Post
Topic
Board Securities
Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated]
by
iamnot_
on 06/12/2013, 23:37:13 UTC
Good grief, this thread (and tbh, this entire forum) makes it impossible to find actual updates. Maybe someone should start a self moderated thread? Oh wait.

Seriously though. It's getting outrageous having to wade through the 60,000 posts of irrelevant bullshit to get to any sort of substantial posts.

At some point you guys are going to have to accept that if you want useful information you should just check Ken's post history. Until this point, feel free to look at this thread for updates. Though it is a "Discussion" Thread and you will be sorely disappointed like always. There just really isn't any meaningful discussion today it seems.

I keep checking for concrete evidence.  A picture of a QFN reflow/soldering station, something, anything..

Is this standard equipment that any "Engineering Firm" would possess, which you could recognize at a glance, and which would verify that Ken possesses the physical tools needed to turn eASIC chips into something we can use for VMC/AMC purposes? If Ken can get a picture of these things without revealing the identity of the Engineering Firm (which it seems he does not want to reveal), we should press him on it. On the other hand, perhaps there is something else -- some other tool or physical component of this operation -- that we could agree upon which would satisfy shareholders. I have not had any problems with Ken's approach until the Intelihash thing. This is just something that I cannot verify for myself or understand in a straightforward manner and right now we lack a VBS to communicate the more technical end of things. We have reached the point where Ken is not performing the due diligence required to maintain trust.

This pic was plenty convincing for everyone here 'till now, what changed?

(Follow this link for extra lolz.)

http://s27.postimg.org/4o7wsnjxf/Capture.jpg


Honestly, crumbs, I'm not sure. At the time Ken was communicating with us a bit more frequently, we had proof of incoming chips, proof of a well-chosen facility to house our equipment, and a VBS able to speak confidently on the technical details and the feasibility of the operation given what we knew and the information we had access to. The eASIC press release scored major points with a lot of us. However, now we know the chips are late and it does not appear that any of us are able to piece together the Intelihash thing. It makes sense strategically for Ken to mums the word on the details, however it could also be a stall tactic allowing Ken some kind of exit. We are about to be on a new exchange and I don't want to see Ken selling off a bunch of his shares before giving us bad news.

[EDIT] I should clarify that I don't have any problems with Ken personally and am not raising the alarm on this being a scam (it makes more financial sense from Ken's perspective to legitimately see this through), but honestly that doesn't really matter. Scams can be invest-able too if you have a way to exit. We are in an interim period where, without a trading platform, we are not able act in any capacity and so the blind spots we have have become much more important.