Minerco Inc (MINE)

[wallas2g1]

The key word in your post here is imo. Consider that in meeting with the company, the lenders potentially have more information than you and I do. That information, whatever it is, is the basis for their choice to take 2M common shares.

Something tells me you're not on here to be educated on this issue.

As for the creditor "thinking that the 2 million will be worth more long term" I'd highly doubt that, most lenders like sure things or darn close to it and this (so far) isn't one of them imo.