SteveWin Friday, 12/15/17 09:32:52 PM Re: Braden32601 post# 73417 0 Post # of 100716 Yes. When MGTI was at $3.85/sh, and it appeared that their 5k mining rigs would provide MGTI 2018 earnings per share of around $1.50 or so (P/E multiple roughly 2.25 is a fair definition of "fair"...) - under those circumstances, I thought that SANP's "fair" pps (with 7.4Bn shares and 1000 mining rigs) should be around $0.0175/sh. Since then, MGTI is up around $4.20/sh (last checked around 3pm today), which is about 10% higher, which raises our "fair" target pps to about $0.0192. I like comparing market capitalization vs. mining capacity, because market cap is (theoretically) unchanged by dilution - the pps change in response to dilution is not a measure of company strength, it's a reflection of shareholder sentiment. In SANP's case, there's been so much dilution, and each time the shareholder anger drove the price further down than the dilution ratio would warrant, that our share price is currently about 5 or 6 PERCENT of what it should be. This stock is a BARGAIN from a long term perspective! (for example.. we're at $0.0011 with 7.4 billion shares. Last dilution was 245 million shares - 5 times as many as ALL the shares of MGTI. BUT... If the next dilution is the same number, that will only be 3% of the resulting 7.645 billion shares. If it happened tomorrow, it SHOULD drop our current pps by 3%, to $0.001067. And, if 3% dilution dropped our share price by 3%, OUR MARKET CAP WOULD NOT CHANGE. Our target "fair" pps would be 3% lower. But I'd bet that if the company "dumped" 250 million more shares tomorrow, the bears would start shouting "SEE? P&D SCAM HERE FOLKS, GET OUT WHILE YOU CAN!" and we'd close under $0.0004. And I would BUY BUY BUY that opportunity!) Did your stock TRIPLE on 12/13? One of mine did!