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Replies to post #241550 on Minerco Inc (fka MINE)
05/07/15 4:34 PM
05/07/15 5:54 PM
05/07/15 8:10 PM
I would NOT invest another 1/2 cent in $MINE. I might as well throw coins in a fountain.
Guys, the market doesn't lie.
05/07/15 9:54 PM
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Finally, I updated you last week that we are evaluating the timing of a move to a listed exchange, either on NASDAQ Capital Market or NYSE Market. I'd like to emphasize that our initial strategic focus is on the stockholders? equity requirement for the planned uplisting. The share price will be the last requirement to satisfy.
Over the next month or so, you will see us clearing debt from our balance sheet and acquiring assets in this pursuit. You may have noticed that we added $400,000 to our assets last week with the execution of the Second Option of the acquisition of Avanzar, our SoCal distributor and subsidiary of Level 5 Beverage. We are also evaluating additional acquisitions and partnerships that will continue to add to our stockholders? equity.
Here?s another piece of breaking news: In the upcoming weeks and months, you will notice our share structure changing. More specifically, you will see our outstanding shares and float decreasing as shares are returned to the treasury of our company.
As the Chairman, I share your dedication to the success of our company and truly believe we are building a company that our kids can be proud of! As always, I thank you for your continued support.
AI
