I don't know how often dividends will be, but if it is weekly then this is better than AsicMiner which was .5% while AMC was .7%
Is it true anyone can buy AMC at .0025 until the end of July and transfer to ActM for free?
You can ( as of this minute) buy Active Mining shares on Bitfunder at .00249 and then no need to transfer. ACTIVEMINING created on BTC-TC waiting for admin approval.
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Can't wait to read his writeup. So the strategy with the marketing campaign is to raise NRE funds through preorders?
It is only one strategy out of four, of which any one could fund the NRE, or part of each could fund the NRE.
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Met with babefoot for about 3 1/2 hours today. Meeting was very good as he ask a lot of questions which he will report on.
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Ken has a tendency to not explain his actions. Why did he do it? We may never know!
The wall was not working to get the NRE for us. Getting ready to launch a big advertising campaign which I feel will get the NRE.
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Off to the meeting with babefoot.
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Hi guys I got a question. Public investor's protection plan The first 10,000,000 ActiveMining shares have the privilege of getting all profits until BTC0.0025/share is paid, starting from the day when dividends begin to be paid.
How to buy shares ActiveMining shares will be sold on BitFunder and BTCT.CO and any other exchange, following asset approval or tendered by AMC shares. Existing Active Mining Cooperative (AMC) shareholders will be entitled to tender their shares for ActiveMining shares, on a 1:1 basis and are also covered in the public investor's protection plan. I am an existing AMC shareholder on BTCT.CO, if I choose not to tender to bitfunder thus could not own the first 10M AM shares due to the delay of asset approval on BTCT.CO. Will I still be eligible to be covered in public investor's protection plan to get all profit until 0.0025/share is paid? Thanks! BTC-TC trading will be coming soon, if approved.
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I will be changing the wall in ActiveMining to ~100,000 shares.
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I will be changing the wall in ActiveMining to around ~100,000 shares.
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I want to link my Bitcointalk name with BTCJam's. Verification code: 0c648015-ff62-4254-829d-0828f1662bfa
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@theymos: How about 2 @ 6.75
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Here are the detail of the dividend payment made yesterday:
Mining Revenue for the week: 80.00 BTC. Growth And Expansion Fund Payment: 61.13 BTC =======
Total 141.13 BTC
The Growth And Expansion Fund is not need now as we are unwinding AMC and preparing for it to be merged into Active Mining which does not have a Growth And Expansion Fund defined. Growth And Expansion will come from the general revenue of the company, which can include income from mining, sales, and services. Also, the shares which AMC owned and where receiving dividends were de-issued as it did not serve any purpose due to the merger for AMC to continue receiving dividends.
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you have a decent amount of capital right now, how about you use that as collateral for a loan with no payments for a year, remove the bid wall, and let the market do its thang
leverage baby
interesting idea. Where can I get such a loan?
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He has been asked directly on IRC by many people and wont respond, but is responding to other questions :S
In what world in which people need to work to live, does it say that someone has to be glued to an IRC channel 24/7? It's been 10 minutes since someone started asking a question on IRC. Will you please cool it already? This is all part of the merger process.
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Also, 2 million shares I think is fairly insurmountable, and might be driving many potential investors away from AMC because they don't see the wall ever coming down and thus no potential for profit. Have you considered lowering the amount of shares in the wall and then selling in increments once the price shoots up? Surely you stand to make more profit this way.
That might work, lot of things going on in the background that could knock this wall down quick.
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Wow this has certainly been an excellent newsday for AMC.
Any progress on the BTCT situation? I want to start buying again but I don't want to be in some unknown limbo state with the transfering of shares and so forth, and I don't want to use Bitfunder due to their recent security issues.
Going to try and get that done this weekend, lot of other things to do to.
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AMC Dividends Paid 0.00001830/share
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ActiveMining Dividends Paid: 0.00001830/Share
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