Embedded Files
2/26/2014. The key trade on L2 data that caused MINE to rise.
10,500,000 shares @ 0.0034 = $35700 on the bid at 15:30. When that trade happened MINE started going up big time.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=109395106
Dream 1/5/2015 - 0700. Dreamed that I made a lot of money investing in MINE in stock market. That day the stock hit a new high of .0058 on that day.
Thoughts on 2/17/2015.
1. Not even close for capitulation. We need a huge sell-off with large volume and many trades to drive this stock down to those levels. Lots of buy and hold investors in this stock. Many are waiting on the financial report in March. We need to get some of the pumpers from the other stock groups on this board to make projections that the stock is going to .30 (one of the guys has a dart board gif, the other has a monopoly board jpg, the other has a women with devil horns).
2. Who is doing the worry the person asking the question or the people reacting to the question ? You all make me laugh to see the reaction to such a simple question about nothing. Turns out that many of these vitamin waters have the controversial ingredient in it (nestle, sparkling ice). As stock pumpers you all need to do your homework for potential questions like this.
3. Continued talk about dilution even though dilution has stopped. Company needs to buy back shares to help SS (share structure). The declines from Sept 2014 to Dec 2014 where caused by dilution.
4. Pitman33 brought up issue of lack of transparency with trust agent report in terms of reporting registered share holders and shared structure on weekend of 3/7/2015. A tweet on twitter indicates that the Trust Agent refuses to give out the current stock structure.
5. Capitulation by traders power11 and bad_hemper gives up.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=111566049
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=111557109
Board announcement of a stock buyback. 2/22/2015
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=111060662
6. Convertible debt discussion issues(s). 3/11/2015
http://investorshub.advfn.com/boards/replies.aspx?msg=111641310
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=111639805
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=111641628
7. Power11 dump posts
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=111664214
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=111666529
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=111637806
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=111627653
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=111626834
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=111625376
8. Power11 helps the shorts
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=111562310
9. Talk about reverse stock splits.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=113062075
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=113108341
2/27/2015. Technical Analysis reading of the charts is looking good. The 50 day moving average is going up and is about the cross the 200 day moving average. That is a the golden cross signal that is major significance. It means the stock is about to get into a bull market. A major buy signal for a lot of investors who follow charts.
Mine Death cross moving average cross over sell signal 4/25/2015
This sums up why share price is not going up
Stock is trading at .005 because MINE provides nothing of value to shareholders. They over-paid for Avanzar, they diluted their stock heavily, they keep piling on debt, and they don't even fully own Vitamin Fizz's revenue stream. Let's cut the crap. MINE is a POS trading in the OTC, with little value to offer. Should be trading .003 and under tbh. When shareholders are asked to pick up the tab the 100th time, you won't see me here ever again because your share value will depreciate so much, that it will just become another "could have been". Dead money is holding this right now. Smart investors are staying out because there's better things to trade in this market, with products that are original, and actually offer better margins.
DON'T COME CRYING TO ME WHEN...
AN R/S IS ACTUALLY ANNOUNCED.
YOU FIND OUT THE MARGINS STINK THE NEXT 2 QUARTERS.
YOU FIND OUT YOUR STOCK BECOMES WORTHLESS.
MINE HAS TROUBLE PAYING THEIR DEBTS, SO THEY CONTINUE DILUTING HEAVILY OR POSSIBLY FACE BK.
I told you about all the red flags in this stock. I told you about the phony shareholder list, I told you about the debt and lack of revenues being a huge problem. The undelivered promises of a celebrity, THC, and other products still not seeing the light of day. The lousy Avanzar deal that another intelligent fellow better explained here in the past few weeks, along with other miscellaneous problems you "longs" continue to ignore.
The only way to turn this situation around is a retailer that matters or national expansion. Walgreens was a good start, but a few gas stations, alberton's, and k-marts aren't going to cut it. Where are the NY #'s btw? Why is Vanis ignoring this area, when they had a distribution deal done a while ago in the NYC area? You folks keep telling me this is a "gem" in the OTC, well I don't see this acting any better than any other stock in the pinks, and actually, the fact that it can't hold .01 is a huge red flag that there aren't very many dedicated shareholders willing to invest in this company. Hmmm... I wonder why.
Another weak close. Thought you folks had momentum for a second, but nope :/ . Just another unimpressive day for this stock. Like Pitman stated, you'd think with all this good news, the stock would go up and stay there. Makes you wonder, hmmm...
Maybe this company has more issues than people like to believe. All of these DD posts have been re-posted constantly, yet no new shareholders are seen on this board. You guys are repeating this information like you all haven't seen it a hundred times already, and are basically talking to yourselves imo.
Well I can't blame you folks. If I "invested" in an otc, I'd probably also keep telling myself that I didn't make a mistake buying into a company with very weak financials, loads of debt, and one that diluted so heavily, just to make myself feel better. I know, the feeling of regret sucks, it's okay to accept being wrong. I've done it many times before in the past, and you learn to become a better person this way. The thing is, I know I'm not wrong about MINE. It is still another POS otc stock, and all the news so far hasn't disproved me yet.
Maybe one day that will happen. Vanis keeps putting out PR's showing that the company is somewhat saturating the market, but there's a lot more needed in order to pull this company out of the mud. Many mistakes made by this CEO, and costly ones at that. MINE will need huge financing soon, and I definitely see heavy shareholder support will be necessary to keep this company from going downhill anymore than it has already. Companies like Coke or Pepsi can afford the luxury of taking on the burden of debt, but a relatively unknown name like Minerco cannot. People will see shortly. Maybe Vanis can disprove me with a loan agreement that doesn't require additional diluting of the stock.
I think I'm enjoying sitting on the side-lines as a speculator, trader, and past investor more than I'd ever be as a current one. I've made good money through knowing which catalysts matter in moving a stock. Maybe one day I'll be back in holding some shares.
LIST OF NEGATIVES STRAIGHT FROM THE 10-Q. SHORTENED FOR SPECIFIC RED FLAGS THAT I'VE NOTICED.
The Period October 25, to
January 31, 2015
(Successor)
Total Liabilities
4,946,037
Accumulated deficit
(26,098,966)
Gross Profit
$135,249
Net Loss from Operations (1,003,491)
Total Other Expenses (1,115,431)
Net loss $(2,118,922)
2. Going Concern
"These financial statements have been prepared on a going concern basis, which implies the Company will continue to realize it assets and discharge its liabilities in the normal course of business. During the three month period ended January 31, 2015, the Company has an accumulated deficit and minimal revenue. The continuation of the Company as a going concern is dependent upon the continued financial support from its shareholders, the ability of the Company to obtain necessary equity financing to continue operations, and the attainment of profitable operations. These factors raise substantial doubt regarding the Company’s ability to continue as a going concern. These financial statements do not include any adjustments to the recoverability and classification of recorded asset amounts and classification of liabilities that might be necessary should the Company be unable to continue as a going concern."
The Company intends to fund operations through equity and debt financing arrangements, which may be insufficient to fund its capital expenditures, working capital and other cash requirements for the year ending July 31, 2015.
AVANZAR DEAL RED FLAG: Goodwill resulting from acquisition
$716,940
Avanzar Condensed Statement of Net Assets Acquired
Total Liabilities (1,611,274)
Mr. Vanis will be paid a salary of $225,000 per annum beginning on July 9, 2014.
HAS DONE A REVERSE SPLIT BEFORE, DON'T PRETEND IT CAN'T HAPPEN AGAIN
". On February 13, 2012, the Company effected a 150 for 1 reverse stock split, increasing the issued and outstanding share of common stock from 1,054,297,534 to 7,028,670 shares. "
"We require additional funds of approximately $4,700,000 to proceed with Phase 2 of our business plan over the next 24 months. "
Outstanding Indebtedness
Convertible Promissory Note
250,000
Balance on 1/31/2015 250,000
Date of Issuance 10/22/2014
Maturity Date 10/22/2015
8% interest rate converts at a variable conversion price of 50% of the market price calculated based on the lowest day during the preceding 20 days
Avanzar NOTES
Set forth below is a chart of Avanzar’s notes payable as of January 31, 2015:
Principal at 1/31/2015
Interest Rate
Maturity
$ 20,000 8 %
On demand
$ 20,000 8 %
On demand
$ 10,000 8 %
On demand
$ 20,000 8 %
On demand
$ 49,970 12 %
August 31, 2015
$ 10,000
Non-interest bearing
On Demand
$ 20,000 8 %
December 31, 2015
WANT ME TO DIG UP MORE LOL? THAT'S JUST A PIECE OF THE PICTURE.
I'LL KEEP THIS POST ON FILE, SO PEOPLE CAN SEE REAL DD. DO YOU WANT EXPLANATIONS FOR WHAT THESE #'S MEAN BECAUSE THAT WILL COST EXTRA. THE COST OF DOING BUSINESS ISN'T CHEAP, THAT'S FOR SURE.
Page updated
Google Sites
Report abuse