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Topic: [AMC]-The Official Active Mining Cooperative Discussion - page 36. (Read 223316 times)

hero member
Activity: 896
Merit: 500
Dolphins Finance TRUSTED FINANCE
My payments per dividend was much higher on amc-pt than on amc on bitfunder? Any reason for this?

True indeed.

0.00000543 per share on BTCT
0.00000139 per share on BitFunder

How did that happen?

I missed out on a LOT of BTC lol
full member
Activity: 207
Merit: 100
My payments per dividend was much higher on amc-pt than on amc on bitfunder? Any reason for this?
full member
Activity: 196
Merit: 100
I really don't know how it will play out, but shareholders which decide to not swap will continue to receive their dividends for the foreseeable future.  I think there wii be a market for the shares

How will AMC shares still receive dividends if mining dividends will be paid to VMC shares? Won't the Avalon's and the 20k chips be used to mine for VMC shareholders?
I believe that VMC will be buying back or absorbing the majority of AMC's shares, AMC will still mine and payout to their shareholders. VMC will be a majority shareholder of AMC and pass on the dividend to the VMC shareholders.
(Dont know if this is the case, but thats how I interpret it)

I interpret that as AMC will purely mine and give dividends for mining. VMC will receive dividends for both mining and sales.

AMC and VMC will share dividends from mining? and VMC will have the added dividends from sales?

Thats kind of what I meant. AMC still mines and gives dividends to all the 40M of its shares, but VMC will hold ~38M of those shares. So AMC pays the majority of its mining dividend to VMC, who then pays it to their shareholders along with the sales dividend.
newbie
Activity: 28
Merit: 0
I really don't know how it will play out, but shareholders which decide to not swap will continue to receive their dividends for the foreseeable future.  I think there wii be a market for the shares

How will AMC shares still receive dividends if mining dividends will be paid to VMC shares? Won't the Avalon's and the 20k chips be used to mine for VMC shareholders?
I believe that VMC will be buying back or absorbing the majority of AMC's shares, AMC will still mine and payout to their shareholders. VMC will be a majority shareholder of AMC and pass on the dividend to the VMC shareholders.
(Dont know if this is the case, but thats how I interpret it)

I interpret that as AMC will purely mine and give dividends for mining. VMC will receive dividends for both mining and sales.

AMC and VMC will share dividends from mining? and VMC will have the added dividends from sales?
full member
Activity: 196
Merit: 100
I really don't know how it will play out, but shareholders which decide to not swap will continue to receive their dividends for the foreseeable future.  I think there wii be a market for the shares

How will AMC shares still receive dividends if mining dividends will be paid to VMC shares? Won't the Avalon's and the 20k chips be used to mine for VMC shareholders?
I believe that VMC will be buying back or absorbing the majority of AMC's shares, AMC will still mine and payout to their shareholders. VMC will be a majority shareholder of AMC and pass on the dividend to the VMC shareholders.
(Dont know if this is the case, but thats how I interpret it)
full member
Activity: 127
Merit: 100
I really don't know how it will play out, but shareholders which decide to not swap will continue to receive their dividends for the foreseeable future.  I think there wii be a market for the shares

How will AMC shares still receive dividends if mining dividends will be paid to VMC shares? Won't the Avalon's and the 20k chips be used to mine for VMC shareholders?

I believe the way it will work is that VMC shareholders receive AMC dividends. So AMC still mines, and those who don't switch will just have that.
sr. member
Activity: 350
Merit: 250
I really don't know how it will play out, but shareholders which decide to not swap will continue to receive their dividends for the foreseeable future.  I think there wii be a market for the shares

How will AMC shares still receive dividends if mining dividends will be paid to VMC shares? Won't the Avalon's and the 20k chips be used to mine for VMC shareholders?
sr. member
Activity: 476
Merit: 250
Ken, do you mind responding and making it crystal clear for me?

https://bitcointalksearch.org/topic/m.2650261

Everything is right.  The only thing is that AMC will continue to exist for those that do do want to swap there shares.

What eventually happens to the AMC entity? Eventually there will be no more AMC and the security will be delisted?

I really don't know how it will play out, but shareholders which decide to not swap will continue to receive their dividends for the foreseeable future.  I think there wii be a market for the shares
sr. member
Activity: 350
Merit: 250
Ken, do you mind responding and making it crystal clear for me?

https://bitcointalksearch.org/topic/m.2650261

Everything is right.  The only thing is that AMC will continue to exist for those that do do want to swap there shares.

What eventually happens to the AMC entity? Eventually there will be no more AMC and the security will be delisted?
full member
Activity: 196
Merit: 100
What price per share will it be transferred at?

It is 1 share of AMC for 1 share of VMC. So the price would be whatever price you purchased your AMC shares

So would the VMC shares be valued at the market price of AMC at the time of transfer?

It's 1 AMC share for 1 VMC share, so the shares of VMC will be valued at whatever the market values them at

Edit: Ken beat me to it Cheesy
sr. member
Activity: 476
Merit: 250
Ken, do you mind responding and making it crystal clear for me?

https://bitcointalksearch.org/topic/m.2650261

Everything is right.  The only thing is that AMC will continue to exist for those that do do want to swap there shares.
sr. member
Activity: 350
Merit: 250
Ken, do you mind responding and making it crystal clear for me?

https://bitcointalksearch.org/topic/m.2650261
sr. member
Activity: 476
Merit: 250
What price per share will it be transferred at?

It is 1 share of AMC for 1 share of VMC. So the price would be whatever price you purchased your AMC shares

So would the VMC shares be valued at the market price of AMC at the time of transfer?

The market will determine the price of the shares.  However since there are only 25M shares instead of 100M you will be getting 4X  more of the company.  Also now you own a manufaturer and a mining company.
full member
Activity: 127
Merit: 100
What price per share will it be transferred at?

It is 1 share of AMC for 1 share of VMC. So the price would be whatever price you purchased your AMC shares

So would the VMC shares be valued at the market price of AMC at the time of transfer?
sr. member
Activity: 476
Merit: 250
What price per share will it be transferred at?

It is 1 share of AMC for 1 share of VMC. So the price would be whatever price you purchased your AMC shares
full member
Activity: 127
Merit: 100
What price per share will it be transferred at?
hero member
Activity: 896
Merit: 500
Dolphins Finance TRUSTED FINANCE
I want to know: When can I apply for the AMC shares into VMCshares? How to do? What is the process like? I bought on the BTCT.

Nothing is finalised yet. It is still in discussion, so there is nothing to do yet ... except discuss  Cool
full member
Activity: 196
Merit: 100
I want to know: When can I apply for the AMC shares into VMCshares? How to do? What is the process like? I bought on the BTCT.

The contract isn't complete yet, so VMC isn't a public company yet. We all have to wait a bit before we can do the swap Smiley
full member
Activity: 196
Merit: 100
What is the approximate timeline for AMC? Estimated time until chip design, manufacture, and use as well as mining before that? Regarding the merger, what is going to happen to the shares?

"AMC Swap Shares:

VMC will issue up to 10,000,000 "AMC Swap" shares which may be used in an exchange for AMC shares.
Any shares not exchange for AMC shares may be sold by VMC.  VMC will set the deadline date that
AMC shares have to be tendered to VMC for a swap to be effective.  Shares of AMC tendered after
the deadline will not be swapped for VMC shares and will be returned."

Right there in the contract

So is this a one way swap? Trade VMC for AMC only, or both ways? What could the advantages of one or the other be if they have the same dividends?

It will be one way only, AMC to VMC. AMC will have mining dividend only while VMC will have mining AND sales dividend.
full member
Activity: 133
Merit: 250
I want to know: When can I apply for the AMC shares into VMCshares? How to do? What is the process like? I bought on the BTCT.
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