HOUSTON, TX, June 12, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE – Minerco, Inc. (MINE), a brand management and holding company specializing in the development of beverage, entertainment and ancillary brands, announced today that the Company has updated its regulatory filings. Additionally, the Company has entered into preliminary agreements and/or partnerships for both lines of its business, entertainment and beverages.
Completing and submitting the financials and filings, according to the newest guidelines, was the first and most important step for the new management team. The disclosure for the period ending April 30, 2019 is expected to be completed in the coming days. The Company is now focused on new business opportunities in its core business, both entertainment and beverage manufacturing. Entertainment operations are to commence this month, and the Company has entered into agreements and/or partnerships with proven hemp/CBD suppliers/manufacturers to accelerate development of hemp/CBD products and existing beverage formula enhancements.
“With over two years of regulatory filings completed (two plus times due to required format changes), we are finally able to solely focus on developing and growing our businesses. Our entertainment business is scheduled to kickoff this month with partnered events, and we plan to ramp up throughout the year to be ready for our busiest season, New Year’s and Superbowl related events. Our beverage business has been concurrently working to formulate both vitamin enhanced water and coffee products with added CBD functionality. In addition, we are starting to develop a line of vitamin packed protein bars enhanced with hemp/CBD,” said Milton Murcia, CEO of Minerco, Inc. “We will be updating shareholders as things unfold. To publicly address most prominent questions from shareholders, there are no plans for any changes to our capital structure, and the former management team has no remaining equity nor voting rights in our company.”