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I know, I've been on and off this site for a minute, so I hear you.
Again, I just like to call them out on their true agenda.
I have already stated that I was concerned that I was going to lose my investment after that fiasco. I even messaged those involved in the CanoePool merger they let down a supportive long and I was looking for the first opportunity to get out with some profit. Hence, I do not support that history anymore and I have been blocked by some of their twitter pages as a result of my confrontation.
As for the containers, I invested after that business model and I do not concern myself with or have the right to input on that or anything before.
This Asama development is a new move with a different CEO and a reputable company. Some of the rhetoric is the same, but this one includes some definitive numbers the last did not. Hence, I show support for this now, but I remain undecided, for now, on whether to take a profit on the next jump or hold for more gain.
Either way, if I make a mistake, it is a minor loss even if I hold too long.
How?
You said yourself you don't own any shares and don't plan to. So, where is financial logic of wasting your time in a stock you have no interest in when that time can be better spent watching one you could somehow make money in?
Unless, of course, part of your original statement is untrue and you do have a vested interest in this stock or plan to when it makes the moves you are looking for. That would make good sense.
Yes, I have an investment in SANP, so it makes sense I am here.
I also was concerned I held it too long after the silence occurred directly after CanoePool and I would lose this low initial amount for a lotto play. Easy to get over.
Now with this Asama development and a new CEO in charge, we're back to "losing our investment or seeing a huge payoff remains to be seen."
Bottom line, whether I am holding again, looking for an opportunity to flip, or buy in more; part of my interests are here and so it makes sense why I am here.
Oh, I agree with that deduction 100%.
I was just confused on the purpose of watching a stock or engaging on its board if you "don't own any shares or don't plan to," when I personally would be more concerned about the ones where my money is at or I may decide for it to be. Unless, of course, part or all of their statement is untrue and your's addressed the motives 100%.
I am not so naive to not know that last line is probably correct, I was just calling out their true agenda.
How is $350 a fair deal to get info when it is far less than the initial investment?
I am not going to debate if this is a scam or not and do not assume what I am thinking or what I have decided; either way, any of us could be wrong.
I am talking about spending more on research than the initial investment is not cost effective and a waste of resources.
I am defending my good name of being accused of using hap-hazard DD methods when I am much more thoroughly trained against such traps with my own critical thinking.
This is the type of behavior that keeps me from taking this site seriously and returning on a regular basis.
One, I Never use Google to compile facts for anything, so do not even assume my methods or slander my intelligence with mud-slinging accusation tactics.
Two, I have better things to do than fly around the country checking up on low monetary risk investments that are actually far lower than the travel cost. Anyone with just minor intelligence would automatically know that does not even fall into the realm of being cost effective.
How about you, did you spend 350, meet the team, and check out facilities; throwing all cost effectiveness out the window?
I am sure your intelligent enough not to waste such money, so I would guess "no".
I have my facts straight. I did my research. You don't trust the stock, companies, deals, or announcements; then move on and find something you do trust.
Conversation over, troll.
If you are going to start threatening me over information that I share from these sources then this conversation is pointless and over. I cannot be banned or sent to jail for shared info posted by others, especially when there is a multitude that have stated a lot more misleading info going the other way.
Grow up.
I just shared a sticky post that came from material that was in the intro for months that explains the connections. I'm not holding anyone's hands. Look for your own information and get off of harassing me.
Remove the post from iHub? Go ahead, I couldn't care less.
Exactly; try to keep up with the current news people.
How exactly do you mine virtual world crypto-currency with real world picks and shovels?
It takes mining rigs like the Antminer S9 that Bitmain is the supplier of:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=135066441
That is the first thing you need to grasp to even start grasping the ideals of this business partnership or else you end up with nothing but confusion.
Canoe Pool and Bitmain are connected entities, they are looked at as a whole.
If you believe it to be a scam, then take your resources and invest elsewhere. There, problem solved.
It is a waste of valuable time to convince others to change their minds when they are perfectly capable of making their own decisions with their money and why is everyone so concerned about what other people do with their own resources. What are their true arteria agendas here to pump or bash any stock.
I don't care about anyone's opinion when the tone is an attempt to sway my determinations of my investments, so everyone can just stop wasting their time responding to me as such, especially without substantial proof.
I rely on my own DD, rely on yours and leave it at that.
What is your point? We already know who is Li Ang and Canoe Pool.
Those of us who have done our DD and have been following our investment know he is a trusted and legitimate CEO of Canoe Pool, one of the top successful bitcoin miners in China who is a partnership to build Canoe Pool America with Santo motivated to relocate by the Chinese government restrictions on crypto-mining. I certainly do not need an education on these two entities, because I already know and have been holding and watching since August before all this really got going.
Seriously, we do not understand the confusion.
Save my free postings for something better? Not seeing much relevant here lately anyways.
Thanks, I didn't disappear completely. It's just there was not a lot going on until recently and it is always like banging your head against the wall making some points.
Also, I have a current priority to my SQL for Data Management course and trying to make a little cash through my own mining, in that order. I still try to keep an eye on things when I can, but I have to take care of my own first.
$SANP
No, he's not. We already dealt with this BS mugshot post a long time ago and squashed it. Move on already.
If all anyone has to bring to the table is some meaningless immigration hold mugshot from years ago, then there really is nothing there.
Everyone needs to show some integrity and stop playing these immature games.
They already have an exclusive licensing agreement with Canoe Pool / Bitmain since October 28, 2017 that allows them premium access to equipment and the Canoe Pool America name, so being sold out does not apply to their access to S9 Antminers:
https://ih.advfn.com/p.php?pid=nmona&article=75961653
They have updated their progress with a general game plan that includes Canoe Pool among others since November 16, 2017:
https://www.otcmarkets.com/stock/SANP/news/Santo-Mining--amp--Canoe-Pool-Corporate-Update?id=175629&b=y
https://ih.advfn.com/p.php?pid=nmona&article=76112055
This is evidence that they are en route to mining crypto-currency, until we factually discover otherwise, because Mr. Li Ang and other respectable names are on the docs. Yes, they do need to update shareholder's on progress in light of current performance and yes, they are not currently mining as far as we know. As long as they stay the course they will end up having a descent slice of the Bitmain pie to feed us all.
No, you don't.
Unless you have insider information, it is just speculation or starting unfounded rumors.
Either way the behavior would be wrong.
Yeah, that's obviously kind of how it works.
People invested in the company have their value go up with buys and the more you have or the higher up you are, the more you end up making.
I guess the man at the top is going to make the most then. I don't really care how much anybody gets over me as long as I get my share of the riches.
OK... so, if the TA is not gagged and they say the rate of dilution is decreasing, does that mean they are lying then?
I think I will go with an unbiased third party like the TA.
Interesting that the original language is Dutch; the language of countries of which is very close proximity to Germany; where the home base of the company Santo has been re-tweeting about, Envion AG.
There is no solid connection of course, but just an interesting observation I thought to take note of to see if there might be one later that I would have never thought of myself before.
It could be just coincidence or it could be huge.
The simplest of DD:
https://www.otcmarkets.com/stock/SANP/news/SANP-Enters-into-Letter-of-Intent-to-Merge-with-Canoe-Bitcoin-Mining-Pool-of-China?id=171190&b=y
https://ih.advfn.com/p.php?pid=nmona&article=75771055
https://ih.advfn.com/p.php?pid=nmona&article=75919176
https://ih.advfn.com/p.php?pid=nmona&article=75961653
https://ih.advfn.com/p.php?pid=nmona&article=75999411
https://www.otcmarkets.com/stock/SANP/news/Santo-Mining--amp--Canoe-Pool-Corporate-Update?id=175629&b=y
PR is obviously being handled by Santo's CMO, Mr. Arnett, but the fact that Mr. Ang has not categorically denied any affiliation to these claims and has actually been quoted in statements on these documents is proof. Also, let us not forget he was willing to pose for this PR photo as "at work" with Santo and Mr. Arnett, yet still no statement otherwise.
https://twitter.com/santo_io/status/931159030332084224
The DD is there, I do not have time to hold everybody's hands.
Mr. Ang is the CEO of Canoe Pool that has the most involved partnership with SANP out of all four major companies signing agreements and he most definitely has a major influence where this all goes.
This is a very basic fact attainable from the simplest of DD's even a child can perform.
Yes, they just re-coded it less than a month ago to prepare it as a web portal for all their crypto-currency operations.
No worries. Thanks for the clarification. I figured that was one option and the other was my account just was not at a level that I bothered to look into other benefits because I did notice that there are some other added benefits once you have a certain balance much higher than I do have now.
Yeah and it only took 2 days of people claiming it had a yield sign for it to finally be a correct statement.
However, it's not too concerning. Mr. Yglesias just needs to get Q3 up to fix it and it is only 2 days late, Things happen and I'm sure he's not the first to face delays on filings.
Anyways, what does it really matter, too many people didn't give him due credit when he got pink current so it will never be good enough for some even if he gets all of his filings up-to-date.
Santo and Canoe Pool of China are in a working partnership to create Canoe Pool America as China crypto-currency restrictions are motivating relocation to friendlier governments. Whether this is to remain a exclusive licensing agreement or will eventually be a full reverse merger with Canoe Pool of China is yet to be seen. However, other recent contracts have also brought in LightningAsic, BlackTigerShark, and Ebang at some level while they expand to Bitcoin Cash, Ethereum, and other Altcoin mining:
https://globenewswire.com/news-release/2017/11/16/1194142/0/en/Santo-Mining-Canoe-Pool-Corporate-Update.html#.Wg2xjeSp7So.twitter
That is the simple summary of the planned structure. The most recent PR they put out has some more details of current plans and you can find many links for more info. Santo tweets can help to point you in the right direction also:
https://twitter.com/santo_io
How did you get 10X the amount? I can only go as high as 4X the amount, but I really do not have an marginal or non-marginal buying power at that moment.
Does Scottrade increase how low or high you can go on ask or bid according to your account balance or buying power?
OTC site still says pink current, not even a yield sign yet.
https://www.otcmarkets.com/stock/SANP/quote
I agree there are people heavy on the BS around here, but no proof of Mr. Yglesias is the one, but there is plenty of PR releases backing their claims.
So, I'm just going with I suggested that everyone involved in this partnership respond with in that last paragraph in my previous post.
I screwed up. I calculated on the original 100 and was excited about $40K a month and $480K a year, but your right, the phase 1 goal is 2,000 miners. So, your correct projections $800K a month and $9.6 mil a year blew my mind.
What is this BS about others mentioning "nothing we never knew before"? Wow, nothing will satisfy them. First, it was Santo isn't doing anything to move forward, then Where is the connection with Canoe Pool and Li Ang, then they are not putting out any "official" PR's only tweets. Well here we are with Li Ang in the picture and an "official" PR release collectively containing all of their maneuvers, all connections to Canoe Pool and other companies, and future project plans. Yet, it is still twisted into "nothing we never knew before".
Give it a rest, they handed out what you all wanted and you ignore it. If I were all of them involved with this partnership, I would tell everybody with that attitude "I couldn't give a rat's a$$ what you think as your opinion holds no merit" then go be rich.
DieselJoe's advice is 100% right and probably the best you're going to get.
There's no problem finding DD (Due Diligence) leads here, but don't make decisions on what you are told in any posts. You'll do much better.
And if there weren't any investors "believing" in any legitimate businesses in the OTC then none would make it to listing status to trade on exchanges.
Companies don't grow from flippers, companies grow from investors allowing their resources to grow revenues and expand, whether they are in the OTC or on an exchange.
Yes, if that was the purpose of these negotiations; and there was a chance it was. Being Mr. Arnett is the CMO, I see much of it was dealing with marketing side and he was most likely instructed on what technologies they would be marketing, perhaps even because decisions were already made. Department leads in project management have specialized skill sets with a broad understanding of many project components, so I'm sure Mr. Arnett has enough understanding of the technologies he is marketing to manage properly. Photo ops also fall under marketing and so the ones they posted made since.
However, just because Mr. Bansbach was not in the photos does not necessarily mean he was not there or not involved, just that he was not available for the photos for one reason or another. Then again, Mr. Bansbach's skill sets may have been more valuable at home base managing the network projects. With digital communications available, the world has become very small and he could offer expertise through multi-media communications while setting up networks in the US. These are scenarios I can only speculate with what knowledge I have of possible options, just as anybody else, as I am not within this companies management.
In an ideal situation, as a CEO, I would prefer to have photo ops of my CTO at ground zero with my CMO and showing them involved inspecting potential systems and equipment. However, situations are seldom ideal if ever at all. Also, after learning about project management, I would rather not be a CEO or a PM (Project Manager) with all the stress it entails. I prefer to be working with the systems directly.
The people working in IT or technology sector do not wear business clothing to most negotiations.
People in this sector, at most levels, wear nothing more than business casual.
This is done for many reasons including:
It expresses that the individual knows what they are talking about as they are ready to talk business or get down into the system.
It promotes a more relaxed, less intimidating atmosphere that most personnel are use to in this sector.
Communication is more open as these peers you are negotiating with view you as an equal and not a superior that only knows the business side.
So, kicking someone out for not wearing business attire in this sector would be a mistake as they most likely know their stuff and management could very well terminate anyone who cost them a lucrative deal due to such actions.
Mr. Arnett was properly dressed for the purposes of his business, especially holding the title of CMO (Chief Marketing Officer in this company). I'm sure if he were to go to a high-level CEO board meeting, he would have a business attire set ready in his closet like most of us.
I may lack knowledge in stocks for now, but I have been instructed over three years by professors with degrees as high as multiple doctorates who were still working in high levels or did work in high levels of the industry. Not to mention the many peers in my courses that are still in the industry themselves. This is one subject I do know and I am not inclined to debate it.
I agree and If I happen to be completely wrong about everything, I lose a very small investment vs. being right at all to end up with at least a descent gain. $SANP may be a gamble, but it is a worthwhile good gamble.
I missed out on the Bitcoin startup also because of the same attitudes expressed here, it is a scam and it is going nowhere, "Digital currency, smh, give me tangible cash." yep, screwed that up, didn't I.
So, I've decided to use what resources I have to mine what I can with little cost. Bitcoin is huge, but the higher it goes the lower its growth potential. Not saying it isn't going to keep getting more valuable, but I've also been looking at crypto-currencies that are starting out where bitcoin was at. Trying to build those up as I also build up bitcoin because the bitcoin buildup is much slower. Being that other crypto-currencies are much lower in value, their growth potential are huge. If they don't grow, well they cost me very little in the first place.
I got some spare computer parts and I was going to mess around with building a home make-shift system dedicated to these endeavors, when time allows, until I acquire resources for better equipment.
My statement still stands.
I did not insert the SEC into the statement as a point of argument. The method they use that is available to them to submit their filings legitimizes them as a business, otherwise no startup (aka. OTC pink sheets) could ever be considered legitimate.
No, it is the only method of legitimizing their business, so therefore are a legitimate business.
Thank you. In the short time I've been watching these type of stocks, I have quickly been seeing the same thing, but it holds much more credibility coming from many others, including you.
SEC is not the only regulators, only regulators at a certain level. It all works through chain of command.
Like it or not, admit it or not; their filings have to be accepted by authorized government officials through proper channels regulating OTC procedures. They were accepted, their status was updated accordingly, hence they are a Legit business.
They adhere to OTC regulations, so they work through government regulations they are required to, hence they are a legit business.
They slip up they can loose their status, be investigated, or even halted by the regulators whose rules that adhere to like anybody else.