Introduction to Santeon Group, Inc. (OTC:SANT)

Disclaimer: The below assessment is provided for informational purposes only and is not meant as a solicitation to buy or sell any securities related to the subject of this paper. All views and interpretations prescribed in this assessment are those of the author without communication or review of the company in question. This is a personal interpretation of the publicly available information on Santeon Group, Inc.


According to its website, Santeon Group, Inc. is a project management consulting company focused on bringing the Agile philosophy to clients who need help with project development and implementation.


Santeon Group, Inc (OTC: SANT), currently listed as “Dark or Defunked” by the OTC due to a stated financial reporting standard of “Dark: Alternative Reporting Standard,” is defined as a technology-based company. Based on information available from the company’s public-facing website,, Santeon Group, Inc. is a software consulting firm which utilizes the Agile methodology to deliver a rapid solution to companies who have a realized or projected software development shortfall. Stated capabilities include: consulting for organization transformation, Agile engineering services, software development, and organizational training.

Dr. Ashraf M Rofail is Chairman of the Board, Chief Executive Officer of Santeon Group, Inc., since May 2010. From 1990 to 2000, Dr. Rofail served as Chief Technology Officer for User Technology Associates, a software consultancy company with over 1, 000 employees. Ash was responsible for setting technology strategy and technical leadership. Ash has provided strategic technical vision for several innovative products as Chief Architect for Best Software, Product Architect for Solomon Great Plains, and State of the Art Software. Ash is a thought leader in enterprise software as a member of Microsoft Visual Basic advisory board since 1997 patent holder for artificial intelligence technology author of six software engineering books on topics such as XML, .NET, COMDCOM, building nTier Applications and Service-Oriented Architectures and Adjunct Professor at the Johns Hopkins University School of Business. Ash holds a Ph.D. in Artificial Intelligence and MS Computer Science.

Analysts comment: At the time of writing, an assertion of the validity of paten ownership can not be verified. In addition to this, the analyst was able to verify three books written by Doctor Rofail published between 1997 and 2002.

Agile and what it means

The primary products and services provided by Santeon, revolve around the Agile project management philosophy. Agile project management is an iterative and incremental approach to delivering requirements throughout a project life cycle. Agile project management focuses on delivering maximum value against business priorities in the time and budget allowed, primarily when the drive to deliver is greater than the risk. At the core, agile projects should exhibit central values and behaviors of trust, flexibility, empowerment, and collaboration. It a teamwork centric approach to software and organizational solution. As components are completed and introduced to the solution framework, they are evaluated in conjunction with other elements so that the entire project can be assessed.

How does this relate to the company?

That can a hard question to answer. The company has a stated desire for 100% satisfaction for its clients and express delivery of solutions, so it can be assumed that the company would understand how to apply the principles of this process for its development and expansion.

Financial consideration

Due to the companies current filing status and the lack of volunteered information, it is difficult to form an assessment as to the stability of this company.

From a technical stock analysis, assess, “The recent price action carved out a bearish shooting star candlestick pattern. That may indicate a downside reversal. Look for price to trade beneath the low of the shooting star for confirmation.”


The primary area of concern is a lack of transparency from the company to it’s current or prospective investors. This is highlighted by the current filing status and a lack of supportive news, in the form of press releases, from the company. The last known PR was dated May 9th, 2019, and consisted of an announcement of hiring a Blockchain Consulate company to build a system for Santeon Group. It is possible that the lack of filing may mean the company has no current need or desire to use the OTC for financial growth; additionally, the lack of updates on ongoing operation and development may indicate everything is running smoothly. However, both of these points may mean that the company may be failing. It is assumed that a company who specializes in rapid system development that focuses on prioritizing requirements based on their impact on the system being developed.

No further assessment is available for Santeon Group, Inc. until such time as new information is released.

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