Post
Topic
Board Securities
Re: [AMC]-The Official Active Mining Cooperative Discussion
by
madmalkav
on 05/07/2013, 07:16:56 UTC
I like it. I think that going to one company (in lieu of the subsidiary type arrangement that was proposed) will make the whole process easier for shareholders to see whats happening.

Yes, this way it will be a carbon copy of asicminer, but with the difference that shares can be diluted.

I'm not against Ken, the simpler it is, then everybody can make an informed choice.  The more complicated Ken tries to make it, the more it looks like the scam - until this is fixed, I still smell scam.

Finally, nobody has any idea where the 20BTC a day comes from?  I want to know so that he's not doing a Ponzi.

6 Avalon machines mining and dividens being paid to 40 million shares, not the whole 100 millions shares, as stated repeteadly in this thread and the IPO. So it is more like 10BTC a day, totally makeable at the current network dificulty with that equipment.