Yes it is, with good reason. It keeps toxic debt, which used to be friendly from diluting, while rest of Lenders come to decision on how to eliminate said, toxic debt permanently...
This has been clearly stated in recent Letter to Shareholders. VitaminFIZZ has experienced an interesting year of ups and downs. One year ago, we were scheduled in a National Account. Then the original owners of VitaminFIZZ tried to push us out of the deal. We eventually won the battle, but we were set back by over six months due to this battle. As soon as we acquired 100% of VitaminFIZZ, our financial partners started giving us problems and failed to deliver as promised making it impossible to properly plan our operations. With all those challenges and obstacles, I know we are on the right track because, ever since we announced VitaminFIZZ with Caffeine, the original partners have been trying to get back into the VitaminFIZZ deal.
More information about VitaminFIZZ is available at:
With the leveraged cooperation of our financial partners, we can capitalize on our years of hard work to lay our very solid foundation. The national rollout of not one, but up to three, product(s) is a viable reality. As we execute on all the above, we will keep you updated, but only with definite operations and timelines, to the best of our ability. As your Chairman and CEO, and as the largest single shareholder of the company, I know we can execute on our business model. I appreciate your loyalty, understanding and patience during this financing and operational turmoil. We are working day and night to take advantage of these challenges turned opportunities. http://minerco.com/news.php?p=142
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