DALLAS, May 27, 2010 (GLOBE NEWSWIRE) -- MicroStockProfit.com announces an investment report featuring Minerco Resources Inc. (OTCBB:MINED). The report includes financial, comparative and investment analyses, and industry information you need to know to make an educated investment decision.
The full report is available at: www.microstockprofit.com/lp/MINED
Minerco Resources Inc. (MINED) is an exploration-stage company. The Company is engaged in the acquisition of interests and leases in oil and natural gas properties. The Company is focused on building its business by acquiring royalties or other non-operated interests in productive or soon-to-be productive oil and natural gas projects, and acquiring operated interests (in which it participates in the development and operation) in development stage oil and gas properties to generate additional revenues. The Company owns a royalty interest through the PMD-Duke Pipeline operated by Plateau Mineral Development, LLC. During the fiscal year ended July 31, 2009, the Company had not generated revenue from its operations.
Message Board Search for MINED: http://www.boardcentral.com/boards/MINED
In the report, the analyst notes:
"MINED is a development stage company that has only recently begun operations. It has not generated any revenues from business activities, and does not expect to generate revenues for the foreseeable future. Since its inception, it has incurred operational losses, and has been issued a going concern opinion by its auditors. To finance operations, MINED has completed several rounds of financing and raised $90,514 through private placements of common stock.
"MINED, a progressive developer, producer and provider of clean, renewable energy solutions in Latin America, recently announced that V. Scott Vanis has been named president and CEO of the Company. Vanis was appointed as principal executive officer for the Company in April of 2010."
To read the entire report visit: www.microstockprofit.com/lp/MINED
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