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I remain positive on SANP ... too many blatent , traceable , specific announcements and logical connections this time around ...
GO SANP !!!!
ABSOLUTELY X2 ..... no try at being a huge player here , NO scam here, everything above board....we have found our base in the 1.50 ish range...
SIMPLY ITS A SCALING PLAY FROM HERE ON OUT !!!!!
IF STEVE KEEPS ADDING MACHINES AND EXECUTING FLAWLESSLY LIKE HE HAS WE H A V E TO MOVE NORTH TO THE $10 AND ABOVE RANGE ..... HIVE , RIOT - ALL THE OTHER BS "." BLOCKCHAIN STOCKS THAT WENT THROUGH THE ROOF FOR NO REASON ARE NOT RELEVANT HERE .... I SEE US BEING SNAPPED UP ONCE WE GET TO 1500 RIGS BY ANOTHER CRYPTO PLAYER WITH DEEP POCKETS MORE THAN LIKELY IS HOW THIS WILL GO DOWN IN THE END..... THEN ITS UP TO STEVE TO PICK A MULTIPLE OF HIS AVG REVENUE TO SELL IT AT THAT POINT IF HES SMART WHICH I BELIEVE HE IS AS ALL OF HIS CALLS HAVE BEEN RIGHT ON THE MONEY SO FAR .......
Big brother ...
1. This is a penny stock and naturally penny stocks come with elevated risks. We say time and time again to be careful, especially with a play like this because we can assure you that the SEC takes a much closer look at all penny stocks purporting to be involved in cryptocurrency in any way because of the many scams that have been taking place regarding them.
2. This is a penny stock reverse merger play with a company based in China. Penny stocks are already risky as it is but now you're further compounding that risk by this being a reverse merger play that in effect circumvents some of the rules established by the SEC for regular mergers, and then you further compound that risk by this being an overseas entity. Does this mean it is automatically a scam? No and this could very well see significant gains if these companies operate fully above board but as always exercise caution.
3. The key factor within this release centers around Bitcoin/Cryptocurrency and unfortunately cryptocurrency scams have become one of the favorite’s of today's scammers in efforts to separate people from their money and the SEC is keeping a very close eye on all things involving publicly traded companies and Bitcoin and it would be a shame to sink your money into a play that could potentially be halted if things go awry. If SANP and Canoe Pool are entirely above board, the negative mentioned likely would not factor, which would leave room for some more solid growth, so just be sure to watch closely, as this story continues to unfold.
http://www.pennystockdream.com/blog/santo-mining-corp-otcmktssanp-closed-up-13333-after-bitcoin-related-merger-announcement
The merger hasnt happened ...that isnt SANP .....
I read this a.m. regulators are yet again shutting down a few more cryptos ...dont know if this is a veiled attempt at getting rid of cryptos for circumventing the "regular" economy or what but regulators are out,,, Franjose and Matt better be on the up and up here and not pull a fast one or do any creative last minute splits etc. as Federal and State eyes are definitely watching this sector of investments . I have a feeling all this trip 4 and 5 selling is a ton of dilution coming our way .....
Canoepool.us has been live for a couple of months ..... dont know if they are mining but its been running awhile. It looks like it is in southern California .
"The 2 board members that no one can find ANYTHING on?"
One of Canoes websites has the responsible parties registered name
as one of the people newly named to the Santo board .
Yes written poorly - non specific- but its there and explains they will be paid in options - how much - no clue but the mechanism is options..... and every 90 days is mentioned .......
QSERV wrote :
"How they are doing any hiring, is beyond my level of understanding. "
Spike007 writes : From the agreement
"2. Compensation.
As compensation for the services provided herein, the Company shall pay to Director an amount of $75,000USD, paid in Stock Options. "
Qserv... Im just asking - not grilling you ...hexx I am not 100% sure myself here .......
1.) You are not buying the PR put out by Li that said they are in talks with Santo ?
2.) The supposed photo with Matt and Li together with 2 other guys ?
3.) The farm pic Matt supposedly took...since crypto was / is looked at unfavorable in china and kind of an underground industry I doubt they would let just anyone inside that facility to snap a picture of that mine being constructed inside .
4.) What about the fact that there is a LIVE Canoepool stateside server ?
X 2 !!!!! Mr. R is straight up and showing all the cards to shareholders...unheard of in PENNYLAND !!!! GO INTV .
https://www.canoepool.com/
It loaded fine for me and displays ,,,,,,
TRUE
I am in another called INTV ...they just had a $105k mining quarter ....SANP will skyrocket if this merger gets completed ...... its just dragging along....OR maybe its all been a lie ...take your pick.
X2 !!!! And provide health insurance which means they will be residing stateside .....Maybe Li wants a US address so he can enjoy his riches here 6 months residency at a time on a visa - makes sense to me !!! BTW how do we know they are not buying a ton of CHEAP shares back in the "quiet" here ...
I dont agree 100% ....a few simple tweets or pics of OUR rigs he purchased running with Matt or himself , a pic of our bitcoin wallet balance ,a pic of the board members with them signing etc .... nothing illegal , nothing that would jeopardize a deal with Canoe in those two examples ...yet again common sense - this would put everyone at ease yet THEY fail to do something so simple or give a shix ...instead they put up useless BS tweet about Kodak , or the bitcoin industry as a whole or the Chinese new year ,,,,he appears to be a complete Elitist -Narcissist and not give a damx about the "little people" his shareholders who actually own part of this company which has provided his living for the last 3-4 yrs .
I can believe your hypothesis ,,,but hes gone beyond safe harbor and to really great lengths and left an easy paper trail that could led to an easy conviction if this is in fact a P+D ... I dont think hes that dumb to have left a CLEAR paper trail like he has this time around ....Why not dilute every single last share he can on the way out the door ? He hasnt ???? So thats why I am still here .... Additionally I have been sitting on a tidbit I uncovered about a month ago but frankly (no pun intended) I am waiting for funds to clear to buy some more cheapies for myself .....then I will share FWIW ...and no its NO INSIDER BS or made up crap ( I am too old for that ) which you can check on for yourself ...just something I got lucky and discovered on my own which thickens the plot.....
Agreed : we are either all in here or nothing to be had here at all !
I understand all that...but what I am asking is the level of detail provided here this time around with Canoe in the contracts , photos, etc. different than his last deals with Cigars , Food , Marijuana etc ? Thanks your opinion is appreciated.....
I wouldnt even own a computer anymore lol.....
Renegade lets talk.... you dont see anything different here this time ....we had a pr issued by Li / Canoe stating they were in fact in talks with Santo. We have pics of their initial equipment buys / visits to China ,he has signed contracts with Chinese b.o.d. A website owner name jives with one of the Canoe board members names , we have details in that bod contract that are miniscule imo yet I think adds to its legitimacy - "the health insurance clauses" for the two bod - which tells me they are relocating stateside to run the build out for Li etc.... I am not saying these guys havent had a questionable past / black eyes on their ideas ....but in your opinion you do not see a level of detail in the RECENT goings on that is different than any of the prospective deals before ? I just want your opinion - I am not saying I am right - I just want your opinion based on the past deals / details which I wasnt around for etc ....
YOU HAD A 54 MILLION DOLLAR RETURN ?...............
Since 10 am 14:1 buys vs sells ;) .... IMO do all the
digging you want !
I try every day to find some tidbit out there in cyberspace to
solidify my position here....you can tell the difference between 1
tick flippers and the higher stakes holders here who truly believe
something H U G E is getting ready to happen here ,,,, AND
there IS NOTHING WRONG AT ALL WITH 1 TICK FLIPPING - just different
philosophies ....hope everyone makes money here no matter what your
trading style is !!!!
So lets go a little further and say Mr. R follows through and gets all 1500 rigs online at $11.07 a day ..... $16,605 a day at TODAYS coin rates !
its $1.494,450 ...$ 1.5 mil a quarter in mining only ....
a year it $5,977,800....so basically 6 million in revenue a yr from
mining ONLY ....
SANS coin appreciation
SANS retail sales
QUARTERLY PROJECTION AT 375 machines ...check my math
39 days 125 machines = $54,000
125 machines thats $11.07 per day per machine
So 375 machines is $4,151 a day times 90 days = $373,612.00
per quarter in mining revenue sans any coin appreciation along the
way ....
"Signing lease on tuesday. 5/7 days for minor build out. this place has tons of power. Will have 50 units connected in 10 days and 50 week later. This train is about to leave the station. Ignore chacha and 74SlimeRay. These 2 slimebags already got hit by INTV bus before $ bitter."
Thats what THEY said ...but honestly that made no sense to me $$$$$ wise ...you can buy a US mainland shipping container off ebay for $1500 dollars ...you could pay a US local electrician $3000 to conduit and wire it for you and for a total investment under $5k your wired and ready to drop in either 50 miners on racks or grow lights and fans and you are already stateside ....... so economically that made no sense .... what makes more sense in the story is they were sourced-built over there , filled with existing Canoe miners and shipped to their miner friendly country ...... IMO
They were traveling to Singapore and Vietnam according to tweets ...so maybe thats where Canoe decided to relocate ????? IMO
DC ...I think that huge dip in Canoe Pool mining stats awhile back was telegraphing to us all they were ahead of the game and moving all their mining equipment out of China AHEAD of the China exit orders effectively chasing all miners out .... then we saw pics posted on twitter via Santo of a "new" mine being put together somewhere in Vietnam I think it was ...will have to go back and look at twitter to confirm .... bottom line I think they relocated ahead of the crackdown ;) .... IMO .
Its up there ...bottom line for last Q2017 with only 125 rigs running (recall we have 380 in total but apparently the full 380 are not online pending the new location lease being signed ) ...
"During the three months ended December 31, 2017, the Company reported revenues totaling $105,088"
Integrated Ventures Reports Q2 Financial Results Including $105,088 Of Crypto Mining Revenues
PR Newswire
PHILADELPHIA, Feb. 14, 2018
PHILADELPHIA, Feb. 14, 2018 /PRNewswire/ -- Integrated Ventures Inc. (OTCQB: INTV)("Company") today reported the filing with the SEC, of its Quarterly Report (Form 10-Q), for its Second Quarter, ended December 31, 2017, with an official release scheduled for 10AM.
During the three months ended December 31, 2017, the Company reported revenues totaling $105,088, consisting of $59,498 in mining fees and $45,590 in mining equipment sales. The cost of revenues was $46,818, resulting in a gross profit of $58,270 and profit margins of 55%.
"The Company had successfully launched operations and received revenues from sales of mining equipment and from operating two cryptocurrency mining locations in Pennsylvania. As we have entered 2018 with a solid cash position, zero convertible debt, over 500k in mining assets while generating revenues of $105,088, in only 39 days of operations with outstanding margins," commented Steve Rubakh, Chief Executive Officer.
He also added: "Note that included in our net non-cash loss for six months ended December 31, 2017, was a non-cash preferred restricted stock-based executive compensation of $409,000, which resulted in large part from valuation of shares issued at increased stock prices. Excluding this non-cash expense, we would have reported a net income of $164,039, for the three months ended December 31, 2017."
Second Quarter Financial Highlights:
Achieved gross margin of $58,270 on total revenues of $105,088, or approximately 55%
Accumulated cryptocurrency assets with market value of $43,786 and cash reserves of $17,730 resulting from sales of mining rigs at December 31, 2017
Net cash proceeds from the sale of investments of $579,460 for the six months ended December 31, 2017
Investment in cryptocurrency mining equipment and supporting assets in excess of $310,000
Increase in total assets from $296,280 at June 30, 2017 to $508,105 at December 31, 2017, or an increase of approximately 71%
Decrease in total liabilities from $504,210 at June 30, 2017 to $214,946 at December 31, 2017, or a decrease of approximately 57%
Positive stockholders' equity of $293,159 at December 31, 2017
Subsequent to December 31, 2017, the Company had retired and highly dilutive warrants, previously issued to convertible debt holders
Eliminated remainder of the convertible debt through share exchange, using OTTV shares and conversion to the common stock
Completed an equity based capital raise in the amount of $160,000 by selling a preferred restricted stock
Received $720,000 in net proceeds from sale of 462,900 restricted common shares of the Company at $1.62 per share and a three-year warrants for the purchase of 347,175 shares of the Company's common stock, at an exercise price of $2.16 per share.
The Company had purchased or assembled in excess of $288,000 of mining rigs and the number of installed miners had reached 125. The total number of connected units is directly related to the availability of electric power, which had reached its maximum utilization capacity at our first two locations. In 2018, the Company had purchased an additional 255 mining rigs and plans to install them in our third mining location.
The previously planned real estate purchase of the third location has been canceled due to the power limitations. The Company is in process of signing a 2 year lease agreement for the facility, equipped with a 4000 amps heavy power service, capable of hosting of up to 1,500+ mining rigs.
About Integrated Ventures Inc: The Company is focused on operating subsidiaries in the digital currency sector. The current crypto portfolio includes: (1) BitcoLab – cryptocurrency mining and investing, (2) Nemesis – manufacturing & sales of mining rigs and equipment, (3) LoanFunder – the financial platform, designed to integrate with a decentralized and encrypted lending ledger, offers a secure, efficient, verifiable and permanent way of storing loan related information and (4) MMC – manufacturing, marketing and operating of mobile mining centers.
For more details, please visit company's newly launched web: www.integratedventuresinc.com.
***About Cryptocurrency Investments & Risks***
Integrated Ventures urges all current and potential investors to visit: (1) SEC website: https://www.sec.gov/news/public-statement/statement-clayton-2017-12-11, (2) NASAA website:http://www.nasaa.org/44073/nasaa-reminds-investors-approach-cryptocurrencies-initial-coin-offerings-cryptocurrency-related-investment-products-caution/ and (3) FINRA website:https://www.finra.org/investors/highlights/dont-fall-cryptocurrency-related-stock-scamsto understand the risks involved in cryptocurrency investing.
Safe Harbor Statement:
The information posted in this release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. You can identify these statements by use of the words "may," "will," "should," "plans," "explores," "expects," "anticipates," "continue," "estimate," "project," "intend," and similar expressions. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected or anticipated. These risks and uncertainties include, but are not limited to, general economic and business conditions, effects of continued geopolitical unrest and regional conflicts, competition, changes in technology and methods of marketing, and various other factors beyond the company's control.
Another clue / tidbit that things ARE progressing ;)
...I think he has gone down a rung to Secretray ,"CMO" chief marketing officer
..... in the Florida records he was in fact "Title VPD ARNETT, MATTHEW " ..I am assuming that meant Vice President / Director .
OTC markets updated....SR. EXECUTIVE VP - I like that .
"Company Officers
Franjose Yglesias
CEO
Lin Yong
Sr. Executive VP
Matthew Arnett
Secretary, CMO
Rolf Bansbach
CTO
Xin Pangan
Director, Bus. Dev."
$545,000 DOLLARS LEFT TO PRINT AND MAKE THIS MERGER HAPPEN ;) .......
Yes $$$$ ! We need to be hammering peoples heads here with post merger THINK Canoe / NOT SANTO - thats what we will be if this goes through and is legit .
Every single split I have been in ended in disaster - but in theory what you say is correct ;) .
I have learned in these pennys when they run they dont have to make sense necessarily in regards to OS share count...people jump in FOMO driven . A few I mentioned went to billions capitalization wise almost overnight .....
Crypto space stock plus the Canoe affiliation with their millions of dollars banked plus their hashpower / equipment obviously in place and running make the upside here INSANE . I stand by my prediction on that pps projection firmly .
This thing will ABSOLUTELY fly on the day of the announcement if we in fact are becoming CANOE .
Someone pointed out the other day a link to Chinas wealthy but I didnt chase it down to see if Li was on there ....was he ?
Everyone needs to get it out of their heads that we are still SANTO after that announcement - N O - we are rebirthed as CANOE at that point .
Also the Santo rant the other day on TWITTER points to we
ARE still working with Canoe....
My favorite parts
"Last Seen
Feb 13, 2018 @ 08:54 am ee502963e65ea2ac736f756c33a0...
Hash 160 BA507BAE8F1643D2556000CA26B9301B9069DC6B
Status VERY ACTIVE
USD Value $2,614,713.78
Balance
308.50369082 BTC
"
Wow they are definitely bringing more hash / machines online... I wonder how they are growing that fast recently ... well lets hope we are legitimately a part of that in the next few months,,,,,
I see this going significantly higher "IF" we are in fact becoming Canoe...a few of these cryptos have literally gone sky high CRCW , LONGFIN , RIOT - double dollars to hundreds of dollars pps -the possibility is VERY much here too.. ESPECIALLY with Canoe being a legit crypto player for many years with proven hashpower and revenue that goes along with that - not a pipe dream ...
justifications.....
1.) Li has been successfully mining for multiple years...Canoe has deep pockets .
2.) UNDERSTAND THIS FULLY : on the other side of this deal we are Canoe - no longer SANTO the penny play with a gray past ,current Santo management and philosophy is enhanced by 2 Canoe sitting boardmembers and Li of course .
3.) Honestly this has to be THEE biggest upside opportunity going in the crypto mining space hands down due and only due to the affiliation with Canoe.
4.) I was part of a penny stock years ago with 10% or less the potential of this deal and it shot to .31 cents - again that was a mere fraction of the potential of SANP.
IMO there is absolutely NO VALUE here if the merger doesnt happen .. I am also hoping Franjose and Canoe are not going to screw current shareholders with a split right before the deal is signed . Do the right thing guys .
What about selling a mine after you build it for 3 times yearly rev ;) ......