Replies to post #23740 on Santo Mining Corp (SANP)

[whitie]

Makes perfect sense to me.

[JaymacsPicks]

I'm holding , flippers flip, I'll keep adding from my other profits, sanp is my stock savings account

[Maker13]

Good Post. Good deduction analysis.



OTCPennyPincher Wednesday, 03/08/17 04:06:58 PM
Re: Prince Goro post# 23739
Post #
23740
of 23761 Go
They just announced they retained a PCAOB auditor. You don't spend 40-50 grand on an auditor unless the business you are wanting to conduct calls for it. The merger or acquisition that's coming has to be very good.

This also means that the CEO's cigar venture must have been successful otherwise he wouldn't have that kind of money to be able to bring the merger in. He alluded to moving into the "hottest sector" and we all know he's a smoker..... so the assumption is that it's a MAJOR acquisition because he's spending 40-50 grand to become FULLY REPORTING WITH THE SEC. and that it's in the MJ sector because it's the hottest sector.

[Dutchieboy]

I also think they will enter the mj sector , they build the connections the last few years with their cigars(what is a huge market) prob thats why a private comp need them... i looked the lvl2 all day yesterday and there was no dillution, prob they did make enough cash with the cigars and cafe's to manage this merger and new sector plans..