[ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] - page 45.

VinceSamios

sr. member

Activity: 448

Merit: 250

Quote from: Subcide on February 04, 2014, 03:12:11 AM

Ken, will the 100 BTC be paid to shareholders as dividends?

Presumably it will be used to buy hashrate.

Personally I'm pretty pissed that Ken has stuck up a sell wall at 0.0005 - it's unnecessary and devalues everyone elses investment. That said, Ken isn't selling these shares on his personal behalf, they are being sold on behalf of the company.

kactech

newbie

Activity: 52

Merit: 0

lol @ 0.0005, Ukyo's daemon(the same one that was said to be powerless) still holds ActM's balls tight, even vaseline won't keep cheerleader morale now.

Quote from: kslaughter

I think the chances of him suing us is very low.

Let's see, guy holds 2% of active shares, 1/4 chances that he sue us, 1/3 that court will take(immediate) action on shares, company is selling them at 80% loss to cover costs in the amount of 0.6% of expected mid-term profits, risking 1/3 that court will force company to return sold shares to Ukyo, thin stock market is ruined, some shareholders will be forced to sell 3x more shares to cover some live expenses(there will be 100k wall @ 0.00075), Ukyo's creditors won't see a penny. Happily I'm holding only a dust.

Subcide

member

Activity: 70

Merit: 10

Ken, will the 100 BTC be paid to shareholders as dividends?

drawingthesun

legendary

Activity: 1176

Merit: 1015

Quote from: nyc77 on February 04, 2014, 02:50:34 AM

Quote from: nyc77 on February 03, 2014, 10:38:36 AM

Quote from: kslaughter on January 31, 2014, 01:44:48 PM

Quote from: nyc77 on January 31, 2014, 08:45:53 AM

Quote from: kslaughter on January 31, 2014, 08:15:12 AM

As soon as I get the verification program up on the server, then as investors get verified we will start sending the list over to CT to create the accounts which will include the shares. So, once the accounts are created then trading will start.

Ken, WHEN is this happening!?

Could you commit yourself to at least this one date in front of your shareholders?

Yes, I will be working on this the next few days. I don't see to many problems getting it running ASAP.

So what exactly did you achieve in the "next few days" since the 31st?

Soo, any more holdups? Oh right, Ken is asking for one last favor: Just let him sell shares that he holds exclusively, excluding all other shareholders, profiting from the biggest idiots buying at the highest prices. Just one last time...

He knows exactly that this clusterfuck has no future and is trying to get the very last coins in. While all of you hold still, standing at the sideline, watching.

But you can be sure he adds them to the "balance sheet" (lol?). Oh no, it's for legal fees. If Ukyo sues. Or maybe he will pay all of it out as dividends? Oh wait...

You make it sound like we don't mind! I hate hate not being able to trade my fucking shares its making me depressed and running my mental stability. But it doesn't matter!!!!! Nothing matters. We will only trade when we are allowed to no matter how much we kick and scream and see our futures get flushed down the toilet.

This situation is ruining my entire life.

nyc77

newbie

Activity: 42

Merit: 0

Quote from: nyc77 on February 03, 2014, 10:38:36 AM

Quote from: kslaughter on January 31, 2014, 01:44:48 PM

Quote from: nyc77 on January 31, 2014, 08:45:53 AM

Quote from: kslaughter on January 31, 2014, 08:15:12 AM

As soon as I get the verification program up on the server, then as investors get verified we will start sending the list over to CT to create the accounts which will include the shares. So, once the accounts are created then trading will start.

Ken, WHEN is this happening!?

Could you commit yourself to at least this one date in front of your shareholders?

Yes, I will be working on this the next few days. I don't see to many problems getting it running ASAP.

So what exactly did you achieve in the "next few days" since the 31st?

Soo, any more holdups? Oh right, Ken is asking for one last favor: Just let him sell shares that he holds exclusively, excluding all other shareholders, profiting from the biggest idiots buying at the highest prices. Just one last time...

He knows exactly that this clusterfuck has no future and is trying to get the very last coins in. While all of you hold still, standing at the sideline, watching.

But you can be sure he adds them to the "balance sheet" (lol?). Oh no, it's for legal fees. If Ukyo sues. Or maybe he will pay all of it out as dividends? Oh wait...

mainline

newbie

Activity: 56

Merit: 0

The questions about transferring your shares have been answered, please read Ken's announcements. Don't expect Ken to hold your hand, not while he's busy dumping shares. Have some respect for your CEO, FFS!
And for those of us watching from the sidelines.
Your surliness adds nothing to this spectacle, cheer up and stop killing our buzz.

JoTheKhan

sr. member

Activity: 378

Merit: 250

@Canth, yeah you don't need to do anything yet. Ken said 10 days ago he was going to begin the process 4 days ago. We need some kind of update about when it will begin.

canth

legendary

Activity: 1442

Merit: 1001

Quote from: knybe on February 03, 2014, 11:44:19 PM

Quote from: canth on February 03, 2014, 11:41:07 PM

Quote from: JoTheKhan on February 03, 2014, 10:59:26 PM

Quote from: somestranger on February 03, 2014, 10:50:05 PM

Quote from: SebastianJu on February 03, 2014, 10:24:45 PM

How should i prove when i transferred the shares to amc-tender when i cant login to bitfunder anymore? There arent emails sent out too it seems.

You sign a message with your bitcoin address.

Uh. No that's for people who didn't send their shares to AMC-TENDER. You should have taken a screenshot of your transaction log to show how many shares you have, your username and what date/time you sent your shares to Ken.

Just checking - at this point we still aren't expected to do anything, are we? I have the screenshot, etc but Ken hasn't asked us to submit that or a signed message, right?

no but he sure is "trading" up a storm with the Uyko lien.

Everyone has to have priorities. Ken, can we expect a date by which the shares will be available for trading? This is not a complicated development project - is it reasonable to expect it to be done in the next 10 business days or so?

knybe

hero member

Activity: 658

Merit: 500

decentralize EVERYTHING...

Quote from: canth on February 03, 2014, 11:41:07 PM

Quote from: JoTheKhan on February 03, 2014, 10:59:26 PM

Quote from: somestranger on February 03, 2014, 10:50:05 PM

Quote from: SebastianJu on February 03, 2014, 10:24:45 PM

How should i prove when i transferred the shares to amc-tender when i cant login to bitfunder anymore? There arent emails sent out too it seems.

You sign a message with your bitcoin address.

Uh. No that's for people who didn't send their shares to AMC-TENDER. You should have taken a screenshot of your transaction log to show how many shares you have, your username and what date/time you sent your shares to Ken.

Just checking - at this point we still aren't expected to do anything, are we? I have the screenshot, etc but Ken hasn't asked us to submit that or a signed message, right?

no but he sure is "trading" up a storm with the Uyko lien.

canth

legendary

Activity: 1442

Merit: 1001

Quote from: JoTheKhan on February 03, 2014, 10:59:26 PM

Quote from: somestranger on February 03, 2014, 10:50:05 PM

Quote from: SebastianJu on February 03, 2014, 10:24:45 PM

How should i prove when i transferred the shares to amc-tender when i cant login to bitfunder anymore? There arent emails sent out too it seems.

You sign a message with your bitcoin address.

Uh. No that's for people who didn't send their shares to AMC-TENDER. You should have taken a screenshot of your transaction log to show how many shares you have, your username and what date/time you sent your shares to Ken.

Just checking - at this point we still aren't expected to do anything, are we? I have the screenshot, etc but Ken hasn't asked us to submit that or a signed message, right?

mainline

newbie

Activity: 56

Merit: 0

Quote from: SebastianJu on February 03, 2014, 10:24:45 PM

So you hope he doesnt sue because he is too weak to sue... hm.
...

All this time you thought Ken was rescuing kittens to feed them rainbows...

I seem to recall someone suggesting otherwise. A while back maybe?

JoTheKhan

sr. member

Activity: 378

Merit: 250

Quote from: somestranger on February 03, 2014, 10:50:05 PM

Quote from: SebastianJu on February 03, 2014, 10:24:45 PM

How should i prove when i transferred the shares to amc-tender when i cant login to bitfunder anymore? There arent emails sent out too it seems.

You sign a message with your bitcoin address.

Uh. No that's for people who didn't send their shares to AMC-TENDER. You should have taken a screenshot of your transaction log to show how many shares you have, your username and what date/time you sent your shares to Ken.

somestranger

hero member

Activity: 487

Merit: 500

Are You Shpongled?

Quote from: SebastianJu on February 03, 2014, 10:24:45 PM

How should i prove when i transferred the shares to amc-tender when i cant login to bitfunder anymore? There arent emails sent out too it seems.

You sign a message with your bitcoin address.

SebastianJu

legendary

Activity: 2674

Merit: 1083

Legendary Escrow Service - Tip Jar in Profile

So you hope he doesnt sue because he is too weak to sue... hm.

How should i prove when i transferred the shares to amc-tender when i cant login to bitfunder anymore? There arent emails sent out too it seems.

mainline

newbie

Activity: 56

Merit: 0

Quote from: kslaughter on February 03, 2014, 09:34:14 PM

...
If we have the shares and he sues, the court could keep us from selling the shares. This way if he sues I have the 100 BTC to pay our legal fees. If he sues, we would definitely counter sue for our 100 BTC that he owes us. Since our chances to prevail on our counter suite would be very high, I think the chances of him suing us is very low. Also, It takes cash to sue someone, and I don't think he has any, so he says.

Keep doin' what you're doing. Do it *harder*, Ken, you know they love it, just too uptight to ask.
Oh god, how they love it, make them beg make them beg oh yeah umph ...
brb kleenex
.
.
...
..
.
OK, back.
Listen, Ken, don't bother explaining yourself to the trolls - that's exactly what they want you to do.
I and the rest of your long-term investors think you're doin' an awesome job. We love watching you pwn the doubters and the unbelievers.
Weak hands will always lose, Ken, and nature favors the bold!
Your legal instincts are right on - go with them!

kslaughter

sr. member

Activity: 476

Merit: 250

Quote from: SebastianJu on February 03, 2014, 09:20:25 PM

Quote from: JoTheKhan on February 03, 2014, 08:31:24 PM

Quote from: zefyr0s on February 03, 2014, 08:28:28 PM

Quote from: SebastianJu on February 03, 2014, 08:22:17 PM

Seriously? If true does that mean that users that dont have 2fA activated can get their accounts wiped out from shares and bitcoins? Or was this a joke?

Actually I think this has happened previously.

'

Who doesn't use 2FA? That is just nonsense though. Like if you have the money to invest in half of these companies. Go buy a cheap used Android/iPhone and use it for 2FA. You don't even need a contract, just wifi. No reception and it still works.

Right. I use 2FA. But i know there are plenty of users that dont. Especially noobs. And being able to log into an account someone other owns is a serious threat. I wonder how that happened.

Quote from: kslaughter on February 03, 2014, 09:01:02 PM

Quote from: navitatl on February 03, 2014, 06:17:03 PM

Quote from: kslaughter on February 03, 2014, 06:12:49 PM

Just want to recover Active Mining BTC, while we can. These are a bargain and should go very quick.

That implies little confidence that each share will receive .0005+ in dividends in a reasonable time frame. Otherwise THAT would be the best way to "recover Active Mining BTC".

You are not taking into account that Ukyo may do something legally to keep us from recovering our BTC. So, that is why we are having a fire sale on these shares.

I have to second the question... how will it help you if he sues and the shares are gone? At the end this little game might cost VMC even more than the 100BTC are worth. I dont see your logic behind but it looks a bit like being in the right and winning. More personal than that the 100 btc matters. Which would be a poor reason.

If we have the shares and he sues, the court could keep us from selling the shares. This way if he sues I have the 100 BTC to pay our legal fees. If he sues, we would definitely counter sue for our 100 BTC that he owes us. Since our chances to prevail on our counter suite would be very high, I think the chances of him suing us is very low. Also, It takes cash to sue someone, and I don't think he has any, so he says.

SebastianJu

legendary

Activity: 2674

Merit: 1083

Legendary Escrow Service - Tip Jar in Profile

Quote from: JoTheKhan on February 03, 2014, 08:31:24 PM

Quote from: zefyr0s on February 03, 2014, 08:28:28 PM

Quote from: SebastianJu on February 03, 2014, 08:22:17 PM

Seriously? If true does that mean that users that dont have 2fA activated can get their accounts wiped out from shares and bitcoins? Or was this a joke?

Actually I think this has happened previously.

'

Who doesn't use 2FA? That is just nonsense though. Like if you have the money to invest in half of these companies. Go buy a cheap used Android/iPhone and use it for 2FA. You don't even need a contract, just wifi. No reception and it still works.

Right. I use 2FA. But i know there are plenty of users that dont. Especially noobs. And being able to log into an account someone other owns is a serious threat. I wonder how that happened.

Quote from: kslaughter on February 03, 2014, 09:01:02 PM

Quote from: navitatl on February 03, 2014, 06:17:03 PM

Quote from: kslaughter on February 03, 2014, 06:12:49 PM

Just want to recover Active Mining BTC, while we can. These are a bargain and should go very quick.

That implies little confidence that each share will receive .0005+ in dividends in a reasonable time frame. Otherwise THAT would be the best way to "recover Active Mining BTC".

You are not taking into account that Ukyo may do something legally to keep us from recovering our BTC. So, that is why we are having a fire sale on these shares.

I have to second the question... how will it help you if he sues and the shares are gone? At the end this little game might cost VMC even more than the 100BTC are worth. I dont see your logic behind but it looks a bit like being in the right and winning. More personal than that the 100 btc matters. Which would be a poor reason.

JoTheKhan

sr. member

Activity: 378

Merit: 250

@Ken can we get an update on share liquidation situation?

int3ractivodular

sr. member

Activity: 280

Merit: 250

TECHNOLOGY, BABY!

Quote from: navitatl on February 03, 2014, 09:05:26 PM

Quote from: kslaughter on February 03, 2014, 09:01:02 PM

You are not taking into account that Ukyo may do something legally to keep us from recovering our BTC. So, that is why we are having a fire sale on these shares.

Why would that prevent him from doing something legally? Is it basically a "oops, already sold them" defense?

Yeah I'd like to know this as well. The price being this low is already disconcerting enough.

navitatl

member

Activity: 119

Merit: 10

Quote from: kslaughter on February 03, 2014, 09:01:02 PM

You are not taking into account that Ukyo may do something legally to keep us from recovering our BTC. So, that is why we are having a fire sale on these shares.

Why would that prevent him from doing something legally? Is it basically a "oops, already sold them" defense?

Topic: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] - page 45. (Read 771512 times)