Santo Mining Corp (SANP)

[RickRat]

Looks Like R/S Gonna Happen
I'm gonna hold for now. There should be some upward movement before the R/S is offically annouced but I will definately unload the truck before my shares get Reverse Split.

I'm gonna copy paste what a poster over on the Santo FB page posted which was pretty good. Here it is.

I watched the video. About a Reverse Split he said and I qoute…;
"Once everything has been filed and approved.
We will file for a Name Change and a Cusup Change
Then a group of financal professionals will sit down and evaluate what is the most proper and what is the most benificary stratagy for the restructuring of the shares of the company".

So how do you think those "financial professionals" are going to recommend that the share structer be changed? It can only go one of three ways.

1. Issue more shares = more dilution.
2. Buy back some shares.
3. Reverse Split.

Option 1 aint gonna happen.
Option 2 aint gonna happen – they have no money to buy.
Option 3 is the only thing that could be done to restructure the shares and what any such "financial professionals" would recommend.

https://vimeo.com/277440341