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.
And so was coffee boost. We learn from the past.
And so was coffee boost. We learn from the past.
No proof. Just more smoke and mirrors from Vanis.
Definitely more dilution coming after the R/S. Company is cash poor and must authorized more shares to cover negative cash flow.
Avanzar operates at a loss. There is a difference between gross revenue and net loss.
Death by poor management. He can't even take care of his person life. Tax judgements, foreclosure, judgement for past due child support, DWI and we expect him to be management material to run a company.
No class action attorney will take the case. MINE hwill not have the money to pay when they lose and will file bankruptcy to get out of the judgement. No need throwing good money after bad.
Just like he launched Coffee Boost???? Minerco is a shell company to test Power Brands products. Vanis just wants enough money to cover his salary even if the company is losing money. That my friend is a FACT.
If we were at $1 before r/s we would be at $100 but we are not. Fact is we will not get close to uplisting unless he does a larger r/s, then you still won't see new players because of a negative balance sheet and over paid management.
I hope you see a miracle, but without another large r/s how do you see the stock reaching $2.00. Remember its at Vanis's discretion.
Vanis always leaves clues. Writing is on the wall straight from the DEF 14C.
The Amendments will become effective upon the determination of the Chief Executive Officer, IN HIS DISCRETION,at any time prior to December 31, 2015.
He will change the r/s to 2000:1 at his discretion. That will get him to $2.00
Shareholders can't vote. Vanis has maliciously converted debt from friends by to preferred stock and taken 52% control of the voting rights so he can do whatever he wants and common shareholder have no voice. Common shareholders are screwed.
Fact: 281 N Puente is only 28,730 sq not 87,000. You pride yourself on DD but your making up stuff. They have delivery vans and not trucks? LOL
http://www.orangecountywarehouses.com/listings/281-n-puente-st-brea-ca-92821/
Really? Google pic from 2013. Shows Less than truckload carriers. Proof they have no equipment. Thank you.
BIG RED IS GETTING OUT!!!
On April 21, 2015, the Company through Level 5, Big Red, Inc. ("Seller") and Power Brands entered a limited partnership interest purchase agreement to purchase a partial interest from Seller totaling five percent (5%) interest of the equity of VitaminFIZZ, LP ("the Partnership") for a cash payment of $130,000 and the assumption by Level 5 of Seller's inventory of VitaminFIZZ branded aluminum can products.
5% was valued at $130,000 less $30,000 in inventory = $100,000
20x = $2,000,000 divided by As of Sept. 11, 2015 Shares Outstanding 3,484,440,155 = $.00057
You have to wonder if Vitamin Fizz is doing so well why would Big Red sell their interest.
Vanis owned VSV Resources until he screwed investors,closed the company and started Minerco. Got foreclosed in 2010 and is sucking money out of the company in order to take care of his family. Look at the General and Admin costs $1M in 3 months. Major RED FLAG
Avanzar at 281 N Puente St, Brea, Ca does not have any loading docks. How can a distribution company load trucks without a loading dock? More smoke from Vanis leading the cattle to slaughter.
Try to get a detailed financials. They are getting paid cash. Using the company money to wine and dine their families. Just a business expense they can hide. Do you really think they are worth $375K per year. They are learning as they go and making huge mistakes just like Vanis admitted to in the conference call. Writing is on the wall.
Vanis get $225K per years. Messina get $150K per year. Gets paid both with payroll and preferred stock which will dilute common when he converts. He said in the conference call he was going to take control of the company. We just didn't listen.
A lot of good people got caught up in the lies. Been here along time and have lost all faith in management. I hope Vanis understands he has lost a big following.
Poor management, overpaid salaries and bad business decisions has destroyed this company and product. Justin Beeber wouldn't even want to take worthless shares to endorse. No bid soon to come.
Nice move. They have management with experience.
He didn't say that. He said more dilution.
LOL With what money? More toxic debt?
Vitamin Fizz will disappear from the market just like Coffee Boost. Vanis has a track record on continuous failures.
Take a look at BBDA. This is where MINE will be by March. Both are using the same playbook.
I don't believe a word Vanis says. He is an illusionist only there to drain the company in order to pay for his habits.
You see the BIG picture. :)
No buyback. They have no money to buy anything back.
10Q shows gross revenues about $450k per month but a net loss of roughly $115K per month.
No one wants to partner with a licensing agreement that takes 49% on net profits. Big boys will make their own version of Vitamin Fizz.
Vanis will never uplist. More dilution coming after the r/s. He needs money to pay his ungodly salary.
Not like you have been led to believe. They do not occupy 281 N Puente in Brea,CA.
Believe what you want.
Avanzar never was. Drove by 281 N Puente and Strategic Enlace Sales and Marketing occupies that building. Another fictitious company Vanis and Messina made up.
Minerco is a shell company for Power Brands. Vanis gets paid by Power Brands to test their products. Minerco shareholders pay for all the marketing and distribution. No returns.
I do not believe there will be any profits. $30K per month for crappy management plus cash being sucked out to keep Avanzar from bankruptcy. Going to continue to go down until its bankrupt or new management comes in. Vanis and Messina do not know how to run a company.
LOL Then he can't cash the hot checks
What has changed is the deception from management.