Minerco Inc (fka MINE)

[Bull2Bear99]

The reason for the share increase was to increase the 1st round of distribution

The retailers buying the product have different payment terms- ranging from but not limited to:

1) All cash Monies upfront (paid in full prior to receipt)

2) 15 day-net (Meaning payment in full 15 days upon receipt)

3) 30 day-net (Meaning payment in full 30 days upon receipt)

Ticker Symbol (MINE)
Shares authorized- 2,500,000,000
Shares outstanding- 1,240,428,040

To my understanding a share buyback will take place once things are all in place.

I would encourage anyone with concerns to email John F. Powers, Jr.
President and CEO at [e-mail] if enough people show concerns he might issue a statement to put investors at ease.