Ken,
I want to say first, thank you for the work you are doing for the company and your resolve in operating in such a competitive environment and with so much at stake.
For the past several hours, many of the top shareholders have met in IRC and discussed the "communication issue" as we see it. We have received sporadic communication from you for various reasons having to do with operating under an NDA as well as SEC guidelines. We also understand the desire to keep certain proprietary information hidden from competitors.
Due to communication being so tight, we are in a position where we do not currently KNOW why chips are delayed. It was implied that this was a choice made by you so that Intellihash could be implemented. We believe that competing effectively is necessary for AMC's success, however we have no information as to how Intellihash affects our timeline.
While we are not yet listed on an exchange, we are making a public request that you assent to not sell any of your personal ACTM shares until it can be verified that customers have received their shipped orders and until shareholders have a more clear understanding of the timeline moving forward.
This is simply a request to demonstrate good-faith and help re-establish trust among shareholders.
Please respond to this before we go live on Crypto-Trade.
Thank you for everything and keep up the great work!
-- ActiveMining shareholders
+1 Things of this importance is worth spamming a bit. Is this in reference to the 15Million shares of his or his own smaller personal amount (I'm pretty sure someone said he had a smaller personal amount of shares.) DAE see that price dip? Crazy man. =) (I jest). |
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Good grief, this thread (and tbh, this entire forum) makes it impossible to find actual updates. Maybe someone should start a self moderated thread? Oh wait.
Seriously though. It's getting outrageous having to wade through the 60,000 posts of irrelevant bullshit to get to any sort of substantial posts. There just really isn't any meaningful discussion today it seems. I keep checking for concrete evidence. A picture of a QFN reflow/soldering station, something, anything.. Yes but Ken will be the person to posts any of this. So just check his most recent posts. No reason to even step foot on the forum if you don't want to. |
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Good grief, this thread (and tbh, this entire forum) makes it impossible to find actual updates. Maybe someone should start a self moderated thread? Oh wait.
Seriously though. It's getting outrageous having to wade through the 60,000 posts of irrelevant bullshit to get to any sort of substantial posts. There just really isn't any meaningful discussion today it seems. |
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Guys, come on now. Settle down. So it seems we have a strong strong wall up at .006, with 47 shares. Good lord I thought we were going to the bottom. Looks like nothing but up to me! Haha, I jest.
Anyways. Has Ken given any word to when the next announcement is? Are they every 2 weeks? On the 15th and 30th of every month?
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Lorenzo why does it matter to you what he believes? Please just stop.
Did Ken give out an ETA on shares hitting people's accounts/emails going out?
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Just ignore Lorenzo, he is doing the opposite of what he has implied earlier. He wants to sell shares, but he is making the company look bad. That doesn't add up. The only logical conclusion is he wants the shares to be as cheap as possible. Why did he start so recently with the depression? (He will say because the announcement was so vague. The answer is because the announcement contained information that we will soon be on an exchange. He read the announcement, noticed we have sample chips, noticed Ken is optimistic about our future and noticed that shares will probably go up sooner or later. Might as well get them now.)
This is not a charity, you guys don't have to look out for other investors when it comes to price manipulation. If you see it, just take advantage of it. As long as someone isn't scamming other investors openly then I don't think we should worry about people trying to spread FUD to manipulate price. Just sit back and take advantage of it, there's more to gain in it and most of you guys rub me as being the greedy type.
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I can argue for hours on why it's crazy to sell below .001. I can argue this until I'm blue in the face. And I believe most of us will be holding tight, however the problem is there are no buyers. This isn't the BTCT days any longer. Bitfunder has lost everyones trust. The only reason why we had such good share prices on BTCT was because everyone was piggy backing off the popularity of ASICMINER. That was 99% of BTCT and BF volume and a lot of the cash poured out onto us.
As you can see from the 1BTC worth of bids lined up, there are no buyers.
The only thing that makes sense from this point is to just hold on and hope for some dividends.. cause no one is gonna buy into a company that doesn't have a product yet.
Fortunately Crypto-Trade is also an exchange so people will have BTC on their already, might see some new faces get involved. Yes but do we expect people to go out of their way to put trust into Cryptotrade (Which they don't have to unless they already have AcTm shares) and buy shares in a company that is so tight lipped? I have to agree with VE on this one. It's also why I thought it was so pointless Ken kept updating us on our exchange situation but never on our mining situation for the last month. There is a chance shares will drop to Below .001 (If they do I can let you guys know I will be buying some) and there is a chance albeit a slimmer one that prices will rise to above .005 which if they do I will be holding until a price drop to buy more or for the price to hit .01 so I can pull out my initial investment. |
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i have creat an account with the same name and email at the CT, but i did not find my actm shares?? when we can get the shares??
They were going to make an account for you. If you check the order book on CT you will notice, no one has shares. We don't have an answer for you yet. I'm sorry. |
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No one has the right to complain about not seen information not reaching them. All you have to do is check Ken's lasts post once a week. He does like 5 Posts a week tops, you don't even have to visit this forum. This is purely for Discussion with Ken and other Investors.
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So Ken. When should we expect shares to be sent out?
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What makes you think they still exit?
I thought the idea was to destroy the same number of shares on BF thus keeping public offering at 10mill.
Yes, so he created 600k on one website, then destoryed 600k on another website. Where are the 600k that he created? No one bought these shares, so where are they at? Are they Ken's personal shares? Will they be listed on CryptoTrade? |
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Some of you guys need to get off your soap box.
Ken can you give us an update of when we will be on CryptoTrade and all accounts/shares will be set up? Are you going to be putting up any of the shares left over from CryptoStocks?
there are like 8,000 shares left on cryptostocks man.. What about the initial 600k? Ken pulled them Yeah I know he pulled them, but they still exist. So wouldn't they be listed on CryptoTrade? Do we know whose shares they are? A part of his 15Million? His personal shares? |
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Some of you guys need to get off your soap box.
Ken can you give us an update of when we will be on CryptoTrade and all accounts/shares will be set up? Are you going to be putting up any of the shares left over from CryptoStocks?
there are like 8,000 shares left on cryptostocks man.. What about the initial 600k? |
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Some of you guys need to get off your soap box.
Ken can you give us an update of when we will be on CryptoTrade and all accounts/shares will be set up? Are you going to be putting up any of the shares left over from CryptoStocks?
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From the "details" page of ActM on Crypto-trade: "Total Hashing Power Hashing ~700 GH/s"
Is that what we are currently mining with (implying that the increase in hashrate over the last couple of weeks was a result of the sample/low volume chips) or is it simply outdated information?
Maybe that is what he shipped to first customers? So now we has nothing  That was my assumption but with the non-negligible amount of errors in the detail page (250,000gh/s from the klondikes? dedits?) I wanted to ask for others' thoughts. Definitely think any increase in hashrate is from sample/low volume. I base this off of Intelihash, he stated software used for our chips had to be modified meaning that these chips are probably on hand at the AMC/VMC office. |
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The loyalty here is both insane and totally unjustified.
Explain or no it isn't. Ken makes Labcoin and Butterfly Labs PR look pristine. I've written off this investment as a loss. If Ken proves otherwise great, but I'm not going to blindly cheer when all we have seen is promises, vague timelines, and no proof whatsoever of claims. No different than Labcoin in my opinion and could possibly turn out bad legally for Ken. Silence to shareholders is not very smart. Putting out fluff press releases with no real substance or proof is still silence in my opinion. Ok Rawted or redbeans2012, lets say all the share holders were to follow your move for the next week. What should we do to remedy the situation to your satisfaction? PM or Call Ken, he has stated that he can't give out anymore information when I PM him. Go march down to his office? I personally have finals but if anyone wants to go visit him I am all for it, what information you get from him I am not sure. Do you wish us to higher lawyers and call the cops now? Is that what you want us all to do? Do you think we should sell our shares? Well it seems people are trying to get on an exchange pronto to do that? Should we come on this forum everyday and just badmouth Ken, scream scam and act mean? That didn't remedy the situation for Labcoin so why should we do it now? Right now we are asking Ken dozens of question each day, whether through the forum or through PMs. If you think we are all sitting here living in some fantasy land you are very wrong. I want Ken to answer some questions as soon as possible, but I did not invest enough into this company to lost sleep over his silence. That's why my loyalty is justified, if he can pull it off I will get a very very very nice payday. If not I understood the risks at the beginning and have been trying my hardest with what I was given to protect myself and my investment. We do not need to tell Ken what will happen if he scams us. Everyday you hear a story about these scammers being caught, and Ken has given out more than enough information for anyone to track him down if he tries to pull a fast one. |
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Let the market decide. Theres a growing pool of investors growing everyday finding out that there are stocks to be had in the BTC world. Who really knows. the best measuring stick we have is whats on crypto stocks and you guys are throwing aimless numbers that arn't even clost to that. Its really funny to watch. I would love some cheap shares, so dump away, because we all know what will happen when cooler heads prevail.
If you were around in Sept/Oct. Price got up to .008-.009 for a minute there. This was with less news and less hope than we have today. The price can easily break .01 imho. But if people want to keep it below .002 for a while that works for me while I re-up on more BTC. I personally will not be selling for less than .01, I'd rather just collect divs at that point. Sorry, but I don't think that is realistic at all. Too many have been in this boat for too long. And they want back to dry land... I think the selling pressure will be big once we get somewhere to trade. No need to apologize, "But if people want to keep it below .002 for awhile that works for me." I know very well we will not see .01 anytime soon, you will also see me not sell any shares until that point. I stated that I will be going down with the ship if it happens to sink. I have faith in Ken even if I think he is being too silent and the silence is unbearable. I took a gut chance with BTC, might as well ride that same gut feeling with AcTm. I have invested less than what I can afford to lose. I am all too happy with the price above .004 or below .001, I really don't like between .002-.004. |
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Let the market decide. Theres a growing pool of investors growing everyday finding out that there are stocks to be had in the BTC world. Who really knows. the best measuring stick we have is whats on crypto stocks and you guys are throwing aimless numbers that arn't even clost to that. Its really funny to watch. I would love some cheap shares, so dump away, because we all know what will happen when cooler heads prevail.
If you were around in Sept/Oct. Price got up to .008-.009 for a minute there. This was with less news and less hope than we have today. The price can easily break .01 imho. But if people want to keep it below .002 for a while that works for me while I re-up on more BTC. I personally will not be selling for less than .01, I'd rather just collect divs at that point. |
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Is anyone going to sell for less than 0.0025 when crypto trade is up?
0.002 * 114,425 = 228.85 = $273,600 aud = 10 times my income. Yes, I doubt I will be able to hold if the price gets anywhere near 0.002, even though I once hoped for 0.02. Anything less than .002 and I think I'm buying more. Hoping for below .001 or above .004 |
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When do you guys think is the next time we will hear from Ken containing substantial news, are these announcements on every 15th & 30th?
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