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1  Economy / Securities / Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] on: January 02, 2014, 04:18:34 PM
Well you (and numerous others) have registered just to post on the ACtM thread, so I guess the answer to your question is - you want them.  Cheesy

Crumbs alt was banned

NickDanger, a virtual identity which I chose for you as my manifestation on this forum, was banned without a warning.

All of his other Alts have commented on that thread including webgypsy (admittedly), cropcircle, and thumper650. This list also includes Doloreshaze, Dolor, Doloresmaze, accountmarketing.

Please understand who you are talking to on this thread as he is going through great lengths to create multiple accounts.

Carry on.

Bargraphics, whose sock are you?  You didn't join this forum in June just to unload your Terrahash preorder on some sucker, did you?  I mean, IN YOUR FIRST POST?

You're not the only one entitled to socking, don't get so uppity & butthurt when others do it.
2  Economy / Securities / Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] on: January 02, 2014, 04:09:53 PM
FYI - there is a limit on the number of shareholders in a private company under which they would have a lot of freedoms.

I believe it is currently still a limit of 500 shareholders however legislation is in process to increase that to over 1000 through the "Jumpstart Our Business Startups Act" which has been approved but will be added to the JOBS Act and therefore requires another vote and presidential signature (I'm not sure if this has happened yet)

The latest list of ActiveMining investors shows 323 people (http://bitfunder.firstitinc.com/asset-list/assetlist-2013-12-07-01:40.txt) although we need to take into consideration that a lot of people tendered shares prior to this.

Searching for a pre-bitfunder shutdown list (http://bitfunder.firstitinc.com/asset-list/assetlist-2013-11-01-23-50.txt.bz2) shows 768 investors. We can guestimate this is higher as not all BTCT.co investors would have moved across prior to this. (if I understand correctly)

It might have been recommended, possibly even by the SEC, for Ken to delay listing the shares until the amendment to the JOBS Act has been passed (it may already have been, I haven't bothered googling it).

Vinny, please stop making shit up.  Unregistered securities are unregistered securities.  If you wish to play interweb lawyer, at least cite the laws you're invoking​.​

Any future changes in the applicable laws will not be retroactive.  What Ken did was illegal at the time that he did it, and remains illegal now.  I to enjoy fantasizing about possible hospitable future, though I do not base my financial decisions on those fantasies.
3  Economy / Securities / Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] on: January 02, 2014, 04:00:50 PM
Devils Advocate:

The company is registered in Belize (I believe) which solves most of the problems of offering shares in a company. If those shares become publicly tradable then the US imposes it's own laws (rightly or wrongly) which prohibit trading with US citizens. In that respect ActM might need to limit access to share trading with US citizens.

Don't let your confirmation bias lead you - this has to be a consideration for ActM, weather it turns out to be an issue or not.

The fact that Ken egistered a company in Belize does not change the fact that ken sold his unregistered securities to US persons.  Fact.
Even a full buyback won't absolve him any more than returning the money stolen from a bank would absolve a bank robber.  Fact.
The law was already broken, the only thing to be done now is wait & see if Ken's daring do was interesting enough for the SEC to go after.  If Ken didn't lie about the SEC contacting Jon abo​u​t Active Mining, my guess is Ken should ​get ​a love letter​ ​from them sometime soon.
4  Economy / Securities / Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] on: January 02, 2014, 02:06:52 PM
//
1. 30th November [source] - Ken announces delays due to further R&D and unveils Intellihash(tm) technology
2. 12th December [source] - Weekly announcement states "we are continuing to bring in all the parts for mass production of our miners"
3. 18th December [source] - Weekly announcement states "working with eASIC and our engineers to get our chip and boards in full production"
//

1. The main problem here is with the word "unveiling."  Unveiling implies show, not tell.  Ken has unveiled nothing, he simply fed you a line of bull.

2. "Continuing" means "shit is exactly the same as it was."  "Continuing to bring in all the parts for mass production of our miners" means nothing has changed, ignoring the fact that the statement is both unverifiable and devoid of meaning.

3.  Ditto.  Ken has been "working with eASIC and our engineers to get [his] chip [sic] and boards in full production" since the day he allegedly forked over some of your money to eAsic.

Edit: What's more troubling still is Ken doesn't even bother with keeping up appearances any longer.  He signs his Wednesday post with Active Mining PR, but posts it from his own account.  He no longer gives a damn about what happens in this thread, something that might seem familiar to Labcoin folks.

Edit2: If you are reassured by words like "Intellihash," please PM me -- I could coin and recombine compounds myself.  I'd like to unveil another revolutionary disruptive technology:  Intellibit Transware.  It spackles the gaps between hardware, firmware & software. It also makes excelent excuses for botched designs.
Voila!
5  Economy / Securities / Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] on: January 02, 2014, 01:58:03 PM
//
If the SEC is saying "do this and we'll take you down", which is plausible, then I am 100% correct. Trying to brush over this potential is burying your head in the sand. It may not be the case, but if you notice I didn't say it was, I said "it may"
//

The SEC forbids issuing unregistered securities.
It doesn't offer a Get Out of Jail Free cards to those who consequently take those shares off the market by stealing them.
6  Economy / Securities / Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] on: January 02, 2014, 01:37:04 PM
//
First up, the first 0.0025 dividends go to shareholders only, so he owns 0% of that (or however many shares he's personally bought)

Secondly, being so unreasonable about somebodies holidays is deplorable. Everyone deserves a break especially considering all the little tantrum-ing children in here.

First, Ken currently has all of the shares.  He's not even paying you the bitdust dividends.  You got nothing.

Secondly, it's a bit more deplorable to screw people out of millions & go on a holiday.
7  Economy / Scam Accusations / Re: NickDanger RAPED AND MURDERED BY MODS! on: January 01, 2014, 06:48:21 PM
Could the mods chime in?
8  Economy / Securities / Re: [BitFunder] Moving Forward/Resolution Process on: January 01, 2014, 03:17:47 PM
UKYO: I have some GRATE.LOAN in BF, what shall I do with it ?

He will create a portal for the loans soon.

<des`> Ukyo, so, is AM claim portal done? Will you work on ukyo.loan portal now?
<Ukyo> des`: just as soon as I am done with fixing the stupid bitcoind for weex claims -_-;

"innovation when you least expect it"
9  Other / Beginners & Help / Re: newbie here on: December 29, 2013, 03:11:18 PM
Post and waiting for 4 hours Cheesy

Works for me Cheesy
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