He did the rational thing. Are you actually upset with him for this?

Hell even VolcanicEruptor verified that he informed the authorities. So Ken could be like.. not lying.

Thanks man. I decided to step outside today. Idk if I'm ready. =/

Seriously though, all these Active Mining threads are getting out of hand lol. It's the same 10 people with 4 Threads. Seems like everyone should just have their own thread at this rate.

I would have to agree 100%. Don't expect shares in February.

I know this might sound completely impossible. But maybe Ken is telling the truth. I know.. sounds a little crazy.

I await the next update on Wednesday.

Just my thoughts:

MSD doesn't sound good.

Prediction about scams & planned failure. Seems to be coming true, hope not.

Not a fan of this new moderated thread, smells of denial and pipe dreams. It's definitely going to get out of hand with pipe dreams passed left in right, only compounding the issues here.

Thanks for the update Ken.

I personally think the quicker you let people who want to pull out of the company the quicker this MSD situation goes away. Basically shares have been paid for, then taken away sort to speak. People don't have access to them, if they could have dumped them in December this situation would not have happened. It was inevitable, hopefully Ken's confidence in the situation (posted in the moderated thread) pays off.

Looking forward to April.

See ya in 7 days.

Thanks, I meant on a regular basis though. But yeah, wait until the announcement. Shit, place a bet, roll some shit, relax.

17K higher than yesterday. Think we'll break 450k Before the announcement tomorrow?

We all know the price will crash, so who is buying these shares?

Man this Wednesday update is gonna be fun.

Who is buying these shares?

@Mainline

He was not around long after he collected Money. Labcoin lied about his identity, had someone reputable ( I think ) on the forum hype him up and disappeared once he was called a scam. Ken collected money way before Labcoin and has been around long after Labcoin and through a bunch of scam accusations.

@KingCrimson I hear you, I was even calling Labcoin a scam. Their lack of communication was not nearly as bad as Ken's at Ken's worst points.

There are a few reasons while I'm still involved in this, some voluntarily and some not. Before I get to those I would like to thank you guys for trying to stop other new people who don't have shares already tied up in this from investing, no matter what your motive is.

I personally saw some other reasons why Labcoin was a scam that I can't really tie to Ken.

He paid Divs from his own miners for months (Or so I've heard, I've only been around since August though I have collected Divs from then).

Ken has been here for months after he collected any money. You can say "Well he just got more money off Ukyo's shares." True, but was it worth it from the amount of money he collected way earlier in 2013.?The amount of money he just collect is negligible compared to back then. Sticking around this long just for that seems rather stupid, and Ken might be lacking in charisma and communicative skills but I wouldn't go and call him stupid. (I mean this is something an elementary school kid could work out, and I know its fun to insult people but we really can't say Ken is that far down the left of the Bell curve.)

I think Ken has just been a little over ambitious, (along with some of the shareholders in here), and unfortunately a new business doesn't always sky rocket to the moon. No matter how much experience Ken could have had, he was going to run into hiccups in the road. I think he might of tried to go a little too far, a little too fast. And I see this again with his mention of (20nm).

As I stated to Mainline last week; for some of these companies you have to look at them as a gamble and not some bond that actually upholds the % it promises. I did that at the beginning and it is why I am not stressed out about this project now. It might or might not pay off, I plan to see which way it goes. I unfortunately feel bad for some of the other people who sunk quite a lot of money into this expenditure (I did not, thankfully).\

Ken is still here. Scammers slowly/quickly/try to distance themselves after they get the money, I haven't seen Ken doing that at all. I can't call him a scammer if I don't see him acting like a scammer. He might not be the best CEO in the world but he's not a scammer, and claiming he is is not only ruining his reputation but it is also ruining others. That's a very serious offense on this forum (IMHO). When Ken comes on here and ask for more money by creating more shares then we will all know he is a scammer. As that is something a scammer does.

My shares are MIA. Until I get these back I can't really sell out even if I wanted to.

I do believe he makes very bad PR and Legal decisions at times, but this is what people asked for when they got into Bitcoin. I still see "No Regulation!!!" everyday on this website. So can we scream for no regulation and then expect the people who don't want regulation to follow the laws that come with regulation? No. That's like having your cake to tomorrow and eating it today.

I still think this company can succeed in reasonable bounds. It's a startup company in a startup industry, it's not going to get all the marks correct on its first go and that is what people don't seem to understand. It's not the easiest thing in the world to run a company, even if it only employes your family. Stop treating this company like it is a "Google" or a "Netflix" or a "Apple" that has completely screwed up, this is a startup still trying to get a handle on things.

One last note. I am not defending Ken, I am only stating my thoughts on the matter and why I am still around. I do think Ken has royally screwed up with everything share related for the last 3 months and he needs to fix that as soon as possible. Again, I am not defending Ken and don't want to get into an argument about how I am defending Ken. I am just as upset as some of you guys, I've agreed with many points Mainline has brought up recently (when he's not trolling), almost all of VE's older post and a lot of Pankkake's opinions on this situation.

@Miner

Lets just see how it goes. Ken said himself that he spends some time checking the forum for FUD. Might as well make some use out of it. I think we would all rather have Ken's opinion and responses on some of the more dire concerns of the shareholders. I think this is one of those more dire concerns. Ken should tell us before he unloads certain shares over others.

Hmm.. Good question. Maybe wait until after Ken's next update. You know, because the Wednesday announcements are supposed to answer shareholder questions and concerns.

How about we stop giving Ken the answers and we wait to see what he comes up with? I think this is a grand idea, and it will allow us to gain more insight on Ken's thought process and help us understand where his head is at.

Ken has no right to trade Ukyo's shares or his private shares before anyone else. He has benefitted from not having anyone else able to sell shares to reap the highest profit possible. This has to be extremely illegal and when or if this company eventually crashes and burns this alone can cause Ken to see jail time.

I am not saying these extra shares are Ken's shares. But if they are it is definitely not a good idea for him to continue selling them without allowing everyone else access to their shares.

Whatever you are possibly doing Ken it does not matter, you should put it on hold for 1-2 Hours a day and manually transfer people's shares everyday.It seems that whatever automated process you planned to introduce is taking up too much time and a manual process is the way tot go now. This is the best course of action right now and is definitely the most important thing you should worry about.

PS: I think we should stick with 28nm as said before unless going for 20nm is a sure as hell, no way to fail process. If whatever engineer says, "Oh there is a 5% chance that this will not work out." or "It will cost $$$ more" or "You will have to wait a little longer for the finished product". That 5% is too high, that price point is too high, and that date is a little to late and we should go with 28nm. 

Don't give him a deadline like December 2014. Shares better be out to us before this month is over. Hell we should have them before Valentine's Day.

Ukyo had 2XX,XXX shares. So where did the extra 100,000 Shares come from is the question. Not the 25,000,000 that are listed.

Lets reach to get out of the hole we find ourselves in before we start reaching for the moon again.