Ninjastic
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Board Securities
Re: [AMC]-The Official Active Mining Cooperative Discussion
by
auto2nr1
on 05/07/2013, 17:18:27 UTC
Quote from: Vbs on July 05, 2013, 04:59:32 PM
Quote from: auto2nr1 on July 05, 2013, 04:29:39 PM
Quote from: kslaughter on July 05, 2013, 04:05:03 PM

Introduction
ActiveMining (AM) is a virtual identity representing all the profits of the Active Mining Corporation and is totally owned by it. 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).

Currently, it is expected for interested investors to hold 10,000,000 AM shares (40% of the profits), while Active Mining Corporation owner(s) shall hold 15,000,000 AM shares (60% of the profits), for a total of 25,000,000 AM virtual shares that represent 100% of the global profits of the Active Mining Corporation.

Version 3 7/5/13


Just to make sure it is 100% clear. Since the VMC name is still being tossed into the offering is this how the structure looks?

          AMC
|-------^--------|
AM                  VMC           **ACTIVE MINING REPRESENTS A VIRTUAL ID SO THE 40% OF THE SHARES HAVE A NAME & VMC REPRESENTS THE OWNER(S) MANAGEMENT
40%                 60%
10M                 15M

I just want to make sure for myself and for the rest of the community. Thanks.

No man, forget about VMC. Everyone will own AM shares that represent the profits of everything as a whole. VMC is just something that Active Mining Corporation owns 100%, and you as a shareholder will own a part of the profits of Active Mining Corporation with everything included.

Just by having the name VMC in there is throwing me off a bit. I really want to forget about VMC. This is is why we should just refer to the company as one name. I am sure i am not the only one that is annoyed and frustrated by this since we first raised the issue. All these entities and names has made things complicated. So just to re-cap. AMC will have 25m shares and out of those shares 10m will be held by investors (AM shares) and 15m will be held by management. Where does VMC come into play? Where is VMC in this whole mess? We should only be referring to one company which is AMC and ActiveMining which is the called that just purely for to label 40% of AMC. Am i on point here? Once again can someone clarify where VMC is in this structure?