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auto2nr1
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June 29, 2013, 10:10:32 PM |
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https://btct.co/security/AMC-PTORGANIZATION & MANAGEMENT Active Mining Corporation Management Team: Kenneth E. Slaughter, CEO/CTO Virtual Mining Corporation Management Team: Kenneth E. Slaughter, CEO/CTO Gerald L. Slaughter, COO/CFO Micha Slaughter, VP Manufacturing Operations Darin Carolus, VP Marketing
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Diamondstarfall
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Activity: 70
Merit: 10
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June 29, 2013, 10:11:16 PM |
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Wow. Nice find. AMC really is 2.0 BFL 2.0Dig trolls dig! Wow Very nice find, AMC to the ground....
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steveioio
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Activity: 70
Merit: 10
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June 29, 2013, 10:11:25 PM Last edit: June 29, 2013, 10:25:11 PM by steveioio |
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What is the best way to make this right then? What i am trying to figure out is how can Ken gain shares of AMC for his contributions.
We need to see- 1) A resolution of the VMC issue. VMC needs to be absorbed into AMC so that Ken cannot declare AMC bankrupt and walk off with all our investment capital in VMC. He could do that legally right now it seems (though I may be wrong) and he could retire on the proceeds of VMC. 2) Hard evidence. Contracts, orders, video of the AMC setup, offices, mining machines, chips. 3) We need to know more about Ken. He needs to come out of the shadows if he expects us to invest millions of dollars in him and his expertise and ideas. We don't even have a photo of the man or any hard evidence that he is a real person let alone a competent entrepreneur.
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Kyune
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June 29, 2013, 10:11:47 PM |
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It was my sad attempt at humor. Darin isn't the first on the management team to be accused of scamming.
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BTC: 1K4VpdQXQhgmTmq68rbWhybvoRcyNHKyVP
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ronaldlee0917
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June 29, 2013, 10:14:07 PM |
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FK! Bitfunder is down? I want to cancel my bid order!
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Donation: 18zXsfnSvGjQFJ6pEiKMg2uWGcxUCfJLzu Mastercoin - A new protocol layer built on top of Bitcoin
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auto2nr1
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June 29, 2013, 10:15:24 PM |
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What is the best way to make this right then? What i am trying to figure out is how can Ken gain shares of AMC for his contributions.
We need to see- 1) A resolution of the VMC issue. VMC needs to be absorbed into AMC so that Ken cannot declare AMC bankrupt and walk off with all out investment capital in VMC. He could do that legally right now it seems (though I may be wrong) and he could retire on the proceeds of VMC. 2) Hard evidence. Contracts, orders, video of the AMC setup, offices, mining machines, chips. 3) We need to know more about Ken. He needs to come out of the shadows if he expects us to invest millions of dollars in him and his expertise and ideas. We don't even have a photo of the man or any hard evidence that he is a real person let alone a competent entrepreneur. 1) A resolution of the VMC issue. VMC needs to be absorbed into AMC so that Ken cannot declare AMC bankrupt and walk off with all out investment capital in VMC. He could do that legally right now it seems (though I may be wrong) and he could retire on the proceeds of VMC.4 This is the most important issue that needs to be resolved ASAP.
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lysr
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Activity: 161
Merit: 11
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June 29, 2013, 10:15:33 PM |
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FK! Bitfunder is down? I want to cancel my bid order!
Works for me. Good luck mate
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Diamondstarfall
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Activity: 70
Merit: 10
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June 29, 2013, 10:15:41 PM |
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Anyone who doesn't see the light still I feel sorry, Get out of AMC now while you can or say bye bye to your BTC
Bitfunder down, from huge sell off.. I saw 0.0007 for a second.. weird
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s_stylez
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Activity: 35
Merit: 0
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June 29, 2013, 10:15:56 PM |
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ronaldlee0917
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June 29, 2013, 10:22:10 PM |
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FK! Bitfunder is down? I want to cancel my bid order!
Works for me. Good luck mate Canceled my order just in time and place a new one with 1 satoshi just for the lol
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Donation: 18zXsfnSvGjQFJ6pEiKMg2uWGcxUCfJLzu Mastercoin - A new protocol layer built on top of Bitcoin
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steveioio
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Activity: 70
Merit: 10
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June 29, 2013, 10:23:49 PM |
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Anyone who doesn't see the light still I feel sorry, Get out of AMC now while you can or say bye bye to your BTC
Bitfunder down, from huge sell off.. I saw 0.0007 for a second.. weird
Personally I would say everyone doesn't need to get out. We need to give AMC a chance to survive incase it is a genuine outfit - which it could be. Ken has promised some movement over the next few days. The smart thing to do it cover your outlay by selling a portion of your investment. Don't leave yourself massively exposed, sell a portion to get some capital back and hold the rest. This has always been a gamble so risk only what you can afford to loose.
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lysr
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Activity: 161
Merit: 11
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June 29, 2013, 10:24:24 PM |
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It was my sad attempt at humor. Darin isn't the first on the management team to be accused of scamming. Got it Who else was accused of scamming? Ken Slaughter?
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TheSwede75
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June 29, 2013, 10:28:25 PM |
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https://btct.co/security/AMC-PTORGANIZATION & MANAGEMENT Active Mining Corporation Management Team: Kenneth E. Slaughter, CEO/CTO Virtual Mining Corporation Management Team: Kenneth E. Slaughter, CEO/CTO Gerald L. Slaughter, COO/CFO Micha Slaughter, VP Manufacturing Operations Darin Carolus, VP Marketing First "eye opener" should be when someone just hired his entire family as management.
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TheSwede75
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June 29, 2013, 10:39:37 PM |
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Speaking of the corporate structure, this is an excerpt from VMC's website "Active Mining Cooperative (AMC) is the answer to your problem. AMC is a business unit of Virtual Mining Corporation (VMC)"
Wtf? Haven't they been selling AMC as a stand alone company? We really need this cleared up before something really bad happens.
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Entropy-uc
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June 29, 2013, 10:46:29 PM |
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Kenneth E. Slaughter, CEO/CTO Gerald L. Slaughter, COO/CFO Micha Slaughter, VP Manufacturing Operations Darin Carolus, VP Marketing
Hmm, wait, AMC / VMC is actualy family-run business, with scammy magician added for the LULZ? *** Business Experience: Slaughter Vending and Amusement, Pegasus Business Systems, Advanced Learning Systems, Advanced Software Solutions, Active Internet Communications - ISP Business axs(tm).net which produced over 2.5 Million in revenue and over 10,000 customers in 49 states, Canada, and Puerto Rico with over 10 employees. Turn-key Web Hosting Business running on Amazon.com, Bitcoin mining since 2009. Does not hold with this added: *** ASIC Development: AMC has Synthesized it's Bitcoin Mining source code to create RTL for the xc6xlt150 FPGA. This code is in the process of being ported to a Major Semiconductor Company's ASIC chip. I missed that before. So his accomplishment is getting a spartan 6 FPGA to hash? The same spartan-6 that ngzhang had hashing 2 years ago? Or Makomk published open source code to hash with 1 year ago? https://github.com/fpgaminer/Open-Source-FPGA-Bitcoin-MinerHmm, CTRL-C, CTRL-V That was quite a technical accomplishment.
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lolstate
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June 29, 2013, 10:51:19 PM |
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First AMC is a scam, then it is Hogwarts. Next up, a mafia operation run out of Nevada. Can you fudsters please get your story straight? Take away this evening is: please try harder
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TheSwede75
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June 29, 2013, 10:51:26 PM |
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Kenneth E. Slaughter, CEO/CTO Gerald L. Slaughter, COO/CFO Micha Slaughter, VP Manufacturing Operations Darin Carolus, VP Marketing
Hmm, wait, AMC / VMC is actualy family-run business, with scammy magician added for the LULZ? *** Business Experience: Slaughter Vending and Amusement, Pegasus Business Systems, Advanced Learning Systems, Advanced Software Solutions, Active Internet Communications - ISP Business axs(tm).net which produced over 2.5 Million in revenue and over 10,000 customers in 49 states, Canada, and Puerto Rico with over 10 employees. Turn-key Web Hosting Business running on Amazon.com, Bitcoin mining since 2009. Does not hold with this added: *** ASIC Development: AMC has Synthesized it's Bitcoin Mining source code to create RTL for the xc6xlt150 FPGA. This code is in the process of being ported to a Major Semiconductor Company's ASIC chip. I missed that before. So his accomplishment is getting a spartan 6 FPGA to hash? The same spartan-6 that ngzhang had hashing 2 years ago? Or Makomk published open source code to hash with 1 year ago? https://github.com/fpgaminer/Open-Source-FPGA-Bitcoin-MinerHmm, CTRL-C, CTRL-V That was quite a technical accomplishment. Don't worry, Of course they needed capital to buy 4 Avalons, after all. It's not like they should have had any BTC To use for the purchase if "The team has been involved with Bitcoins since 2009" . . . (Is Ken Satoshi?)
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Kyune
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June 29, 2013, 10:59:14 PM |
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Speaking of the corporate structure, this is an excerpt from VMC's website "Active Mining Cooperative (AMC) is the answer to your problem. AMC is a business unit of Virtual Mining Corporation (VMC)"
Wtf? Haven't they been selling AMC as a stand alone company? We really need this cleared up before something really bad happens.
AMC is unambiguously described as a wholly-owned subsidiary of VMC on both Bitfunder and BTCT. Furthermore, the "shares" offered on Bitfunder are not ownership stakes in AMC. From the "Private Placement Memorandum" on Bitfunder ( https://bitfunder.com/asset/AMC#pane_profile, which is only presented as a jpg, so I have to retype the content): PPM, page 2: "AMC is a business unit of VMC" PPM, page 6: "Shares of AMC on Bitfunder do not represent real world shares of the company. The shares are solely a distribution mechanism for rights to profits." From the "Details" tab on BTCT for the passthrough shares: Active Mining Corporation (AMC) is a Belize International Business Company DBA Active Mining Cooperative and is a wholly owned subsidiary of Virtual Mining Corporation (VMC) a Delaware Corporation.
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BTC: 1K4VpdQXQhgmTmq68rbWhybvoRcyNHKyVP
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lolstate
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June 29, 2013, 11:03:08 PM |
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Kenneth E. Slaughter, CEO/CTO Gerald L. Slaughter, COO/CFO Micha Slaughter, VP Manufacturing Operations Darin Carolus, VP Marketing
Hmm, wait, AMC / VMC is actualy family-run business, with scammy magician added for the LULZ? *** Business Experience: Slaughter Vending and Amusement, Pegasus Business Systems, Advanced Learning Systems, Advanced Software Solutions, Active Internet Communications - ISP Business axs(tm).net which produced over 2.5 Million in revenue and over 10,000 customers in 49 states, Canada, and Puerto Rico with over 10 employees. Turn-key Web Hosting Business running on Amazon.com, Bitcoin mining since 2009. Does not hold with this added: *** ASIC Development: AMC has Synthesized it's Bitcoin Mining source code to create RTL for the xc6xlt150 FPGA. This code is in the process of being ported to a Major Semiconductor Company's ASIC chip. I missed that before. So his accomplishment is getting a spartan 6 FPGA to hash? The same spartan-6 that ngzhang had hashing 2 years ago? Or Makomk published open source code to hash with 1 year ago? https://github.com/fpgaminer/Open-Source-FPGA-Bitcoin-MinerHmm, CTRL-C, CTRL-V That was quite a technical accomplishment. Don't worry, Of course they needed capital to buy 4 Avalons, after all. It's not like they should have had any BTC To use for the purchase if "The team has been involved with Bitcoins since 2009" . . . (Is Ken Satoshi?) Swede, time to put up or shut up. I'm eager to buy call options on AMC from you. Quote your terms, let's agree you will back your BS with hard cash. If this offer makes you weak at the knees, tap Megamouth for some coins - he claims to be a man of means, or maybe he means his Dad is, didn't quite get all the details.
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