Replies to post #3945 on Mainland Resources, Inc.(fka MNLU)

[Ecomike]

I think the word from management that they are or were, (may already be a done deal), close to closing a senior secured note for cash (and not selling convertible debt, or doing a costly JV deal), put the bottom in about 10-14 days ago. They also said that once the deal was done (word then was it was about 2 weeks away), the would begin work on completed the well, Fracking and tie in to pipeline right away. So people have been buying and holding!!!