HOUSTON, Sept. 21, 2012 /PRNewswire/ -- Minerco
Resources, Inc. (OTC.BB: MINE), a progressive developer, producer
and provider of clean, renewable energy solutions in Latin America, announced today that Mr.
John Powers has been named
President, CEO and Principal Executive Officer of the company.
Mr. Powers has worked more than fifteen years in the alternative
energy and high tech, retail supply industries. Since 2008, Mr.
Powers has served as the CEO of Storm Alternative and Renewable
Energy Corp. (SAREC). SAREC develops alternative energy solutions
specializing in waste to energy technology and facilities.
Mr. Powers was instrumental in energy management and recycling
operations at Digital Equipment / Hewlett Packard. He managed
multiple multi-faceted facilities, including inventory and
operations with an annual budget of US$20
million, while with Digital Equipment. Mr. Powers received a
Bachelors of Science Degree in Business Administration from
Southern New Hampshire University in
1992.
Mr. Powers will use his unique operations and management
experience to expand and implement the company's progressive
business model. Mr. Powers said "I am extremely honored and excited
to join Minerco to help the company realize its progressive and
diverse business vision. Through existing business models and a few
new ideas based on my expertise, I am determined to successfully
deliver value to Minerco's shareholders."
"The company is very pleased to announce Mr. Powers as its new
President and CEO. He brings a wealth of experience and fresh ideas
to the company. The success of Minerco largely relies on the
strength, experience, creative ideas and enthusiasm of our people.
Mr. Powers fits the company mold perfectly. His energy and
management experience will have an immediate impact on our
company," said V. Scott Vanis,
Chairman of Minerco Resources.
V. Scott Vanis resigned as
President and CEO of Minerco effective September 21, 2012 but will remain with the
company as the Chairman of the Board of Directors to ensure
continuity for the company and its shareholders. On September 21, 2012, Sam
J. Messina also resigned from all positions (CFO, Director,
Secretary and Treasurer) with the company.
Please
contact:
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Minerco
Resources, Inc.
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info@minercoresources.com
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603-732-6948
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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 Resources, Inc.