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VinceSamios
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February 04, 2014, 04:35:30 PM |
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Does anybody know any details on all the extra sell orders which are on CT? Are they Ken testing the system as there are quite a few more than earlier. https://crypto-trade.com/tradex/ipo/amc_btcSELL ORDERS (Total AMC : 204,230.00 )
Price/AMC Amount AMC Total BTC
0.0005 180854 90.427
0.00249993 40 0.0999972
0.00249996 80 0.1999968
0.00249999 100 0.249999
0.0025 4970 12.425
0.00379652 100 0.379652
0.0049 5000 24.5
0.005 120 0.6
0.0055 41 0.2255
0.0058 80 0.464
0.006 100 0.6
0.0063 120 0.756
0.0081 2400 19.44
0.008987 3 0.026961
0.009 41 0.369
0.0459 5500 252.45
0.0999 4480 447.552
0.1 200 20
1 1 1
edit - sorry for the formatting^ This will be people who have bought some of the 30,000 odd ukyo shares that were sold, and are listing them for a quick profit. |
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nyc77
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February 04, 2014, 04:36:18 PM |
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Kids - sit down and have a glass of milk.
Keep Bumping this. This is this weeks bible till this situation blows over. Thank You!!!! Wow. Exactly! Just keep reading it to yourself until you actually believe it! |
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mainline
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February 04, 2014, 04:40:37 PM |
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...
3. Ken/the company doesn't care what price the shares are sold for, save for the fact the 100BTC+costs needs to be recovered. Leaving some shares for Ukyo is not a consideration. Liquidating the shares to recover 100BTC+costs is the ONLY consideration.
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Ken promised to pay .0025 in divs for the shares he is selling @.0005. If you take Ken at his word, he is effectively taking out a loan @400% interest. Shrewd business move, or ?? ? So much arithmetic fail in this thread... so much arithmetic fail in this post.... preferential shares are not a loan. lol wut "If you take Ken at his word, he is effectively taking out a loan @400% interest." So... Math fail AND reading comprehension fail. "Just keep punching, Joe!" |
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funkymunky
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February 04, 2014, 04:41:41 PM |
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This will be people who have bought some of the 30,000 odd ukyo shares that were sold, and are listing them for a quick profit.
Good thinking Vince, thank you |
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JoTheKhan
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February 04, 2014, 04:44:13 PM |
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@mainline
Ken owes .0025BTC on those shares whether he sells them or gives them back to Ukyo, hes not taking out any loan because he already owes money on those shares.
The only way he can not owe .0025BTC on those 230k shares is if he destroys them. Which someone said he can't do?
Anyways heres too a definitive update about our shares tomorrow.
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kleeck
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February 04, 2014, 04:45:20 PM |
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Does anybody know any details on all the extra sell orders which are on CT? Are they Ken testing the system as there are quite a few more than earlier. https://crypto-trade.com/tradex/ipo/amc_btc... edit - sorry for the formatting^ This will be people who have bought some of the 30,000 odd ukyo shares that were sold, and are listing them for a quick profit. There have actually been ~50,000 shares sold since last night. 231K -180K ------- 51K |
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VinceSamios
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February 04, 2014, 04:47:52 PM |
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Does anybody know any details on all the extra sell orders which are on CT? Are they Ken testing the system as there are quite a few more than earlier. https://crypto-trade.com/tradex/ipo/amc_btc... edit - sorry for the formatting^ This will be people who have bought some of the 30,000 odd ukyo shares that were sold, and are listing them for a quick profit. There have actually been ~50,000 shares sold since last night. 231K -180K ------- 51K Kleeck delivers better figures - thank you, I though Ukyo had 213k shares... dyslexia, never thought I had it. |
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mainline
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February 04, 2014, 04:48:36 PM |
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@mainline
Ken owes .0025BTC on those shares whether he sells them or gives them back to Ukyo, hes not taking out any loan because he already owes money on those shares.
The only way he can not owe .0025BTC on those 230k shares is if he destroys them. Which someone said he can't do?
Anyways heres too a definitive update about our shares tomorrow.
Ken should have held the shares, and simply refused to pay Jon the dividends. Simple.
What am i missing?*You should forget about Ken's claim that the court could freeze trading on illegal, unlicensed securities. That sort of thinking puts Absurdist writers to shame. |
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VinceSamios
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February 04, 2014, 04:49:02 PM |
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@mainline
Ken owes .0025BTC on those shares whether he sells them or gives them back to Ukyo, hes not taking out any loan because he already owes money on those shares.
The only way he can not owe .0025BTC on those 230k shares is if he destroys them. Which someone said he can't do?
Anyways heres too a definitive update about our shares tomorrow.
HE DOES NOT OWE ON SHARES - it is not a loan. The 10mil shares GET PREFERENCE of dividends, not guaranteed dividends. The market price of shares is the market price of shares with the dividend priority taken into consideration. Sorry dude, but you're an idiot. |
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JoTheKhan
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February 04, 2014, 04:49:36 PM |
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@mainline
Ken owes .0025BTC on those shares whether he sells them or gives them back to Ukyo, hes not taking out any loan because he already owes money on those shares.
The only way he can not owe .0025BTC on those 230k shares is if he destroys them. Which someone said he can't do?
Anyways heres too a definitive update about our shares tomorrow.
Ken should have held the shares, and simply refused to pay Jon the dividends. Simple.
What am i missing?From this statement alone? Nothing. I actually suggested this. Even Jon (Ukyo) agreed that it was a good idea. |
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JoTheKhan
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February 04, 2014, 04:51:38 PM |
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@mainline
Ken owes .0025BTC on those shares whether he sells them or gives them back to Ukyo, hes not taking out any loan because he already owes money on those shares.
The only way he can not owe .0025BTC on those 230k shares is if he destroys them. Which someone said he can't do?
Anyways heres too a definitive update about our shares tomorrow.
HE DOES NOT OWE ON SHARES - it is not a loan. The 10mil shares GET PREFERENCE of dividends, not guaranteed dividends. The market price of shares is the market price of shares with the dividend priority taken into consideration. Sorry dude, but you're an idiot. I apologize, I guess using the word owe was wrong. Every share that is sold at .005 from Ukyo's stack goes to Active Mining. This doesn't cause Ken to have to account for an extra .0025 BTC per share sold before his shares collect money as they were already accounted for when they were Ukyo's shares. I didn't mean to make you upset. |
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VinceSamios
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February 04, 2014, 04:53:52 PM |
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@mainline
Ken owes .0025BTC on those shares whether he sells them or gives them back to Ukyo, hes not taking out any loan because he already owes money on those shares.
The only way he can not owe .0025BTC on those 230k shares is if he destroys them. Which someone said he can't do?
Anyways heres too a definitive update about our shares tomorrow.
HE DOES NOT OWE ON SHARES - it is not a loan. The 10mil shares GET PREFERENCE of dividends, not guaranteed dividends. The market price of shares is the market price of shares with the dividend priority taken into consideration. Sorry dude, but you're an idiot. I apologize, I guess using the word owe was wrong. Every share that is sold at .005 from Ukyo's stack goes to Active Mining. This doesn't cause Ken to have to account for an extra .0025 BTC per share sold before his shares collect money as they were already accounted for when they were Ukyo's shares. I didn't mean to make you upset. This still doesn't make sense. If Ukyo's shares accrued dividends while they were held under lein, then those dividends go towards the 100BTC+costs - whoever buyers the shares from now on inherits the remainder of the 0.0025btc/share priority. |
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minerpart
Sr. Member
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Activity: 280
Merit: 250
IIIIII====II====IIIIII
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February 04, 2014, 04:55:11 PM |
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Jo I got what you meant, you just meant that is what is 'due to be paid' on each share. (but please don't enter into conversation with the Trolls).
Ken cannot keep the shares and wait for the divs because he said he want's to secure these funds ASAP incase Ukyo has a lawyer 'impound' them. They could be tied up (including the divs) in a legal battle and then we would then be locked out of raising our money back just when we might need it.
If Ken sells them asap that problem will not arise.
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VinceSamios
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February 04, 2014, 04:56:27 PM |
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Jo I got what you meant, you just meant that is what is 'due to be paid' on each share.
Ken cannot keep the shares and wait for the divs because he said he want's to secure these funds ASAP incase Ukyo has a lawyer 'impound' them. They could be tied up (including the divs) in a legal battle and then we would then be locked out of raising our money back just when we might need it.
If Ken sells them asap that problem will not arise.
^^ this... |
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JoTheKhan
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February 04, 2014, 04:56:52 PM |
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Before Ken sold Ukyo's shares they were Ukyo's. So.. Ukyo has .0025BTC priority in Divs on those shares before Ken's 15 Million kick in. After Ken sold those shares whoever bought them now has the .0025BTC priority in Divs on those shares before Ken's 15 Million kick in.
Ken/ActM isn't losing money by selling Ukyo's shares for .0005. If anything he is gaining .0005BTC per share sold. He doesn't owe more. The only way Ken doesn't have to pay priority Divs on those shares is if he destroys them.
EDIT: Anyways forget about Ukyo's shares for just a minute. We have 9.8M other shares to worry about. Ken where are they at?
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VinceSamios
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February 04, 2014, 04:58:37 PM |
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Before Ken sold Ukyo's shares they were Ukyo's. So.. Ukyo has .0025BTC priority in Divs on those shares before Ken's 15 Million kick in. After Ken sold those shares whoever bought them now has the .0025BTC priority in Divs on those shares before Ken's 15 Million kick in.
Ken/ActM isn't losing money by selling Ukyo's shares for .0005. If anything he is gaining .0005BTC per share sold. He doesn't owe more. The only way Ken doesn't have to pay priority Divs on those shares is if he destroys them.
EDIT: Anyways forget about Ukyo's shares for just a minute. We have 9.8M other shares to worry about. Ken where are they at?
yes but the priority is sold on with the shares.... |
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minerpart
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IIIIII====II====IIIIII
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February 04, 2014, 04:59:06 PM |
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The only way Ken doesn't have to pay priority Divs on those shares is if he destroys them.
And legally he cannot destroy Ukyo's seized assets. He can only sell them to recover his losses and then return the remainder back to Ukyo. These shares remain the property of Ukyo until they are sold to a third party. |
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mainline
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February 04, 2014, 05:00:43 PM |
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Vinny, it's difficult to be any clearer: If ActM buys the shares, the divs will be paid to ActM, ActM will be the "future holder."
If the shares are sold to another party, the other party will collect .0025 divs after paying .0005 per share -- at .0020 per share loss to ActM.
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JoTheKhan
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February 04, 2014, 05:01:20 PM |
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The only way Ken doesn't have to pay priority Divs on those shares is if he destroys them.
And legally he cannot destroy Ukyo's seized assets. He can only sell them to recover his losses and then return the remainder back to Ukyo. These shares remain the property of Ukyo until they are sold to a third party. Yes I know I said this above. Man this is the biggest Ouroboros of a conversation I've ever seen. Ok guys lets just forget about Ukyo's shares for now. We need to worry about our 9.8M shares that are nonexistant at the moment. |
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