Kenslaughter of ActiveMining is selling Ukyo's shares for 0.0005 each to regain his 100 btc lost in weexchange.
Just to clarify - Ken is regaining ACtM monies not his personal BTC. The 106BTC has been taken off our balance sheet, this is and always has been
company money.
Currently the market is deciding the price of these shares. There is nothing else to be done. Every ACtM shareholder would like these shares to go all the way to refund everyone but it's just not happening. The open market is deciding how much they want these shares and so far demand at this price has been low-moderate. These shares were sold to Ukyo and they have now been seized by their issuer to recover losses under lien. It's legal and for ACtM and it's hundreds of investors it's the only option we have to get our vital money back. These funds are important for our bottom line, we may come to need them in Q2 with our chip runs begining in February.
I lost 1.7BTC on WeEx and I would be pissed too if that was all my money. But ACtM simply need to act in their own best interest. Any responsible company thinking about its shareholders would do the same. This is business.
My only advice is to buy some of these shares at 0.0005. There is a shareholder guarantee of 0.0025 per share and you are guaranteed a 4x return over a max 9months (my estimate).