What has Ken Slaughter been doing for the last six months?
Why are there no chips and working mining rigs already functioning?
What has Ken Slaughter done with the money, both US dollars and Bitcoin which he has accumulated from the sale of stock shares.
Has Ken Slaughter and family been using Active Mining moneys for daily living expenses?
What salary has Ken Slaughter and family been taking from Active Mining funds?
Because the CEO of Active Mining does not provide hard data, we, his many shareholders, have no idea what is actually happening with the company which we ostensibly own.
At some point, something will happen which will limit all this.
That is either production of mining hardware,
or running out of money
or discovering that it is impossible given the remaining funds and resources to produce working hardware
If Active Mining runs out of money, its CEO will probably panic. He will need to pay his expenses and so he will try to find another Bitcoin or technology company. That will involve another attempt at getting money from others.
If Active Mining runs out of money, its CEO will probably panic, will have nightmares of shareholders coming after him, of the SEC coming after him, of his reputation being tarnished forever on the Internet, and of a host of angry individual who seek justice, both financial and emotional.
The CEO will suppose that having been incorporated in Belize will somehow protect him, but the bottom line will be that all the money will be lost.
Another possibility will be that hardware will be produced but with too little hashing power to be profitable. That would not be such a bad eventuality since at least it would show that Ken Slaughter had completed and accomplished something. In addition, someone would buy the hardware and there would be some mining. Some of the .0025 could be paid out, and at least it would show some serious effort of the part of the CEO. After all, in a hard engineering class, getting a grade of B is better than getting an F, even if it is not an A.
What does this all mean?