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SANP is going to make air-conditioned pods filled with mining equipment. There will also probably be placement of said pods in lower electricity states or areas where solar panels can be installed and effectively bring down electricity costs of cooling and powering the mining equipment. Nevada does not tax bitcoins but I see operations expanding in other jurisdictions like Washington that has cheap electricity costs. They will need to buy many more S9 for bitcoin and other hardware for other alternative currencies to remain profitable outside of their existing "pooling" capacity in China.
You will see other Chinese-based pools or private miners leave China and go into the US in 2018-2019, and other areas, IMO.
When you see it hit day lows most day lows are "fake" as I put in one or several 999999 orders and never get filled. Its to push people to sell and push retail to stop losses (MM know stop losses). It may be red today and float around red mostly until early next week. (1) Canceling more shares with proof, (2) pictures and forms regarding MJ products and their copyrights/trademarks and applicable pending patents, (3) updates on deliverable and sale forecasts regarding MJ products per market, (4) JV or partnerships regarding licencing to sell and/or grow in other states. These 4 updates will be major catalysts pre-2018.
Need to stomach red on days and also stomach the risk
Just bought at .0003 again and averaging down. Will sell highest blocks on next run and keep my .0003-.0006 for when PPS will be driven by earnings in 2018 from MJ sales. Risk here of course. But if things go through as stated and planned this will be a major multi-multi-bagger.
Cant wait for more updates in the next two weeks (I do not expect anything this week IMO)
I'm buying if it dips under 15 tomorrow this way I can sell those higher positions as this explodes in the next year on settlements. I'm going to keep a stake long for sure... I've had position here since last April selling and mostly buying on dips. I don't think we will see under 12 again unless red presses some to sell. And if it goes to 8 again I will buy and hold those.
I've put 999999s not get filled at day lows. MM waiting just like us haha and helping shake the tree. Anyone selling is a complete moron right now honestly.
Added 10s to avg down from 14s. Will be an interesting and exciting EOY I hope.
One of two things will happen:
-No debt or dilution, money from harvest = money going forward for more business/earnings OR
-They make new company after harvest and drop SH like they have similarly done in past
We'll see
No one knows what they "will" do; I am starting what they legally "can" do. Risk/reward yes but a lot of risk.
You haven't read the DD. Selling will happen in 2018 with partners and also locations once trademarks/branding/patents are filed.
The RM can be done in a way to wipe out previous investors so there is plenty risk here
There can still be a lot of risk here with $RMRK until more information is presented (in forms not emails or tweets). For example the RM can be done in a way to destroy a portion of the original shareholders. I don't think this will happen.
A lot of risk here. Could be a big pay off by just throwing a few hundred or thousand dollars here - only throw what you can afford to loose. Should be a fun next weeks if we get the right updates/forms
I'm Greek. These people (this family in particular) is not a "normal" Greek family. Most people work very hard when they have work - these people don't work. Like most American millionaire/billionaires theydon't do sht and feed off the rest of us.
I didn't sell today
playing the probability this will go up more.
Everything that happened was legal --- you can go hire lawyers and maybe recover a little something but its water under the bridge once the judge authorized Chapter 7.
Read 8-K or my previous post - this is literally worthless now.
I rode the bumps twice and unloaded before dive. Shame could of have much more potential.
BTW I took gains to SANP
DON'T BUY READ 8-K QUOTE HERE
Glad I got out at spike before crash.
8K Reads:
"The Company believes that its stockholders will not receive any distributions in or after the liquidation proceedings, and, accordingly, that the shares of its common stock are worthless."
When Beyond Commerce drops below 12 i will enter again needed money for Santo Mining Corp
Late to the party but I picked up a small position here in anticipation of the news and updates- not a pure cryptocurrency play but still risky. Expecting news EOW this or next
Sold BYOC nice run --- another drop before run again?
Gallant has many options- staying public, going private, selling this part keeping that part, staying public and new ticker or same, restructuring, but shareholders have a lot of risk because of the many options they have the majority of these decisions can include shareholder destruction with legal protection for company.
A lot of risk until PR or forms say otherwise securing a plan for the current shareholders and ticker. I have a small position. This is the highest risk play in my portfolio right now. GLTA
picked up a small position.
very good play especially once Chile red tape is cleared up (high grade brine lithium there).
we will have to go with the Cobalt mine and other possible acquisitions until Chile updates. Only movement but up from here IMO. And yes there is a good deal of risk here too.
I played this stock since April.
This will tank to .01/.02 easy
This has become a finance machine for Hudson Bay and others. Recent filings happened to prevent Investors from sueing --- Jenny and Board are aweful.
I will re enter when I think next run will happen. No long position anymore and only will play runs until fundamentals change. I made money up and down when it was on Nasdaq
There is a large amount of risk here because owners can do things to destroy current common stock holders. Updates on: Ticker, Restructuring, equity, and expansion plans will calm the waters. Too much Bid/Ask manipulation here. I'm long until my exit PPS and picked up a small position. The risk is real I understand - but ... I'm holding for GAINS in at 16 and 185 (I bought and sold 2 runs already).
It may drop some more --- Clay is here and his short army is strong. I. Am sticking around but it might hurt a bit. Hope we keep up with momentum
Some powerful statements in the filings:
"The business model the Company has developed does not limit Cannabis Consortium to a single state or two. Instead where ever Cannabis is legal for medical or recreational purposes, Cannabis Consortium will have a
market to sell into."
----There should be updated by Thanksgiving 2017 with the legal updates on Trademarks Patents etc on the products
"Cannabis will only seek licensing in a total of four (4) markets: Colorado, Florida, Nevada and California; and will use licensing and Joint Venture agreements in all other markets."
----JV in Oregon for Example
"Under the Non-cancelable Exclusive Master Sales
Agreement Trans Global shall be entitled to 50% of income from the sale of all products offered by
Cannabis"
----Remember stock transfer is Voluntary and .10 base for Cannabis for accounting reasons. More developments to follow
"By the second quarter of 2018 Cannabis should have its first edible license and facility established. The
license and facility will allow Trans Global to sell Cannabis pre-filled devices direct to retail-facing
vendors for up to $5 per unit, and direct to consumers for up to $8-$10 per unit"
----REMEMBER this is still a "Risk Play" but evidence is looking good.
Seems like MD wants us to stick around until after Q2 2018. I will keep decent position if PPS hits and over .0027 by EOM and .01 by EOY. Low probability but we'll see.
http://www.otcmarkets.com/financialReportViewer?symbol=TGGI&id=180522
Thank you for your kind words.
Hope to be of help here. Will post in other forums/stock tickers possibly if this grows on me.
I am not a basher or pumper. This is indeed a risk play since we are pre-revenues and restructuring. The ball IS NOT in our court, but I have data to indicate this will go up considerably.
GLTA and this will be a fun month. Haha
I don't expect PR today AH but by Thursday yes (to prevent sell off Friday and the creation of semi-legit resistence going into more Cannabis PR)
Hi all.
First time post but I'm a seasoned trader.
My 999999 orders at .0003 and .0002 are not getting filled.
Just want to point out there is some bid/ask Manipulation. This stock is performing as an OTC pre run stock. You will see dips on ask/bid that may not be reflective of true price. After PR I expect a nice 50%+ base from PPS now forming. If share reduction at 2-3 billion we will see .003-.004 easy.
Financials on Cannabis Consortium and developments leading to California MJ legalization in 2018 and with selling licenses in CO, OR and Washington will have revenues bringing this shell to very decent ER post Q1 2018.
A good swing trade to get our at .0027 but a greater Cannabis Play once licenses secured then we will see pennies before next 2018 ER.
Buy ANYTHING below .0005 if you can.