Primco Management Executes Final Settlement Agreement With WHC Capital


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PK:PMCM / OTC:BB:RNBI / OTC:BB:MINE
05/22/2014 [ACCESSWIRE]

Primco Management, Inc. (OTCPINK: PMCM) saw its share volume remain steady on May 21st with 278,404,960 shares exchanging hands, right on par with its three month daily average volume of 300,003,023 shares. 

This comes after Primco Management, a medical marijuana, real estate management and multi-media company, announced that it has executed a final settlement agreement with its largest convertible note holder, WHC Capital, LLC. 

As of March 31, 2014, the Company had obligations to WHC Capital in the amount of $482,255.75. These obligations will now be fully settled. 

"We are continuing the pursuit of our stated goal," stated David Michery, CEO. "The repayment of all convertible debt and the strengthening of our balance sheet for future growth. The settlement with WHC is another vital step on the way to building a market leader in the burgeoning marijuana industry." 

PMCM closed the day at $.0016 on May 21st, 23.8% lower than its previous close of $.0021. 

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Rainbow International Sees Jump In Share Volume  

Rainbow International Corp. (OTCQB: RNBI) saw its share volume jump on May 21st with 2,325,454 shares exchanging hands, significantly higher than its three month daily average volume of 1,317,487 shares. 

With no new news on the company, one can only speculate why this uptick in volume has occurred, but here is what is known about the company: 

Rainbow International offers Restoration and Cleaning services through over 300 locations. Our restoration services cover fire damage restoration, water damage restoration, mold removal, smoke damage restoration, and more.  RNBI is also a provider of cloud-based and smartphone/tablet-enabled claims technology using the most comprehensive data for the property and casualty insurance industry. 

RNBI closed the day at $.205, 5.83% higher than its previous close of $.1937. 

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Minerco Resources Sees Continued Downward Trend In Share Volume 

Minerco Resources, Inc. (OTCQB: MINE) saw its share volume plummet on May 21st with 46,750,004 shares exchanging hands, significantly lower than its three month daily average volume of 133,052,189 shares. 

With no very recent news, here is what the company has been up to: 

Minerco Resources Inc. is 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. The Level 5 brand umbrella includes: LEVEL 5™, COFFEE BOOST™ and VitaminFIZZ®.  

Level 5 partnered with Power Brands Consulting, LLC to formulate and design the company's LEVEL 5™ product line: a portfolio of highly functional, all-natural, reduced calorie 2.5 oz. "shots." Level 5 has developed eight (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. Recently, 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 the company will be re-introducing it into the market in the very near future. 

MINE closed the day at $.014 on May 21st, 4.76% lower than its previous close of $.0147. 

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