Post
Topic
Board Securities
Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated]
by
Bargraphics
on 29/10/2013, 14:12:10 UTC

We're probably not yet on their radar, but I don't see the SEC as being our friends here. Unless they come up with some new, more relaxed regulations then they are going to suffocate the Bitcoin securities market because of a high cost of compliance.

Yes, we are on there radar, as they have talked to Ukto about us last month.  I sent Ukto our Belize documents so he could send them to the SEC.


No one picks up on this? SEC going not only after exchanges, but asset issuers .
Ken, do you have any insights on your own legal liability? Would the SEC consider it the exchange fault for targeting unsophisticated (US) investors, or yours too?

We are working with our Lawyers on these points, of which one of our lawyers has worked at the SEC.

As November creeps closer,

We need some kind of substantial information.

I understand this has been said before but we are past certain ambiguous deadlines that were imposed.

I imagine all Sales Revenue is going straight into these Lawyers/Engineering/New Trading Platform which will likely leave little for dividends once and if you do begin shipping (Being realistic here guys)

There's no volume right now, you can't possibly spike Shares by providing decent information now.

Estimate timelines cannot be under the NDA you signed this much is true at the very least.