Minerco Inc (MINE)

[Future2016]

Nobody is happy with authorized share increase.

Did you miss the PR?

"We have been in contact and negotiating with multiple, possible endorsers for our VitaminFIZZ®, Coffee Boost™, The Herbal Collection™ and Level 5® Brands. Due to our notoriety, liquid public market and existing partnerships / advisors, many possible endorsers are interested in equity in lieu of large cash components. Additionally, and even better than endorsement talks, many potential endorsers are interested in partnering with Level 5, together with Power Brands, to introduce their own beverage brand(s) under the Level 5 Brand umbrella. These potential agreements / partnerships would allow Level 5 to have multiple endorsers for our entire portfolio of Brands, without exclusivity. To responsibly advance these negotiations, we are increasing our authorized shares to position the company to take advantage of and execute these unbelievable opportunities."

http://finance.yahoo.com/news/level-5-beverage-company-launches-134000768.html



I already stated in my other response that there is a convertible note due on august first if it's not paid off by then.