended time-scale. You are just piling on pressure for no reason. January is the month for full delivery on this project. You know we are currently waiting for the new batch of chips. Relax.

You can't be serious. We really have no idea where we are in the schedule, and we are still unable to trade shares. I know it isn't Ken's fault directly with regards to the shares, but he hasn't addressed this in weeks. This is poor communication from the man we invested in. We do need something more substantial from Ken.

In my short time here, I feel like investing in Bitcoin securities is like playing Russian roulette with 5/6 of the chambers loaded

Well unless you can play the market and sell on a high, I think 99% of every Bitcoin security actually failed to bring in more Bitcoin.
full member
Activity: 240
Merit: 101
Assuming that the chip delivery timeline started on the day of the announcement, we are in week 17. That means we should be on the verge of full-scale production. Of course this does not include the delays. It would be nice if we could at least get an estimate.

I do hope we are on the verge of full-scale production. That is what keeps me glued to this company: the potential

But you said it yourself: we're basing all this off of assumptions, and we don't have much confirmed in terms of length of delays

Only time will tell, as usual.
sr. member
Activity: 378
Merit: 250
Assuming that the chip delivery timeline started on the day of the announcement, we are in week 17. That means we should be on the verge of full-scale production. Of course this does not include the delays. It would be nice if we could at least get an estimate.
full member
Activity: 240
Merit: 101
We really need something substantial from Ken at this point.

I disagree. We are still on schedule on the amended time-scale. You are just piling on pressure for no reason. January is the month for full delivery on this project. You know we are currently waiting for the new batch of chips. Relax.

You can't be serious. We really have no idea where we are in the schedule, and we are still unable to trade shares. I know it isn't Ken's fault directly with regards to the shares, but he hasn't addressed this in weeks. This is poor communication from the man we invested in. We do need something more substantial from Ken.

In my short time here, I feel like investing in Bitcoin securities is like playing Russian roulette with 5/6 of the chambers loaded
sr. member
Activity: 378
Merit: 250
What happened to the statement in one of Ken's updates where he said: "We are working with eASIC engineers to get the chips on our boards"?

Ken, provide us with a real update that specifies what our timeline is and what is going on with the shares.
sr. member
Activity: 280
Merit: 250
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I was recommended to ACtM
by whom? do you realize you probably bought their shares?


By someone I know personally and who still has their shares...well, Ken has them.  Cheesy
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