Mainland Resources, Inc.(fka MNLU)

[dayneyus]

I think this is a concerted Shorting effort by Tim Sykes followers, they research companies looking for officers that may have run afoul of the Sec; then try to spread doubt by smearing all aspects of a company that has some association with them. Of course they take a heavy short position before going on blogs to warn the poor unfortunate longs, about the "heavy dilution coming". Sometimes they will send complaints to the Sec to provoke an Investigation. The only trouble here with MNLU is they are Fully Reporting, they Actually have Third Party Verified Resource Estimates and have sold resources for millions, still own Resource in ground, and drilled a well.
They are gambling there is fire were they see smoke, hoping they can scare down some profit.

I think they will get seriously burned here, but that's the name of the game. Hope they loose big time. If they get it down to $0.16 I'll be doing some serious buying.