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Monday, April 06, 2015 9:00:30 PM
V. Scott Vanis, Chairman/CEO, Minerco Resources, Inc
Exciting comments:
I'm very pleased to present our Spring Issue of The Minerco Messenger. For the first time, we decided to publish breaking news in the Messenger. As you can see in the news story on the right, Minerco has received an extended Line of Credit to help carry out our plan of strategic acquisitions.
Also in this issue, youll see that VitaminFIZZ has been enjoying some pretty hot promotions this spring. This is just a precursor to larger scale advertising campaign slated for the Summer. VitaminFIZZ continues to grow with over 1,300 locations carrying our flagship product. This was in part due to new distribution to Albertsons Stores in March.
We have also seen great success with VitaminFIZZ in both Walgreens and Kmart, two of the product's key accounts in Southern California. Based on sales performance and customer demand, both of these retail giants have increased their commitment to us throughout 2015.
Since opening these key accounts, Avanzar, the Southern California distributor for VitaminFIZZ, has delivered over 21,600 cases (more than 259,000 bottles) of VitaminFIZZ into the approximately 300 participating Walgreens and Kmart locations in Southern California. We have also begun Distribution in Las Vegas this quarter thanks to a deal with Spartan Distribution. Currently, our healthful refreshment can be found in over 800 prime locations in SoCal and Las Vegas.
Finally, I updated you last week that we are evaluating the timing of a move to a listed exchange, either on NASDAQ Capital Market or NYSE Market. I'd like to emphasize that our initial strategic focus is on the stockholders equity requirement for the planned uplisting. The share price will be the last requirement to satisfy.
Over the next month or so, you will see us clearing debt from our balance sheet and acquiring assets in this pursuit. You may have noticed that we added $400,000 to our assets last week with the execution of the Second Option of the acquisition of Avanzar, our SoCal distributor and subsidiary of Level 5 Beverage. We are also evaluating additional acquisitions and partnerships that will continue to add to our stockholders equity.
Heres another piece of breaking news: In the upcoming weeks and months, you will notice our share structure changing. More specifically, you will see our outstanding shares and float decreasing as shares are returned to the treasury of our company.
As the Chairman, I share your dedication to the success of our company and truly believe we are building a company that our kids can be proud of! As always, I thank you for your continued support.
Sincerely,
Exciting comments:
I'm very pleased to present our Spring Issue of The Minerco Messenger. For the first time, we decided to publish breaking news in the Messenger. As you can see in the news story on the right, Minerco has received an extended Line of Credit to help carry out our plan of strategic acquisitions.
Also in this issue, youll see that VitaminFIZZ has been enjoying some pretty hot promotions this spring. This is just a precursor to larger scale advertising campaign slated for the Summer. VitaminFIZZ continues to grow with over 1,300 locations carrying our flagship product. This was in part due to new distribution to Albertsons Stores in March.
We have also seen great success with VitaminFIZZ in both Walgreens and Kmart, two of the product's key accounts in Southern California. Based on sales performance and customer demand, both of these retail giants have increased their commitment to us throughout 2015.
Since opening these key accounts, Avanzar, the Southern California distributor for VitaminFIZZ, has delivered over 21,600 cases (more than 259,000 bottles) of VitaminFIZZ into the approximately 300 participating Walgreens and Kmart locations in Southern California. We have also begun Distribution in Las Vegas this quarter thanks to a deal with Spartan Distribution. Currently, our healthful refreshment can be found in over 800 prime locations in SoCal and Las Vegas.
Finally, I updated you last week that we are evaluating the timing of a move to a listed exchange, either on NASDAQ Capital Market or NYSE Market. I'd like to emphasize that our initial strategic focus is on the stockholders equity requirement for the planned uplisting. The share price will be the last requirement to satisfy.
Over the next month or so, you will see us clearing debt from our balance sheet and acquiring assets in this pursuit. You may have noticed that we added $400,000 to our assets last week with the execution of the Second Option of the acquisition of Avanzar, our SoCal distributor and subsidiary of Level 5 Beverage. We are also evaluating additional acquisitions and partnerships that will continue to add to our stockholders equity.
Heres another piece of breaking news: In the upcoming weeks and months, you will notice our share structure changing. More specifically, you will see our outstanding shares and float decreasing as shares are returned to the treasury of our company.
As the Chairman, I share your dedication to the success of our company and truly believe we are building a company that our kids can be proud of! As always, I thank you for your continued support.
Sincerely,
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