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It is. 535k shares. 61.20 / 61.25
Or maybe the HF are the ones that bought all the options.
Seems like volume mostly dried up after hours :-/
Is this good or bad?
Lol, but then you realize that there hasn’t been any new posts by MINE on Twitter ... did they close up shop, steal the concert-goers money, and then go dark? I’m surprised they haven’t commented on the suspension.
Serious question. What does HODL mean? I thought it was just hold misspelled, but it’s happening way too frequently to be that.
Did it get halted?!? Glad I got out.
When are the financials going to be posted so I can get out of this garbage already?
Well this is disappointing to say the least.
Lol yep. I think they lost their credibility with the whole Jamaica land fiasco. But this also seems to be the pattern as of late. Runs up a little bit and then tumbles right back down. Was hoping to get a little more around 0.0035 today, but then news came out and it popped back up. Maybe in another week I’ll get the chance.
Personally, I would like it to hit 0.004 in a couple weeks when I can buy again
It’s out.
https://www.newsfilecorp.com/release/77160/
Minerco Acquires $2.5M of Revenue from White Label CBD Company, WLCCO Inc
Minerco completes purchase of WLCCO Inc and increases psilocybin production capacity
Oakland, California--(Newsfile Corp. - March 14, 2021) - Minerco (OTC Pink: MINE) announced today that they have acquired WLCCO Inc, a white label CBD company that generates approximately $2.5 million in annual revenue. This strategic purchase includes crucial equipment, increasing microdosed psilocybin tablet production capacity by 1 million units daily. In markets where psilocybin is not legal, Minerco will manufacture unleaded medical mushrooms including Chaga and Lion Mane as legal alternatives.
Minerco leadership announced the company's four critical goals at the Sankofa Shareholder and Vision Summit held on January 24, 2021:
Retire Debt
Acquire the equipment necessary to manufacture 1 million micro dots daily
Launch anticipated blockchain token SHRU
Acquire a U.S. location to maximize operations both domestically and globally
On February 16, 2021, the company announced a full settlement of debt to EROP capital. As of March 1, 2021, the company successfully launched their Blockchain token SHRU and payment application SHRUCOIN Pay. With the acquisition of WLCCO, Minerco leadership can now say that they have achieved three out of the four goals laid at the Summit with the acquisition of WLCCO.
The company is optimistic about these business developments. In light of this, Minerco CEO Julius Jenge released the following statement:
"Increasing the company's microdosed psilocybin tablet production capacity was a crucial goal to prepare the company for success as legal markets expand in the United States. We are fully prepared for the bright future of this newly legal industry and feel confident in the firm's ability to meet growing demand."
About Minerco Inc.
Minerco, Inc. The Magic Mushroom Company (OTC Pink: MINE) is the pioneering company specializing in the research, production, and distribution of psilocybin mushroom products ("Magic Mushrooms''). The Blockchain token SHRU can be used for purchases relating to psilocybin and cannabis. SHRU can be purchased at www.shrucoin.com. Consumers can also utilize the SHRUCOIN Pay app by visiting www.shrucoinpay.com . To learn more about Minerco, Inc. visit them at www.minercoinc.com. To research Minerco, Inc's. stock histogram chart please visit OTC Markets at www.otcmarkets.com and search under the ticker MINE.
Follow us on twitter
@minercoinc
Investor relations
miners@minercoinc.com
About WLCCO
White Label CBD Co (WLCCO Inc) is a seed to shelf full-service private label manufacturer of industrial hemp CBD products with over 10 years industry experience and produced in a cGMP facility. Their trusted source of raw products out of Lexington, KY extracts over 20,000 pounds daily using safe CO2 for solvent-free extraction.
MINERCO, INC. INC FORWARD-LOOKING STATEMENTS
This press release contains statements that the Company believes to be "forward-looking statements" within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. All statements other than historical facts, including, without limitation, statements regarding the investment offerings and the terms thereof, are forward-looking statements. When used in this press release, words such as we "expect", "intend", "plan", "estimate", "anticipate", "believe", "should", or the negative thereof or similar terminology are generally intended to identify forward-looking statements. Such forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in, or implied by, such statements. Investors should not place undue reliance upon forward-looking statements. The Company disclaims any obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.
This is absolutely absurd
Hmm. To sell or not to sell.
The PR says they “purchased” and the tweet says “can’t wait to kiss it” ... meaning enroute and that they don’t have it yet which means the stock photo does make sense. Although, there’s always the possibility of this being fake, I personally feel a little bit better about it. I’m assume we’ll get a real picture of it once it arrives.
You have to scroll to the right. Took me a while to figure it out too.
This was posted on Stocktwits; apparently there was a PR, just not the typical NewsFileWire.
https://www.accesswire.com/632967/Minerco-Purchases-Custom-Equipment-and-Production-Line-To-Produce-1M-Psilocybin-Micro-dose-Capsules-Daily
Guess we’re not going to see a PR this morning for paid off creditor or pill machine delivery?
I could be wrong, but I’m pretty sure that on the last conf call I they said that they couldn’t legally crowdsource the entire 5 mill in the first month — that they were hoping to have at least 1 mill in feb or so.
Yes, they seem to be slow adding people.
Did it start yet ? Just hear hold music
I hope that he’s on the call period. We haven’t heard from him at all on either of the calls.
FWIW: Guess we’ll see what they have to say about the rumor ...
https://www.newsfilecorp.com/release/74922/
Conference call Sunday; there’s a working link in the PR
I think 3 looked the best. #4 extends outside the bounds of an actual coin so I crossed that one off first.
Ameritrade already shows bid / ask as 0.14 / 0.141
Old news though
Oh man, you’d be kicking yourself for sure, if you had sold it for the loss.
Was traveling all day today and didn’t stop to check price until mid day and was quite surprised to see it at 0.0038. Still can’t believe it closed just a couple ticks short of 52 week high! Came here looking for the news that set this off, but didn’t find anything. Hmm ...
According to filing same number of OS shares as they had in July 2020 ... no dilution?
Did they publish something today? I’m not seeing anything from today on otcmarkets.
He didn’t lay out a game plan? This is what I heard:
The day after the deal is finalized between Lazarus and Minerco, they can start growing cannabis and mushrooms.
They can start getting money from the capital raise in February and hope to complete it by May.
When the money is available, they will purchase microdot equipment from Asia and it will take ~ 80 days to get to Jamaica. Meanwhile, while they wait, they will be growing.
He said that they are already ready to ship to countries that can legally import.
He even invited all of the shareholders to go to Jamaica for (I think he said 3rd quarter) for the quarterly update.
Could all be a bunch of fluff, but at least it’s something we can check them on. They’ve laid out the goals, now we wait and see what happens. If they don’t update us properly (quarterly as Paul said), then jump ship. No company ever makes money day 1.
Me personally, I’m going to wait around a bit and see if they stand by their statements and actually make progress.
They closed A deal ... IMO, not the one we care to hear about. A digital platform, so they can host conferences?
So now we wait for partnership between Minerco and Lazarus to be finalized in Feb, along with capital being raised thru May, and they start growing in anticipation of microdot equipment being ordered / delivered and then revenue starting in August, 2021.
Just like last time, they don’t start on time .,,
LOL wishful thinking
When I think Wild West, I think of an empty town with the tumbleweed rolling down the street. Nobody’s around.
LOL
Hmm ... yes? Valuation may be $1b, but company profit is still < 0 and still remains to be seen if things really will be different with new management. Looking forward to the call on Sunday.
We knew this last week