Legally he has no responsibility to tell me anything. I think its just good business practice to keep your investors happy.
"keep your investors happy and you will be happy too!!!"
-Kenneth
Topic: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] - page 491. (Read 771288 times)
September 25, 2013, 11:16:37 PM
"keep your investors happy and you will be happy too!!!"
-Kenneth
September 25, 2013, 10:52:56 PM
Legally he has no responsibility to tell me anything. I think its just good business practice to keep your investors happy.
September 25, 2013, 09:47:29 PM
Admittedly if I was doing something like ken is, I wouldn't say a god damn word until I had the project nearly wrapped up.
Why boost share price? What benefit is that to AMC at this point? The price of shares will rise when he delivers on product. If anything having low priced shares at the moment would enable friends/family to purchase more at a lower price currently.
If things were going terribly, he could announce that and drive the share price into the ground, but that would do little to encourage people to purchase actual product via preorder.
Announcing day to day updates would drive up share price assuming the news was positive, which would still have zero impact on AMC's current situation/profits, ect. It would only benefit those who originally bought shares, but wouldn't get miners made any faster.
From a logical perspective saying little and overdelivering in the end seems what I would do.
Why boost share price? What benefit is that to AMC at this point? The price of shares will rise when he delivers on product. If anything having low priced shares at the moment would enable friends/family to purchase more at a lower price currently.
If things were going terribly, he could announce that and drive the share price into the ground, but that would do little to encourage people to purchase actual product via preorder.
Announcing day to day updates would drive up share price assuming the news was positive, which would still have zero impact on AMC's current situation/profits, ect. It would only benefit those who originally bought shares, but wouldn't get miners made any faster.
From a logical perspective saying little and overdelivering in the end seems what I would do.
Disclosure enough information and being reasonable transparent is not for the benefit of the issuer. It's the issuer's responsibility. The reason is simple. Investors have given out money to the issuer, so they apparently have every right to know how are things going.
What you have said shows that you totally forget about the issuer's responsibility in the case you own a large amount of money to the investors.
September 25, 2013, 09:41:19 PM
shares received on bitfunder. that was a smooth transition
September 25, 2013, 08:12:25 PM
Admittedly if I was doing something like ken is, I wouldn't say a god damn word until I had the project nearly wrapped up.
Why boost share price? What benefit is that to AMC at this point? The price of shares will rise when he delivers on product. If anything having low priced shares at the moment would enable friends/family to purchase more at a lower price currently.
If things were going terribly, he could announce that and drive the share price into the ground, but that would do little to encourage people to purchase actual product via preorder.
Announcing day to day updates would drive up share price assuming the news was positive, which would still have zero impact on AMC's current situation/profits, ect. It would only benefit those who originally bought shares, but wouldn't get miners made any faster.
From a logical perspective saying little and overdelivering in the end seems what I would do.
Why boost share price? What benefit is that to AMC at this point? The price of shares will rise when he delivers on product. If anything having low priced shares at the moment would enable friends/family to purchase more at a lower price currently.
If things were going terribly, he could announce that and drive the share price into the ground, but that would do little to encourage people to purchase actual product via preorder.
Announcing day to day updates would drive up share price assuming the news was positive, which would still have zero impact on AMC's current situation/profits, ect. It would only benefit those who originally bought shares, but wouldn't get miners made any faster.
From a logical perspective saying little and overdelivering in the end seems what I would do.
Agreed +1
September 25, 2013, 06:09:04 PM
Also received my assets on bitfunder. great success
Also got mine which I put through roughly 35 hours ago. Thanks again Ken!
After 32 hours here, received my transfer on bitfunder, thanks.
September 25, 2013, 06:03:13 PM
Also received my assets on bitfunder. great success
Also got mine which I put through roughly 35 hours ago. Thanks again Ken!
September 25, 2013, 06:01:35 PM
Admittedly if I was doing something like ken is, I wouldn't say a god damn word until I had the project nearly wrapped up.
Why boost share price? What benefit is that to AMC at this point? The price of shares will rise when he delivers on product. If anything having low priced shares at the moment would enable friends/family to purchase more at a lower price currently.
If things were going terribly, he could announce that and drive the share price into the ground, but that would do little to encourage people to purchase actual product via preorder.
Announcing day to day updates would drive up share price assuming the news was positive, which would still have zero impact on AMC's current situation/profits, ect. It would only benefit those who originally bought shares, but wouldn't get miners made any faster.
From a logical perspective saying little and overdelivering in the end seems what I would do.
Why boost share price? What benefit is that to AMC at this point? The price of shares will rise when he delivers on product. If anything having low priced shares at the moment would enable friends/family to purchase more at a lower price currently.
If things were going terribly, he could announce that and drive the share price into the ground, but that would do little to encourage people to purchase actual product via preorder.
Announcing day to day updates would drive up share price assuming the news was positive, which would still have zero impact on AMC's current situation/profits, ect. It would only benefit those who originally bought shares, but wouldn't get miners made any faster.
From a logical perspective saying little and overdelivering in the end seems what I would do.
September 25, 2013, 05:07:07 PM
Also received my assets on bitfunder. great success
September 25, 2013, 04:37:28 PM
Confirming that transfer made at 2013-09-24 13:29:49 has been pushed through to BF. Thanks for the seamless transfer Ken. Keep up the good work.
September 25, 2013, 04:23:05 PM
I guess some people here want Ken post in this thread every day even if its just feeding trolls and posting non news ("wafers at fab moved from machine A to B", "exciting new step today I cant announce due to NDA") or make bold promises just to boost up the share price for the daytraders.
Others may prefer he spends his time more productive and make sure this company can actually deliver.
Others may prefer he spends his time more productive and make sure this company can actually deliver.
I get what you're saying and I've heard that argument before but other than the eASIC announcement, this is a total blackout.
It's not like taking 5 minutes to boost morale is that hard to do... especially if things are going well.
September 25, 2013, 04:07:02 PM
I guess some people here want Ken post in this thread every day even if its just feeding trolls and posting non news ("wafers at fab moved from machine A to B", "exciting new step today I cant announce due to NDA") or make bold promises just to boost up the share price for the daytraders.
Others may prefer he spends his time more productive and make sure this company can actually deliver.
Others may prefer he spends his time more productive and make sure this company can actually deliver.
September 25, 2013, 04:04:47 PM
Ken,
Is there any way you can give us some kind of play-by-play either weekly or biweekly? Or do you plan on surprising us the day everything goes online?
even just a thumbs up from the trenches would be good.
It baffles me that you never say a WORD about the goings on with ActiveMining yet I see all other companies constantly posting updates to milestones passed, etc.
We've given you our trust and faith in form of our money to get this business going.
The least you can do is keep us updated.
Is there any way you can give us some kind of play-by-play either weekly or biweekly? Or do you plan on surprising us the day everything goes online?
even just a thumbs up from the trenches would be good.
It baffles me that you never say a WORD about the goings on with ActiveMining yet I see all other companies constantly posting updates to milestones passed, etc.
We've given you our trust and faith in form of our money to get this business going.
The least you can do is keep us updated.
+1
I applaud Ken on the foresight with regards to btct closing, as well as the prompt communication on the matter. However, I wish we could get this kind of feedback loop all the time.
Lack of quality metrics pave the path for FUD
Didn't you guys read Kens post?? He said "I give more PR than our first PR guy did". We're supposed to ignore the fact he tells us NOTHING about how his progress is coming along with the Fast Hash machines we funded to build...Instead, you're supposed to be absolutely grateful that he is transferring our shares for us so we're not left with nothing! This is supposed to be top quality PR, folks. I feel like I'm a hobo being tossed a slab of rotten meat, just enough to keep me alive, as I praise the giver; "Thank you, sir! Thank you, sir!". Meanwhile he is raping my family and pissing all over my assets, while I chow down on the rotten piece of meat, thankful that he let us keep our shares!
Thanks Ken! You're the best! AMAZING COMPANY YOU HAVE HERE.
Thanks Ken! You're the best! AMAZING COMPANY YOU HAVE HERE.
dude, you need to calm down.. stop taking everything so damn personal.
if you're not happy, just sell your shares and move on. hate to break it to you but the universe does not revolve around you.
btw, why are mine and others post counts stuck on 196? 
Activity != post count 
September 25, 2013, 03:58:51 PM
TerrraHash is going out of business and giving everyone back $0.50c on the $1.00 if they can get there money back from Avalon, GL with that. If you do not deliver there should be 100% or damn near close to 100% refunds. ActM / VMC could be very successful with great customer service and competitive pricing alone.
September 25, 2013, 03:13:37 PM
btw, why are mine and others post counts stuck on 196?
September 25, 2013, 03:10:32 PM
Didn't you guys read Kens post?? He said "I give more PR than our first PR guy did". We're supposed to ignore the fact he tells us NOTHING about how his progress is coming along with the Fast Hash machines we funded to build...Instead, you're supposed to be absolutely grateful that he is transferring our shares for us so we're not left with nothing! This is supposed to be top quality PR, folks. I feel like I'm a hobo being tossed a slab of rotten meat, just enough to keep me alive, as I praise the giver; "Thank you, sir! Thank you, sir!". Meanwhile he is raping my family and pissing all over my assets, while I chow down on the rotten piece of meat, thankful that he let us keep our shares!
Thanks Ken! You're the best! AMAZING COMPANY YOU HAVE HERE.
Thanks Ken! You're the best! AMAZING COMPANY YOU HAVE HERE.
dude, you need to calm down.. stop taking everything so damn personal.
if you're not happy, just sell your shares and move on. hate to break it to you but the universe does not revolve around you.
September 25, 2013, 02:53:36 PM
For some reason an image of Zimba from the lion king and some dude from the MP is a God thread came to mind
September 25, 2013, 02:50:36 PM
Seriously where is everybody?
Did I not get the shareholder memo?
I'm here. I check this thread a few times a day. Looking forward to divs, looking forward to the btct.co "winding down" to pass us by and looking forward to Ken's good news. Perhaps its the calm before the "Fast-Hash 28nm Storm". Bring an umbrella Did I not get the shareholder memo?
Booyaa...... 
September 25, 2013, 02:47:37 PM
Didn't you guys read Kens post?? He said "I give more PR than our first PR guy did". We're supposed to ignore the fact he tells us NOTHING about how his progress is coming along with the Fast Hash machines we funded to build...Instead, you're supposed to be absolutely grateful that he is transferring our shares for us so we're not left with nothing! This is supposed to be top quality PR, folks. I feel like I'm a hobo being tossed a slab of rotten meat, just enough to keep me alive, as I praise the giver; "Thank you, sir! Thank you, sir!". Meanwhile he is raping my family and pissing all over my assets, while I chow down on the rotten piece of meat, thankful that he let us keep our shares!
Thanks Ken! You're the best! AMAZING COMPANY YOU HAVE HERE.
Thanks Ken! You're the best! AMAZING COMPANY YOU HAVE HERE.
whoa... dramatic imagery.
September 25, 2013, 02:43:17 PM
Didn't you guys read Kens post?? He said "I give more PR than our first PR guy did". We're supposed to ignore the fact he tells us NOTHING about how his progress is coming along with the Fast Hash machines we funded to build...Instead, you're supposed to be absolutely grateful that he is transferring our shares for us so we're not left with nothing! This is supposed to be top quality PR, folks. I feel like I'm a hobo being tossed a slab of rotten meat, just enough to keep me alive, as I praise the giver; "Thank you, sir! Thank you, sir!". Meanwhile he is raping my family and pissing all over my assets, while I chow down on the rotten piece of meat, thankful that he let us keep our shares!
Thanks Ken! You're the best! AMAZING COMPANY YOU HAVE HERE.
Thanks Ken! You're the best! AMAZING COMPANY YOU HAVE HERE.
Is this turncoat pissed off, or what? hahaha
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