Minerco Inc (MINE)

[peafunke]

It's called kicking the can down the road. Haven't you been touring the company was moving to debt free? Now they just got more debt.

This will not prevent additional dilution near term since any expansion or production runs will be paid by shares. They revenues are way down.

In addition , long term, these are convertible with interest to common shares at the maturity date. Less than a year away. If u consider that long term.

And Vanis' shares are unaffected by any of this.


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