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941  Economy / Securities / Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] on: January 01, 2014, 09:35:03 PM
I think it's possible we might never go live on Crypto-Trade. The reason, in short, is the legislative body that regulates listed securities in the US.

If we consider that Ken has now created a real player in the BTC industry what should his main focus be?

What would you do?

Would you put the company at risk of prosecution by going live on a securities exchange again? Or would you wait a few extra weeks for Coloured Coin implementation?

I've no idea what Ken's plans are right now, but it it were me I would go the conservative, safe route at this stage. Why risk what we have spent so long building up just to bring share trading a few weeks further forward?
942  Economy / Securities / Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] on: January 01, 2014, 05:08:35 PM
943  Economy / Securities / Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] on: December 31, 2013, 03:21:08 PM
The hypocrisy of the guy is unbelievable. He gambled away hundreds of thousands of dollars of people's money so the last place he needs to go near is a court room. On the other hand Ken has a legal lien basis for confiscating his personal and/or his company ACtM shares. Period.

Ken has always acted in good faith and in the spirit of the law - despite the technicalities he has not been criminally negligent with other people's money. The law on unregistered securities is there to protect people from the unscrupulous. Ken will be giving everyone a worthy return and if it came to the authorities taking every bitcoin stock to court (unlikely) he would be let off with a slap on the wrist and a fine. The underlying  intent is always the deciding factor in any interpretation of the law and Kens has been honest from the start.
944  Economy / Securities / Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] on: December 31, 2013, 10:41:20 AM
But who would be getting ActM hardware at (even this amount of) a consistent rate? Someone who ordered would likely get them all at once or in a few parcels.

If it's ACtM or another customer of VMC there is still a fair bit of infrastructure to set up around these rigs so even if they all arrived in one delivery it could easily take a day for each machine to be fully installed and connected to the grid. This isn't quite unboxing and plugging into the wall.

As regards the question about supplying ourselves or our customers first. If this is a VMC customer then their order has paid for the manufacture of these rigs plus twice as many for ACtM. So the order money has likely gone towards eASIC to contribute to the batch that will populate our mining operation. We must be a few weeks away at most from mining and if this is anything to go by the ACtM farm will surely be upwards of 6% of global hash.

Everytime we take a big online order and fill it, we generate cash that goes straight towards building up our own farm. So to maximise the ACtM farm we need to keep taking and filling customer orders - there is no trade off, at the end of the day we benefit from selling to customers.
945  Economy / Securities / Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] on: December 31, 2013, 08:29:15 AM
As we know Ken seeks legal advice regularly. He wouldn't withhold Ukyo's shares unless that was something he could justify to a judge based on Ukyo withholding our BTC. Its a fair move at the end of the day and compensates for the loss of capital suffered by ACtM.

EDIT

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

We have ~106 BTC in the Bitfunder/WeExchange system which we can not obtain.  We have sent Bitfunder's/WeExchange's Ukyo a Legal Demand For Payment within 72 hours.  We expect this problem to result in the loss of the 106 BTC.  We are meeting with our Lawyers to determine what our next steps will be.
946  Economy / Securities / Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] on: December 31, 2013, 03:03:27 AM
The short-term complete power-downs could be the electrical installer cutting the live feed so that he can safely add more conections/breakers to the circuit. Isolation switches should be in place for this but in a new installation created in a rush you might require the occasional dead circuit to make alterations or new outlets.
947  Economy / Securities / Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] on: December 30, 2013, 04:03:07 PM
If you feel the need to quote someone - not always necessary - please edit the quote down to relevant points. Way too much quoting going on here.
948  Economy / Securities / Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] on: December 30, 2013, 01:05:38 AM
The orders made now are shipping in a few months. That doesn't mean shipping will not start for three months it means there is a backlog of orders built up. It means our sales have outstripped our production capacity (for retail machines) which equates to a great sales success.

Also we only needed one or two machines to take 1% of hash three months ago so the subsequent difficulty increase is not as big a deal as you make out.
949  Economy / Securities / Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] on: December 29, 2013, 08:46:42 PM
Everyone's best interest IS my best interest - I'm a shareholder.

If you think everyone who promotes the true potential of this company is just out for themselves and are going to dump stock at a high price you are wrong. I am holding 80% of my shares for long-term divs. Share price is a side issue for me but having long-term investors scared into selling and loosing a lot of money is not something you want to sit by and idly watch. We are all in this together. Or are we?

950  Economy / Securities / Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] on: December 29, 2013, 08:13:05 PM
Hey new guy, Entropy wasn't interested in this company a few weeks ago as you will see if you check his history of posts. So you should ask why he and other new Trolls have suddenly started smashing their negative talk all over the thread. Why are they here basically.

The answer is either they are so nice that they want to warn people away from this company or they want to buy cheap shares and are trying to scare people into selling cheap when the exchange opens.

It's a simple question with only one possible answer.

If you want to buy in do so. The price you can buy in at will be dictated by the market. As you have discovered the company only needs a few percent of global hash to pay back the IPO of 0.0025 within 3 to 4 months. And that would only need a small room of their 24 TH/s machines. The company get these machines at cost price. The percentage of global hash they can take is the key question. My estimate is 5-7% in Feb rising to 10% by year end.

Go figure.
951  Economy / Securities / Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] on: December 29, 2013, 01:48:49 PM
Who says we don't have the Bat Cave?

Do you really think the only premises ACtM has is this unit? What you see in the pic is a VMC production line. It could be the whole picture but considering how secretive Ken is I would suggest it's a bit of a red herring. Only my opinion of course.
952  Economy / Securities / Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] on: December 29, 2013, 02:14:03 AM
OK, good, thanks for the info.

btw It's not such an unusual thing to employ family in a new business. It's very common  - you can trust family and they are usually happy to work long hours for not much pay.
953  Economy / Securities / Re: [ActiveMining] Drawingthesun's Thread. Only Known/Useful Information on: December 28, 2013, 08:01:43 PM
You've been told many times that expected full production of VMC machines is January.

This has been fully explained to you and Ken even agreed so how come you know so much more than the CEO? lol
954  Economy / Securities / Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] on: December 27, 2013, 05:25:33 PM
lol.

There is absolutely no way this is a scam.

ACtM are not asking for any monies from anybody. No shares are being sold by Ken on CT and he hasn't taken any money from anyone on bitcointalk for something like 4months - as has been pointed out many times.

Yet he continues to invest money in new equipment for the production line and rental on company premises. Ken is completely open with his identity. We know exactly who he is.

So sell your shares if you want to but you are certainly going to regret that over the next few months when the divs start up again and we begin to run a substantial mining farm and mining rig and chip sales company.

Whatever you do, good luck.
955  Economy / Securities / Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] on: December 27, 2013, 02:31:16 AM
Mabsark you are refusing to listen to reason. It's not the first time for you, and I know logic would say you are Trolling for cheap shares.

ACtM should be live trading on CryptoTrade fairly soon, until then you are on ignore as you have nothing valid to say and are simply scare-mongering and trying to benefit your own pocket at the expense of others. If you listened to what people were telling you I would give you a chance, but you are actually making me feel embarrassed for you now as you keep denying the facts and pretend there is a big problem with the company.

If I wanted cheap shares I really wouldn't have the heart to do what you are doing now, knowing that Ken has put his everything into this and so many regulars on here have big big investments that they rightly don't want to see trashed by some guy desperate to buy low.
956  Economy / Securities / Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] on: December 26, 2013, 11:50:26 PM
With card availability beginning April, I think it safe to say that low-volume production will start in March, putting normal volume production in April/May (4-6 weeks afters low volume production).

Is anyone still delusional enough to think normal volume production will be January?

Does anyone here still think normal volume production will start before April?



Some points:

You have repeatedly shown yourself to be wrong time and time again.

You have lost your own money on Labcoin and now you are plaguing this thread because you want to Troll the share price down and buy shares cheaply.

Ken has said we are close to assembling machines and suggested January for full production - is he delusional too??

You wont accept this because you are Trolling for cheap shares.

You will bang on and on and on about this until you get your cheap shares.

Then you will pump ACtM just like you pumped Labcoin - and that will be even more more annoying than what you are trying to do now.

957  Economy / Securities / Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] on: December 26, 2013, 08:02:07 PM
dolor - there is no way you are Eastern European with that level of written English.
Let's play a game. I'll start.

dolor = Mr LorenzoMoney
thepostman = VE
reloaded = crumbs
Mabsark = Mabsark


958  Economy / Securities / Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] on: December 26, 2013, 07:01:02 PM
If Mabsark is able to look at a picture with six workbenches and sees only two it makes perfect sense that he sees mass production starting in April/May.
959  Economy / Securities / Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] on: December 26, 2013, 06:25:57 PM
Mabsark, people have explained to you why your dates are so off.  The thought that you are correct because Ken didn't instantly set you straight is as ludicrous as your belief that the introduction of Intellihash means the entire process must start again from scratch.
960  Economy / Securities / Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] on: December 26, 2013, 05:38:37 PM
The Trolls are back.

Mab, you have made the same genuine mistake that others have made. 

Go back and try again, this time don't use the 19th September as a starting point.  That was the date of the post on page one of this thread.  Instead, project forward from the date the NRE was paid, or your best guesstimate.
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