Minerco Inc (MINE)

[ChrisKo]

You are correct Bfavre, and I know you've been here a long time providing DD. It's sad to think people continue pushing this stock as if numbers will magically sky-rocket, while costs will most likely remain pretty high. You'd think the beverage sector would have great margins? The company is in such a tough situation right now, I honestly don't see the reasons for enthusiasm. They're funding additional assets by taking out a larger loan, yet people are supposed to believe that the company's growth will out-pace their debt.

Where will they get this funding? Who will fund an OTC stock with this level of debt, without using shareholders as collateral? If people think dilution won't hit this stock heavy when plans of expansion near, then you really need a reality check. The company can grow, but the pace of growth will be such a slow process, that I don't see why people stick it out in an OTC stock that will take years to move significantly (if it lasts that long), while there's plenty of growth names already out there providing returns quarter after quarter. Just my 2 cents.