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Topic: [AMC]-The Official Active Mining Cooperative Discussion - page 50. (Read 223316 times)

sr. member
Activity: 476
Merit: 250
I've been a way for the past few hours and this is what i come back to. Finally some posts with substance and direction. This is awesome guys. Will continue to follow the discussion and put in my thoughts. Let's keep this positive dialogue going.

Agreed!  It only took about 40 pages but I think we are definitely getting somewhere.  Moving funs to Bitfunder as we speak. Grin

Well, we got rid of all the FUDsters.  Could not do anything with them here, seems like they have all left.
sr. member
Activity: 476
Merit: 250
I just came up with an idea to solve this problem.

I will create an VMC offering, then VMC will purchase AMC.  There you have it that is the solution.  Tell me what you think.
sr. member
Activity: 266
Merit: 250
I've been a way for the past few hours and this is what i come back to. Finally some posts with substance and direction. This is awesome guys. Will continue to follow the discussion and put in my thoughts. Let's keep this positive dialogue going.

Agreed!  It only took about 40 pages but I think we are definitely getting somewhere.  Moving funs to Bitfunder as we speak. Grin
sr. member
Activity: 294
Merit: 250
Also, How can you only have 50,000 some shares?

Who is in possession of the shares that comprise that 1.5 million share wall at .0025?
He purchased the shares as Ken, not AMC
full member
Activity: 238
Merit: 100
Ken, if you know how much money you need from investors; then based on the current price of AMC and the percentage of shares AMC needs to pay for everything (including salaries, etc) , I think that should about do it, right? Then some reserved shared that wont be issued unless you need to raise more money.

I do not quite know what you are say here, could you re-phrase it.

Sorry:

5 things:

Calculate how much money  AMC needs now
Calculate how many shares is that based off the current value of AMC
Add that to the number of shares currently releasd to shareholders.
Add in the proper amount of AMC's private shares to pay for everything
Keep a reserve of unpaid shares on the side that should only be issued when you need to raise more money.

He already did this, this was the 2 million shares at .0025.

In order to attain his goal, he needs to provide good news to the point where investors feel confident enough to purchase back up to that wall again.
sr. member
Activity: 350
Merit: 250
I've been a way for the past few hours and this is what i come back to. Finally some posts with substance and direction. This is awesome guys. Will continue to follow the discussion and put in my thoughts. Let's keep this positive dialogue going.
sr. member
Activity: 294
Merit: 250
Ken, if you know how much money you need from investors; then based on the current price of AMC and the percentage of shares AMC needs to pay for everything (including salaries, etc) , I think that should about do it, right? Then some reserved shared that wont be issued unless you need to raise more money.

I do not quite know what you are say here, could you re-phrase it.

Sorry:

5 things:

Calculate how much money  AMC needs now
Calculate how many shares is that based off the current value of AMC
Add that to the number of shares currently releasd to shareholders.
Add in the proper amount of AMC's private shares to pay for everything
Keep a reserve of unpaid shares on the side that should only be issued when you need to raise more money.
full member
Activity: 238
Merit: 100
Also, How can you only have 50,000 some shares?

Who is in possession of the shares that comprise that 1.5 million share wall at .0025?
sr. member
Activity: 476
Merit: 250
Ken, if you know how much money you need from investors; then based on the current price of AMC and the percentage of shares AMC needs to pay for everything (including salaries, etc) , I think that should about do it, right? Then some reserved shared that wont be issued unless you need to raise more money.

I do not quite know what you are saying here, could you re-phrase it.
full member
Activity: 238
Merit: 100

Ok, Let say we merge AMC and VMC, who is going to run it?

Ken I was happy with you running things before. I still am.

Tell us what resources you need, I'm sure we can work something out. We all want this to succeed.

Well, first let get down to salary, I am not getting one now, but I would like to get one.  What is the pay?

Whenever AMC makes profit, you take the majority of it since you are the majority shareholder. This should provide significant revenue if your projections for the company are anywhere near accurate.

Yes, I am very high on AMC, so I now would get the dividends on my shares, right?

Just continue with your current plan, and you will make plenty of money.

Even right now, with 434 GH/s mining capability, AMC is producing over 10 Bitcoins per day, correct? How many shares do you currently own out of the 40,000,000 released? Even if you only have a third of outstanding shares, you earn over $300 a day at this rate just sitting around. Once you get everything going with the hardware you will earn alot more as long as you have shares. You would be receiving dividends yes.

I own very little of the 40,000,000 shares released, only some that I bought because I has 7 BTC floating around and then I bought some this last weekend to support the price, this was in my private account.  Somewhere south of 50,000 shares.

In any case, by 2014 you will own 60,000,000 shares out of 100,000,000.

If you want to go ahead and pay yourself salary, by all means go ahead and do it and have it count as expenses to be deducted before dividends are paid out. But the main issue right now is that there is very little shareholder confidence as can be seen by the plummeting share price. Honestly, right now I have 0 shares of AMC but I have just withdrew my just-dice balance and sold out of ASICminer because I feel as though your presence and interaction as of late are very positive signs. I am just waiting for any news on the front of an AMC-VMC merger that would tip my hand, and I am sure hundreds of other people feel the exact same way.

If you announced such a merge, the share price will surely rise and once again hit that .0025 you had put up earlier. At this point, you will again be receiving funding from us purchasing shares from you at your wall which will then fund the development of hardware by AMC.
sr. member
Activity: 294
Merit: 250
EDIT: see below
sr. member
Activity: 476
Merit: 250

Ok, Let say we merge AMC and VMC, who is going to run it?

Ken I was happy with you running things before. I still am.

Tell us what resources you need, I'm sure we can work something out. We all want this to succeed.

Well, first let get down to salary, I am not getting one now, but I would like to get one.  What is the pay?

Whenever AMC makes profit, you take the majority of it since you are the majority shareholder. This should provide significant revenue if your projections for the company are anywhere near accurate.

Yes, I am very high on AMC, so I now would get the dividends on my shares, right?

Just continue with your current plan, and you will make plenty of money.

Even right now, with 434 GH/s mining capability, AMC is producing over 10 Bitcoins per day, correct? How many shares do you currently own out of the 40,000,000 released? Even if you only have a third of outstanding shares, you earn over $300 a day at this rate just sitting around. Once you get everything going with the hardware you will earn alot more as long as you have shares. You would be receiving dividends yes.

I own very little of the 40,000,000 shares released, only some that I bought because I has 7 BTC floating around and then I bought some this last weekend to support the price, this was in my private account.  Somewhere south of 50,000 shares.
full member
Activity: 238
Merit: 100

Ok, Let say we merge AMC and VMC, who is going to run it?

Ken I was happy with you running things before. I still am.

Tell us what resources you need, I'm sure we can work something out. We all want this to succeed.

Well, first let get down to salary, I am not getting one now, but I would like to get one.  What is the pay?

Whenever AMC makes profit, you take the majority of it since you are the majority shareholder. This should provide significant revenue if your projections for the company are anywhere near accurate.

Yes, I am very high on AMC, so I now would get the dividends on my shares, right?

Just continue with your current plan, and you will make plenty of money.

Even right now, with 434 GH/s mining capability, AMC is producing over 10 Bitcoins per day, correct? How many shares do you currently own out of the 40,000,000 released? Even if you only have a third of outstanding shares, you earn over $300 a day at this rate just sitting around. Once you get everything going with the hardware you will earn alot more as long as you have shares. You would be receiving dividends yes.
sr. member
Activity: 476
Merit: 250
Does BitFunder tax dividends?

You mean a fee?  No there is no fee on dividends.
sr. member
Activity: 476
Merit: 250

Ok, Let say we merge AMC and VMC, who is going to run it?

Ken I was happy with you running things before. I still am.

Tell us what resources you need, I'm sure we can work something out. We all want this to succeed.

Well, first let get down to salary, I am not getting one now, but I would like to get one.  What is the pay?

Whenever AMC makes profit, you take the majority of it since you are the majority shareholder. This should provide significant revenue if your projections for the company are anywhere near accurate.

Yes, I am very high on AMC, so I now would get the dividends on my shares, right?
sr. member
Activity: 294
Merit: 250
Does BitFunder tax dividends?
full member
Activity: 238
Merit: 100

Ok, Let say we merge AMC and VMC, who is going to run it?

Ken I was happy with you running things before. I still am.

Tell us what resources you need, I'm sure we can work something out. We all want this to succeed.

Well, first let get down to salary, I am not getting one now, but I would like to get one.  What is the pay?

Whenever AMC makes profit, you take the majority of it since you are the majority shareholder. This should provide significant revenue if your projections for the company are anywhere near accurate.
sr. member
Activity: 294
Merit: 250
You get this rolling Ken and you'll get more money than you know what to do with it.
hero member
Activity: 896
Merit: 500
Dolphins Finance TRUSTED FINANCE
Ok, Let say we merge AMC and VMC, who is going to run it?

You!

No one is saying to remove you lol Smiley

You just need to merge AMC and VMC into one and fix this MASSIVE problem!

Then you can get back to running AMC, as one simplified business, stop the trolls (ok that will never stop), increase shareholder trust and loyality, AND, give a good brand name to AMC so that customers will buy chips/hardware from our one AMC business.

See ... so nice and simple!

[insert nike slogan here]
sr. member
Activity: 476
Merit: 250

Ok, Let say we merge AMC and VMC, who is going to run it?

Ken I was happy with you running things before. I still am.

Tell us what resources you need, I'm sure we can work something out. We all want this to succeed.

Well, first let get down to salary, I am not getting one now, but I would like to get one.  What is the pay?
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