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Great news...the only issue that is totally confusing me is he needs to clear up the number of units running at each location now THEN the number of already purchased units at each location that WILL BE running in the near future say by Oct 1 ..... if someone was investing / coming in now and was trying to do a valuation on the future value here you really cant right now because you dont know what the total number of miners will be online by say Oct 1 at all 3 locations...... FWIW .
He gets 150k a yr from SANP...as does Arnett...in one of the docs it stated it was a a 5yr deal between those two ...so no matter how bad this fails - they simply get paid - AWESOME deal no ?
Smart business..."coin" in the bank is king,,,when the coins rebound xx multiple of our money in said bank.... pay for hardware with shares = smart management......
IMO we will not move substantially until fins for this qtr come in.....SR could perk things up probably in the meantime with a tease like a last 30 day revenue pr with xxx machines online but I doubt he will do that and just wait for the full qtr to complete before reporting anything ......
By a show of hands who is ready to run out and buy one of these cold wallets ...anyone..... anyone ...Bueller , Bueller .........
IMO this is the most transparent mining outfit that is executing its plan, moving the chess pieces to increase efficiencies and expanding as PROMISED with no excuses ....
Regarding dilution : I dont know any hardware based business at all in which you can expand it without purchasing the hardware you make money with ......... 170 yrs ago during the gold rush I am pretty sure they purchased shovels and pans ....
Not in the mining business then WTH ...F is in this video 3-4 times LOL - you cant make this stuff up ......
Start Mining Crypto with Asama
Doesnt matter anyway because SANTO is N O T in the mining business per F ! ASAMA was a smoke and mirror job to buy time to perpetuate this thing.... IMO.
bitcoinvietnamnews.com
What is Asama Mining? Multi-level warning digging machine
3-4 minutes
In the virtual whirlwind of virtual money is shaking public opinion also calls for investment in 'virtual cash dispenser' which is actually also a form of multi-level illegal capital mobilization, potentially many risks. In there besides
Sky Mining
Asama Mining.
Many questions for Asama Mining
A $ 5,000 excavator, while the market price is less than $ 500 - $ 1000, you can own a new machine with warranty.
Unbelievable interest rates of 300% per year compared to those miners actually dig
Multi-level route system. F1: 5%. F2: 3%. F3: 2% ... .. and percent off balance.
$ 500 = 0.4-1% <> 2-5 $ / day
1000 $ = 0.5-1.2% <> 5-12 $ / day
$ 3000 = $ 0.6-1.5% <$ 18-45 per day
$ 5000 = 0.8-2% <> 40-100 $ days
$ 100- $ 0.9-2.5% <$ 90-250 / day
In the midst of a gloomy market, any miners are holding their breath to survive.
The policy of car donation for anyone to complete 5 times refund interest rate.
The factory is not clear, the poor quality excavator bought from the miners machine, the purpose is for the user to see the excavator to the contract surface.
President of Asama Mining who runs the project Sky Mining? How to get rid of melon?
Carefully multi-level excavator
After the iFan virtual money dispersion system collapsed, the group discovered that Le Ngoc Tuan, one of the founders of iFan, appeared at the Asama Mining event, which was launched in late March in Ho Chi Minh City. Asama Mining is also trading in coin machines, with a "mine" being introduced at a technology park in Ho Chi Minh City, dividends by day from 0.4 to 2.5% depending on the investment package. For example, $ 500 package receives from $ 2 to $ 5 per day, $ 1,000 package receives $ 5 to $ 12 per day ... The highest package of $ 10,000 will receive $ 90 - $ 250 per day. According to Asama Mining President, who worked at Sky Mining, this model was also "duplicated" as Sky Mining, when investors received 300% interest, ended the investment cycle. In addition to high profitability, Sky Mining and Asama Mining use multi-level commissions to grow their networks. For example, the commission rate of Asama Mining is from 1 to 3% depending on the level.
Le Ngoc Tuan, one of the founders of iFan, appeared at the Asama Mining event in late March in Ho Chi Minh City.
The "digging" increasingly grows, proportional to the number of diggers imported into Vietnam. If in the first 10 months of 2017, the number of machines imported to Ho Chi Minh City about 1,500, only 20 days in January to 8,000 machines. According to the Customs Department of Ho Chi Minh City, the value of 8,000 virtual machines is 12.3 million USD (about 280 billion), each machine is about 35 million. However, the virtual money companies offer $ 5,000 per machine. Investors will buy the machine, will be converted according to the internal transaction rate of this company is about 24,000-25,000 VND / USD, equivalent to 120-125 million / machine. Only money machine, investors have been "hacked severely" more than 3 times.
NEWS for those who missed it ..Integrated Ventures Acquires 199 Revenue Generating GPU Rigs From Secure Hosting, LLC Valued At $868,800
July 11, 2018
INTVCORP
Philadelphia, PA., July 11, 2018 (Via PR Newswire) — Integrated Ventures, Inc. (OTCQB: INTV) ("Company") today announced that it has entered into a Letter Of Intent (“LOI”) with Secure Hosting, LLC (“Seller”) to acquire certain cryptocurrency equipment (“Assets”) consisting of 199 revenue generating GPU based mining rigs.
Pursuant to the LOI, the aggregate consideration for the Assets being acquired, consists of 39,679 Preferred B restricted shares, being issued to the selling shareholders of the Secure Hosting, LLC. Both parties intend to sign an Asset Purchase Agreement (“APA”) no later then July 30, 2018.
The mining rigs are as follow:
131 BitWorks (240 mhs) - Powered By 8 X AMD RX570 GPUs (valued at $392,869)
68 BitWorks (375 mhs) - Powered By 8 X NVIDIA P102 GPUs (valued at $475,932)
Big deal ...why so excited...it will just confirm losses , losses , losses and no revenue stream , expenses here and there. There is your official financial report -trust me . We are not in the mining business per F himself....so there is officially nothing here to invest in. Sorry man I lost too - its just the facts :( .
Again shady he knows people are on to him on Twitter so he is going to a closed group for updates...POS .
COMICAL
"About Santo Mining Corp.
Santo Mining Corp, a publicly traded company in the Over-the-Counter (OTC) market, trading under the ticker symbol SANP. Formally an analog mining company in the gold and copper sector, it has now focused on the digital cryptocurrency mining and transactions operations. Our goal is to make mining accessible to all users regardless of age, location, investment, and technical experience. We want to give our miners the opportunity to try out cryptocurrency mining pool and earn cryptocurrency rewards. On a larger scale, we hope to contribute to the development of mining services and subsequently to the development, establishment and adoption of cryptocurrencies both as a currency and as an economic system.
Just weeks later the same guy (Frank) via his video states clearly the mining industry is a "quagmire" - we are not mining and are focused elsewhere .
I dont know why anyone would be excited to see the financials released here 2 yrs late ...all its going to show is losses ,borrowing, blown money on the multiple business pivots here and not a dime of revenue hitting the bottom line for shareholders .....
The SEC I think looks at penny stock investors like lion tamers..."hey we told you eventually you would get bit - you are on your own " ......no enforcement whatsoever on blatant, traceable lies told here ..... IMO.
Storm ...I wouldnt even call it a company at this point honestly ...just all smoke and mirrors to keep it going as long as he can ..cigars,wine,podwerks then ASAMA cold wallet ...WTF he even said self admittedly on one of those videos he posted "~we are not in the mining business ...~ its a quagmire' ..... yet he was posting numerous videos of people putting miners online, mining kickoff banquet etc. to make people think we were part of a new mining outfit ...... outright lies in my opinion ...it just cracks me up how many people are still drinking the coolaid here ..... IMO .
You are out of your mind ......then why did he create and post all the videos about mining and attend all the events .... really man ????????
Another bs lie...figures out there for break even are 3k for bitcoin this is well known figure throughout the industry ....dude invest however you want but this guy is a piece of work...nothing he has said or done , all pivots included , in the past year and a half has come to fruition and made any money...those audited fins will never happen, you will never see any mining revenue and the 5000 rigs was simply a bait and switch tactic for all here to bite on , those cold wallets are a joke as well....GLTY .
Anyone that thinks its ok to be told you were purchased by a company with 5k mining rigs online, that is firmly in the mining business , shown numerous videos on mining rigs running, being installed showing expansion etc and then numerous videos ad nauseum of a kickoff celebration for THAT mining pool only to be told 3 weeks later there are Z E R O mining rigs online MUST be part of this scam.... this is as stinky pinky as they come and he is bringing these vietnamese guys into his unscrupulous activities ...SHAMELESS .
"We do not have any mining rigs" ...then why was he posting these pics of rigs going online June 2nd making people think we were in the mining business ... W O W snake....
https://twitter.com/AsamaCorp/status/1003128476231241728
We have been FRANKED .
15:55 in the video NO MINING RIGS Z E R O .... "we do not have nor do we plan to uuh have any mining rigs....." We are not mining. "
I knew we would never see a dime of mining revenue out of this snake .
YOU HAVE BEEN FRANKED AGAIN !!!!!
https://vimeo.com/277440341
Z E R O mining rigs .....watch HIS video he states no mining rigs ...open your eyes people there is ABSOLUTELY no business or value here, mining revenue was THE only hope...he mislead all by posting videos of rigs going online , videos of the big sales kickoff celebration for the mining outfit ad nauseum , now he says there is no money in mining so they are not putting any machines online......branded cold wallet storage as your product = broke .......this is a hilarious, sad SCAM at this point . Its hard to believe even he is continuing on with this charade ..imo.
5000 mining rigs to now Z E R O mining rigs ....
"Financials professionals" a veiled way to say hey dont hate me (Frank) for doing a 1:2000 stock split - its what the professionals said to do here ......
This dude is shameless lol, laying blame on shareholders ,lying about having 5000 mining rigs then claiming zero mining machines when we saw pics of them purchasing them they posted ......
the cherry on top is how ASAMA and its "mining" are not even a part of this SANP ticker lol....so you have Z E R O revenue coming in yet again .....coin mining was the only hope of revenue EVER coming in ...BLOCKCHAIN,COLD WALLETS = B R O K E i.m.o.
If we have zero mining rigs then why was he posting videos of new mining rigs being installed online , why videos posted with crypto clover touring those mines when he knew they werent ours or part of the SANP deal .......
Lol...ha ha ha ha ...... "ASAMA is for NON US citizens ~" ...so why was he showing endless videos about ASAMA mining celebrations , kickoffs etc for the last 2 months if investors here in the U.S. cannot be part of it and this stock symbol ...SCAMMER !!!!!
" Mining industry is a quagmire...so we will not be purchasing or installing any mining machines (even though its Santo - ASAMA "mining" ) ~ as it isnt profitable....so now we are switching gears to Blockchain - cold wallets LOL ...... WTF I knew we would never see a dime of mining revenue out of this snake ...BLOCKCHAIN = $0 . YOU HAVE BEEN FRANKED !!!!!
Blaming investors for the Canoe failure lol...
"Santo mining currently doesnt have any rigs " so what was Matt purchasing months ago and taking photos with the suppliers , what was Bansbach hired to setup if there were no rigs ????????
F R A U D .......
I wouldnt go that far ,,,I still have faith but was curious why simply not stating how many rigs are back online and running in total is a simple answer not being provided. Twitter now says working through Sunday - so an update should follow on rig counts I would imagine ...keeping the faith - GO $SANP
Link ?
Hes falling off on those updates lately and exposing scammers .....how many rigs are online as of today in NJ ? Nobody knows .....would be nice to get a fresh report ...
LOL...the games continue - how come the amount of the promissary note to Arnette isnt mentioned ?????? On April 2, 2018, Matthew J. Arnett resigned as Chief Marketing Officer and as member of the Board of Directors. ? In conjunction with Mr. Arnett’s resignation he exchanged all of his Series A Preferred shares (150,000,000) of the Company in exchange for a promissory note.
If Arnette truly resigned why was he at the big ASAMA kickoff ?????
Where is the 2017 mining revenues on the financials ? Several rigs were purchased RIGHT - we were shown pictures of the purchase signing RIGHT , we hired a CTO Bansbach RIGHT , I assume he was paid to set all those rigs up and start mining coin RIGHT .... W R O N G ..WTH why is nobody questioning this - its your money ??????
Why isnt mining mentioned in what SANP / ASAMA supposedly does for business - a living ? All it talks about is developing blockchain BS ..... the only way this stock will move is by reporting those mining revenues - the only thing that could possibly produce any revenue here ..... we were shown pictures of shoeless ASAMA technicians hooking up new rigs supposedly ....
PREDICTIONS : you will never see a dime of reported mining revenues reported by ASAMA tied to SANP.
This is a nothing more than a veiled shell game here unfortunately .....
Sounds good ... hes been VERY good on execution in the past - hopefully its still full steam ahead in the coming weeks .......
Agreed ...but a little slower than I would like to see though :(
All we can do is just sit back and watch it all unfold good or bad ....... you cant change a leopards spots ;)
Proof ? "New CEO, and majority shareholder picked up 0003's in the Millions and Millions of shares"
The financials they are finishing IMO will be SANP (not ASAMA) , thus dismal , and will show a loss and no retained profits - again stressing all losses.
We are probably maxed out / diluted fully authorized share wise, thus the TA gagged , so no more printing funny money for Frank to keep this going ..... the only solution will be a deep RS and I mean deep to the tune of 1500 shares gets you one of ASAMA Global !
Again you will never see ASAMA mining revenues reported because it will CLEARLY show they are lying about having 5k machines online. Simply if they have 5k machines mining successfully they would most assuredly have a ton of revenue to report for all those machines. I am in another stock that has 200k in mining revenues so far in ~ 5 months with only at best ~ 250 miners running. Doing some rough math if you had 20 times that (250 machines x 20 = 5000 ASAMA claims to have ) you should have roughly 4 million in revenue to report~ 5 months ...you will never see those kind of figures here trust me...... I hope I am wrong for all here BUT my gut feeling is usually right unfortunately .... FWIW IMO .
Screams split is coming - which we all knew . He is out of money to print ...
My opinion ....
The lack of consistent follow through over the years should indicate what to us all ?
This will never be legit in my eyes until the first Q ASAMA mining financials are reported to OTC and have the signature of that new CEO guy on them .....
It will never happen .....and if it does I think the revenue figures will CLEARLY reflect they DO NOT have 5000 machines running as they claim.
We had videos , he outlined several updates, including OTC updates , financials etc ....nothing happened , hes gone dark again ...same old Frank ...so why would we all expect any different results this time around . The art of the con ...
20,000 : 1
Sorry I cant agree with any of your statements as they apply to SANP.... when the first ASAMA fins come out eventually THAT will be the proof .... the SANP fins are due first and I guarantee you 1000% their bottom line will be god awfull ......as far as Crypto Clover - nice guy - but dont you think it was odd- out of the norm he was invited to an ASAMA kickoff meeting and additionally met after hrs with ASAMA technical people ???????? Can you say -hired gun ..... lets just sit back and see how this all pans out .
Ghost let me be the devils advocate here for a minute...how do we know- "we" have 5000 confirmed machines running yet ? Anyone can rent a ballroom and have a sales banquet...honestly how other than seeing the first ASAMA reported financials does anybody know what we truly have here ...... . its all just good or bad speculation on our parts at this point ..... I will say this -the fact that no one has provided video or numerous photos showing the 5k "ASAMA" machines running is a smoking gun ....we have all been duped before.... if we get those ASAMA financials -then we know what we truly have here ......
FWIW ...the problem here is the stigma and Franks past ...until the "new" management "appears" to be running the show and giving updates on "whats next" investors will NOT jump in and take a ride here because of Frank .......
The strategy should be ...
1.) Diminish Franks role - I mean he sold the co. right ?
2.) New leaders report SANP -unaudited -first month revenue from their "supposed" 5000 machines that are mining (b.s. IMO , vaporware , 5k machines dont exist ) ......
3.) IMO this will trade sideways and slide downward as a result over the coming months ....
FWIW ... I think what we are seeing is two things here ....#1 crypto is flat to down right now - so thats one reason we are dipping ...the other reason is we are currently in a build out - expansion phase. Next quarter financials should show a big pop and our pps should finally rise... The quarter after that - no excuses - we "should" see what the real potential is here revenue wise with a full quarter under our belts - all machines running. GO $INTV ...buy the dips .