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Topic: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] - page 9. (Read 771273 times)

legendary
Activity: 1050
Merit: 1000
Great... so Ken put all the money into developing and producing ASIC's and then someone is smart enough to report VMC to the authorities? For revenge? Since i dont see that killing the company will get a reasonable amount of bitcoins back to shareholders.
I wish people could control their fear at least so far that they could make decisions that look like the best financially outcome. I dont see that coming from VMC having to refund all customers and spreading satoshis for his shareholders while stopping operations.

If Ken hadn't of repeatedly lied time and time again over many months none of these complaints would have been filed. He brought this on himself through his own incompetence.

There is also no proof Ken has paid for anything.

eASIC does not put up a press release until there is a deal which has to be paid so, there is your proof that we paid eASIC.

that statement proves fuck all ken! it was only released to bump up the share price. how about you provide us with proof of payment to easic.



 
sr. member
Activity: 473
Merit: 250
Ken, any updates on Intellihash? Will this be ready to go when we receive our chips in April?

I am hoping to work on it more between now and April.  I have been busy on the 55nm deal.

@Ken -So what happened to the story about the chips from eAsic needing to be re-done to work with intelli-hash? That was just another lie Ken?
sr. member
Activity: 473
Merit: 250


Ken if that's the case and we are now looking at alternatives to eASIC do we consider the NRE advance we paid them as spent? Or is there any of that engineering useable in the future? Or can we get a partial refund? It was a big big contract, central to the company before the 55nm chip, but now it could be abandoned to history?

@Ken - if you paid them the NRE then what have they done for that money, because we certainly have no chip and they have had ample time according to their estimated schedules.

Why do all your press releases have so many grammatical and spelling mistakes? Do you realise how unprofessional that looks?

You have had so much time now Ken what possibly makes you think you will suddenly be able to magic up a 28nm chip in 8 weeks when you haven't been able to do it for the last 6 months despite apparently working very closely with eAsic the whole time.

Just tell us the truth, the whole truth about what has gone on and let us make up our own minds about the company. All anyone wants is the truth and the ability to trade shares. Everyone will leave you alone after we get these two things and if you make it then great and if not so be it, but these two things are vital right now Ken please take a deep breath and tell us the truth.
sr. member
Activity: 280
Merit: 250
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Ken if that's the case and we are now looking at alternatives to eASIC do we consider the NRE advance we paid them as spent? Or is there any of that engineering useable in the future? Or can we get a partial refund? It was a big big contract, central to the company before the 55nm chip, but now it could be abandoned to history?
sr. member
Activity: 476
Merit: 250
Ken, any updates on Intellihash? Will this be ready to go when we receive our chips in April?

I am hoping to work on it more between now and April.  I have been busy on the 55nm deal.
sr. member
Activity: 476
Merit: 250
Great... so Ken put all the money into developing and producing ASIC's and then someone is smart enough to report VMC to the authorities? For revenge? Since i dont see that killing the company will get a reasonable amount of bitcoins back to shareholders.
I wish people could control their fear at least so far that they could make decisions that look like the best financially outcome. I dont see that coming from VMC having to refund all customers and spreading satoshis for his shareholders while stopping operations.

If Ken hadn't of repeatedly lied time and time again over many months none of these complaints would have been filed. He brought this on himself through his own incompetence.

There is also no proof Ken has paid for anything.

eASIC does not put up a press release until there is a deal which has to be paid so, there is your proof that we paid eASIC.
legendary
Activity: 1218
Merit: 1000
Ken, any updates on Intellihash? Will this be ready to go when we receive our chips in April?
hero member
Activity: 742
Merit: 500
At what point does this farce officially qualify to be deemed a SCAM?

How do we go about getting a scammer tag on kenslaghter?
Only members with default/green trust can leave that automatic red trust. I have gone ahead and left a negative trust review on kslaughter's profile to help warn any future investors.

I know I have been callous in my attempts to help some of you see the light, but I am truly sorry for everyone that lost money to this whole thing.
hero member
Activity: 658
Merit: 500
decentralize EVERYTHING...
It may not be a scam but it's a hack attempt at a mining operation by a complete bozo who failed months ago.

This bozo has paid out 630 BTC to shareholders.

And created a 'strong proposal' for a 25TH/s mining rig with eASIC - according to eASIC.

Look man, I totally appreciate your viewpoint but face the facts: the man doesn't even defend himself against accusations or attempt to provide any proof of what he says he's doing.

He is a bafoon who doesn't proof read or spell check.

I've had a bad feeling about this for months just based on his inability to articulate his words.
full member
Activity: 240
Merit: 101
does it mean the actm is totally a scam and we will get nothing back??

No. There is no evidence this is a scam. Nothing.

There is little evidence that Ken has orders with UMC and has paid eASIC so I suggest we try to get that now. Neither eASIC or UMC have denied Ken's claims which at the moment is all the corroborative evidence we have.



There's no real evidence of progress. Nothing. Where did the $1 million dollars for the NRE go? A lot of promises; many broken.

'Scam' is just how you define it. I remember somebody refer to it as a "Take people's money and sit on your ass" scam.

Failure vs intentional scam is almost a moot point. The bottom line is, I don't think there's going to be an ROI for anyone involved. If we're lucky, there might be trading again. But even then, who is going to buy the stock at this point?
sr. member
Activity: 280
Merit: 250
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It may not be a scam but it's a hack attempt at a mining operation by a complete bozo who failed months ago.

This bozo has paid out 630 BTC to shareholders.

And created a 'strong proposal' for a 25TH/s mining rig with eASIC - according to eASIC.
hero member
Activity: 658
Merit: 500
decentralize EVERYTHING...
It may not be a scam but it's a hack attempt at a mining operation by a complete bozo who failed months ago.
sr. member
Activity: 280
Merit: 250
IIIIII====II====IIIIII
does it mean the actm is totally a scam and we will get nothing back??

No. There is no evidence this is a scam. Nothing.

There is little evidence that Ken has orders with UMC and has paid eASIC so I suggest we try to get that now. Neither eASIC or UMC have denied Ken's claims which at the moment is all the corroborative evidence we have.

hero member
Activity: 843
Merit: 1001
does it mean the actm is totally a scam and we will get nothing back??
newbie
Activity: 42
Merit: 0
Lol, of course, Ken didn't plan for such an unlikely contingency.
Steal money from hundreds of Anons, and ... wait for it ... one of them reports it.
Unheard of Roll Eyes
sr. member
Activity: 280
Merit: 250
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On the topic of VE reporting ACtM to the Missouri Fiscal Authority  (or whatever they are called) have to say this is great news. They must have all of VE's details, I don't think they would act on an annonymous complaint. So when I send them all the info on the threats VE has made to Ken's life, the threat to shoot him, the mention and selling by VE of 9mm ammo on this forum well they will just hand it all to the local FBI office or local Police. Maybe even the Moon embassy.

So thanks VE, you may have put the final nail in the coffin of this company through sheer selfishness and resentment but atleast you will be investigated too.
legendary
Activity: 1176
Merit: 1015
We just have a screenshot of it.

I only have a line of text.

hero member
Activity: 658
Merit: 500
decentralize EVERYTHING...
The company has at least 0.00014 BTC per share in bitcoins - $1mil in funds paid to a company (be that eASIC or another) - 55nm IP - these things aren't worth nothing.

But by all means let's all panic.

Dude what don't you get? Bitcointalk schemes are rife with scam and this is play by play going down the same way.

Ken has lied, broken promise after promise and has not accomplished one fucken thing he claimed he would. Let's face it man, Ken Slaughter is not an A-list type that makes things happen.

Ken has not provided proof of anything. There are no photos of receipts or letters from MSD or even a photo of him shaking hands with "our engineers." Hell he hasn't even provided proof of designs in the form of renderings of boards or chip schematics and we all take this as a ligitimate operation!!! Holy Fuck.

Ken has not delivered on anything. The plan has changed dramatically from the eASUC concept and now it looks like they might be, just maybe involved... I dunno "we're getting a quote from them" what a buncha shit! wtf happened to the NRE?!

This whole thing is coming off like some old washed up fart's fantasy of what he could have done if he had a million dollars of OPM but really had no clue or ability as to go about doing it.

There is not one ioda of evidence that this is not a scam...This is playing out way worse than any previous scam.

We are bag holders in the worse way too because we don't even get to hold the bag... We just have a screenshot of it.

The trolls have been right all along.
newbie
Activity: 42
Merit: 0
The company has at least 0.00014 BTC per share in bitcoins - $1mil in funds paid to a company (be that eASIC or another) - 55nm IP - these things aren't worth nothing.

But by all means let's all panic.

Lol, no.  Gordon's Gin ain't free...  Cheap, but not free.
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