Was that so hard to post? I don't think so. This should be in the VMC thread instead of deleted posts to inquiries.

There's no reason you should not get dividends, even if they need to be manually handled after the transfer is complete. Ken, I presume that this will be taken care of for anyone waiting for a transfer to be processed, right?

Yes, I am working on that.  Cutoff for tendering the shares and getting dividends on the new AM shares is 1:00 PM CDT today.

I feel the need to chime in a moment here. I have been to VMC's offices and they are for
real. They have some some cases and power supplies received (ironically exactly the case
shown on their website which others were giving them grief about using "stock" photos).
They have a product flow layout plan which they shared and they were more than happy
to give us a tour.

I am a totally uninvolved third party (though we may offer some assistance in product flow
through their assembly plant if further requested).

Anyway, whether they can or cannot delivery ASIC chips of their own design is not for me
to say. I do, however, fully believe they intend to deliver and are not running a scam.

I agree with you Technologov, but ASICMINER shares may be about to jump up above 5.0 again with news trickling out of their 5GHash/s and 10GHash/s miners up for sale in China. (link: https://bitcointalk.org/index.php?topic=99497.msg2696280#msg2696280). This kind of news generally gets ASICMINER prices rising. So, in the short-term, we are likely to gain from the strategy (albeit risky). It might be a good idea to liquidate those positions at 5.0—5.25, and channel those funds to the NRE or assembly costs of the Avalon clones. It would undercut dividends in the short term, though.

Cool, so this potentially following in the footsteps of ASICminer, by building and hosting shared hashrate, with sales on the side of new, and old stock as, and when it becomes redundant or available?

Sorry total disagreement here. I'm on the receiving end of a fair bit of negativity as I flew to Sweden to check out KnC.

That doesn't make me hardcore anything, just diligent. I've been fair to every company, including Terrahash as you well know, but I will call a spade a spade.

Admittedly I wasn't fully aware of AMC's role in bulk Avalon chip orders as they choose to post outside of the custom hardware section, so then there is some sense in VMC suddenly change in product offering, but not post deletion. That is a PR clusterfuck now that is biting KSlaughter, and will continue to until he has something Tangible. KnC have never done that.

Also KnC have a shit-hot design team with multiple NDAs signed over the years with multiple foundries. Not that an NDA means shit these days anyway, and before someone tries to claim the opposite, it really doesn't, not to any decent legal team.

VMC now have a new product offering, but we have yet to see any evidence of talent aside web design, that's a huuuuge difference.

In any case I'm bullish on KnC as they are a cracking bunch of quality engineers who appear to have integrity and the competitive mindset required to succeed, but I'm longing to see some other competition that doesn't contain a bunch of amateurs (this last sentence is in not way directed at KSlaughter, it's a generalised statement of the current companies and how they publicly choose to behave through their own free choice).

Yes, but weren't VMC already accepting pre-order cash for vapourware they now have no intention of delivering, now they've scrapped all original devices and are claiming a total turn on the spot?

Again a company that spends more time on creating a website than producing goods. What are the chances they will change products a third time? Why bother to update the site until you have something solid and at least in production?!

AMC/VMC would have less of a mountain to climb if they just ditched AMC/VMC and started afresh when they had something tangible and concrete instead of hot air and false promises. Instead they now have created distrust, and have pretty sites with products that don't exist replacing products that were promised and will never exist. Why believe these new future products are anything other than speculative concepts? If anything this is the most dire PR of any Bitcoin ASIC company yet, including Butterfly Labs.

Don't promise what you have no intention of delivering...instead under promise and over deliver!

But at least users are allowed to talk on the threads instead of being deleted like in VMC thread...

I mean this lower than retard Inaba's practices. I don't even care if he has or not a product, but this practice makes me puke.

I don't know about others, but it annoys me that AMC/VMC has created so many threads. It's totally unnecessary for a business which to date has exactly zero products.  If he stuck to his own little corner then he would be left alone a lot more, but when he creates new threads every week he kind of gets in peoples faces a bit too much...

is it in the contract with eAsic that they can't sell their chips to anyone else? NDA's don't mean anything regarding exclusivity. if not than many people can just put in orders with eAsic directly.

Odd how there has been a few recent posts in the KnC thread this week suggesting they are taking the easic route, with it then explained once a few members wants clarification, now all of a sudden VMC is spontaneously embarrassing this method of manufacture which hadn't previously been mentioned in this forum...

I am still planning to visit Springfield this Saturday.  I am awaiting a response from SoylentCreek. 

We should build a list of important points to address at the meeting.

What information do you guys want to see?  Questions, pictures, etc...

Posted in AMC thread as well, not sure which thread is appropriate.

-babefoot

So what will be the new total amount of shares; On the market (including sale post @ 0.0025) and; Total once ALL shares have been distributed (including the 15 million that are to be emitted at a later time)?

Also: What ownership share of the new AMC do the total amount of shares make up? (%)

Currently, it is expected for interested ActiveMining's public investors to hold 10,000,000 ActiveMining shares (40% of the profits), while Active Mining Corporation owner(s) shall hold 15,000,000 ActiveMining shares (60% of the profits), for a total of 25,000,000 ActiveMining virtual shares that represent 100% of the global profits of ActiveMining.

This is probably a stupid question, but this means that the first 10 million shares will get all profits until BTC0.0025/share is paid in total?

As we have now received a total of BTC0.00000397/share, this leaves 0.00250000 - 0.00000397 = 0.00249603 BTC to be paid per share, right..?

You're right, ASICMINER doesn't have a picture of a Chenbro 4U Open-bay Compact Rackmount Chassis on a website. Primarily because:

1. ASICMINER doesn't have a website
2. ASICMINER doesn't sell Chenbro 4U Open-bay Compact Rackmount Chassis

I mean, let's be honest here. ASICMINER doesn't have a 24.576 TH miner, and neither do you. ASICMINER does, however, have a lot of 10 GH miners, which you don't.