This ticker has pretty much been dead since the beginning of time, but it looks like something might be happening now to get the company up and running.

Back on 1/19, there was 429 million in volume traded, which was the highest in the company's history. It only went up to .0005 from .0001, so nothing too outrageous.

Then on 1/28, someone posted on twitter how they emailed the CEO, Guy Peckham, and he responded by saying this:

“...thank you for your Interest in MineralRite. Let me respond as legally as I can. We are in the process of updating the company’s financial reports with the OTC markets. Our forward-looking operations will include rare earth deposits in Nevada and Utah. We intend a press release and filing soon. Updates will be posted to OTC markets and or other sources."

So it looks like the company has plans to start operations up in the mining industry and start making filings with OTC Markets.

This recent news must have just caught on today because in addition to doing 1.14 Billion in volume, the share price tapped .0016 briefly before closing at .0012.

$RITE has a 5 Billion A/S and around a 3.6 Billion O/S so it's right in the sweet spot for a good balance between liquidity and low float. Similar share structures like $TSNP have run to nearly 50 cents.

Anyways, I'm holding out for at least a penny, so if anyone else has more info on this one, please post it here!