[23:13:11]  <chairforce1>	 Ukyo how many shares do u have?
[23:13:21]  <chairforce1>	 also, why do u want to sell
[23:13:26]  <chairforce1>	 and what do u think of ken??
[23:13:55] 	 Pad ([email protected]) left IRC. (Quit: Colloquy for iPad - http://colloquy.mobi)
[23:14:16]  <chairforce1>	 you have had more interactions that were most likely more personal than me
[23:14:23]  <chairforce1>	 so im interested
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[23:15:46]  <WildFire_ca>	 He owes ActM money about 80k    his shares are being held until he makes a deal with NeoB to pay it back.
[23:16:00]  <WildFire_ca>	 HEs not doing shit with them
[23:16:19]  <Ukyo>	 heh
[23:16:35]  <Ukyo>	 if that were the case, it would cause a lot of trouble
[23:16:40]  <WildFire_ca>	 (: sry bro I like you. but thats the way it is
[23:16:54]  <Ukyo>	 for example, if I said I was selling off the share at a reasonable price, and all funds would be distributed to weexchange fund holders
[23:17:14]  <Ukyo>	 i dont think those weexchange users would like being told that they cant have their funds and ken gets his back first.
[23:17:37]  <WildFire_ca>	 I feel you have your shit sorted with NeoB so it will get worked out
[23:17:46]  <Ukyo>	 unfortunately, whatever the case is, ken does not have the right to withold shares from people based on his personal situation
[23:18:57]  <Ukyo>	 It would greatly suck if a lawsuit had to be filed aginst ActiveMining costing the company shares for withholding equity that may need to be liquidated.
[23:19:16]  <Ukyo>	 costing the company * for shares beign withheld
[23:19:17]  <Ukyo>	 even
[23:19:25]  <Ukyo>	 and a lot of bad press too
[23:19:49]  <Ukyo>	 at this point, ActM doesnt appear to be "anything"
[23:20:03]  <Ukyo>	 every date has been missed, no explanation, and nothing moving forward.
[23:20:16]  <Ukyo>	 0 progress.
[23:20:34]  <WildFire_ca>	 If we have money held up in BF we are able to hold you responsible
[23:20:48]  <Ukyo>	 Thats the amusing part isnt it
[23:21:04]  <Ukyo>	 a. why would ActM have btc sitting around in bf/weex
[23:21:21]  <Ukyo>	 esp in the amounts ken is suggesting
[23:21:38]  <Ukyo>	 b. are they his personal funds or do they belong to actm?
[23:21:56]  <Ukyo>	 Ken is well known for not giving out details. :)
[23:22:03]  <WildFire_ca>	 are you not making some deal with neoB?
[23:22:18]  <Ukyo>	 What I am doing with NeoB has nothing to do with tihs situation
[23:22:24]  <Ukyo>	 These are my presonal shares.
[23:23:17]  <toastee>	 so you're saying ken is completely fabricating this 100BTC thing
[23:23:20]  <WildFire_ca>	 I understand but IF I had 80k of your money held up I would expect you to grab it any way you could.
[23:23:48]  <Ukyo>	 Share I bought a very long time ago with my own btc and in consideration of selling them to make some ammends on a faster pace to weex users. If ken has 100btc stuck, he will get his portion of the equity.
[23:23:58]  <Ukyo>	 WildFire_ca: we could go through a legal route
[23:24:33]  <Ukyo>	 the judge will tell Ken to get in line with everyone else owed money from weexchange and ask yes or no, are those shares mine. if yes, give them to me for liquidation
[23:24:36]  <Ukyo>	 end of story.
[23:24:51]  <Ukyo>	 but if it goes to that route, then its costing ActM out of pocket for legal defense
[23:26:01]  <Ukyo>	 or I could say f* it, file bankruptsy, then give a list of held assets the judge, let a court appointed person handle those assets and do what I am doing, with a limit on what will be paid out to people being what assets currently exist
[23:26:16]  <WildFire_ca>	 I think you have a way out and its via NeoB
[23:26:18]  <Ukyo>	 leaving no possiblity or requirement for any future payouts should it be available
[23:26:40]  <Ukyo>	 WildFire_ca: Whatever you may think, it probbaly is not correct.
[23:26:46]  <Ukyo>	 Yes, I am working with NeoB.
[23:26:52]  <WildFire_ca>	 you have a produt they want
[23:26:52]  <Ukyo>	 in some ways
[23:27:07]  <Ukyo>	 i can not continue to dsicuss NeoB.
[23:27:10]  <Ukyo>	 But I can say, that in the mean time
[23:27:16]  <WildFire_ca>	 I understand
[23:27:19]  <Ukyo>	 it is my duty to make weex users whole to the best that i can.
[23:27:31]  <Ukyo>	 Ken can not withhold shares over a personal grudge.
[23:27:39]  <kill-9all>	 so because you don't have the actual BTC that was in weexchange when Bitfunder was shutdown the exchange where ActiveMining was trading you are now going to sue active mining to force the liquidation of the shares you hold which is difficult because you shut down the exchange they were trading on all because you don't have the actual BTC that was supposed to be in weexechange?
[23:27:39]  <WildFire_ca>	 I think you will figure this out bro
[23:27:46]  <WildFire_ca>	 I have faith
[23:28:05]  <Ukyo>	 kill-9all: I am told Ken is listing on crypto-trade?
[23:28:11]  <Ukyo>	 if anything they can be sold en auction
[23:28:23]  <kill-9all>	 some day in the future, its just sorta a funny situation
[23:28:33]  <Ukyo>	 everythign abotu ActM is a "funny situation"
[23:28:42]  <Ukyo>	 what happened to the Oct/Nov release?
[23:28:48]  <Ukyo>	 its been 30~60~.. 90 ? days
[23:29:15]  <Ukyo>	 The only information uut of ActM has been about WeEx and some 100 bitcoins. what about everoyne elses thousands of bitcoins?
[23:29:23]  <kill-9all>	 I have no idea but to blame Ken for not having the shares tradable on an exchange because you shut down the exchange they were on is ridiculous.
[23:29:51]  <kill-9all>	 The rest I agree with he has missed deadlines, and its getting to the point where if there is nothing in Jan then its done
[23:29:55]  <Ukyo>	 I gave notice of shut down 75 days ago
[23:29:58]  <Ukyo>	 and he has not relisted
[23:30:05]  <Ukyo>	 I guess thats not enough time
[23:30:24]  <kill-9all>	 For Ken apparently not
[23:31:12]  <kill-9all>	 I thought we would have been trading the shares a while ago but something happened
[23:31:18]  <Ukyo>	 Again, by Ken witholding shares, he is witholding potential payout funds from all weex users.
[23:32:14]  <Ukyo>	 a company, no matter the reason, is not allowed ot withhold shares.
[23:32:14]  <Ukyo>	 if they have a dispute, they need to handle it legally.
[23:32:14]  <kill-9all>	 Which doesn't make any sense because the funds in weex should have been in weex not in bitcoin securities so I don't see how he is directly liable for that.
[23:32:22]  <Ukyo>	 Except the fudns in weex were not in bitcoin securities
[23:32:43]  <Ukyo>	 My personal btc was in bitcoin securities
[23:32:43]  <Ukyo>	 and i hesitatate to call them securities int he first palce
[23:32:44]  <kill-9all>	 well whatever they are
[23:32:46]  <Ukyo>	 You are making wild assumptions at this point.
[23:32:53]  <Ukyo>	 There are not thousands of bitcoins worth of assets.
[23:33:06]  <Ukyo>	 otherwise they would have been traded off and all debts covered
[23:33:12]  <Ukyo>	 leaving only a fraction of what ActM would be holding
[23:33:22]  <Ukyo>	 So I am sorry to say that is not the case.
[23:33:43]  <Ukyo>	 I have plenty of BTC I have made over the last few years.
[23:33:56]  <Ukyo>	 That easily covers any and all investments I have made.
[23:34:11]  <Ukyo>	 I bought crap tons of AM when it was 0.6btc, sold tons at 4btc+
[23:34:37]  <Ukyo>	 at once poitn I held nearly 1500~2000 shares before it got to 1.6btc
[23:35:08]  <kill-9all>	 you are claiming that by ken holding your shares ActiveMining in preventing payout to weexchange users, if that is true then that means weexchange funds are tied up in activemining or that weexchange was not fully funded. What other explanation can there be?
[23:35:09]  <Ukyo>	 So to be clear, I never needed to "take" or "borrow" other peoples funds.
[23:35:19]  <Ukyo>	 No
[23:35:23]  <Ukyo>	 I am claiming what I have been claiming
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[23:35:30]  <Ukyo>	 WeExchange funds are not currently available
[23:35:47]  <Ukyo>	 I am doing everything within my power to help make things right in the mean time.
[23:36:15]  <Ukyo>	 And to get another step closer to getting everyone covered.
[23:36:19]  <WildFire_ca>	 I think you will make things right
[23:36:38]  <Ukyo>	 This is no different than WildFire_ca's suggestion that I was selling something to NeoB to cover the funds.
[23:37:42]  <Ukyo>	 and again, no, I did not cash out thousands of peoples bitcoins.
[23:37:47]  <kill-9all>	 I guess im just missing something here. I don't see where the WeExchange funds are if they are not available, were they stolen?
[23:38:00]  <Ukyo>	 again, then are "unavailable"
[23:38:09]  <Ukyo>	 Unfortuantely I can't make it any clearer than that at this point
[23:38:19]  <Ukyo>	 This has been a dead horse that has been beaten to dust.
[23:38:30]  <Ukyo>	 The fact is, they are simply not available.
[23:38:42]  <kill-9all>	 which is really unfortunate since we can only guess at the possible reasons why
[23:38:43]  <Ukyo>	 And that I am doing everything possible to make up for that.
[23:38:48]  <kill-9all>	 and we wont get anywhere
[23:38:54]  <Ukyo>	 the reason why
[23:38:56]  <Ukyo>	 wont change anything.
[23:39:02]  <Ukyo>	 I did not spend peoples funds, or take it.
[23:39:14]  <Ukyo>	 So no matter what the reason is, it changes nothing.
[23:39:32]  <Ukyo>	 It does not make the btc appear
[23:39:57]  <kill-9all>	 It could change the whole bitcoin landscape depending on what happened. Thats great to hear but honesly its worse that it isn't something as simple as you taking the funds.
[23:40:01]  <kill-9all>	 honestly*
[23:40:08]  <kill-9all>	 sorry for the accusation earlier
[23:40:24]  <Ukyo>	 Accusations are expected and understood.
[23:40:29]  <Ukyo>	 You dont have to be sorry for that
[23:40:33]  <Ukyo>	 I am just telling you what I can
[23:40:38]  <Ukyo>	 And what I am trying to do, to make it right.
[23:40:51]  <Ukyo>	 It's no secret I hold ActM shares.
[23:40:54]  <kill-9all>	 So your trying to use the actM shares to pay back the weex then
[23:41:02]  <Ukyo>	 And I make no secret that I would not mind liquidating them to pay the debts due.
[23:41:07]  <kill-9all>	 but were not tradable which sucks
[23:41:10]  <Ukyo>	 In the mean time.
[23:41:59]  <Ukyo>	 And I find it strange that ken has so much time to deal with this, when he's already missed every deadline and has given nothing.
[23:43:15]  <kill-9all>	 there was mention of a legal issue with crypto trade then no mention of anything last wednesday. We better get an update on crypto trade on wednesday or something is up.
[23:43:42]  <kill-9all>	 I think he announced it end of nov and we haven't traded there all month