[ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated]

[Entropy-uc]

2. The pirateat40 path: The SEC prosecutes Ken for securities fraud and siezes all assets.  I see Ken has already acknowledged that the SEC is investigating him, so it might not be long before this one comes into play.

Woh woh woh, where does one reach this conclusion?

1. Ken was issuing illegal securites via BTCT and Bitfunder.
2. BTCT and Bitfunder shut down due to their potential legal liabilities
3. Ken acknowledges that Ukyo informed him that the SEC had specifically inquired regarding AMC
4. Bitfunder's assets are suddenly unavailable
  4 a) the only explanation that doesn't involve a ripoff is that those assets have been seized by a legal authority

It's hardly a wild leap to conclude that there is a significant chance that the SEC investigation into Ken will lead to charges and asset seizure.

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[knybe]

2. The pirateat40 path: The SEC prosecutes Ken for securities fraud and siezes all assets.  I see Ken has already acknowledged that the SEC is investigating him, so it might not be long before this one comes into play.

Woh woh woh, where does one reach this conclusion?

1. Ken was issuing illegal securites via BTCT and Bitfunder.
2. BTCT and Bitfunder shut down due to their potential legal liabilities
3. Ken acknowledges that Ukyo informed him that the SEC had specifically inquired regarding AMC
4. Bitfunder's assets are suddenly unavailable
  4 a) the only explanation that doesn't involve a ripoff is that those assets have been seized by a legal authority

It's hardly a wild leap to conclude that there is a significant chance that the SEC investigation into Ken will lead to charges and asset seizure.

Who the fuck are you? We need new troll FUD? Go away.

[VolanicEruptor]

2. The pirateat40 path: The SEC prosecutes Ken for securities fraud and siezes all assets.  I see Ken has already acknowledged that the SEC is investigating him, so it might not be long before this one comes into play.

Woh woh woh, where does one reach this conclusion?

1. Ken was issuing illegal securites via BTCT and Bitfunder.
2. BTCT and Bitfunder shut down due to their potential legal liabilities
3. Ken acknowledges that Ukyo informed him that the SEC had specifically inquired regarding AMC
4. Bitfunder's assets are suddenly unavailable
  4 a) the only explanation that doesn't involve a ripoff is that those assets have been seized by a legal authority

It's hardly a wild leap to conclude that there is a significant chance that the SEC investigation into Ken will lead to charges and asset seizure.

There are technically no ActM "shares" at the moment, unless you count the list of public addresses that Ken has written on a napkin.   

[zumzero]

There are  BTC 95.57 worth of reasons for people posting FUD right now.  Expect it to become really intensive as we edge closer to D-day and they crawl out of the woodwork.

[knybe]

I'm wearin out my fucken ignore button on some a these pathetic greedy turds.

[zumzero]

lol

[knybe]

2. The pirateat40 path: The SEC prosecutes Ken for securities fraud and siezes all assets.  I see Ken has already acknowledged that the SEC is investigating him, so it might not be long before this one comes into play.

Woh woh woh, where does one reach this conclusion?

1. Ken was issuing illegal securites via BTCT and Bitfunder.
2. BTCT and Bitfunder shut down due to their potential legal liabilities
3. Ken acknowledges that Ukyo informed him that the SEC had specifically inquired regarding AMC
4. Bitfunder's assets are suddenly unavailable
  4 a) the only explanation that doesn't involve a ripoff is that those assets have been seized by a legal authority

It's hardly a wild leap to conclude that there is a significant chance that the SEC investigation into Ken will lead to charges and asset seizure.

Who the fuck are you? We need new troll FUD? Go away.

Who the hell are you?

I'm hardly new.  I've been warning people not to lose money on this mess from the original IPO.  You should have listened.

https://bitcointalk.org/index.php?topic=245713.0;all

No no really, just go ahead and fuck right back off into the hole you climbed out of you unscrupulous manipulative little worm.

[zumzero]

Entropy, you have been away for a long time and now you are back.

It's obvious the reason for that is you want back in.  So don't be a twat about it and just buy your shares for the best price you can.  There's no need for these shenanigans as you are so transparent about your intent.

[knybe]

It's sickening.

[wasubii]

Entropy, you have been away for a long time and now you are back.

It's obvious the reason for that is you want back in.  So don't be a twat about it and just buy your shares for the best price you can.  There's no need for these shenanigans as you are so transparent about your intent.

I have never owned a share of this mess and never will.

As Ken will tell you, I am his competitor, a miner.  A miner who has always held more than double AMC's hashrate and always will.  It amazes me that rubes would value that amount of hardware at the insane market cap Ken issued these shares at.  

You have made your opinions known, not that anyone asked you for them.

Now unless you have anything useful to add, kindly fuck off.

Why don't you go troll a different thread where you also don't have an investment or interest.

I hear IceDrill has been awful quiet of late...

[knybe]

Entropy, you have been away for a long time and now you are back.

It's obvious the reason for that is you want back in.  So don't be a twat about it and just buy your shares for the best price you can.  There's no need for these shenanigans as you are so transparent about your intent.

Most probably entropy's order on CT:

Price/AMC   Amount AMC   Total BTC

0.0000001   10000000        BTC1

[zumzero]

Entropy, please link your company forum, I'd like to take a look if that's alright?

What company did you say you were from again?

[drawingthesun]

Can I ask something without being flamed on please?

So Ken's big announcement is out, and his pump and dump is failing.

He needs to sell another 3 Million shares at 0.0025 to raise the money he is going to gift to VMC, his privately held company, for chip NRE.  But Bitcoiners aren't buying a $25 Million dollar valuation for a $300k company.  So the party is over for Ken right?

Wrong.  Shortly he is going to hit all the bids on BTCT.co and Bitfunder so that he can give himself that million dollar gift.

How do I know?  Well if you read his contracts, you would know too.

From the summary page on Bitfunder:

Notes On The IPO:

As long as AMC does not sell it's shares below 0.0005 then they may do as they please with their shares. It is their company, their ownership, and their shares.

During the IPO, not all shares may be posted as an ASK.

So expect Ken to start hitting bids, and keep hitting them all the way down to 0.0005 if that's what he needs to do.  Because who wouldn't when every dollar they raise goes to benefit their company rather than the company they are selling the shares in?

Did this actually happen? Or did Ken sell all those IPO shares at 0.0025?

[zumzero]

Entropy, if you're going to fuck off soon then that's great, you've had your fun.

But if you a going to hang around until you've served your purpose, please have the decency to explain to everyone EXACTLY what that purpose is.

[Entropy-uc]

Entropy, if you're going to fuck off soon then that's great, you've had your fun.

But if you a going to hang around until you've served your purpose, please have the decency to explain to everyone EXACTLY what that purpose is.

Read my posts and you will find a few dozen that clearly define my motives for posting.

[zumzero]

Don't sell you shares to this man boys and girls.

[wasubii]

Don't sell you shares to this man boys and girls.

I'm not convinced he wants to buy in.

I think he just wants to gloat. prick.

[EskimoBob]

....
I just pictured me as a fat alcoholic, with multiple cats, peeingd myself
BRB, pants.

*SRSLY VE, just imagine him me in the pic next to that towtruck-graphic VMC sign.  Now imagine "hadda holda hith baaallths!"

FTFY. No thank you.

I have crumbs on ignore because this is where this urine smelling cat owner and a forum troll belongs.
Sometime, just for fun, I glance at his crap he writes. Guess what, he manages to make himself in to a more pathetic loser every single time.

[VolanicEruptor]

It's possible that he will never follow through with listing these shares on crypto-trade.  
Just pointing that out..
He would have done it by now if he was actually going to.  Crypto-trade is waiting on him.

[EskimoBob]

I had a short chat with Ken last night and I sent him very simple instructions how to fix his accounting nightmare he has created for Actm.    
Hopefully he understands why BTC must not be treated as a foreign currency in this case.
And yes, I am not going to argue over this -  is BTC a currency or not.

Lets see, how this works out.