Mainland Resources, Inc.(fka MNLU)

[Ecomike]

The Japanese could be one of the banking sources, so don't assume it is buyout. They may want to bank the deal and have rights to buy the NG for LNG export to Japan. I doubt a Japanese company is planning to start running a NG drilling and pipeline operation, but who knows?

I think the NG glut comment is relative to 2002-2008. And it probably means banking loans are harder to secure.

Is everyone asleep at the wheel here tonight? Am I the only one that is reading the new SEC filing?

Edit: Ok, I may have jumped the gun here. At first read it looked like MNLU was about to sell $8 million dollars of new shares at up .55/share, but now on a deeper read, re-read, this looks like an update of the registration for the MNLU shares that will issued to AEXP shareholders during the merger, registering them so they will be tradeable, and not restricted after the merger.

This is the Fidelity Link I am reading from:

http://xml.10kwizard.com/filing_raw.php?repo=tenk&ipage=7732009