Minerco Inc (fka MINE)

[Sooah]

PeterGates, MINE's alternative energy business is considered discontinued operations for now so there is no need to be concerned about that aspect of the company. As you can see, the energy arm of the company is extremely capital intensive. Given where MINE traded in 2012, it makes absolutely no sense to raise capital through any type of 144 sale as doing so is no different than committing corporate suicide. For this reason, it's best to temporarily not work on that side of the business and focus on a new venture that will help to revive the company. We believe Level 5/Powerbrands to be part of that strategy, and also anticipate MINE to acquire additional business units to support the future.

Any time you have question, please feel free to ask.