Minerco Inc (MINE)

[Leering]

we plan to initiate an aggressive share buyback program.


The next topic under our share structure will be share buyback. We've gotten tons of questions about this, and rightfully so, and this is another discussion that we have with the Board and the executives and management on a regular basis. Let me first say that buying back shares will require capital. The question about that is, is that capital better deployed building our Company, including launching our brands, new brands, production, advertising, any of the above, or is it better used to buy back the shares? At this time, we feel shareholder value is greater served by deploying this capital to build the Company. However, when revenues allow, and I think it'll be sooner than a lot of people think, we plan to initiate an aggressive share buyback program.