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Easy, the track record was followed, the kool-aid wore off, the lies/misleading statements were tallied, and a few took the time to understand the Q's over the fairytales..
That is a joke.. For real.
Not yet.. Might be too tough and incriminating for him to answer that one..
I honestly don't think it is personal money...
I have a feeling we get close to sub penny.. I am not sure what can help run this thing anymore.. So much has been priced in at this point, and Scott dangled the 'National Carrot' so long ago, and apparently it won't even happen until after 2016, and I feel the 'workhorse' if there even is one will be nothing short of a let down at this point..
With all that said, and after watching for two years, MINE will most likely continue to downtrend..
Sadly, scrolling through that Twitter page is pretty funny! I laughed out loud at that one.. It reminds me of MAD..
I don't think the MINERs understand that. What the product is, or what it tastes like don't really mean all that much..
This board knows all about the entire sparkling water category, but that is because we are hyper aware investors. I don't think anyone in my family, or any of my friends or students even know or care what Sparkling Ice is, let a lone VitaminFIZZ..
A few of them have tried it, but even more haven't and aren't aware even in the slightest.
The math doesn't work out so nice either as Minerco will have to sell millions of cases to reach that $1 valuation. Lets see what Scott says the profit margin is.
This is a beyond crowded space, that is most likely going to change and move toward an even more healthy option. Healthy is what people are demanding, not chemicals..
If you read up, Coke is doing away with FruitWater, but is making a more healthful version to replace it with..
Agreed Leering.. He was on 420i pumping all that back at a penny a year and a half ago..
He was also DMing me to buy some other sub par stock that I am sure is in the tank..
I try to bring reality and reason to this board, something very few here understand...
Follow up e mail to CEO Scott Vanis.. (III)
Scott,
Like I said, I am very appreciative that you will take the time to respond to my e mails, and I think the MINErs for the most part appreciate it too, though it is a pretty divided camp as of the past few months. I would like to follow up to some of your answers:
1. I find it a little bit disconcerting that you are blaming the timing of the MINErs share purchases to the decline in pps without taking any responsibility for it too. Like I mentioned to you, I was writing 'positive' articles about your company in the early days, and I understand that since part of my career is professional journalism that readers might gravitate toward what I say. Earlier this year I started receiving e mails from people who followed my advice, and have since lost 97% of their investment, and I cannot help but feel partly responsible.
If you knew the valuations of Minerco were blown out of proportion, and you are using that as your excuse for the decline in share price, shouldn't you have issued a warning to your loyal shareholders about the over valuation?
From what I gather, most MINErs bought into MINE because of the things you said and mention in your PRs and what was said on the CC. Granted, Darin Ezra was responsible for a lot of the 'fairytales' mentioned on the CC, but many MINERs bought for these reasons:
a) How many times were the names Pepsi and Dr. Pepper Snapple used?
b) Darin mentioned many times that FIZZ would easily be in 10's of thousands of stores in a short time.
c) Celebrity endorsers
These are just a few things that stick out, and I would have to go back and listen to pinpoint even more misleading statements. Shouldn't you take some responsibility in all this?
2. I haven't studied the current 10K as much as I did the previous one, but anyone who takes the time to understand the Q's will know that Minerco is in negative cash flow and using shares to build the company. I know this dilution worries many of the first wave investors, and I am sure they would like an honest opinion from you on this subject.
3. If an uplist to a major exchange isn't too far away, how do you propose Minerco will achieve the $2-4 pps minimum requirement?
4. 30,000 cases of VitaminFIZZ were sold at roughly $7 (wholesale) = $210,000.00
a) it is a daunting number at just how much FIZZ needs to be sold in order to crack just $1,000,000.00 in revenue.
b) what is the profit margin on FIZZ?
5. Most MINErs like myself are roughly 85-98% down on our investments and realize it will be at least a 40 x's move (4,000%) just to break even. What are your thoughts on this?
6. An investor in MINE can't escape the feeling that you have thrown many misleading statements our way. We could dig through old PRs, but I will ask you about just one that many seem upset about. Please tell us what you meant when you said; "This year will pale in comparison?"
7. I think many MINERs are curious about what the Florida Spring Break was all about?
8. When can we expect tangible-concrete new on the 'Work Horse' brand?
I may have missed many things that I would like to say, or inquire about in this follow up e mail, but I also think there is enough here that we can start digging into some of the issues MINE investors are worried about. Like I mentioned before, you once had an army of loyal shareholders, but that number is dwindling fast. Many have lost faith, don't trust or believe you, and when you know you need a 40 bagger to break even on your investment, that just doesn't sit well with anyone.
Thank you again,
Brad Conroy
it is 1000% just to .30 cents.. A 10 bagger..
It is 4000% to that break even pps of $1... A 40 bagger...
boo..... That is all I can say... It is laughable at this point.. A 40 bagger, a 40 xs move to break even!
Yes.. I would have to seem some hard data on this too.. I still say this is a very niche market.. No money to be made here.. CBD teas will never be a household thing.. #MarkIT
I agree... This is a very niche market space.. I simply cannot see anyone in my family drinking a CBD tea, and have never heard anyone express any interest in such a product..
If it even comes to fruition, which I doubt it does..
Didn't he say it was a popular children's brand that was already cash flow positive?
A very big part of me agrees with you..
If FIZZ is such a home run, why would they reduce their stake to a 10% residual?
Also, if it is such a home run, what did it cost us if it truly is a positive scenario...?
Because so many of these MINERs made the foolish decision to drop more than 10k into a pennystock.. Sadly, they have no other choice..
This is just a carrot and really no different than FITXs 'Giddy Up..'
All credibility in Minerco has been lost at this point. More and more people are realizing how misleading Vanis has been, and it will take nothing short of a miracle for most of us to break even..
MINE has been tainted by the reality of the track record this CEO has established..
A miracle to run us just a few hundred % which won't even get us to .20 cents..
hahah... Agreed.
Sadly, it was Pitman who was the closest to the truth the whole time. The Kool Aid Vanis Poured was powerful..
Think about all the non-sense they poured down out throats on that CC.
You're overlooking the Fact that it has been the CEO solely who has laid out the expectations..
And perhaps SS1 saying we are due for a 1,000% run, but most everything I've read on this board has originated with the Company, and now people are finally getting hip to what is going on, and calling Vanis out on his misleading language..
Dude... No one has tried to bring this board down to reality like I have..
When all the MINERs were saying we were going to run 1,000 % long before the split, it was me bringing them down to reality..
The 'Workhorse' is supposed to bail FIZZ out of burning so much money, those are Scott's words, not mine..
I have never once said it was going to make this company profitable..
I use Scott's words and ideas to let this board know just how ridiculous they are..
Hidetoshi, I was the one who told you a R/S was coming, I was the one who told you Ezra was out, and I have brought reality to this board whether you or Little Guy Bryce want to accept it or not.
Here is a tip, the 'Workhorse' will be a let down, and it is most likely just another carrot Vanis is dangling in our face..
Lets see if it even comes to fruition..
I can't move on when I am 98% down... What is the point of selling my 5k shares for under $50?
Vanis has been very misleading, and in that e mail he sent to me he didn't even have the courage to take any responsibility..
I posted on Ihub and Twitter in the early days, and told him I was taking responsibility for guiding so many people into investing in this company just to lose all their money..
I honestly thought after his letter to me that there would have been something concrete coming our way.
I've known for a while that there wasn't going to be anything tangible.. It seems like every few months Vanis changes the carrot he dangles in front of us..
1. It was Boost.
2. Then it was Vitamin Creamer.
3. Then it was game changing account.
4. Now it is some miracle work horse that is going to bail us out.
Its crazy if you haven't caught on to the game by now. I haven't followed up with Vanis like he wanted me to because I haven't studied the K enough, and I am trying to make sense of all this madness before I do.
There is no denying that he as been very misleading to say the least.
The past two years have been nothing but a bait and switch, slight of hand, or smoke screen..
Name one carrot which has been dangled in front of us that has come true..
we are all stuck in this thing.. At 97% down I can't sell without some recovery..
Does it really say a 'Vitamin Yogurt' in the K? That would be a ridiculous product..
The new trend in yogurt is live cultures, and the yogurt isle is just as saturated as the beverage isle..
Please don't let it be this..
You're overlooking that 'if' it comes to fruition.. If being the keyword..
How many carrots have been dangled in front of us that have never come to pass? Too many at this point..
'If' this thing comes to fruition, and I'll remind you that we sold 30,000 cases of FIZZ at $7 (wholesale) to make $210,000..
Peanuts, especially if you want to reach that $1 pps and 35 million plus market cap..
Gonna have to sell A LOT.. and I mean A LOT..
If FIZZ is struggling, I can only imagine that this CBD tea will too.. It is such a niche market space.. Like I've said, not one person I know has any interest in a product like this.. Not one.
I think I agree... Especially since any concrete news is weeks or months off, this will continue to trend down..
I will be the first to say it.. I can almost guarantee that the 'Work Horse' will be a let down..
Sadly, it was Pitman who was right the whole time.. Every one of the 'pumpers/MINERs' couldn't have been more wrong.
Shares will be used to run this thing, the new share structure will grow, and whether you want to accept it or not, another R/S is inevitable.. Especially if they want to uplist..
So was any of this good for the shareholders who tagged along for the entire ride? Doubtful, my MINE shares are down 97% in one account, and it will take nothing short of a miracle just to break even..
Credibility for MINE is lost, and who knows what kind of miracle it will take just to run us a few 100%..
Another sad note is that a few 100% only brings us to .12.. Very very far from that $1 most of us need to break even..
Lesson learned.
The THC looks and is just as hokey as FITX's Giddy Up..
That wasn't really news though was it? May 26 we received almost the same PR.. 6 months ago.
It is just one carrot after another which has been dangled in front of us..
Nothing concrete for how long now?
Yes, We have already been PR'ed this a few months ago..
I was right that we won't be getting anything but future looking statements and nothing will be concrete..
Didn't we get this same fluff PR a few months ago?
As I said, we will get nothing more than future looking statements, and nothing will be concrete..
Most likely when Scott is done paying the bills after not having any money the past few months..
Some things to consider:
- We sold 30,000 cases at $7 (wholesale) = $210,000
a) going to have to sell a lot of fizz, a lot..
- There is no concrete work horse in place as of yet.
- There is no game changing account as of yet.
* There is talk, but as far as we know, it isn't here yet. Just the sheer amount of FIZZ which has to be sold to make 1 million dollars is daunting.
I am not saying it can't be done, but it is a way off yet, and with this fact it seems that using shares to continue to pay for and build out the business is the most logical thing that will happen..
A business will be built, but will this be good for current shareholders? Time will tell..
If Vanis is really building a company, the end goal would be to do everything in-house, just like how Pepsi would.. So, bottling and distributing would all done by Minerco/Athena..
Sadly, using shares is how this company will continue to be built and run..
I think it is safe to say that if you are grounded in reality and have taken the time to understand the filings, that selling shares is how this thing is going to continue to run the lights..
That is actually a really good point..
'could' being the keyword though..
It would be a great asset, but shares will most likely buy it for us, and like I said after the first R/S. Minerco will do the same thing with this current share structure.
The end result is that we will be diluted, another R/S will come, but a company will be built..
Is this good for current share holders, time will tell..
A partnership with Lance Collins would be noteworthy..
Lance is the guy behind 'Fuze' which Coca-cola bought, and it is now on tap at Subway.. I've been telling you guys about Lance since Avanzar began to distribute his 'Outlaw Energy.'
It took Lance 6 years to fully saturated 'Fuze' in SoCal before Coca-Cola bought it..