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.
Yup. Very easy to see which direction this is heading. Such a shame. If only the company would have had a marketing plan for their product.
Move your bid up! .0003 really!!
Here's an idea, ask the company.
The way I read that filing is that the amendment takes effect on the 20th. All that means is they can file the proper paper work anytime after that to start the process, which would still take about 90 days. They're just giving themselves options. IMO
This isn't running because the company has not painted a clear picture of how they plan to market their product. IMO
I agree. So we're probably looking at late November or December?
Can anyone tell me what the catalyst is that will drive the pps higher? The run in August- September was because of the up coming product launch. So what's next that people are excited about? Just wondering.
Ok, but I don't see how that's going to drive the pps higher. The news of launch on Amazon is already out. I believe the only thing that will move this higher will be solid sales numbers and projections. Unfortunately those are many weeks away. IMO
Here is John Powers reply, to me, about my inquiry regarding sales projections.
Good afternoon,
Thank you for your interest in Minerco - Level 5. We are thrilled with on our LEVEL 5 product launch, and it is going better than planned.
To address your concern...we are solely focused on delivering and expanding our exceptional products to the retail market. We have considered releasing projections and forecasts to the street; however, rather than estimate our future revenues based on a business plan, we can wait a few more weeks to base our projections on REAL sales numbers. At this point in the cycle, our plan is to do exactly that: forecast from real sales figures.
Until we quantify the sales numbers, we are focusing all of our resources on delivering an exceptional product to market and delivering value to our company and its shareholders.
Let me know if you have any other questions.
Sincerely,
John Powers
----------------------------
John F. Powers
Chief Executive Officer
Minerco Resources, Inc.
----------------------------
Ok thanks. I'll try that later, game day now. GO PACK!
Real sales numbers and revenue projections in a few weeks. This was the reply I received from John Powers regarding my inquiry about expected revenues. I would post the e-mail here, but I would need someone who is tec savvy to tell me how. Glta
Fine, but he's getting the shares from somewhere.
Amateurs here. They still think it's "sell the news" here. That happened a couple of weeks ago, not now! The news was product on store shelves, people sold that news. The news now is how they are growing and expanding sales. That kind of news, YOU BUY! IMO
Stupid to sell here. Some people just don't have a clue.
8,000,000 @ .0004
It takes time to build something from scratch, but mine is making all the right moves! Sorry for those who got scared out last week. Glta
Rase your bid people...0039 come on let it run!
Because the CEO hasn't outlined any kind of a marketing or advertising plan. Is this a serious attempt to create a well known product or just another go nowhere penny stock? Without any serious marketing strategy Wall Street is skeptical. Just look where the share price is going. The CEO could turn this around by outlining and putting into effect a solid marking plan. The question is will he.
You can trade this with scottrade, but you have to call them in order to buy. That part sucks.
The problem I'm having here is that we haven't heard from the company about the need for more development time. We had to hear it from the distributor. Why doesn't the company Address this? There is also the selling of shares into the last couple of pr releases. I know I don't have to buy back in, but if this is the real deal I want to be part of it. So,Mine why not answer the questions?
That's absolutely true. I'm still free to post, correct? Some here don't like the fact that I have a different opinion than they want to hear. I have no agenda here, I'm just stating my view on an open forum and some don't like it.
I bought in before anything was announced. On rumor basically. Which is fine. What bothers me is all the people posting here as if its fact, when the truth is they don't know anymore than I do. At least admit that.
Sorry, u have me confused with someone else I had 3,000,000 shares average of .0018 sold last week .0030 I made money. I'm just not seeing a legit reason to buy back in yet. I'm not saying I won't, I would like to see less hype and more answers And facts.
I looking for someone with some real answers and facts as to y I should buy back in. All I see here is hype without facts. All I read here is what people hope happens. Where is the product, what's the delay? Does anyone even care what the answers Are? Wouldn't U like to hear from the company on these issues? Because I don't risk my money on hype I'm the crazy one.
Lets be honest. All we really know is that they need more development time. Right?
For a company that doesn't even have a product yet. Lol
As far as wanting cheap shares, I'm not sure I want to buy back in at this point. I need some answers from the company about the need for more development.
I'm stating a fact. Most people here are talking about what they hope happens without facts.
Why is everyone ignoring the fact that they need more time for development? They gave final approval 4+ weeks ago and had ingredients for production run. Something had to have happened during that run. Maybe it didn't taste good or the ingredients didn't mix right. We don't know because the company has been quiet on the issue.
I agree, people need to get real here. The share structure is getting out of hand with no end in sight. They don't even have a product to sell. Their one distributor says it needs more development. This will need a reverse split in the near future. IMO
I would be interested to hear what you find out.
This doesn't tell us anything. Could be a month from now, six months, a year. Mine would k ow these things. They would have this all scheduled out before settling an agreement with a distributor. Why keep us in the dark? To sell more shares? Maybe they need a lot more money. What are they paying the distributor?
They told us it was complete and approved. Now more development? That is a contradiction. Not good IMO
See the post that I replied to. Stripergirl I believe it was.
Not understanding this. More development time? Mine says that they're in production, and now we are told more development time needed?
At work so it's difficult to post. Laugh if u want but as an investor I want to know specifics on dates product will be released. I want sales projections. Distribution info. Advertising info. If they are legit they would have this info, wouldn't u agree?
Imo people need to use caution here. What do we really know? The company has been vague on everything here. They haven't given any time line, any info on the taste or any taste test. How do we know people will even like their product? Too much being assumed here.
Enough with the fluff pr's where's the product already?
There will be opportunity to buy before it rises, but RISE it shall. Pun intended. Lol
We need real news, not fluff. I'm sure that MINE has a time line as to when level 5 will be available to the public, why not give us that info? I'm not liking the way MINE is handling this whole deal.