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Coca Cola has Glaceau FruitWater that is a vitamin enhanced sparking water. A little less viatmins but tastes great. I don't see Vitamin Fizz taking much of Glaceau FruitWaters market. They are already in store nationally.
I agree if we did not have more shares coming to the market. Def 14C states r/s will put stockholders ownership to 35M, but a/s will go to 250M. 215M more for dilution or acquisitions. Either way shareholders lose.
Then you will make plenty when Vanis starts dumping his 250,000,000 shares.
TRIPS AGAIN with all the good news coming. Keep pumping boys.
Don't forget Vanis will get 215M more to dump on the market after the R/S. All in the stockholder letter.
More of the same cheap techniques Vanis has been using since the started the energy company. Just keeps throwing out new products and idea to keep investors hoping. Vitamin Fizz will go away just like the hydroelectric, coffee boost lines and THC line. Vitamin Creamer and Island Style will be soon to follow. Expect something new on his next PR. He doesn't know if he wants an energy company, a beverage company or a distribution company or whatever. He uses the crap and fan management style. Throw his crap in the fan and see what sticks on the wall and run with it. No clue what he is doing.
I don't recall telling you how many shares I own. I quit reporting to SS for his BS spreadsheet. Go back and check. Sadly to say I still own shares. I've been here a long time and have seen SS1's lies.
Meaningless. Does not prove anything except I dumped a couple of mill today.
Not true. We have 215M going to hit the market real soon.
Explain to me where the 215,155,598 share is coming from if a 1:100 R/S of 3.5M would put us at 35M?
Play on words by Vanis. 1:100 R/S of 3.5B equals 35M. How do you reduce to 250M is you are already 35M. He has increased shares to 25B and the 1:100 R/S will reduce it to 250M. That is what gives him the 215,115,598 additional shares stated in his letter to stockholders.
It has already been done.
How does a 1:100 R/S of 3.5B get you to 250M. Math does not work. 1:100 R/S of 25B equals 250M. Sorry to bring you the bad news. Vanis just puts his spin on it and most can't do the math to really see what he is doing.
Read it again. They raised it to 25B and the r/s will drop it to 250M. Tell me how a R/S of 1:100 on 3.5B equals 250M. Do the math.
In reality we have an increase in authorized shares of 21.5B to 25B and a 1:100 r/s that will bring the outstanding shares back down to 250M. This reduced the current shareholder equity to 14% of there value before the actual r/s occurred. Once these new shares start hitting the market pps will drop future.
We have 14,850,000 preferred a stock for that
If you are a shareholder you received the same notice to stockholder. Read the middle of page 5. "Remaining 215,155,598 would have a material dilution effect upon existing stockholders".
Just read the info Minerco sent my broker. Vanis has increase outstanding shares from 35 mill to 250 mill. Dilution will start right after the r/s.
Dilution is spelled out in the def 14c. Read it carefully and do the math. A/S will increase from 35M to 250M.
Yes I do.
What happened to his VSV Resources LLC? Possible it went broke so he started Minerco. Interested one folds in 2009 and the other starts in 2010.
More lies just like Coffee Boost, Vitamin Creamer and THC. Vanis makes a lot of statements just to boost shareholder moral that never happen.
We don't know that.
You are right on. Vanis can not be trusted.
We just need a CEO that knows what he is dong and board of directors that keeps him on track. We have neither.
Read the DEF 14C carefully and do the math. Vanis always leaves bread crumbs. Major dilution coming after the r/s.
Brother I am with you. Believed the lies until I dug into the misleading statements. It amazing what you can find out when you learn where to search and know people in the business that can give you info on what is really happening.
1:100 r/s 3,500,000,000 divided by 100 = 35,000,000. But they are moving authorized shares to 250,000,000. Is that not an increase of 215,000,000 shares after the r/s?
Remember this is an energy company that couldn't get anything going. Now with unknowledgeable management make huge mistakes and killing shareholder equity. Gives himself a pay raise to $224K per year, but does nothing to increase stock price. One bad management decision after another. Looks like he is running this part-time and by the seat of his pant.
Fact: Straight from the 10Q. Cost of Goods Sold is more than Gross Revenue by $120K over 3 months. General and Admin Costs over $1M over 3 months. When with this thing bleed out?
Not enough business to justify $250K per month. Avanzar delivers out of cargo vans. Reminds me of the cheap cologne door to door salesperson.
Anyone notice on the last 10Q the General & Admin cost of Predecessor was averaging $89K per month and after the purchase the Successor is averaging $342K per month. Did Avanzar put Vanis and Messina on their payroll? Why is General and Admin cost going up so much?
Vitamin Fizz UK is a lost cause. We are working with thin margins and you add in shipping costs to the UK and that leaves nothing. Money loser for sure.
We will see $.10 by end of year. The R/S will take us to $.10 then the will see $.05 within weeks after. Vitamin Fizz is fizzling out (without its loyal followers that have been screwed again)and will be replaced by something new, just like Coffee Boost line was. More dilution after the first of the year. We need to learn from the past. Looking back Vanis playbook is easy to read. More toxic debt coming from his so-called financial partners. This will never uplist to NASDAQ. This stock is going no where but down.
Vanis has spread the company to thin. He should have stuck with just a few sku's and grown them instead adding other products with no money to grow them. Now the company is in a horrible financial position without a proven product. Investors have lost faith and now product is sitting unsold on Amazon and store shelves. Without a loyal following the company will go bankrupt soon.
Vanis has spread the company to thin. He should have stuck with just a few sku's and grown them instead adding other products with no money to grow them. Now the company is in a horrible financial position without a proven product. Investors have lost faith and now product is sitting unsold on Amazon and store shelves. Without a loyal following the company will go bankrupt soon.
Guess u have the cheap 15 minute delay. Only 440,300 left at .001. 1 mil at .0009
A couple of mill and we are at .0006. Possibly before eod
Vitamin Fizz going on the back burner just like Coffee Boost. Vanis needs another product to rally support. Minerco is just a shell company to test market Power Brands products.
You said the same accumulation at $.0025. Look where that has got us.