HOUSTON, Sept. 25, 2012 /PRNewswire/ -- Minerco
Resources, Inc. (OTC.BB: MINE), a progressive developer, producer
and provider of worldwide commodities solutions, announced today
that the company is adding a retail division to the company.
The new management team of the company, with the approval of the
board of directors, has voted to expand the company's business
model to include a progressive retail division. Based on the
company's management experience and its existing presence in
Central America, the company's
first retail venture will be in the beverage industry, specializing
in coffee and energy/vitamin drinks.
After crude oil, coffee is the most sought out commodity in the
world and is worth over $100 billion,
annually. According to industry experts, worldwide consumption is
more than 500 billion cups of coffee every year, over half of
Americans (over the age of 18) drink coffee daily and American
coffee drinkers average three and one half cups of coffee daily.
Specialty beverages, such as energy and vitamin based beverages,
have posted significant growth despite the weak economy and low
consumer confidence.
"The beverage industry is a proven, yet expanding, industry in
the United States and throughout
the world. As people become busier and more pressed for time,
people are seeking more efficient yet healthy beverages to
supplement their busy lives. We plan to deliver a progressive, yet
comprehensive, solution for these health conscience, time-pressed
consumers. We are working on creating and acquiring specially
formulated powder mixes and liquid beverages that will bring
significant health benefits to the consumer," said John Powers, President and CEO of Minerco
Resources, Inc.
To realize this new, additional business line, Minerco is in
negotiations to secure specialty beverage formulation rights to
compete in this billion dollar industry.
John Powers, the company's CEO
added "Minerco will continue with its progressive energy business.
We feel that diversifying into this beverage venture will allow the
company, and our shareholders, to realize near term revenue with
significantly less capital investment. The company's energy
business line will benefit from this new beverage division."
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.