Santo Mining Corp (SANP)

[Lurch16]

SANP Ok Folks. Here's the scoop on the RS (as I Understand the filing) after reading the filing several times and at the risk of repeating myself;

1. The RS was approved by the Company.

2. Company has to mail (regular mail) notice by Oct.31, if it intends to go further with RS. If it doesn't, then Company will have to re-issue another filing of an intent for an RS, with another "mail date".

3. If the shareholders, at some point get the "mailed" notice, then the RS could occur, but no sooner than 20 days after the mailing of that notice.

4. After shareholders receive the "mailed notice", the company must file and get approval from FINRA.

5. The Company must also file with the State of Nevada and amend it's articles of Inc.

6. If FINRA approves, FINRA will set the "Effective Date" of the RS.

7. Even after all of the above, the Company reserves the right to abandon the RS.

Anyone else, please feel free to jump in here, if you have any other insight on this.


That's all for now (that was exhausting)

Good Luck