Minerco Inc (fka MINE)

[Sooah]

I thought that will help for co. merger/takeover or to raise fund needed as indicated.

Yes, this is correct. If MINE acquired other companies, it would most likely pay in shares not in cash. What's reserved in A/S can also be used to obtain cash in the future, but most likely will be done at a later time when the pps is trading much higher. For now, I believe the company has enough cash to work on the Level 5/Powerbrands project and will not require toxic financing.

Like GMAN said, we have been dealing with legacy issues now and hopefully we will be on our way up soon.