MineralRite Corporation (ID) (RITE)

The lab results will be posted in the next quarterly? Why not a PR? Or on their website?

$RITE SEC No Comment,QP Lab Results for mineral contents on auger drilled Tailings at Skull Valley AZ on Docket next.Official SEC Filings always beat message board noise every time.$RITE Place $RITE Time. 💯💯💪💪🤑🤑

The CON behind RITE and ABSTRACTS CONCEPT.
In the micro-cap and penny stock world, agreements like the one between MineralRite and Abstract Concepts often function as psychological traps to trick retail investors into losing their money.
Even if the paperwork is filed with the SEC, the entire setup mimics classic "legal" stock traps. The specific mechanisms that make this partnership and the stock highly suspect include:

1. The Asset Valuation Was Artificially Inflated by $186 MillionOn May 27, 2026, the SEC forced MineralRite to amend its periodic reports. The SEC's review caught massive accounting errors, forcing the company to slash its asset valuation from $432 million down to $246 million—a staggering $186 million erasure of alleged value. When a company over-inflates its assets by nearly $200 million, it is an intentional attempt to make a worthless shell company look like a goldmine on paper.

2. The Partnership Involves Inside Dealing"Abstract Concepts 1618 LLC" is not a massive, independent Wall Street investment firm. It is an advisory entity closely linked to the company's own management.
Abstract Concepts already managed "Commodity Capital Advisors," which holds MineralRite stock.CEO James Burgauer controls a massive chunk of the voting power.This "partnership" is essentially the company's insiders moving shares around in private circles to create the illusion of major outside institutional interest.

3. "No Cash" ReorganizationsIn press releases, this partnership is framed as a massive deal. However, the SEC filings reveal the truth: it was a private transfer between existing shareholders. MineralRite did not receive a single dollar of new cash or funding from this transaction. A mining company cannot dig minerals out of the ground with an exchange of paper; it needs cash.

4. Zero Revenue and No Proven Minerals of their own.
MineralRite May 2026 SEC Filings, management is legally required to admit the truth to avoid going to jail for outright fraud:They have zero revenue-generating operations.They have no proven mineral resources or reserves under SEC guidelines.Their assets are entirely exploratory and "may never become economically viable".

5. A History of Changing IdentitiesWhen a real business fails, it closes. When an OTC stock shell wants to keep separating investors from their money, it changes its name. Over its lifetime, this exact same company has hopped between completely unrelated industries to chase whatever trend was popular:It started in e-learning.It shifted to maritime shipping.It shifted to the oil business.It is now under the name MineralRite pretending to be a mining company.

Summary….
The partnership is a "scam" in the functional sense: it uses complex legal mechanisms, press releases, and "standstill agreements" to make a company with zero revenue, zero proven gold/minerals, and an SEC-mandated $186 million asset write-down look like a legitimate, booming business.

$RITE, SC 13D, Abstract Concepts, Preferred C, NMC

https://www.otcmarkets.com/filing/html?id=19527734&guid=d3H-kpikzT3Gdth

https://www.otcmarkets.com/filing/html?id=19527684&guid=d3H-kpikzT3Gdth

Here is why this is a scam:
Rite has NO mining equipment
Rite has NO mining experience
Rite has NO minable grounds.

🚨🚨$RITE yes $250M transaction between NMC ,Inc.and Abstract Concepts 1618,LLC (Lloyd B Hendricks 111) is now complete. Official SEC filings beat message board noise Everytime.$RITE Place $RITE Time.💯💯💪💪🤑🤑

$RITE, SC 13D, Abstract Concepts 💯💯💥💥

https://www.otcmarkets.com/filing/html?id=19527574&guid=d3H-kpikzT3Gdth

HAMMERTIME !!!!!!!!!!!!!!!!!!!!!

WRONG !! RITE LOOKS HORRIBLE. TYPICAL SCAM
According to the SEC ……

No Revenue and Total Asset Concentration.
MineralRite is classified as an early-stage exploration company.
The Issue: The company generates zero commercial revenue. Virtually 99% of its entire balance sheet value relies entirely on a single asset (the Peeples lease).which they don’t have.
The Red Flag:
If the company fails to successfully drill, refine, and commercialize that single asset—which requires millions of dollars in capital they do not have—the stock is highly likely to become fundamentally worthless.

WORTHLESS……. Just like the PROVEN WORTHLESS DIRT PILE.

Facts beat message board pumping nonsense.

You guys are just going to bag-hold this forever?  
@diamondhands45 is still pumping “big news” by the way. Lol

$RITE Looks good no dilution and $,21K going to Mineralrite. CEO steps up to the plate. Official SEC filings beat message board noise Everytime. $RITE Place $RITE Time.💯💯💪💪🤑🤑

$RITE, Ceo Buys 175 Preferred C, Exercise 175 Preferred C Options

https://www.otcmarkets.com/filing/html?id=19523940&guid=UtW-kHId9ygGdth

Official SEC filing, Follow the tea leaves LMAO !!
4. Constant Dilution Risks :
Because MineralRite has no revenue, it funds its operational costs and executive salaries by issuing and selling new shares of common stock through private placements and Regulation A/S capital raises.
The Red Flag:
Every time management issues new shares to raise survival capital, the percentage of the company owned by existing retail shareholders shrinks. This constant dilution acts as a heavy anchor that suppresses the stock price.

5. Classic "Penny Stock" Corporate Overhauls. Historically, the company has repeatedly changed its identity, trading under multiple different ticker symbols over the years including MNOC, PSUY, RYQG, and now RITE. It also completely reorganized and re-domiciled its legal entity from Nevada into Texas.
The Red Flag:
On message boards like iHub, traders interpret frequent ticker changes and corporate shape-shifting as a strategy to outrun historical losses, distance the company from past bad press, and re-hype the stock to an entirely new, unsuspecting wave of retail investors.

In other words……..
TYPICAL SCAM !!

$RITE Anytime now lots of Catalysts on the Docket to be announced.Follow the Tea Leaves Official SEC Filings beat message board noise every time.$RITE Place $RITE Time 💯💯💪💪🤑🤑

Gitreal, he’s not even worth responding to.
Just another clueless individual who Probably doesn’t even know what DD stands for.

Interesting how Rite is imploding itself.
Isn’t it funny we haven’t heard anything else about Blackstone ?
Like I said, Mike Sheppard spread the same lie to NMCX investors years ago.

We have a market cap around 22 million and your telling me we have 10x that in assets?

No, the company is telling you that. It's an obvious lie. A lease from the State for a pile of worthless gravel is NOT worth $246 million. Are you kidding?

This scam is exposed now. the pump and dump is now on the tail end of the dumping side of the slide.
Typical scam playbook and funny how the Skull Valley land lease scam story is not on it's third iteration of the ploy.... too bad Peeples picked such a dirtbag shell to try and exploit investors that don't do DD after the NMCX Skull Valley lease failed there too and the Peeples LLC in the 90's with the very same Skull Valley land lease scam too easy to spot if one just looks

1. We have a market cap around 22 million and your telling me we have 10x that in assets? And then you call it a scam?

2. That is a generic statement included in most SEC filings. And once again, 246 million in assets and 5 million in debt sounds like a winner.

THE SEC THINKS RITE IS A JOKE !!
1- Active SEC Scrutiny and Huge Valuation cuts In May 2026,
MineralRite filed major amendments to its financial statements following direct discussions and a formal review by the U.S. Securities and Exchange Commission (SEC) Staff.
The Issue: The company originally claimed its acquisition of Peeples Inc. and California Precious Metals was worth roughly $432 million.
The Red Flag: Following SEC feedback, MineralRite was forced to dramatically revise its accounting method and slash the book value of those assets down to $246 million. This massive $186 million reduction in reported value severely damaged investor trust regarding how management evaluates its own holdings.

2. High Debts vs. Near-Zero Cash ("Going Concern")
According to recent SEC financial filings, MineralRite suffers from extreme financial instability:
The Deficit: The company has historically carried over $5 million in current liabilities against less than $40,000 in available cash.
The Red Flag: Auditors routinely flag companies in this state with a "Going Concern" warning. This means the business does not make enough money to survive on its own and faces a constant risk of going completely bankrupt

Sure seems all those pesky red flags that were mentioned so long ago are being realized little by little.

How many bagholders are now stuck cause of @Diamondhands45 ?

You should try reading what you post LOL
what you posted reads like the obituary of a SCAM.

It’s all there and some just refuse to read it.

It's now June. Schappert's samples were collected in March......plenty of time to be assayed.

Hope Schappert got paid in cash. In advance.

$RITE Skull Valley tailings project remain ongoing 💯💯💥💥

MineralRite further notes that its previously announced technical evaluation activities relating to the Skull Valley tailings project remain ongoing. Allan L. Schappert, CPG #11758, SME-RM, of ALS Geo Resources LLC, continues to conduct technical evaluation work relating to the project as part of the Company's potential future consideration of technical disclosure under Regulation S-K Subpart 1300. Management currently awaits completion of the initial Phase 1 technical memorandum and cannot predict the timing, conclusions, or ultimate outcome of that process, particularly given that certain analytical and laboratory work remains subject to third-party processing schedules, laboratory capacity, and other factors outside the Company's control.

https://www.otcmarkets.com/stock/RITE/news/MineralRite-Corporation-Announces-Filing-of-Amended-Periodic-Reports-with-the-SEC?id=522982

Official SEC Filings beat message board noise every time.

SEC comment letters are fun to look at too. They'll be released as RITE continues to play games with fraudulent valuations.

$RITE ongoing Catalysts should be hitting soon,QP lab results for auger drilling of samples at Skull Valley Project.NO Comment From SEC.296m shares still in legal process of being returned to Treasury. Etc Etc Official SEC Filings beat message board noise every time. $RITE Place $RITE Time 💯💯💪💪🤑🤑

How is this scam still trading?

Rite has no mining equipment
Rite has no mining experience
Rite has no minable land

Rite scam waaaay past the right time..... it's actually harder to fool folks a third time using the same scam story of Skull Valley that NMCX and Peeples did before this clown show.

Schappert's report about the desert dirt pile will show so much gold, silver, platinum, palladium, osmium, rhodium, unobtanium, hopeium, REE, tungsten, antimony, lithium, cobalt, and nickel......that it'll knock your socks off! Diamonds and rubies too! Maybe some petroleum and natural gas lurking in those gravels?

I kid of course, I doubt any report will ever be released. They'll paraphrase it in an "imaginative" way.

This Skull Valley desert scam is one of the dumbest I've seen.

No Blackstone,No big news,No dirt value
Told ya Blackstone was all just BS to pump up the PPS. Just like they did with NMCX.
No BIG NEWS…. Because there is none.
And no Value on the dirt piles. Because there is none. It was already proven WORTHLESS in a court of law.

Rite is just a cheap imitation of what NMCX was. A SCAM !!!!

Irrelevant. Pointless. Nonsense as relates to RITE, that is nothing but the third incarnation of a 30 year desert dirt scam.

there is more CRIME in wall street than in main street. wasting courts time. some of these CRIMEs says the SEC is not really a crime and is preventable.

I reckon. But, the fraud being so obvious, it is too bad that the SEC hasn't gotten smart and moved to suspend, formally charge the crooks and refer to the DOJ.

Agreed, and with back and forth comment letters, the SEC will eventually start releasing them publicly to shame RITE into compliance.

That's what happened with MXSG.

I just bothered to skin the amended filing and see they now list their "mineral asset" and have reduced the number to some $250 million from $432m. Still fraudulent to put that BS in their 10-Q. The SEC would be wise to end this subterfuge and suspend the scam for fraud.

It's smoke and mirrors. The only way any of those chaps will profit is if and when they unload those shares on the market... Which is on a one-way path to oblivion...slowly and surely.

RITE has no assets worth two bits.

Swing trading this one would have been very profitable this year. Did a tad myself but still hold nice position that is in good pps average.

You’re the master of message board noise.
You really should try reading something once in a while.
You would see what a scam this is.

The dirt piles are worthless. Always have been always will be.

Why so much lying from you? Never called that stock a scam. Link to a post where I said that, or STFU.

$RITE 🚨$250M transaction between NMC and Abstract Concepts,will limit dilution now that Abstract Concepts will hold all the cards/ Meaning Stock. Abstract paying approx 10X the MC of $RITE today. Have to follow the Smart Money.. Btw 296M Shares still in legal process of be returned to Treasury.Official SEC Filings always beat message board noise Everytime. $RITE Place $RITE Time.💯💯💪💪🤑🤑

Rite talked about share dilution in their release from : https://mineral-rite.com/wp-content/uploads/2025/02/As_Filed_n4863_x1-10-12g.pdf Reference page 28-29

Maybe to a real mining company. RITE? Not so much.....it's a securities scam, using a pile of desert dirt to swindle investors.

Trum, i saw that. Among other damaging news.
If anyone besides us reads that latest memo they will see what a scam this is.

Did you see Rite only has 143 investors ? LMAO !!!!!!
I’ll bet they lose half of those investors if they read that pathetic report they just released.

Rite depends on gullible investors to not read these things.

Any mining stock could benefit from this.

I don't see any connection to RITE. Can you explain why you posted that?

Factual quote from the scammers own press release:
Because the Company has expressly stated that it intends to issue securities to meet its current and future financial and acquisition needs, and those
securities could be shares of common stock or could be convertible securities that convert into shares of common stock, shareholders and investors could
suffer from dilution.

$RITE so we're all on the same page.Please post current links/url's to back up your claims concerning $RITE.Alot of words posted with no substance does not infer anything. Official SEC Filings beat message board noise Everytime.$RITE Place $RITE Time💯💯💪💪🤑🤑

Amazing how people make fortunes on a losing stock.
Especially when they brag how they were loading up at .008 & .009. And now it’s worth half that. LOL !
Check your math.

BTW- what ever happened to Blackstone ? LMAO !!!
Told ya it was BS !! they did the same thing to NMCX investors. These scams are all the same. Put out lies , the gullible investors eat it up and LOSE !!

Except you , you seem to make money off losing stocks. Lol

Rite SCAM...wrong time
This pump and dump is winding down... most investors that take a sniff of this turd can see it is on the down swing.
Rite has NO mining equipment
Rite has NO mining experience
Rite has NO minable lands currently ....


This joke scam is getting more and more desperate...... we can all see it.

I hope so. This one will be even better

I bought SHMP at .03 and it ran to .89

I bought VNUE in trips and it ran to .04+

I’d say thanks for the reminder, but I’m reminded every day by the riches I’m surrounded by.

And RITE is so much better than those 2

I’ve freaking nailed them haven’t I? This one is much better

Hey Pick, you think this scam will be as successful as SHMP was for the insiders that dumped away on their loyal retail equity owners ?

It was definitely you, and it is relevant here for others to know just how wrong you were and are here.

As much as you’d like your terrible DTREF call to go away, we all saw it. I invested there too, and this play, RITE, will be even better and you’ll be even more wrong here


That was some great insight and investor savvy that was called right up to the moment they went bust and created a whole generation of BAGHOLDERS

Not saying I told you so, but….

NaturalMineralRiteShareSellingSCAMS

Noted and Pickens CERTIFIED Correct

Sure seems that all those OBVIOUS red flags are starting to show their colors. Where is @Diamondhands45 ? I want to know if its a good time to load?