Mainland Resources, Inc.(fka MNLU)

[Ecomike]

Yes, as I recall the merger contract called for some kind of halt to issuing new shares by either company. If that were not the case, AEXP would have issued shares a long time ago, instead of borrowing cash from MNLU about 6 months ago, to pay some accounting and SEC merger paper work bills related to the merger. That is why I keep saying a delayed merger is good, not bad, as it keeps the share count fixed for now.

The senior secured asset debt is no doubt the way they will go, and it can be converted post merger to shares if needed, but it will not be needed.