Of the 100% of shares.

20% are held by AMC for growth/reinvestment (a horrible way to do things but sadly common - shares should represent ownership not be a crude way to determine the percentage of profits dividended),
40% are potentially for sale to the public - with unsold ones the same as the first 20%
The other 40% would be the founder's own shares.

There's thus three ways to look at it:

If you look at divdends then the founder receives 40% of all dividends regardless of how many shares are sold.
If you look at distributed profits (i.e. the dividends that end up NOT going back to AMC) then before any shares were sold he received 100% (obviously) and when all 40% public ones are sold he receives 50%.
If you look at actual ownership then he owns 100% initially falling to 60% if all public shares are sold.

Right now if any profits were made he'd be entitled to the vast majority of that portion of them that was destined to end anywhere other than in AMC itself - as his personal 40% outweigh the portion actually sold.

How well the shares do depend mainly on how profits are calculated - which is where you have to hope he's generous as that largely depends on how VMC decides to define its cost price that it charges to AMC.  And of course VMC isn't responsible to investors so doesn't have to make any disclosure in respect of that.

Bottomline is that he DOES own more than 60% - dropping to exactly 60% if/when all 40% of public shares are sold.  Reason for that is the ownership the shares owned by AMC.  Those are owned by whoever owns AMC.  Shareholders do NOT own AMC (that's explicit in the contract) so do not any part of those shares.  In practical terms, assuming good faith, the actual effective owned percentage of profits is 50% if all public shares are sold.

Only the first 40,000,000 issued shares will receive 100% of the monthly profits after all expenses until the total dividends paid is equal to .0005 BTC per share.

  Also, I noticed dividends have been going down.. do you expect dividends to keep going down?

New image of Avalon's shopping cart with the 6 Avalon's and the chip order.

Also, image of the 10,000 chip order.

https://bitfunder.com/asset/AMC profile->images

If hes a real person living in the US, there should be quite a few ways to verify his existence without sharing so much personal information that he puts himself at risk.  I specifically didn't ask for a particular method of proof because I thought his choice of how to "prove" his existence might actually be as revealing as whatever he posted...and indeed it was...good old Gerald! (you know, the nephew with 13 posts that Kslaughter's done business with for 30 years....)

Anyone still invested in this should be demanding proof that 6 avalons are really on the way...either by confirmation from bitsyncom or something like a blockchain transaction to a known avalon address from an address that kslaughter can sign from.

All the discussion about the IPO shadyness really missed the forest for the trees.

  I will verify his existence. He is my Uncle and my employer.

Gerald Slaughter

20 Million are for the growth and expansion fund and will collect dividends to buy more mining equipment from VMC or others.  This shares most likely will not be sold, check our description on bitfunder.com for details.

20 Million are "Early Adopter Shares" and the first 5 Million of those shares are being sold now.

3,036,23 remaining of the 5 Million shares of the first batch as of the writing.

Hi everyone! Can abybody tell me how to see the current difficulty of alt-coin through the client or any other way?