Company in Negotiation to Acquire Several New Companies and Assets
HOUSTON, Feb. 13, 2018 /PRNewswire/ - Minerco, Inc. (OTC PINK: MINE), a cutting-edge brand management and holding company, announced today the company has become current in its filings with OTC Markets while evaluating, and in preparation for, possible acquisition targets. The company's main goal is to increase the value of the company and earn the confidence of its shareholders. The company is currently negotiating to acquire assets and brands in the hottest sectors of the market. The company expects to update shareholders on details of these strategic acquisitions in the coming weeks.
The company is currently developing beverage, entertainment, and related ancillary brands. After the coming acquisitions, Minerco will officially transition into a true holding company holding assets in multiple categories. The company announced, last September, the acquisition of the controlling interest in Fuse Live Events, Inc. (Fuse). Minerco's acquisition of Fuse, valued at over $1,000,000, was facilitated by Minerco's exclusive investment banker, Pluris Capital Group, Inc.
Fuse is a recognized live events company which capitalizes on the always expanding, global live entertainment market through the generation, production and promotion of premium quality live entertainment such as concerts, festivals and other live events. Most recently, Fuse delivered unforgettable experiences to hundreds of thousands of diversified consumers in multiple key markets in demanded genres.
Scott Vanis, CEO of Minerco stated, "We can't be more excited about finalizing the contracts and details of these new acquisitions for the company. One pending acquisition in particular is in perfect harmony with our company name and fits our 'MINE ticker' perfectly, not to mention one of the hottest spaces in the market. As stated before, these assets will continue to be run by the experts that developed them. We believe that these acquisitions will substantially increase the assets and shareholder value of the company. Our goal over the next year is to become a holding company for major assets and subsidiaries that fit within and define our business model. "
Minerco, Inc. (OTC PINK: MINE) is a cutting-edge brand management company specializing in the development of beverage, entertainment, and related ancillary brands. The current Minerco beverage brand umbrella includes VitaminFIZZ® and The Herbal Collection™. Our entertainment company, Fuse Live Events, supplements our portfolio through the generation, production and promotion of premium quality live entertainment such as concerts, festivals and other live events. Minerco is always seeking new opportunities to expand our portfolio, whether the brands are well established or startups. Our exposure, databases, and access to capital provide opportunities and high-level exposure most brands can only dream about.
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About Fuse Live Events
Fuse is a recognized live events company which capitalizes on the always expanding, global live entertainment market through the generation, production and promotion of premium quality live entertainment such as concerts, festivals and other live events. In just the last calendar year, Fuse delivered unforgettable experiences in multiple markets to hundreds of thousands of diversified consumers in multiple genres. Recent notable events include events around Super Bowl LI in Houston, NBA All Star Weekend in New Orleans and Mayweather vs. McGregor in Las Vegas. Fuse also hosts, produces and presents live concerts in South Florida, Houston and New York City.
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Safe Harbor Statement
This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Act of 1934 that are based upon current expectations or beliefs, as well as a number of assumptions about future events. Although we believe that the expectations and assumptions upon which they are based are reasonable, we can give no assurance that such expectations and assumptions will prove to have been correct. Some of these uncertainties include, without limitation, the company's ability to perform under existing contracts or to procure future contracts. The reader is cautioned not to put undue reliance on these forward-looking statements, as these statements are subject to numerous factors and uncertainties, including without limitation, successful implementation of our business strategy and competition, any of which may cause actual results to differ materially from those described in the statements. We undertake no obligation and do not intend to update, revise or otherwise publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of any unanticipated events. Although we believe that our expectations are based on reasonable assumptions, we can give no assurance that our expectations will materialize. Many factors could cause actual results to differ materially from our forward-looking statements.
SOURCE Minerco, Inc.