Santo Mining Corp (SANP)

[SteveWin]

ALL that Frankie/Santo offers Canoe/Ang is an already established empty shell public
traded company which they can quickly take over and obtain instant access to the OTC market.

This could be attractive to Ang, if he subscribes to the Communist / Chinese philosophy which appears as a mural on Bitmain's wall: "If it's not accessible to the poor, it's not revolutionary". Compared to, say, Bain Capital or the like, we're all "poor". This is why Bitmain makes mining hardware that costs $4000 and brings in $300/month/unit, instead of hundred million dollar systems that only corporations can buy. If Ang subscribes to that philosophy, then moving his operation to the US and enabling people to buy shares of the operation is a way to fulfil that philosophy. Santo is a viable path to that (presumed) goal.

Frankie appears to be motivated purely by greed. The best thing in the world for Frankie, would be to have ammassed half a billion of these cheapies, the to hand Santo over to Canoe. His wealth will skyrocket to unimaginable levels when he steps aside - his continued involvement hurts himself more than anybody else.