What the bloody hell is happening to this company?
How can the price crash this badly, oh my god.
If two competing companies, namely Cointerra and HASHFAST can sell $17,000,000 worth of pre-orders between them then there is no excuse for us having not sold half that ammunt.
So, if this is true (and should be) and Ken is saying that we have sold 8 X the ammount on pre-orders that we have spent on advertising that means Active Mining have spent $1,062,500 on advertising.
I'd suggest that the actual figure for ActM advertising spend is significantly lower than $1,062,500 and this means that we are significantly behind our competitiors in terms of pre-orders.
I'm not going to go into reasons why this is the case, but the much discussed web-site issues may be a good place to start.
I want for someone to explain to me why on Earth anyone would invest in this company right now. Because the way I see it the foundations are crumbling around us.
Get it sorted!
http://thegenesisblock.com/cointerra-and-hashfast-sell-17m-of-bitcoin-miners-open-second-batch-sales/I think a few people got Rich..
This is why I have backed off investing for now.. If you take a look this is a pattern with most stocks out there.. Hate to say it but until this thing is regulated somehow, I believe it is one BIG RIP OFF investing in anything on Bitfunder or that other site.. I am glad I sold all my holdings(And at the right time)