Santo Mining Corp (SANP)

[SteveWin]

Question for group: When a company issues new OS, does it have to sell those shares immediately?

Here are my thoughts as I grasp for an answer:
I imagine that sooner or later, the issuing company has to call its transfer agent and say "We just issued NNN million shares, which we want to sell". Maybe some or all TAs have client account software that the client companies can log in to and register the newly minted shares to their own account. If so, then it would be fairly easy for the company to put in sell orders for some or all of the new shares, and the TA's software would put them on the market just like my etrade account lists my sell orders.

I'm thinking about two points here... first, is it as quick and easy for an issuer to sell new shares as it is for me to sell mine (Or, how long after this issue will it take for Frankie to get those new shares in a place where he can dump them quickly?)... and second, do they have to sell them all right away, or can they hold new shares for a while, so they can issue some news which pumps the share price so they can sell the new shares at a higher price?

Where I'm going with this is, if Frankie just issued half a billion new shares... and those shares haven't hit the market yet, but are being held by Santo.. maybe this new dilution means that Frankie is getting ready to post some news and pump his new shares.

If THAT is the case... how high do you think Frankie will let this next run go before he floods the market with new shares to cash in on it? The last run started at 0002 and ran to 0026 - a multiple of 13x. The one in October started at 0001 and ran to 002 (highest close), a multiple of 20x. Will he try for 8x (0072) this time? 6x (0054)? 10x (0108)? (today's VWAP was 0009, so that's what I'm calling our starting point..)

OR.. do you think Frankie has an aggregate dollar goal? For each million shares, every 0001 uptick brings $100.. or $50,000 per half-billion shares. So, to raise 2 million, he'd need the run to go up by 0040, to 0049. Does anyone have a guess as to the dollar total Frankie might be looking for here?

FINALLY!... (I know... TL:DR..) Our best one-day volume in the last run was 1.25 billion shares. If we assume the next run brings the same volume, would Frankie's half billion share sell be enough to kill the run, or would it merely dampen it?

(My guess... the planned top is 0050, for a $2MM payday to Frankie, and the pump news comes out Tuesday morning. Best case: the news is that the Canoe deal is finalized and we fly. Almost as good: the news is that Canoe fell apart but SANP found an"even better" RM partner. Almost as good as that: News is that Santo used money it made from last 2 runs and bought several hundred of its own miners (new or used Chinese), which are all deployed and making NN bitcoin per day.)