Post
Topic
Board Securities
Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated]
by
JoTheKhan
on 06/02/2014, 22:01:41 UTC
From ACTM details on CT.

320600 / 25000000 Outstanding

How many shares did Ukyo own?
Has Ken been selling some of his on the sly?
Those are all the shares ActM issued - 15000000 won't have dividends till 0.0025 dividends reached on the other 10000000. This is just the CT presetting in order to have all of our shares transferred.

Ukyo had 2XX,XXX shares. So where did the extra 100,000 Shares come from is the question. Not the 25,000,000 that are listed.
Maybe Ukyo had 320600 or even more. The second possibility is Ken testing the transfer system. The third possibility is Ken start trading with his own shares, but I don't think he can get away with it, so if he don't have a good explanation the big holders will file a case immediately. There are just 124605 in sell orders, so no one still trading with those.

Ken has no right to trade Ukyo's shares or his private shares before anyone else. He has benefitted from not having anyone else able to sell shares to reap the highest profit possible. This has to be extremely illegal and when or if this company eventually crashes and burns this alone can cause Ken to see jail time.

I am not saying these extra shares are Ken's shares. But if they are it is definitely not a good idea for him to continue selling them without allowing everyone else access to their shares.

Whatever you are possibly doing Ken it does not matter, you should put it on hold for 1-2 Hours a day and manually transfer people's shares everyday.It seems that whatever automated process you planned to introduce is taking up too much time and a manual process is the way tot go now. This is the best course of action right now and is definitely the most important thing you should worry about.

PS: I think we should stick with 28nm as said before unless going for 20nm is a sure as hell, no way to fail process. If whatever engineer says, "Oh there is a 5% chance that this will not work out." or "It will cost $$$ more" or "You will have to wait a little longer for the finished product". That 5% is too high, that price point is too high, and that date is a little to late and we should go with 28nm.