ActiveMining (AM) is a virtual identity totally held by the owner(s) of the Active Mining Corporation. The Active Mining Corporation's business includes cryptocoin mining and sales of self-built ASIC devices through its wholly owned subsidiary Virtual Mining Corporation (VMC).
I don't get it, does it look like this now?
AMC
---^---
| |
AM VMC
AMC owns a 100% VMC, and owns 60% of AM?
Why the confusion? Bitfountain also holds ASICMINER in the same way.
In the example above, AMC (in Belize) owns VMC Delaware (the management owned part) and ActiveMiner (the public owned part). The parent company has to be outside of US, for avoiding legal troubles.
No, bitfountain has shares in asicminer. Just as Joe off the street does.