MineralRite Corporation (PK) (RITE) Share Price

Yes. I find it interesting that the PPS goes up 1or2 ticks at every news event. Then it crashes back down the following day. I am not sure if this is MM manipulation or if shorters are cashing in their 50% profit in a systematic and coordinated way. I just hope that I as a long term bag holder will reap once the company sort out all of it's legal paperwork and start to turn a profit. The new president seems very forthright and honest, but in the OTC you can never know for sure.This stock is remeniscent of the late BMIX.

$RITE-Back to .0005-.0006 today/tmrw

This volume uptick is massive and if it continues into next week - we will see breakout IMO

You couldn't of said it better.

Let's make a million today!

This was fantastic with $RITE-

I’m just going to hold My shares here and let them matriculate to higher levels after going through that shareholder update.

IMO- We should see a nice healthy climb from current levels as more eyes discover this press and direction.
Break of .001 + pps would be something here and it’s definitely coming IMO.

Trust me. It won’t be under the radar when the time comes.

Need more attention way under the radar

https://mineral-rite.com/wp-content/uploads/2024/06/2024-06-25-Letter-to-RITE-Shareholders-UPDATE-8_V1.6.pdf

These guys are good. I’d be shocked if this doesn’t make a serious run. May take time as they are doing things the right way but they’ve definitely got their eyes on the ball.

MineralRite Corporation will post a Shareholder Memo at 5 pm EST

That’s what they said in the news release. No idea how many “millions”

https://mineral-rite.com/wp-content/uploads/2024/06/2024-06-18-Letter-to-RITE-Shareholders-UPDATE-7_v2.3.pdf

Nice tweet! Volume popping in anticipation!

At 5 pm EST today, $RITE will announce the reclamation of MILLIONS OF COMMON SHARES! A Shareholder Memo will go “live at 5” in the News, Press Release & Financial Filings section of https://t.co/BgqarPhCcE. And please join our email list so you can stay informed.— Mineralrite Corporation (@Mineralrite) June 18, 2024

I'm in HIRU, PLPL, PDPG, PCLI, BBBT, IMTL, NICH, HLLK, MWWC, and GMPR.

CYIO & RITE are my two large holds right now

Which others you like?

Exactly as I always said with SPZI they are making the effort and paying to stay current I’ll keep loading.

Absolutely agree, after success with spzi, my strategy is just sitting on trips plays with good share structures that will hopefully get reverse merged, even if it takes a couple years

Maybe from shares that could still be overhanging the market from the note conversions that occurred in years past.

Someone was smacking those 4s the other day for sure

I’ve seen this story over and over. It’s a scam, it’s this or that. However I kept buying and next thing you know. News and explosion. SPZI is a fine example. Prior to its big run, same story everyone said. I’ll continue to load these zones all day everyday.

Apparently your inability to spell or write a grammatically correct sentence also spills over into an inability to read and assimilate information contained on OTCMarkets' Disclosure, Financial and Footnote statements...since the information contained thereon clearly shows that the new president of RITE, BURGAUER, has bought $103,800 worth of Series C Preferred stock, which converts into 286,000,000 shares of RITE common stock, since 09/16/2022...which works out to $0.00036 per share. I can hardly wait to hear your explanation as to how this makes him "a real pos...nothin but a swindler punk"

james baughauer or watver his stupid name is what a real pos total disgrace low trips he aint nothin but a swindler punk

My bad still there :(

No more unsolicited quote. :)

james b and his # updates. haha. what a scam

🚨 $RITE

💰0.0004
Pink Limited, AS: 5.0B, OS: 4.4B, US: 4.3B

Update Delay: 72 hours

Business Description Updated:
🔴 A development stage company in the process of completing several mineral acquisitions.
🟢 MineralRite Corporatio
https://t.co/2HbA2UJOOr— OTC Updates (@OtcUpdates) April 10, 2024

Nobody cares sadly

Back to Pink Current again. Only thing left on otcmarkets now is to get rid of the unsolicited quotes only. I imagine that will happen very soon.

$RITE

RITE must have gotten access to their OTC Markets account again.
On Friday, a Change of Control document was posted on OTC markets.
Also on Friday, the Year ending December 31, 2023 Annuals was posted on OTC markets.
Then, on Saturday, the 8 prior quarters were posted on OTC markets.
I am guessing here, but I suspect that the Yield sign will likely come down soon since their financials are now current.
Seems that what we were told this was gonna happen and it actually happened.
New post on the Shareholder Q & A side of their investor relations page, too. It talks about the convertibles.

RITE cleaning up its SS with transparency. Still lots of outstanding convertibles to evaluate. Hopefully they all consolidate/restructure/failure to appear. Alot depends on noteholders here. Things shaping up nicely from the inside.

Annual Report
https://www.otcmarkets.com/stock/RITE/disclosure

Change of Control
$RITE
New Filing:https://t.co/oxBfhWvm3y— Stock Scan (@stockscan01) April 5, 2024

Thanks for the update!

They stated in their most recent shareholder update that they can not post updated financials until OTCMarkets restores their password. The password was automatically suspended at the time they began their Change in Control review.

They already have the past 3 years in auditable financials ready to post once they regain access.

Shouldn't be too much longer is what investor relations told me on Wednesday.

Yield sign. I'm sure the weather is going to get worse. They have tried to do so much just to do nothing..

Scam confirmed

Drop it like it’s hot…..

No trades today?!

Minor technical corrections to some recent comments.

AS are 20 billion. Outstanding stated as 4,357,321,532. Convertible notes not likely to eat up 15.6 billion in shares, but I certainly have not tried to do the math . Shares that have not been issued and treasury shares are not technically the same thing.

Burgauer does seem to have been acquiring. No recent conversions seemed to have occurred.

Everything else said seems pretty accurate. Burgauer's credentials and actions seem to correlate.

I missed that. So The AS is unknown atm after debt consolidation and RITE has 15.6 billion shares in notes dating back to 2013 to clean up.
A positive judgement for cancellation/allocation of shares would be amazing.
Cant acquire without knowing the correct amount of shares in the treasure.
Once court is over, and no more conversions are on horizon or issued..this will be a nice one.
Company hinting at deals are ready once internal cleanup is handled
Positive steps, cant complain.

They actually did not RAISE the Authorized Shares to 20 billion --- it has been at that level since Peckham did the merger into the Texas company --- look at the Q & A dated 3/28/2024.

Seems that they are trying to minimize the dilution that has been in the way of the stock because of all of the outstanding convertible bonds that were issued before new management took over. Seems that will be beneficial in the long run. Accretive acquisitions should be good too.

While it seems they raised the AS to 20b, Burgauer is buying up the convertible notes from the past couple years and no common shares converted in the past year to the OS. Whatever acquisition they are working on will be restricted for a year or 2 while simultaneously producing mineral off-take contracts as well. Trying to get solicited quotes and audited books is huge too. This could get interesting this year.

🚨 $RITE

💰0.0004
Pink Current, AS: 5.0B, OS: 4.4B, US: 4.3B

Update Delay: 72 hours

Email Updated:
🔴 investor_relations@mineral-rite.com
🟢 jburgauer@mineral-rite.com

Officer(s) Updated:
🔴 James O Burgauer, President
🟢 James O
https://t.co/aUNeviTpRO— OTC Updates (@OtcUpdates) March 24, 2024

Buying or converting?

Friday trade show ZERO; $RITE management needs to show something the bring new investors!

lol come on man, been nice and quite!

Scam crumbling fast. Gonna get stuck @.0001

should be very clear new leadership has dropped the ball big time. argue in favor of them all you want but the lousy result is clear.

Finra is very slow there’s no way around it.

another day another failure to deliver anything of substance man this new so called ceo is so super lame

oh yeah will definitely stop complaining once this snail pace management pulls their heads out their butts and makes something happen IF they do. Of course. Got any more captain obvious statements to point out genius

so far these morons would rather invest time in some stuuupid 54 page fake policy nonsense than put actual time in something that matters. such losers F them. LET'S GET THIS SHOW ON THE ROAD BOZOS