Minerco Inc (MINE)

[ppcap]

This Friday $MINE receives the first ~$240,000 of 3 payments totaling $682,850 + 5% interest

FOR VALUE RECEIVED, the undersigned, MSF International, Inc. (herein called the “ Company ”), a [Canadian] corporation, promises to pay to the order of Minerco Resources, Inc., or its registered assigns (the “ Holder” or “Holders” ), the principal sum of Six Hundred Eighty Two Thousand Eight Hundred Fifty Dollars (US$682,850), as such amount is reduced pursuant to the terms hereof or otherwise (the “ Principal ”), on April 30, 2016 (the “ Maturity Date ”), together with interest (computed on the basis of a 365-day year) on the outstanding principal amount at the rate of five percent (5%) per annum (the “ Interest Rate ”) from the date hereof, payable commencing on July 31, 2015, and, thereafter, every quarter, until the one (1) year anniversary of the Issuance Date or the date that the principal hereof shall have become due and payable.