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Thursday, January 07, 2021 10:46:03 AM
Minerco Inc. The Magic Mushroom Company Hires EQUIDAM to Perform Pre-Money Business Valuation for REG CF Capital Raise
8:08 AM ET 12/28/20 | Dow Jones
Portland, Oregon--(Newsfile Corp. - December 28, 2020) - MINERCO Inc. (OTC Pink: MINE) has hired EQUIDAM to create business valuation using 3 methods: IPEV (International Private Equity Valuation), DCF (Discounted Cash Flow) with LTG (Long Term Growth) and DCF with multiples model including the TV (Terminal Value) method.
MINE will use the valuation to complete requirements for REG CF capital raise of $5m as well as benchmark its quarterly projections. REG CF funds will be used to do the following:
1. Acquire and retire Toxic Debt from balance sheet.
2. Acquire and renovate properties for production in Oregon, Vermont and
Jamaica.
3. Acquire equipment needed to produce 1m psilocybin tablets daily to be
sold to wholesale purchasers domestically in Oregon and Vermont and
internationally by way of Jamaica to Amsterdam and Canada.
4. Establish cash collateral reserves for MINE'S blockchain gateway and
token SHRU. This cash collateral will spring board SHRU token onto the
top Exchanges worldwide.
Minerco anticipates the pre-money valuation and financial projections within 14 business days
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