Minerco Inc (fka MINE)

[OptimusMine]

Someone has posted the financial terms between ASM and Minerco. I believe they state $5K/month for first 12 months and then 5% of net sales after. Might be misremembering, but if this is the case, I like the deal. There is incentive for ASM to expand sales rapidly within the first year. $5K x 12 months = $60K in earnings for ASM from Minerco. Now, IF ASM wants to keep that earnings potential they would have to bring in $1.2 million/yr or $100K/month in sales after year 1. Win Win for both companies...if ASM can't hack it (which I doubt) then we give them a 3 month window and are then terminated.