Minerco Inc (MINE)

[StockScout1]

Sure, no problem. Simple Accounting.
Hope this helps and also to help understand why a r/s is detrimental at this time.
Learn the differences..'REGISTERED HOLDER'
The direct registration route through which a shareholder can become a registered holder is one of three ways in which a security can be held. The other two ways of holding a security are in street name or through physical certificates. An investor's preference for using one of these three ways of holding securities would be based on factors such as convenience when trading, cost, risk, preferred method of receiving dividends and communications, etc.
http://www.investopedia.com/terms/r/registered-holder.asp
1. Get $4-$5 million in Company Equity(Net Asset Value) or Assets minus Liabilities.Currently $2,727,038-$4,946,037=($2,218,999)
Basically increase Assets by $2M and reduce debt by $4M, increasing Equity to $5M
http://www.wikihow.com/Calculate-Owner%E2%80%99s-Equity
2. Capital Assets Equity-Means sell a bunch of shares and put cash in Assets column of above.
3. MCAP. Market capitalization represents the aggregate value of a company or stock.
http://www.investorwords.com/2969/market_capitalization.html


As shown in the table above, we meet 7-8 out of the 10 requirements. Of the remaining 2-3 requirements for eligibility, the Shareholders' Equity requirement is the most demanding for our company. The simplest and most obvious ways to achieve the minimum stockholder's equity requirement are 1) Exchange existing long term debt to equity positions on our balance sheet; and 2) Produce and/or acquire positive assets. Please keep in mind, this does not happen overnight. It is a process.

A substantial equity capital raise (held as cash on balance sheet) could provide us with the required Shareholders' Equity. Additionally, we believe more value will be delivered to our shareholders by identifying, evaluating and acquiring cash flowing assets. These assets will fit into our scope and/or be strategic in nature. Over the coming months, we plan to aggressively negotiate with our lending partners in order for them to become long-term equity partners and evaluate (then acquire) strategic and / or vertical assets that fit within our reach and scope.