Minerco Resources Inc (OTCMKTS:MINE) is making an EPIC rise on massive volume as the Company announces one spectacular press release after another. MINE is quickly become an investors favorite here as this one has a history of big moves running from $0.0012 low to highs over $0.04 last year.
MINE announced on January 8 that as of this week, the company has completely satisfied its obligations under all existing, mature Convertible Promissory Notes. All mature Minerco convertible notes have a zero balance as the company completes the transition to more traditional, non-dilutive financing.
CEO V. Scott Vanis said “After years of heavily discounted convertible notes from less than friendly lenders, we finally turned the corner in 2014. Now, we start 2015 with a zero balance on mature convertible notes. With our explosive product lines, our world class management and now, our non-toxic balance sheet, we believe our company will explode and evolve into a monster in 2015!”
This comes on the heels of the significant news several days ago that VitaminFIZZ®, is now available in Southern California Kmart stores. This new account was placed through Avanzar Sales and Distribution, which was recently acquired by Level 5. Starting this week, VitaminFIZZ will be in the cooler sections and on the shelves of all 47 Kmart locations in the Southern California region. Kmart is the third largest discount store chain in the world.
VitaminFIZZ is a lightly sparkling, flavor-filled, refreshing beverage with an awesome boost of essential vitamins developed to quench your thirst, naturally. VitaminFIZZ is caffeine free, is Non GMO, has zero calories and contains 100% of recommended daily Vitamin B3, B5, B6, B12 and Vitamin C. Awaken your taste buds. Now that’s refreshing. VitaminFIZZ comes in six flavors: Mango Orange, Strawberry Watermelon, Lemon Lime, Black Raspberry, Strawberry Lemonade and Coconut Pineapple.
Minerco Resources Inc (OTCMKTS:MINE) is the parent company of Level 5 Beverage Company, Inc., a specialty beverage company which develops, produces, markets and distributes a diversified portfolio of all-natural and highly functional brands. The Level 5 brand umbrella includes: LEVEL 5™, COFFEE BOOST™ and VitaminFIZZ®.
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Level 5 partnered with Power Brands Consulting, LLC to formulate and design the LEVEL 5™ product line: a portfolio of highly functional, all-natural, reduced calorie 2.5 oz. “shots.” Level 5 has developed 8 products to date, RISE™, COFFEE BOOST™ (in Coffee, French Vanilla, Hazelnut and Mocha flavors), CURVES, ARMOR and FLEX , two of which (RISE™ and COFFEE BOOST™ in Coffee flavor), are available for sale in more than 300 stores in Southern California and Arizona and are also available for sale via the internet on Amazon.com.
Earlier this year Level 5 acquired 100% of the VitaminFIZZ® brand. VitaminFIZZ® is a low calorie, vitamin enhanced, carbonated soda. VitaminFIZZ® contains 100% of daily vitamin C, high doses of B vitamins and is only 20 calories. Level 5 and Power Brands re-vitalizing VitaminFIZZ® in a new 16oz. plastic bottle, and we will re-introducing it into the market in the very near future.
MINE has also made small inroads into the red hot pot sector with their Herbal Collection infused with the active ingredient in Marijuana; THC. Back in June the Company announced an Asset Purchase Agreement effective June 20, 2014, with Vitamin Creamer LP, a limited partnership (the “Seller”), where, among other things, Level 5 bought all right, title and interest to the (i) the Trademark “Vitamin Creamer”, and (ii) formulas and certain other intellectual property rights related to the Brand and the Products.
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As I touched upon earlier MINE is quickly becoming an investor favorite and volume levels have risen significantly as the stock heads towards the $0.01. With confirmation of no new shares coming into the market and continued massive accumulation the stars just might be aligned for MINE here. This is a real Company with real quality products that people like to use already accepted in the marketplace with a serious CEO running the show with an eye on bigger things. MINE is a stock to watch.
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Disclosure: we hold no position in MINE either long or short and we have not been compensated for this article.