Replies to post #318353 on Minerco Inc (fka MINE)

[Ball Scabs]

So, that kinda leaves $MINE with Fuze Live Events and if anyone can show me that this "once thriving" entity has ever done anything other than retweeting TMZ... I'll buy you a box of cookies.

[IWillBeSpokenOf]

I agree and disagree with you at the same time.

I am aware that the 2018 Farm Bill explicitly preserved FDA’s authority to regulate products containing cannabis or cannabis-derived compounds under the FD&C Act and section 351 of the Public Health Service Act (PHS Act). FDA treats products containing cannabis or cannabis-derived compounds as it does any other FDA-regulated products.

With that being said, the FDA considers the selling of marijuana as illegal yet is aware that several states have either passed laws that remove state restrictions on the medical use of cannabis and its derivatives or are considering doing so. They are welcoming communications with the state and local governments but have thus far been reluctant to do more then serve warning letters to companies that operate in those states.

When a product is in violation of the FD&C Act, FDA considers many factors in deciding whether or not to initiate an enforcement action. Those factors include, among other things, agency resources and the threat to the public health. FDA also may consult with its federal and state partners in making decisions about whether to initiate a federal enforcement action.

So the sale of a product may be deemed illegal at the federal level but legal at the state level.

I have not seen proof that VitaminFIZZ is in production nor am I saying that the pathway to selling CBD infused water is an easy one. I will say that it is possible, whether or not it is considered legal at a federal level.

[MikeyInTheD]

Who is investing dollars in this stock thinking that CBD Vitamin Fizz is a real thing? The company has a zero assets, a pile of debt, a failed CEO and no interest from the investment or financial communities. Who is ever going to loan this company a nickel to bottle Vitamin Fizz again after last times failure? If they can raise capital it is going to be the most toxic debt ever seen and only after a reverse split takes out 99% of whatever value is left in the stock even at current levels.

There is no investing theory here except put some money in that you expect to go to zero on the .0001% chance some wants to complete a reverse merger to uplist which will give investors 10x returns for a few days before it crashes back to earth. I’ve made and lost money on that kind of trade, just have to expect the worst going in and know when to get out. But there is zero organic value here from legacy assets. Fuse Live Events isn’t an operating asset any longer. It was supposed to have millions in revenue yet MINE never reported a dime of income after the acquisition. How did they buy a company with millions in revenue and somehow the day of the acquisition Fuse went non-operational? I guess its the same as the rest fo the failed ventures - Vitamin Fizz, coffee creamer, bitcoin mining and the Popcornoplis acquisition.