Quote from: AcoinL.L.C on August 06, 2014, 01:26:45 PM

Quote from: bitcoin.newsfeed on August 06, 2014, 10:56:47 AM

Quote from: AcoinL.L.C on August 06, 2014, 06:37:54 AM

Quote from: Ozziecoin on August 06, 2014, 03:00:19 AM

Quote from: dhenson on August 06, 2014, 01:23:25 AM

Originally, shares were $1 USD each (.1btc @ $10 USD/btc) so 5000 shares required an investment of $5,000 USD.

Now, shares are ~.25btc @ $580 or $145 each. 5000 shares would cost around $725,000 USD

I would like to propose a new tier of board member. Currently it would seem that board members meet semi-monthly via a text based chat. What if friedcat created a new tier, a view only board member or 'board viewer' that would be open to those share holders with >= 500 shares. This would give some incentive for larger holders to hodl and would give smaller holders incentive to buy.

If the existing board members were amiable there could even be a side-channel chat where the viewers could pose questions to the board members with 'speak' and if they like the question, they could pose it to friedcat.

Thoughts?

I like it. But will FC agree? There is no reason for him to agree.

It would be more work, but it would also help maintain value of AM shares, which would benefit him seeing as how he owns ~250,000 shares

I like it too. He should listen his shareholders and boardmembers(!) more, what are they telling him. He doesn't looks like experienced person and steps/decisions from gen1 were simply ... wrong. (Gen2 chip size,Gen3 performance,exchange,lot of promises about better PR,leaving self-mining,stopping production/sales of miners and focusing only on chip sales,very expensive immersion cooling solution and in the end helping the other companies/competitors grow)

After the months of cooperation with almost everybody, and helping everybody with ideas like open-source miners, now, he's shouting : Lets destroy all of them ! The goal is corner all competitors from market ... oh, ok. Show the AM hashrate then. Why is hidden, if you're mining? Something besides talks please, I am tired from talks/promises and plans.

Like in r/BitcoinMarkets we like to use : "Next few weeks are critical"

Next few weeks will see AM price go back down... $170 is not a realistic price for the security, puts a big valuation on a 1 year old business, especially considering the last few months financial performance...

The next few weeks puts us near the end of August, so I hope you are right with your prognostication. Getting even cheaper shares from shareholders weeks away from close to a years worth of work out of AM sounds like Heaven. Sell back down to IPO, I have the coin waiting.