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I think that is exactly what it boils down to.. Judging by the messages I get on Twitter, it seems like many people had their hopes up and truly believed this was a get rich quick scheme, and now that the dreams have been nothing but crushed for the past two years, it seems some people are grasping tight to the fairytale, and the others (like myself) are beginning to let go and see this thing for what it is..
As each day passes I see more and more how Vanis mislead, and has pulled a disappearing act in 2015..
I DO NOT place any value in the fact that he holds shares and believe he bought those shares as a cloak, or illusion, and I am confident he made his money one way or the other.
He has been caught in how many lies this year, and then there is SS1 with his constant non-sense which screams paid promoter..
Raise your hand if SS1 contributed to you being here from the early days, and how did he go from knowing the early game plan of Minerco and Avanzar, to only being able to copy and paste old PR's.. Exactly..
I am sorry to those longs who lost their shirts on this stock, but then again how could you ever put so much into a Penny Stock?
I hope some of you guys are right and that Vanis is making strides because I'd love to profit on my 5,000 shares, but judging by the whoppers (lies) he has told us and seeing how congested of a space Fizz is entering I am seriously doubting this thing..
Fingers crossed for a Hail Mary, but he has disappeared for a reason..
I wouldn't sell at the low Beau.. It is bound to pop eventually, but remember that is all it will be is a 'pop'...
I hope people begin to see the truth as the light shines through the cracks in his online personae.
For the way he and Vanis have mslead people they should both be ashamed of themselves, and karma is going to come back and hit them both full force..
Accumulation of those .08s getting eaten up... Tic Tock :)
They are all pink sheets dude.. Big deal..
Minerco as of yet doesn't have any other products.. Coke has had over 100 years to grow its brand and was the first and only of its kind for how long?
Fizz is jumping into a category where there are 10-20 identical brands, many of which are distributed by Coke, Pepsi, and other giants, and nationally already..
Big challenge for Vanis and the numbers show it so far.. Hence the change in direction..
That fashion show promo was a joke.. Talk about not even coming close to catering to those who would buy Fizz...
Like I said.. If this company is going to generate the revenue to get the share price out of this funk, they are going to have to produce and sell 10's of millions of bottles..
Sadly, I don't think that is in the budget..
VitaminFizz by no means is a healthy product.. The UK version had to have warning labels on it for some of the ingredients..
I will say when I first saw what was in there I was disappointed, as it is just another chemical concoction..
With that being said, it does taste good, and it uses the same stuff as all the others, but remember it is NOT good for you..
Yeah, they might make a small profit, but if you read what I wrote, I was saying that to meet the pps dreams and valuation fairytales that SS1 promotes Minerco will have to produce and sell 10's of millions of bottles..
And, do they have the money to continue running at a loss for another year?
An example for those of the board that are so reluctant to do some math..
.60 (best case scenario) Net Profit of 1,000,000 (bottles) = $600k
* How many bottles will have to be produced and sold to generate the 35 million dollar market cap to sooth Taurus's $1 pps prediction, let alone SS1's non-sense about $4....
I was being optimistic and trying to display to this board that even a best case scenario of .60 Net per bottle makes it hard to be profitable..
Minerco would have to produce and sell 10's of millions of bottles to ever justify the pps and valuations that SS1 promotes..
I thought your L2 showed nice accumulation yesterday at .12?
SS1 was spoon fed info in the early days to help spread the word about MINE during the pot rush.
He hasn't had any original thinking ground breaking DD since then.. His robotic like post and a myriad of other things say it all..
I don't think that is the case, but if you see my earlier posts, Minerco will have to produce millions of bottles to geneate revenue, and 10's of millions of bottles to reach the kind of valuation SS1 keeps promoting...
If they NET Profit .60 per bottle (which is optimistic IMO ) and sold 1,000,000 bottles that is only $600,000.00 which isn't enough..
I was super long and confident at one point too, but now like most I am just stuck 80-90% down..
If VitaminFizz is so popular, but loses money for the company, what 'work horse' product is going to save this thing?
From a realistic perspective; lets say 1 million bottles of VitaminFizz were sold, and lets be optimistic and say that the Net Profit was .60 cents per bottle.
1,000,000 (bottles) xs .60 (net profit) = $600,000.00
Now, Minerco has not made a million bottles yet, and I am sure that they don't profit as much as .60 per bottle.. ALSO $600,000 is peanuts and in NO WAY will ever justify the CRAZY valuations that SS1 and others are promoting..
This my friends is the realism of the situation we are being faced with.. Vanis and Minerco would have to make 10's of millions of bottles for this company to ever really launch..
The more time that passes and the more the light shines through the cracks in all the stories and fairytales found here makes me believe more and more that we were to a very reasonable extent taking advantage of my CEO Scott Vanis...
This is logic you simply can't argue with..
Lets be realistic.. You know as well as I do this stock is being traded only, and exactly as it has been for the past 2 years...
Please join us in reality.
For the record:
SS1 is unrealistic and was most likely spoon fed info in the early days to help spread the word about MINE during the pot rush.
There are serious cracks in his online persona, robotic like posts, words used usually containing zero info, pumps, fairytales, non-sense, etc...
Why do you think he hasn't had one ground breaking-original thought-DD post in well over a year, or since his original posts that drew many of us in.
This whole thing has been one giant waiting game for the past two years.. I am not expecting the coming financial report to look good, and that is going to scare investors even more..
Vanis said they don't have a 'work horse' yet, but are eyeing a few potentials.. I am curious how that will play out, as well as the validity of this Athena Brands, and what that all means..
He is certainly taking his sweet time..
I think what is really going on is that the OS and shares haven't been fully adjusted since the split.. I am sure it takes a while for it to update..
Vanis has Zero money for such a reduction..
If SS1 is telling you $4 he is a rat..
That would be $140 million dollar market cap.. Which is absolutely ridiculous for a company that hasn't made any money yet...
People want to say I am bashing.. What I am really doing is keeping this board grounded in reality..
A move to a dollar would 1,000 %, which I will remind everyone, that is a VERY RARE kind of move..
As I have already pointed out. SS1 was spoon fed info in the beginning by someone on the inside to help get the word out during the pot rush, and since then his robotic like posts and non-sense have shed a lot of light through the cracks in his facade..
yeah which is a lot more then they make right now.. Minerco is in negative cash flow as of last Quarterly..
That means they are losing money each quarter..
$6-$7 pps would be a $210 million market cap.. To be listed on the NYSE there is going to have to be:
1. A fair valuation and market cap which are reflected and justified by earnings..
2. Revenue.
SS1 might have put out some good info in the early days, which I suspect someone spoon fed to him to help get the interest out in MINE druring the pot rush, but reposting old PRs is not DD...
Time will tell.. Lets hope we get a hail marry soon so we can get out of this mess..
I've mentioned countless times now that I will go down with the ship..
After all I said in the beginning I will see this through.. I only have roughly 3-4k invested, so not the end of the world..
I am not going to lie and pump though.. Vanis seems shady..
I am here because my break even price is .70 - $1... A huge move away..
Also, I am responsible for A LOT of people investing in MINE with the DD and positive posts I put out in the early days.
Unlike some of the other posters on here, I feel bad about that. Especially when these kids come to me on Twitter heartbroken that they've lost all their money.
The DD looked great in the early days, but in retrospect and by judging the track record Vanis has established, I have since changed my perspective, and seriously question how much of it was lies by CEO Vanis..
I am one of the only posters on this message board who is being honest with you.
You will NEVER receive an honest post from SS1..
Maybe Vanis has something and maybe he doesn't.. Time will tell, but the disappearing act that he has pulled this year, mixed with the lies and the horrible Q have me seriously doubting MINE at this point..
So far.. The 'Bashers' were right and the 'Pumpers' couldn't have been more wrong.. Lets hope that changes..
Vanis and Ezra have been lying and pumping to us since the CC..
I used to think Ezra was the real deal.. Listen to that guy talk, he's a fool too.
I analyzed his PowerBrands video. The one where he's sitting in his office in the dark and using STOCK FOOTAGE of some indigenous tribe trying to make you think he's going around the globe looking for ingredients.
The track record these two are laying down is almost putting them on par with Bill Chabban of FITX...
The 'game changer' hasn't been announced because it doesn't exist yet.. It was a fairytale-pump-future looking statement by Vanis..
What bothers me the most is that CEO Scott Vanis told us an outright lie a few months ago and has been backpedaling since..
We had to go into an Emergency Production Run to fulfill a game changing account..
Scott Vanis is full of sh.. He hasn't updated us this year because he doesn't have anything to update us with..
Hoping for that hail marry..
She's already told us that she has nothing to do with Minerco..
Vanis has had since January to update us.. He still doesn't have anything but a fairytale..
For me, Vanis told us an outright bold face lie.. What does this say about him?
Except that he told us they went into an 'emergency production run' to stock a game changing account..
Whining, I am not.. I have about 3k invested here which was gone for a long time now.. Not whining, just calling Vanis out on his lies, pumps, and BS...
Time to stop trying to convince in your fairytale Vanis and prove to me that you business plan is tangible..
When someone lies to me they should be prepared to be called out on it..
And they had to do an 'emergency production run' to satisfy this account..
That was a lie.. Don't you guys get that by now?
If it has already been booked and your shareholders are awaiting 'game changing' news which was promised months ago.. He would only re-release the same news of a store that most of us never heard of when he has NOTHING else..
Fluff.. That is all he has for us... Fluff.
This is the PR that Vanis has for us today? Lame..
Notice his language in the PR and how many times he states 'key account.' He is backpedaling yet again, and covering his tracks from the 'game changer' etc..
I thought we were in Stater Brothers already? Vanis always makes it seem like bigger things are in the works when they probably aren't.
The pps action today show me that this stock is going to continue to be a 'traders' wet dream..
Nice game changing news Scott.
I have to say that I like the price action.. With a couple PRs this thing might actually move..
If I gauge against GBLX which has 45 million OS, that thing used to move quick back in the day with high volume..
Hoping MINE does the same for us.. Fingers crossed..
Beau, that is an insane amount of shares!
Don't be fooled by him Beau..
Nice day.. Lets hope we get a couple juicy PRs this week.. With the filings last week, and with today's PR we are due for a CEO newsletter.
Hoping Scott has some goodies for us and does some explaining..
I am not sure, it doesn't read clear.. I think they used to each get 10%, and now it is only 10% for all of the original owners combined?
If so, yes this is much better..
I am not sure I understand the PR.. Sounds like good news, we own 100% of FIZZ, we owe $300,000 on FIZZ debt, but here is what I don't like..
The original brand partners, VitaminFIZZ Brands, LP (of which Athena is also a limited partner), will retain a 10% net profits interest in the Brand.
Is that 10% each like before, or 10% all together..
They claim to have done something great for shareholders, yet they keep the real ownership and profit distribution convoluted like before..
The PR is misleading, makes you think they own FIZZ and all its profits 100% outright..
Correct me if I am wrong.
hahah.. that was actually funny!
More backpedal and BS all day. And people question my intentions.. I am just calling it the way I see it at this point while others mislead you with 2 year old drivel all day..