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Topic
Board Securities
Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated]
by
chairforce1
on 14/11/2013, 02:18:56 UTC
so was the big announcement for a november a 1mil sale? I can't remember what's what anymore.

No, he most likely was not able to tell the future when Novermber 15th was originally chosen. In the below quote he seems to be mentioning this sale in real time.

$933,592.80 Sale Today.  Looks like a good sale.

6 24.576 TH/s Fash-Hash One Platinum machines.
_______________________________________________________________________________ ______

Below is the mentioning of the November 15th announcement.

VMC Sales:

3rd Quarter 2013           $1,404,217

October 2013                   $520,898

Total Sales YTD             $1,925,115

Thank you.
Are you going to publish the full picture (balance sheet, CF and PL statements) on 15th, as promised?


Yes, we are working on it.
_______________________________________________________________________________ _____

Below is a short exchange between Ken and me a little while ago, these question could be or could not be answer Friday.

Ken,
I may be repeating old questions that I forgot were answered but:


1) Were sales from previous months converted to BTC or kept in USD?



2) If everything goes well, will the accumulated profits from pre-sales in Sept-Nov be delivered in one large dividend or increments over time?



3) If, whatever likely or unlikely reason, ActM/VMC fails to deliver/mine/accrue profits is there a reserve of cash to attempt to reimburse shareholders for the loss?


Thanks

Very good questions, I will keep these questions and answer them in an announcement.