Quote from: TaxReturn on July 05, 2013, 06:44:23 PM

Quote from: kslaughter on July 05, 2013, 05:57:17 PM

Active Mining Corporation (Belize) owns everything and receives all the profits, 100% of which are then paid to the 10 million shares held by Investors until a total of .0025 BTC in dividends are paid to Investors.

I read that as there will be no share swap to another entity anymore, instead everybody just keeps their AMC shares but gets more bang for the buck now. Right?!?

There will still be a swap if you want it. Swap current AMC for the new AM. The new AM will be more valuable, so the obvious course of action is to go ahead and do the swap.

Edit: Note the old 'AMC' was 'Active Mining COOPERATIVE'. The new, proposed 'AMC' is different, it is 'Active Mining CORP'. So, this is one reason why I prefer to think of the new 'Active Mining CORP' as one, big thing (with internal departments) that pays 100% of profits to shareholders. The first 10 million investor shares get the first tranche of dividends until each share has earned 0.0025 BTC. After that, all shares including Ken's 15 million earn dividends equally.