Troops,
I have been trying to explain reality for a long time now, so none of this should be a surprise. The good thing is that we can finally move on.
No doubt about it, the R/S split is going to hurt us personally, but is exactly what the company needed to do to move forward. I am thinking that the R/S will have the share price sitting around .04 -.08 cents once it is said and done, maybe I am wrong, but HEMP just did the same R/S and they were just under a penny bfore it split, and now it sits around the .06 range give or take. This means my new break even price is around .70..
Also, I have been saying for a long time that VitaminFizz just isn't profitable yet. If you took the time to understand the last Quarterly report you would have understood what I was trying to say. Scott's PR today states that it cost so much money to produce, that we aren't making money on it, and so they have to now partner it up with another brand.
While being a staple, VitaminFIZZ is very capital intensive when launching into new markets, and we feel it requires a complimentary brand that can support the corporate monthly burn rate. I have internally nicknamed this new brand a "house" brand but believe the moniker "work horse" brand is more fitting. This new brand will be many things including 1.) already developed, 2.) cash flow positive and 3.) easily integrated into our existing infrastructure network
On the positive side, it sounds like they have the financial backing to move forward and build out the company a little bit more. A next phase if you will, and each 'next' phase is going to have hard ships, but if we keeping getting past them, slowly but surely something profitable will be built.
Also, if this company does become profitable over the next few years, and really does plan to uplist to the NASDAQ, there will be another reverse split. Just do the math with the Market Cap, for exapmple, 200,000,000 OS at $2 a share is a 400 million dollar comapny. Big Red is only a 200 million dollar company. So again, my adivce is be realisitc.
In the end, I am a MINEr, and like most of you I am going to be stuck in this stock for a lot longer than any of us have expected. I am down 80% after today, and so far the company isn't profitable. While watching this company the past two years I have learned that it isn't easy, and there is no quick way to build a company, but I do see one being built with Minerco. Slowly but surely sometihing is coming together.
So, the next time someone on Twitter tells you your company is going to make a 1500% run, remember what Obee1 told you, have a more realisitc outlook..
Fingers crossed...
