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.
Wondering why bluetooth on a vaporizer? Research v-share. I'm not positive this is the technology in Vapor Group's product, but it's highly likely imo.
You would be able to listen to music and even talk on the phone through your vaporizer.
Here's a video showing the v-share technology:
This was taken during the show, so i'm sure some product has been moved around
Strong close. Maybe another Gap & Go tomorrow?
$MINE
In at .0365 for a bounce
Power Hour. Lock & Load!
The hour of power is nearing. $SPLI boomage incoming
Strong day for $ERBB. Unveil just around the corner
It's in the hands of FINRA, nothing the company can do. If FINRA wants more info or has Qs, then the company will have to provide what they're requesting.
For the record, Dror and company cannot do anything else to speed up the ticker change process
Try it with iced coffee, it's the ultimate Rise
You are correct, it's more about retailers and the like; however, a lot of these companies are private.
Vapor Group will be one of the few publicly traded companies presenting at the NATO Show. If these people see what they like, i'm sure some of them will want to invest in the company. It's quite possible Vapor Group can sign a few distribution deals as well.
As per the NATO Show's website:
"The NATO Show brings together the top tobacco retailers, manufacturers and wholesalers, and provides the perfect environment to learn, conduct business and network."
Half the price of 5-hour energy too. People are thrifty these days
You need to calculate the EPS using their net profit vs net income. So we'd be looking at:
EPS = ~$35,000,000 / 270,020,145 (shares outstanding)
EPS = .1296
In this industry, I would think a 15-20x multiple would be justified, so fair value for $SPLI would be:
.1296 (EPS) x P/E multiplier of 15 = $1.94
.1296 (EPS) x P/E multiplier of 20 = $2.59
Napkin Math based on 2013 financials:
2013 Net Revenue = $1,991,023
2013 Gross Profit = $1,124,273
So, based solely off of the 2013 numbers (assuming costs don't go up or down), and if Yaniv's expectations of $35M in gross profits, we'd be looking at the following:
2014 Net Revenue = $61,960,635
2014 Gross Profit = ~$35M
A pre-cursor to where $MINE is heading
Power Brands Distribution, THC, VitaminFizz, Flex, Armor, Curves, Rise, and national (possibly global) product roll-out.
Should be a steady climb into the week of 4/21 shareholder conference call
One step closer to being debt free!
8-K Repost:
"On April 8, 2014, the company issued a Prepayment Notice to LG Capital Funding, LLC. that stated:
Reference is made to the Note in the principal amount of $52,000 issued on October 16, 2013 by Minerco Resources, Inc. (“Borrower”) to LG Capital Funding, LLC (“Lender”). This letter shall serve as notice under Section 1.9 of the Note that (i) the Borrower is exercising its right to prepay the Note; (ii) the date of the prepayment shall be April 11, 2014; and (iii) upon payment of the Optional Prepayment Amount the Note shall be paid in full and Borrower shall have no remaining obligations thereunder. This letter shall serve as written notice of the prepayment of the Note as delivered to you in accordance with Section 4.2 of the Note.
We acknowledge and agree that on or before April 11, 2014, the Optional Prepayment Date, we will make payment to your order of an amount equal to equal to one hundred fifty percent (150%), multiplied by the sum of: (w) the outstanding principal amount of the Note plus (x) accrued and unpaid interest on the unpaid principal amount of the Note to the Optional Prepayment Date plus (y) Default Interest, if any, on the amounts referred to in clauses (w) and (x) plus (z) any amounts owed to the Holder pursuant to Sections 1.3 and 1.4(g) of the Note. All capitalized terms have the meaning set forth in the Note.
The foregoing description of the Prepayment Notice is qualified in its entirety by reference to the full text of the Prepayment Notice, attached as Exhibit 10.1 to the Current Report on Form 8-K filed with the Securities and Exchange Commission and incorporated herein by reference.
All terms and descriptions have the meaning set forth in the Convertible Promissory Note, dated October 16, 2013, and are incorporated herein by reference."
AND:
"Dear Mr. Lerman:
Reference is made to the Note in the principal amount of $52,000 issued on October 16, 2013 by Minerco Resources, Inc. (“Borrower”) to LG Capital Funding, LLC (“Lender”). This letter shall serve as notice under Section 1.9 of the Note that (i) the Borrower is exercising its right to prepay the Note; (ii) the date of the prepayment shall be April 11, 2014; and (iii) upon payment of the Optional Prepayment Amount the Note shall be paid in full and Borrower shall have no remaining obligations thereunder. This letter shall serve as written notice of the prepayment of the Note as delivered to you in accordance with Section 4.2 of the Note.
We acknowledge and agree that on or before April 11, 2014, the Optional Prepayment Date, we will make payment to your order of an amount equal to equal to one hundred fifty percent (150%), multiplied by the sum of: (w) the outstanding principal amount of the Note plus (x) accrued and unpaid interest on the unpaid principal amount of the Note to the Optional Prepayment Date plus (y) Default Interest, if any, on the amounts referred to in clauses (w) and (x) plus (z) any amounts owed to the Holder pursuant to Sections 1.3 and 1.4(g) of the Note. All capitalized terms have the meaning set forth in the Note.
Thank you.
Sincerely,
John F. Powers
President"
Love all this debt being paid down. This is truly a sign of management taking control of their finances. They're really going out of their way before the shareholder conference call to prove they're a shareholder-friendly company.
Can't wait for all the new info to be released in the weeks ahead.
Go $MINE !!
All-in-All a nice reversal today.
Gapped down and came back strong with more volume than we've seen in the last ~3 weeks.
Big volume up, low volume down. The sign of a strong up-trend
Cant wait for the other products to launch. The Flex and Armor both sound delicious. One to drink before you work-out, and another to chill you out later in the evening.
Check out the full product line here: http://www.level5energy.com/products.html
Not to mention, VitaminFizz and The Herbal Collection (THC) line-up soon to be released.
Strong support and being heavily accumulated. Will have a nice hammer candle or doji today with a strong close.
$SPLI found her bottom. Weak handed and panic sellers took us down along with a well-timed short attack. Moving up from here.
The Red Bull Execs are going to show everyone what a shareholder conference call is all about.
Low volume pull-back, followed by another monumental run. Blue skies arent far off. Most shares are locked at much higher prices.
.10+ near-term target.
VitaminFizz + Red Bull Execs + THC (mystery product) + National roll-out of Level-5 = $MINE BOOMAGE
100 million shares retired:
http://archive.fast-edgar.com//20140408/ABAZW62CZ2223ZZ2222B2ZZZD7IQZNI2FO62/
Red Bull Execs are going to take $MINE to the big boards
THC Product Unveil on Conference Call for Shareholders? Practically a given at this point.
100M Share reduction, HUGE!!
VitaminFizz & Level-5 National Release just around the corner
BREAKING NEWS 8k Released-100 million shares retired:
http://archive.fast-edgar.com//20140408/ABAZW62CZ2223ZZ2222B2ZZZD7IQZNI2FO62/
APRIL 1st, MOST RECENT PR'S:
March 31,2014PR: Minerco Resources, Inc. to Meet With All Note Holders and Lenders Prior to Investor Conference Call
http://ih.advfn.com/p.php?pid=nmona&article=61658724
March 25th, 2014 PR:Level 5 Beverage Company, Inc. Provides Update on Conference Call and New Brand Development
http://ih.advfn.com/p.php?pid=nmona&article=61578779
March 25th, 2014:Analyst Update on MMJ Stocks and Promising Merger
http://ih.advfn.com/p.php?pid=nmona&article=61575797
Jan. 23rd, 2014: Level 5 Beverage Company, Inc. Schedules Full Scale Production Run of COFFEE BOOST™ to Fulfill Orders with Key Accounts
http://ih.advfn.com/p.php?pid=nmona&article=60775831
Jan. 14th, 2014: Level 5 Beverage Company, Inc. Schedules Full Scale Production Run of COFFEE BOOST™ to Fulfill Orders with Key Accounts
http://ih.advfn.com/p.php?pid=nmona&article=60660171
A sign that discussions with lenders is going quite well for $MINE management.
There's going to be a lot more of these updates in the near future heading into the lender and shareholder conference calls
Share retirement & less toxic debt. Company outlook is steadily improving.
$MINE management is taking the bull by the horns and getting things taken care of on their terms. Beautiful!
On April 4, 2014, the Company entered into a Mutual Release and Termination Agreement, effective as of March 1, 2014 (the “Agreement”), with Kodiak Capital Group, LLC, a Delaware limited liability company, (“Kodiak”) to terminate the Share Purchase Agreement and Convertible Promissory Note, both dated April 30, 2013. The Agreement also returns the Kodiak Reserve Shares, 100,000,000 shares of Minerco Common Stock, to the Company.
The summary of the Agreement is as follows (the entire Agreement is attached as Exhibit 10.1 to this Current Report on Form 8-K filed with the Securities and Exchange Commission):
Mutual Release and Termination Agreement, dated as of March 1, 2014 (this “Agreement”), by and between Minerco Resources, Inc. (the “Company”) a Nevada corporation having offices located at 20 Trafalgar Square, Suite 455, Nashua, NH, 03063 and Kodiak Capital Group, LLC, a Delaware limited liability company (collectively the “Kodiak”), having offices at 260 Newport Center Drive, Newport Beach, CA, 92260.
Recitals:
WHEREAS, the Company and Kodiak entered into a Stock Purchase Agreement, dated April 30, 2013 (the “SPA”) and
WHEREAS, the Company and Kodiak desire to mutually terminate the SPA and release one another from potential claims each party may have against the other party arising out of or in connection with their prior relationships;
NOW, THEREFORE, in exchange for $1 and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties agree as follows:
TERMINATION. Each of the Company and Kodiak hereby agree that (i) the SPA is hereby terminated in its entirety and (ii) the Note issued by the Company to Kodiak on April 30, 2013 is cancelled and extinguished and from and after the date hereof neither party shall have any obligations to the other party under the SPA or the Note.
LEGAL FEES & RESTRICTED STOCK. In exchange for the agreements herein, the Company will issue within five business days of the date of this Agreement to Kodiak $2,000 in legal fees (the “Fee”) and 2,000,000 restricted shares of its Common Stock (the “Shares”) in full payment of any amounts owed under the SPA and the Note. Kodiak acknowledges and agrees that upon the issuance and delivery of the Fee & Shares in accordance with this Section, no further securities from the Company or any of their respective subsidiaries or affiliated companies will be due to Kodiak under either the SPA, the Note or any other agreement.
The foregoing description of the Mutual Release and Termination Agreement, dated as of March 1, 2014, is qualified in its entirety by reference to the full text of the Mutual Release and Termination Agreement, attached as Exhibit 10.1 to the Current Report on Form 8-K filed with the Securities and Exchange Commission and incorporated herein by reference.
ITEM 3.02
UNREGISTERED SALE OF SECURITIES
On April 4, 2014, the Company issued 2,000,000 shares of restricted common stock to Kodiak Capital Group, LLC to satisfy the terms of the Mutual Release and Termination Agreement, effective as of March 1, 2014, with Kodiak Capital Group, LLC.