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This is great. Two companies with yield signs in the OTC, both with massive debt and no money cut a deal. Load up...
That came from the conference call a few years ago. Keep up, man
Morning check list completed. All systems "go" for D-I-L-U-T-I-O-N. Just sit back and watch the show.
Where exactly did I convince you I was in a $MINE buying mode? I must of dozed off or something...
I'm actually almost ready to blindly give Milton credit for convincing Vanis that his historical BS wasn't BSy enough to move this ticker.
One more tick and they double up on dilution. Well done...
Congratulations to those finally able to take advantage of some decent volume in order to escape this nightmare.
A tremendous amount of enthusiasm (wishful thinking) for a company in such a severe cash crisis.
Before someone challenges me on this, read the filings. I just summarized them for you.
Why doesn't this board talk about the other priority task Milton had and has stated after taking over?
The lack of an update on lender and note holder negotiations should be concerning... it's been months now.
I'll reply later today. Busy on other stuff.
Although I agree (to some degree) with most of what you stated, I'm going to submit some caveats to a majority of the topics for everyone's consideration.
Should be interesting...
A classic Minerco move. Do or say something that doesn't cost a lot (because we're dead broke) and makes us appear to be a legitimate company.
Nobody will appreciate the next classic move that's coming. I give it 60 days.
A legitimate company would of already fired Milton, but this is Minerco.
I've been through the filings twice. You have an excellent chance of coming up with nada that addresses Vanis' current holdings if you search too...
Vanis in the shadows
Yes, and only sold in licensed facilities. Plus 38% tax burden. $8.00 PLUS TAX a can here in SoCal. What else ya wanna know?
* Hearing
Like I predicted, don't expect Vitamin Fizz with CBD any time soon... if ever.
Re: FDA CBD Hearinng
The only thing that Vanis and company has created that has stood the test of times is bag holders.
It appears that what's coming from Milton's mouth/keyboard is just a continuation of that amazing feat.
I suspect this will go back and idle at no bid for some time. News of resubmitted OTC docs won't move it. Something more tangible like cutting a deal(s) with the lender(s) will.
If Milton pulls that off, his stock will go up in my book considerably. He's practically facing the impossible.
Wonder what the status of Milton's discussions with invested lenders are going. He's had time to work on that since Messina has done most of the filings preparation work.
For those new to MINE, Sam Messina has been Vanis' wingman for several years. Was even listed as an Officer of the Corp a few years back. As I recall, Vanis and Messina even traded Corp titles once.
I hope that answers the questions some have had as to why get current with OTC filings. It didn't cost a whole hell of a lot to get that Stop sign off. Harder to dilute with that bad boy in your face.
*News has been out since March 12 2019 for shareholders to read.
There... fixed it for you
I'm not sure where your "disagree" part is in your post, but it's all good.
The FDA is having their first hearing to discuss regulatory guidelines on this subject on May 31st... so it definitely has their attention. We'll see how that goes.
So, that kinda leaves $MINE with Fuze Live Events and if anyone can show me that this "once thriving" entity has ever done anything other than retweeting TMZ... I'll buy you a box of cookies.
People need to keep in mind that, among other things, the Farm Bill only cleared the way for the production of hemp in the USA. Sure, it's a great start, but the FDA regulates the beverage industry... not Milton.
Translation: Anyone thinking they're going to profit from Vitamin Fizz w/CBD in the near future (if ever) are going to be highly disappointed.
Well heck, I'll just make a simple statement and folks can believe what they want. I visited the website yesterday to specifically grab a screenshot of that statement and present it to the board. At the time, the March 12 Corporate Update had been removed along with the other 3 listed PRs. I can only assume they were making modifications at that time. I'm actually glad it's back in there this morning because now I can ask my question: Where did Vanis' preferred shares go?
I see Minerco quietly removed the part on it's webpage that stated that Vanis no longer held an equity interest in the company. Some of us have been around long enough to know that Vanis holds a substantial amount of Series A,B,C & D preferred shares and no filings to the contrary have been issued. Believe V. Scott Vanis is "gone" or "not in control" at your own peril.
I'm glad you asked. Heading out for the night, but I'll reply tomorrow to that and several other $MINE concerns. "Stay tuned"
Its absolutely insane to think that Vitamin Fizz will ever see the light of day again... regardless of what they're thinking of putting in it. In addition, trying to convince stockholders that Fuze Live Events has ANY value or was "once thriving" is just another one of many bold a** lies Minerco is famous for.
Exactly
That depends on the company's by-laws and who owns the majority of voting shares. You don't necessarily need a corporate title to be in control.
Vanis in the shadows... count on it.
...and don't expect the "New Guy" to mention it.
I'd be more concerned with the IRS classifying $MINE as a "Hobby" than I would any SEC issues.
Man, the new $MINE guy is killin it. LMAO.
Does anybody know the current $Mine debt and to whom? Working on something and will share when concluded. TIA
$MINE
What a great excuse to go to Vegas and attend the hearing.
Looks like Harry got fed up with Vanis' BS.
Bravo
From FDA.GOV
Flavored Water and Nutrient-Added Water Beverages
New types of flavored and/or nutrient-added water beverages have begun to appear in stores and on food service menus. Some are simply bottled water with flavoring, others may also contain added nutrients such as vitamins, electrolytes like sodium and potassium, and amino acids. The bottled water ingredients of these flavored and nutrient-added water beverages must meet the bottled water requirements if the term "water" is highlighted on the label as in, for example, a product named Berry Flavored Spring Water Beverage. In addition, the flavorings and nutrients added to these beverages must comply with all applicable FDA safety requirements and they must be identified in the ingredient list on the label.
Might want to read this before betting the farm on CBD Vitamin Fizz any time soon.
https://www.hallrender.com/2019/01/18/fda-clarifies-position-on-cbd-after-passage-of-2018-farm-bill/#.XIlQhCNIQw8.mailto
You would think that those getting stoked about Fuse Live Events would conduct some research on them and share their findings with the board. Of course, I could go first...
When you referenced "new owner", I'm assuming you mean the purported new CEO/President, Milton Murcia. Out of curiosity, what has convinced you that he has the ability to turn this POS around?
I've completed my research on Murcia and things just don't add up. In fact, this whole thing has a stench about it. Please inform; I'll keep an open mind.