$MINE Minerco Resources, Inc. Announces Addition
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$MINE Minerco Resources, Inc. Announces Additional Line of Business
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."


