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Someone recently wrote to Frank. Did we hear back?
How so?
Only the beginning. :)
Thanks Cash!
Thanks MNKD and Dbuc! Much appreciated. So neat to see things moving albeit slowly but still moving nonetheless. :)
No worries! Thanks for being so responsive. And is the 10q following new or old year end?
So it's mighty late?
Thanks LG! I guess I'm not seeing that amounts to much.. Can someone explain what this means in laymen's terms? Good or bad?
Right there with ya.
I agree with you. Literally the one and only reason why I'm still here. These guys better shape up and cough up some solid news quickly before the pps hits the gutter. So far they are just an embarrassment in my portfolio.
Management is nowhere to be found. News? I don't think so.
Obviously people selling to lock in gains. The longs will prevail.
Hi Cash! What is POA? Thanks in advance.
This might be the hottest thing even beyond otc land... Incredible stuff. I don't see a product more relevant to the world population than this.
Cents today?
Thanks for your insights MJ!
You mean .1?
Sorry...new to this board. Why are we comparing these two?
Hanging in there myself.
Yahoo Finance updated IDNG's company name to Redhawk!! Slowly but surely happening.
Much hoopla about nothing yet again.
Wow. Almost 100M volume and we're still stuck at .0004.
Hang in there everyone. From my previous conversations with the CFO, I'm really appreciating the magnitude of what they can land in due time. Pulling off a major deal with all the parties involved in UAE/Dubai is a great feat and requires all the pieces to come together perfectly. It seems hard to do but very doable given time and perseverance (which I know we have from the CFO) and a little bit of luck. IMHO of course but I mean it guys. Hang in there if you can. I believe this will be worth the wait.
On whose board?
Yes I know that: Franjose Yglesias. But he goes by Frank.
Excellent points MNKD. HAWC strong!!
CEO's name is Frank (not Jose). I wish all of us and the CEO much success in the months to come with Cathay.
With the difference being that the book content is also changing as we speak in the case of SANP. Both title and content change and many more good things to come IMO. The beast that is SANP has awoken. Petty little daytraders will be squashed soon.
Hate these clowns...
Does anyone have management's email? I'm sending an email to them with some questions. Please also send me your emails if you want to join me so we can pressure them to talk. I will cc you. Thanks.
Someone sold 9M shares for .0003. They probably got those shares at .0001. So made about $1800. Minus 40% tax so a whopping total of just over $1000. Really sad if you ask me. I hope these cockroaches are done soon. At least I hope this one trader is gone. Good riddance.
That would be nice
I bet they will regret soon.
You bet! GLTA!
No problem!
Exactly. :)
Indeed. SANP is that rare diamond in the rough land of OTC. So thankful to be here.
Heard back from CEO again. IMHO this is the real deal folks. Enjoy!
CEO responses after "[Frank]"
-------- Original Message --------
Subject: SANP - questions from a long investor
From: jhinvestor <jhinvestor51@yahoo.com>
Date: Wed, October 21, 2015 4:12 pm
To: "frank@cathaycigars.com" <frank@cathaycigars.com>
Hi Frank,
I hope you're having a great day. Thanks again for answering my earlier questions. I just had a few more questions:
1. I am quite heavily invested (several million shares) with your company along with other shareholders and we are getting quite concerned with the continuous drop in the share price. What are your thoughts on that and what is your level of confidence that this drop is only temporary and we will see gradual increase in PPS soon?
[Frank] As I see L2 during the last few weeks, I see a constant group of day traders bringing it down and then selling on the up tick. I'm very sure you see the same thing. I wish I had control of this, but we don't. The only way to get out of this revolving door syndrome is to have more long term investors. We are being manipulated by a same group of day traders.
2. I understand that you don't plan to do a shares buyback so that the company has the ability to make acquisitions in the future with authorized shares. Given that there are revenue streams coming in, wouldn't it make sense to start relying more on growing revenues for future acquisitions? In addition, a shares buyback program that brings back the number of issued and outstanding shares down in the millions (and no longer over a billion) will definitely increase your PPS. I believe an increased PPS will also benefit future acquisition plans since each share will have more buying power.
[Frank] We have some plans, that unfortunately I can not get into detail at the moment concerning acquisitions & true buybacks, not a Pinkie CEO PR Stunt, additionally all profits go back into purchasing inventory, for resale. The heart of the company is SALES....
3. I wanted to make sure I understand the history of your company correctly. I had thought that you had acquired Santo Mining several months ago, but I read on an investor's forum that you actually have been running essentially the same company (i.e. all the same operations) but under a different name and ticker symbol. It seems that it was really only an acquisition of the Santo Mining name and ticker symbol, is that correct?
[Frank] My private company Cathay Cigars of Asia was reversed into Santo Mining Corp., its all evident in the 8-K filed in April of 2015, you can see the filling on the SEC website. You seem like a savvy investor and individual, you should not take any value in what investors forums like "iHub" say or post.
4. When will the official name change (and ticker change) to Cathay Cigars take place?
[Frank] We are focusing on all the financials, disclosure statements, material information and attorney letter to make the company OTC Current. Once this is done we will file a name change in Tallahassee and the request a symbol change with FINRA.
Please note that, as long as I believe in your company and its great prospects, I will remain a long investor. I plan to hold onto my shares and watch its value grow as your company proves its leadership in the cigars market and expands its market share. I'm just looking for peace of mind that your company is doing right by serious investors who want to believe in the great future of Cathay Cigars.
[Frank] I thank you for being an investor of company and not a Day Trader. We will continue to grow the company and focus on creating value for your shareholders.
Thank you in advance for your insights.
Kind regards,
Xxxxxx
Should we all collectively send management an email?