[ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] - page 38.

kleeck

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https://karatcoin.co

Quote from: keepinithamsta on February 04, 2014, 03:36:38 PM

That's kind of scary seeing so little volume with the share price at 0.0005 for nearly 24 hours. I don't even want to think about what the bottom is going to be when that built up tension gets released of people wanting to get out.

~53,000 shares @ .0005 and now we're seeing some light buying @ .0006.

mainline

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Quote from: minerpart on February 04, 2014, 03:27:37 PM

Good move on the shares Ken, putting them into different price levels means the market has more of a say in finding the value it wants to pay for them - better than assigning an arbitrary 0.0005.

And hopefully this means there will be excess funds going back to WeEx users.

Yep. Staggered sell wall, AKA Intellisell(tm).
Cheesy

I hope the competition doesn't catch wind of this...

keepinithamsta

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That's kind of scary seeing so little volume with the share price at 0.0005 for nearly 24 hours. I don't even want to think about what the bottom is going to be when that built up tension gets released of people wanting to get out.

minerpart

sr. member

Activity: 280

Merit: 250

IIIIII====II====IIIIII

Good move on the shares Ken, putting them into different price levels means the market has more of a say in finding the value it wants to pay for them - better than assigning an arbitrary 0.0005.

And hopefully this means there will be excess funds going back to WeEx users.

Edit - BF and BTC-TC were not closed down by Ken. Since the cessation of trading we have pushed Ken to implement Coloured Coins or some other long-term solution. He has only had a few weeks to go from CC (which we all voted for in a Poll) to C-T. In that time he has been cutting deals so he's been very busy. This re-float can't be rushed, it has to be done properly first time. That is why we are delayed.

nyc77

newbie

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I can't believe this. Someone please pinch me?

Btw, this is your CEO speaking...

interJ

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Quote from: kslaughter on February 04, 2014, 03:23:28 PM

Quote from: interJ on February 04, 2014, 03:19:31 PM

Quote from: kslaughter on February 04, 2014, 03:05:25 PM

Quote from: shaofis on February 04, 2014, 07:24:22 AM

Let's not forget normal action for Ken would be to sue Ukyo for the money owed and Ukyo has already stated that if anyone were to sue him he'd just declare bankruptcy and that no one would get paid.

Ken has no obligation to Ukyo's debts and only has obligation to his shareholders regarding this transaction.

That said; I don't think anyone really has issue with the price... the real issue is that Ken has started trading shares before he's returned access to our own. If we were open trading right now the market would set that price not Ken. We should have resumed normal trading before Ken dumped those shares; you can make what ever excuse you want about it... it just is wrong to do it this way.

You made the point that Ukyo could declare bankruptcy. This is why we have to have a fire sale at this time. Should Ukyo declare bankruptcy, the court would put a stay on selling any of his assets, and Active Mining would be stuck until the court confirmed that our lien on the shares comes before other debtors. So, this is the reason for putting up the shares at this time ahead of other shareholders being allowed to trade.

So do you admit that you are willfully withholding shareholder access to their shares while you have unimpeded access to the market?

...and you think this is ethical... how exactly?

No, I am not willfully withholding shareholder access to their shares to have unimpeded access to the market. I am liquidating the shares due to the above reasons.

Quote

putting up the shares at this time ahead of other shareholders

How do you figure that doesn't constitute as anything BUT withholding access to our shares?

kslaughter

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Quote from: interJ on February 04, 2014, 03:19:31 PM

Quote from: kslaughter on February 04, 2014, 03:05:25 PM

Quote from: shaofis on February 04, 2014, 07:24:22 AM

Let's not forget normal action for Ken would be to sue Ukyo for the money owed and Ukyo has already stated that if anyone were to sue him he'd just declare bankruptcy and that no one would get paid.

Ken has no obligation to Ukyo's debts and only has obligation to his shareholders regarding this transaction.

That said; I don't think anyone really has issue with the price... the real issue is that Ken has started trading shares before he's returned access to our own. If we were open trading right now the market would set that price not Ken. We should have resumed normal trading before Ken dumped those shares; you can make what ever excuse you want about it... it just is wrong to do it this way.

You made the point that Ukyo could declare bankruptcy. This is why we have to have a fire sale at this time. Should Ukyo declare bankruptcy, the court would put a stay on selling any of his assets, and Active Mining would be stuck until the court confirmed that our lien on the shares comes before other debtors. So, this is the reason for putting up the shares at this time ahead of other shareholders being allowed to trade.

So do you admit that you are willfully withholding shareholder access to their shares while you have unimpeded access to the market?

...and you think this is ethical... how exactly?

No, I am not willfully withholding shareholder access to their shares to have unimpeded access to the market. I am liquidating the shares due to the above reasons.

interJ

newbie

Activity: 37

Merit: 0

Quote from: kslaughter on February 04, 2014, 03:05:25 PM

Quote from: shaofis on February 04, 2014, 07:24:22 AM

Let's not forget normal action for Ken would be to sue Ukyo for the money owed and Ukyo has already stated that if anyone were to sue him he'd just declare bankruptcy and that no one would get paid.

Ken has no obligation to Ukyo's debts and only has obligation to his shareholders regarding this transaction.

That said; I don't think anyone really has issue with the price... the real issue is that Ken has started trading shares before he's returned access to our own. If we were open trading right now the market would set that price not Ken. We should have resumed normal trading before Ken dumped those shares; you can make what ever excuse you want about it... it just is wrong to do it this way.

You made the point that Ukyo could declare bankruptcy. This is why we have to have a fire sale at this time. Should Ukyo declare bankruptcy, the court would put a stay on selling any of his assets, and Active Mining would be stuck until the court confirmed that our lien on the shares comes before other debtors. So, this is the reason for putting up the shares at this time ahead of other shareholders being allowed to trade.

So do you admit that you are willfully withholding shareholder access to their shares while you have unimpeded access to the market?

...and you think this is ethical... how exactly?

minerpart

sr. member

Activity: 280

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IIIIII====II====IIIIII

Quote from: VinceSamios on February 04, 2014, 03:15:49 PM

Sell wall has been lifted... new wall coming?

That would make sense, 20%+ in a day sold.

knybe

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Activity: 658

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decentralize EVERYTHING...

Quote from: VinceSamios on February 04, 2014, 03:15:49 PM

Sell wall has been lifted... new wall coming?

broken down into shorter walls.

minerpart

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Quote from: VolanicEruptor on February 04, 2014, 03:06:16 PM

I had to dig this up to show you guys, all of Kens bullshit is predictable from this point on.

With 20 or 30 shares selling at 0.01BTC over 2 weeks it doesn't take a rocket scientist to determine the price was too high. But why not congratulate yourself on that prediction. No-one else spotted it:

Quote from: minerpart on January 28, 2014, 11:50:34 AM

I would not buy them at 0.01 right now. The news and situation right now suggests a price of 0.004BTC per share and above for this company.

VinceSamios

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Sell wall has been lifted... new wall coming?

nyc77

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Quote from: kslaughter on February 04, 2014, 03:05:25 PM

Quote from: shaofis on February 04, 2014, 07:24:22 AM

Let's not forget normal action for Ken would be to sue Ukyo for the money owed and Ukyo has already stated that if anyone were to sue him he'd just declare bankruptcy and that no one would get paid.

Ken has no obligation to Ukyo's debts and only has obligation to his shareholders regarding this transaction.

That said; I don't think anyone really has issue with the price... the real issue is that Ken has started trading shares before he's returned access to our own. If we were open trading right now the market would set that price not Ken. We should have resumed normal trading before Ken dumped those shares; you can make what ever excuse you want about it... it just is wrong to do it this way.

You made the point that Ukyo could declare bankruptcy. This is why we have to have a fire sale at this time. Should Ukyo declare bankruptcy, the court would put a stay on selling any of his assets, and Active Mining would be stuck until the court confirmed that our lien on the shares comes before other debtors. So, this is the reason for putting up the shares at this time ahead of other shareholders being allowed to trade.

LOL. "You wanna sell your shares to get out of this? Not until you've bought the 220k shares I put up!"

ROFLMAO

This is getting more awesome by the hour...

VolanicEruptor

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Quote from: VolanicEruptor on January 22, 2014, 07:28:41 PM

Quote from: minerpart on January 22, 2014, 06:52:54 PM

Yep Uyko's shares, part of the 10Mill and if Uyko had them he'd probablly be desperate for BTC and selling them himself for 0.0025.

So ken puting them at 0.01 is doing us no harm whatsoever.

You think he's actually going to sell any for .01? Of course not.
My prediction : He will keep lowering that price until he sells them. Watch.

I had to dig this up to show you guys, all of Kens bullshit is predictable from this point on. Watch it all collapse. as he tries to squeeze every last dime out of us.

Leave Ukyo out of this, there is no value left in this company.

kslaughter

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Activity: 476

Merit: 250

Quote from: shaofis on February 04, 2014, 07:24:22 AM

Let's not forget normal action for Ken would be to sue Ukyo for the money owed and Ukyo has already stated that if anyone were to sue him he'd just declare bankruptcy and that no one would get paid.

Ken has no obligation to Ukyo's debts and only has obligation to his shareholders regarding this transaction.

That said; I don't think anyone really has issue with the price... the real issue is that Ken has started trading shares before he's returned access to our own. If we were open trading right now the market would set that price not Ken. We should have resumed normal trading before Ken dumped those shares; you can make what ever excuse you want about it... it just is wrong to do it this way.

You made the point that Ukyo could declare bankruptcy. This is why we have to have a fire sale at this time. Should Ukyo declare bankruptcy, the court would put a stay on selling any of his assets, and Active Mining would be stuck until the court confirmed that our lien on the shares comes before other debtors. So, this is the reason for putting up the shares at this time ahead of other shareholders being allowed to trade.

knybe

hero member

Activity: 658

Merit: 500

decentralize EVERYTHING...

Quote from: SoylentCreek on February 04, 2014, 02:41:32 PM

I'm merely checking in to see if we have started trading yet. I see that Ken has apparently valued the listed shares at .0005 per unit, which is the original AMC IPO. Not quite sure how I feel about that, but I guess we'll know soon how this will play out. If it wasn't for the fact that I have committed to not investing another satoshi into this company until we at least get our dividends that we are owed, I would consider tossing another Bitcoin or two in at these prices. I may indeed regret not doing that in a few months, but Ken has a ways to go before I entrust anymore of my money to him.

+1 well put sir.

SoylentCreek

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Quote from: stenkross on February 04, 2014, 02:33:29 PM

Quote from: damiano on February 04, 2014, 10:45:48 AM

I dont even know why I come to the shit show anymore

Every day I hope to pick out something useful

+1

I'm merely checking in to see if we have started trading yet. I see that Ken has apparently valued the listed shares at .0005 per unit, which is the original AMC IPO. Not quite sure how I feel about that, but I guess we'll know soon how this will play out. If it wasn't for the fact that I have committed to not investing another satoshi into this company until we at least get our dividends that we are owed, I would consider tossing another Bitcoin or two in at these prices. I may indeed regret not doing that in a few months, but Ken has a ways to go before I entrust anymore of my money to him.

minerpart

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If all you people who keep saying this thread is shit actually made some quality posts instead of just logging on to say 'this thread is shit'...well this thread might get a bit better maybe?

100% of the nonsense on here is due to Trolls. That's bitcointalk for you. So do feel free to slag the thread and by implication everyone on it, but also be aware that the Trolls are laughing up their sleeves when you say that.

stenkross

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Quote from: damiano on February 04, 2014, 10:45:48 AM

I dont even know why I come to the shit show anymore

Every day I hope to pick out something useful

+1

babybonobo

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Activity: 278

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#hardworkpaysoff

While y'all argue over useless conspiracy theories and crumbs-like clown talk (you are so annoying and immature), others are making their own decisions and strategies. Not everybody tells all, here. I personally think that the shares will all sell. I may disagree with how this was done, but going on creative speculation rampages is not helpful for your own sanity or the sanity and productivity of others. There are a lot of ways to see this, and the future will show us the results--not speculation. Instead of making information up, IMO it is wiser to wait and make plans, albeit unfortunate.

Topic: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] - page 38. (Read 771276 times)