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Re: Fizzman post# 255299

Thursday, 08/20/2015 5:31:40 PM

Thursday, August 20, 2015 5:31:40 PM

Post# of 347743
I know a dose of truth and reality hurts, but every time I check this board someone is talking about a buy back, which Scott Vanis stated on the Conference Call back in 2014, and I think people are grasping to that straw when it just isn't tangible anymore..

As for shares being returned to the treasury, I don't see this as being of any benefit to current sahreholders. How many can they feasibly return?

As I have said many many times.. At this point in the game Minerco needs roughly 5 million dollars to go forward, which is double any other loan they have received to date. It costs over 2 million per Q just to operate, and last Q we lost money, and Scott was using MINE shares to cover costs..

I am looking forward to some new numbers coming out, but I think as a whole the Miner's need a dose of reality..

Hope you can understand..