Minerco Inc (MINE)

[Lovecraft]

Minerco Inc. the Magic Mushroom Company Receives 1B Valuation Pre-Money Business Valuation from EQUIDAM
Oakland, California--(Newsfile Corp. - January 19, 2021) - MINERCO Inc. (OTC Pink: MINE) has hired EQUIDAM SOFTWARE 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. Minerco's Valuation report list IPEV at 297M, LTG AT 193M and DCF TV AT 1B. This Valuation was computed based upon financial projections from the business model. Minerco's will use Valuation as an indicator to the business opportunity in this emerging industry. In addition, Minerco intends raise capital to do the following:

Acquire and retire Toxic Debt from balance sheet.

Acquire and renovate properties for production in Oregon, Vermont and Jamaica.

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.

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.