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EX-10.2 - EXHIBIT 10.2 - Minerco, Inc.exhibit102-05262015.htm


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))


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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.




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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


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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
 
 
 
 
 
 
 
 
 
 
 
 
 


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