Spotlight Innovation Inc. (fka STLT)

[Ecomike]

"Here's a thought. If MNLU acquires the needed funding and/ or a JV partner, I would expect a buyout at some point. If the BV is as successful as we all hope then AEXP with a 20% interest still holds a very substantial value."

That is exactly why I did not sell today!!!! The only change is we don't swap for MNLU shares, and AEXP did not need to dilute to raise cash to pay to keep the leases, MNLU gave up shares instead. So instead of 20% of MNLU final shares post merger, and thus owning 20% of the post merger company, we get 20% of about 25% of the original Miss lease post merger number (was about 27,xxx acres IIRC), with out the need to raise huge amounts of cash (via dilution???), or risk MNLU BK for failure to raise the cash. MNLU has about 20 times as much debt as AEXP by my figures, and most of the AEXP debt is owed to MNLU!

So I suspect AEXP is a better buy today than MNLU, because the JV acreage will have the most value the soonest!!!!