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801  Economy / Securities / Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] on: January 21, 2014, 02:24:03 AM


Selectively disclosing material non-public information is, in fact, a violation of SEC reg.

So is you buying your shares on BitFunder. Are you ready to go to jail punk?
802  Economy / Securities / Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] on: January 21, 2014, 01:57:44 AM
No No... Giving insider info is not against the law. Trading on that info is.

snap
803  Economy / Securities / Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] on: January 21, 2014, 01:53:50 AM
It happens even bigger time on Wall Street every day of the week. What's the point? Are NeoBee clean? I doubt that. Do you want the SEC investigating NeoBee because some freaky Muppet on a forum claimed the CEO is misleading shareholders? I bet I could find numerous exaggerations or misleading statements from the NB CEO. I really can't be bothered though.

BTW you are suggesting it's inappropriate for family members to buy shares? It's not. Gerald works at the company so he needs to know operational details. That doesn't mean he can not legally hold shares. But obviously he must not trade them based on insider info. Good luck proving he's ever done that. Without a scanner in his mind you can't.
804  Economy / Securities / Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] on: January 21, 2014, 01:50:09 AM
To be fair there was a very slow decline after the board left, but yes no matter how you put it they got inside ACtM then decided to sell at a certain point when they had seen enough. It's suspicious that they all exited at the same time. Conspiratorial. Now they are all in NeoBee? Well I hope NeoBee haven't made any misleading statements.
805  Economy / Securities / Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] on: January 21, 2014, 01:44:23 AM
I will get my lawyers onto you FF69. How do you like the sound of that? Bloody muppet.
806  Economy / Securities / Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] on: January 21, 2014, 01:37:04 AM
Loaded statement.

I don't think it was a mistake. I think it is smart business to exaggerate your successes and keep quiet about your set-backs.

Actually every successful company does exactly that.
807  Economy / Securities / Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] on: January 21, 2014, 01:33:21 AM
I think it was a joke dude. You are just too slow to get it. FF69 said last week in a large post on here he had no more info that the rest of us. All the ex-Board members have said the same. They advised about strategic decisions. The only stuff they knew about was potential product line choices and that was to advise on it.
808  Economy / Securities / Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] on: January 21, 2014, 01:28:05 AM
Fine, so why you here?

Please don't answer that - just F-Off.
809  Economy / Securities / Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] on: January 21, 2014, 01:20:14 AM
lol good one Ken. He is the Pot calling the Kettle black.



F-Off Bitdust, you are not even a shareholder.
810  Economy / Securities / Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] on: January 21, 2014, 01:08:04 AM
What he did here was a serious error of judgement IMHO

Fixed that for you.
811  Economy / Securities / Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] on: January 21, 2014, 12:58:59 AM
I lose all hope sometimes in this thread.

You could attack any company on Wall Street by finding 'exaggerations' in their news releases. Business is very often all about talking up your own company's product or sales or forecasts. Do you all live in a cave? Do any of you know how real business operates in the real world?

When a business releases a vague or exaggerated statement they do so to create good PR. Look at the statement from Overstock CEO Patrick Byrne today:

"I've been hearing from people all over the world — cult followers of Bitcoin — who say they are going to shift all of their shopping to Overstock.com,"

Do any of you actually believe that is true? Do you even think it has to be true to prevent him ending up in court? It's PR - something that makes the company look good.

Now please continue to talk down the company you hold shares in. Who needs Trolls when we have you lot.



812  Economy / Securities / Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] on: January 21, 2014, 12:43:24 AM
He shipped product. Deal with it man.

Did he say he shipped miners? No.

Does he have to correct speculation on this thread? No.

'Case closed.'
813  Economy / Securities / Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] on: January 21, 2014, 12:36:52 AM
See my post above Seb.

My personal view - it was chips from a first batch that were shipped. They would have some value and we clearly don't seem to be hashing with them so Ken filled an early order. If they met the advertised spec the customer will be happy - if not they would have got them at a discount I'm sure.
814  Economy / Securities / Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] on: January 21, 2014, 12:25:01 AM
 Cool
815  Economy / Securities / Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] on: January 21, 2014, 12:19:13 AM

Disagree. When you're running a MINING company and you say you've shipped product: you've loaded up that sentence

I don't think a judge would be brave enough to deem 'product' as a miner and only a miner. ACtM and VMC are free to sell whatever they want and they can and do (as seen on the website) act as resellers of pre-fabbed and bought in expansion cases for VMC mining rigs.

http://virtualminingcorp.com/shop1/index.php?id_product=13&controller=product


Fast-Hash-One Expansion Case  Cyclone PCIe2-2709
PCIe Gen2 x16 Host Bus to Expansion System Bandwidth of up to 80 Gb/s
Sixteen PCIe Slots with Open Back Connectors (four x8, twelve x4)
One or Three Meter Cable to Host
Chassis/Power Supply Options
5U Rack Mount Chassis with 3240  Watt Power Supply in N+1 Configuration
System Monitoring (Optional)



The above is listed on the VMC site under 'Product'. I think that settles this legally. But please keep discussing your personal views. I've said already why this is what CEO's must do to support their company.
816  Economy / Securities / Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] on: January 21, 2014, 12:12:58 AM

The CEO is not allowed to mislead shareholders or buyers. The law is very strict on this.



I agree with the law. However I disagree that he has intentionally misled anyone. The language he used is very clear and concise. He said we had shipped 'products'. He did not say we had shipped miners!

Good luck with your court case! I'm sure your lawyer will take your money, I'm even more sure Ken has no case to answer.

When Microsoft say their new OS is 'the best operating system going' yet it turns out to be another load of crap do you think you could take them to court for misleading customers?! No.
817  Economy / Securities / Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] on: January 21, 2014, 12:01:47 AM
Q. What was delivered?
A. No Miners were delivered, he made no such statements about miners being delivered, and it was simply products which he didn't disclose to me.

https://bitcointalk.org/index.php?topic=297543.msg3782916

Quote
We have this last week shipped our first products to customers.

If true, that is intentionally misleading information.

Nope it's just PR. People assumed it was miners - but Ken didn't say it was.

Personally I think it was chips.

Actually instead of being misleading to shareholders (for what reason there are no new shares being sold?) Ken is actually just creating 'good PR' for the company in order to keep online customers confidence levels up. He's doing what every CEO must do, and that is project confidence and put a positive spin on any news. It's for the good of the company and the good of the shareholders. It's not lieing, he didn't lie, he's just making the best of the situation. It's smart and we should be glad he can put a positive spin on news when we were clearly delayed.
818  Economy / Securities / Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] on: January 20, 2014, 11:03:08 PM
No, you can't really expect anything huge from a meeting like this except certain-confirmation of what we already know.  

But I'm pleased to hear yet again from someone who has actually met Ken that he comes across well and shows he knows what he's doing.

Thanks Bar.
819  Economy / Securities / Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] on: January 20, 2014, 09:23:36 PM




sorry I know it's "crumbsy" of me… but I couldn't resist…

lol yes but it's not disrespectful.

From wiki:

'Ken had a fantastically fashionable line of clothing and accessories. Since his debut, Ken has held at least forty occupations.'

I think he's one and the same.
820  Economy / Securities / Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] on: January 20, 2014, 08:39:14 PM
Ummm VirtualMining.com On CryptoStocks is Not VMC

It is the Site VirtualMining.com

Which is a totally Different Company and Site


just as HashFast is a completely different company than the VMC product Fast-Hash.

Yes, and Ken is not the same guy from the well-know duo Barbie and Ken.

Is he?
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