Post
Topic
Board Securities
Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated]
by
SoylentCreek
on 07/02/2014, 17:06:00 UTC

For example:

Quote
We are also thinking about going to a 20nm custom chip and skipping the 28nm, if we can get it produced fast enough.

would have translated into something like

Quote
We are announcing today that ActiveMining is entering into the early stages of development of a 20nm chip.  While we have no specifics at this time as to when we can expect this chip to enter into the market, we want to insure our investors that we are constantly looking forward to ActiveMining's position in the Bitcoin Mining race, and we are fully aware that expanding into 20nm technology is an inevitable step that will have to be taken at some point in the future for us to maintain a competitive edge.

This is a good idea. Investors love this kind of marketing bullshit, they will take it over simple matter-of-fact statements from guys who know what they're doing anyday.

Maybe Ken could hire The Swede, he's got experience at this kind of thing.  Sam Noi was an autistic engineering genius just like Ken, with trouble communicating and sticking to promises, but The Swede managed PR for Labcoin for months, with Sam hardly communicating with him at all!

LOL!  Trying to compare LC to ActM.  How FUDy of you.  Let's look at a few things that we have that LC did not.  We have a face, and an identity of the person running the operation.  We have a physical location where this operation is being conducted.  We have people who have spoken to Ken over the phone and in-person. We have an established company, with a genuine reputation (eASIC) publicly stating their working relationship with us.

Basically, if this were a scam, Ken would literally be the stupidest scam artist of all time.  Sure, he may be a little incompetent when it comes to running this business, but that does not equate to scam.  Trust me, I am by no means an ActM cheerleader, and I certainly do not have the highest opinion of Ken at the moment, as my post history will show, but I would need a little more evidence than an anecdotal opinion that this is in fact a scam.