Minerco Inc (MINE)

[Coachshot99]

Scott Vanis on June 25, 2015:

“I would also like to thank you for your patience in regards to the timing of this update. I wanted to be in the position to affirmatively state that, as of yesterday, we have started the process of returning common shares to the company treasury. Additionally, I can now also definitively state that we believe our current share structure will be suitable to see us through to the next step in our growth, expansion and evolution.”

Scott Vanis in August of 2015:

“After comprehensive analysis and evaluation of countless possible scenarios, we have proposed a change in our capital structure.
The proposal to change our capital structure by effectuating a 100:1 reverse split across the board (common and all preferred series) has been put out to our shareholders.”

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Don’t ever buy into the hype that “the current share structure is sufficient”.

If they can’t run this stock up on phony baloney news, they will have no choice but to RS this. These repeat PRs aren’t doing the trick. So don’t be shocked if they decide to Reverse Split this sometime in June or July. We have seen this before.