Minerco Inc (MINE)

[PENNYS ToMILLIONS]

We are evaluating a strategic acquisition that perfectly complements our existing business. The acquisition is anticipated to be a cashless transaction, and, when closed, will be operated by its founding experts. This transaction is the main reason for our recent increase in authorized shares.
As the new leaders of our business come up to speed on the public aspects of Minerco, I will oversee the transition and ensure continuity. Once the transition is complete, I plan to entrust our company in the capable hands to our new business leaders.
While the expected cashless transaction(s) will increase our issued and outstanding shares, these shares will be restricted and not free trading. We do not foresee many more increases since we were able to sideline our bankers and our operating expenses have been significantly reduced.

https://finance.yahoo.com/news/minerco-inc-chairman-ceo-issues-162000199.html