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.
Outstanding shares up 93% since January 31, 2016
45,132,238 a/o Jan 31, 2016
86,990,717 a/o Apr 01, 2016
More to be reported soon!
Fibonacci knowledge "If revenues on the Income Statement are stagnant or growing only slowly, you need to know why. If they are declining, it is probably a sign that this is not a good investment." Revenues declined $727,878 for 6 months ending January 31, 2016
Total Comprehensive Income (Loss) for 3 months ending Jan 31, 2016
$(1,460,349)
Net Cash Flow for 6 months ending Jan 31, 2016
Net income (loss) for period $ (2,843,703)
Straight from the 10Q
Total assets down $204,982
Total Liabilities up $1,045,280
Minerco, Inc.
Consolidated Balance Sheets
(unaudited)
January 31, July 31,
2016 2015
ASSETS
Total Assets $ 1,574,519 1,779,501
LIABILITIES AND STOCKHOLDERS’ DEFICIT
Total Liabilities 6,967,898 5,717,636
Minerco, Inc.
Consolidated Balance Sheets
(unaudited)
January 31, July 31,
2016 2015
ASSETS
Cash $ 345 $ 7,258
Accounts Receivable, Net 148,197 128,029
Inventory 187,875 304,746
Prepaid Expenses 4,896 5,896
Notes Receivable, Current — 117,196
Current Assets 341,313 563,125
Other Assets
Property and Equipment, net 100,700 112,360
Prepaid Expenses, Noncurrent — 250,000
Goodwill 607,891 607,891
Customer Relationships, net 144,198 148,077
Intangible Assets, net 380,417 98,048
Total Assets $ 1,574,519 1,779,501
LIABILITIES AND STOCKHOLDERS’ DEFICIT
Current Liabilities
Accounts payable and accrued liabilities $ 2,788,836 $ 2,460,186
Note Payable, net of unamortized discount $18,360 and $0 149,970 149,970
Accounts Payable – Related Party 509,677 453,705
Convertible debt, net unamortized discount $790,458 and $204,036 133,989 89,690
Capital Lease Obligations, Current 5,169 22,080
Line of Credit 89,707 12,660
Derivative liabilities 1,300,242 352,587
Short term Debt 1,990,308 2,175,000
Total Current Liabilities 6,967,898 5,715,878
Capital Lease Obligations, Noncurrent — 1,758
Total Liabilities 6,967,898 5,717,636
Dilution is paying for those assets. Avanzar is losing money. Ready the 10Q again.
Sure it is. I want to know what the CEO is doing on the company I invest in.
Avanzar has a negative cashflow. You can high a bunch of inefficiencies in revenue but bottom line is that they are losing a lot of month each month.
You do know Vanis helped write that.
Yo Gabba Gabba can't claim their drink is healthy either. 20 grams of sugar.
Goldman Small Cap Research has been compensated by a third party in the amount of $5000 for a research subscription service.
Not true. You need to use the post split price of .10 on 9/25/15. Actually the price has dropped 75% since September 25, 2015.
T Trade at 16:08 .0261
Please provide proof that there was R&D done on the caffeine drink. There was no R&D spent on the last 10Q. Is there really a product or an idea?
It says a lot about his character. You will when he runs off with your money.
Know who your CEO is. Not only felonies and assault charges but can't pay his taxes or mortgage so the city and bank fills a lawsuit. Know who your CEO is.
How did Vanis add caffeine if he spent no money on R&D in the last 10Q?
SSI received your PM. I still do not see where Vanis has any experience in the beverage industry before Coffee Boost or Vitamin Fizz. Please provide proof that he has experience in the beverage industry prior to this venture.
How can Vanis be involved in day to day operations if he is never there? Could it be he is not there because he does not have the experience?
He has no previous experience in the beverage industry. That is a fact. He is very high risk.
Vanis only experience in the beverage industry is trial and error. Most of it has been error. Look at his track record.
Next PR will be the 420 pump.
The ship is underwater. Vanis is trying to take all the gold.
Give us proof.
That is the history of Vanis. PR then dilute heavily. He has never follows through. Just fluffy to pay the bills
I noticed you didn't add "Goldman Small Cap Research has been compensated by a third party in the amount of $5000 for a research subscription service." Why are your trying to deceive investors?
Goldman Small Cap Research has been compensated by a third party in the amount of $5000 for a research subscription service.
Yea. I heard White Snake is still touring too. whoopy!
Kids 50 is not an Exhibitor or Sponsor. How will anyone know there is a drink? Useless for MINE
Avanzar has not posted on FB in 6 months. They don't believe it works or they would be using it more.
So what? It brings no value
It didn't work to well or Yo Gabba Gabba world have been distributed nationally by now. D
Find something current. 2013 events are not relevant. Did MINE acquire Yo Gabba Gabba because they couldn't pay Avanzar commissions leading to the conclusion they are in deep financial trouble just like Avanzar.
Vanis learned from Eric Cousens and had a better means on robbing shareholders with OTC MINE
Which r/s? We have already had 2. Third will be in 18 months if not sooner.
It shows they did no research. People trying to live healthy try and avoid caffeine.
It is the truth. I had them call me and I asked how they got my number. They informed my they got it from Minerco off the conference call list.
MD You have it wrong. He wont send out a letter he will hold another conference call and sell our numbers to stock promoters just like he did before.
You got me. I only made $245K. Good luck