Post
Topic
Board Securities
Re: What do we really know about AMC?
by
hf
on 30/05/2013, 21:03:56 UTC
Ok, did some research right now :
I found VMC here : https://delecorp.delaware.gov/tin/GINameSearch.jsp enter file number : 5324096

And if you whois virtualminingcorp.com , you'll find "Kenneth Slaughter" and the address of a house somewhere in Springfield, MO, which is consistant with all the press releases[1] starting with "SPRINGFIELD, MO"

[1] tab "news" on https://bitfunder.com/asset/AMC

Does AMC/VMC also have an outpost in San Jose, CA?
Never heard about this.

What percentage of shares are you keeping to yourself and will those shares be entitled to the dividents??
I own 40% of the company, or 40 million shares.  These 40 million shares do not receive dividends until the total dividends paid is .0005 per share and 12 months have elapsed from the date of the IPO May 1, 2013.  I have invested the 6 Avalon's which are paid for.  I am continuing to invest my time and talent developing AMC's IP which will bring the investors a 10% royalty on machines VMC sells with AMC technology.  The dividends are divided between the 40,000,000 issued shares of which 20,000,000 shares are in the growth and expansion fund.  This fund is used to purchase more mining machines from VMC or others.  AMC will receive dividends from unsold shares which will be used to purchase more mining machines, R & D, direct mining expenses, etc.