[Pelagic]

Q3 Financials have posted with 520k in revenue.

[Traderfan]

Fair enough. Let me remind you I have been here longer than you probably, years ago they had all these plans, not one thing came to fruition. No revenues, no business, skyrocking O/S in the mean time, huge losses, a stock at 03 which of course is only normal, everything you mentioned is worthless for us so far, they have not managed to get anything done to create shareholder value but then again they do huge deals at 01 while the stock is trading at .15. If I wouldn't know better I would argue that this is nothing more than a complete scam if I just look at the facts. If you think as a shareholder that they are doing a good job all in all then something is wrong with you as a shareholder.

[Vega2]

Right on Pathman!!

[pathman7]

You are seriously a broken record. We all agree with the point on the stock purchase but acting like the company has done nothing else positive this year is just plain wrong. Let's review some items to refresh your memory: A. Petrosun signed a deal with Desert Mountain Energy for the purchase of crude Helium. B. They created a "Science & Advisory" board and filled several positions with board members. C. PSE joined in the creation of Eau Midstream LLC leveraging some of their patented water processing tech D. They worked out a deal worth 2 million with JAYD Ventures, LLC to extract Helium and create new test wells from some of their land leases. E. They sold their interest in ELF transportation. F. The company received new permits to Drill in their Golden Eagle lease holding and G. They updated the company website. These are all clearly positives. Would I like to see more done by the company to drive the stock price up. Yes we all would. But they clearly working on it. Let's encourage them to get the stock uplisted and get a deal done with SpaceX or some of the new semiconductor plants to supply them with effing helium. This is a penny stock guys. If they can move the dial on the stock price up to $1 we can all call this a solid investment.

[Traderfan]

Looks like stock going back to where it belongs again, unfortunately. There hasn't been one thing provided so far from these guys that would provide anything positive, not one thing. Absolute desaster this one so far. Of course their equity deal was nice....for them.

[Pelagic]

On the last financial statement post in August, they said they have received 200k out of the 2 million for the working interest from Jayd ventures. Not sure what progress has been made since then. Hopefully more news to come soon.

[pathman7]

Website update is a nice improvement! Now hopefully they are working on getting the stock uplisted. It's good to see company say they are going to focus on R&D as it's banking on the future. That said R&D needs to be paired with tangible revenue streams. What happened to the agreement to farm out acreage to JAYD venture LLC they announced back in June? Did that deal get signed?

[Pelagic]

News out today on updated company website

[Vega2]

It's been awhile but Petro Sun just posted a new press release. While it doesn't tell us that they are producing just yet, it appears that hopefully there is a new focus there and I hope there's good news to com. I'm happy to see it. Below is the release in its entirety.


PHOENIX, ARIZONA / Disclosure and News Service / October 17, 2023 / PetroSun, Inc (OTC PINK:
PSUD) (the “Company”) announced today a Statement of Corporate Focus. The purpose of the
statement is to clarify the corporation’s operation in the Energy and Mining Industries, and to
reinforce the continuity and interrelationship of all business segments which are the result of
our patented and proprietary Separation and Process Technologies, and to provide shareholders
and the investment community with a better understanding of the corporate goals and efforts.
In the earlier stages of the business our numerous interests in other entities, some of which
appeared unrelated, provided proprietary knowledge that added to our knowledge base and
long-term viability.
As we move our proven technologies to commercialization, we felt it important to
communicate the clarity of our business objectives. Our research and development efforts
continue to be one of our highest priorities. The momentum and integration of our
technologies increase our potential future production capacities and efficiencies.
By using our technology portfolio, for natural resource recovery and services in a wide variety
of commodity markets, we will enhance our potential for long-term revenue growth and
stability. Additionally, the significant potential incremental revenue increases by being vertically
integrated creates the potential for maximum profitability in all business segments.
From Gordon LeBlanc Jr, Executive Chairman, CEO, and President of PetroSun, Inc.
“PetroSun’s ability to adapt our Separation and Process Technologies to a wide range of natural
resource needs in the market has provided us with significant opportunities for the future. We
are committed to improving shareholder value and providing critical commodities and services
to the market. This statement makes clear our focus, expertise, and the integration of our
efforts.”
About PetroSun
PetroSun, Inc. is a fully integrated energy and mining business focusing on Lithium,
Helium, Natural Gas, Oil, Potash, Zeolite Clays, Water Processing, Mine Tailings, Rare Gases, and
Rare Earth Metals Processing through the use of cutting-edge technologies, a broad
portfolio of assets and leases, and a management team with decades of research,
development, and production experience. PetroSun is vertically integrated with control
of all aspects of the business from exploration and production to delivery to end users,
providing customers direct customized solutions and shareholders maximum returns by
participating in profitability at each stage in the supply chain.
PetroSun, Inc. owns significant leasehold acreage that is prospective for helium
exploration and production in the Holbrook Basin of Arizona and for natural gas and
helium in the Paradox Basin of Utah. The Company holds mineral leases on
approximately 280,000 gross acres in the Holbrook Basin and Pedregosa Basin of
Arizona and over 26,000 gross acres in the Paradox Basin.
PetroSun’s greatest assets are its shareholders, partners, advisors, employees, and its patented
and proprietary technologies. We seek to provide global solutions to some of the most
critical challenges the world faces today and into the future.
The Company trades on the OTC Pink Sheets under the symbol “PSUD”.
Forward-Looking Statements Disclaimer:
This press release contains forward-looking statements within the meaning of Section 27A of
the Securities Act of 1933, as amended, and Section 21E of the Securities Act of 1934, as
amended. In some cases, you can identify forward-looking statements by the following words:
“anticipate”, “believe”, “continue”, “could”, “estimate”, “expect”, “intend”, “may”, “ongoing”,
“plan”, “potential”, “predict”, “project”, “should”, “will”, “would”, or the negative of these terms
or other comparable terminology, although not all forward-looking statements contain these
words. Forward-looking statements are not a guarantee of future performance or results and
will not necessarily be accurate indications of the times at, or by, which such performance or
results will be achieved. Forward-looking statements are based on information available at the
time the statements are made and involve known and unknown risks, uncertainty and other
factors that may cause our results, levels of activity, performance or achievements to be
materially different from the information expressed or implied by the forward-looking
statements in this press release. This press release should be considered in light of all filings of
the Company that are disclosed on the OTC Market.com website. Contact: PetroSun, Inc. 2999
North 44th Street, Suite 620 Phoenix, Arizona 85018 480-425-4290 Website: www.petrosun.us

[Pelagic]

Big news out today on the OTC about the Manuel seep project

[Pelagic]

Permit issued for golden eagle to reenter the Handley 1 well. The wellbore will be re-entered and a 7960 ft horizontal section will be drilled. Drilling will be scheduled once The BLM signs off.

[Pelagic]

Back to Pink current on OTC

[pathman7]

Really nice to see a visible revenue stream appearing for Petrosun (as outlined in the latest Helium program update with JAYD Ventures LLC). Looks like they with earn 25% from any earning that come from the farmout and 2 million as a project fee. I'm not versed enough to know if the percent they negotiated & fee is a great deal or not by industry standards. But in terms of seeking profit for shareholders this marks event a significant turning point for the company into earning territory. If anyone else has insights on this and other related matters chime on in.

On another front it looks like the company has entered into a phase of steady press releases again on the OTC boards. This is a positive sign of increased communication with shareholders documenting company activities as well. One caveat is the press releases on the OTCMarkets news board are absent from the company website. Seems like a simply task to keep both up to date. Anyone want to volunteer to port them for them. Lol

One last item. As investors it seems like spurring a northern migration on the price point in response to the company reporting profit is a good idea. Seems like it's time for a higher needle point. Let's get this baby moving.

[Pelagic]

Big news out today on the OTC. Petrosun has agreed to farm out acreage to Jayd ventures for a fee and working percentage. Jayd ventures will assume all seismic, drilling, and production costs. This is a great opportunity, the agreement should be finalized soon.

[SeeTheLight121]

The main problem I see here is the stock is not up listed. Absolutely no brokerage firm is willing to take stock certificates. There’s no clear information as to where the revenue actually comes from and if they are in collaboration with any entities. I am not impressed with the website unfortunately not much clear information in what their current project status is. At the very least the stock needs to be up listed.

[Pelagic]

See the light, yes I'm an investor I've had a piece of this stock since around 2006 or so. Most of us here are investors, the information we get is mainly through their press releases on the OTC and company website. You probably know as much as we do, they have plenty of assets just no capital to realize them. At some point the dominoes will fall into place, I believe the owner/CEO has put way too much time and effort into this to see it fail. If you have extra insight feel free to post it.

[SeeTheLight121]

Pelagric! How is it that you were so interested in the company? Are you an investor? I know the inner workings of the company?

[SeeTheLight121]

I just joined this board to getting a better idea of this company. I have a significant investment in the company however, my concern is their financials and the ability to sell restock on the open market. I currently owned more than 1 million shares. Unfortunately, no brokerage firm is willing to except stock certificate from this company due to obvious reasons OTC pink. My other concern is how far along are they in processing and developing helium for the open market. Is the company profitable? Is there any news of up listing the stock? Their contact PR department is pretty much nonexistent.

[Pelagic]

News out today, Dr bailey is back on the board of directors effective immediately and petrosun has approved the science and technology advisory board and will release the board members names soon.

[Pelagic]

New News out today on the OTC on corporate update on operations and planned strategic initiatives

[Pelagic]

2022 financial report has posted

[Traderfan]

I have always been here for the Helium to be honest, not for anything else. Not sure if I buy the argument that the CFO is no longer needed because they go more towards Helium now, I don't see the logic in this.

[pathman7]

Yes we heard you sound off before. We all share your concern regarding that trade but stock purchases at sub market rates aren't the only thing to think about here. Let me start off by saying I don't pretend to know but here are some thoughts. The company had an extensive plan to mine and or sell its Lithium mining concessions in Mexico that has been blocked by the Mexican administration nationalizing lithium as a resource. The exiting high level staff had experience in buying and selling mining companies and company assets. Now that selling lithium assets is off the table (locked up in legal proceedings for foreseeable future unless they sell them back to Mexican government lithium company LitioMx) the company appears to be resetting their scope to their US assets (primarily Helium and Natural Gas). As a result, some personnel may no longer be suited to their roles. The helium market is very strong and looks set to stay that way so it's not all doom and gloom here. La Blanc has been at this a long time letting him retake the helm isn't a bad idea. The last announcement called out his focus will be on driving up the stock value for investors. We will see how things unfold regardless of our opinions. So you could see the staffing changes as pretty straight forward. After the company outlook shifted back from Lithium to Helium they were no longer needed. They likewise failed to maintain the price of the stock given the landscape changes proving they were not either interested or capable of adapting.

[Traderfan]

Looks like everebody fleeing the company, no wonder after that latest deal where they gave 65 million shares to peeps at 01 while the stock was trading at 10 or 15 cents. To me one of the scammiest deals I have seen in 25 years OTC.

[Pelagic]

News out today- LeBlanc to take back his position as Cheif executive officer, also CFO Hewitt to step down on April 13th (probably after yearly financial report).

[Fanfanlatulippe]

hahahahaha

[RetireSoon2]

Price Trend Improving

From stockinvest.us:

The stock lies in the middle of a very wide and strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 153.01% during the next 3 months and, with a 90% probability hold a price between $0.286 and $0.509 at the end of this 3-month period.

Is PetroSun, Inc. stock A Buy?

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for PetroSun, Inc. stock to perform well in the short-term.

[CountOfMeltedCrisco]

It's a benefit for both companies. Desert gets to quickly see how their plant handles helium from "other's" wells. They know what they've got, because it's all been tested to a fare-thee-well. But "other" helium is the Known Unknown. If PetroSun's helium goes through the plant without trouble and comes out smelling like money, that's "proof of concept" for just about anybody else's raw helium input.

This isn't LeBlanc's or Rohlfing's first rodeo. They obviously know of each other, respect one another, and know they each have what the other needs at this moment in time for both companies. So they cut this beautiful deal. Truly amazing.

[RetireSoon2]

A Major Step to Near Term Production


The new agreement announced today between Desert Mountain Energy and PetroSun is fantastic news as we move closer to generating revenue.

Desert Mountain Energy commissioned their McCauley Helium Processing Facility in January. The joint development efforts will also be a benefit for both companies.

This provides an interim processing capability that significantly speeds up the commercialization of PetroSun’s assets.

[CountOfMeltedCrisco]

Excellent news for both PetroSun and Desert Mountain. A true "win-win" deal.
And a close look at both companies reveals some perfect synergies.
DME was even kind enough to give PSUD a tip-of-the-hat in their PR announcing
this deal. They didn't have to do that, but it clearly shows the respect they have
for PSUD. I believe this will do well.

[Vega2]

This is great news and
could be a start to what we have been waiting for. We have the helium Desert Mountain has processing and hopefully revenue is coming soon.

[Pelagic]

News out today on future agreements to sell crude helium to desert mountain energy to be processed at their plant.

[Traderfan]

Vega

There are a lot of things happening there with the replacement of CEO Dr. Bailey and the reorganizing needed for that. With the money invested by Gary Wells and Robert Alexander it wouldn't make sense that 672k was needed to keep them afloat.

Look, this is not what else is going on within the company and it's not about being impatient because I have no problem to be in a stock and wait if they behave normal.

Let's be honest for a second, there is no way to justify what they did, I know peeps who are in an investment always have problems to talk objectively about a situation but this is one of the biggest rip offs I have seen in more than 20 years on the otc. While the stock was trading between 15-30 cents in the last several months (before we got that crazy seller down to 03), they went ahead and sold shares for one cent, 90-95% below the market prices over months. And they didn't just give someone a small gift and gave out like 1 million or 2 million shares to a buddy for 01 which I wouldn't even care about, no they diluted YOUR and our investment by another 15% on top of all the prior dilution in the last 18 months, at one friggin cent. A nice 67 million shares. At ten cents these guys have a 10 bagger and all the current shareholders have to pay it with their diminished stake. Biggest rip off ever. I guess I now understand why this CEO guy quit so fast again. I would not want to be associated with these guys either.

And btw, where is that friggin form D? I have never seen a public company raise money through a form D but the form D doesn't even get filed anywhere. I see dozens of companies raise money on the form D and everyone files it publically. Where is it? If they would have filed this form D as everybody else does, we could have gotten out at 15 or 20 cents or whatever if the price in the filing shows 01, it's just insane. The worst pink sheet scams out there with toxic financings don't sell such a large amount of shares 95% below proper current market prices, not even the biggest scams out there do that. If you have any experience in the otc and some insight you know that this is true.

The sell off on big volume lately to 03 was probably one of the form D guys selling for a good profit, just speculation but it would all make sense now. If you defend that, then I don't now what to say really. Especially after all these years where they didn't get anything tangible out there, the same BS over and over and now this.

[Traderfan]

I thought you were asking both and I was just too lazy to answer the second question but now I see you only wanted to know the share structure in general.

[RetireSoon2]

Share Summary

At the current time here is what we know.

At 9/30 released in the Financials:

750,000,000 authorized shares

543,307,265 issued shares

Add the transaction in the recent press release of 67,000,000.

Total issued is 610,307,265

Leaving 139,692,735 held in the treasury by the company.

This may not include all changes. They will be released in the upcoming financials.

Keep in mind last year Gordon LeBlanc went from 160 million to 104 million at year end. We don’t know if the entire 67 million in the release came out the available shares or if they include shares that were held by others.

[pathman7]

@ Traderfan - I share your frustration but you misinterpreted my question. I didn't ask how many shares were sold to the new investor at .01 per share (obviously in the press release). I'm asking does anyone know how many shares of PSUD have been issued in total? And how many shares of company stock the company currently retains?

[Vega2]

I want to respond to the recent post
of Traderfan. I've appreciated your past comments and agreed with most of them. I think in your last comment however, we need to take step back and look at what is happening. PetroSun isn't just dumping stock at a penny a share. There are transparent about what they did and listed the sale in a release and that it was to an investor. In fact attorney Chris Hewitt listed them as an "accredited investor" which according to SEC, they must meet minimum net worth criteria. There are a lot of things happening there with the replacement of CEO Dr. Bailey and the reorganizing needed for that. With the money invested by Gary Wells and Robert Alexander it wouldn't make sense that 672k was needed to keep them afloat. This could be a new CEO, whom is to be announced early this year or another major investor of some type. Of course I am just surmising these things but keep in mind that the only information they are required to submit to us are financial reports. I don't feel they would be releasing this information to aggravate us. I feel your impatience as I have plenty of it too. Finger crossed my friend.

[Traderfan]

It‘s right in my prior posting. They issued 67 million shares at 01 recently.

[pathman7]

Does anyone know how many shares of PSUD have been issued? And how many share the company currently retains?

[Traderfan]

Company selling shares at 01!

That is pretty shady to sell this amount of shares at a penny while the stock was trading at 10 and 15 and 20 cents during the last few months. So much for these crooks.

https://www.otcmarkets.com/stock/PSUD/news/PetroSun-Announces-Sales-of-Common-Shares?id=387424

[Traderfan]

Starting to look like some entity has to sell a big amount of shares before year end for whatever reason. He is always coming back to sell more after being quiet for a day or two. If he is finished towards the last few days of the year or the beginning of next year, we could see a move back to more reasonable levels.

[JuliettEcho]

The useful information posts are appreciated - the assets in the ground remain very encouraging (and then some). Still a ways to go to get back up, but nice to see green on very high volume for this one. Remaining invested and likely adding to the position for the near future, especially in this price range.

[Traderfan]

Sounds all good no doubt, and in the meantime the stock is heading towards sub penny. Good stuff.

[RetireSoon2]

Lithium Update:San Judas I & II $18 Billion new valuation.

All of this information has been updated on the new website in the last few weeks. This shows that good positive progress is being made on numerous fronts.

No updated values have been listed for zeolite clay, nor is it included in these numbers.

There is no confirmation of a resolution to the nationalization of lithium in Mexico, however the updated statement on the website says they plan to develop and produce the concessions.

The website also now includes pricing for lithium.

“We plan to develop our lithium concessions once the permitting process is complete. We expect to find reserves of oil and natural gas as part of our helium recovery efforts and plan to take advantage of these opportunities as they arise.

Lithium Carbonate and Lithium Hydroxide
Surging EV demand has resulted in lithium prices skyrocketing by 550% from 2020 to 2021
By the beginning of March 2022, lithium carbonate prices had passed $75,000 per metric ton.
Lithium hydroxide prices exceeded $65,000 per metric ton in 2022, compared with a five-year average of $14,500 per metric ton.”




SAN JUDAS I AND II LITHIUM

136,444,240 tons of zeolite containing 1763 ppm lithium

Covert ppm to %. Lithium at 1763 ppm = 0.1763%
136,444,240 X 0.1763% = 240,551 tons of Lithium
240,551 tons X $75,000 per ton = $ 18,041,325,000.
Source: PetroSun press release June 14, 2021

$ 75,000 price per metric ton
Source: PetroSun website
www.petrosun.us


With the increase in commodity prices this adds $ 8,762,070,175 in value to the company’s holdings.

[Traderfan]

1.3 million ask at .043 trying to get filled with no takers for now. Gonna put in some bids in the 2's and 1's because this is starting to look more and more like a desaster for now.

[RetireSoon2]

UPDATED POTENTIAL RESERVE VALUATION based on current market commodity rates

These are some very large numbers. Given the current trading range there is a very significant disconnect between price and potential value here. Hopefully we see an improvement soon.

I have listed my sources for all of this. Let me know if you have more questions.

REVENUE FORECAST

Year 1 expected yearly revenue $ 109 million and a profit of $ 54 million
Year 5 expected yearly revenue $ 452 million and a profit of $ 329
Million

Keep in mind at the time these estimates were generated commodity prices were lower than current.

Source: Castle Placement – Arizona Energy financing document published on Castle Placement’s website


$ 167 BILLION VALUATION based on minimum expected values
$ 522 BILLION VALUATION based on maximum expected values

These are gross values and do not account for changes in market prices. Additionally, the wholesale versus retail variations on helium are not considered here due to direct marketing of already processed helium to consumers.


SAN JUDAS I AND II LITHIUM

136,444,240 tons of zeolite containing 1763 ppm lithium

Covert ppm to %. Lithium at 1763 ppm = 0.1763%
136,444,240 X 0.1763% = 240,551 tons of Lithium
240,551 tons X $38,575 per ton = $ 9,279,254,825.
Source: PetroSun press release June 14, 2021

$ 38,575 price per ton for Lithium
Source: www.austrailanrseourcesand investment.com.au


PARADOX BASIN LIQUID NATURAL GAS

Minimum Expected Reserves 3 trillion cubic feet
Maximum Expected Reserves 10 trillion cubic feet
Source: Castle Placement – Arizona Energy financing document published on Castle Placements website

Covert 3 tcf to mcf = 3,000,000,000 mcf
3,000,000,000 mcf X $ 5.87 per mcf = $ 17,610,000,000 Minimum Expected Value

Covert 10 tcf to mcf = 10,000,000,000 mcf
10,000,000,000 mcf X $ 5.87 per mcf = $ 58,700,000,000. Maximum Expected Value

LNG Price $ 5.87 per mcf
Source Market Price 12-8-2022


HELIUM


HOLBROOK BASIN

AEP 17-1 Disclosed 2.29 bcf X 2,000 per mcf processed

Convert 2.29 bcf to mcf = 2,290,000 mcf
2,290,000 mcf X 2,000 = $ 4,580,000,000
Source PetroSun press release July 5, 2017

PARADOX BASIN

Minimum Expected Reserves 68 billion cubic feet
Maximum Expected Reserves 225 billion cubic feet
Source: Castle Placement – Arizona Energy financing document published on Castle Placements website

Convert 68 bcf to mcf = 68,000,000 mcf
68,000,000 mcf X 2,000 = $ 136,000,000,000
Minimum Expected Value

Convert 225 bcf to mcf = 225,000,000 mcf
225,000,000 mcf X 2,000 = $ 450,000,000,000
Maximum Expected Value

Source: $ 2,000 price per mcf processed helium. Desert Mountain Energy website

These numbers do not include any values for Holbrook Arizona helium other than 2.29 bcf of helium based on one zone test on one well. The remaining numbers of Arizona helium values are unknown, but will increase these totals. Also not included are any values for the additional lithium concessions in Mexico, (options for 4 more).

Questions still exist about the viability of the Lithium resources based on Mexico’s nationalization. PetroSun has hired an attorney to negotiate the company’s ability to move forward on this project. We are awaiting an update on it’s status.

[Traderfan]

Stock now at 4 cents, the sell off clearly accelerated once the CEO resigned. Going back to all time lows? Pretty sad this one.