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Topic: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] - page 186. (Read 771520 times)

member
Activity: 70
Merit: 10
We're not in the world of normal shares, and in that world, having your shares non-tradeable for nearly an entire quarter would not only be unacceptable, but pretty catastrophic from a business perspective I'm sure (has this ever happened? I have no idea).

With that in mind, "in the world of normal shares" adds nothing to the conversation really.

In the world that we are in, when we don't have information, the only action we can take is to ask for information.
vip
Activity: 756
Merit: 504
You've quoted three annual reports - not weekly updates. Not answers to shareholders demands/questions. If you add up the amount of content provided by Ken/Active mining, proportional to the companies market cap, there is probably 1000x more info provided by Ken/ActM than these massive corporates. The same goes for update regularity.

I once invested in a gold mining startup - the only updates you would get is when they made positive progress. "We've secured the land", "We've secured the permits", "We've got the first test drills back and they say x y z", "We've mined xxx ounces of gold in the past 12 months" - None of this micromanaging shit people are trying to do with Ken/ActM

I am refuting your claim that "in the world of normal shares, where talking to the CEO is impossible, and your only info is quarterly (extremely vague) reports". As I had show, "in the world of normal shares" any business can provide detailed reports.

By the way, what is the market cap of ActiveMining?
sr. member
Activity: 378
Merit: 250
You wouldn't survive in the world of normal shares, where talking to the CEO is impossible, and your only info is quarterly (extremely vague) reports and the occasional press release.
People like you are exactly the reason scams happen and still happen.

+1

This man owns 60% of a company's profit that we put the money in for. The only verifiable evidence of anything he has done is a eAsic press release which is months old and some very temporary extra hashrate that came on in November. No one needs to defend him, he needs to answer questions about the core business and shareholder concerns. It doesn't matter if it is the holidays or not. If he would have answered the questions before the holidays, then he wouldn't have to worry about them during the holidays. It's as simple as that. None of this would work in the "real world" like many of you say. In the real world the stock price would be 0.0000000 and shareholders would have access to their shares. Ken needs hire a PR person who is dedicated to answering customers/investor's questions and marketing the company if he doesn't want to/can't/won't do it. Whether he wants to do it or not it needs to be done. We are at the point where everything the investors want to do is the opposite of what Ken is doing. If this is the case; either he doesn't have investor's best interest in mind, he is fooling us, he has very important information that needs to be shared, or he has no clue what he is doing.

I am at the point where I just ignore anything Ken says unless it mentions us mining or us getting access to our shares. Everything else is fluff that means absolutely nothing. "We are trying", "We are dedicated", "I have devoted 100% of my time"; none of this means anything. You can't value a company on this, you can't value your investment on this, you can't do anything with this but sit on your thumbs and wait till next wednesday and hope it isn't the same shit it was last week. (Which is what we have been doing for too long now).
sr. member
Activity: 448
Merit: 250
You wouldn't survive in the world of normal shares, where talking to the CEO is impossible, and your only info is quarterly (extremely vague) reports and the occasional press release.

This is just not true. That is NOT how shareholders of any legitimate enterprise are informed.

ADM report for the shareholders, 200 pages:

http://www.adm.com/en-US/investors/Documents/2012.5-Annual-Report.pdf

HSBC report for shareholders, 136 pages:

http://www.hsbc.ca/1/PA_ES_Content_Mgmt/content/canada4/pdfs/personal/interim-reports/2012/hsbc-annual-report-2012.pdf

Imtech report for shareholders, 96 pages:

http://imtech.com/Content/ImtechNV/pdf/Investors/Publications/Report%20to%20shareholders%20-%20FINAL.pdf

ActiveMining report for shareholders, 0 pages:

Weekly Update 1/1/14

Happy New Year!

The new year looks bright for Active Mining as we continue to assemble our miners for quick delivery.

Not a lot of changes from last weeks update:

We are also continuing to develop our Intellihash program and with our 2013 sales at $6,311,788.33 we have a very good share of the market.

We have been working 100% on our core business.

ActiveMining-PR Staff



You've quoted three annual reports - not weekly updates. Not answers to shareholders demands/questions. If you add up the amount of content provided by Ken/Active mining, proportional to the companies market cap, there is probably 1000x more info provided by Ken/ActM than these massive corporates. The same goes for update regularity.

I once invested in a gold mining startup - the only updates you would get is when they made positive progress. "We've secured the land", "We've secured the permits", "We've got the first test drills back and they say x y z", "We've mined xxx ounces of gold in the past 12 months" - None of this micromanaging shit people are trying to do with Ken/ActM
sr. member
Activity: 448
Merit: 250
No need to talk down to me by the way, this isn't personal.

My apologies if you fell through my "not a troll" filter - it's got pretty ramped settings in this thread.
vip
Activity: 756
Merit: 504
You wouldn't survive in the world of normal shares, where talking to the CEO is impossible, and your only info is quarterly (extremely vague) reports and the occasional press release.

This is just not true. That is NOT how shareholders of any legitimate enterprise are informed.

ADM report for the shareholders, 200 pages:

http://www.adm.com/en-US/investors/Documents/2012.5-Annual-Report.pdf

HSBC report for shareholders, 136 pages:

http://www.hsbc.ca/1/PA_ES_Content_Mgmt/content/canada4/pdfs/personal/interim-reports/2012/hsbc-annual-report-2012.pdf

Imtech report for shareholders, 96 pages:

http://imtech.com/Content/ImtechNV/pdf/Investors/Publications/Report%20to%20shareholders%20-%20FINAL.pdf

ActiveMining report for shareholders, 0 pages:

Weekly Update 1/1/14

Happy New Year!

The new year looks bright for Active Mining as we continue to assemble our miners for quick delivery.

Not a lot of changes from last weeks update:

We are also continuing to develop our Intellihash program and with our 2013 sales at $6,311,788.33 we have a very good share of the market.

We have been working 100% on our core business.

ActiveMining-PR Staff

member
Activity: 70
Merit: 10
No need to talk down to me by the way, this isn't personal.
sr. member
Activity: 448
Merit: 250
No, but as there's zero communication outside of the wednesday updates (and clearly time for Ken to give that update) an update on the delay from 2 weeks ago would have been appreciated.  Any time off holidays, whatever, is fine, and shouldn't stop a time estimate for the remaining work being communicated.  Just needs to be rough "Within the next 2 weeks" or something, not "Soon" again.

Not trying to stir up shit or start another troll-fest, just a shareholder requesting information.

You wouldn't survive in the world of normal shares, where talking to the CEO is impossible, and your only info is quarterly (extremely vague) reports and the occasional press release.

We will get chips
We will get miners
We will get orders
We will get news

Chillax ffs.
member
Activity: 70
Merit: 10
No, but as there's zero communication outside of the wednesday updates (and clearly time for Ken to give that update) an update on the delay from 2 weeks ago would have been appreciated.  Any time off holidays, whatever, is fine, and shouldn't stop a time estimate for the remaining work being communicated.  Just needs to be rough "Within the next 2 weeks" or something, not "Soon" again.

Not trying to stir up shit or start another troll-fest, just a shareholder requesting information.
sr. member
Activity: 448
Merit: 250
For goodness sake children - did you really expect a change between christmas and new years day? Even if ken is working, nobody else is.
member
Activity: 70
Merit: 10
"Soon" then "sorry for the delay" then two whole weeks of silence.  Soon = days, not months.  Give us an estimated trading date please Ken, this is getting stupid.
member
Activity: 103
Merit: 10
Ken please give us a real update. Let's start with the following.

1. Crypto-Trade.com - Please give us a DATE of when we will start trading.
2. Miners - Please take several detailed PICTURES of the assembled miners.
3. Chips - Please give us a DATE as to when we will receive chips for final assembly.
4. Farm - Please give us a PROJECTION as to how much hashpower we will bring online and a DATE as to when this will happen.

Please give us details and a few paragraphs of ActiveMining's game plan for Q1 2014. Thanks.

+1
full member
Activity: 240
Merit: 101
Weekly Update 1/1/14

Happy New Year!

The new year looks bright for Active Mining as we continue to assemble our miners for quick delivery.

Not a lot of changes from last weeks update:

We are also continuing to develop our Intellihash program and with our 2013 sales at $6,311,788.33 we have a very good share of the market.

We have been working 100% on our core business.

ActiveMining-PR Staff


Please update us on our shares, Ken.  I personally think we should wait for Colored Coin, but an update on plans would be great.

+1

I appreciate the updates, Ken, but what is the status of us going live on Crypto-Trade?

sr. member
Activity: 378
Merit: 250
sr. member
Activity: 644
Merit: 250
Don't you guys even have a portal or a way to look at what your miners are producing?   What miners do you own?   Surely you have more than the 6 avalons the last time I checked in?

Now you're thinking with portals! Nope, we know nothing and out pulling speculation out of our collective asses. It's fun!
legendary
Activity: 2478
Merit: 1020
Be A Digital Miner
Don't you guys even have a portal or a way to look at what your miners are producing?   What miners do you own?   Surely you have more than the 6 avalons the last time I checked in?
sr. member
Activity: 644
Merit: 250
Bid depth down to below 20btc on CT

This loss of confidence is even eradicating the lowest bids Sad

That's one theory; another is that someone didn't like having $80k on a small-time exchange.

Once trading is imminent the 100btc will either reappear (if I'm correct) or continue to be absent (if you're correct)

I'm personally not leaning either way, but will be interested in watching to see what happens.
legendary
Activity: 1176
Merit: 1015
Bid depth down to below 20btc on CT

I really wish Ken would say something about the shares, why are we not allowed to trade.

This loss of confidence is even eradicating the lowest bids Sad
sr. member
Activity: 644
Merit: 250
Bid depth down to below 20btc on CT
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