I don't understand why our money is handed to VMC and we take 100% of the risk but only get 10% of ANY profit in return.
I don't understand why investing in AMC is actually investing in VMC which is solely owned by Ken.
I don't understand why there is a need for the existence of VMC except to benefit Ken.
I don't understand why investing in AMC is actually investing in VMC which is solely owned by Ken.
I don't understand why there is a need for the existence of VMC except to benefit Ken.
It's not 100% of the risk first of all. Ken has by himself invested money into the company to the value of about $43,000 for the 6 Avalons currently running. Those Avalons are generating profit for the current 40,000,000 shares issued. Within a month another 300GH will be added to the AMC mining pile for dividends.
Within 2 weeks the Avalon prototype board will have been completed and when the 20,000 Avalon chips arrive in August, those as well will be added to the AMC mining array.
I dont think you understand that there are 3 sources of income for investing in AMC.
- Mining from AMC
- 100% of sales related to the eASIC chip until the NRE(shareholder buys) is paid off
- 10% sales from VMC thereafter
AMC will be paying us dividends for the Avalons, the Klondikes, the Avalon Clones, and when our chip starts being made, AMC will purchase as many machines as it can afford AT COST from VMC AND get paid for the NRE.
The machines have to be made and they have costs, the only difference is that VMC is manufacturing instead of AMC.
Take out the sales entirely and you still make back your investment several times over within a short amount of time.
