I'm sorry if this was already asked, but what happens with my AMC shares on BTCT.CO? Will they automatically be replaced with AM Shares? How do I switch?
Thanks
Topic: [AMC]-The Official Active Mining Cooperative Discussion - page 13. (Read 223334 times)
Remember that ActiveMining receives its dividends through the AMC shares it holds by tendering, so summing both is wrong.
Why are the divs so high? On Bitfunder, AMC + ActiveMining divs = 248BTC
Where did you get 248 BTC, or 35BTC a day? With 6 avalons, no way.
Where did you get 248 BTC, or 35BTC a day? With 6 avalons, no way.
Bitfunder has 5 875 446 shares outstanding and btctc has 491 743.
This is 6367189*0.00001830=116,5195587
Where did you get 248BTC ?
Correction: AMC 7686710*0.00001830= is still out there... interesting.
I was sure those shares are merged/replaced by ActiveMining
Why are the divs so high? On Bitfunder, AMC + ActiveMining divs = 248BTC
Where did you get 248 BTC, or 35BTC a day? With 6 avalons, no way.
Where did you get 248 BTC, or 35BTC a day? With 6 avalons, no way.
Easier? Maybe. Bigger? No.
I'm just trying to figure out what exactly we are doing that might run afoul of regulation. Is it because it's a non-publicly registered company in the US selling shares on a virtual exchange?
I like the changes that have been made and am seriously considering a significant (for me) investment in the newly configured company. I'm just trying to gauge the risk that the rug might be pulled out from under the asset. Not being familiar with the rules has me at a serious disadvantage.
I'm just trying to figure out what exactly we are doing that might run afoul of regulation. Is it because it's a non-publicly registered company in the US selling shares on a virtual exchange?
I like the changes that have been made and am seriously considering a significant (for me) investment in the newly configured company. I'm just trying to gauge the risk that the rug might be pulled out from under the asset. Not being familiar with the rules has me at a serious disadvantage.
This is some good news. Definitely doesn't make it completely legal but a great step forward.
https://wefunder.com/post/36-the-sec-just-voted-to-lift-the-ban-on-general-solicitation
Easier? Maybe. Bigger? No.
I'm just trying to figure out what exactly we are doing that might run afoul of regulation. Is it because it's a non-publicly registered company in the US selling shares on a virtual exchange?
I like the changes that have been made and am seriously considering a significant (for me) investment in the newly configured company. I'm just trying to gauge the risk that the rug might be pulled out from under the asset. Not being familiar with the rules has me at a serious disadvantage.
I think VMC (the only physical part of the company) is incorporated in Delaware I'm just trying to figure out what exactly we are doing that might run afoul of regulation. Is it because it's a non-publicly registered company in the US selling shares on a virtual exchange?
I like the changes that have been made and am seriously considering a significant (for me) investment in the newly configured company. I'm just trying to gauge the risk that the rug might be pulled out from under the asset. Not being familiar with the rules has me at a serious disadvantage.
Easier? Maybe. Bigger? No.
I'm just trying to figure out what exactly we are doing that might run afoul of regulation. Is it because it's a non-publicly registered company in the US selling shares on a virtual exchange?
I like the changes that have been made and am seriously considering a significant (for me) investment in the newly configured company. I'm just trying to gauge the risk that the rug might be pulled out from under the asset. Not being familiar with the rules has me at a serious disadvantage.
I'm just trying to figure out what exactly we are doing that might run afoul of regulation. Is it because it's a non-publicly registered company in the US selling shares on a virtual exchange?
I like the changes that have been made and am seriously considering a significant (for me) investment in the newly configured company. I'm just trying to gauge the risk that the rug might be pulled out from under the asset. Not being familiar with the rules has me at a serious disadvantage.
I'm honestly not trying to spread FUD, but what are peoples thoughts on the likely-hood of intervention by U.S. authorities? I'm hesitant to re-invest as it seems that by incorporating in Belize and keeping a London address that Ken has been making very thin attempts at avoiding unwanted scrutiny. I just don't think those measures will actually work.
What 'rules' are not being followed to prompt such precautions?
What 'rules' are not being followed to prompt such precautions?
I'd say 99% of the assets out there are even thinner, so there are easier fish to go after. Shares do not represent ownership, but rights to profits, everyone agreed on that before buying. Even btct.co describes itself as a virtual game.
Active Mining Corporation is incorporated in Belize, just like btct.co.
I'm honestly not trying to spread FUD, but what are peoples thoughts on the likely-hood of intervention by U.S. authorities? I'm hesitant to re-invest as it seems that by incorporating in Belize and keeping a London address that Ken has been making very thin attempts at avoiding unwanted scrutiny. I just don't think those measures will actually work.
What 'rules' are not being followed to prompt such precautions?
What 'rules' are not being followed to prompt such precautions?
The 3 avalons came in and also it looks like the dividends are being paid out correctly now. Only sold shares held by investors are being paid. I am glad this issue was resolved. I am pretty happy with the dividends paid.
AMC Dividends Paid 0.00001830/share
woah... AM divs quintupled my ASICMINER divs. I am thoroughly impressed or happy. Could this be a mistake? It was 1/5th of the returns i was getting from ASICMINER, now its 5 times that of ASICMINER. Do i dare ask how?AMC Dividends Paid 0.00001830/share
woah... AM divs quintupled my ASICMINER divs. I am thoroughly impressed or happy. Could this be a mistake? It was 1/5th of the returns i was getting from ASICMINER, now its 5 times that of ASICMINER. Do i dare ask how? 
AMC Dividends Paid 0.00001830/share
Why such huge price difference between bitfunder & btct ?
AMC-PT on btct only started about two weeks ago and had an initial price of .0025, while on bitfunder the initial IPO price was .0005 in may, for the first 5M shares, since there was no hardware online at that time.
There are a lot of ppl on BF wanting to just flip their shares for a quick profit. I have a feeling they'll regret that very quickly!
Agreed. The vast majority of shares exist on Bitfunder.
Why such huge price difference between bitfunder & btct ?
AMC-PT on btct only started about two weeks ago and had an initial price of .0025, while on bitfunder the initial IPO price was .0005 in may, for the first 5M shares, since there was no hardware online at that time.
There are a lot of ppl on BF wanting to just flip their shares for a quick profit. I have a feeling they'll regret that very quickly!
Why such huge price difference between bitfunder & btct ?
Is it possible to have my AMC shares on Bitfunder, tendered an converted into AMC-PT on BTC-TC. I bought these shares 3 weeks ago.
anyone knows European time? I am trying to find CDT, but google showed me few confusing information, so I am pretty unsure. Probably I am only EU holder? 
No you're not.For all time conversions, I usually use wolframalpha. Try it : http://www.wolframalpha.com/input/?i=1PM%20CDT
thanx a lot, 8PM of Eastern European time, I will try to get online tonight then
Everyone should be transferred through the dividends cutoff time of 1PM CDT. If you are transfering on
Bitfunder or if you are on BTCT.CO and transfering to Bitfunder ActiveMining then all these should be done.
Please PM me if you have not received your shares in the above cases.
Those on BTCT.CO that have tendered their shares are in a holding bin until we can create a asset on BTCT.CO and
get approved. If you would like me to push your shares back to you please send me a PM.
Bitfunder or if you are on BTCT.CO and transfering to Bitfunder ActiveMining then all these should be done.
Please PM me if you have not received your shares in the above cases.
Those on BTCT.CO that have tendered their shares are in a holding bin until we can create a asset on BTCT.CO and
get approved. If you would like me to push your shares back to you please send me a PM.
I still dont have them
anyone knows European time? I am trying to find CDT, but google showed me few confusing information, so I am pretty unsure. Probably I am only EU holder?
No you're not.For all time conversions, I usually use wolframalpha. Try it : http://www.wolframalpha.com/input/?i=1PM%20CDT
thanx a lot, 8PM of Eastern European time, I will try to get online tonight then
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