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Ok. Here's a mini update for now. Current status required us to call in specialist from out of State.
You'll love this part... Their offices are located on I-90 West - up in New York.
Good morning MINERS. Anybody close by want to grab some breakfast?
http://www.pollyranch.com/
Yea... I might just stop by the daily tea party Vanis and the lenders have. You know, working out the debt and funding issues.
You don't know what I have.
I'm convinced that we could literally produce Vanis' corpse and STILL receive old PRs and Links as proof that things are still great. SMH
Good Morning, $MINE rs.
Just cross off Vanis from that list and replace it with me and you nailed it.
Update coming Tuesday. Stay tuned...
**** $COBI $.11 Patience
*had
I trying to top this, but I just can't. *Big Grin*
Well, if the party turns out to be over, wouldn't some find it upsetting?
Same could be applied to those that have admitted that they're only here to watch the train wreck and the ultimate demise of Vanis. Some of those might be upset if the train actually holds the curve.
I'll make sure you get a personal copy when it hits
VANIS
GUNNER - HEAT
IDENTIFIED
UP
FIRE
ON THE WAY...
Good chance we might see some 4s print today
APDS - TC
Will that work?
Meaty Facts. Stay tuned...
$MINE
News to be released in the next few days. Some will find it upsetting. EOM
Does anyone really think those trips to Florida were any more than just play time for Vanis?
Of course, the golf had the added bonus to mingle with a few stockholders... I'm sure Basher Berry was the highlight of that trip.
Do I have to explain why Spring Break would be attractive to Vanis? I'd be glad to... (lol)
Answer: $381.00 per share. Who got it right?
$MINE
Just dropping in to see what all the fuss is about. Looks like Deja vu up in here. Where's the volume? Can't play '1 tick flip trips' without it.
$COBI
What makes people feel that Athena Brands wouldn't be impacted by a Minerco bankruptcy or asset forfeiture to a lender?
Two cents is a bit of a stretch, brother. You kind of summed it all up on the tail end there.
Besides, even someone like KO, they won't feel the need to reward the $MINE shareholders and won't. They know they'll be stoked enough just to own some of them and finally say goodbye to Minerco.
Business 101: Charge as much as you can... Pay as little as possible
Okay. I'll toss out an example of what it means from a dollar standpoint only to the $MINE shareholder and using a non encumbered entity.
Let's use the number of $100k invested in $MINE . We can accept that number because several people have stated they have this if not more in jeopardy at this point. Some of these people have also stated they are down upwards of 90+%, but let's just use 90%.
So, the target for those would be $90k to get back to even. I'll even use Coke as the buyer.
You might get offered a little more than what your current shares in $MINE are worth, and probably given that cash equivalent in KO shares. Remember, Vanis doesn't need your approval if he's still in power. You'll get a proxy.
You end up with $10k in KO shares. What type of growth would you have to see in KO (PPS wise) to reach that $90,000 goal?
Anyone can play along here. Just punch in your own #s. Have fun...
Agree on the first part, but feel the need to interject what that would actually do to a $MINE shareholder. I wouldn't want someone thinking that there was still hope to regain their losses if there was a buy-out.
Wanna take a stab at it first?
It's not a question of if this hits trips, but when. Indicators point to late Sept - middle Oct.
And that's just the way it is... Hate the players not the played.
He would have to admit he sucks at playing Chess.
Remember the person that connected dots to her past tenure and connections with a major bank and stated that Minerco's money issues would be over? That one was special.
There ya go. There's the word you should of chosen, "convinced" in lieu of "scared". Anyway, moving on to Post Oak.
Since no one, including myself, around here has had access to the entire LOC for review, I can only point out things that have been shared. More like unwittingly divulged.
1. Amended to adjust for increased number of shares held in collateral. This wasn't actually shared, but a simple review of the pre and post draws for equal amounts shows a substantial increase in total share numbers.
2. Amended to Increase in interest rate on late payments
3. Amended for the right for PO to call the entire note with said adjusted interest upon default.
4. Amended to include all assets, both physical and intellectual property, to be forfeited upon default
Let's all keep in mind that back then things didn't look as gloomy as they do today, both for lenders and shareholders, and let's not underestimate Vanis' ability to "convince" people otherwise.
Was giving Minerco a Line of Credit in the first place considered an amateur mistake? Who knows for sure, but it certainly looks like more seasoned pros stepped in and successfully make huge modifications to hedge their bets. Hard to dispute that.
Peace and GL, CBrad
I'd be more than happy to attempt to answer all your questions about Post Oak, including the amateurs one, but first answer how one can be scared into buying a stock. I've been doing this for a long long time and that's a first for me... seriously.
For those that don't remember or refuse to, the President of Green Mustache was Doxed by Miners searching for an answer to the riddle issued by Vanis himself. She was put through hell by numerous low info Miners for days, trying to connect dots, and even accused of lying about any involvement with Minerco.
Even after all that, she was gracious enough to issue a statement via Twitter that there was no association at all, both present or planned in the future.
I have no interest in searching Twitter for that statement to post as proof. It's totally irrelevant at this juncture and never was relevant in the first place.
Now, let's see those "positive points" of why $MINE is an attractive investment. We've been waiting for days.
Well stated as well.
Well stated.
I will add, obviously, that it doesn't necessarily need to be a failing beverage company to merge... not even a merger, just anyone with a butt load of money that will trust Vanis with it at this point.
We don't even know if Vanis has anything to bring to the table right now.
Just for fun: Post Oak acquires Fizz. Does Ezra place a bid for it?
Sure. Just find one with a decent product(s) with no cash and one with no decent product(s) and a butt load of the other.
Speaking of Athena, do some intelligence work on that "Foreign Stock" Sam stated in that application filing.
On another note, can you imagine what would happen to the PPS if 'Restricted' was granted conversion approval from a higher authority?
If one looks close enough, they will realize that the only "Spring" associated with Vanis right now is the one he's hiding under... Box Spring!
Anyone notice the Minerco.com website was again taken down and is now "Parked" by GoDaddy?