Replies to post #200476 on Minerco Inc (MINE)

[Linedrive]

It would be great if the thread could stay on point. The original post was regarding last week, not the last 6 months......



NEXT!

[Fizzman]

Well it's better than 5 billion....... Look at it that way.

[End Game]

It is a big deal to me, but we don't know for what reason. Was it toxic debt or preferred shares converted to common shares? Was it for another opportunity too good to pass up, that would bring instant revenue? The problem with offering shares for services or other payments is.....the super cheap share price. No new shares should be issued at this price unless it's absolutely necessary. I trust management raising outstanding shares was for positive reasons at this stage of growth for Mine. Besides, most scam penny stocks...investors don't have a clue what current outstanding share count is. Proves everything is legit and open with Mine.

[adamviva]

Suppose they were to dump the full billion shares into the A/S count, and dilute by 40%? Does any rational investor not think that MINE's business has not grown WAY MORE than 40% over the last year????

I'll happily take an annual A/S dilution of 40% for every year where MINE experiences the hundreds or thousands of percent growth they've had this year. And so would any rational investor. Fear-mongering sheds no light whatsoever - it only generates heat. The fundamentals of MINE's business are being built before our eyes.