Topic: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] - page 452. (Read 771302 times)

Yes, I agree that he is definitely not suited to be a PR person for the company

And I hope that he will hire somebody to that position soon.

I very much hope you are correct and it was just a poorly communicated off the cuff remark attempting to sympathize with frustration and say he is up to challenge.

Agreed, but as the leader of the company it is important to always project confidence no matter how stressful or frustrating. When he sounds like he doesn't believe in what we are doing, it makes us feel as if we should not believe either. And this comes at a time when we should be near results, not in the beginning trying to get this off the ground. We were speculating sample chips in two weeks or less. This should be an extremely optimistic time for us where we feel the future is bright. That is how I felt after his interview. If during that interview he said he wished he could quit how would that make you feel about our product?

Every time Ken comes on here he gets a few posts in then he starts getting slagged down by the trolls, VE, and the rest of the turn-coats. How would you feel being on the end of that constant personal attack?

Next we have the SEC and the exchange issue. Ken is no doubt under a lot of stress over that. He's seeing lawyers, worried about his personal freedom, trying to design a new exchange, will it be legal?

Next we have the unforseen huge increases in mining difficulty, which admittedly every mining firm has to deal with but it just makes margins that bit tighter.

It's absolutely no wonder he is feeling the strain. But you read what he said didn't you - he is manning up to this challenge. He has acted pro-actively with the exchange issue, and he is working his nuts off everyday to make this a success for us first and him second.

With the SEC crackdown and the difficulty rise you could say the shit has hit the fan. Its too late to issue a refund, all we have now is a website taking tens of thousands in orders, one of the most successful ASIC producers in the US making our chips and one determined mother F as CEO. We are nowhere near a crisis but Ken is the man you want at the helm right now. He is not going to let up, he is John McClane, he is pissed by the trolls, he is coming out fighting.

I can imagine all this is very stressful to Ken and I am actually glad he is honest about how he feels. Wishing you could just quit is very different from actually giving up. Who in their right mind does not think being an entrepreneur can be very frustrating at times?

Every time Ken comes online, he answers all the questions regarding the shares, with absolutely no mention of the actual operations of the company.  Look up "shell company".  This is what they commonly do..

Yep, I agree completely.

He didn't edit it, that was the actual response. Personally I would just like an explanation. Yes, Ken isn't a very good communicator, and I have accepted that we probably aren't going to get progress reports until we have samples. But, I did not expect him to respond that way, and I would like to know why. Knybe like others here went from being a loyal supporter to being very discouraged. I have always maintained that we are on track, all is well, and that nothing has changed. I never was deterred by falling share price because to be this is all about late November. Still going to believe that but far less sure with Ken saying that.

Just stop already. You have no context and due to your vast ability to drone on and on about nothing; are now thoroughly ignored.

Please do me the favor of doing likewise.

Yeah, who knows. Ken is definitely not a great writer. There's been so many times that people have misunderstood what he has said (rightfully so). I think people are freaking out, and that's understandable. The mining climate is changing a lot, and it's not the same investment that we all started with. I'm a pretty large investor too. This sort of freak out always happens when the price of bitcoin has gone up. People see that their investment has devalued in bitcoins, while the bitcoins have increased in value.

knybe has demonstrated his venomous side today whereas previously he just sounded like an immature kid whose rants suggested he felt the world owes him something.  I'm not entirely convinced he didn't edit the alleged PM from Ken as it's very simple to do.

Ken hasn't been online to defend himself.  A good indicator of that is if you see any posts from crumble that have still to be deleted.

I agree that is probably the root of his silence. However, he already gave us a projected timeline. If we are not on track with this we will soon know anyway. Saying he wishes he could get out but has responsibility to the shareholders still in is not a reassuring thing to say. Saying "I'm sorry you are leaving, very good things are in store for coming months but if you don't want to wait I understand" is a much better statement from a company who is supposedly about to receive sample chips and has promised a product by late November. There is nothing in an NDA about a general statement like that. To have a CEO say he wishes he could quit but can't doesn't give me that good of a feeling on our current state. I have been extremely supportive through this even after our main supporters began to jump ship. Not that this makes a difference, but I am also one of the top 10 shareholders so I have put my money where my mouth is so to speak. I am not giving up on this, but saying that in a private message was a poor choice and then Ken has not publicly explained himself and instead reacted with the trademark silence. It wouldn't take much to address it, or calm the fear this will cause. It wouldn't take much to reassure us that progress is being made. I'll even take the sentence progress is being made over the statement I wish I could quit. That interview a few weeks ago gave me a lot of reassurance. I wish I could leave too does not.

Unfortunately we don't have the luxury of time that most ventures have. Clock is ticking and everyday that goes by means another exponential inch of increase in difficulty. If we're not mining soon, like in the next three weeks (fat chance) then really what exactly are we doing? Starting a new illegal stock exchange?

This seems like the most likely reason to me. I think he would rather surprise us with good news than give us deadlines that he can't guarantee.

Maybe he doesn't want to say something and then those expectations not be met.

Inside trading is illegal and dirty. Ken has already had his hand slapped when he openly admitted, "DUHHH HEY GUYZ, I BUY SHAREZ TOO".  Remember that? 

Share issuers really have no reason to want to give good news to boost the price, especially when they are actively investing. Kinda evil but whatever.

Ken seems to get a kick out of being extremely vague.  As far as we know, he could have been talking about his dog.

I would say the remaining non-troll people here are generally pretty respectful. Asking for basic and general updates to our progress shouldn't be that much of a headache nor something unreasonable. Nor something so bad that makes him wish he could get out of the company. I hope he is talking about the complications with having to go to colored coins / and the temporary exchange and that when the going gets tough does not refer to our chip development.

I would imagine he's talking about the constant headache supplied by those from ^above^.