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Re: maybe_this_time post# 6114

Saturday, 01/28/2012 3:08:20 PM

Saturday, January 28, 2012 3:08:20 PM

Post# of 6903
"

Do any of the MNLU team or Westrock need money now?

"

Yes they do. Mercer Gold and staff are in big trouble, and need cash to pay lawyers and Pierce has a new $2 million dollar fine with SEC to pay, which is probably why he forced MNLU to sell the Louisiana assets for 10 cents on the dollar 3-4 months ago, just so MNLU could pay them 1/4 of the $2 million (now 1.5 million still owed) MNLU owes Pierce. MNLU has about another 3-4 million in debt to suppliers, with liens and court judgments on the BP #1 well.

Ambition with out knowledge is like ship in dry dock. Going nowhere fast!

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