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Personally I wouldnt want to "hold" coins ....I would be cashing those in asap... if a day comes when crypto crashes through the floor you would be kicking yourself for not letting them go and sitting on the cash instead ...especially in a "young" , growing business ........ next month brings new mining coins in...CASH IS KING !
To go from zero to a 270k mining business in basically 2-3 months is a tremendous achievement ...so they should eb applauded for that .....
Wasnt there a $600k number floating around in regards to a real estate purchase ...I am against purchasing - would rather lease and put money in rigs ...its a race at this point (mining) .....owning bricks and mortar are secondary if you ask me ..... imo.
NEWS OUT https://www.otcmarkets.com/stock/INTV/news/Integrated-Ventures-Eliminates-100--Of-Its-Convertible-Debt-And-Releases-Q2-2017-Preliminary-Financial-Results?id=179944&b=y
125 operational rigs
Congrats to Steve and team !!!! Executing AND transparency here ...
[Balance Sheet]
The Company has entered 2018 with a strong Balance Sheet, including a cash position of $130,000 (unaudited) and without any Convertible Debt obligations.
[Convertible Debt]
As of December 31, 2017, all of the Company's outstanding Convertible Debt has been eliminated. The process has been accomplished as follows:
[Revenues]
Integrated Ventures has finished Q2 2017 with estimated revenues of $122,786 (unaudited). These preliminary results were achieved in only 39 days of Crypto Currency operations and consist of (1) cash proceeds from mining operations of $27,500, (2) equipment retail sales of $51,500 and (3) ownership of mined assets (BTC,ETH,LTC), with market value (dated 12/31/2017) of $43,786.
I think we can all surmise they saw this coming and "did" move when Canoe mining apparently went dark a few months back .....
China officially wants all miners out of CHINA !!!!!!!!!!!!! Nothing but great news for smaller US based outfits like ourselves !!!! Also expect a large Bitcoin jump in price due to this news as a good portion of global mining power will be lost (70%) until they relocate and get setup elsewhere !!!!!!!!!!!!
https://techcrunch.com/2018/01/08/china-is-reportedly-moving-to-clampdown-on-bitcoin-miners/
GO INTV...... perfect storm here .......
Think about it when they chase miners out of China which I believe I read they own 70% of the global mining share the "little guys " for a period of time should have increased market share. Also one could imagine a large Bitcoin price spike during the time all the china based miners are down........ next leg up for the bitcoin price !
I see this as nothing but positive for smaller miners for awhile until the "BIG" guys get their mines rolling again .
Li saw this months ago in the works which is why he was looking to do a US based revers merger !!!!!!!!!!!!!!!!!
Say what you will about Mgmts past exploits .... but here it is in plain English - this merger to the U.S. for Canoe and its timing now makes perfect sense... why Canoe is setting up shop in the U.S. -to flee China .... what we are buying here post merger is DEFINITELY Canoe Pool. One of Canoes farms is / was in Xinjiang ...the other one is / was in Sihuan ! Chinese govt. is chasing miners out in those two exact provinces .... see below !!!!!
"Yesterday, news.Bitcoin.com reported on a document written prior to January 5th indicating the desire of Xinjiang Province regulators to expel cryptocurrency miners from its jurisdiction. The document states “To curb financial risks and encourage the real economy, approaches must be taken to guide miners toward an ‘orderly’ exit from the business,” and mandates that mining companies submit status reports before the 5th of each month."
"In November, a document surfaced suggesting that a state-owned power company in Sichuan would seek to crack down on bitcoin mining,"
"Canoe Pool (Chongqing Yuhuan Technology Co., Ltd.), led by its founder Ang Li since 2013, is one of the fastest growing bitcoin mining companies in China with two large-size mining farms in Sichuan and Xinjiang, "
https://news.bitcoin.com/confusion-grows-surrounding-official-chinese-position-regarding-bitcoin-mining/?utm_source=OneSignal%20Push&utm_medium=notification&utm_campaign=Push%20Notifications
http://www.nasdaq.com/press-release/santo-mining-and-canoe-pool-announce-exclusive-american-licensing-agreement-20171028-00006
perfect storm brewing here ...........
Worth repeating Integrated Ventures financial update
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@IntVentures
1h1 hour ago
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Financial Update will be ready tom 9.30am/Tuesday. Mainly due to the major travel related delays.
NEWS - REVENUE REPORT ON THE WAY TOMORROW OR MONDAY !!!!! This transparency is unheard of and awesome !!!!
Integrated Ventures
? @IntVentures
10h10 hours ago
Hello Shareholders.
What was your wish on New Year?
Nice revenue report?
Clean balance sheet: meaning cash and ..... no convertible debt?
Sound good?
You got it!
Financial update tomorrow or monday.
Fear not - we be real and moving ahead ;)
Technicals Datas
IP-based Geolocation of Canoepool.us : flag US United States | California | Los Angeles
DNS Status : Online
frank@yglesias.info
OR they have shut down a portion of their machines and are relocating them out of China ;) .
I saw that on EDGAR ....that guy is some kind of business consultant on mergers and a myriad of other services he offers companies..... Chad something or other is his name ......
China squeezing miners out .....
Reuters Article dated 1-3-18 ... Li saw this all coming - bodes well for us !!!! ....
In September China ordered all initial coin offerings to cease and all cryptocurrency trading exchanges to be shuttered with the aim of containing financial risks. Bitcoin miners have feared that they could be the next target.
BEIJING (Reuters) - China’s central bank told a top-level government internet finance group that the monetary authority can tell local governments to regulate the power usage of bitcoin miners to gradually reduce the scale of their production, a source said.
At the meeting, the PBOC said development of bitcoin mining will be limited, according to the source, who declined to be named as he is not authorized to speak on the matter.
CHIFLOW I agree ......How deep are Canoes pockets...... "DORAL, FL / ACCESSWIRE / October 28, 2017 / Santo Mining Corp. (the "Company"), (OTC PINK: SANP) is pleased to announce the execution of an exclusive licensing agreement with Chongqing Yuhuan Technology Co., Ltd. one of China's largest cryptocurrency mining companies with a total global mining hash rate of almost 2% and a year to date reward of 1,537 bitcoins, also known as Canoe Pool. Under this exclusive licensing agreement, Canoe Pool will provide technical and developmental support to develop the bitcoin currency mining pool platform for Santo Mining. Under this co-operation and licensing agreement, both companies will create a mining pool called Canoe Pool America for the exclusive bitcoin mining in America.
year to date (2017) reward of 1537 bitcoins *$14,675 = $22 ,555, 475
Obviously money is spent to mine this amount but you get my point - we are WELL connected here .....
Yes, I think he gets a pass for all the other business pursuits that didnt work out previously ...but those pursuits eventually got him into contact with Li and at his front door ...so maybe that was the painfull path shareholders had to take with him to get us all here ....besides penny manipulation going on - the dots in my opinion too are lining up , inbound industry expert and industry player is huge alone !!!!
No clue ....can somebody answer here who has been through a ticker change ?
Lets have a healthy discussion on what EXACTLY we are buying here as to peg its future value ..... from what I have read ........
On the other side of this merger we will NOT be SANP as you have known it all these years and its various pursuits .....
We will be a NEW co. focused on crypto mining with alot of resources behind us... (Li and all his capital , i.e. deep pockets, possibly some of his existing mining machines relocated ? , his pooling business model expertise etc....$$$$$) Recall he needs relocation due to Chinas unfavorable view towards cryptos .....
With the new co. comes a new ticker ...with a stock split I would imagine right off the bat ??? Share structure : so more than likely your share count goes down to a fraction of what you had before but its price per share immediately goes up .... what does that do to our share price in the long run exposing us to different class of investors because we are no longer a sub penny ?
My beliefs are since the one with the money usually runs the show Li is in fact running the show right now (which is great) . A guy who owned 1.7% of the global mining pool share with Canoe !!!!! .
IMO at the end of this we are a new co., with a crypto industry expert at the helm and his bank account backing us and growing a crypto pool business based in the US . Whats that worth - A Hexx of alot if you ask me .
MGTI with crazy John Mcafee at the helm is at $4.45 as of right now.... they are scattered and not focused on crypto mining alone ....
Drumroll please - based on Li Angs involvement here and ALL that brings I am saying we are a $3.00 pps co. at the end of all this to start ...
Lets have a healthy discussion here.....
Yep...awhile back they already told the Chinese exchanges to return everybodys crypto "coin" money back to them which was telegraphing China IS NOT crypto friendly....I think "LI" saw this coming beforehand and wanted to get out of China A S A P before the regs got even tighter ...enter Frank and Matt ....now VOILA the Chinese are further / slowly finding ways to put miners out of business via electric costs etc .... we are ahead of the industry shift - so you can pretty much say Li is a visionary , saw it coming , reacted quickly to implement his plan to setup shop in the US which is crypto friendly (so far) and additionally setup quickly a public ticker . !!!!!!!!!!!!! GREAT FOR US ALL HERE !!!!!!!!! Go $SANP$ .
WELL SAID - my sentiments exactly.
Interesting that "we" owned that storefront that is no longer....where did that money go when he sold it ? Surely he could have paid his house off with the proceeds from that that along with the $350k in deferred compensation he paid himself ........ Karma !
It can happen...more optimism to start the new year ....
Only three days ago we reported how another of Sebag’s companies, Tel Aviv Stock Exchange-listed Natural Resource Holdings, saw a 1,300% jump in its stock price since it announced a switch to mining cryptocurrencies. The price of the company’s share continued to rise since and it is now up about 3,750%.
A little more optimism to start the new year ....
Only three days ago we reported how another of Sebag’s companies, Tel Aviv Stock Exchange-listed Natural Resource Holdings, saw a 1,300% jump in its stock price since it announced a switch to mining cryptocurrencies. The price of the company’s share continued to rise since and it is now up about 3,750%.
BTW the loan and terms were reported to the SEC as well ....so I guess they are lying to them too ;)
https://docs.wixstatic.com/ugd/189d55_a669d7ea4f4a4a2c8b5b06736204b05a.pdf
things looking good here IMO ............
TRANSPARENT PINKY : Dont want to jinx it ... this is appearing to be the most transparent pink I have ever played .... ONLY if you have nothing to hide could you be this transparent.....
Account balances on Twitter - love the transparency quick math says $119k
Integrated Ventures
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@IntVentures
2h2 hours ago
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Starting 2018 with a bang. Coinbase $47,940. Paypal $45,000. Bank $27,500.
2 replies 3 retweets 7 likes
Reply 2 Retweet 3 Like 7 Direct message
Integrated Ventures
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@IntVentures
2h2 hours ago
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We launched on 11/22/2017. Just saying...
$34,000 in litecoin mined so far per screenshot tweet 2 hrs ago
"
Integrated Ventures
@IntVentures
2h2 hours ago More
Litecoin is running and we switched few weeks ago. We know how to roll!"
Yes ! So people need to realize more importantly that this is a partial relocation mechanism from China for Canoe.... China is chasing miners away ....miners see troubles ahead with the Chinese govt who are anti crypto ....and being a publicly traded co is NOT a rumor - it came from Li .
"We are still facing great uncertainties at home about the future of digital currencies. Mining is not immune to it,” says Ang Li, Chairman and CEO of Canoe Pool. “Through our partnership with Podwerks we feel confident we can begin building our first mining pods by the end of the year. We look forward to working together and generate more profits for our shareholder. After all, we will soon be a publicly traded company,” added Li.
IMO if the Canoe merger doesn't happen this is toast ..100 rig revenue estimation - $INTV$ is basically in the same stage of early development building a farm with rigs of their own and already mining...from 100 rigs they claim in three weeks $34K in total coins from Bit , Ether and Litecoin mining ...so $45,333 maybe for say 28 days...so with 100 rigs we could expect the same in revenue I would imagine or ~ $540k a year .... B U T I believe Canoe.US is going after bitCASH however not sure if SANP are mining other coins .... at 2k machines as SANP mentioned that's ~$10,800,000 a yr before any expenses........ so with a 100 machines online you are a half a million dollar a yr co in revenue before any bills are paid ... FWIW .
I think one of the docs basically had 55 % going to SANP - 45% to CANOE...someone go back and look at those docs ..... I am done trying to sift through all this ...its going to be a ride to either a COMPLETE bust or boom .....I am holding on to what I have and letting it ride .....
Who in the hexx would buy cigar or wine store penny stock lol..... I think he is swinging for the fences this time ;) .
I think everyone isnt realizing ....after the merger if in fact it actually happens ...we get a new symbol and I guarantee you a stock split . Whats the "new" co. worth at that point (a big crypto industry player with at one time 1.7 % market share and some pretty good seed cash behind it ????? I am guessing $$.xx. What you are playing here (and I mean "playing") here is POST merger value and a new share structure that goes along with it. IMO ...FWIW .
Joking here - they sure are doing alot of work behind the scenes, taking photos , traveling to China , Vietnam , posting pics of plane tickets and putting alot of things out there and into the record just to pull off a simple P+D scam LOL...... but maybe thats how its successfully done .......
canoepool.us
Updated 11 hours ago
DOMAIN INFORMATION
Domain:canoepool.us
Registrar:GoDaddy.com, Inc.
Registration Date:2017-09-16
Expiration Date:2018-09-15
Updated Date:2017-09-26
Status:clientTransferProhibited
clientDeleteProhibited
clientUpdateProhibited
clientRenewProhibited
Name Servers:ns.inmotionhosting.com
ns2.inmotionhosting.com
REGISTRANT CONTACT
Name:Franjose Yglesias-Bertheau
Organization:Cannabis Depot Company
Street:3105 Northwest 107th Avenue
City:Doral
State:Florida
Postal Code:33172
Country:US
Phone:+1.8444204203
Email:email@yglesias.info
ADMINISTRATIVE CONTACT
Name:Franjose Yglesias-Bertheau
Organization:Cannabis Depot Company
Street:3105 Northwest 107th Avenue
City:Doral
State:Florida
Postal Code:33172
Country:US
Phone:+1.8444204203
Email:email@yglesias.info
TECHNICAL CONTACT
Name:Franjose Yglesias-Bertheau
Organization:Cannabis Depot Company
Street:3105 Northwest 107th Avenue
City:Doral
State:Florida
Postal Code:33172
Country:US
Phone:+1.8444204203
Email:email@yglesias.info
Again I am not trying to convince anyone ....There apparently is a Domain machine up and running even though it is not serving up "content" for all to view here like a traditional webpage you are used to visiting are the stats of that test
New Test
Result URL: canoe.pool.us
Load Time: 644 ms
Tested on: 27 Dec 2017 11:26:30 AM
Check Website Availability |Ping Website |DNS Analysis |Find IP |Find Location
Find Location Results: 27 Dec 2017 11:26:30 AM
Location information : canoe.pool.us
Country CodeUS
Country NameUnited States
RegionArizona
CityScottsdale
Im not here to try and convince anybody - we are operating on shreds of evidence so far ...here is another back around Sept 16th domain was apparently secured ....
Domain Name: CANOEPOOL.US
Domain ID: D61344664-US
Sponsoring Registrar: GODADDY.COM, INC.
Sponsoring Registrar IANA ID: 146
Registrar URL (registration services): whois.godaddy.com
Domain Status: clientDeleteProhibited
Domain Status: clientRenewProhibited
Domain Status: clientTransferProhibited
Domain Status: clientUpdateProhibited
Registrant ID: CR289653878
Registrant Name: Franjose Yglesias-Bertheau
Registrant Organization: Cannabis Depot Company
Registrant Address1: 3105 Northwest 107th Avenue
Registrant City: Doral
Registrant State/Province: Florida
Registrant Postal Code: 33172
Registrant Country: United States
Registrant Country Code: US
Registrant Phone Number: +1.8444204203
Registrant Email: frank@yglesias.info
Registrant Application Purpose: P3
Registrant Nexus Category: C11
Administrative Contact ID: CR289653880
Administrative Contact Name: Franjose Yglesias-Bertheau
Administrative Contact Organization: Cannabis Depot Company
Administrative Contact Address1: 3105 Northwest 107th Avenue
Administrative Contact City: Doral
Administrative Contact State/Province: Florida
Administrative Contact Postal Code: 33172
Administrative Contact Country: United States
Administrative Contact Country Code: US
Administrative Contact Phone Number: +1.8444204203
Administrative Contact Email: frank@yglesias.info
Administrative Application Purpose: P3
Administrative Nexus Category: C11
Billing Contact ID: CR289653881
Billing Contact Name: Franjose Yglesias-Bertheau
Billing Contact Organization: Cannabis Depot Company
Billing Contact Address1: 3105 Northwest 107th Avenue
Billing Contact City: Doral
Billing Contact State/Province: Florida
Billing Contact Postal Code: 33172
Billing Contact Country: United States
Billing Contact Country Code: US
Billing Contact Phone Number: +1.8444204203
Billing Contact Email: frank@yglesias.info
Billing Application Purpose: P3
Billing Nexus Category: C11
Technical Contact ID: CR289653879
Technical Contact Name: Franjose Yglesias-Bertheau
Technical Contact Organization: Cannabis Depot Company
Technical Contact Address1: 3105 Northwest 107th Avenue
Technical Contact City: Doral
Technical Contact State/Province: Florida
Technical Contact Postal Code: 33172
Technical Contact Country: United States
Technical Contact Country Code: US
Technical Contact Phone Number: +1.8444204203
Technical Contact Email: frank@yglesias.info
Technical Application Purpose: P3
Technical Nexus Category: C11
Name Server: NS35.DOMAINCONTROL.COM
Name Server: NS36.DOMAINCONTROL.COM
Created by Registrar: GODADDY.COM, INC.
Last Updated by Registrar: GODADDY.COM, INC.
Domain Registration Date: Sat Sep 16 13:26:23 GMT 2017
Domain Expiration Date: Sat Sep 15 23:59:59 GMT 2018
Domain Last Updated Date: Sat Sep 16 13:26:23 GMT 2017
DNSSEC: false
Agreed .
FWIW because China is possibly going after miners next and shutting them all down , wouldnt you pull up stakes and head elsewhere ASAP ?
https://www.ccn.com/chinese-bitcoin-miners-consider-moving-operations-overseas-amid-potential-ban/
Its all about continuing operations ASAP - buying a shell is a quicker way to get in the US becoming a public traded entity / symbol / not going to be shut down by the govt ....
Lets face it they are giving Canoe a ton of prefereds (as they should) to lure them -facilitate this merger ..... they can use those to finance setting US mine(s) up ....
Its of little risk / cost to Canoe to get this setup ...ship some existing hardware over here (inside podwerks pods maybe - lol) ,purchase domain names , setup the severs , flip the switch on miners and the miners in the network and you are up and running....
around 12-16 I think it was Canoe began mining again - from what location - I dont know -but they definitely shut ops down for awhile and in my opinion relocated somewhere indicating that move out of China....
FWIW
go to post 65212 and read supposedly Canoe told their members they were shutting down and to get all their funds out asap ....Razlin Tuesday, 11/14/17 06:22:59 PM
Re: None
Post #
65212
of 80451 Go
CANOE POOL CHINA IS CLOSED!! HOLY CRAP!! SANTO IS RIGHT THERE TALKING TO THEM!!!!
translated from canoe pool site:
Announcement on the Canoepool team's indefinite cessation of the operation of the BTC Mine pool: Since Bitcoin has been coerced by some hostile companies and research and development teams, it has seriously deviated from the white Paper and the original intention of the Bitcoin, reduced to a group of sinister shameless to realize their unspeakable self-interest and insult to the public IQ tools, Canoepool team After careful consideration, decided on November 14, 2017 24 o'clock indefinitely stop the operation of the bit coin pool, November 15, 2017 settlement all proceeds, please leave the mine friends in time to evacuate BTC ore pool, so as not to cause loss, Canoepool team will soon launch and fully support Bitcoin cash pool, thank you mine friends for a long time understanding and support! November 14, 2017
Agreed.... Li is always looking ahead it appears ....thats why the wheels were started months ago on this apparently ahead of Chinas disdain for cryptos- hes getting out of China out of necessity , hes focusing efforts on bitCASH rather than bitCOIN....