Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Sorry for you, but you must be the idiot. Miners keep mining at a profit as long as value of coin mined exceeds electricity costs. Not to mention, the daily amount of coins mined is increasing as more large farms begin to shut down. A little research also shows that this kind of severe cryptocurrency dip in price is normal for this time of year. It's tiring to constantly have to listen to the mindless and uneducated on this 'investors' hub.....
He's lying through his teeth to instill panic selling and pick up cheap Bitcoin.
Then he said, "Why would I take a position in something I know nothing about?"
Why should we care about an OPINION of someone who blatantly admitted they don't know what they are talking about!? How is this news???
FYI S9 antminers mine on SHA-256. This algorithm includes BCH. Whomever stated that S9s only mine Bitcoin was flat-out wrong. They also mine Bitcoin Cash.
BTC and BCH back on the rise! Whew, had me scared there for a minute.
Why buy in the teens? This will definitely be back to trips.
The sell-off is coming shortly.
This steaming pile of excrement will head well into trips unless there is a PR soon. See this happen way too much with this stock. Hype is done.
I agree with your sentiments. I have been a shareholder for some time now and am all too familiar with the incompetence of this company's dealings. This current price hike is simply hype. People keep talking about a website too. There is no website! Canoepool.com is continually in and out of service. Even when it works, it's just a graph with a green line. And, even if that is their hashing power for Bitcash, what does that have to do with Santo. Also, Santo.io is a website of no substance which was supposed to be fully functional a month ago, and canoepool.us is an image company!? Where are people getting this 'website' from?
If it weren't so sad, it'd be comical how diluted people are just to fulfill their dreams of becoming rich through a company that essentially has no assets or revenue. Oh yeah, and bitcash is going down again..
I am a shareholder of SANP and want the best for everyone here, but let's be honest. There is no substance to any of the hype here. This stock will continue to fall in price until some real proof of mining and revenue is documented.
GLTA
This is correct. No way this hype will last unless they post a PR. I see it going back to trips again.
I see no canoepool.us. Total rubbish...
They won't. Been following this stivk too long. Even if they tweeter an update, they won't follow through on deadline. Pretty dad, this group of hacks...
This is going back down to trips. The joy is over. Been watching too long. No surprise here. No updates on mining. Broken, faulty website. Great job SANP....
what website is everyone here talking about? All I see at canoepool.com is a picture of an iPad with a green line on it.
Narcissist? I was making a point that this PPS will NOT hold unless they update by EOD since it was their highly-touted mining deadline. Did they make the deadline or miss it? And, as far as a website, canoepool.com is going in and out of service, so it's obviously being worked on for who-knows-what. And, santo.io has nothing of substance, even though they told everyone that there was going to be a fully-functional website by the end of November. Obviously, you are not abreast on the simple facts of this company's developments. Perhaps the narcissist is yourself; blindly believing in what you hope to happen rather than what is going to transpire? I am invested in this stock, and I hope that I am wrong short-term, but I would be foolish to not see a major dip in price if nothing transpires as far as a news update. This could very well be a great investment long-term, but the fact that this company has repeatedly missed dates in their tweets can leave a shareholder wondering what is actually going on here.
I'm sorry, but I've been watching this stock too long. This PPS will not last without a PR update. Sure, there is a lot of long-term potential here, but I foresee a large dip in price if the company doesn't update shareholders soon.
I have been watching this stock since the middle of October. I am fully vested and hope for the best outcomes for all of us longs. However, I fear that no news will come tomorrow and we will see a sharp drop in PPS. I saw it at the end of October when they released news of the licensing agreement. Sure, this may be a great play for a long-term investment, but until we have full proof of mining and the revenues that follow, this intense PPS hike will be all for not. I seriously hope I am wrong on this, but I have my doubts about a 'blue sky breakout' if there is no reassurance from the company that things are on schedule.
Looks promising!
Was it discussed yet that www.canoepool.com is down? It has been down for a few days now. Either this is a good sign they are setting up new operations for Canoe Pool America to mine Bitcash, or it's a bad sign.... Hmmmm
This is more validation that SANP is a goldmine. We all know that Bitcoin isn't going anywhere. But, the FACT that BCH is now second to BTC in price AND CANOE's proprietary currency spells unlimited potential for SANP.
This is too funny. Why are people selling?
Ok, maybe. Still, support holding up at 14. SANP is going no where but up.
25,000,000 Share bought at 2:19pm eastern. How is this bad news again?
Investor Wire is NOT a reliable source.
This post actually false. "The Company" is just legal jargon to denote Soupman Inc.'s position in the bankruptcy case. I.e. The company, the debtor, the committee, the plaintiff, the defendant, etc. It has absolutely nothing to do with the ticker symbol. This is just total nonsense.
Hagan stated that they "look forward to keeping the public informed". Why keep public informed in a private company?? Just sheer nonsense.
http://originalsoupman.com/our-team/joseph-hagan
Hagan is excited to build on his previous work with the company by prioritizing meaningful corporate relationships, operating transparently and increasing Soupman’s reach across multiple different product lines.
Pretty sure you don't have to operate transparently if you're a private company. Patience, all. It is only a matter of time before we hear great news from the next PR.
The 51% ownership is hear-say and completely irrelevant at this point. Gallant Brands Inc. owns the company now. There is no PROOF of 51% ownership, that is correct. However, just because there is no proof doesn't make it untrue. Why would Friedman (in August) come after Soupman Inc. saying that Wealth Colony Management owned 51% if they didn't. Soupman's attorney simply wrote out the boilerplate "prove it" letter in response to buy more time from the inevitable takeover.
What is very provable is that Friedman and Hagan did buy millions and millions of shares of SOUPQ common stock. Where did it go? Did they sell it all? Why would they have bought so many shares in an empty shell if they intended to keep the company private. Hagan himself owns 22.1% of Soupman. http://originalsoupman.com/our-team/joseph-hagan
"Hagan is excited to build on his previous work with the company by prioritizing meaningful corporate relationships, operating transparently and increasing Soupman’s reach across multiple different product lines."
Very light trading. Everyone is holding. Trolls trying to get in for cheap. Pay it no mind. The race doesn't go to the swift or the strong, but the ones who endure 'til the end.
SOUPQ is currently rated as a BUY and HOLD.
https://midwaymonitor.com/company-on-the-radar-soupman-inc-soupq/276539/
The original owners filed for bankruptcy protection and got it. They never actually dissolved into bankruptcy. WC then bought Soupman Inc. and paid off their debt completely. Soupman Inc. is no longer bankrupt because it has no debt and has new owners (gallant Brands Inc.). The new owners Wealth Colony/Gallant Brands Inc. have dropped millions into not only paying off all Soupman Inc. debts, but buying millions of SOUPQ shares! Why is this so difficult to understand?
https://mtnvnews.com/can-soupman-inc-otcpksoup-q-go-the-extra-mile/204782
Such great numbers. 4 valuation score (1-100) with 1 being best. And, it's already in the Golden Cross territory. There is no where to go, but up.
https://www.thestreet.com/story/10870188/1/trading-a-stock-in-bankruptcy-5-facts.html ;
This is a very informative article regarding trading stocks going through bankruptcy proceedings. The Q will never fall off the ticker symbol, but that does not mean that it cannot be traded or that it is worth less. The take-home message here is that SOUPQ is extremely viable at this point. Gallant Brands Inc. dba Soupman Inc. will continue to trade under the SOUPQ ticker until a new symbol is issued. Even if a new symbol is authorized by the SEC, Soupman can choose to not issue it and continue trading under SOUPQ. If Soupman does issue a new stock, it can actually continue trading under both stock symbols. Also, once the reorganization plan is presented to shareholders, it may indeed prioritize current shareholders to receive the newly issued stock in exchange for their old SOUPQ stock.
Since Wealth Colony, Friedman, and Hagan all have invested in SOUPQ millions of shares, it is hard to believe that they would cancel the stock and render it worthless. My guess is that the reorganization plan will either continue trading under the SOUPQ ticker indefinitely, or it will issue new stock to current shareholders.
Typically, investing in bankrupt proceedings is extremely risky, but I would have to say it is actually a safe play to hold as much SOUPQ as you can.
The Gallant Logo at the top of this page isn't the correct logo for Hagan's company Gallant Brands Inc.....
https://www.thestreet.com/story/10870188/1/trading-a-stock-in-bankruptcy-5-facts.html
This is a very informative article regarding trading stocks going through bankruptcy proceedings. The Q will never fall off the ticker symbol, but that does not mean that it cannot be traded or that it is worth less. The take-home message here is that SOUPQ is extremely viable at this point. Gallant Brands Inc. dba Soupman Inc. will continue to trade under the SOUPQ ticker until a new symbol is issued. Even if a new symbol is authorized by the SEC, Soupman can choose to not issue it and continue trading under SOUPQ. If Soupman does issue a new stock, it can actually continue trading under both stock symbols. Also, once the reorganization plan is presented to shareholders, it may indeed prioritize current shareholders to receive the newly issued stock in exchange for their old SOUPQ stock.
Since Wealth Colony, Friedman, and Hagan all have invested in SOUPQ millions of shares, it is hard to believe that they would cancel the stock and render it worthless. My guess is that the reorganization plan will either continue trading under the SOUPQ ticker indefinitely, or it will issue new stock to current shareholders.
Typically, investing in bankrupt proceedings is extremely risky, but I would have to say it is actually a safe play to hold as much SOUPQ as you can.
People are clearly holding here. Big wigs know something big is about to happen soon.
Wealth Colony LLC. phone number has been busy all day long.
Gallant DID acquire the assets. https://www.linkedin.com/in/joseph-hagan-45388342/
Gallant and Hagan are dba as Soupman Inc.
This is exactly what is happening. Hagan and crew are loading at dirt cheap. It also helps shake out shorts that are not loyal. Kill 2 birds with one stone. Wish I could buy more than 1M shares.
Fair enough. I have done a fair amount of DD and still can't see definitively that this is as $$$ as everyone touts. At least not until more PR. I have bought close to 1M shares as it seems too good to pass up long.
Should I buy here? New to all of this. Is this really a smart play? Sounds like a great way to lose a lot.