Minerco Inc (MINE)

[trading.jeff]

$MINE In his letter to shareholders, Vanis mentioned:

The proposal to change our capital structure by effectuating a 100:1 reverse split across the board (common and all preferred series) has been put out to our shareholders. This proposed change in structure is needed to:

1.
Maintain capital requirements for brands, key accounts and expansion;
2.
Provide flexibility for new opportunities;
3.
Start the process of moving to a listed exchange; and
4. Create a manageable share structure for our shareholders and partners.