[ActiveMining] Official Shareholder Discussion Thread [Moderated]

[neilol-real]

All of the Bitcoins in the Mining Address ( https://blockchain.info/address/1DJpsvnM7xTnQbWEhLYyCyfxQyxwupEzCa ) have been sent to  https://blockchain.info/address/16yTynjmSe5bsRGykDaaCL5bm2pxiEfcqP

Possible refunds being given?

aaaaaaand there it goes…
I would venture to guess that we'll never see that money again.
bubye.

Not any more gone than it was before - customers are entitled to that money before investors. Any attempt to steal now will likely land Ken in jail, I doubt he's looking for that.

I assume he is dragging his feet waiting for a rapid rise in BTC price to bail him out of this mess. He could likely repay investors and refunds on a USD basis at anything approaching $1200 BTC.

[HardwareReviewer]

No refund form received yet...

[knybe]

just for purpose of not being surprised, I fully expect Ken to finagle a way to fuck us all out of any kind of payback whatsoever.

[gogxmagog]

just for purpose of not being surprised, I fully expect Ken to finagle a way to fuck us all out of any kind of payment whatsoever.

ye
nobody is gettin nothin

i even expect that idiot slaughter to do something stupid like cash out now with bitcoin ~600$

such an asshole.

[snowdropfore]

we got nothing left at all, another scam again

[JimmyJazz]

Any chance we can get a weekly update Ken?

[RoadStress]

Any chance we can get a weekly update Ken?

You are funny.

[wosinddiehirsche]

can somebody please descripe the probably best approach to try get back a part of our money. thanks.

should we contact a lawyer? or the investigators?

[klondike_bar]

All of the Bitcoins in the Mining Address ( https://blockchain.info/address/1DJpsvnM7xTnQbWEhLYyCyfxQyxwupEzCa ) have been sent to  https://blockchain.info/address/16yTynjmSe5bsRGykDaaCL5bm2pxiEfcqP

Possible refunds being given?

I think it would:  Here is the address we are holding bitcoins at to purchase the chips:  16yTynjmSe5bsRGykDaaCL5bm2pxiEfcqP

so it moved to an actm account, but no explanation for where payments of 58 and 6.8 BTC went from there and why.

I would have thought that the MSD issues prevent ken from moving money around between shell accounts. From the sidelines this looks like scamming at its finest, and the fact that ken has a history of shady companies and con tactics just cements that opinion

[LorenzoMoney]

You are asking good questions which have been answered many times on here.

Here is my answer (again):

Chances are, you will not get any of your money back. Ken Slaughter is a liar and a theif and he and his lawyer will be clever about preventing Ken from returning anything.

My opinion is that the State of Missouri should demand that Ken Slaughter sell ALL the assets of ActM/VMC and then distribute all the assets including mined bitcoin to all the shareholders according to the number of shares they own.

That is compensation should be made in bitcoin.

Then, the state should fine Ken Slaughter for $200,000 and the money to pay that fine should be taken from Ken's personal assets and not ActM/VMC.


The only way that we have a chance to get anything back is if you contact the investigators whose contact information has been supplied on this list many times, and contact the lawyer who is acting against Ken.

I also am going to contact Ken's lawyer and talk to him.


The more people who give information to the investigator, the beetr chances that they will be able to pressure Ken into doing the right thing.

can somebody please descripe the probably best approach to try get back a part of our money. thanks.

should we contact a lawyer? or the investigators?

[drawingthesun]

All of the Bitcoins in the Mining Address ( https://blockchain.info/address/1DJpsvnM7xTnQbWEhLYyCyfxQyxwupEzCa ) have been sent to  https://blockchain.info/address/16yTynjmSe5bsRGykDaaCL5bm2pxiEfcqP

Possible refunds being given?

I was wondering how long until he finally moved the coins, probably into his own retirement fund.

End of the scam guys. I hope some of you are rich enough to take Ken to prison for life.

[thefunkybits]

so it moved to an actm account, but no explanation for where payments of 58 and 6.8 BTC went from there and why.

Looks like a payment for more equpiment, 1JKi and 1KS have been sent payment multiple times in conjuction with new mining gear.

This is a smart move, big sigh of relief when i realized this

[knybe]

so it moved to an actm account, but no explanation for where payments of 58 and 6.8 BTC went from there and why.

Looks like a payment for more equpiment, 1JKi and 1KS have been sent payment multiple times in conjuction with new mining gear.

This is a smart move, big sigh of relief when i realized this

Can't tell if you're being sarcastic. Explain?

[Bargraphics]

so it moved to an actm account, but no explanation for where payments of 58 and 6.8 BTC went from there and why.

Looks like a payment for more equpiment, 1JKi and 1KS have been sent payment multiple times in conjuction with new mining gear.

This is a smart move, big sigh of relief when i realized this

Can't tell if you're being sarcastic. Explain?

[thefunkybits]

I'd rather see coins be used for more assets than for refunds. By buying cards with BTC and re-selling them for fiat we can get more $$ per BTC than selling for fiat at this time. Fiat from the last run of cards has hopefully gone to refunds and as Ken has already told us he will be using funds from the mining address to fund operations.

Its amazing to me that there was a full page of wrong conclusions and accusations being drawn (Ken stealing coins). It took me 2 minutes to come to the realization that these are most likely hardware purchases.

[kokoarm]

Its amazing to me that there was a full page of wrong conclusions and accusations being drawn (Ken stealing coins). It took me 2 minutes to come to the realization that these are most likely hardware purchases.

Are you serious? After being told by the MSD that he will need to reimburse investors, pay a near 100k fine, and refund millions in pre-orders (presumably told by MSD to do that) he is going to take this moment to spend the last coins and buy more hardware? The guy has had 12 months to buy hardware. Buying hardware now gets him no-where except into debt and unable to pay the fines. Ken couldn't update a website to sell 300 cards sitting on shelves so what makes you think he would buy hardware now and be capable of turning it round for a profit? He couldn't do that with in-stock cards! He said this money would be used to pay reimbursement and fines what was left to pay for operations (aka paying his lawyers with our money to defend himself from our lawsuits). Most likely not hardware.  

[Jasun7211]

Ken stealing Bitcoin huh.  It still amazes me how so many investors got this far into bitcoin, and still don' understand the blockchain. Lots a  Overactive Amygdala Syndrome - Hyper Intensity Type  (OASHIT)

[kokoarm]

still don' understand the blockchain.

Yeah everything's fine so long as we know the multiple wallet addresses where all the IPO and pre-order coins have been dispersed.

So, do you know how many wallets he has and their addresses? When you find out let us all know. Thanks.

'still don' understand how fraudsters operate.'

[Jasun7211]

still don' understand the blockchain.

Yeah everything's fine so long as we know the multiple wallet addresses where all the IPO and pre-order coins have been dispersed.

So, do you know how many wallets he has and their addresses? When you find out let us all know. Thanks.

'still don' understand how fraudsters operate.'

Taint analysis

[kokoarm]

Taint analysis

If he took (as he says) 5Mill in USD for pre-orders and turned 1 Mill of that to BTC under a fictitious name on an exchange do you really think taint analysis will find it? You need an address to start with. There is no analysis to do we just need the wallet address. So what is the address Ken sent the fresh coins he bought on an exchange to?? We will never know - unless his books are examined in court.

He will also have paid himself hundreds of k in wages - that's his now. And he likely just laundered USD as he will know exactly how to do that via a companys expenses/outgoings. Who says any of the stolen money is in BTC anyway?