Replies to post #5306 on Mainland Resources, Inc.(fka MNLU)

[dayneyus]

It's a JV, the merger is a natural step, since AEXP had no money to complete the well.

[Ecomike]

Read my lips! Pay attention because there will be TEST at the end!

LOL.

AEXP and MNLU and Guggenheim are all JV partners in the BP#1 well!!!!!

AEXP brought the entire location, and idea and early leases to MNLU who had the funds from cashing out on their prior winning deal (28 million dollar sale), and Guggenheim contacts, and Guggenheim money.

MNLU bought up more leases, then the three parties signed a JV deal, and MNLU and AEXP signed a merger agreement, then the well drilling started.