#ActM Log Mar 02

Session Start: Sun Mar 02 12:22:25 2014
Session Ident: #ActM
03[12:22] * Now talking in #ActM
03[12:22] * Topic is 'ActiveMining || Civil discussion welcome, trolls will be banned || Official announcements thread: http://bit.ly/Md6MzZ'
03[12:22] * Set by toastee!toastee@gateway/shell/elitebnc/x-lyifydygeebxsezw on Wed Feb 12 15:41:57
[12:22] <JimJones> kleeck, lets see the hours, maybe it was 26th feb already in california
[12:22] <@kleeck> There is a difference between being positive about a disaster and being open to an alternative outcome.
[12:22] <JimJones> missuri*
[12:22] <@Bargraphics> at this point I'd be ok with a random shareholder like vince running it
[12:22] <@Bargraphics> :P
[12:22] <JimJones> and 25th still in japan
[12:23] <@VinceSamios> lol random :p
[12:23] <@Bargraphics> i mean come on
[12:23] <@VinceSamios> atleast I have a fucking smidge of business sense
[12:23] <@VinceSamios> unlike ken
[12:23] <@Bargraphics> probably
[12:23] <drawingthesun> Bargraphics, well the 28nm is the only angle for good news if it's certainly not share related. The good news might be the chip is ready in 4 months instead of 6. I wouldn't expect anything else.
[12:23] <jimmyjazz1> he should have been on and told us straight away
[12:23] <jimmyjazz1> we shoudldnt need to wait untill the next weekly update for a bombshell like that
[12:23] <@kleeck> I agree. In my PM I flamed him for letting us find out through some local news outlet.
[12:24] <drawingthesun> VinceSamios, Ken is head of VMC, VMC is not public but ActM is, also Ken holds majority shares.
[12:24] <drawingthesun> VinceSamios, why not offer to be second in command and help Ken out? Are you heavily invested?
[12:24] <zumzero> Yes, totally unacceptable for us to get our information in this way.  Was the article issud before Ken was expecting?  Perhaps his
[12:24] <@kleeck> That is one of my speculations, drawingthesun, that the combination of a lower than expected BTC price, with the Gox coins being lost, AND the timeline for the 28nm being very close to the 55nm roll out lead him to this decision.
[12:25] <@kleeck> I bet Ken's PR firm is furious.
[12:25] <@VinceSamios> drawingthesun all the shareholders have preferencial shares, so it's not quite that simple
[12:25] <Wildfire_ca> ken has a PR firm?
[12:25] <@kleeck> thatsthejoke.jpg
[12:25] <drawingthesun> he has 15 million restricted shares that are full after 0.0025 is paid to the first 10 million, VinceSamios why not ask for 5 million of the 15 for payment if you offer your services and dedicated to the company.
[12:25] <@LorenzoMoney> That is the type of logic which will fuck him over, BTC won't be worth 10K USD this year, if Ken waits for that, he will be sleeping in a cell
[12:25] <@LorenzoMoney> PR firm??
[12:26] <drawingthesun> *decication
[12:26] <drawingthesun> we will not see 10k for long, might be a peak for a few days , 2016 until stable 10k coins
[12:26] <drawingthesun> *dedication
[12:27] <@LorenzoMoney> yes, well, I will accept .0025 for all my shares now.
[12:28] <drawingthesun> LorenzoMoney, I will accept 0.00017 for all my shares at this point, feels like they are really worth 0
[12:28] <Wildfire_ca> I just made the site ActMBuilder  I am buying all shares a 0.00000000007
[12:28] <drawingthesun> these lawyers must be costing a lot too.
[12:29] <JimJones> tomorrow better hope ken calls these guys
[12:29] <JimJones> Telephone number	+81 3-4588-3921
[12:29] <JimJones> Working hours	 Monday to Friday 10am to 5pm (Japan time)
[12:30] <zumzero> Do we know how many coins are lost to Gox?  Did I just read 400?
03[12:30] * Sebastan ([email protected]) has joined #ActM
[12:30] <@kleeck> Yes, you did,.
[12:30] <@VinceSamios> btw if anyone ever wants to skype me I'm vince.samios on skype
[12:30] <JimJones> gonna add you VinceSamios
[12:32] <zumzero> What the f**k is Ken doing with 400 btc of company funds on Gox for anyway?  It's very dodgey but, more even more telling, just shows how capable he is of making bad decisions.
03[12:32] * freshcoin ([email protected]) has joined #ActM
[12:32] <@VinceSamios> I can't get over the mh/s vs gh/s fuckness
[12:32] <@kleeck> It doesn't really make much sense... You can't get your USD out anyways, right?
[12:32] <@VinceSamios> I'm running out of words to express myself... hence "fuckness"
[12:32] <@kleeck> And that's been the case for a long time.
[12:32] <@VinceSamios> kleeck: or a very short time
[12:33] <@VinceSamios> and he was trying to arbitrage cheap coins
[12:33] <jimmyjazz1> so did we waste money on buying the 55 code and now wont go ahead with it.
[12:33] <JimJones> i guess he was using mtgox as a storage
[12:33] <Sebastan> 400btc? thats a lot... though of course he would need usd. but mtgox would be the worst choice for getting fiat. so i dont see what he did with the coins there
[12:33] <Wildfire_ca> There is no fucking way that Ken does not know not to put coins in GOX
[12:33] <drawingthesun> zumzero, about 20%-50% of our money just gone. What is the chance Ken sent it to his own wallet for 'backup' for when we finally fold?
[12:33] <@kleeck> No. We did not waste any money. We bought the design from PA and are building the 28 FCIC off of it.
[12:33] <freshcoin> I just dont understand why you would leave company funds on an exchange
[12:33] <@Bargraphics> Ken had 400 coins in gox to speculate with
[12:34] <@kleeck> ActM coins?!
[12:34] <@Bargraphics> there isn't another explanation
[12:34] <drawingthesun> Bargraphics, but so many better exchanges
[12:34] <@Bargraphics> DTS that's beyond the point
[12:34] <@Bargraphics> there's zero reason to have any coins in any exchange
[12:34] <freshcoin> Shouldnt company funds have been kept in cold storage or something more secure?
[12:34] <@kleeck> ^
[12:34] <drawingthesun> Bargraphics, there is another explanation.
[12:34] <@kleeck> I'd imagine that most of them are.
[12:34] <@Bargraphics> He tried to gamble with company funds
[12:34] <@Bargraphics> That's all
[12:34] <@VinceSamios> He must have been trying to buy cheap coins
[12:35] <@VinceSamios> must have
[12:35] <freshcoin> smh...
[12:35] <@VinceSamios> I bloody knew we'd lost coins when he didn't respond to someones specific question on it.
[12:35] <@Bargraphics> ^
[12:35] <Wildfire_ca> Daytradeing takes up all your time watching for trends.
[12:35] <drawingthesun> This is a good oppertunity to 'lose' 400 coins to yourself. If you know what I mean.
[12:35] <zumzero> The only explanation is that he was indeed doing the unthinkable and gambling with company funds.
[12:35] <freshcoin> I just assumed that the coins were kept in cold storage. I guess I was way wrong
[12:35] <Wildfire_ca> IT's an amazing oppertunity DTS
[12:35] <@kleeck> Honestly, the amount of coin doesn't bother me, it's the fact that, if what we speculate is true, Ken though that this was acceptable behavior.
[12:36] <zumzero> exactly!
[12:36] <drawingthesun> Ken is near retirement, and now Gox folds giving him the only chance to get some coin 'lost' no other way to just lose the coin. Gox would never be able to confirm it ever hitting their servers, Gox is a mess.
[12:37] <zumzero> How is it going to look to people waiting for refunds that the CEO of the company was gambling with company funds.
[12:37] <drawingthesun> If I was in Ken's position, about to lose everything and this oppertunity happened, I would be a liar if I said I would not consider it at all.
[12:37] <Wildfire_ca> If he was daytrading,, you don't do it on GOx due to the low volume
[12:37] <@VinceSamios> dts - but there is soooo much more to gain by actually buying chips
[12:37] <@kleeck> And the fact that you can't get USD out...
[12:37] <Wildfire_ca> even the daytraders were all off off gox
[12:38] <@kleeck> I don't have any reason to believe that Ken was paying himself through the Gox Bankruptcy.
[12:38] <drawingthesun> VinceSamios, we don't know the true financials, we might not have any money left. only 1000 bitcoin to our name, which I think a lot of that was used to buy peoples ASIC
[12:38] <@kleeck> I understand the sentiment, but the most likely is that Ken was trying to grow the company funds by day trading.
[12:38] <@Bargraphics> maybe Ken had USD on gox
[12:38] <@Bargraphics> and bought a ton of coins when it was like $90
[12:39] <jimmyjazz1> ken may have done thi or that bus the bottom line is were fucked.
[12:39] <@Bargraphics> that would only be like ~$40,000
[12:39] <@VinceSamios> I'm hoping that's the reason
[12:39] <drawingthesun> $90 was a long time ago Bargraphics
[12:39] <@Bargraphics> no
[12:39] <@Bargraphics> on gox it was like last week
[12:40] <@VinceSamios> anyway - I want to take over running ActM because I can't stand two of kens qualities - 1) he can't pull the trigger and get shit started, 2) he can't face up to problems
[12:40] <drawingthesun> oh wow you mean the goxbtc?
[12:40] <@Bargraphics> ya
[12:40] <@VinceSamios> ken clearly isn't technically competent (mh/gh WTF!!!!) so no loss there
[12:40] <drawingthesun> It was cheap because you were playing the lottery.
[12:40] <@VinceSamios> fuck it - one of us, if not me one of you, should make a serious bid at taking over
[12:41] <drawingthesun> hmmm $100 bitcoin, only the stupid of the stupids would fall for that trap.
[12:41] <drawingthesun> If he did this then, whoa
[12:41] <@Bargraphics> ^
[12:41] <jimmyjazz1> your taking over someting that is sinking hard. we just wated  money on people asic. the 28 is probably fucked we just dont know about it - we dont even know who is producing it.
[12:41] <drawingthesun> I'd prefer he actually have some intellect and stole the money.
[12:41] <@Bargraphics> The 28 isn't fucked "yet"
[12:41] <@Bargraphics> its continuing
[12:42] <@Bargraphics> deleted like 100 troll posts
[12:42] <@kleeck> Yeah, Ken still has to do some more damage before the 28nm is a lost cause.
[12:42] <@Bargraphics> already today
[12:42] <@Bargraphics> they are going hard lol
[12:42] <@kleeck> What can you expect?
[12:42] <@VinceSamios> the 28nm should be cancelled in favour of the 55nm IMHO
[12:42] <@VinceSamios> it's troll christmas!
[12:43] <@kleeck> You guys think Ken will wait until Wed to address this?
[12:43] <@VinceSamios> no
[12:43] <freshcoin> its kind of funny how he told that reporter before telling us
[12:44] <@VinceSamios> I don't find it particularly funny
[12:44] <@VinceSamios> I find it extremely unprofessional
[12:44] <freshcoin> maybe funny wasn't the right word. How about strange.
[12:45] <jimmyjazz1> .
[12:45] <zumzero> Either the article was published before Ken expected or he didn't have the balls to issue the bad news himself.  I'd suggest it's the latter.
[12:45] <@VinceSamios> zumzero: he's shown a habit of not being able to deliver bad news, at all, ever
[12:46] <jimmyjazz1> hes incompetent and this is a loss. Not long untill the tumbleweed blows over here.
[12:46] <@kleeck> What other examples to we have of him shying away from bad news?
[12:46] <drawingthesun> zumzero, I really should have taken you up on that offer, those neobee shares are worth even more now
[12:46] <drawingthesun> :)
[12:46] <@VinceSamios> kleeck the Nextreme3 stuff
[12:46] <@VinceSamios> the first 28nm cancellation
[12:46] <@kleeck> How did we find out?
[12:46] <@LorenzoMoney> my email is [email protected] you guy figure something out. I have PM'd him and will call him this week. I expect no results. But, if someone else woudl like to organize or persuade by some colelctive effort, I am all in
[12:46] <@VinceSamios> I knew about that a few months before he announced it, and he only announced it in conjunction with "good" news
[12:46] <@VinceSamios> which is also now cancelled
[12:47] <@VinceSamios> LorenzoMoney - suggest someone else take over running the company - if no-one else wants to do it, I'll do it
[12:47] <@VinceSamios> I'm about a billion times more competent than that thick fuck
[12:48] <zumzero> You've got my vote, if I have one.
[12:48] <@LorenzoMoney> actually, I was thinking I run the company, and have you and BG be CTO and COO
[12:48] <@kleeck> We all had a vote. We voted with our coin when we invest in Ken and ActM.
[12:48] <@kleeck> That's what you have.
[12:48] <drawingthesun> VinceSamios, I'd vote for you in a heartbeat, anyone but Ken, even Crumbs could do a better job
[12:48] <@VinceSamios> LorenzoMoney: no arguments from me, but as I said before, I would be CSO (sexy...)
[12:48] <drawingthesun> kleeck, you're depressingly correct.
[12:49] <jimmyjazz1> cant even trade our shares.
[12:49] <jimmyjazz1> DISASTER
[12:49] <@VinceSamios> jimmyjazz1: the market would be completely illiquid for your shares
[12:49] <@LorenzoMoney> At this point, in my conversation with Ken on the phone, I am going to suggest that he commit to honesty and either liquidate the company and distribute the proceeds according to share hodlings or step down and accept the fact that some of us will work together to make sure he ends up in jail and that his assets end up in our hands anyway
[12:49] <jimmyjazz1> atleast i could get 1 btc!!!
[12:49] <Wildfire_ca> The compnay should be run though consensus if we take it over
[12:50] <drawingthesun> yeah lets not kid ourselves, no way we are taking control of this.
[12:50] <@kleeck> No one is taking the company over.
[12:50] <@kleeck> You guys are getting out of control.
[12:50] <@kleeck> Come back to earth.
[12:50] <@LorenzoMoney> no, but it should happen
[12:50] <Wildfire_ca> hes not going to give it up
[12:50] <@LorenzoMoney> earth? do share
[12:50] <Wildfire_ca> he won't even take advice
[12:50] <drawingthesun> Ken needs to show us his thought process for dumping the 55
[12:50] <@kleeck> ^
[12:50] <@kleeck> THAT I agree with.
[12:50] <@LorenzoMoney> Oh I only want to make the threats to put pressure on him......but that is ineffective
[12:50] <Wildfire_ca> I know what it is..
[12:50] <@VinceSamios> kleeck: it's technically possible - ken's shares don't vest until 0.0025 is paid out in dividends.
[12:50] <Wildfire_ca> He thinks in dollars instead of BTC
[12:50] <drawingthesun> jimmyjazz1, 1 bitcoin? not if I dumped my shares first!
[12:51] <drawingthesun> Wildfire_ca, thats too true
[12:51] <jimmyjazz1> he thinks btc will hit 10,000 then cancels because it wont make profit at under $900.
[12:51] <@kleeck> It simply will not happen, VinceSamios, no matter how hard you dream.
[12:51] <jimmyjazz1> hes a moron.
[12:51] <@VinceSamios> jimmyjazz1: he's a moron because he can buy GH cheaper than anyone who isn't making chips... yet thinks they're unprofitable... that's why he's an idiot
[12:51] <@LorenzoMoney> whatever Ken is or isn't, I do not believe that he is able to save the situation. What is our recourse, what can we do?
[12:52] <@kleeck> The best move at this point is to hear Ken's explanation for this series of events.
[12:52] <jimmyjazz1> we wasted money
[12:52] <@LorenzoMoney> Oh, again???? another explanation of why things failed?  How many have there been so far?
[12:52] <@kleeck> jimmyjazz1, I'm going to ask you to contribute something more than "The sky is falling" to this channel.
[12:53] <@VinceSamios> seconded
[12:53] <jimmyjazz1> Kleeck I think you could find the positives of being gang raped - But i will try.
[12:53] <@VinceSamios> hell even my "lets take over this ship" is more productive
[12:53] <@kleeck> I wouldn't suffer anyone cheering "AMAZING COMPANY!" either.
[12:54] <@kleeck> I'm not particularly positive here - I'm just waiting to hear if there is something more to this matter - which I can't know before hearing from Ken.
[12:54] <@VinceSamios> this troll is on an epic run....
[12:55] <JimJones> that guy is not even funny..
[12:55] <@VinceSamios> posting faster than I can delete
[12:55] <JimJones> usually i find trolls funny... but that guy
[12:55] <JimJones> VinceSamios, maybe a actm forum only?
[12:55] <@LorenzoMoney> Well, provides a great deal of Troll Fodder
[12:55] <@VinceSamios> we've talked about this before
[12:56] <@VinceSamios> heh LorenzoMoney I was actually just thinking we should let mr troll go nuts - the cloud out the real problems
[12:56] <@kleeck> I find deleting his posts strangely therapeutic.
[12:56] <JimJones> it would be easy as buying a domain and installing SMF software.. nothing else
[12:56] <zumzero> kleeck is being the voice of reason and I'd have to agree that we need to hear from Ken before entertaining alternatives.
[12:57] <@VinceSamios> zumzero: have you sent ken a PM yet?
[12:57] <@kleeck> After hearing from Ken you may also see some rage from me. But I won't speculate and get myself worked up one way or the other.
[12:57] <zumzero> No.  Think I should?  And say what?
[12:57] <@VinceSamios> zumzero: just reitterate the general sentiment that 55nm is more important
[12:57] <@VinceSamios> which I think we universally agree
[12:58] <zumzero> okay, I'm on it.
[12:58] <@VinceSamios> and maybe suggest someone else takes over running the company
[12:59] <@VinceSamios> how the fuck is this troll posting so damn fast
[12:59] <zumzero> I'm not going ro entertain that until after we've heard what he has to say.
[12:59] <drawingthesun> VinceSamios, If I was Crumbs I would automate the process of posting. Then all I have to do manually is sign up accounts.
[13:01] <@VinceSamios> ken seems to have completely forgotten that we also need to sell chips
[13:01] <@VinceSamios> and will make money from selling chips
[13:01] <@VinceSamios> but, how can he say mh/s?
[13:01] <@VinceSamios> how the fuck does he make that mistake twice
[13:01] <drawingthesun> VinceSamios, Ken has forgotten a lot of things, like what a goddamn megahash is
[13:01] <@VinceSamios> he's probably calulating profitability base on mh/s
[13:02] <@kleeck> Alright. I'm going to log off and have a few drinks.
[13:02] <@kleeck> I don't care what time it is.
03[13:02] * kleeck is now known as kleeck|drinking
[13:02] <zumzero> I've just realised the significance of the article.  "BETTING on Bitcoin".  Anyone think there's a hidden meaning?
[13:02] <drawingthesun> $150 a day, makes $1.7 a day for me, not bad for a $200,000 investment.
[13:02] <@VinceSamios> lol
[13:03] <drawingthesun> zumzero, that Ken needs to go to JustDice and place it all on hi
[13:03] <zumzero> lol
[13:05] <@kleeck|drinking> I wonder why this is still on the site: http://virtualminingcorp.com/shop1/index.php?id_product=34&controller=product
[13:05] <@kleeck|drinking> Ok. Back to drinking.
[13:06] <freshcoin> i could use a stiff drink :/
[13:08] <@VinceSamios> if ken ends up pulling a profit for us, I will get a tattoo of his face on the head of my dick.
[13:09] <jimmyjazz1> maybe the journalist got it wrong and was meaning the first 28. It does seem strange that Ken was pushing for the 55 so much and then just drops it so fast. Even with some btc lost on gox we have already taped out and made a  contract with peoples asic.
[13:09] <@VinceSamios> jimmyjazz1: the problem with that theory is causation - coins lost on gox, lower btc price, therefore lower buying power, therefore no 55nm
[13:10] <drawingthesun> jimmyjazz1, also we own peoples asic, it's a contract with umc
[13:10] <jimmyjazz1> If we need to pull the pluf because of the funds on gox were in a lot of trouble.
[13:11] <drawingthesun> VinceSamios, the tatoo is a good wager, I think I make bitcoin profit once we mine 50,000 coins (taking into consideration that after the first mined 25,000 the profit is spread over 25,000,000 shares)
[13:11] <@VinceSamios> does that mean your average buy-in was about 0.004?
[13:12] <drawingthesun> about that yep.
[13:12] <@VinceSamios> 10,000,000 priority shares btw, not 25mil
[13:12] <drawingthesun> after the 10,000,000 shares get 0.0025, all profits are spread over 25,000,000 correct?
[13:13] <@VinceSamios> yes
[13:13] <@VinceSamios> 50,000 coins of the remaining 9mil btc should be very achievable.
[13:14] <@VinceSamios> 0.5% TNHR
[13:14] <drawingthesun> VinceSamios, If I can walk away with 100 bitcoin from all of this I will be happy, very happy. I have no delusions about ever making 400-500 bitcoin from 114,425 shares.
[13:14] <drawingthesun> VinceSamios, it sounds easy, 0.5%, but look who we have to trust to do that...
[13:14] <@VinceSamios> true...
[13:15] <@VinceSamios> if only peoples asic were in charge
[13:16] <JimJones> <VinceSamios> if only peoples asic were in charge <- this
[13:16] <drawingthesun> I wonder why we can't get to talk to the people behind peoples ASIC
[13:16] <@kleeck|drinking> Here is my "three-shots-deep" thought: the difference between this delay and the others is that now Ken does have PA involved in the process AND this elusive project manager that Ken claims is not of the PA engineers.
[13:17] <@kleeck|drinking> So, this likely wasn't a decision that Ken made alone.
[13:17] <@kleeck|drinking> But I could be wrong.
[13:17] <@kleeck|drinking> And probably am.
[13:17] <drawingthesun> Perhaps they need to talk on the forum or here
[13:18] <@kleeck|drinking> We asked Bargraphics to ask them, but the end result of that convo was that they probably don't want to deal with us whiney investors.
[13:18] <drawingthesun> If the whiney investors scream and shout, they are going to cause so many issues.
[13:19] <drawingthesun> OMG I have a thought!!!!
[13:19] <JimJones> all we can do now is wait for ken, to explain whats going on.
[13:20] <JimJones> grab a drink like kleeck|drinking , smoke a cig
[13:20] <zumzero> put it away DTD.  ;)
[13:20] <JimJones> and chill guys :p
[13:20] <zumzero> *DTS
[13:20] <drawingthesun> motivation. Why did Ken allow such a negative article to be posted? What has Ken to gain from that? The article did not talk up the 28nm at the end that much, it mostly focused on bad stuff. I wonder if that what Ken wanted. What is he up to.
[13:20] <drawingthesun> Yeah ok
[13:20] <drawingthesun> agreed, i'm going to call it a night.
[13:20] <drawingthesun> :p
[13:20] <drawingthesun> Thanks guys.
[13:20] <zumzero> cya
[13:21] <JimJones> cya :)
[13:21] <zumzero> I'm off as well guys.  I pm'd Ken.
02[13:21] * zumzero ([email protected]) Quit
[13:24] <@VinceSamios> drawingthesun: ken isn't smart enough to try to manipulate things like that
[13:24] <JimJones> ^this
02[13:29] * JimJones ([email protected]) Quit (Quit: Leaving)
03[13:29] * bitcoinbaba1 (71c14202@gateway/web/freenode/ip.113.193.66.2) has joined #ActM
[13:39] <jimmyjazz1> willthe 28 be proftable if made on time?
[13:40] <Sebastan> do you trust that ken will manage it in time/at all? i nearly have zero hope now anymore.
[13:41] <jimmyjazz1> no i dont
[13:41] <jimmyjazz1> but if he could/does
[13:41] <Sebastan> and when i see how long competitors already have their 28nm... the market might already be nearly maxed out. i cant calculate it. its simply too uncertain.
[13:42] <@VinceSamios> jimmyjazz1: the 28nm will be profitable indefinitely
[13:42] <jimmyjazz1> ok thanks brer
[13:46] <@LorenzoMoney> all of you are speculating on why ken decided to do this or that
[13:46] <@LorenzoMoney> mistake
[13:46] <@LorenzoMoney> what I woudl like to do is compose an email, sent to Ken with all our names/nicks on it.
02[13:46] * @VinceSamios ([email protected]) Quit (Remote host closed the connection)
[13:46] <Wildfire_ca> our news story is so good it made the frontpage of /r/bitcoin
[13:46] <Sebastan> Vince... i dont think so. You might think so because all others can have 28nm only too but they have their 28nm since long time. they will make profit even with way lower prices because they had time enough to recoup their NRE-Costs. we would have to earn back NRE first and wouldnt be able to compete with the others then. so i dont think it will work out for us.
[13:46] <@LorenzoMoney> once before I posted that all the big shareholders shoudl contact me. Ken got upset and asked me why I was doing that
[13:47] <Wildfire_ca> http://www.reddit.com/r/Bitcoin/comments/1zciy2/story_about_kenneth_slaughter_active_mining_and/
[13:47] <@LorenzoMoney> ]ken wants to be loved and wants to do the right thing
[13:47] <@LorenzoMoney> he createdthat stupid board because many people put pressure on him
[13:48] <Sebastan> but he even didn't hear what the people in the advisory board told him. so i don't await that he is changing his behaviour.
[13:53] <+shaofis> It would be nice to see active shareholders come together with a list of items necesary for Ken to restore some faith... Top on mine would be regular financials.
[13:55] <Sebastan> i agree. i would sign such letter. im a not small shareholder too.
[13:56] <+shaofis> I see no reason for coin to be on Gox unless Ken is gambling with ActM's investment
[13:58] <Sebastan> right. i dont see a reason too. gox was never a good way to get fiat.
02[13:59] * bitcoinbaba1 (71c14202@gateway/web/freenode/ip.113.193.66.2) Quit (Ping timeout: 245 seconds)
[14:00] <jimmyjazz1> this investment is doing my cunt in.
[14:01] <@LorenzoMoney> kids, I have to leave for a few hours. email me with any ideas
[14:01] <@LorenzoMoney> I plan on calling Ken this week
[14:02] <+shaofis> pm me your address
02[14:02] * @kleeck|drinking ([email protected]) Quit (Ping timeout: 252 seconds)
[14:03] <@LorenzoMoney> [email protected]
[14:03] <@LorenzoMoney> my plan is to get a list of top shareholders
[14:03] <@LorenzoMoney> and talk to ken and be polite but impress upon him that he needs to accept help
[14:04] <jimmyjazz1> i will have no returns utill after summer
[14:04] <jimmyjazz1> if any