Minerco Resources Inc. (OTCQB: MINE), the parent company of Level 5 Beverage Company, Inc. ("Level 5"), a specialty beverage company which develops, produces, markets and distributes a diversified portfolio of all-natural and highly functional brands, recently held an investor conference call on April 29th.
On March 2nd, Level 5 applied for, and expects to receive, the trademark: The Herbal Collection ("THC"). With this new brand and trademark, Level 5 is strategically positioning itself to build on its already impressive portfolio of all-natural beverage products. The company’s plan is to incorporate THC Brand into our portfolio, both horizontally and vertically.
V. Scott Vanis, the Chairman of the Company said, "We are finally prepared to share our updated list of milestones reached in our Conference Call. Level 5 has accomplished a lot in the past year, and we will be focusing on our plan for the future on the Call. In our always forward thinking philosophy, our newest brand being developed, The Herbal Collection, will position our companies to be in a front position as the industry evolves. On a financial note, Level 5 has been generating revenues and accounts receivable at a healthy pace; however, we have been reinvesting all the sales back into the business downstream of the bank accounts in the form of direct marketing and sampling. In the very near future, Minerco will also be reinvesting these monies into debt negotiation and repayment. These upcoming reductions in debt will allow the Company to move onto a larger and healthier playing field. As always, we will keep you informed of developments and opportunities at the soonest opportunity."
With this news, it’s no wonder why Minerco Resources has seen robust volume along with a 27.7% increase in its share price. On May 1st, MINE closed at $.0258, up $.0056 from its previous close of $.02.
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Blue Earth, Inc (OTCQB: BBLU), a company providing energy efficiency and alternative/renewable energy solutions for small and medium sized commercial and industrial facilities, saw its share volume remain strong with 163,820 shares exchanging hands at $2.93 on May 1st, down $.07 (2.33%) from the previous day’s close.
Blue Earth announced a couple weeks ago that it has entered into an agreement to sell their recently commissioned, Waianae, solar facility to Kenyon Energy.
The 500,000 watt system is located on the island of Oahu, HI. The sale of this project provides Blue Earth with additional corporate resources to apply toward their combined heat and power (CHP) projects, and sets in motion a broader relationship with Kenyon Energy to similarly convert our large solar project pipeline.
A Letter of Intent has been signed for Kenyon Energy to acquire two additional solar systems totaling 785,000 watts on the island of Oahu. BE Solar will provide the engineering, procurement and construction services for the completion of the facilities in the third quarter of 2014. Kenyon Energy and BBLU are also working together to develop and build other solar projects on the islands and the mainland.
Ray Gonzalez, President of Kenyon Energy, stated, "Blue Earth has a highly competent national sales force that works with utilities and host facilities to develop, build, and maintain renewable energy systems that contribute to the nation's renewable energy goals. We are committed to supporting Blue Earth's solar development initiatives as a strategic funding partner."
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Medinah Minerals, Inc.’s (OTCPINK: MDMN) share volume skyrocketed on May 1st, with 11,416,462 shares exchanging hands, nearly five times higher than its three month average of 2,378,672 shares.
This recent uptick in volume comes at the heels of news released last week announcing that MDMN had received a firm written offer from a group of well-known and highly qualified Peruvian mining experts to immediately commence development of the entire Altos de Lipangue properties. Medinah has until June 9th, 2014 to accept or reject the terms of this agreement.
Additionally, there has been accelerated interest in the Altos de Lipangue project with major and mid-tier mining companies actively expanding their knowledge of the property, predominantly in light of recent discoveries at the LDM/NUOCO mining projects. These companies have requested and received signed confidentiality documents and agreements that are on file. Therefore, Medinah Mining Chile has allowed each of their crews’ access into the field and visitation to the location of the stored core samples.
MINE closed the day May 1st at $.06, up 0.0085 (16.50%) from the previous day’s closing price of 0.0515.
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Terra Tech Corp. (OTCQB: TRTC), a company engaged in the design, marketing, and sale of hydroponic equipment in the United States, is pleased to announce that their line of living produce is now available at 75 new retails stores throughout the Northeast. The company is now distributing their line of sustainable and locally grown produce to Daves Marketplace in Rhode Island, as well as Associated Grocers and Trucchi's Supermarkets in New England. In addition, RBest Produce Inc. is distributing the Edible Garden line throughout the Northeast market.
"We continue to make great progress with expanding the brand throughout our core market in the Northeast," says Derek Peterson, CEO Terra Tech Corp. "We are filling our new 5-acre facility ahead of schedule and our sales team is actively pitching our products in multiple markets."
TRTC closed on May 1st at $.5251, down $0.0199(3.65%) from its previous closing price of $.545 on a hearty volume of 1,380,904.
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