Announcements will officially be overdue on Sunday. Just a little more patience, and I'd say we have reason for concern if Sunday/Monday comes without word.

Willing to buy 20k at .0001

He said that he would make an announcement in November.  He also said that he would release financials on Nov 30th.  I'm going to assume he's making that announcement on the 30th as well.  Can we at least wait until Sunday before acting like clingy girlfriends here?

Either way, can we just let cooler heads prevail and chalk this up to someone attempting something he found humourous (which wasn't really all that funny) and just leave it at that? I highly doubt he expected to actually generate revenue from the stunt, and he's well aware that it takes 5 seconds to ban him from the thread altogether.

How about we ALL just give this shit a rest and focus on something more constructive.

lol! or, you know, there's that ignore button that's free to use.

Exactly.  I'd say a rise has more merit than a fall next week, too.  After the US senate hearings (which are quite positive by the way), investors will be more at ease to step in, and those who may have heard of Bitcoin but haven't done any research may now start to invest as well.  Give it a week for that new money to pass through the system into a position where Bitcoin can be purchased, and boom!

If I had to take a guess, it's because we're not to be given any information on the prototypes at this time, therefore even having them hashing on a known address would be giving away too much info.

oh I agree. I just noticed that there were no buy offers on the table, so I threw one up, even if the odds of it getting filled are next to nothing.

Well if that's the case, I'll put out an offer that if you have 50k or less shares in ActM and want to sell the lot, I'll buy them for a price of .00006 btc / share.

So 1btc = 16.666k shares.  That's a 100% markup on the current hashrate value.

(Edited to reflect drawingthesun's revised number)

To clarify: suspended until a new method of exchange is worked out, at which point all accumulated dividends will be distributed accordingly.

I agree with this. Although Ken may be tight-lipped on his operations and stage of development, he has always been out in the open and accessible. Comparing him to a (practically confirmed) scam is offensive.

Regardless of your opinion on how he is running his operation, I think we can all agree that it's not a scam.

Step-By-Step Guide to Tendering Shares to ActiveMining

So I figured I'd do this for those who have absolutely no idea.  I realize that most of us DO know what we're doing, but there's no point in having people left behind because they're too afraid to ask.

I use bitcoin-qt for my Bitcoin dealings. I don't have much trust in the online wallets at this point, so I'll provide steps based on what I know.  If you would prefer to use another wallet, do your research and don't be afraid to ask questions to determine if it is right for you.  For example, make sure you can sign messages from whatever client you intend to use.

Part 1.  Bitcoin-qt

1. Google for and install the official bitcoin-qt client on your computer.  In fact, just to save you some time, go here: http://bitcoin.org/en/download

2. Once the software is installed, run it.  It will create a local wallet.dat file for you among other things.  This wallet.dat file is what stores your bitcoin addresses, balances, etc.  Never lose this file.  This is important.  You lose the file you lose your Scrooge McDuck riches.  Simple as that.  Also note that the client will start to download the entire blockchain.  It weighs in at 10+ gigs right now. If you have a terribly sucky low-bandwidth cap service from your ISP, just bear in mind that this could up your numbers.

3. First and foremost. SECURE YOUR WALLET!  Here's how...

     - Under the "Settings" menu item, click "Encrypt Wallet"
     

     - Enter a passphrase.  This is possibly the most important password you'll ever enter. Please ensure it's STRONG.  10+ characters, random letters numbers and symbols. add caps.  For example:  "yT658!{93%$#uyhgjKIyshI"  ... Write this down somewhere and keep it safe!

4. Go to the "Receive" tab.
     

5. Click on "New Address" at the bottom-left


6. Enter an appropriate name for this address so you know what it represents.  When you click Ok, a new address will be generated for this account.


7. You should now see the account you created with it's address in the grid. Congrats.



Part 2.  BitFunder

1. Log in to BitFunder.com

2. Go to "Settings" in the upper-right hand corner.


3. Under "Public Bitcoin Address" on the right side, copy and paste the newly created address from bitcoin-qt into the new address field.  Double-check to ensure you're copying the right address!


4. After saving the public address, click on the "Transfer" menu item on the left-hand menu.


5. Enter the appropriate information on the transfer screen. make sure to enter ALL shares you own of ActiveMining into the "Share Amount" field.  no use in keeping any of them around BitFunder now.  Oh, I already tendered mine, so sorry for the sloppy paint job. Worth a chuckle at least, right?

NOTE: make sure you get the user name correct!  It's "AMC-TENDER". No spaces!


6. Once you click the "Transfer!" button, that's it that's all.  make sure you get your info right before you click.  If your palms are sweating, good!

7. Click on the "Transactions" menu item. You'll see the latest transaction history menu item reads "Send Transfer To: AMC-TENDER" along with the number of shares you transfered.  TAKE A SCREENSHOT OF THIS PAGE AND SAVE IT!  The entire browser window.  ALL of it. Include the blue bar at the top too with your username.  This will be helpful in case there are complications in the future.


Well that's it.  Message signing was already covered, and we don't really have official word on what to do yet from Ken, so just complete this guide and hang tight for more info when it's time.

Hopefully this helped a few of you anyway.  If I missed something, let me know.

Ok folks. Hold your horses.  I'm not going to be home until late tonight, but when I do get home I'll make a nice big post with screenshots etc going through the process step-by-step. I'll use bitcoin-qt since that's what I'm familiar with.  

That'll give everyone plenty of time to get this taken care of before the deadline.

Perhaps, perhaps not.

The documentation was for WeExchange (which funneled down to butFunder). I believe that will remain.

Not saying there isn't a possibility for ID theft etc, but it may still be kosher.

Ukyo's issues stem from SEC complications, to which WeExchange is outside their scope.  FinCEN, on the other hand...

I worry that even if ActM is able to list on Havelock, it would only be a matter of time before Ken has to go through the juggling act yet again.

Direct shares may be the only sustainable action until a colored coin system is implemented.

Currently, yes.  However, if they are truly "fully licensed" as they say, it will likely bring the investors in, creating liquidity.  Worth keeping an eye on, at least.

I would like some clarification on this as well please. Non-US resident, account verification processing now.

1. Do we have the option of keeping shares on BF at all?
2. If so, and we choose to stay on BF, will dividends still be paid to our public address or through BF?

Hey Ken,

For those of us who aren't in the US and are currently waiting on verification to complete on WeExchange, is it ok to keep our funds on BF? Will dividends still be paid out for us once verified, or is there really no other option except sending our shares to AMC-TENDER?

Oh come now.  I only pop up once every 20 pages, I say something that is heads and tails more polite than the rest of you do to crumbs, and *I* get the don't feed the trolls speech?