Minerco Inc (CE) (MINE) Quote

***** Very interesting , wonder if this co schemer is one other than Scott Vanis , can't wait to see the onion peeled back

Jenge allegedly concealed the involvement in Minerco of a co-schemer who had a criminal history and who controlled all aspects of Minerco’s operations

***** Excellent!!! , Great find and thanks for posting that link , as I stated years ago mine was a scam , looks like he's going to pay dearly now !!! Rightly so !!!

If you believe you are a victim in this case, please contact the Fraud Section’s Victim Witness Unit toll-free at (888) 549-3945 or by email at victimassistance.fraud@usdoj.gov. You are also encouraged to visit our webpage for this case at www.justice.gov/criminal/criminal-vns/case/united-states-v-julius-makiri-jenge.

CEO of Publicly Traded Company Arrested in Securities Fraud Scheme
Tuesday, August 27, 2024
Shareright caret
For Immediate Release
Office of Public Affairs
The chief executive officer of Minerco Inc. (stock ticker MINE) was arrested last week on charges of securities fraud related to a scheme to defraud investors in Minerco.

According to court documents, between about October 2019 and June 2021, Julius Jenge, 54, allegedly defrauded investors in the publicly traded securities of Minerco by, among other things, working together with his co-schemer to take control of Minerco in late 2019; causing the issuance of one billion Minerco shares to a nominee shareholder; and causing positive press releases about Minerco to be issued to the public, at least some of which contained materially false and misleading information, in an effort to artificially increase the share price of Minerco. Beginning in or around January 2020, Minerco purported publicly to be in the business of developing, marketing, and distributing psilocybin mushrooms, also known as magic mushrooms or psychedelic mushrooms.

Jenge allegedly concealed the involvement in Minerco of a co-schemer who had a criminal history and who controlled all aspects of Minerco’s operations. Among other things, Jenge allegedly failed to disclose his co-schemer’s involvement with Minerco in public filings, although he was required to do so. In addition, as part of the securities fraud scheme, and during an investor video conference, Jenge allegedly falsely stated that he had earned an MBA in marketing and a BA in accounting.

Minerco’s stock price and trading volume increased during the period of the alleged scheme, as investors purchased Minerco stock during this period.

Jenge was arrested on Aug. 22 at Ronald Reagan Washington National Airport, where he was booked on a flight to Tanzania.

Jenge is charged with one count of securities fraud. If convicted, Jenge faces up to 20 years in prison.

Principal Deputy Assistant Attorney General Nicole M. Argentieri, head of the Justice Department’s Criminal Division, Inspector General Deborah Jeffrey of the U.S. Securities and Exchange Commission Office of Inspector General (SEC-OIG), and Inspector in Charge Eric Shen of the U.S. Postal Inspection Service (USPIS) Criminal Investigations Group made the announcement.

The SEC-OIG and USPIS are investigating the case.

Trial Attorney Kyle Crawford of the Criminal Division’s Fraud Section is prosecuting the case.

If you believe you are a victim in this case, please contact the Fraud Section’s Victim Witness Unit toll-free at (888) 549-3945 or by email at victimassistance.fraud@usdoj.gov. You are also encouraged to visit our webpage for this case at www.justice.gov/criminal/criminal-vns/case/united-states-v-julius-makiri-jenge.

A criminal complaint is merely an allegation. All defendants are presumed innocent until proven guilty beyond a reasonable doubt in a court of law.

Updated August 27, 2024

https://www.justice.gov/opa/pr/ceo-publicly-traded-company-arrested-securities-fraud-scheme

***** MINE Remains on da Expert Market - no one wants this scam ticker

ENOUGH SAID

MINE: effective July 22,2024 FINRA will suspend the CUSIP. FINRA will delete the symbol.

https://otce.finra.org/otce/dailyList?viewType=Deletions

My orginal thoughts
when I listened to the good news was they finally developed a concept that could bring wealth back to the Island like an Amazon stock. then we got the usual Iranian rug treatment by a communist.

Not saying it will happen just this is similar to a previous run to one 2 cents after I considered it dead. Could be wishful thinking?

Rockman
They say if you drop a rock in the ocean for 5 years the carbon dating comes back 1000s of years different.
I hope you are right because all as I have left is a few dinasaur bones that the local dog wont even take to bury in his back yard.

Don’t disagree however this was dead for years and came back to life and ran to 2 cents. I am seeing a similar pattern of volume and then boom. I am just hoping history repeats itself.

I may be WRONG but I can't see how 26 cents in total daily trade(s) would trigger any movement by the SEC on this ticker.

In addition, knowing that MINE has absolutely nothing that provides funds or anything in the pipeline that could change their current status just convinces me I'm RIGHT.

Agreed !

Seems like there is volume more and more. I hope that this comes back to life

Today's volume say's otherwise.

***** MINE Remains on da Expert Market - no one wants this scam ticker

ENOUGH SAID

Instead of darning needles
I think the dog chased a porcupine and got a mouthful of quills and the naked shorts have been pulling them out one at a time every other day for the last year.

Ball
I think they need to move the OTC to Haiti
so the shorts stop sticking Darning needles in our AZZ. I thought this company would help the Citizens there

It's absolutely ridiculous to make any comments about this ticker... good or bad. We've all heard it before. It's over people. Move along!

It's time for this stock to pop.

Patiently waiting myself .

Any chance we may hear something soon?

***** MINE Remains on da Expert Market - no one wants this scam ticker

ENOUGH SAID

Does that mean Gensler will finally have to sit on the hot seat instead of blowing smoke over on the Crypto exchange

Looking to file class action Lawsuits against SEC for stopping ticker without due process. Need a research team

Lmao Sheessh

It goes back way before 21
LOL

***** There is no update period !!! and there wont be one !!! and yes MINE is a dead horse bruh LOL

ENOUGH SAID

LOL bruh you been kicking this dead horse since 2021, what’s the update?

***** MINE Remains on da Expert Market - no one wants this scam ticker

ENOUGH SAID

Ball Scabs

Gensler put on a parachute and jumped in sky driving he has already passed FTX then passed Madoffs strong box and thinks he wont hit bottom until he reaches a cave in China big enough for a 3 point landing

https://www.theurbanist.org/2023/02/26/sunday-video-mels-hole/

Have you ever heard of Mel's hole.

***** MINE Remains on da Expert Market - no one wants this scam ticker

ENOUGH SAID

Lol. Five zeroes. You are talking to yourselves. Nobody here except pumpers and realists.

***** Ignore the people that are pumpers , they were scammed by CEO Jenge and just cannot seem to get over it. 2024 will be another nothing year for MINE



ENOUGH SAID

Ignore the people that are bashers, they lost and just cannot seem to get over it. 2024 in focus !! "MINE" in time.

***** Ya its do for a 5 cent trade from 5 zeros to 4 then back -- cant wait



ENOUGH SAID

Overdue for a pop up....$$$$$$$$$$

Speaking of Kenny Rogers, I guess he never learned how to hold em with 5 wives. LOL

Ball
I like that song too are you a descendant of Kenny Rogers or just a gambler that never made it to the big table in Vegas.

*****MINE is still on the ( EXPERT_MARKET!!!_STOCK_IS_DEAD_FOR ) RETAIL INVESTORS

$Miners were shafted bigly by CEO Jenge

ENOUGH SAID

New money coming in? That's hilarious. It would be like putting an oxygen mask on a corpse.

Oh wow. $10 on deck. Oh boy oh girl.

***** LMAO ! Press ? where is there press on MINE ? as usual no links to back up this nonsense

ENOUGH SAID

Won't matter until filings come out to get it current and free trading.

I just dropped in to see what condition my position is in.

Just kidding, I dumped my shares of this albatross over 3 years ago.

Starting to get some press

New buyer??

Over 30 M today maybe he is buying?

Buybio2 ???