... "Grab the money & run" is a dumb, short scam. This scam is more involved and more time consuming, but when it's done, *it will look no different than a failed business*. The lack of potential legal consequences this type of scam assures makes the time investment worth it. It allows the scammer to rinse and repeat, instead of being on the run. ... Labcoin was around long after it collected the IPO coin. It actually moved its shareholders to a new exchange - a point not lost on the true believers. Another point bandied about was Labcoin not dumping its shares on the market ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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^I see the juvenile ape community supports NeoBee. Must be the banana-yellow logo.
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You seem to know a lot about scamming, mainline. Do any yourself? Sure sounds like it. PS you are wrong that shares are selling for less than IPO. That statement is totally incorrect, but I'll let you do your own research you poor sample of a soul.
The "second IPO" (lol, ikno, right?) was .0025. If you don't know that, you're beyond help. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) *But don't stop typing. A monkey doesn't need to type coherently - just the fact that it types is what's impressive!
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@KingCrimson I hear you, I was even calling Labcoin a scam. Their lack of communication was not nearly as bad as Ken's at Ken's worst points. ... He paid Divs from his own miners for months (Or so I've heard, I've only been around since August though I have collected Divs from then).
Sure. So was Labcoin. Ken has been here for months after he collected any money.
...and so has Labcoin. ...And I see this again with his mention of (20nm).
That's called "testing the water." If people didn't jump down his throat, he would gladly promise 20nm tomorrow instead of 28nm today. Buys him more time without any effort. ...Ken is still here. Scammers slowly/quickly/try to distance themselves after they get the money, I haven't seen Ken doing that at all. I can't call him a scammer if I don't see him acting like a scammer. ...As that is something a scammer does.
Labcoin was around long after its IPO. The scammers who do what you expect them to do are called "failures." Successful scammers don't - that's what makes the scam a success. "Grab the money & run" is a dumb, short scam. This scam is more involved and more time consuming, but when it's done, *it will look no different than a failed business*. The lack of potential legal consequences this type of scam assures makes the time investment worth it. It allows the scammer to rinse and repeat, instead of being on the run. ...I still think this company can succeed in reasonable bounds...
Leaving a glimmer of hope - that what looks, quacks and walks like a duck is actually a real business - is what affords scammers the time they need to gracefully distance themselves from the scam.
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But there is one guy with a 100% haircut so far, no mention of him? Didn't think so...
Huh? Oh you didn't know I am PERSONALLY a creditor and not taking a single satoshi from Ukyo until I have helped him pay everyone back? Like I have said before when I have more personal time I will be helping him more, but right now I am concentrating every waking hour to the launch of Neo and our other subsidiaries. Unlike the people who got 6 cents on the dollar, it was your personal choice to take 100% loss. Are you seriously asking for compassion here? I have no idea how much money you had deposited with your friend, so it's hard for me to gauge how significant a sacrifice 6% of that money is. Regardless, 94% across-the-board haircut is fact. That kind of a haircut puts the worst fiat banks to shame. Spin harder.
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But there is one guy with a 100% haircut so far, no mention of him? Didn't think so...
Huh?
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... - Hair cut if deposit is greater than 100,000 EUR
I hope your customer can adapt to live without those advantages. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Right. Reminds me of a haircut Ukyo's depositors got -- 94%. On all accounts, not just those over 100,000EUR. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Bitcoin needs banks like subs need screen doors.
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... Basically, if this were a scam, Ken would literally be the stupidest scam artist of all time. ...
What's your point? The guy writes at preschool level, knows nothing about electronics and can't keep his eyes open for PR pics. Scamming here requires little effort and even less intelligence. He got your coin - that's a win, no? *P.S: Another thing that Labcoin didn't do is keep its shareholders from trading. Ken, OTOH, is not only keeping you from trading, but is dumping stock at 80% below IPO price while he's doing it. AFA "known identity"? The guys who "visited" Ken are Babefoot, who mysteriously appeared and dissipated right after vouching for Ken, and Bargraphics, the guy who also visited Terrahash and raged at everyone suggesting that Terrahash ain't 100% legit. Pirateat40's identity was also always well known. He now has some civil case against him, but the extent of the pwnage still has to be seen. The worst likely fallout Ken will see from this is a few tort cases by large "shareholders," which will be settled for a tiny fraction of the coin raised. ^PROFIT.
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i have the AMC shares on bitfunder before, now it transfers to CRYPTO-TRADE. is there any things that the shareholders have to do to ?
Crying and learning from your mistakes have both been suggested, but aren't strictly necessary.
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Also Ken, can you give me access and moderator privileges to this thread please? I would be happy to quit my day job and spend 24 hours a day deleting the trolls in here. I would be totally biased and delete anyone who spoke out of turn and would find it very therapeutic indeed. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Yes, and you may wear the hall monitor sash ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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Sure, we are just looking into it. We would only go to that if it makes since, which means GH/s, Power, and time to market. With time to market being the most important. Yes, I try to do that, but sometime when we are working on deals I forget. I been thinking about a professional PR person; however, it is not on the top of my list of things to do. As far as eASIC, they are working with us to get the most out of our 28nm custom chip.
Ken, will your engineering team be making the final decision on whether we go with a 28nm or a 20nm? I see this as an engineering issue first and foremost. We need to be sure that a 20nm chip is capable of being designed and manufactured in good time and that it will show definite benefits over a 28nm chip. The problem is 20nm tech is an incredibly complex undertaking and is still an unproven technology from what I've read. You need to make sure we are following not just say TSMC's predictions about chip timelines and specs, but also independent expert advice too (some of which questions the benifits of 20nm over 28nm). Thanks. Ask the engineers, huh? Good thing you chimed in there, Tiger, 'coz Ken was thinking of consulting his charwoman. You saved the day. Your idea about considering time to market is a real eye-opener, and reading about your readings was pure joy! That's what makes you so special. You may now swallow.
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... The shareholder reaction to your latest update surely demonstrates to you that having a professional PR advisor would be a great asset. I'd go as far as to say that you might have been surprised that people didn't embrace the idea of moving to 20nm. I do think you should give some thought to employing a professional.
Ignore the haters, Ken! You're doing a bang-up job, I'm enjoying this immensely. I still feel this venture could be better monetized with a concession stand and a modest door charge, but i'm sure you're already on top of that. ~Your humble fan
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... If Ken really does still believe in his company, it is in his benefit to allow the share price to fall as low as possible and then buy up those depressed shares.
... If Ken had any wits about him, he would buy up the shares @.0005, instead of selling them. Regardless of his belief in the company. If the company makes a profit (I know, i know... just humor me for a sec), it's a wise investment. When it becomes obvious to everyone that it's a scam, there would be no shareholders to complain. Nothing wrong with buying your own stock @80% discount. 80% of a few mil with 0 risk is decent cheddar. Dumping is stupid regardless of whether he's scamming or honest. My guess is "unforeseen circumstances or acts of god." Something went seriously wrong.
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... Fact - if he was a scammer eASIC, who have a serious reputation to maintain, would have exposed him months ago. ...
They couldn't. Because NDA ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) Otherwise, Reuters News: AMC, a virtual identity totally owned by Active Mining Corporation (Belize), turns out to be a scam. In an impromptu press conference, President Obama expressed shock and disbelief, stating: "A virtual identity wholly owned by Active Mining Corporation (Belize) a scam? In MY America? Say it ain't so! How could this happen?!"Derp.
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A challenger appears... ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fs28.postimg.org%2Fed2ct03v1%2FCapture.jpg&t=663&c=mRGUaWAHi6YJ6w) The cutthroat world of high finance ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif)
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There's only one thing you must beware more than reminding Ken that he's a drunk - don't question the wisdom of the Belize Virtual Identity!* Ken feels his Belize registration is the ne plus ultra of business acumen - the masterstroke of high finance wit. It makes him invincible to Da Man and irresistible to the womenz. ... I'm a bit uncertain on how a virtual entity representing both itself and its profits works when the company owning the virtual entity is based in Belize and the virtual entity is doing business in the United States of America. Would the virtual entity preorder miners from its and its profits' owner? *You accidentally misquoted Ken in the the emboldened text. The term Ken favors is "Virtual Identity." I know, i know - but that's Ken. Gotta keep it authentic for the tourists...
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... 6. your projection shows essentially 1.7MW of power usage for those chips. that takes into account the chip power usage only. what are the additional projected power needs for all the other equipment?
At this time, we don't have a projection on the boards power; however, the chips consume >98% of the power.... ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) No doubt thanks to Intellihash(tm) ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) And this, folks, is your EE ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) IntelliVRM(tm) efficiency >98% !1!!!1!
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... Ken, why not do the honorable thing and let us trade?
Because there are still a few stray bids coming in?
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Frankly, it's nothing short of amazing how much free time crumbs et al. have to post on this thread, ...
Prosperity and leisure are not as extraordinary as you seem to think -- both are within your grasp. Begin by not throwing your coin at scams, and you're halfway there. I'm writing this because I want you to succeed. This is a selfish wish. I do not wish you to drain our economy by going bankrupt/collecting welfare. ...and on the off-chance you actually bother to read this.
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[15:05] <xxx> So ken seems to be logging in every so often and selling down to .0005 ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FzmDRe9V.jpg&t=663&c=5pCi9OjqFoo19A) Let's see if financial wizards will keep buying > .0005 ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Lol, it gets better... ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fs9.postimg.org%2Fjeiminsjj%2FCapture.jpg&t=663&c=jmbX_BuOBRIgWw) Of course, there's some muppet raging "it ain't so," but who would buy high *specifically* to sell low??? IT *IS* Ken.
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