Wednesday, May 01, 2013 2:34:38 PM
Our beloved PEDO did a 3/for 1 reverse split effective 4/23/2013 giving 13.9M outstanding shares. The next day they decided to sell almost 12M shares meaning a further almost 50% dilution. The old BESV shareholders have been diluted into oblivion. They now have about 1,000th the value they purchased in BESV. I call 99.9% oblivion. Management wins...shareholders lose.
The old BESV shareholders were sold out. They gave up the shell for no cash and 5% of the shares....a typical sale of a trading shell with no assets. Even though we had (supposedly) Millions in assets)s. The orchestrator of the sale was Peterson who was rewarded with a job at PEDO. You know, the same guy who took $4M in income and pissed it away to "management fees"?
Peterson, Berg, Mcafee...what a group!
If it wasn't for the continued taint of Peterson, this would be a new company. Maybe he can put this one down by using the cash to buy lottery tickets also.
I have no humble opinions, but I do have opinions and those are what I express in my posts. BUT...I have been wrong before and likely will be wrong again so do your own research and don't blame me if you are too lazy to do so.
Recent PED News
- Form 8-K - Current report • Edgar (US Regulatory) • 02/05/2024 10:22:35 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/29/2024 09:31:30 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/29/2024 09:31:28 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/29/2024 09:31:24 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/29/2024 09:31:21 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/29/2024 09:30:51 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 01/25/2024 11:51:22 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 01/25/2024 11:44:06 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 01/25/2024 11:11:06 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 01/24/2024 02:03:38 AM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 01/24/2024 01:55:39 AM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 01/24/2024 01:47:55 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/23/2024 11:21:09 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/23/2024 11:21:04 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/23/2024 11:21:01 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 01/19/2024 09:32:13 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 01/19/2024 09:26:18 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 01/19/2024 09:20:03 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/18/2024 09:31:04 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 11/09/2023 10:21:39 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 10/14/2023 01:00:19 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 09/13/2023 10:48:06 AM
- Evolution Petroleum and PEDEVCO Enter into Strategic Partnership to Jointly Develop PEDEVCO’s Chaveroo Field in the Permian Basin • GlobeNewswire Inc. • 09/13/2023 10:45:00 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/01/2023 08:41:42 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/01/2023 08:41:41 PM
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