Santo Mining Corp (SANP)

[SteveWin]

I agree, uplisting would be a good thing, and if a RS gets it there, it can be good. I also agree that before or after a RS, my $2,500 equity represents the same percentage of the company. And, I agree that we won't see $0.35 with 8Bn shares out, that would bring our market cap somewhere around 2.7Bn, and this little company just doesn't have the operations or revenues to justify that.

The problem with an RS is shown by what Drydhips did... Issue a ton of dilutive new shares, then RS at 1for20, then issue another few billion new shares (since the AS didn't change, the RS gave the bosses more headroom for more dilution), then do another 1 for 20 RS.. and so on, like 7 times over 2 years.

I'm not at all opposed to an RS - other people's negative reaction will cause a sell off and a BUY OPPORTUNITY - but once they do the RS (if they do.. this is just speculation) I have zero tolerance for any new share issues.