Minerco Inc (MINE)

[Doc Holiday]

They found a way to sell off the last of the old inventory. Someones' older post stated Mattfoley Paid for the VF Likely at cost. And selling off the old inv to a existing mkt is good because people recognize the cans, not everyone who drinks it invest in it. so they get some cheap publicity. The new cans and product will be presented as the new thing to drink and people are easily willing to try something new, Poor timing in my opinion should have done this by june 1 but they had to straighten out the money problems. The share structure is still reasonable at this point even though the A/S increase really was predictable to me. They had to either buy back shares to cover the preferred conversions or do the increase.