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Tuesday, September 15, 2015 1:07:21 PM
The primary purpose of the Common Stock Split would be to increase the per share price of Minerco’s common stock which we expect should help Minerco to:
a) meet certain initial listing requirements of the NASDAQ Capital Market or NYSE MKT. In order to comply with the initial listing requirements of either the NASDAQ Capital Market or NYSE MKT, Minerco’s common stock must trade above either $2 or $3 per share depending upon the listing criteria. The current market price of the stock is below the initial listing per share price required by the NASDAQ Capital Market or NYSE MKT; and
The Annual Report on Form 10-K for the year ended July 31, 2014, and any reports on Form 10-Q and Form 8-K filed by Minerco during the past year with the Securities and Exchange Commission (the “SEC”) may be viewed on the SEC’s website at www.sec.gov in the Edgar Archives. Minerco is presently current in the filing of all reports required to be filed by it. See the caption “Where You Can Find More Information” below.
http://www.sec.gov/Archives/edgar/data/1451514/000145151415000036/minedef14c10sep2015.htm
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