MINERCO INC - MINE STOCK NEWS

Minerco, Inc. (OTC PINK:MINE) has announced a trading suspension by the SEC from May 27 to June 10, 2021, due to concerns over the accuracy of the company’s public disclosures and potential market manipulation. The CEO, Julius Jenge, stated that the company will cooperate fully with the SEC and provide updates as permitted. The SEC raised issues about the company’s corporate status and inconsistencies in its statements compared to financial disclosures. Minerco specializes in psilocybin mushroom products and blockchain technology.

Minerco, Inc. (OTC PINK:MINE) announced a global live streaming concert featuring acclaimed African artist Davido, alongside American rappers Bobby Shmurda and Rowdy Rebel, scheduled for June 18. Ticket sales are expected to reach 1 million at $20 each, utilizing the company's crypto payment system, SHRUCOIN. The concert will be part of a docudrama with anticipated global viewership exceeding 100 million via platforms like Amazon and Apple TV. The initiative aims to enhance revenue streams for Minerco in the current fiscal year, leveraging the growing trend of digital payments in the entertainment sector.

Minerco, Inc. (OTC:MINE) announced a global live streaming concert featuring top African artist Davido and American rappers Bobby Shmurda and Rowdy Rebel on June 18, 2021. Ticket sales are expected to reach one million, priced at $20 each and will be conducted using the company's SHRUCOIN, a mobile money transfer service. The event is projected to attract over 100 million viewers through platforms like Amazon, Roku, and Apple TV, significantly benefiting Minerco's financial performance for the second fiscal quarter and the current fiscal year.

Minerco, Inc. (OTC PINK:MINE) partners with TECHSULT to introduce SHRUCOIN through m-PESA, the major mobile money service with over 500 million users across Africa. This landmark agreement makes Minerco the first U.S. company to enter key African markets, including Kenya, Uganda, and South Africa. The move comes as mobile money transactions surged, with a total value reaching $12.7 billion in 2020, a 65% increase. The CEO highlighted the potential for substantial revenue growth and enhanced shareholder equity from this expansion.

Minerco, Inc. (OTC PINK: MINE) has launched Shrucoin Pay, a payment platform enabling cannabis and psychedelic merchants to accept various cryptocurrencies. CEO Julius Jenge emphasized its fraud prevention and quick conversion to fiat currency. The company aims to enter the growing cannabis delivery services market, projected to reach $30 billion by 2024. Shrucoin Pay will help dispensaries navigate regulatory compliance and enhance operational efficiency. This innovative approach positions Minerco to capitalize on the rising demand in the cannabis sector.

Minerco, Inc. (OTC PINK:MINE) announced a groundbreaking partnership with rapper Bobby Shmurda to utilize its SHRUCOIN blockchain for ticket sales to Shmurda's concert on June 19, following his prison release. The concert is expected to sell one million tickets, generating significant revenue for Minerco in the upcoming fiscal quarter. The innovative platform also aims to facilitate payment for legal marijuana and psychedelics, a first for the music industry, by allowing purchases via credit cards. This initiative could transform revenue sharing in the music sector.

Minerco, Inc. (OTC PINK:MINE) has announced its collaboration with a lobbying firm to advance psilocybin decriminalization efforts in Detroit and surrounding areas. This move follows similar decriminalization successes in several U.S. cities, reflecting growing public support for psilocybin's medicinal benefits, which address conditions such as depression and addiction. CEO Julius Jenge emphasized optimism for national reform, drawing parallels to cannabis legalization successes. Minerco also specializes in psilocybin mushroom products and blockchain integrations, aiming to leverage emerging market opportunities.

Minerco, Inc. (OTC: MINE) has announced plans to open a facility dedicated to microdosing and the distribution of CBD and Delta 8 products in Ann Arbor, Michigan. This strategic move positions the Company as a key player in the emerging Magic Mushroom industry, especially following the city's recent decriminalization of psychedelics. CEO Julius Jenge highlighted the potential therapeutic benefits of these products, indicating plans for a nationwide rollout. This venture follows a recent acquisition of a white label CBD company, further solidifying Minerco's market presence.

Minerco Inc., known as The Magic Mushroom Company (OTC PINK:MINE), has secured a lease for its first U.S. physical location in Ann Arbor, Michigan, a city supportive of psilocybin decriminalization. This strategic move aligns with the company's goals established at the Sankofa Summit earlier this year. Minerco aims to produce medicinal mushroom strains and explore psilocybin possibilities in a favorable market. CEO Julius Jenge emphasized the significance of this prime location for future operations and expanding their mission of raising awareness around psilocybin and cannabis.