Spotlight Innovation Inc. (fka STLT)

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The merger was pending American Exploration Corporation paying their share they did not. So American Exploration Corporation has no interest in Burkley-Phillips No.1.

The Company's working interest in the Burkley-Phillips No.1 well has increased from 45.9% to 72%. Mainland will fund 90% of the well costs to earn its 72% interest in the well. As Operator, Mainland has a scheduled spud date of early June 2010. Mainland's working interest increased to 72% due to non-payment by American Exploration Corporation as reported in the Company's press release on April 26, 2010. Mainland currently holds interest in excess of 17,000 acres in the Buena Vista Prospect.