Minerco Inc (MINE)

[wallas2g1]

I, like many here do not wish an rs but the reality is that there's a good chance of that happening.

Given current SS there's going to be another AS increase or SS. There's no way around it because a buyback isn't gonna at this point.

These folks have a very aggressive business plan and need a lot of capital for it to be successful. The silver lining is that so far the product seems to be gaining traction and has good reviews (not Just on Amazon).

I wouldn't hold on So dearly to Vanis' statement of no rs. First of, he said they had no plans to rs at the time. Times change when you're running a business. Few examples. ..boost was supposed to be launched simultaneously with vitaminfizz; purchase of interest in avanzar; What happened to Ms Slater (account manager)? Secondly, some of the company's statements have been misleading or not verifiable in the past. Example, earlier this year, they hinted at rise n coffee boost being placed in 2 major accounts, the talk about celebrity endorsements etc.

Like I've stated earlier, I expect all 3.5 bill to be issued. Another AS increase is more likely than an rs. That's just history repeating itself (check historical SS) and also they need shares to cover "on demand" series b holders. Either way, we'll find out soon enough.