nah I just mocked that up real quick mostly as a joke, didn't actually order any or anything.  Cafepress is just a site where anyone can create a tshirt design. I don't own it, and I'm not selling them.

Lol, you know you're dealing with a serious attorney when he apologizes for his "legal ease"

KSlaughter, you are quickly becoming my favorite poster, and this thread is awesome.  I hope that your posted screenshot is real and that AMC and VMC succeed immensely and that you and your investors make lots and lots of money.  I'll be betting against it, and enjoying the ride either way.

yeah, the asset issuer.

really glad to see the fund taking action to reduce the number of BTC sitting in cold storage, and measuring investor opinions on various options.

Just want to point out that VMC/AMC is almost certainly a scam (ok, its certainly a scam to some degree, I'm just not sure if its 100% scam or only mostly scam) and should not be part of any conversation about this security. 

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.

Hi Kslaughter, can you prove that "Kenneth E. Slaughter" exists?  I am extremely skeptical.

L5T26fxHn6BdqmfBCkWrq2hRCZaJb1L9vQ

Do you think you will be able to offer season win over/unders and/or division/conference/league championship prices before the start of NFL season?

Hi KSlaughter-

Can you provide more info about your development of 45 and 28 nm chips?  I'm not asking for intricate technical details, but as a point of comparison, when Friedcat was posting about development of the Block Eruptor chip, he provided info like an IC layout (https://bitcointalk.org/index.php?topic=91173.msg1092163#msg1092163) and discussion of the software packages his team was using (https://bitcointalk.org/index.php?topic=91173.msg1100925#msg1100925) that allowed observers to have some confidence that his team actually knew what they were talking about and was really producing something.

Also, no offense intended whatsoever, but a lot of your posts read like English is a second language for you, based on sentence structure, conjugations (especially the lack thereof), typos, and lack of clarity.  What's up with that? A "Kenneth Slaughter" of Missouri who's been doing business (presumably in the US) with his nephew Gerald for 30 years shouldn't write supposedly official docs like the ones you've posted, and the best case scenario for you, that you're just rushed/sloppy enough to misspell the name of the state you're registered in in the very first line of your description of "who is VMC" does not exactly inspire confidence- "Herefore" isn't even a word.  I'm not trying to be a grammar nit, just my impression from reading through this whole thread.

Sorry I wasn't trying to argue for or against those as investments, was trying to keep the debate about the economics of current hardware availability out of the discussion by just accepting your opinion that they are not profitable.  Buying or not buying those those aren't the only options, another option is simply to hold less in reserves.  There's basically two components to this fund at this point- one part is the existing batch 2 and batch 3 orders, and one part is the large fund for unknown future purposes.  These two components are very very different in nature...one, the reserve fund, is an option to buy future hardware should there be a profitable opportunity, one is a share of some valuable machinery to be delivered that will decline in value over time.

Look, keeping the avalons separate for a second, if I (or someone known with a reputation on this board) wanted to raise funds for a mining company, and the prospectus said that we had no immediate use for those funds and just wanted to be ready at some unspecified future point if a profitable opportunity arose, nobody would invest, right?  Well, at this point, thats a lot of what this fund is.



lol, I have no interest in these shares for the reasons I stated.  I had some, and was frustrated by the fact that I was invested in cold storage, and couldn't do anything about it, and moved my money elsewhere (to AM) in time to double up.

This isn't a year or even 6 months ago, when you could buy mining equipment and get your money back in a few months.  Tons of people are interested in bitcoin mining and are willing to pay somewhat absurd prices for them.  I happen to believe there isn't going to be some magically obviously profitable hardware available any time soon or even ever again (at least for buyers), and think that this return of capital is eventually going to happen.

Then why are you holding 950 BTC (up recently from 600ish)?  Return some or most of the money to shareholders if you have no idea what to spend it on- you can always do a secondary offering, or resume retaining some portion of divs for reinvestment. 

I hope people who are buying Basic realize that most of what they are buying is just a pile of bitcoins that you aren't doing anything with.  Good for the safety of the investment, but bad for the return.  If you return funds, you let investors decide whether they want to invest in your batch 2 and 3 avalons without having to tie up half the share value in cold storage at no return.

I'm not even arguing that the asicminer blades are a great investment or that the avalon chips are a must buy, just that you're a supposed mining company that has raised a ton of money and (according to you) has no use for it.

heres a quote from March 25-


but that is EXACTLY what you've done since then.  You've deployed 0 new hashing power while the projected value of the incoming hashing power has declined precipitously.  Going forward your share of hashing power will only decline unless and until some ASIC manufacturer puts some hardware up for sale at a price thats obviously profitable, but why should we expect that to happen when demand is so high at asicminers prices?

Honestly, comparing this company to asicminer based on the expected dividends at the moment you get batch 2 is a joke- here you are buying a continuously decreasing (due to dilution) share of an avalon or two with continuously decreasing profitability (due to difficulty as asic hardware saturates the market) and a pile of BTC in cold storage.  With Asicminer you're buying continuously INCREASING hashing power (due to continuing rollout), a share of hardware sales (at a price CreativeX thinks is unprofitable for buyers, or in other words, profitable for the seller) and importantly, a piece of future hardware development- gen 2 sales and hashing and etc.

Anyway, good luck to creative and to shareholders, just my .02.

can you actually make trades, or just log in?

too laggy for it to work with 2FA, apparently...authorization seems to be expired once the request finally gets through

Even if I can log in successfully, once I get to trying to make a trade it hangs and then eventually comes back with an invalid gauth message.  pretty frustrating, been trying to swap some of my 1/100 for 1/1 all morning

I'll throw in for 32 chips as well.  At work for another 4-5 hours, will send coins and email details when I get home

Any new thoughts on putting the btc reserves to work?

+1

bid .75 for the 12.82

thanks for doing this!

I'd like 50 chips on Orb 4-1, 25 chips on itsmyluckyday 8-1, 10 chips Vyjack 33-1 10 chips lines of battle 35-1

total 95 chips, sending from x888x on SwC