I understand what you saying living but...
This is Penny Land and what penny stock has the financing to fund a new product launch? How is a startup company like MINE suppose gain addition income other than dilution of stock? Below is a quote from the Chairman of the Board as an email reply to that same question I asked him via email...
"To answer your question, we never directly sell shares into the market. As a development stage company, we require funds to execute our business plan. Since we do not yet have significant revenues, the capital we raise is collateralized by shares of the company. As our business plan matures, we will be in a position to seek more conventional financing including accounts receivable financing against purchase orders and favorable lines of credit against inventory and revenue.
As reported, we have started to restructure and renegotiate our debt liabilities. We have repaid and will continue to repay our unfavorable debts/liabilities as they become due."
You either believe the company or you don’t it’s your choice. The thing about this company is I've done everything MINE is doing now in regards to a product launch. It takes time and it's not cheap. I pioneered a Corn Nut product from a company out of Spain from start to finish about 5 years ago. All without a Company like Power Brands or a Distributor like Avanzar in the beginning. MINE seems to be doing everything the right way. I've already quadrupled my investment here and there's way more to come. Of course it's all IMHO but I've seen just about everything here in Penny Land and I would say this is a good bet to make a nice profit within the next month or so.
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