Minerco Inc (fka MINE)

[2obee1]

The reverse split is a way to continue to use shares as a way to grow the business..

As I keep trying to teach this board, if MINE is to ever uplist there will have to be another reverse split some time in the future:

1. To get the share price to the $4 pps minimum.

2. To have a fair reasonable valuation that investors would feel comfortable putting their money into..


After the coming R/S there will be 35 million in the OS.. Lets be conservative and say Scott only dilutes 20 million into the OS to grow the business..

That would be 55 million shares x's $4 = $220 million dollar company market cap..

That kind of valuation simply IS NOT REASONABLE...