Sunday, August 30, 2015 12:19:24 PM
'Our current share structure is sufficient to get us through this stage of development, but when it comes time to uplist we will have to address the share structure..' Scott Vanis
Troops, I know you get upset when I shine the light on reality, but 3.5 billion will be fixed one way..
Also, a reverse split isn't bad in this case. The pps will go up, but your number of shares will go down. It is all relative as you will have the same amount invested.
AMBS did a reverse split not that long ago and their pps went from .08 to over $3.. The Market Cap is important if real money is ever going to get involved. Even if we had 1.5 billion outstanding, and the pps was .50 that is over $500,000,000.00 Market Cap.. Just not realistic when we aren't making any money yet..
At this time what is going to make the pps move up steadily is revenues. Minerco needs revenues. I know Some people got mad when I brought up the Q, but that is the only concrete evidence that I have to go on.
I am a MINEr,I have done my DD, and I really like this 'Green Mustache' avenue, but we need to be more realistic in our outlook..
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