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SANP is worth .47 thanks to this merger

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Robza73 Member Profile
 
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Robza73   Friday, 10/06/17 12:12:15 PM
Re: None
Post # of 47073 
SANP is worth .47 thanks to this merger with Canoe Pool

Merger to be finalized in 4-6 weeks....

CANOE POOL MINE is worth $2 billion (yes Billion) at this very moment

Proof straight from the PR:

Canoe Pool currently supports Bitcoin Unlimited and represents 1.7% of the global crypto currency mining market share.

https://www.otcmarkets.com/stock/SANP/news

So 1.7% of the global crypto currency mining market .....

All we have to do now is find out how much that global crypto currency mining market cap is:

You can find it here :


https://coinmarketcap.com/

So the CURRENT total market cap is $148 billion but we have to deduct the non-mineable crypto currencies (those ones with an asterisk), because the PR of SANP clearly stats 1.7% of the mineable market share:

which means: the total CURRENT VALUE of the crypto currencies is around $119 billion market cap

That makes SANP a STEAL at .0008 x .0009

Why?

Well it should trade at a market cap of $119 billion x 1.7% = 2,023,000,000


2 billion yes!!

2,023,000,000 / 4,301,127,323 o/s = share price of .47 for SANP

Of course, the higher the bitcoin price will be in the future, the higher this .47 value will be ....

Can we say the next DOLV has been born?

This is a monster merger partner coming into SANP....


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