Current Report Filing (8-k)
May 26 2015 - 9:06AM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
_______________
FORM 8-K
_______________
CURRENT REPORT
Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934
Date of report (Date of earliest event reported) May 26, 2015 (May 21, 2015)
_______________
MINERCO RESOURCES, INC.
(Exact name of registrant as specified in its charter)
_______________
|
| | |
NEVADA | 333-156059 | 27-2636716 |
(State or Other Jurisdiction of Incorporation) | (Commission File Number) | (IRS Employer Identification No.) |
800 Bering Drive
Suite 201
Houston, TX 77057
(Address of principal executive offices, including zip code.)
(888) 473-5150
(Registrant’s telephone number, including area code)
Not applicable.
(Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
|
| |
¨ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
|
| |
¨ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
|
| |
¨ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
|
| |
¨ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
ITEM 8.01. OTHER EVENTS
On May 21, 2015, Minerco Resources, Inc. (the "Licensor") terminated for cause the Brand License Agreement (the "Brand Licensing Agreement") dated February 6, 2015 with New World Beverage, LLC, (the "Licensee") a Colorado Limited Liability Company where the Licensee acquires the exclusive rights Worldwide (the “Territory”) to use The Herbal Collection ™ (the “Brand”) on and in connection with the marketing, distribution and sale of the Brand.
The foregoing description of the Termination of the Brand Licensing Agreement is qualified in its entirety by reference to the full text of the Brand Licensing Agreement, attached as Exhibit 10.2 to the Current Report on Form 8-K filed with the Securities and Exchange Commission and incorporated herein by reference.
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS
EXHIBITS, FINANCIAL STATEMENT SCHEDULES
|
| | | | | | |
| | Incorporated by reference | |
Exhibit | Document Description | Form | | Date | Number | Filed herewith |
10.1 | Brand License Agreement, dated February 6, 2015 | 8- K | | 2/9/2015 | 10.1 | |
10.2 | Termination of Brand License Agreement | | | | | X |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
|
| | | |
| MINERCO RESOURCES, INC. | |
| | | |
Date: 5/26/2015 | By: | /s/ V. Scott Vanis | |
| | | |
| | | |
| | | |
Minerco Resources, Inc.
800 Bering Drive, Suite 201
Houston, Texas 77057
May 21, 2015
Anthony R. Skinner
President
New World Beverage, LLC
44 Inverness Drive, #5
Englewood, Colorado 80112
RE: Notice of Termination of The Herbal Collection Brand Licensing Agreement
Dear Mr. Skinner:
As noticed in the letter to you dated April 15, 2015 requesting the noted failures be cured, Minerco is effectively terminating the Brand Licensing Agreement, dated February 6, 2015, and effective as of February 1, 2015 (the “Agreement”), for cause under Section 12 (a) (i) of the Agreement. Among other material breaches, the terms and conditions as set out in Section 3 (a) and (b) were not satisfied, nor cured.
Sections 7, 11, 15, 16(e) and 16(i) of the Agreement shall survive this Notice of Termination.
Please let me know if you have any questions or comments.
Sincerely,
/s/ V. Scott Vanis
V. Scott Vanis
Chairman & CEO
| |
Note: | The foregoing sections and headings references are qualified in entirety by reference to the full text of the Brand Licensing Agreement. |
Minerco (CE) (USOTC:MINE)
Historical Stock Chart
From Mar 2024 to Apr 2024
Minerco (CE) (USOTC:MINE)
Historical Stock Chart
From Apr 2023 to Apr 2024