Minerco Inc (fka MINE)

[samsamsamiam]

Interesting -
CONVERTIBLE PROMISSORY NOTE
U.S. $56,000.00 Dated: February 1, 2013

That Eric Cousens note was due on August 1st - the same day people were blaming Asher for shorting shares.
Perhaps it was Eric dumping his shares all along. Just like some accused Asher of doing - right after a radio pump from Vanis and a press release.

There was some crazy thing on the note that was being questioned - it appeared the note converted the same date it was issued. Apparently not.



http://www.sec.gov/Archives/edgar/data/1451514/000135448813003538/mine_10q.htm
Outstanding Notes

As of April 30, 2013 our obligations under outstanding notes totaled an aggregate principal amount of $785,521. Of such amount $670,805 is due on demand, $19,250 is due August 5, 2013, $20,000 is due September 15, 2013, $56,000 is due August 1, 2013, $42,500 is due November 8, 2013 and $15,500 is due December 11, 2013. We currently do not have sufficient funds to pay any of the past due or future notes.