Replies to post #4287 on Mainland Resources, Inc.(fka MNLU)

[Ecomike]

I don't think so. They seem to have insiders (Like Gerry, the new Director, who owns at least 10% of the outstanding shares according to the form 4 he filled when he accepted the Directorship position), that are willing to loan enough money in unsecured notes to MNLU to the pay the important, critical bills. I think the hold up, issue is the big loan for at least 15 million they are trying to float. The last 10-Q showed insiders loaning over $1 million in cash, unsecured, to keep the lights on the last 6 months. That kind of loan by insiders (documented), with out share dilution says all I needed to read and hear!!!!!!

[pigroast11]

Delay and Dilute is imminent.
Do you really think anyone from the company is going to say anything negative? "Everything is fine, just waiting for financing"
LMAO! Big time Dilution is coming.

[dbelmont]

Thought leases had been extended

Just my memory but I thought I recalled that the leases had been extended for a year already to 2012 instead of 11.

I say patience. Wouldn't it be nice to have all the answers now? To know when the completion will happen and how it wil be paid for.

What we don't see is hyperbolic promo. Which to me is a good sign that management is doing things in the best way possible for us all even if it takes longer. (piggie's repeated squeals notwithstanding).

As others have noted you have insiders buying stock in AEXP (merger partner) at retail. A very positive sign IMO. And Directors putting up cas to keep the wheels going around and the lights on. Also a big deal.

The phones are being answered and while the answers may not be all we would love we are getting real people on the phone which to me is huge. Scammers have no problem not answering the phone.

The basic equation and question remains unchanged. If you believe that the management of Mainland are on the up and up and are moving this forward in the best available fashion then you stand pat. Or like me add a few more. If not then you should sell now and invest elsewhere.

As Always fortune to us all.