Petron Energy II Inc (fka PEII)

[mario3349]

At the beginning of this year when PEII had NO oil production or any hope of it any time soon this stock traded at around .0039 with OVER a BILLION shares outstanding. The total OS value at that time was around $3.9-$4.4M and PEII had a crap load more debt on the books then. Now with reduced debt, going back onto the OTC.QB stock board and low OS value, this has a total OS share value of $0.5M. PEIID is pumping oil @ 15BOD from Texas alone and selling that oil. If half of what FS is saying comes true then this will be selling near 100BOD by the end of the third quarter. Near or at break even. If dilution stays under control then it's a no brainer that this stock will go up from here in per share value. IMO