Replies to post #3482 on Mainland Resources, Inc.(fka MNLU)

[Ecomike]

I agree.

Also from my experience with business credit, my experience running companies, one would see a pile of very negative credit reports showing unpaid bills past due for a good 6 months, and active collection efforts in the reports, long before any law suits were ever filed. Since the D&B credit report shows no bill payment problems or lawsuits ( http://investorshub.advfn.com/boards/read_msg.aspx?message_id=63465586 ), that pretty much eliminates any possible lawsuits over unpaid vendors bills. I would also like to remind people that most of the drilling and casing costs were covered by escrowed cash from MNLU and Guggenheim before the drilling even started.

Ask yourselves why at this point, would MNLU risk not paying their bills with Guggenheim as a JV partner?

Also, D&B has its own collections department, so they are often the first to hear of slow bill payments!!!