I am reworking the plan and will be posting it in AMC's official discussion thread, to get comments from the community.

Sorry, if I mislead you, I did not mean to, I put ordered in the contract which is what I did.  As you may have noticed, the 6 Avalon's above show that they have been purchased and confirmed not just ordered.

I sent an order in, however I did not receive a confirmation and I because of my stupid mistake did not
get the uptake on AMC's offering so as to be able to pay for them.

So I am reworking AMC offer and when ready I will post it in AMC's Official Discussion Thread for the community
to make comments on before it goes live on Bitfunder.

I just want to thank everyone in the community for point out all of the problems in the original offering.  I have incorporated,
I think most of the communities concerns in the new offering.   

Looks like C code, kinda funny.

I did not confuse C with C#, I know the difference.  I was just showing him some of
my code.

Reworking the offering.


Check out info on the offering here:

https://bitfunder.com/asset/AMC

I will unlock this thread when we get the offering reworked.

I ordered them, but they are not confirmed.  Even if I had them you still would
not believe it.

Here you go, I hope this makes you happy.

void getBlocksAndThreads(int n, int &blocks, int &threads)
{
   threads = (n < MAX_REDUCTION_THREADS*2) ? nextPow2((n + 1)/ 2) : MAX_REDUCTION_THREADS;
    blocks = (n + (threads * 2 - 1)) / (threads * 2);
   blocks = MIN(MAX_REDUCTION_BLOCKS, blocks);
}




template <class T>
void
getreduced(int size, int threads, int blocks, T *d_idata, T *d_odata, int multiple = 1, int total_size = 0)
{
   dim3 dimBlock(threads, 1, 1);
    dim3 dimGrid(blocks, multiple, 1);
    int smemSize = (threads <= 32) ? 2 * threads * sizeof(T) : threads * sizeof(T);

   //if total size is not default then use mutiple reductions kernel
   if (multiple > 1)
   {
      if (isPow2(size))
      {
         switch (threads)
         {
         case 512:
            reduce6_multiple<T, 512, true><<< dimGrid, dimBlock, smemSize >>>(d_idata, d_odata, size, total_size); break;
         case 256:
            reduce6_multiple<T, 256, true><<< dimGrid, dimBlock, smemSize >>>(d_idata, d_odata, size, total_size); break;
         case 128:
            reduce6_multiple<T, 128, true><<< dimGrid, dimBlock, smemSize >>>(d_idata, d_odata, size, total_size); break;
         case 64:
            reduce6_multiple<T,  64, true><<< dimGrid, dimBlock, smemSize >>>(d_idata, d_odata, size, total_size); break;
         case 32:
            reduce6_multiple<T,  32, true><<< dimGrid, dimBlock, smemSize >>>(d_idata, d_odata, size, total_size); break;
         case 16:
            reduce6_multiple<T,  16, true><<< dimGrid, dimBlock, smemSize >>>(d_idata, d_odata, size, total_size); break;
         case  8:
            reduce6_multiple<T,   8, true><<< dimGrid, dimBlock, smemSize >>>(d_idata, d_odata, size, total_size); break;
         case  4:
            reduce6_multiple<T,   4, true><<< dimGrid, dimBlock, smemSize >>>(d_idata, d_odata, size, total_size); break;
         case  2:
            reduce6_multiple<T,   2, true><<< dimGrid, dimBlock, smemSize >>>(d_idata, d_odata, size, total_size); break;
         case  1:
            reduce6_multiple<T,   1, true><<< dimGrid, dimBlock, smemSize >>>(d_idata, d_odata, size, total_size); break;
         }
      }
      else
      {
         switch (threads)
         {
         case 512:
            reduce6_multiple<T, 512, false><<< dimGrid, dimBlock, smemSize >>>(d_idata, d_odata, size, total_size); break;
         case 256:
            reduce6_multiple<T, 256, false><<< dimGrid, dimBlock, smemSize >>>(d_idata, d_odata, size, total_size); break;
         case 128:
            reduce6_multiple<T, 128, false><<< dimGrid, dimBlock, smemSize >>>(d_idata, d_odata, size, total_size); break;
         case 64:
            reduce6_multiple<T,  64, false><<< dimGrid, dimBlock, smemSize >>>(d_idata, d_odata, size, total_size); break;
         case 32:
            reduce6_multiple<T,  32, false><<< dimGrid, dimBlock, smemSize >>>(d_idata, d_odata, size, total_size); break;
         case 16:
            reduce6_multiple<T,  16, false><<< dimGrid, dimBlock, smemSize >>>(d_idata, d_odata, size, total_size); break;
         case  8:
            reduce6_multiple<T,   8, false><<< dimGrid, dimBlock, smemSize >>>(d_idata, d_odata, size, total_size); break;
         case  4:
            reduce6_multiple<T,   4, false><<< dimGrid, dimBlock, smemSize >>>(d_idata, d_odata, size, total_size); break;
         case  2:
            reduce6_multiple<T,   2, false><<< dimGrid, dimBlock, smemSize >>>(d_idata, d_odata, size, total_size); break;
         case  1:
            reduce6_multiple<T,   1, false><<< dimGrid, dimBlock, smemSize >>>(d_idata, d_odata, size, total_size); break;
         }
      }
   }
   //only require a single reduction
   else
   {
      if (isPow2(size))
      {
         switch (threads)
         {
         case 512:
            reduce6<T, 512, true><<< dimGrid, dimBlock, smemSize >>>(d_idata, d_odata, size); break;
         case 256:
            reduce6<T, 256, true><<< dimGrid, dimBlock, smemSize >>>(d_idata, d_odata, size); break;
         case 128:
            reduce6<T, 128, true><<< dimGrid, dimBlock, smemSize >>>(d_idata, d_odata, size); break;
         case 64:
            reduce6<T,  64, true><<< dimGrid, dimBlock, smemSize >>>(d_idata, d_odata, size); break;
         case 32:
            reduce6<T,  32, true><<< dimGrid, dimBlock, smemSize >>>(d_idata, d_odata, size); break;
         case 16:
            reduce6<T,  16, true><<< dimGrid, dimBlock, smemSize >>>(d_idata, d_odata, size); break;
         case  8:
            reduce6<T,   8, true><<< dimGrid, dimBlock, smemSize >>>(d_idata, d_odata, size); break;
         case  4:
            reduce6<T,   4, true><<< dimGrid, dimBlock, smemSize >>>(d_idata, d_odata, size); break;
         case  2:
            reduce6<T,   2, true><<< dimGrid, dimBlock, smemSize >>>(d_idata, d_odata, size); break;
         case  1:
            reduce6<T,   1, true><<< dimGrid, dimBlock, smemSize >>>(d_idata, d_odata, size); break;
         }
      }
      else
      {
         switch (threads)
         {
         case 512:
            reduce6<T, 512, false><<< dimGrid, dimBlock, smemSize >>>(d_idata, d_odata, size); break;
         case 256:
            reduce6<T, 256, false><<< dimGrid, dimBlock, smemSize >>>(d_idata, d_odata, size); break;
         case 128:
            reduce6<T, 128, false><<< dimGrid, dimBlock, smemSize >>>(d_idata, d_odata, size); break;
         case 64:
            reduce6<T,  64, false><<< dimGrid, dimBlock, smemSize >>>(d_idata, d_odata, size); break;
         case 32:
            reduce6<T,  32, false><<< dimGrid, dimBlock, smemSize >>>(d_idata, d_odata, size); break;
         case 16:
            reduce6<T,  16, false><<< dimGrid, dimBlock, smemSize >>>(d_idata, d_odata, size); break;
         case  8:
            reduce6<T,   8, false><<< dimGrid, dimBlock, smemSize >>>(d_idata, d_odata, size); break;
         case  4:
            reduce6<T,   4, false><<< dimGrid, dimBlock, smemSize >>>(d_idata, d_odata, size); break;
         case  2:
            reduce6<T,   2, false><<< dimGrid, dimBlock, smemSize >>>(d_idata, d_odata, size); break;
         case  1:
            reduce6<T,   1, false><<< dimGrid, dimBlock, smemSize >>>(d_idata, d_odata, size); break;
         }
      }
   }
}

I received an email from Avalon, I believe on March 20, 2013, then I think I found a post on BitcoinTalk which stated that the price for a 3 unit model was 88 BTC
and that a 4 unit model was 115.  It also said to send Ngzhang an email if you wanted to order 50 units or more, so that is what I did.  I was hurrying to change my
offering because of the over 4X price increase and the fact that it said they where going to start selling on Friday.  I did not use the link because I sent the email, however
I was working hard to get the offer up and raise the money to purchase at least 50 units if I could.  That is why there is 2 orders of 50.

Working with Ukto at bitfunder on getting AMC back up.

Ok, Here is a little c# code from my own tabbed browser called Internet Cruiser that I wrote about 10 years ago and submitted to Microsoft.

using System;
using System.Collections;
using System.ComponentModel;
using System.Drawing;
using System.Data;
using System.Windows.Forms;

namespace ICruiser
{
   /// <summary>
   /// Summary description for BrowserWindow.
   /// </summary>
   public class BrowserWindow : System.Windows.Forms.UserControl
   {
      private AxSHDocVw.AxWebBrowser axWebBrowser1;
      private String strStartPage;
      /// <summary>
      /// Required designer variable.
      /// </summary>
      private System.ComponentModel.Container components = null;

      public BrowserWindow()
      {
         // This call is required by the Windows.Forms Form Designer.
         InitializeComponent();

         object o=null;
         axWebBrowser1.Navigate("http://www.google.com/search?as_q=&num=10&hl=en&ie=UTF-8&oe=UTF-8&btnG=Google+Search&as_epq=test&as_oq=&as_eq=&lr=&as_ft=i&as_filetype=&as_qdr=all&as_occt=any&as_dt=i&as_sitesearch=&safe=images",ref o,ref o,ref o, ref o);

      }

      public BrowserWindow(String URL)
      {
         strStartPage = URL;
         // This call is required by the Windows.Forms Form Designer.
         InitializeComponent();

         object o=null;
         axWebBrowser1.Navigate(URL,ref o,ref o,ref o, ref o);

      }


      /// <summary>
      /// Clean up any resources being used.
      /// </summary>
      protected override void Dispose( bool disposing )
      {
         if( disposing )
         {
            if(components != null)
            {
               components.Dispose();
            }
         }
         base.Dispose( disposing );
      }

      #region Component Designer generated code
      /// <summary>
      /// Required method for Designer support - do not modify
      /// the contents of this method with the code editor.
      /// </summary>
      private void InitializeComponent()
      {
         System.Resources.ResourceManager resources = new System.Resources.ResourceManager(typeof(BrowserWindow));
         this.axWebBrowser1 = new AxSHDocVw.AxWebBrowser();
         ((System.ComponentModel.ISupportInitialize)(this.axWebBrowser1)).BeginInit();
         this.SuspendLayout();
         //
         // axWebBrowser1
         //
         this.axWebBrowser1.Enabled = true;
         this.axWebBrowser1.Location = new System.Drawing.Point(0, 0);
         this.axWebBrowser1.OcxState = ((System.Windows.Forms.AxHost.State)(resources.GetObject("axWebBrowser1.OcxState")));
         this.axWebBrowser1.Size = new System.Drawing.Size(1344, 600);
         this.axWebBrowser1.TabIndex = 0;
         //
         // BrowserWindow
         //
         this.Controls.Add(this.axWebBrowser1);
         this.Name = "BrowserWindow";
         this.Size = new System.Drawing.Size(1344, 592);
         ((System.ComponentModel.ISupportInitialize)(this.axWebBrowser1)).EndInit();
         this.ResumeLayout(false);

      }
      #endregion
   }
}

No, I was not inactive, I have been reading this forum since 2009.

Deprived, Yes the plan if you would read it completely does say what happens if it is sold.

The ASICMiner shares are just a hold place for funds until we have to use them, lot better to be getting dividends for our share holders that to have the funds sitting in a account
earning anything.  It was Ukto suggestion to do that and I agreed that it was good.  The ASICMiner shares are very liquid, so as we need funds to execute our plan we will sell
the ASICMiner shares.

I also have the paper work here to rescidn the administrative dissolution of Virtual Mining, Inc. and a form to
register a fictitious name.  I will be completing this in the next few days.

Yes, I did order the 2 orders of 50 by sending an email to  ngzhang as he instructed in his email, however I have not receive a confirmation on them.

Here is the source of the email which you will say I forged, but here it is:

From - Thu Mar 21 20:12:50 2013
X-Mozilla-Status: 0001
X-Mozilla-Status2: 00800000
X-Mozilla-Keys:                                                                                 
Message-ID: <514BB00C.30008@axs.net>
Date: Thu, 21 Mar 2013 20:12:44 -0500
From: AXS CEO <ceo@axs.net>
User-Agent: Mozilla/5.0 (X11; Linux x86_64; rv:17.0) Gecko/20130106 Thunderbird/17.0.2
MIME-Version: 1.0
To: ngzhang@avalon-asic.com
Subject: Batch 3 Order
X-Enigmail-Version: 1.5.1
Content-Type: text/plain; charset=ISO-8859-1
Content-Transfer-Encoding: 7bit

-----BEGIN PGP SIGNED MESSAGE-----
Hash: SHA1

Ngzhang,

I would like to place 2 orders in batch 3 of 50 units each of the 85
GH/s for 115 BTC each.

Kenneth E. Slaughter
Active Mining Cooperative
1951 S. Oak Grove Ave.
Springfield, Missouri 65804-2703
USA
-----BEGIN PGP SIGNATURE-----
Version: GnuPG v1.4.11 (GNU/Linux)
Comment: Using GnuPG with Thunderbird - http://www.enigmail.net/

iQEcBAEBAgAGBQJRS7AMAAoJEPmYHA+XVCMSPgcH/iNNMUvhcFtsduewNZaq6glG
pzwP8/u0+rKXSHb0N+Bh29C25ODGS9lbmZHyOfiM8iU/bUvzFo7v/ojtyauLpkLS
woGQJQwDOIKmqidC4YLHv0LEclOXP6r5Cr+UHIPHfRJyLtJK/KfLPsBCurzprwiP
tsc8bLWaA3XVnxh7DTnmgjry+8MPvJvBMxREtpvMimXtZ8JAzI9bVQLtb+IKOaOT
qEJtfO97yIikOknCRRDbVHCxStjkdmlXAIHqOGR9QA5L3KFSWy8DF5IBl1DGmBnh
RqBBxfmx5nye/dZQ4p1Pq+C6MrsFkMPtGCLgUJPCd99WeFPDN+mjVgJligVNKMs=
=QgbG
-----END PGP SIGNATURE-----

You are right Deprived, both Mac65 and I are more doers that talkers, so I just read post here most of the time I don't log in.  Now, I see
I should have been logging in.  I have now post in my thread my business experience and named the one of my most successful companies.

Mac65 is running two very successful businesses right now.  I have been talking to him about Bitcoins, over the last year.  He has just now
ordered some units from BFL to get started in mining.  

I started mining in 2009, got off on another track until early 2012 when I started mining with GPU's

Just because we have not been logged in to this board does not mean that we are not real. I am kind of unsociable and more of a doer.

But, you can take it for what it is worth.  It just will take a little time to build up trust, so I have started down that road.

The team is made up of Independent Contractors that I have known for a long time that have different skills in different areas, which I
pay for their services.   Yes. the devil is in the details.  I use lot of professionals to get the details done.  I am working with a Major
Semiconductor Company now with lots of professional I can hire, if needed to complete the project.

So, just sit back and watch as we put this project together, start paying dividends from our ASICminer fund, the purchased Avalon's, and
our ASIC 45nm chip that we can get prototypes in a 5-10 week time-frame after delivering them our RTL.
 

Date Registered: September 28, 2010, 01:16:14 PM

I don't either, did you hear that ASICminer is going to put 200TH on line in the next few months, so AMC will not centralize Bitcoin at all.

SPRINGFIELD, MO, – March 23, 2013 – AMC a hybrid mining and development cooperative has announced today that they are in talks with a Major Semiconductor Company which can provide ASIC's with lower up-front development cost, time, and reduced risk which are greatly reduced over other ASIC's. AMC said "With their simplified design flow, the time from RTL to device tape-out is typically only five to ten weeks for prototypes. This enables AMC's designers to bring new Bitcoin mining products on line quickly; then rapidly develop derivative products to cater to the Bitcoin's changing market requirements.

No too much, however burnside was questioning a corporation that I had.

I have just opened up the [BitFunder] AMC - The Official Active Mining Cooperative Discussion so you may want to post there
any questions there.  I won't be answer questions here just fighting fires here.

That is not the Legal definition, you need to look it up in a Legal dictionary,

business n. any activity or enterprise entered into for profit. It does not mean it is a company, a corporation, partnership, or have any such formal organization, but it can range from a street peddler to General Motors. It is sometimes significant to determine if an accident, visit, travel, meal or other activity was part of "business" or for pleasure or no particular purpose.

http://legal-dictionary.thefreedictionary.com/business

The offering on Bitfunder.com AMC has been reworked to provide the community with more information about the source of revenue that will be provided by this Hybrid mining and development cooperative.  The ASICMiner part of the plan is designed to provide income to cooperative when funds raised by the offering is idle.

Since I do not believe in censorship, I will not be deleting any comments (positive or negative) in this thread, however I will be replying to them to explain any concerns.

[AMC] Hardware discussion and F.A.Q.

Update: AMC is merging with VMC, so all AMC shareholders will have the possibility to convert their shares into VMC shares, at a 1:1 ratio. This FAQ will also be updated in the future to reflect these changes.

So, where can I see the current AMC hashrate and mining profits?
Currently AMC mines on BTC Guild at around 430GH/s, as User 211435 and as Team AMC. Accumulated mining profits are stored in BTC address 1DJpsvnM7xTnQbWEhLYyCyfxQyxwupEzCa. Here's a graph of that.

So, what do shares represent? Ownership?
Shares do not represent ownership, they are "solely a distribution mechanism for rights to profits", and used as a means to liquidation.

Wait a minute... I'm not "owning" a part of AMC, just a piece of the "profits"
Welcome to the bitcoin stock exchange game. Learn the risks and stay, or don't. Please read https://bitcointalk.org/index.php?topic=245713.msg2616979#msg2616979

So, shares represent a part of profits then. How are they distributed?
- Until at least May 2014, on the initial 40M, a minimum of 20M are retained for growth and expansion and a maximum of 20M can be sold to investors.
- In May 2014, or when 0.0005 is payed by share, whichever happens later, an extra 60M are created, for the final total of 100M. On these remaining 60M, a minimum of 20M are retained for growth and expansion and a maximum of 40M can be sold to investors, with 40M being retained by AMC/Ken.

So, I heard I am earning a lot from AMC right now, by bagging the dividends from all the unsold shares out of the 40M?
Wrong. The contract specifies that all dividends from "issued" shares still on AMC's hands are retained by the growth and expansion fund (the contract was originally written using correct terminology, but BF considers all shares "issued").
The first time I get a part of AMC will be after a year of work (May 2014), when the rest of the 60M are issued. At that time, more 20M can be sold to investors, and I retain the remaining 40M.

So, how can AMC be valued since shares do not directly represent ownership, but profits?
You can use a simple conversion for it: [#investor's_shares * current_price], with [1 - #investor's_shares/40M] (%) of dividends being kept for reinvestment.
Using current values (2nd July 2013), there are ~6M shares sold to investors and ~34M in the growth/expansion fund. At a price of 0.001, AMC is valued at 6M*0.001 = BTC6000, with 1-6/40 = 85% of dividends being kept for reinvestment.

I've read a lot of announcements, but have yet to see real documents. Can you please provide some?
Engineering Firm quote for Avalon machines: http://axs.net/AMC/SB-Prototype-Quote.jpg
eASIC NDA: http://axs.net/AMC/eAsic-NDA0001.jpg and http://axs.net/AMC/eAsic-NDA0002.jpg

So, how will the division between AMC and VMC be implemented, in respect to chip/machine sales?
Roughy, AMC takes care of the chips, VMC takes care of the machines:
- AMC develops the chip, pays the chip's NRE and sells the chip in bulk to customers (using VMC as intermediary).
- VMC uses AMC's chip (or any other chips) and builds bitcoin miners, paying a royalty cost to AMC whenever its IP is used.

Chip sales: AMC holds IP rights on the Fast-Hash-ONE chips, so AMC contracts with VMC the following services: (a) the representation services to negotiate chip production with eASIC and (b) the re-selling of AMC's chips in bulk. AMC also guarantees chip exclusivity to VMC, so that AMC won't negotiate a chip supply contract to any other bitcoin systems manufacturer. AMC gets 70% back from the profits on the sale of bulk chips, while VMC gets 30%. All of VMC's expenses, including representation, chip stock management and re-shipping expenses to final customers are taken from their 30% profit.

System sales: AMC also allows VMC to buy chips directly from eASIC at the lowest cost, for the manufacturing of bitcoin mining systems. On every sale of these systems or parts of it that contain AMC chips or IP, AMC receives a 10% royalty fee from the total gross sales revenue. Example: if a customer purchases a system for BTC100, AMC receives BTC10, whatever the profit margins for VMC are.