Minerco Inc (MINE)

[peafunke]

I had mentioned about a month ago they had a $3mil LOC and product revenue last year. Granted they bought a few things but didn't keep their eye on the ball. They have less now ... Much less.

But they have a lot of shares to dilute with.

Vanis promised the 250 mil AS was high in order not to raise the AS again. That's 250 billion before the RS.

We should be over 100 million OS come the next Q. But with no product being produced this will easily go to 150 million in OS IF. That's a big IF anything is ever to be produced.

Let's see if CB comes out by end of month. My opinion is it won't or if it does it will be like a few thousand cases as a teaser and then nothing. Your just don't have the money to scale anything.

The have license fees. They have Interest payments. They have salaries and a payroll.

They have no revenue and only a mil in LOC.

Can someone who is high and positive on this explain how they can produce. ?
SS?
monkey?

Mmmmm hmmmm