Minerco Inc (MINE)

[StockScout1]

The only FRIENDLY debt holders going into Nov.
MSF International, Inc------- $ 55,658
FTB Enterprises, Inc---------- $ 38,279
UNION CAPITAL, LLC------ $ 154,206
Post Oak, LLC. $2M LOC - $ 1,000,000
IMHO, MSF and FTB, no longer own debt. Union Capital is due 3/15/2015.

How did we get first, Line of Credit? Why?
Putting, 2 and 2 together, debt virtually eliminated? What's next?

Time to do some DD on LOC and the time frame then vs. now.

Best news imho is, most of the toxic debt shares have either been converted to preferred or sold. As far as the company, management and products are concerned, it's never looked brighter to myself.