Author

Topic: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] - page 478. (Read 771529 times)

hero member
Activity: 658
Merit: 500
decentralize EVERYTHING...
god what a horror show.

would love to go back to the days of the "the wall."
hero member
Activity: 532
Merit: 500
https://karatcoin.co
I wanna buy direct shares

Or ken can you open up on havelock?

Last I checked they were not accepting new securities. Also, you'd better believe Topace won't touch US securities with a ten foot pole after all this drama. Us Americans are hung out to dry, man. Land of the free...
hero member
Activity: 887
Merit: 1000
What if you just took the company private and avoided all this?  Undecided
sr. member
Activity: 350
Merit: 250
Active Mining Corporation, seen this coming a long time ago, and has taken steps including incorporating in Belize and creating our own exchange in the event one is needed.  

Isn't BitFunder offshore of USA?

How will your "offshore exchange" be any different?


Sorry, but this is the question that needs an answer. Personal share holding rebuttals can wait.

It will not be any different, it is there in the even Bitfunder was to close down, to protect our Investors.  At this point we see that Bitfunder is staying open, unlike BTC-TC, to non US citizens.


Would you consider opening up an exchange for US holders to trade ActM shares on?

+1

Ken mentioned that there is a exchange that is in the works in case BitFunder has to shut down. Would you be able to open that up for us? (US citizens)
full member
Activity: 210
Merit: 100
...
Would you consider opening up an exchange for US holders to trade ActM shares on?

Translation:  Ken, are you prepared to become a felon?
full member
Activity: 219
Merit: 100
I wanna buy direct shares

Or ken can you open up on havelock?
legendary
Activity: 980
Merit: 1040
Does this run the risk of making ActM itself in violation of US law? Which unfortunatly happens to be grounded on US soil...

I thought it was based in belize. But unfortunately, it doesnt change anything. What is illegal is targeting unregistered securities to US citizens. Doesnt matter if the securities are shares in a US or Belize company. The only way around that is registering the securities with the SEC (and every other national security commission where you want to sell shares, the regulations are quite similar all over the world).
sr. member
Activity: 476
Merit: 250
Active Mining Corporation, seen this coming a long time ago, and has taken steps including incorporating in Belize and creating our own exchange in the event one is needed.  

Isn't BitFunder offshore of USA?

How will your "offshore exchange" be any different?


Sorry, but this is the question that needs an answer. Personal share holding rebuttals can wait.

It will not be any different, it is there in the even Bitfunder was to close down, to protect our Investors.  At this point we see that Bitfunder is staying open, unlike BTC-TC, to non US citizens.


Thanks for the quick reply. Any solutions for US investors?

Yes

Edit:  I am sure there will be discussions on the board.
hero member
Activity: 532
Merit: 500
https://karatcoin.co
Active Mining Corporation, seen this coming a long time ago, and has taken steps including incorporating in Belize and creating our own exchange in the event one is needed.  

Isn't BitFunder offshore of USA?

How will your "offshore exchange" be any different?


Sorry, but this is the question that needs an answer. Personal share holding rebuttals can wait.

It will not be any different, it is there in the even Bitfunder was to close down, to protect our Investors.  At this point we see that Bitfunder is staying open, unlike BTC-TC, to non US citizens.


Would you consider opening up an exchange for US holders to trade ActM shares on?
sr. member
Activity: 476
Merit: 250
Ken: "Active Mining Corporation, seen this coming a long time ago"

Uh? Thanks for telling us...

All we could do is what we have done.  We did not know for sure what was going to happen, but it has happened before to the "Global Bitcoin Stock Exchange".
sr. member
Activity: 454
Merit: 250
Ken,
at this point wouldn't it be best to pull all US based shares off of BitFunder and go direct or something? I don't want anything to do with BitFunder.

Does this run the risk of making ActM itself in violation of US law? Which unfortunatly happens to be grounded on US soil...
sr. member
Activity: 454
Merit: 250
Active Mining Corporation, seen this coming a long time ago, and has taken steps including incorporating in Belize and creating our own exchange in the event one is needed.  

Isn't BitFunder offshore of USA?

How will your "offshore exchange" be any different?


Sorry, but this is the question that needs an answer. Personal share holding rebuttals can wait.

It will not be any different, it is there in the even Bitfunder was to close down, to protect our Investors.  At this point we see that Bitfunder is staying open, unlike BTC-TC, to non US citizens.


Thanks for the quick reply. Any solutions for US investors?
hero member
Activity: 887
Merit: 1000
What will happen to US shareholders? If we do nothing.

+1

This is something that needs to be answered.  Huh
hero member
Activity: 658
Merit: 500
decentralize EVERYTHING...
Ken,
at this point wouldn't it be best to pull all US based shares off of BitFunder and go direct or something? I don't want anything to do with BitFunder.
sr. member
Activity: 476
Merit: 250
Active Mining Corporation, seen this coming a long time ago, and has taken steps including incorporating in Belize and creating our own exchange in the event one is needed.  

Isn't BitFunder offshore of USA?

How will your "offshore exchange" be any different?


Sorry, but this is the question that needs an answer. Personal share holding rebuttals can wait.

It will not be any different, it is there in the even Bitfunder was to close down, to protect our Investors.  At this point we see that Bitfunder is staying open, unlike BTC-TC, to non US citizens.
legendary
Activity: 910
Merit: 1000
Ok Kslaughter, you have made me feel alot better,i will be holding my active mining shares,(i'm non us citizen) thanks
sr. member
Activity: 476
Merit: 250
Also, those transfer which I was going to finish transferring tomorrow before the dividend payment, I will start transferring as soon as possible.

Yeah but...

how do we get dividends now?

We will setup a system to pay dividends to your Bitcoin address on Bitfunder, this is what the address had been set up for.
sr. member
Activity: 454
Merit: 250
Active Mining Corporation, seen this coming a long time ago, and has taken steps including incorporating in Belize and creating our own exchange in the event one is needed.  

Isn't BitFunder offshore of USA?

How will your "offshore exchange" be any different?


Sorry, but this is the question that needs an answer. Personal share holding rebuttals can wait.
sr. member
Activity: 476
Merit: 250
In the long-term this is great for Bitfunder.. The effort Ukyo is making will be viewed in a positive light by governments in all countries.  

edit: Ken, you shouldn't be telling us that you don't hold any shares.  This contradicts what you have already told us before.. it would have been better not to comment about that at all..


@VolanicEruptor, You need to understand the structure of the company, before you start telling me that I am contradicting what I have said in the past.  I do own ActiveMining shares; however, I do not own Active Mining Corporation shares.
full member
Activity: 171
Merit: 100
Changing avatars is currently not possible.
trading has been turned off to US citizens....

wow didn't see that coming... but then you never do on a long con.

Active Mining Corporation, seen this coming a long time ago, and has taken steps including incorporating in Belize and creating our own exchange in the event one is needed.  We have also retain legal council (Marco Santori of Nesenoff & Miltenberg LLP) and a member of the Bitcoin Foundation to advise us on our position as a Belize Corporation.

My status as a US citizen should not affect Active Mining Corporation as I do not own any of the shares of the corporation.

Since ActiveMining is a Belize corporation ( I have sent documents to Ukyo showing our incorporation in Belize ) trading of ActiveMining on Bitfunder should not be affected in any way except the loss of US Citizens account.  Now would be an excellent time to pick up those extra shares at a bargin price if you are not a US citizen.  

Also, those transfer which I was going to finish transferring tomorrow before the dividend payment, I will start transferring as soon as possible.

Marco is the right choice. He is my attorney as well.
Jump to: