You can stipulate that you will purchase a certain amount of VMC shares at a number higher than .0025 only AFTER the wall at .0025 has been eaten through.
One way this can be encouraged + math:
Currently, there are 1,567,351 shares in the .0025 wall, equaling 3918.3775 BTC
Say that you offered to buy 1 million shares of VMC at .0026, this will cost you 2600 BTC.
In order to gain your originally planned 3918.3775 BTC, add additional shares to your wall - 1040000 worth of shares.
Thus the new wall will be 2,607,351 shares at .0025, with your promise that you will buy 1,000,000 shares of VMC at .0026 encouraging people to buy.
Of course offer 1-1 AMC to VMC swaps.
Then, freeze AMC after say a week after the wall is gone.
Topic: [AMC]-The Official Active Mining Cooperative Discussion - page 48. (Read 223390 times)
I just came up with a idea to solve this problem.
I will create an VMC offering, then VMC will purchase AMC. There you that is the solution. Tell me what you think.
I will create an VMC offering, then VMC will purchase AMC. There you that is the solution. Tell me what you think.
How will VMC purchase AMC? Will it buy back all the shares of AMC?
But if you did create a VMC offering, and then unite VMC with AMC under one roof, then yes this is exactly what we are all looking for. Again, it is just really important for current shareholders and potential investors like myself to see these two companies merged into one.
Yes, VMC would start purchasing AMC shares until it has all of them.
There is no need for this.
Here a simple way to do it with one announcement:
1. VMC has been shutdown
2. AMC will now be doing the mining AND sales of chips/hardware itself
Done!
Note: I know that is simplistic, but really, there is no need to complicate matters, keep them simple on purpose. Now, in the real world, you may have signed some documentation with eASIC etc ... but you can re-sign them as AMC.
That will not work! I am sorry.
Because??
Ken,
Could you lock the VMC IPO price at whatever the value of AMC is when trading is halted? I think this would be the safest way: then re-calculate how many shares you need to release in a VMC ipo to meet upcoming obligations. This way currently held AMC shares transferred to VMC wouldn't be de-valued by a lower IPO. You could still keep shares back for future development stages.
Does this make sense?
Could you lock the VMC IPO price at whatever the value of AMC is when trading is halted? I think this would be the safest way: then re-calculate how many shares you need to release in a VMC ipo to meet upcoming obligations. This way currently held AMC shares transferred to VMC wouldn't be de-valued by a lower IPO. You could still keep shares back for future development stages.
Does this make sense?
No, I think the idea I had posted earlier makes alot of sense and will be the fairest in terms of price swaps.
If we simply froze right now, people who bought above current market price will lose and kenneth will have to do a fair amount of math to figure out how to fairly distribute shares of VMC.
The simplest way to do this is to announce that VMC will purchase all of AMC's stock at .0025, prompting the market to react and move AMC to .0025 and then market forces will by itself normalize price at .0025. Once this equillibrium has been reached, Kenneth can halt trading and initiate the 1 for 1 swaps.
I don't know how VMC can purchase AMC shares at .0025? Tell me how to do that please.
1.) Open VMC for trading, but do not put any asks
2.) Put a bid wall at .0025 for the remaining shares at the current .0025 wall for AMC
- (Currently at 1,567,351)
3.) Announce that in say 1-2 weeks time, you will allow users to exchange 1 share of AMC for 1 share of VMC, and that trading for AMC will be closing after this time.
I just wanted to chime in and say that I really like this idea. However, for this to work, trading will need to be halted on the AMC side of things. Otherwise, you'll have people buying super cheap shares of AMC, and then trading them in for possibly more expensive shares of VMC. Am I wrong in my assessment?
Supposedly, one of the goals for the swap would be to encourage investors to buy cheap AMC shares all the way to and then through the .0025 wall, raising capital for Kenneth.
Yes, this is what I am thinking would happen.
Ken,
Could you lock the VMC IPO price at whatever the value of AMC is when trading is halted? I think this would be the safest way: then re-calculate how many shares you need to release in a VMC ipo to meet upcoming obligations. This way currently held AMC shares transferred to VMC wouldn't be de-valued by a lower IPO. You could still keep shares back for future development stages.
Does this make sense?
Could you lock the VMC IPO price at whatever the value of AMC is when trading is halted? I think this would be the safest way: then re-calculate how many shares you need to release in a VMC ipo to meet upcoming obligations. This way currently held AMC shares transferred to VMC wouldn't be de-valued by a lower IPO. You could still keep shares back for future development stages.
Does this make sense?
No, I think the idea I had posted earlier makes alot of sense and will be the fairest in terms of price swaps.
If we simply froze right now, people who bought above current market price will lose and kenneth will have to do a fair amount of math to figure out how to fairly distribute shares of VMC.
The simplest way to do this is to announce that VMC will purchase all of AMC's stock at .0025, prompting the market to react and move AMC to .0025 and then market forces will by itself normalize price at .0025. Once this equillibrium has been reached, Kenneth can halt trading and initiate the 1 for 1 swaps.
I don't know how VMC can purchase AMC shares at .0025? Tell me how to do that please.
1.) Open VMC for trading, but do not put any asks
2.) Put a bid wall at .0025 for the remaining shares at the current .0025 wall for AMC
- (Currently at 1,567,351)
3.) Announce that in say 1-2 weeks time, you will allow users to exchange 1 share of AMC for 1 share of VMC, and that trading for AMC will be closing after this time.
I just wanted to chime in and say that I really like this idea. However, for this to work, trading will need to be halted on the AMC side of things. Otherwise, you'll have people buying super cheap shares of AMC, and then trading them in for possibly more expensive shares of VMC. Am I wrong in my assessment?
Yes, that might happen. Might not be a bad thing as AMC needs to raise capital fast to pay the NRE soon.
Ken,
Could you lock the VMC IPO price at whatever the value of AMC is when trading is halted? I think this would be the safest way: then re-calculate how many shares you need to release in a VMC ipo to meet upcoming obligations. This way currently held AMC shares transferred to VMC wouldn't be de-valued by a lower IPO. You could still keep shares back for future development stages.
Does this make sense?
Could you lock the VMC IPO price at whatever the value of AMC is when trading is halted? I think this would be the safest way: then re-calculate how many shares you need to release in a VMC ipo to meet upcoming obligations. This way currently held AMC shares transferred to VMC wouldn't be de-valued by a lower IPO. You could still keep shares back for future development stages.
Does this make sense?
No, I think the idea I had posted earlier makes alot of sense and will be the fairest in terms of price swaps.
If we simply froze right now, people who bought above current market price will lose and kenneth will have to do a fair amount of math to figure out how to fairly distribute shares of VMC.
The simplest way to do this is to announce that VMC will purchase all of AMC's stock at .0025, prompting the market to react and move AMC to .0025 and then market forces will by itself normalize price at .0025. Once this equillibrium has been reached, Kenneth can halt trading and initiate the 1 for 1 swaps.
I don't know how VMC can purchase AMC shares at .0025? Tell me how to do that please.
1.) Open VMC for trading, but do not put any asks
2.) Put a bid wall at .0025 for the remaining shares at the current .0025 wall for AMC
- (Currently at 1,567,351)
3.) Announce that in say 1-2 weeks time, you will allow users to exchange 1 share of AMC for 1 share of VMC, and that trading for AMC will be closing after this time.
I just wanted to chime in and say that I really like this idea. However, for this to work, trading will need to be halted on the AMC side of things. Otherwise, you'll have people buying super cheap shares of AMC, and then trading them in for possibly more expensive shares of VMC. Am I wrong in my assessment?
Supposedly, one of the goals for the swap would be to encourage investors to buy cheap AMC shares all the way to and then through the .0025 wall, raising capital for Kenneth.
Ken,
Could you lock the VMC IPO price at whatever the value of AMC is when trading is halted? I think this would be the safest way: then re-calculate how many shares you need to release in a VMC ipo to meet upcoming obligations. This way currently held AMC shares transferred to VMC wouldn't be de-valued by a lower IPO. You could still keep shares back for future development stages.
Does this make sense?
Could you lock the VMC IPO price at whatever the value of AMC is when trading is halted? I think this would be the safest way: then re-calculate how many shares you need to release in a VMC ipo to meet upcoming obligations. This way currently held AMC shares transferred to VMC wouldn't be de-valued by a lower IPO. You could still keep shares back for future development stages.
Does this make sense?
No, I think the idea I had posted earlier makes alot of sense and will be the fairest in terms of price swaps.
If we simply froze right now, people who bought above current market price will lose and kenneth will have to do a fair amount of math to figure out how to fairly distribute shares of VMC.
The simplest way to do this is to announce that VMC will purchase all of AMC's stock at .0025, prompting the market to react and move AMC to .0025 and then market forces will by itself normalize price at .0025. Once this equillibrium has been reached, Kenneth can halt trading and initiate the 1 for 1 swaps.
I don't know how VMC can purchase AMC shares at .0025? Tell me how to do that please.
1.) Open VMC for trading, but do not put any asks
2.) Put a bid wall at .0025 for the remaining shares at the current .0025 wall for AMC
- (Currently at 1,567,351)
3.) Announce that in say 1-2 weeks time, you will allow users to exchange 1 share of AMC for 1 share of VMC, and that trading for AMC will be closing after this time.
Ok, I will keep this in mind.
I assume that the newly formed VMC security will have the duties and obligations of AMC with regards to shareholders, excepting the operating costs will be deducted from income before distribution of dividends
Yes, very much like the AMC offering, but different in the fact VMC has employees, and a lot of operating expenses which have to be paid to operate.
Ken,
Could you lock the VMC IPO price at whatever the value of AMC is when trading is halted? I think this would be the safest way: then re-calculate how many shares you need to release in a VMC ipo to meet upcoming obligations. This way currently held AMC shares transferred to VMC wouldn't be de-valued by a lower IPO. You could still keep shares back for future development stages.
Does this make sense?
Could you lock the VMC IPO price at whatever the value of AMC is when trading is halted? I think this would be the safest way: then re-calculate how many shares you need to release in a VMC ipo to meet upcoming obligations. This way currently held AMC shares transferred to VMC wouldn't be de-valued by a lower IPO. You could still keep shares back for future development stages.
Does this make sense?
No, I think the idea I had posted earlier makes alot of sense and will be the fairest in terms of price swaps.
If we simply froze right now, people who bought above current market price will lose and kenneth will have to do a fair amount of math to figure out how to fairly distribute shares of VMC.
The simplest way to do this is to announce that VMC will purchase all of AMC's stock at .0025, prompting the market to react and move AMC to .0025 and then market forces will by itself normalize price at .0025. Once this equillibrium has been reached, Kenneth can halt trading and initiate the 1 for 1 swaps.
I don't know how VMC can purchase AMC shares at .0025? Tell me how to do that please.
1.) Open VMC for trading, but do not put any asks
2.) Put a bid wall at .0025 for the remaining shares at the current .0025 wall for AMC
- (Currently at 1,567,351)
3.) Announce that in say 1-2 weeks time, you will allow users to exchange 1 share of AMC for 1 share of VMC, and that trading for AMC will be closing after this time.
I just wanted to chime in and say that I really like this idea. However, for this to work, trading will need to be halted on the AMC side of things. Otherwise, you'll have people buying super cheap shares of AMC, and then trading them in for possibly more expensive shares of VMC. Am I wrong in my assessment?
Ok, I create a VMC offering, AMC shareholder can exchange 1 share of AMC for 1 share of VMC. After the exchange period VMC will continue when
possible to purchase AMC shares on the open market until it has acquired all of AMC's shares. How does that sound?
possible to purchase AMC shares on the open market until it has acquired all of AMC's shares. How does that sound?
Sounds like an opportunity to game the system. What happens to the hold-outs who don't convert?
No problem, they stay in AMC as long as they want. We do not force anyone to move their shares to VMC.
AMC keeps trading, it is just a chance for those that want to get into the selling of equipment to get into VMC.
I have already been working on a VMC offering and it has that in it already. Learn a little from the AMC offering.
Ken,
Could you lock the VMC IPO price at whatever the value of AMC is when trading is halted? I think this would be the safest way: then re-calculate how many shares you need to release in a VMC ipo to meet upcoming obligations. This way currently held AMC shares transferred to VMC wouldn't be de-valued by a lower IPO. You could still keep shares back for future development stages.
Does this make sense?
Could you lock the VMC IPO price at whatever the value of AMC is when trading is halted? I think this would be the safest way: then re-calculate how many shares you need to release in a VMC ipo to meet upcoming obligations. This way currently held AMC shares transferred to VMC wouldn't be de-valued by a lower IPO. You could still keep shares back for future development stages.
Does this make sense?
No, I think the idea I had posted earlier makes alot of sense and will be the fairest in terms of price swaps.
If we simply froze right now, people who bought above current market price will lose and kenneth will have to do a fair amount of math to figure out how to fairly distribute shares of VMC.
The simplest way to do this is to announce that VMC will purchase all of AMC's stock at .0025, prompting the market to react and move AMC to .0025 and then market forces will by itself normalize price at .0025. Once this equillibrium has been reached, Kenneth can halt trading and initiate the 1 for 1 swaps.
I don't know how VMC can purchase AMC shares at .0025? Tell me how to do that please.
1.) Open VMC for trading, but do not put any asks
2.) Put a bid wall at .0025 for the remaining shares at the current .0025 wall for AMC
- (Currently at 1,567,351)
3.) Announce that in say 1-2 weeks time, you will allow users to exchange 1 share of AMC for 1 share of VMC, and that trading for AMC will be closing after this time.
Ok, I will keep this in mind.
I assume that the newly formed VMC security will have the duties and obligations of AMC with regards to shareholders, excepting the operating costs will be deducted from income before distribution of dividends
Ok, I create a VMC offering, AMC shareholder can exchange 1 share of AMC for 1 share of VMC. After the exchange period VMC will continue when
possible to purchase AMC shares on the open market until it has acquired all of AMC's shares. How does that sound?
possible to purchase AMC shares on the open market until it has acquired all of AMC's shares. How does that sound?
Sounds like an opportunity to game the system. What happens to the hold-outs who don't convert?
No problem, they stay in AMC as long as they want. We do not force anyone to move their shares to VMC.
AMC keeps trading, it is just a chance for those that want to get into the selling of equipment to get into VMC.
Ken,
Could you lock the VMC IPO price at whatever the value of AMC is when trading is halted? I think this would be the safest way: then re-calculate how many shares you need to release in a VMC ipo to meet upcoming obligations. This way currently held AMC shares transferred to VMC wouldn't be de-valued by a lower IPO. You could still keep shares back for future development stages.
Does this make sense?
Could you lock the VMC IPO price at whatever the value of AMC is when trading is halted? I think this would be the safest way: then re-calculate how many shares you need to release in a VMC ipo to meet upcoming obligations. This way currently held AMC shares transferred to VMC wouldn't be de-valued by a lower IPO. You could still keep shares back for future development stages.
Does this make sense?
No, I think the idea I had posted earlier makes alot of sense and will be the fairest in terms of price swaps.
If we simply froze right now, people who bought above current market price will lose and kenneth will have to do a fair amount of math to figure out how to fairly distribute shares of VMC.
The simplest way to do this is to announce that VMC will purchase all of AMC's stock at .0025, prompting the market to react and move AMC to .0025 and then market forces will by itself normalize price at .0025. Once this equillibrium has been reached, Kenneth can halt trading and initiate the 1 for 1 swaps.
I don't know how VMC can purchase AMC shares at .0025? Tell me how to do that please.
1.) Open VMC for trading, but do not put any asks
2.) Put a bid wall at .0025 for the remaining shares at the current .0025 wall for AMC
- (Currently at 1,567,351)
3.) Announce that in say 1-2 weeks time, you will allow users to exchange 1 share of AMC for 1 share of VMC, and that trading for AMC will be closing after this time.
Ok, I will keep this in mind.
Kenneth I will be sending you a PM in about 10 minutes time with further plans on how you can execute this and achieve maximum profit for both investors and yourself.
Ok, I create a VMC offering, AMC shareholder can exchange 1 share of AMC for 1 share of VMC. After the exchange period VMC will continue when
possible to purchase AMC shares on the open market until it has acquired all of AMC's shares. How does that sound?
possible to purchase AMC shares on the open market until it has acquired all of AMC's shares. How does that sound?
Sounds like an opportunity to game the system. What happens to the hold-outs who don't convert?
No problem, they stay in AMC as long as they want. We do not force anyone to move their shares to VMC.
AMC keeps trading, it is just an chance for those that want to get into the selling of equipment to get into VMC.
But then VMC does not own 100% of AMC.
AMC owns the IP.
It doesn't have to. The more it owns the better, but I don't see any reason it would have to own 100%. Over time
as it makes money it could purchase more and more of AMC shares. Do this make since?
Still gets paid its 10% no problem.
Ken,
Could you lock the VMC IPO price at whatever the value of AMC is when trading is halted? I think this would be the safest way: then re-calculate how many shares you need to release in a VMC ipo to meet upcoming obligations. This way currently held AMC shares transferred to VMC wouldn't be de-valued by a lower IPO. You could still keep shares back for future development stages.
Does this make sense?
Could you lock the VMC IPO price at whatever the value of AMC is when trading is halted? I think this would be the safest way: then re-calculate how many shares you need to release in a VMC ipo to meet upcoming obligations. This way currently held AMC shares transferred to VMC wouldn't be de-valued by a lower IPO. You could still keep shares back for future development stages.
Does this make sense?
No, I think the idea I had posted earlier makes alot of sense and will be the fairest in terms of price swaps.
If we simply froze right now, people who bought above current market price will lose and kenneth will have to do a fair amount of math to figure out how to fairly distribute shares of VMC.
The simplest way to do this is to announce that VMC will purchase all of AMC's stock at .0025, prompting the market to react and move AMC to .0025 and then market forces will by itself normalize price at .0025. Once this equillibrium has been reached, Kenneth can halt trading and initiate the 1 for 1 swaps.
I don't know how VMC can purchase AMC shares at .0025? Tell me how to do that please.
1.) Open VMC for trading, but do not put any asks
2.) Put a bid wall at .0025 for the remaining shares at the current .0025 wall for AMC
- (Currently at 1,567,351)
3.) Announce that in say 1-2 weeks time, you will allow users to exchange 1 share of AMC for 1 share of VMC, and that trading for AMC will be closing after this time.
Ok, I create a VMC offering, AMC shareholder can exchange 1 share of AMC for 1 share of VMC. After the exchange period VMC will continue when
possible to purchase AMC shares on the open market until it has acquired all of AMC's shares. How does that sound?
possible to purchase AMC shares on the open market until it has acquired all of AMC's shares. How does that sound?
Sounds like an opportunity to game the system. What happens to the hold-outs who don't convert?
No problem, they stay in AMC as long as they want. We do not force anyone to move their shares to VMC.
AMC keeps trading, it is just an chance for those that want to get into the selling of equipment to get into VMC.
But then VMC does not own 100% of AMC.
It doesn't have to. The more it owns the better, but I don't see any reason it would have to own 100%. Over time
as it makes money it could purchase more and more of AMC shares. Do this make since?
AMC owns the IP.
Ok, I create a VMC offering, AMC shareholder can exchange 1 share of AMC for 1 share of VMC. After the exchange period VMC will continue when
possible to purchase AMC shares on the open market until it has acquired all of AMC's shares. How does that sound?
possible to purchase AMC shares on the open market until it has acquired all of AMC's shares. How does that sound?
Sounds like an opportunity to game the system. What happens to the hold-outs who don't convert?
No problem, they stay in AMC as long as they want. We do not force anyone to move their shares to VMC.
AMC keeps trading, it is just an chance for those that want to get into the selling of equipment to get into VMC.
But then VMC does not own 100% of AMC.
It doesn't have to. The more it owns the better, but I don't see any reason it would have to own 100%. Over time
as it makes money it could purchase more and more of AMC shares. Do this make since?
Ken,
Could you lock the VMC IPO price at whatever the value of AMC is when trading is halted? I think this would be the safest way: then re-calculate how many shares you need to release in a VMC ipo to meet upcoming obligations. This way currently held AMC shares transferred to VMC wouldn't be de-valued by a lower IPO. You could still keep shares back for future development stages.
Does this make sense?
Could you lock the VMC IPO price at whatever the value of AMC is when trading is halted? I think this would be the safest way: then re-calculate how many shares you need to release in a VMC ipo to meet upcoming obligations. This way currently held AMC shares transferred to VMC wouldn't be de-valued by a lower IPO. You could still keep shares back for future development stages.
Does this make sense?
No, I think the idea I had posted earlier makes alot of sense and will be the fairest in terms of price swaps.
If we simply froze right now, people who bought above current market price will lose and kenneth will have to do a fair amount of math to figure out how to fairly distribute shares of VMC.
The simplest way to do this is to announce that VMC will purchase all of AMC's stock at .0025, prompting the market to react and move AMC to .0025 and then market forces will by itself normalize price at .0025. Once this equillibrium has been reached, Kenneth can halt trading and initiate the 1 for 1 swaps.
I don't know how VMC can purchase AMC shares at .0025? Tell me how to do that please.
Ok, I create a VMC offering, AMC shareholder can exchange 1 share of AMC for 1 share of VMC. After the exchange period VMC will continue when
possible to purchase AMC shares on the open market until it has acquired all of AMC's shares. How does that sound?
possible to purchase AMC shares on the open market until it has acquired all of AMC's shares. How does that sound?
Sounds like an opportunity to game the system. What happens to the hold-outs who don't convert?
No problem, they stay in AMC as long as they want. We do not force anyone to move their shares to VMC.
AMC keeps trading, it is just an chance for those that want to get into the selling of equipment to get into VMC.
But then VMC does not own 100% of AMC.
Ok, I create a VMC offering, AMC shareholder can exchange 1 share of AMC for 1 share of VMC. After the exchange period VMC will continue when
possible to purchase AMC shares on the open market until it has acquired all of AMC's shares. How does that sound?
possible to purchase AMC shares on the open market until it has acquired all of AMC's shares. How does that sound?
Sounds like an opportunity to game the system. What happens to the hold-outs who don't convert?
No problem, they stay in AMC as long as they want. We do not force anyone to move their shares to VMC.
AMC keeps trading, it is just a chance for those that want to get into the selling of equipment to get into VMC.
Ken,
Could you lock the VMC IPO price at whatever the value of AMC is when trading is halted? I think this would be the safest way: then re-calculate how many shares you need to release in a VMC ipo to meet upcoming obligations. This way currently held AMC shares transferred to VMC wouldn't be de-valued by a lower IPO. You could still keep shares back for future development stages.
Does this make sense?
Could you lock the VMC IPO price at whatever the value of AMC is when trading is halted? I think this would be the safest way: then re-calculate how many shares you need to release in a VMC ipo to meet upcoming obligations. This way currently held AMC shares transferred to VMC wouldn't be de-valued by a lower IPO. You could still keep shares back for future development stages.
Does this make sense?
Yes it does, however I would have to think of a way to do that. Need some time to think this over.
Jump to: