Minerco Inc (fka MINE)

[davecase]

BIG RED IS GETTING OUT!!!

On April 21, 2015, the Company through Level 5, Big Red, Inc. ("Seller") and Power Brands entered a limited partnership interest purchase agreement to purchase a partial interest from Seller totaling five percent (5%) interest of the equity of VitaminFIZZ, LP ("the Partnership") for a cash payment of $130,000 and the assumption by Level 5 of Seller's inventory of VitaminFIZZ branded aluminum can products.

5% was valued at $130,000 less $30,000 in inventory = $100,000
20x = $2,000,000 divided by As of Sept. 11, 2015 Shares Outstanding 3,484,440,155 = $.00057

You have to wonder if Vitamin Fizz is doing so well why would Big Red sell their interest.