Minerco Inc (MINE)

[peafunke]

Not without share restructuring or a buy back plan. No way. No how.

If anyone has the history , please post the OS increases since July/ August.

It will be interesting to see what the slow and steady uptick in OS shares are being used for.

Right now, I think we are at about 2.5 billion OS. Don't quote me but I think it's around there.

At 100k cases ( grossly over stated as they only made 23k cases so far with a 30k case run coming soon) at $10/ case with 2.5 billion shares, that's about a $004 with 10x earnings. I put in an extra 42k cases for other stuff like the coffee boost. Who knows where that is at.

They need a hundred times more through put or share restructuring to get this to 40 cents. It doesn't help with the shares that are being diluted. Call it what you want. If the OS is increasing even with restrictions, it's a dilutive event.

Can it pop? Sure. But price will not be sustained.

Good luck longs