Replies to post #151 on Mainland Resources, Inc.(fka MNLU)

[DFW]

That's a good question seeker. I am not sure why ML wants to buy American.....I would guess there is some reason whether we know it or not...or they would not be doing it...however it is straight stock not money which will dilute ML holders.

I need to look further into the stock structure of ML.

As for American stockholders they will be receiving restricted stock which is a mess in itself. Trapped is right for a holding period and then to be able to trade again you have to have 144 letters cleared...then CEO of ML has to sign letters....the stock transfer agent clears and reissues trading stock that then can go into an account. Those shares will be diluting the trad-able float after maybe 6 months for who knows how long.

There is a lot to this deal that those pump up e-mails don't mention any of this buyout for some reason??

Lots to look at and digest here.


DFW


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