Post
Topic
Board Securities
Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated]
by
Entropy-uc
on 04/02/2014, 22:19:35 UTC




You made the point that Ukyo could declare bankruptcy.  This is why we have to have a fire sale at this time.  Should Ukyo declare bankruptcy, the court would put a stay on selling any of his assets, and Active Mining would be stuck until the court confirmed that our lien on the shares comes before other debtors.  
So, this is the reason for putting up the shares at this time ahead of other shareholders being allowed to trade.

What ken is saying is "this is why we couldn't wait to list these shares"
What ken isn't saying is "we are purposely holding back everyone elses ability to trade so we can sell ukyo's shares"

I am sure you would like to believe this.  And of course intent is impossible to be certain of in any case.

But actions speak very clearly.  And the action here is dumping shares while continuing to not allow anyone else to trade.