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Hold the Line
Hi Panzer, I have been out of this one out for a couple of months.
I had over a million shares, so it took me several months to sell it all. You should do good at these prices as a longer term hold.
I still have shares at UE* so I will see you over there.
$SYHBF
Yeah. It was just interesting to hear Matt spin his new yarn.
Pick the next favorite quote he may say from here
Latest PO8 Marketing Video (YouTube):
PO8 (Matthew) on YouTube D10e Conference
Or a crypto themed Clive Cussler novel
Thanks OTC
Page 26 in the PO8 whitepaper that was being discussed last night.
The link doesn’t appear to be working now:
https://po8.io/PO8%20Whitepaper.pdf
I thought was an interesting timeframe because it was during the same time period the Santo execs/employees that are now shown as part of PO8 were purportedly working on the LOI with Li Yang.
Page 26: Q3 2017-Registerd and Established Bahamian Corporation
Interesting
This was a good post on the topic back in October:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=135137117
Yes . . . keeping with the Chinese New Year's theme this year, hopefully we'll all be sing this song in a few days
Yep. Let's see if this breaks .40, or better yet, .50 on this run.
$SYHBF
Use https . . . . https://www.canoepool.com/
. . . . not the http address (http://www.canoepool.com)
This was discussed a few weeks back.
$SANP
Thanks!
$SANP
Are you referring to this twitter account? https://twitter.com/hashtag/canoepool?vertical=default&src=hash&lang=en
If so, I don't see either post there.
BlackTigerSharks. See below:
From the November 16 PR:
"Currently the Company has shipped 10 systems that will arrive between 7 to 10 days. The systems are 4-E9, 2-BlackTigerSharks, 2-Bitmain S9 & 2-Ebang; once arrived in America our CTO Mr. Bansbach will be doing beta testing on power consumption, heat dissipation & hash mining time rate, including synchronization of the mining pool management software. Once we have establish a baseline, we will move forward in the initial purchase order of 100 to 200 machines for the Canoe Pool America mining location, to be announced in the very near future. The goal is to have over 2,000 owned and operated hardware mining systems, by today's Bitcoin BTC value the monthly profit for each mining system is between $380 to $420."
https://globenewswire.com/news-release/2017/11/16/1194142/0/en/Santo-Mining-Canoe-Pool-Corporate-Update.html
$SANP
Wow . . . Thx for the update
$SANP
Three of the recent SANTO Twitter posts (Feb 5, Feb 6, Jan 10) could theoretically be tied together with the link I just provided (https://www.fool.com/investing/2018/01/10/everything-you-need-to-know-about-kodaks-kodakcoin.aspx). That is probably quite a stretch , but it is fun to speculate while we wait.
It will be interesting to see what happens with this one.
The canoe-pool connection is obviously key here. Without it, we would likely be at .0001 or "no bid" now and like several I have seen over the last few years, destined for a 300 - 5000:1 reverse split range. You are an instant bag-holder at those ranges no matter how well the company does after that. Statistically, most go back to .0001 shortly after the splits anyway.
Some folks on the board have speculated a 20:1 reverse split number or lower. I am not sure where they get those numbers from. IMHO, that is survivable R/S number and can still result in some decent profits for current shareholders if the speculation on the canoe-pool connection/advantage hold true.
Hopefully, we have a run (or two) before we get to that point (if we get to that point at all).
That's all part of the gamble playing the pinks.
$SANP
I forgot to add link: https://www.fool.com/investing/2018/01/10/everything-you-need-to-know-about-kodaks-kodakcoin.aspx
$SANP
Have you seen this?
"Not surprisingly, these rigs are commonly set up in Iceland and China, where electricity is cheap and plentiful. After all, when everyone is using the same rigs to mine digital currencies, a competitive advantage can only be derived by finding the cheapest power source
As it turns out, electricity happens to be cheap and plentiful in Rochester, New York, where Kodak is headquartered. The electricity is cheap for Kodak specifically, because the company has a power plant on-site that, according to the BBC, can "power each [mining] rig for four cents per kilowatt hour, which is significantly cheaper than running a rig at home." For perspective, the average cost of residential power in the United States is approximately $0.12 per kilowatt hour."
$SANP
Likely a T-Trade. There is not after-hours trading in the pinks:
https://incrediblepennystocks.wordpress.com/2013/06/25/incredible-penny-stocks-what-is-a-form-t-trade/
$SANP
Amir Adnani_Is the U.S. Too Reliant on Foreign Uranium for Nuclear Power Plant Fuel?
http://www.powermag.com/is-the-u-s-too-reliant-on-foreign-uranium-for-nuclear-power-plant-fuel-podcast/
$UEC
$SANP
This is what I like best in your 2nd link . . .
"The merger will result in a new entity called Canoe Pool America, focused on developing and expanding the U.S. operations for Canoe Pool's bitcoin mining operations. Once the merger agreement has been executed Canoe Pool is to receive 150 million shares of SANP preferred stock, representing 35% of SANP post-merger stock. An additional 50 million shares of preferred stock will be issued upon achievement of certain Bitcoin mining milestones, for a total of up to 40% of SANP post-merger stock. Canoe Pool will be given three director slots to the SANP Board of Directors."
. . . especially considering what we see happening now:
Too many folks take statement like:
"The transaction is expected to be finalized within the next 4-6 weeks."
. . . to mean that the event will take place exactly in in that time period.
As long I see these things happening close to what was announced (albeit maybe not when I would like them to happen or exactly as stated) , I still have hope that there is a possibility of another nice run left before a possible R/S. I can't recall seeing an actual stock buyback for a pink stock at these levels, but that is always a remote possibility as well. It all depends on what is meant by "SANP post-merger stock."
It will be interesting to see if another Director slot will be filled by Canoe Pool or of that part of the deal has changed.
$SANP
From 27 Dec 2017 SANP twitter post: "We will have updates in two weeks."
https://twitter.com/santo_io/status/945664825337708544
Followed by 08 Jan 2018 SANP twitter post: "Working on finishing year end 2017 financials. Corporate update coming soon. "
https://twitter.com/santo_io/status/950366880983912449
Just a fYI.
$SANP
Nice to see you are already in the profit zone
$SYHBF
Yes, there are some big players in this one.
In my last post, I meant to say testing the next level of support, not resistance.
$SANP
Good to see you posting on the board Panzer.
Only crickets around here for the last few months. I see the SYHBF management a couple of times a year at conferences. Excellent team.
This company will do well when Uranium rebounds again. 2018 may be that year. I believe we may touch the next level of resistance before that time, but it will be a great buying opportunity as a move into the new Uranium bull market.
I see you are posting on the UE*. An excellent opportunity going forward.
$SYHBF
Nice. Thanks for the post and link dcsteve.
$SANP
I have seen those excerpts as well. Agreed, we need some ground truth and/or a conversation with somebody involved directly with the operation.
Canoe Mining Pool........“Server locations U.S.A”
https://www.cryptocompare.com/mining/pools/canoe-mining-pool/
$SANP
Agreed.
I never mentioned it would be good or bad
I was just dropping in to see what was going on here. I made a good profit with SFOR in 2016. It looks like things have stayed on a roller coaster ride since that time.
I just posted the link because some may want to see the video that will likely be posted on the website after it has been aired, and also because it appeared it would likely be fairly recent news. That doesn't mean it will be good for the shareholder.
GLTY
“I am glad to be on ‘NEW TO THE STREET’ for our first time, especially when we just kicked off our subsidiary blockchain company, BlockSafe Technologies, Inc.®, and are moving into a period where StrikeForce will be growing in revenues shortly,” stated Mark Kay, CEO of Strikeforce Technologies, Inc.
https://globenewswire.com/news-release/2018/01/26/1313180/0/en/NEW-TO-THE-STREET-Airing-Sunday-January-28-2018-1-30-P-M-on-Fox-Business-Network-Features-Generali-Global-Assistance-on-its-Partnership-With-Deposits-com-Personal-ID-Protection.html
http://newtothestreet.tv
The pic at the bottom of the following link is the outside of Shark Mining's facility at 175 San Lazaro Ave, Sunnyvale, CA 94086 https://sharkmining.com/us/datacenter/, not a location in San Jose.
My office is only a few miles away and I drove by there yesterday and a few weeks ago.
Nice external physical security in the overall building complex and as with most of these type of facilities, no signage.
My question was regarding the data center they referenced that is located in San Jose.
At the end of the day, probably not worth the effort digging into any further because they are not likely related. I have worked down here for many years, and as you alluded to, there are many more available data centers (or potential data center sites) that Li would likely choose from than the kludgey type setup in the pics. Although what is in the pic is likely functional from small player perspective, it doesn't appear to meet his rep.
From a power cost/availability/quality perspective, I assume Li would also pick a different state.
Whatever the real story is, it will be interesting to see how this plays out.
BMike, Any more info on the facility SharkMining completed in San Jose?
Thanks
Thanks!
$SANP
Canoe Mining Pool Review-Server locations: USA
https://www.cryptocompare.com/mining/pools/canoe-mining-pool/
Just providing the link