Minerco Inc (MINE)

[einrad]

we believe the current share structure is sufficient to get us to the next step in our evolution.

I have a ton of shares of Mine and this statement raised a 'red' flag to me. We went from statements about future share buybacks to now a statement to "keep the current share structure". Its a slippery slope and I hope we will all hold them to their original promise of a share buyback. After all, they are basically borrowing from us through dilution of stock to grow the company and pay the exorbitant salaries. As someone said in the past I would love to see some serious insider buying of shares to prove they have confidence that the pps will raise significantly. All imo for whatever it is worth. I have enough shares to sit tight and don't plan on buying more till we get some better assurances or the pps raises significantly.