Winnemucca, NVRetired Geologist/Mining Engineer
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No I don't know for sure if it was a mistake. Just trying to explain why there is so much confusion.
Greg This is what I think happened in regards to the chatter about a 10-K due.
The confusion about the 10-K coming due is because Minerco filed both an NT 10-Q and an NT 10-K on 03/17/14. The NT 10-K stated the 10-K would be filed in 15 calendar days.
We all know the 10-K for the fiscal year ending 07/31/13 was filed on 11/13/13. The NT 10-K filed on 03/17/14 may have been filed by mistake and then followed up with the NT 10-Q after they realized the NT 10-K was a mistake.
In any event, I think most investors here are not expecting another 10-K next week.
The confusion about the 10-K coming due is because Minerco filed both an NT 10-Q and an NT 10-K on 03/17/14. The NT 10-K stated the 10-K would be filed in 15 calendar days.
We all know the 10-K for the fiscal year ending 07/31/13 was filed on 11/13/13. The NT 10-K filed on 03/17/14 may have been filed by mistake and then followed up with the NT 10-Q after they realized the NT 10-K was a mistake.
In any event, I think most investors here are not expecting another 10-K next week.
I am going to order some more as well. I am anxious to try the new formulations.
Tweet just received
https://pbs.twimg.com/media/BjrI1loCMAAFWwe.png:large
My shares locked at $1.50
Now 0.033/0.034 VFIN changed to $2,000/share
0.033/0.0313 on Ihub and E-Trade. VFIN may be trying to keep the open down
Thank you to all who have served and are continuing to serve our country in all the military services.
U.S. Army Corp of Engineers, 1966-1968.
Long term investor in MINE and will continue to hold for what I believe to be the best investment opportunity of my life.
Under section II, paragraph (b) beginning with "or the subject quarterly report or transition report on Form 10-Q or subject distribution report on Form 10-D, or portion thereof, will be filed on or before the fifth calendar day following the prescribed due date"
Not delinquent. Energy drinks and much more. We believe it
That is my understanding as well.
When I sell on E-Trade, funds are available immediately for purchasing stocks, but I must wait 3 days if I want to withdraw the funds.
Just reset on Etrade Good for 60 days at $1.00
I am on Etrade and have it set at $0.50.
They don't get paid overtime. At least not yet. That could be changing soon.
I agree, just taking it one step at a time.
Next leg is two pennies and then a nickel followed by a dime. All coming very soon in my opinion.
We have been talking about penny land and copper for a while now and we are actually there. Next stop??
Glad to see you checked in. Followed your posts and read your DD on a daily basis. I have also done extensive DD and have added more shares over the last few months. Still holding long and expect MINE is on the brink of something big.
I am on E-Trade and have GTC sell order set for $0.50. Will raise that level as necessary to keep MM's from borrowing my shares to short sell them
4.8 million
Thanks, SSI I will follow up tomorrow.
SSI, I read all of your posts and especially those that include transaction data. I keep spreadsheets as well but have not been able to keep them as up to date as yours
I have focused my attention on debt, note conversions and note payoffs. Even though debt remains relatively high, Mine is now in a position to pay off the remaining toxic debt with revenues and new favorable financing. I am still a strong believer in Minerco's management team and that they will protect and enhance MINE shareholder value.
Thanks donatella
I have tracked every move by MINE over the last 3 years and I am more confident than ever. I have my own charts and spreadsheets which help me understand where Minerco has been and formulate an expectation for the future.
Message for Investors
This message is for investors, not short term traders or day traders.
My wife and I are retired and have most of our retirement money in various retirement accounts, but those accounts are not large. Therefore, we have invested our disposable income in a number of stocks with some success's and some not so successful. None of those investments have been life changing up to this point.
We invested in MINE in 2010 because it was a green energy company, but after two years, it appeared to be one of our unsuccessful investments.
However, when MINE started making management changes and entered the beverage business and began exiting the energy business, we believed that MINE's restructuring had the potential for a complete turnaround.
We began adding shares in early 2013 and have bought and sold shares as our cash flow dictated. We have been through the reverse split, the convertible notes, the run-up to $0.0071 and the selloff to $0.0012.
We believe MINE has developed an excellent management team and business plan and are executing that business plan in accordance with their public statements and SEC filings.
We continue to believe that MINE will be that life changing stock for us as well as other long term investors.
Sorry about the long post, but I did not know how to write our message with fewer words.
Did you notice the alias of the poster who mentioned $12-$15???
I believe the 4999 trades were a successful effort by a big investor to prevent a walkdown of the PPS by MM's or other traders who may have a motive for the price to decline.
Looks that announcement was from Feb, 2013, not Feb, 2014
Note 2 on the Form 4 shows that there were multiple trades between 0.0016-0.0018 over multiple days. Trades could have occurred prior to 02/25.
Added a total of 1.3 million today, 14's, 15's and 16,s. Looking forward to the next couple of weeks.
Thanks. I am confident MINE will pay off big time in the mid-term and long term. I have been patient and will continue to hold while MINE continues to build an awesome business.
I have been invested in MINE since 2010 and have added shares every month since Feb 2013. Now holding long and strong.
MINE is ready to move up again in a big way.
Minerco continues to execute their business plan on schedule and deliver products and results in accordance with their stated objectives.
The 10K will provide documented evidence of Minerco's continued delivery on the execution of their business plan.
Those investors who read and understand the exhaustive DD done by members of this board know that MINE is a very rare opportunity to invest in a stock that will change their financial future.
Toxic debt to Asher now gone. Toxic debt because if the notes are converted, they are converted at 35%-55% of the lowest 3 day average price and then dumped on the market. If prepaid, you have to do it 3 months early and pay a 75% penalty. But Asher is now gone from MINE's balance sheet.
I have similar opinions about some of the posters on this board, and when I expressed them in a post, my post was deleted and I was warned about making personal attacks.
Congratulatins on your early retirement.
Most of my investments are in 401(k) and IRA accounts in stock funds and bond funds, but I have had an E-Trade account for several years invested primarily in oil and mining stocks.
I have done quite well with most of them and have only invested in a few penny stocks with mixed success. Originally invested in MINE because of the green energy projects. Those did not go well but I held my MINE stock and now continue to add shares because I am thrilled with the way the new management team has turned this company around and have cleared the toxic debt and have exciting products on the market.
I am confident MINE will continue their growth at an ever accelerating pace and will produce strong financial results for shareholders. Good luck to you and all MINE investors.
Happy Birthday Ganda & Step by Step. I turn 71 on Nov 30.
Actually worked in hard rock mining for 48 years. Made and lost a small fortune a couple of times in mining and now hoping to make a fortune with MINE. I don't plan on losing it or spending it but leaving it to my kids someday.
Danny. Many of us here share your frustrations about how MINE trades some days with the bid sitting and bid whacks. I don't subscribe to that strategy and I invest for the long term.
I have been here for a very long time and have added shares frequently, always buying at the ask. I don't day trade, so I will continue to hold my long position in MINE. I have no doubt that patience will reward us in a big way in the long term.
I am in the same situation as you. I have been buying shares at the ask for several months and also hold over 3 million shares at a low pps. I have averaged up from 0.0012 to 0.0026 since May. I bought more yesterday @ 0.0034 and 0.0037 but I am out of funds for now.