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Step by Step... I write these posts for me. It is a way for me to figure things out..
This is not the time for cheerleading, things are so obscured it is hard to make sense of it all.. This is what the board is for.
We pumped, encouraged, bought fizz off Amazon, and look where we are. Reflecting back on this year which was supposed to 'pale in comparison' is looking really sketchy now.
I have 500k shares and am either going to lose it all, or make my money back, but after all I said in the early days I will go down with the ship..
That $3,000 plus was gone long ago. I am skeptical now and need to see proven facts at this point. Forward looking statements and Vanis promises do nothing for me anymore..
You say there are Bashers, but I don't see Trap Running, or MR, or ski on here..
Lucky, I think the people on here myself included are beginning to see MINE for what it is. The Kool Aid is wearing off, Vanis is a proven liar, FIZZ doesn't make money, and so on..
No one is really bashing, we have pieced together what is really going on here, but yes, it sucks when a post is deleted.
'We believe the current share structure is sufficient to get us throught the next phase of operations.' Scott Vanis..
Yes, Beau, Scott talks a lot, and most if not all that he says falls through or changes..
Have no doubts about it. If by some miracle Minerco becomes profitable and uplists, there will be a second reverse split to get there.
I don't know how many times I have to tell this board, but to be on the NYSE or NASDAQ there is going to have to be a fair valuation.
$4 xs 35 million OS (which is conservative) is NOT a fair Valuation for a company that is in negative cash flow..
Seriously, you have to be a lot more realistic. At that valuation above Minerco would have to be making $35,000,000.00 a Quarter...
#GiveMeABreak
*If Minerco is ever to uplist to a major exchange there will have to be the bare minimum of OS. Somewhere between 2-5 Million Outstanding Shares, and at $4 (the pps minimum) that Valuation is still not reasonable..
This is a great post...
- I agree about the uplisting to a major exchange.
1. The company would need to be profitable.
2. There will most definitely be another reverse split to get us there. There will have to be a fair valuation to be listed and to get real investors interested.
$4 (required pps) xs 35 millions OS = $140,000,000 company
* That simply is not a reasonable valuation or market cap
Bryce, the R/S gives Minerco access to money and it had to be done, but have no doubts.. They will continue to run operations and use shares to pay for things just like they have been. So that 35 million OS will grow to 100 million or more, and then the valuations above will be even more ridiculous..
Vanis has given us nothing but pumps and forward looking statements all year, and that is when he decides to make an appearance. None of his statements for the year have come through, and that is why I am now skeptical of his current statements..
If you didn't see the back pedal in his last letter about the 'game changer' then I suggest you go back and read. They don't have a work horse yet, but are eyeing a few potentials. If a drink is already successful why would it be sold to a company whose losing money?
I have to say this stock has become high drama and I am curious how it will play out, but there is no denying that the company dynamic has changed. As I and others keep saying, we now have a track record to follow, and it is sloppy.
These aren't facts or proof at all.. These are nothing more than forward looking statements..
I do sincerely hope that it does materialize though. We need a confidence booster around here.
That made me chuckle what you said about Bryce.. The thing is that he's just a kid, and has his hopes up, and just like the rest of us has lost all his money.. What else does he have.
I can see why he's mad, because he has to know what I am and have been saying makes sense..
There is this other kid who is always contacting me on twitter because he sunk $9k into mine and has lost it, and he is heartbroken..
That is why I kept telling SS1 that this is no joke anymore.. Miners were an assett to the company, and Vanis in a way disappeared months ago..
Beau, If my outlook has changed it is because the company has changed..
I know it is easier for guys like you and Bryce to see me as an enemy now, but I am the only one being honest with you..
SS1 has never written an honest post, and if he has I haven't seen one in a while.. Posting about the spread sheet, shorts covering, claiming the train is going to run 1500%, tic toc, and all his other non senes is just that.. Non sense.. He is a Fraud..
Read through my exchanges with him on 9/18 and you will see that he has ZERO to offer any of us..
My perspective has changed since I read the quarterly report and saw that this company is losing money, and using shares to pay for everything..
VitaminFIZZ loses money, and we were told it was the flagship product that was going to do the 'heavy lifting' for all the others..
The ownership and the way its profits are divided up between so many entities is going to make it hard for this product to ever be valuable for Minerco..
My perspective has changed, because in the early days we didn't have too much to go on, but now Scott Vanis has a track record that we can follow, and by following and connecting the dots this year they don't add up.. Almost every statement he has told us share holders has been either a pump, fallen through, or an out right lie..
What am I supposed to think?
This is an honest post.. I guarantee you that SS1 will never write you an honest, realistic post..
I am sorry to all those that are hurt by my views.. Lets hope Vanis can redeem himself and help us recoup some of our loses..
*Admin.. How is this off topic.. This has exactly everything to do with what we are discussing here..
Have no doubts about it Lucky... SS1 is a fraud, no debate..
I can't justify putting anymore into this company when things have changed.. This isn't the company from 2014.. A track record has now been established and I don't feel good about it..
Hopefully that changes for all our sakes..
I never bet the ranch here.. I have about 500k shares at $3,000...
As I have said many times, after all the DD I put out in the early days, and after all the people I inspired to become a MINEr, I will go down with the ship and either lose it all, or make it back..
Time will tell.. Just remember who will answer you honestly and write you guys great posts with tangible meanings.. I will give you a hint... It isn't SS1..
50% at .0075...
MINE will have to run 1,000% for me to break even.. 10 Baggers are rare. Lets hope you guys are right, but things have certainly changed here..
I know most MINErs (Bryce) think I am bashing, but I still have my shares and I am just being realistic and honest at this point..
If you list (as I have in previous posts) all that Vanis has said since January 1.. Almost every one of his points has turned out to be a lie..
What am I supposed to think about that? I am not asking you to be shocked by the Wallstreet movie, I am trying to teach you what is meant by a 'rathole..'
I have told this board for a long time now to be realistic.. SS1 will tell you we will have a 1500% run, and Obee1 will tell you that isn't reasonable.
I am not bashing, I am being honest and realistic.. Things have changed for MINE this year.. Fizz doesn't make money, and Vanis has established a track record, which sucks.
So, now that there is tangible evidence of how this company operates, I can now update my view on the company, and it is going to take something spectacular to gain investor confidence again..
At this point I would be happy to make back 50% of my money..
I suspect that he bought those shares on the open market as an illusion, and as a pump.. The twitter buzz about it back in the day was undeniable..
He could of easily had someone on the outside buying and selling shares timed with his pumps and insider information..
See the movie Wolf of Wallstreet (true story) and notice how the character Brad acts as a 'rathole,' and how they schemed to profit off of their own company..
This is my speculation, but if Vanis is so smart he had to know the pps action of his stock. He holds those shares that we see forms filed for, but I am willing to bet he made his money back via thrid parties..
I can't prove it, but seems the most logical..
I don't know the validity of the link, but it is a good read, and sounds almost exactly like SS1 to a tee..
Read through my conversations with him.. The moment the questioning got hard, and the way he answers is what tipped me..
Plus, when he asked me for links to statemnts that he damn well knows are true.. I have had conversations with him for a year now, and he uses a lot of words but ZERO information.
He is a fraud..
And what the MINE board needs at this point is not a cheerleader. We have to figure out how legit this really is..
I hope it isn't over and that we blast off, but upon reflecting, Scott Vanis has lied through his teeth and that isn't sitting well with me for some reason..
He is a fraud.. Click on my name and read through my posts from 9/18.. He won't straight up answer anything, he is never real, and never has anything realistic to say..
'1500% runs, TA reports, Shorts covering, Spread sheet..'
All BS, and for what reason. Read through some of the banter on 9/18, some interesting thoughts that day..
90 West posted this link. It is a great read, and sounds familiar..
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=95961895
I know my recent stance has offended many of the hardcore Miners, as I used to be one too. If you are honest with yourself you will be able to admit that things have changed, and that Vanis has done a lot of pumping, if not out right lying.
I am trying to be honest and realistic, and I write these posts mostly as a way for me to figure things out for myself..
Lets hope so..
I think my exchange with SS1 today exposed him for what he is..
There are words in your statement, but ZERO information..
That is the problem... I have been paying attention and all the dots connect are lies and pumps..
I don't believe for a minute that he hasn't made his money back on the stock..
If Vanis is so smart, he damn well knew the pps action of his companies stock and made his money on the epic run...
Tell us these dots we need to be seeing and what I have missed..
How about a realsitic, honest, insighful, heartfelt response SS1? Similar to the ones I post..
No more BS about shorts, L2s, share count or spread sheet..
This is no joke anymore. Miners supported this company and have lost all thier money..
Vanis has lied through his teeth all year.. Let me hear an honest post from you?
Seriously Lucky, it isn't bashing.. It is called being honest and realistic.. I was once a hardcore MINEr.. Look at my last post.. I have called for SS1 to give us an honest, heartfelt, realistic response..
Think he will do it? Obee1 will... I am being honest with you kid, whether you want to face it or not.
Scout, this is what the board is talking about..
Scott Vanis has either dropped the ball, or out right lied about EVERYTHING this year..
How about a realistic, heartfelt, thoughtful response from you..
This is no joke anymore..
Seriously, as I have been trying to be the voice of reason for the past few months, MINErs need a wake up call.. We need to face reality, and the track record of the past year has been very shaky..
The quarterly report scared me straight, and I hate to say it, but SS1 has proven himself to be a fool..
This is not the time for cheerleading.. This is the time that we dig deep and figure out what the hell is going on..
I have been searching, and what I have uncovered, for me, is that Vanis is a liar.. Shady..
I am now stuck here, lost 80-90% of my money and will need a 10 bagger just to break even..
Sad that we were taken advantage of and it took so long for some of us to finally figure it out..
I will lose all my money and go down with the ship after all I said in the early days.. Lets hope Vanis completes a Hail Marry and gives us an opportunity to recoup some of our loses..
If by some miracle this company becomes profitable and is going to uplist.. Yes, there will have to be another R/S to get there..
To uplist there will have to be a fair valuation and the OS will have to be around 5 Million shares to make the market cap realistic..
I thought the minimum pps was $4, but I keep seeing $2..
- So, 5 million OS x's $2 = 10 million dollar company...
- Which means MINERCO has to prfoit 2.5 million a quarter.. That is a lot of fizz to sell..
It wasn't an emergecy, it was just another false statement by Vanis..
If it was a real emergecy production run, and it happened months ago, we would have seen or heard something by now...
It was just more Pump Language by the CEO..
I think because nothing is set in stone yet..
Vanis has back pedaled from his original statement which was most likely just another Vanis Pump.
- Vanis claims they had to go into an emergency production run a few months ago to supply a new 'game changing' account, but he can't tell us about it, and this supposed production run happened months ago yet we haven't seen or heard anything..
I know every one of you is waiting for us to announce our new “game changing” VitaminFIZZ account. While most of the next few VitaminFIZZ key accounts are more than noteworthy
If the above statement doesn't seem like back pedaling I certainly can't help you..
Except that everyone has been led to believe that MINE is uplisting, and that is where real numbers count..
All I am saying is that the chances are most likely that he has made his money back and those shares are just for show..
I have put up a lot of DD, good and bad.. Read through some of it.
$1 would be a $35 million dollar market cap/valuation and that isn't reasonable. Especially when we are negative cash flow. No institutional investor would risk their capital on such a wild valuation..
I will remind you again you're calling for a 1,000 % move.. Very rare. Apple moved 1,000% in a decade, and we aren't Apple.
Companies that aren't making money usually don't uplist. That is a long way off. The only thing that will save us are revenues, and a lot of it..
I've speculated a long time that Vanis has made his money back.. He had to know the price action of his stock during the epic pot rush run.. I have a feeling those shares were bought on the open market as an illusion, a pump for all the Twitter buzz..
Have you seen the Wolf of Wallstreet movie? Pay attention to the 'Rathole' scheme they used to make money on their own company..
I am speculating, but wouldn't put it past Vanis..
That is exactly what flipped the switch for me too.. I read that Quarterly report three of four times until I really understood what it meant..
I was crucified on here for telling the truth too...
Sadly I will lose all my money on this stock and I am kicking myself for not selling in January, but I also never bet the ranch on it.. Holding 500k shares..
Here is what worries me...
- A few months ago we were led to believe that Vitamin Creamer would be on the market with multiple SKU's, but that has now fallen through.
- We were led to believe that a new drink Island Style would be out, and that has fallen through.
- We were told that VitaminFIZZ was doing great, but the Quarterly numbers report that it loses the company money..
- We were led to belive that the UK was a big opportunity, but we haven't heard a damn thing about it since it arrived..
- Vanis has held a THC product infront of us for how long now, and yet nothing has ever come of it..
- Vanis stated that the next few months will 'pale in comparison' from the last few.. Complete lie.
- Vanis said the share structure was suitable to help us through next phase, which we now know was a lie..
- Vanis now states that they are eyeing a few potential 'work horse' brands because the flag ship VitaminFIZZ isn't making money..
How do you think this is going to end given the established track record?
- Vanis claims they had to go into an emergency production run a few months ago to supply a new 'game changing' account, but he can't tell us about it.. Another lie..
I know every one of you is waiting for us to announce our new “game changing” VitaminFIZZ account. While most of the next few VitaminFIZZ key accounts are more than noteworthy
If the above statement doesn't sound like back pedaling, I certainly can't help you..
Miners, I regret informing this board and I am sad that I didn't pick up on this months ago, but the track record that Vanis has established is VERY BAD.. He hasn't follwed through on one thing this entire year..
The shareholders here who were once an assett to the company are now out of luck.. As I keep saying it will take a 10 bagger, 1,000%, 10 xs move just to break even..
Let me tell you again how rare a 10 bagger is.. Apple only moved roughly 1,300% in the past decade...
In retrospect I think Scott has been lying this whole time..
Darin Ezra..
I highly doubt it.. MINE hasn't had a 100% move since January and there is Zero investor confidence..
Sadly, MINE has become the lauhing stock of the OTC.. The new FITX if you will.
Seriously, with so much up in the air, and things being so unclear you would be a fool to sink anymore into this..
It is really sad that almost all of us here have now lost 80-90% of our money.. I feel for my buddy who had 10 million shares.
At least a 10 bagger to break even.
The reverse split is a way to continue to use shares as a way to grow the business..
As I keep trying to teach this board, if MINE is to ever uplist there will have to be another reverse split some time in the future:
1. To get the share price to the $4 pps minimum.
2. To have a fair reasonable valuation that investors would feel comfortable putting their money into..
After the coming R/S there will be 35 million in the OS.. Lets be conservative and say Scott only dilutes 20 million into the OS to grow the business..
That would be 55 million shares x's $4 = $220 million dollar company market cap..
That kind of valuation simply IS NOT REASONABLE...
I am thinking that I agree.. They don't even have a 'work horse' product yet, they are just eyeing a few potentials at the moment..
Also, Vanis and Ezra said that FIZZ would be the product of theirs that would do the 'Heavy Lifting' to get all the other products going...
As the track record is being established the past year, the ball is being dropped, and things aren't adding up anymore..
If the pps was at $4 with 35 million os the Valuation for the company would be a $135 million dollar company..
That is just ridiculous, remember we have negative cash flow....
Scout each day you're losing credibility. Please join us in reality so that we can figure this thing out.. Its gotten messy.
Great concise post...
I think that I have to agree..
Yes it tastes good, but Coke, Pepsi, and just about every other Big Boy company has an identical product on the shelves. Whether you want to accept it or not, this is hurting the sales and potential of FIZZ..
Also, with the way the ownership is set up, and the fact that profits are split up between so many entities, this is also limititng Minerco's revenue..
I have never been a negative person about anything, and I was once a hardcore positive Miner, but the track record that Vanis has established the past few months isn't a good one, the numbers are painting a much different picture from what we have been told, and being a logical, reasonable person I am having a hard time to seeing the positives.
I am also thankful that I never bet the ranch on this stock.. I have enough shares, but I never bought over a million.. Thank goodness too, because I am really sorry to all of you who did and lost 80% of that money.
Like I said in a previous post, afer the R/S I need about a 10 bagger, or a 10 times move just to break even..
Do you know how rare a 10 bagger is?
Also, let me teach this board a little bit about math.. After the split MINE will have 35 million outstanding shares.
- If MINE goes to $1, that means the Minerco has a 35 million dollar market cap.
a) Keep in Mind we lose money at this point..
- If MINE by some Miracle can uplist and attain the $4 pps minimum, that means Minerco is a 135 million dollar company..
Institutional investors would never put money into something with such a crazy valuation.. And after the dilution comes from the next phase of business, those numbers above are conservative..
So, when I tell you that a 10 bagger is a rare move, hopefully those numbers and valuations help you understand what it would take to be legiit..
Fingers crossed..
Sad... After the reverse split I need a 10 bagger just to break even..
Sadly, I have to admit that almost everything he has said hasn't happened and has seemed to fall through..
In the early days there wasn't much to go on, but now there is a track record and it honestly sucks..
1. 10 sku's of Vitamin Creamer by spring = Never Happened
2. Targeted Follow up to Florida = Never Happened
3. The next few months will pale in comparison = Never Happend
4. We are going to uplist = Never Happened
5. Avanzar alone will bring in 400k a month (or quarter) = Never Happened
* I am sure that I can go on and on, but seriously, what are we supposed to think at this point?
I have basically lost all the money I have put into this stock, and all we hear are forward looking statements, and the numbers are just really bad...
Vanis literally needs a miracle.