Topic: Should ActM shareholders try and get a lawsuit going? (Read 2543 times)

Lets just get a group of people together who want their coin back and everyone else can just not have theirs. There may not be enough to pay everyone back but there may be enough to pay some of us back.

I don't see what you do.

PROGRESS REPORT

As of November 30th 2013

...

Shipping:

We have this last week shipped our first products to customers.

So you have no problem with Ken lying to us for months?

So you have no problem with Ken lying to us for months?

The only scam I see around here is the fact that a non shareholder with a personal vendetta is trying to stir up shit and cause trouble and given that half a dozen 'yes' votes are all from crumb's many faces and the rest are from ActM competitors and Asic Miner fan boys, what we have ladies and gentlemen is a nominee for the funniest bitcointalk thread of the year!  Lol.  

Seriously guys, get real.  'Let's sue Ken, but hold on won't he spend our Bitcoins on paying his lawyer to defend himself?'.  The first lawyers office you went into would laugh you out the building for Pete's sake.  Total hysteria and frankly quite embarrassing.  Kids, you can't sue a company because they informed you they are behind schedule and have experienced issues with a sub contractor and you are butt hurt because you can't cash in any bitcoins yet for some spendies now that Bitcoins are $1000 a pop.  Life lesson 1:  life can seem a bit unfair and the answer is seldom to sue.  

Difference being of course, obvious for people that aren't comopletely inept at thinking, is that we know who is behind the show. You lot had no idea who was even behind labcoin for so long. You had inklings, but had never even seen the person connected to an actual identity. Honestly all VE's facebook digging did is cement the fact that you are dealing with a real person, with real connections that are able to be contacted. Not labcoin 2.0, at all.

Rip-off Report

http://www.ripoffreport.com/r/virtual-mining-corp/springfield-missouri-65802/virtual-mining-corp-vmc-ripoff-by-virtual-mining-corp-vmc-bitcoin-mining-company-spring-1107833

Exact same responses people gave during the Labcoin scam...'don't get authorities involved it'll just cause more trouble and we'll end up with nothing'. Turns out that delay cost everyone big time. Hope people learned something between then and now.... we need to pressure Active Mining until they give us real info, and don't take no for an answer.

Ken was being tricky/smart with his words, he didn't say anything about shipping miners. So many assumptions are going on here and theres nothing you can legally do to Ken for keeping quiet about what's going on behind the scenes...

Are any of you "shareholders" living in the US? Again, I wish you goodluck

Apparently Milky missed my rant last week bitching at Ken for more info

But honestly, this is the dumbest shit I've ever heard - suing the company for having problems and delays? This is risky stuff, deal with it. Don't be mad because Ken didn't make you rich as quick as you would've liked.

Not Gerald Slaughter, this is a troll.

Wow I knew it was going to get worse...

No wonder I had this dipshit on ignore, he fucking "works" for ActM/VMC.

Give me a break.


Edit: Since your prediction was "obvious" for everything being on schedule, do you mind enlightening everyone publicly why and when everything became off schedule?

Yes my name is Gerald Slaughter. That prediction I made was based on everything being on schedule (obviously). But hey I wasnt wrong, there is no share price and none of you even have shares.

Goodluck idiots, you're only hurting yourselves here

Based on Ken's last update, ActM are months behind schedule for having working miners and by the time ActM do have miners they're going to be useless:

Is your name Gerald by any chance?

i can't believe people are voting no here.

we have shares, being held by ken, and we can't verify them, move them, even ASK him to confirm they exist, and yet you people who invested 1+ BTC don't want to sue?

sue his ***.
of course i am onboard.

volanic eruptor has a bunch of his personal info too.

i will happily pay this guy a visit.

And the result? Everything blocked for months. Wheres the advantage?

I think Ken is acting stupid profit wise but a court blocking everything for months or years and getting pennies back in some years is no alternative.

And the result? Everything blocked for months. Wheres the advantage?

I think Ken is acting stupid profit wise but a court blocking everything for months or years and getting pennies back in some years is no alternative.

Exact same responses people gave during the Labcoin scam...'don't get authorities involved it'll just cause more trouble and we'll end up with nothing'. Turns out that delay cost everyone big time. Hope people learned something between then and now.... we need to pressure Active Mining until they give us real info, and don't take no for an answer.

Give it a go. Why not.

It will cost you a fortune and when the Judge sees Ken's lawyer and Ken's lawyer shows the Judge receipts that show Ken is still trading and awaiting suppliers and contractors to deliver, the Judge will tell you to FO and to not bother him again. He might even pass all the costs for the case over to you.

And justice will be served as you need to sell your house to pay for court fees and I'll be sitting counting my ACtM divs in March 2015.

PROGRESS REPORT

As of November 30th 2013

...

Shipping:

We have this last week shipped our first products to customers.

Weekly Update: 1/8/13

Question From VinceSamios:


Crypto-Trade and ChromaWallet (colored Coins).  As soon as we get time to finish the
verification interface; however, our core business comes first and working on Intellihash.


Our engineers are still designing our board. We had to change our engineering firm, and
learn a few lessons about hiring an engineer firm.  We don't have a date at this time.


Due to our inexperience with design, we have had a few set backs; however, we have hired
the most competent RTL design team to make sure that when we spin up our chip it will work.  They are
very competent at Low-Power and getting the most speed from the chip.


Not at this time.

Comment From The CEO

How I see us going forward is we will get our chip and boards into production as soon as possible.  Active Mining is in one of the best positions to take advantage of the Bitcoin network.  Once we have our chips and boards in production this year we will be one of only two companies in the world which manufactures Bitcoin mining hardware and also mines.  With this combination we have unlimited availability to bitcoin mining hardware only limited by our resources.  What I see in the future is bitcoin's exchange rate for USD going to over $10,000 in the next year.  If this happens Active Mining with its own chip, our current resources which will be increasing with the exchange rate, and eASIC as our partner will put us in an excellent position to dominate our market.  Intellihash will just be an added boost should it turn out to be a game changer.

Kenneth E. Slaughter, CEO/CTO


Forward Looking Statements:

This press release contains forward-looking statements, including, without limitation, statements related to VMC’s future sales and the value of bitcoin and future hashing rates. Words such as "expects" and similar expressions are intended to identify forward-looking statements. These forward-looking statements are based upon VMC’s current expectations. Forward-looking statements involve risks and uncertainties. The company’s actual results and the timing of events could differ materially from those anticipated in such forward-looking statements as a result of these risks and uncertainties, which include, without limitation, economic conditions, customer business environment and inventory levels, government and technological factors outside of our control, adoption and roll-out of products, risks related to ability to capitalize on growth opportunities and markets, risks related to our ability to manage our growth and other risks that may cause our business, industry, strategy or actual results to differ materially from the forward-looking statements. VMC expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein.

Active Mining PR-Staff