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Topic: [AMC]-The Official Active Mining Cooperative Discussion - page 21. (Read 223316 times)

sr. member
Activity: 392
Merit: 250
Weird.. I transferred my shares on Bitfunder to the proper name, and I just got my shares returned to me as AMC again..
Hope this goes smooth.  I'm a little worried.
legendary
Activity: 1106
Merit: 1006
Lead Blockchain Developer
So how many companies will we have to follow as holders of AMC, VMC, AM? Seems like all are owned by Ken and feed each other.  Why is one joining another and swapping into a different set of shares? Just to hit that adjusted IPO price? Is a new company going to be formed with each Fast-Hash unit that is made?

Why all the hoops?

I am a little confused as to why this couldn't be handled at the exchange level.  Mergers and buyouts happen on wall street all the time and the exchanges handle things behind the scenes for the shareholders.

Ken, if you need help I'm happy to help transition everyone on AMC-PT to the new issue...  That way noone gets left behind.

Cheers.
full member
Activity: 196
Merit: 100
we need to dedicate our efforts in explaining this to people now.
should we take shifts, or how should we do this?


I really think the general answer should be just pointing them to the collaborative contract, and that if they want to swap their shares, it is only currently supported on BitFunder, will be on BTCT soon?

You can currently swap your btctc shares for bitfunder shares. Ken said he is working on the offering to be launched on btctc tonight after things settle down
full member
Activity: 490
Merit: 101
FRX: Ferocious Alpha
we need to dedicate our efforts in explaining this to people now.
should we take shifts, or how should we do this?


I really think the general answer should be just pointing them to the collaborative contract, and that if they want to swap their shares, it is only currently supported on BitFunder, will be on BTCT soon?
sr. member
Activity: 392
Merit: 250
we need to dedicate our efforts in explaining this to people now.
should we take shifts, or how should we do this?
full member
Activity: 196
Merit: 100
So how many companies will we have to follow as holders of AMC, VMC, AM? Seems like all are owned by Ken and feed each other.  Why is one joining another and swapping into a different set of shares? Just to hit that adjusted IPO price? Is a new company going to be formed with each Fast-Hash unit that is made?

Why all the hoops?

No hoops. AMC is becoming ActiveMining. VMC and AMC are part of AM now.

All you have to follow is ActiveMining. Thats it.

EDIT: If you dont believe me, read the new contract
full member
Activity: 133
Merit: 250
My shares in BTC-TC, I should like how to convert my operation AMC-PT shares to Bitfunder exchange AM Share it? BTC-TC above process can operate without direct conversion?

Please provide details of the process of operating the Conversion Shares. Best to attach a picture.

I support and join Conversion AM Shares.
legendary
Activity: 1133
Merit: 1050
So how many companies will we have to follow as holders of AMC, VMC, AM? Seems like all are owned by Ken and feed each other.  Why is one joining another and swapping into a different set of shares? Just to hit that adjusted IPO price? Is a new company going to be formed with each Fast-Hash unit that is made?

Why all the hoops?
hero member
Activity: 546
Merit: 500
yeah this asset transfer shenanigans doesn't exist as detailed.

I sold my AMC-PT at a tiny profit, and just transferred my bitcoins to bitfunder instead. Buying ActiveMining

don't want to wait for btct.co to approve something
full member
Activity: 490
Merit: 101
FRX: Ferocious Alpha
Im guessing those people selling AMC shares at under 0.0025 dont read these forums haha

Well, who is to say that just because we convert shares to the new AM, that those new AM shares are worth 0.0025 for those who want to sell.

There is already the mass 2million+ wall of shares at .0025 - https://bitfunder.com/asset/ActiveMining

The minute the transfer of AMC to AM shares take place, people will sell them at 0.00249 and undercut the wall again.

So do you think the AMC shares should be valued at 0.0025 - that is why the price of shares is less than that now.

The only thing that will make the price rise, is that AM performs and value increases, then share prices will increase naturally.

I say it in lieu of the fact that I believe the share prices will be worth a minimum that is a few factors more than the release price of 0.0025.
hero member
Activity: 896
Merit: 500
Dolphins Finance TRUSTED FINANCE
Im guessing those people selling AMC shares at under 0.0025 dont read these forums haha

Well, who is to say that just because we convert shares to the new AM, that those new AM shares are worth 0.0025 for those who want to sell.

There is already the mass 2million+ wall of shares at .0025 - https://bitfunder.com/asset/ActiveMining

The minute the transfer of AMC to AM shares take place, people will sell them at 0.00249 and undercut the wall again.

So do you think the AMC shares should be valued at 0.0025 - that is why the price of shares is less than that now.

The only thing that will make the price rise, is that AM performs and value increases, then share prices will increase naturally.
full member
Activity: 490
Merit: 101
FRX: Ferocious Alpha
Im guessing those people selling AMC shares at under 0.0025 dont read these forums haha

LOL said that to myself not even 5 minutes ago while watching Burnside's new ticker with timestamp!
full member
Activity: 196
Merit: 100
Im guessing those people selling AMC shares at under 0.0025 dont read these forums haha
full member
Activity: 238
Merit: 100
May I assume the new ActiveMining shares will be sold at the price of 0.0025?

I asked in IRC and he confirmed yes, 0.0025 per share for ActiveMining.
Great! Grin
That means all AMC shares on Bitfunder now are sold at huge discount!
I will grab as many as I can!
hero member
Activity: 662
Merit: 545
May I assume the new ActiveMining shares will be sold at the price of 0.0025?

I asked in IRC and he confirmed yes, 0.0025 per share for ActiveMining.
full member
Activity: 238
Merit: 100
May I assume the new ActiveMining shares will be sold at the price of 0.0025?
sr. member
Activity: 476
Merit: 250
hero member
Activity: 662
Merit: 545
So we do it like this?
sr. member
Activity: 476
Merit: 250
Ok as I understand it you transfer your shares to: AMC-TENDER (bitfunder) or AMCTENDER1 (btctc)
THen you create an email containing:

Date: xxxxxx(when you sent shares)
Time: xxxxxx(time you sent shares)
Exchange: xxxxxx(Bitfunder or btctc)
Exchange user name: xxxxxx
Number of shares: xxxxxx(however many you sent)

If you sent from btctc and want AM shares sent to bitfunder:
Bitfunder username: xxxxxx

Replace xxxxxx with your info, then send that email to: tender&activeminingcorp.com

That's how I see it, if I've made a mistake please feel free to correct me Smiley
Im just worried some troll is going to make a AMC - TENDER account or something, and people send it to that account. Can we get an official way of spelling the tender account? "AMC-TENDER" no spaces?

Thanks, never thought of that, changed the post above, adding your suggestion.
full member
Activity: 238
Merit: 100
★Bitvest.io★ Play Plinko or Invest!
Ok as I understand it you transfer your shares to: AMC-TENDER (bitfunder) or AMCTENDER1 (btctc)
THen you create an email containing:

Date: xxxxxx(when you sent shares)
Time: xxxxxx(time you sent shares)
Exchange: xxxxxx(Bitfunder or btctc)
Exchange user name: xxxxxx
Number of shares: xxxxxx(however many you sent)

If you sent from btctc and want AM shares sent to bitfunder:
Bitfunder username: xxxxxx

Replace xxxxxx with your info, then send that email to: tender&activeminingcorp.com

That's how I see it, if I've made a mistake please feel free to correct me Smiley
Im just worried some troll is going to make a AMC - TENDER account or something, and people send it to that account. Can we get an official way of spelling the tender account? "AMC-TENDER" no spaces?
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