Minerco Inc (MINE)

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On May 21, 2015, Minerco Resources, Inc. (the "Licensor") terminated for cause the Brand License Agreement (the "Brand Licensing
Agreement") dated February 6, 2015 with New World Beverage, LLC, (the "Licensee") a Colorado Limited Liability Company where the
Licensee acquires the exclusive rights Worldwide (the “Territory”) to use The Herbal Collection ™ (the “Brand”) on and in connection with
the marketing, distribution and sale of the Brand.

The foregoing description of the Termination of the Brand Licensing Agreement is qualified in its entirety by reference to the full text of the
Brand Licensing Agreement, attached as Exhibit 10.2 to the Current Report on Form 8-K filed with the Securities and Exchange Commission
and incorporated herein by reference.

EXHIBIT 10.2
http://www.sec.gov/Archives/edgar/data/1451514/000145151415000017/exhibit102-05262015.htm