Topic: [AMC]-The Official Active Mining Cooperative Discussion - page 127. (Read 223316 times)

Random, but slightly related, question regarding weexchange.co. Has anyone else had a problem signing up with this website? Every time I receive a verification email from them and click on the link, I'm taken to a new page where it says 'the code you have entered is invalid', and it won't verify my account. Since bitfunder seems to be the only way to purchase these shares, that's a bit annoying... Anyone else had this?

Gonna make it even easier for them!

28th May
https://blockchain.info/tx/1ba8f144d6dcc4c07dc89b8a4a4112e2d83e619f26f9f7426c65c09c1d8a90c7

1st June
https://blockchain.info/tx/51c441dd02c7743800e17c8cdc53c3af26a543da9cf2e989754950b7251ef907

Things are good with Ukyo.  Had a Skype conversation last Friday.

Awesome news!  That should give the jackals something to chew on for a while.   

Please find some way to smooth things over with Ukyo.  Conflict and negativity look bad and might hurt the stock price! 

Here are the Transaction IDs for the 2 Orders of Avalon chips.

51c441dd02c7743800e17c8cdc53c3af26a543da9cf2e989754950b7251ef907

1ba8f144d6dcc4c07dc89b8a4a4112e2d83e619f26f9f7426c65c09c1d8a90c7

Here is an image of the shopping cart showing the chips ordered from TSMC.

Please note that the 4,500 BTC for the machines is really $4,500.

Yes, However I am concerned about getting the units out of Russia.

Ken, have you considered purchasing any Bitfury 120's from Metabank?

Did some more updating on the spreadsheet, accounting for around 7 blocks/hour due to the always increasing network hashrate (lagging difficulty), and around BTC50/day from transaction fees: https://docs.google.com/spreadsheet/ccc?key=0Ap8MGY67MGwNdE5rRGUtd1hzTE1CVUR3WnZsME02QXc

I think he meant how the program will be implemented. Do investors have to opt in, or is it automatic, when will this program be implemented, is this being done by bitfunder or AMC?

Yes, please see below:


Quote from: kslaughter on June 02, 2013, 10:18:34 PM
Now that our First Batch of Early Adopter shares has sold out we are waiting for the Avalon machines to come in and start producing revenue.  We will then start paying dividends to our Investors after the first week of mining with the Avalon's.  Due to the fact that shares were selling with good demand at the .0008 price level, before Ukto of Bitfunder.Com forced us to reduce the price to a bargain level, we will only be releasing shares in batch 2 at no less than .0008 BTC.

Also, we are implementing our Investors Protection Program (IPP) for those Investors who purchased shares higher than .0005 after May 28, 2013 04:59 CDT and on or before May 31, 2013 14:59 CDT.  IPP will reimburse our Long Term Investors the difference between the price they purchased their shares at, and the price of our shares on August 31, 2013 at 00:01 CDT or .0005 whichever is higher, only if the share price is below .0008 BTC on August 31, 2013 at 00:01 CDT.  The Investor must still own the shares to be reimbursed.  This program is being implemented due to Bitfunder.Com forcing us to price our shares at .0005, without due cause.  Of course we will strive in the coming months to raise the share price and add shareholder value to the shares our Investors hold. 

Update:

The group after May 28, 2013 04:59 CDT and before May 31, 15:59 CDT are add to the above group.

Yes

Any news regarding reimbursement for long term shareholders who purchased shares above 0.0005 before the 28th?

All 5 million of the  early adopter shares issued have been sold. Once the avalons arrive, within 0-2 weeks, the price will bump to at least .0008 where the next batch will be sold at. I can only assume that if the price goes above .0008, the second batch will be sold above that.

Read the tabs on this page: https://bitfunder.com/asset/AMC#pane_profile

Thanks for the quick replies, much appreciated. As for the next IPOs, any mention of when these might be? And last three (!), how many shares have been issued, how many have been sold, and where can I find more about this offering?

Only the First Batch, there may be up to 3 more batches if capital is needed.  The next batch will be released at no less than .0008/share.

Bitfunder is where they are traded.

Check Bitfunder.com asset AMC

No, but the first 6 Avalon's have a hash rate of 384,000 MH/s and use power of 3600 watts.  You can use this link to calculate the current income:

http://www.bitcoinx.com/profit/

Just fill in the hash rate and power from above.  Multiply the daily rate by 7, then divide the income by 40,000,000 and multiply it by the number of
shares you own.  This will be an estimate of your dividends if the machines were here today.

1) Kind of.
2) Yep, bitfunder.
3) Last price : ฿0.00068550
4) Nothing official. Though you could take a look at these guesstimate :

A few quick questions, cause I can't seem to find the answers in the thread (apologies if I've missed the obvious posts):

1) Is the IPO stage over?
2) How do I buy AMC shares? Is bitfunder the only option?
3) What's the current price per share?
4) Do you have a projected dividend per share?

Brilliant, thanks

Sure. There you go!

https://docs.google.com/spreadsheet/ccc?key=0Ap8MGY67MGwNdE5rRGUtd1hzTE1CVUR3WnZsME02QXc

Until you apologize, I will not tell you (lol).  Seriously, it is worth it for you to do some research on the capacity and design constraints on what Ken is claiming lead time is (45nm and 28nm) and 65nm.   There is a HUGE difference in cost and timing and just plain capacity.   
But, I am done polluting this thread and want to leave it open for the pumpers, the dumpers and the dreamers.   Take care.