Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
"CLOSING RED TODAY!!!"
I have to give you credit for being right once again.
"Red" as in RED HOT & On FIRE...LOL
I know that it is waaayyyy too early to mean anything but the ask was adjusted from .021 a half hour ago to .0297, where it stand now. Be nice to stay that way until 9:31.
Guys, we're all on the same team here.
Oh yeah.
I'm hoping for a 4:00 post market pr tomorrow that blow the lid off of MINE on Monday morning.
One thing is for sure, whenever they receive the new flavors on Amazon, they will sell the first batch out probably in less than an hour.
I plan on buying one of each myself and I'm sure many on here will be doing likewise.
I also notice that there is a link on the Coffee Boost that says "see flavor option," however whenever you click on it your not shown and flavors. I don't remeber seeing the "flavor option" before.
I guess they are prepared for when the flavors does arrive the "flavor option" libnk is already in place.
btw, when they restocked yesterday evening, they restocked a total of 25 cases. The reason that I know this is because I put in an order for 26 cases (not that I was going to buy 26 cases, just wanted to see if they could fill the order) and the system said that only 25 were available.
At 4:30 Amazon listed coffee Boost as sold out; now they have 23 cases.
"I set buys 20-30% below price every time it drops by that I get my shares and immediately sell them for a profit."
"I will load wait for there next scheme and sell when it gets pumped where it is overpriced and i will sell for a huge profit."
So glad you are all in now. I wish BuildbuyB would have got in with you.
So tell me Mass invest, if it spikes and you sell, are you finished with MINE or wil you try to get back in lower?
Where did you find this?
The last of the Coffee Boost is "SOLD OUT" on Amazon.
We know what this means; time for the new flavors.
Please secure any loose shares. We are not responsible for you losing your shares.
Please fasten your seat belt, the sky is clear, all systems are a go.
A pr right about what would be nice. Keep the mo going north.
Is that your entry point...LOL Won't happen
I wonder how high this will;l go...05, 06, .10
Form 8-K for MINERCO RESOURCES, INC.
15-Apr-2014
Other Events
ITEM 8.01. OTHER EVENTS
On April 11, 2014, the Company prepaid the Note, dated December 19, 2013, with LG Capital Funding, LLC with a principle amount of $27,000, including accrued interest and prepayment penalties, totaling $41,503.07 in the form of a bank wire transfer to LG Capital Funding, LLC.
All terms and descriptions have the meaning set forth in the Convertible Promissory Note, dated December 19, 2013, and are incorporated herein by reference.
On April 14, 2014, the Company acknowledged and approved the Assignment of Notes by and between Braeden Storm Enterprises, Inc. (the "Assignor") and MSF International, Inc. (the "Assignee") (collectively, the "Parties").
The summary of the Assignment is as follows (the entire Assignment of Notes is attached as Exhibit 10.1 to this Current Report on Form 8-K filed with the Securities and Exchange Commission):
This Assignment of Notes is dated effective as of the 1st day of April, 2014 by and between Braeden Storm Enterprises, Inc. (the "Assignor") and MSF International, Inc. (the "Assignee") (collectively, the "Parties").
RECITALS:
WHEREAS, Assignor loaned an amount of $25,000.00 to Minerco Resources, Inc., a Nevada corporation (the "Company"), which loan is evidenced by that certain note dated July 1, 2013 in the principal amount of $25,000.00 issued by the Company to Braeden Storm Enterprises, Inc. (the "July 1, 2013 Note") which is also evidenced in the Financial Filings of the Company;
WHEREAS, Assignor loaned an amount of $60,000.00 to Minerco Resources, Inc., a Nevada corporation (the "Company"), which loan is evidenced by that certain note dated July 19, 2013 in the principal amount of $60,000.00 issued by the Company to Braeden Storm Enterprises, Inc. (the "July 19, 2013 Note") which is also evidenced in the Financial Filings of the Company;
WHEREAS, Assignor loaned an amount of $20,000.00 to Minerco Resources, Inc., a Nevada corporation (the "Company"), which loan is evidenced by that certain note dated September 6, 2013 in the principal amount of $20,000.00 issued by the Company to Braeden Storm Enterprises, Inc. (the "September 6, 2013 Note") which is also evidenced in the Financial Filings of the Company;
WHEREAS, Assignor loaned an amount of $35,000.00 to Minerco Resources, Inc., a Nevada corporation (the "Company"), which loan is evidenced by that certain note dated October 1, 2013 in the principal amount of $35,000.00 issued by the Company to Braeden Storm Enterprises, Inc. (the "October 1, 2013 Note") which is also evidenced in the Financial Filings of the Company;
AND WHEREAS Assignor, desires to assign its right, title and interest in and to the July 1, 2013 Note, July 19, 2013 Note, September 6, 2013 Note and October 1, 2013 Note (hereinafter the "Notes") in the aggregate principle amount of $140,000.00 to MSF International, Inc., in consideration of the payment of $117,000.00 by MSF International, Inc. identified herein as the Assignee, which assignment includes the right of the Assignor to convert the principal and accrued interest into shares of common stock of the Company;
AND WHEREAS the Board of Directors of the Company, by unanimous written consent of the Board of Directors, dated April 14, 2014, acknowledged and approved the Assignment of Notes;
FOR VALUABLE CONSIDERATION, the receipt of which is acknowledged hereby, the parties covenant as follows:
1. Assignor hereby assigns and transfers to Assignee his right, title and interest in and to Notes, dated July 1, 2013, July 19, 2013, September 6, 2013 and October 1, 2013 in the aggregate principle amount of $140,000.00 to the Assignee, such that the principal amount of Assignor's Notes shall hereinafter be $0.00 in the aggregate.
2. Assignee hereby accepts the right, title and interest in and to Notes, dated July 1, 2013, July 19, 2013, September 6, 2013 and October 1, 2013 in the aggregate principle amount of $140,000.00 as reflected above in consideration of the payment of $117,000.00 to Assignor.
The foregoing description of the Assignment of Notes is qualified in its entirety by reference to the full text of the Assignment of Notes, attached as Exhibit 10.1 to the Current Report on Form 8-K filed with the Securities and Exchange Commission and incorporated herein by reference.
All terms and descriptions in the above summary have the meaning set forth in the Assignment of Notes, dated April 1, 2014, and are incorporated herein by reference.
"Due to the events and new accounts secured in early and mid-January from tradeshows and organic growth of Key Accounts and after our Brands Operations meetings, we have extended and expanded the production run for COFFEE BOOST™ and RISE™ scheduled for late February. The additional production will is scheduled for early March. Our contracted production facility is limited in daily capacity, and we have now exceeded the capacity of our scheduled dates reserved in late February. We also need to order additional materials and ingredients, requiring additional lead time, to fulfill the extended production run."
"Our newest distributors have accepted our applications, insurance and operating procedures and are currently coding in all of our sku's into their system. We believe the relationship with these larger distributors will make market expansion easier and faster."
V. Scott Vanis, the Chairman of the Company said, "We keep getting good news that is requiring us to react quickly. However, we continue to be conservative and evaluate our opportunities methodically and strategically. We insist to avoid the pitfall of expanding too fast without the network in place to support the expansion. We are very fortunate to be in such a position, but with our exceptional products and team, we are not surprised. As always, we will keep you informed of developments and opportunities at the soonest opportunity."
add me to the count: I am buying.
1. MINE is not an MJ stock
2. We're only 9 minutes into trading.
But I do like your point.
It's simple, at .005 MINE becomes legitimate. LOL
Go MINE
"Due to Additional Incoming Orders, Level 5 Beverage Company, Inc. Extends Scheduled Production Run of COFFEE BOOST(TM) and RISE(TM)
NASHUA, NH--(Marketwired - Jan 23, 2014) - Minerco Resources, Inc. (OTCQB: MINE) (the "Company"), the parent company of Level 5 Beverage Company ("Level 5"), a specialty beverage company which develops, produces, markets and distributes a diversified portfolio of all-natural and highly functional brands, announces extension of the scheduled full scale production run for all four flavors of COFFEE BOOST™ and RISE™ in the new formulation."
Good morning mass invest, I was expecting you right about now. Perfect timing.
It is so good to see the company paying off all of their debts, you know, the way all the scam companies does.
http://ih.advfn.com/p.php?pid=nmona&article=61771094
lol, even if you're right, you have made your decision to not trust them or buy their shares; correct?
You've made your decision and the people who have bought and continue to buy have made theirs...
libertyghost, why bother?
I'm going to take a wild guess and say that the new flavors will be announced and shipped no later than Thursday, April 17th. Especially if the cc is going to be early in the week.
Since the cc is the week of the 21st, I don't think that they would let the shareholder who heard the cc spread the word on the release of the new products; they would want this done through a pr.
"Remember, there are a lot of people who would love nothing more than to see Vanis & company fail. If they were to allow just anybody to ask questions randomly, remember, these people certainly would be on the call also."
I have a feeling that even WHEN they announce big investors and complete roll out of all the flavors to include V-Fizz, you still wouldn't change your tune.
I have a little experience with of conference calls and will give my input on how they were done.
Generally, the CEO (or whomever will be conducting the cc) will have a company rep obtain questions from the shareholders. Weather it be from shareholders on this board or another board/site. Remember, we on ihub are not the only holding MINE shares.
Once the CEO has the list, he will compile the list and then answer whichever questions he deems fit. Most of us have the same questions and I will bet that he already knows 95% of the questions that we want answered (if not all the questions).
I highly doubt anyone will actually be asking question "live" on the cc. The questions and answers are usually prepared before the cc.
The CEO may do a recording answering the most relevant questions and then release the recording or he may set up a number where the shareholders can call in to hear him answer the questions "live," which is preferable.
Again, I highly doubt anyone will be able to speak at this cc; we will more than likely only be able to listen. IMO, the reason that things are done this way are two-fold. 1st, it gives the CEO time to prepare the answers but most importantly, could you imagine if some unknown person was allowed to ask any questions he wishes to.
Remember, there are a lot of people who would love nothing more than to see Vanis & company fail. If they were to allow just anybody to ask questions randomly, remember, these people certainly would be on the call also.
So to me, the real question is whom is going to compile the list of questions and how will they do it.
All IMHO....
My pleasure
Can investors short sell pink sheet or over-the-counter stocks?
Short selling is an effective trading strategy that can be employed to hedge the risk of a loss on an off-setting position or to speculate on an equity's price movement. In essence, short selling entails selling a stock that you do not own. An investor does this by borrowing the stock and immediately selling it in the market. If the price of the stock goes down, the investor makes a profit by purchasing the shares and delivering them to the individual from which they initially borrowed them. The profit arises from the difference between the stock's price at the time it was borrowed and the price at which it was subsequently purchased.
In regards to pink sheet and over-the-counter (OTC) listed securities, short selling is allowed. An OTC security is one that is not traded on a formal exchange such as the New York Stock Exchange or the American Stock Exchange. OTC securities are often quoted on the OTC Bulletin Board (OTCBB). Pink sheet securities are very similar to OTC securities in that they are not listed on exchanges, but are quoted on a daily publication issued by the National Quotation Bureau. However, pink sheet securities carry much more risk because they do not require the companies to register with the SEC or stay current in their financial statements.
Although short selling is allowed on these securities, it is not without its problems. Short selling on OTC is extremely risky because these securities are often very thinly traded, which makes them very illiquid. This illiquidity can prove hazardous if an investor needs to cover an increasingly unprofitable short position. If the volume is very low, covering the position may become a very unlikely prospect. Another problem that has arisen with short selling in OTC securities is the use of pump and dump schemes. These schemes are done by con artists who use internet message boards and SPAM emails to heavily promote a thinly traded stock in which they have long positions. When this happens, the result is often a high spike in the price of the stock, followed by a fall. However, the initial spike will devastate any investor with a short position. These schemes often use OTC stocks because they are relatively unknown when compared to exchange traded stocks.
On 4/11/14
"Yeah I was being sarcastic. Just look at the PPS for the last week. This is headed to half a penny. Sad but realistic."
"So what is you guess for bottom here? I say .005"
"Again I don't own a single share of MINE, believe what you will, just curious to see when the bloodbath ends."
Thanks, we needed that.
Wow,you are so intelligent. How did you find that...Well, you know what this means...BUY
Truthfully, although I can make a reasonable defense of what you are speaking about, I will not waste my time discussing it with you. I don't really care what you think.
All I can say is, think what you may, don't buy a single share until the pps gets down to sub penny, which is where you want it (yeah right....NOT).
In the meantime, for all who have been watching the events unfold right before our very eyes, we know what we have here.
Notes being paid off, contracts signed and all flavors of our product about to be announced...ALL SYSTEMS ARE A GO COMMANDER
The demand for COFFEE BOOST™, in all current flavors (Coffee, French Vanilla, Hazelnut and Mocha) has exceeded initial demand projections. Due to the confirmed major chain placements and corresponding demand, Level 5 has scheduled a full scale production run of COFFEE BOOST™ in all four flavors for late February. The process of ordering materials and ingredients and scheduling the production facility requires an approximate six (6) week lead time for COFFEE BOOST™.
"Level 5 will utilize new distributors to service the new key accounts for COFFEE BOOST™ as requested by these larger chain accounts."
"Our newest distributors have accepted our applications, insurance and operating procedures and are currently coding in all of our sku's into their system. We believe the relationship with these larger distributors will make market expansion easier and faster."
You can choose to eihter believe the MINERCO team or take everything that they say as a lie. It's your choice; for those that have bought and are holding, we've made our decision and you have made yours. Have a nice life; bye.
Ok, if that's your opinion then don't buy any shares. I'm sure that you can find a stock that you like and rather spend time talking about.
btw, during the time frame that you are talking about most of the bottle's were given away free...It's called marketing.
"I will say that I have discovered or uncovered something that might make MINE have a nice spike tomorrow. Didn't expect to find what I found, do your own DD, just trying to be fair. Take it for what it's worth."
It's worth nothing...Your opinion has absolutely no credibility on this board.
It's funny how you can post negative opinions about MINE wth absolutely no evidence to back up anything that you say, for a month but when you have something positive that you have discovered it's a secret that you refuse to say...
Now that's funny
MINE: 4/10/14 BREAKING NEWS 3rd 8k in 3 days-ALL DEPT BEING ELIMINATED; WOW
http://www.sec.gov/Archives/edgar/data/1451514/000135448814001765/mine_8k.htm
APRIL 9th, BREAKING NEWS: MINE RELEASES 2nd 8k in 2 Days...WOW
In the words of SS1; "$MINE Another DEBT BITES THE DUST:))"
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=9910982
April 8, 2014:BREAKING NEWS 8k Released-100 million shares retired:
http://archive.fast-edgar.com//20140408/ABAZW62CZ2223ZZ2222B2ZZZD7IQZNI2FO62/
APRIL 1st, MOST RECENT PR'S:
March 31,2014PR: Minerco Resources, Inc. to Meet With All Note Holders and Lenders Prior to Investor Conference Call
http://ih.advfn.com/p.php?pid=nmona&article=61658724
MINE: 4/10/14 BREAKING NEWS 3rd 8k in 3 days-ALL DEPT BEING ELIMINATED; WOW
http://www.sec.gov/Archives/edgar/data/1451514/000135448814001765/mine_8k.htm
APRIL 9th, BREAKING NEWS: MINE RELEASES 2nd 8k in 2 Days...WOW
In the words of SS1; "$MINE Another DEBT BITES THE DUST:))"
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=9910982
April 8, 2014:BREAKING NEWS 8k Released-100 million shares retired:
http://archive.fast-edgar.com//20140408/ABAZW62CZ2223ZZ2222B2ZZZD7IQZNI2FO62/
APRIL 1st, MOST RECENT PR'S:
March 31,2014PR: Minerco Resources, Inc. to Meet With All Note Holders and Lenders Prior to Investor Conference Call
http://ih.advfn.com/p.php?pid=nmona&article=61658724
MINE: 4/10/14 BREAKING NEWS 3rd 8k in 3 days-ALL DEPT BEING ELIMINATED; WOW
http://www.sec.gov/Archives/edgar/data/1451514/000135448814001765/mine_8k.htm
APRIL 9th, BREAKING NEWS: MINE RELEASES 2nd 8k in 2 Days...WOW
In the words of SS1; "$MINE Another DEBT BITES THE DUST:))"
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=9910982
April 8, 2014:BREAKING NEWS 8k Released-100 million shares retired:
http://archive.fast-edgar.com//20140408/ABAZW62CZ2223ZZ2222B2ZZZD7IQZNI2FO62/
APRIL 1st, MOST RECENT PR'S:
March 31,2014PR: Minerco Resources, Inc. to Meet With All Note Holders and Lenders Prior to Investor Conference Call
http://ih.advfn.com/p.php?pid=nmona&article=61658724