Post
Topic
Board Securities
Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It
by
empoweoqwj
on 11/11/2013, 09:34:17 UTC
I think the sale was a lure to get ppl to go to HL. just like it tries to mislead you into thinking the passthrough share is an actual share: https://www.havelockinvestments.com/fund.php?symbol=AM1

Quote
ASICMINER Full Shares (AM1)
Shares
Each 1 share of AM1 represents 1 share of ASICMINER maintained and verified by either Friedcat or any exchange ASICMINER is traded on, and has rights to all of the dividends of a whole ASICMINER share.

So let me get this straight, it's a full share but not a whole share?
THIS is why I don't like HL. They should just try to be clear - the share they sell you isn't an actual asicminer share but a PassThrough share. I don't like how they are trying to be the "official" version of where things should be traded.
Additionally, I'd say a few dubious accounts have been glorifying Havelock a little too much on this thread and others - or at least that is my gut check, just like how people buy positive reviews in the App store when releasing an App... I understand how some of those things can happen, I'd be more open to it if there wasn't such an obvious "bending the truth" halo around everything: "the Full Share", the (too) many folks trying to get you to join, the "Official" status from being acquired by a south american entity (making it secure?)...

On the other hand, there aren't that many options available, and nothing terrible has yet to happen.
So true. I don't know why people have such difficulty understanding the concept. You can exchange these PT-shares for "real" (if you want to call them that) AM shares any time. Its really very easy a 1st-grader could do it. How can it be a "full share" but not a "whole share?"  Huh