Santo Mining Corp (SANP)

[jimmy051357]

The R/S on the O/S is 2500-1
The R/S on the A/S is 200-1

Making the realized R/S for all of us to be 12.5-1

[jimmy051357]

The R/S on the O/S is 2500-1
The R/S on the A/S is 200-1

Making the realized R/S for all of us to be 12.5-1

[Mr.Joness]

Nothing posted on OTC Markets as of now.

[Slojab]

Thanks. Now Finra has to approve the R/S, which will be a larger ratio than 200:1.

2500:1 is still in the running.

[phrocks]

Should be coming off the expert market now.

[jimmy051357]

https://wyobiz.wyo.gov/Business/FilingDetails.aspx?eFNum=087035039028203086179106119052230233182074019168

Click on additional details

It shows the number of authorized shares to be 100M, A 200 - 1 split from 20B. Filed with the state of Wyoming

[Slojab]

Dell? As in Dell technology? They sell computers.

How would they know anything much less what the new A/S was going to be before it happens? And a 5 fold increase doesn't jive with "200 to 1 for AS (Authorized Shares)"

Can you provide the link to whatever you're quoting from?

[jimmy051357]

From Dell

Latest company communication:

New Authorized Shares is going to be 100 million.

Groovy Company is the new company name instead of Santo Mining Corp.

GROO is the new stock symbol, back to OTC exchange.

SANP withdrew the SEC form 10 and re filed on 2/4/24. Registration Statement to become effective 60 days after the initial filing date if approved SANP to GROO.

2500 to 1 for shares RS (reverse split).

200 to 1 for AS (Authorized Shares)

[jimmy051357]

https://discord.com/channels/814738159136407552/814738159136407554/1209973364773355550

[jimmy051357]

There have been 2 splits in SANTO's history. In March 2012 a - - 4.5 forward split was done, then in July 2012 a reverse split of 4 - 1 was done. How does this constitute a "pattern" www.otcmarkets.com/stock/SANP/security
Dividends & Splits
07/10/2012 Reverse 1:4 — —
shs decreased by 1 for 4 split
03/26/2012 Forward 4.5:1 — —

[Strategyone]

Not to mention, this has been the historical pattern for Santo. Dilute to max, split, repeat.

Buyer beware. It is all in the history if you do your due diligence.

[Slojab]

The only ratio I've ever heard was at 2500:1. And that was from Frank. I don't know where 200:1 came from.

Any reverse split after a company's sp falls to $.0001 with a nearly maxed out A/S is bad. It just allows the company to continue diluting in a losing effort to create a viable company while some CEO plays at being a bigshot. All the while the stock continues to drop from a new contrived level.

[Mr.Joness]

Better than 2500. Still bad.

[Slojab]

Where do you see 200:1 as the split ratio?

[jimmy051357]

The new share structure will be put up when #GROO starts. The A/S will be 100M from 20B (200:1)

[Slojab]

Frank went from posting some nonsense or other on his Twitter page nearly every day to not posting anything in nearly two weeks. I think he's content with the status quo.

[Slojab]

Frank never did a R/S. And the A/S is still 20M.

[jimmy051357]

Most OTC CEO's only R/S the OS, Frank also R/Sed the A/S. As far as company ownership goes, the R/S was effectively reduced to 12.5:1, not really that bad. O/S 2500 - 1, A/S 200-1. Actually, since the A/S was not entirely used up, we fair a little better than that. The A/S was 20B, now 100M

[Viewmont]

Well, I believe he has the business acumen and ability, but I think it has something to do with money management, financials, payables/receivables, something in the background that stops it at the very end, after a long time of pumping, PR-ing with exciting news, and accumulating new shareholders while showing that the product/idea is ready for marketing or being marketed, then all of a sudden, poof, that project is dead.

[Slojab]

And there's the rub.

If only, he sticks to what he starts building.

You're right, Viewmont. So far, as with the ATMs you mention, he abandons projects once he brings them as far as he can with the funds available or he see the next "shiny object". I don't know if he even has the business acumen to actually bring a viable company to the revenue producing stage. I think he's good at starting things but when the rubber meets the road, he's overwhelmed.

Have you noticed how he always surrounds himself with young people? And I mean really young people. I recall the photo he took when he was bringing shipping containers over from China. A bunch of kids eating pizza with him. As I recall, there was never any evidence that one ever arrived. Podwerks was to be either a grow station for weed or to be used in mining bitcoin, depending on which day of the week we're talking about.

The only thing I wonder about these days is whether Frankie's going to make any attempt to boost the share price before he's able to implement the R/S.

[Viewmont]

The .0004 will go up, and will go up real fast to pennies, If only, he sticks to what he starts building.

Like the ATM machines and the many more he started.

As soon as the project is ready to be marketed, all of a sudden out of nowhere he abandons that project, no reason or explanation to shareholders and starts a new senseless / unrelated project. Or he says so.

Looks like he just likes to burn shareholders.

[Slojab]

It's what he's done ever since he began his life in the OTC starting with CAGR in 2008.

It's like pouring gasoline on all long time shareholders at a higher share prices and lite the fire.

Ditto.

Cold blooded careless / selfish soul, he's burning other people's money and life's who've been loyal shareholders for years and years.

Even a 1:4 R/S won't save existing shareholders since the stock will most likely just go down from $.0004 right back to $.0001. Then, he'll have to do another one.

[Viewmont]

It's like pouring gasoline on all long time shareholders at a higher share prices and lite the fire.

Because it'll be almost impossible to cost average, especially if the price keeps going down.

He can say/change it to 1 to 4 split as in previous RS and everything would be so different!
07/10/2012 Reverse 1:4
https://www.otcmarkets.com/stock/SANP/security

He can still change that ridiculous number of 2500/1.

Cold blooded careless / selfish soul, he's burning other people's money and life's who've been loyal shareholders for years and years.

[Slojab]

Keep in mind that the R/S ratio will take place at a sp of $.0001, making the adjusted sp $.25.

And because the market cap of $1,843,659 can't be justified, the stock will only go down from there. At least, people will be able to sell their stock after the R/S. Albeit for a loss.

[Viewmont]

CEO said, RS will be 2500/1. If one's average share price is .004, so .004x2500=$10
A lot of people stopped buying more shares around .004 or so, since the stock was tanking heavily, but didn't sell for a reversal expectation.

While the new stock trading price will be, (if calculated at .0001) .0001x2500=0.25
So, how does one catch up to that? If one's price is $10? Cost averaging galore?

Do you have another calculation / vision / expectation for this outcome? Anyone?

[Dingbatt]

Viewmont
That is one hell of a prediction

[Viewmont]

People who own shares @.004, the price per share will be $10

[Slojab]

It all depends on what Frankie does.

But my guess is that a R/S happens eventually that spells the end of the road for existing shareholders.

[Viewmont]

Where will this go from here?

[Slojab]

That's February of last year, mind you. Not a month ago. The 2022 annual.

[Mr.Joness]

No filings since early February. Just stupid Twitter posts

[Elkay11]

I guess we shall see how the market receives the "groovy" ticker and brand.

IF we ever get ta tradin again.
Pretty lame and not too groovy ATM .

[Blue Diamonds]

I tend to agree with you, the 70's is a time I wish to forget and I certainly don't condone this to the offspring. Albeit Frank in my interface over the last 6 years centers around scam, at least the "proposed" deliverables seemed to be "appealing", the Groovy theme however is truly odd and I see no pathway for the target correlation to be changed from a schedule one classification thus I don't see how he gains merit.

[Slojab]

From what I've seen about this whole "groovy" thing he has going, my money is on the latter.

The psychedelic 70's should have been left in the 70s. And if feeling secure about the products you buy is important, all the goofy add-ons you get with your purchase don't help with respectability. Elementary grade level kids might find it all rather cute. Not adults who mostly don't recall the 70s even if they lived through them.

[Blue Diamonds]

Frank is either up to something really good or he lost his mind....

[Slojab]

THIS IS ABSOLUTELY CRINGE WORTHY.

#GROOVYCATS enjoy this short. $SANP $GROO #GROOVYTags #GROOVYRewards #GROOVYBlockchain #GROOVYCompany pic.twitter.com/VVrmPH9gj5

— GROOVY Company, Inc. (@groovyclick) March 11, 2024

[Slojab]

Meanwhile shareholders continue to dump their shares from their accounts at $.000001.

GROOVY Company, Inc.
@groovyclick
·
23h
Wrapping up the last 2 questions for FINRA today, and we are T-minus 25 days for the F10.

[Slojab]

I just thought the GIF was cute. And appropriate.

[Mr.Joness]

Post was deleted

[Slojab]

https://t.co/vg4o24dEAO pic.twitter.com/gU4hOhQFn8

— GROOVY Company, Inc. (@groovyclick) March 5, 2024

[Slojab]

No one. There hasn't been a retail trade in nearly two months.

Frankie strikes again.

[Mr.Joness]

Who is trading this stock?

[poor2blessed]

I remember Frankie went after George Sharp and called him a liar on X!! George Sharp was right from the beginning about this scam!! 🤣😂

[TurboDiesel06]

Will this get pumped again or did frank burn all the bridges??

[Elkay11]

Frankie was always ahead of the game, keeping it all virtual.

LOLs

[Mr.Joness]

30 shares traded? How is that even possible?

[Mr.Joness]

Dispensing pot, or stock, or in thin air.

[Kracker Jones]

This guy is one of the biggest scammers around

[Slojab]

Along with the miners.

Though, what we saw of them it seems that's where Frankie got them from.

#recycle

[Kracker Jones]

What happened to the ATMs? Are they at the junkyard?