Mainland Resources, Inc.(fka MNLU)

[Ecomike]

I hope you get the checks, and hope they clear. I suspect the cash will come from stock dilution, either convertible secured debt, or convertible preferred shares. Toxic debt to existing shareholders.

I don't think anyone in their right mind would finance the well completion any time soon with natural gas prices where they are, and a costly pipeline that still needs to be built. This maybe a defensive move by Pierce to keep from loosing key lease properties, which he will likely pay for with toxic debt and a P&D share dump.