Monday, September 21, 2015 12:52:57 PM
Yes, Beau, Scott talks a lot, and most if not all that he says falls through or changes..
Have no doubts about it. If by some miracle Minerco becomes profitable and uplists, there will be a second reverse split to get there.
I don't know how many times I have to tell this board, but to be on the NYSE or NASDAQ there is going to have to be a fair valuation.
$4 xs 35 million OS (which is conservative) is NOT a fair Valuation for a company that is in negative cash flow..
Seriously, you have to be a lot more realistic. At that valuation above Minerco would have to be making $35,000,000.00 a Quarter...
#GiveMeABreak
*If Minerco is ever to uplist to a major exchange there will have to be the bare minimum of OS. Somewhere between 2-5 Million Outstanding Shares, and at $4 (the pps minimum) that Valuation is still not reasonable..
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