Minerco Inc (MINE)

[StockScout1]

$MINE THERE WILL BE NO REVERSE SPLIT AND HERE IS WHY..
As of April 15, 2014 Shares Outstanding: ( 2,157,140,128) Total 150
Shares RESERVED: ( 288,897,745) Active 36
--------------------
Shares available to issue: 53,962,127
Free Trading Shares: 2,109,791,704
Cert Outstanding: 2,137,140,128
Book Outstanding: 20,000,000

Let me explain how this works..
2,500,000,000 AS
2,157,140,128 OS
=============
++342,859,872 Shares left to put in OS, if needed..
----288,897,745 Reserved Shares
=============
+++53,962,127 Shares available to Issue

Now, if MINE BUYS back those 288,897,745 in The Reserve we have a total of 342,859,872 Shares not needed or sitting in the Treasury, which could be used to reduce the AS..

No r/s needed, because we have plenty of shares..
Another reason is that there is revenue now coming into the house to pay down any debts due.
Third reason..And probably the most important is the CC between Lenders and Note Holders because MINE FOR THE FIRST TIME, has conventional financing available to them from some source we don't know as yet..But, I bet we do next week..

So, stop this nonsense about a r/s..TOTALLY WITHOUT FACT..