Minerco Inc (fka MINE)

[staynafloat]

You will see the shares being returned to treasury very soon ... maybe even today. By the way Pit Scott never said retired ... there is a difference.

Also appears that dilution and R/S are not needed also :)


I would also like to thank you for your patience in regards to the timing of this update. I wanted to be in the position to affirmatively state that, as of yesterday, we have started the process of returning common shares to the company treasury. Additionally, I can now also definitively state that we believe our current share structure will be suitable to see us through to the next step in our growth, expansion and evolution. After more than six months of planning, consultations and meetings with financial / banking partners, the generalities of this coming move are finalized. However, the exact mechanics are still being sorted out. In our customary fashion, the mechanics of the next step will be advantageous to our shareholders, and we will let you know the full story after the details are locked in.


http://www.minercoresources.com/news.php?p=126


$MINE$$

float :)