Post
Topic
Board Securities
Re: [AMC]-The Official Active Mining Cooperative Discussion
by
lolstate
on 05/07/2013, 21:43:48 UTC
PM can stand for Post Meridiem and it can also stand for Prime Minister. 

It is actually AMC (us) and AM (them) or am I mistaken?


This is why we should just call ourselves one name. We are AMC (Cooperative). Within AMC there is a division called ActiveMining (AM). Right now the AMC shareholders are investors for Active Mining Cooperative. Once this new offering is accepted by majority of the shareholders we will be able to swap the AMC (Cooperative) shares for AMC (Corporation) incorporated in Belize. We will become 40% shareholders in the AMC (Corporation) venture. I hope this clears up any confusion.

How about we go with the names for the company/departments/divisions in the new prospectus, but we all agree to informally refer to the complete 'entity' as... what? 'AM'? 'Active Mining'?, 'Ken's Club'?. We can really chose what we want, it then becomes convention, the understanding being the internal structure of this entity is a bit more nuanced, just like it is with many other companies.