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You spoke to Floyd? That makes you an accessory.
Floyd is in prison, he ran out of KY lube so the gang bangs are vicious.
how about some kind of reverse merger here boys?
That’s comical.
lol. thought you might say 1%.
any chance of this ticker coming out of retirement?
Floyd favors theft, conspiracy, piracy, and lies.
Floyd Smith is alive and well and kicking. Spoke to him three weeks ago. He is not in federal custody. If you had half a brain you would post a link to a federal inmate information page with a list everyone. Obviously a slanderous lie
Floyd Smith is alive and well and kicking. Spoke to him three weeks ago. He is not in federal custody. If you had half a brain you would post a link to a federal inmate information page with a list everyone. Obviously a slanderous lie
Floyd, who remains in Federal custody ran out of KY lubricant that helps him survive prison life. Floyd the thief and con is finally getting tagged teamed in jail.
What does Kentucky have to do with Floyd? By the way Floyd is a saint. He’s helped create incredible wealth or investors while maintaining Environmentally conscious business model
Anyone sympathetic to Floyd also needs KY
Floyd remains in Federal custody but lacks KY to withstand the pounding.
post any link to info proving this dikkkk
PEII registration revoked:
https://www.sec.gov/litigation/opinions/2019/34-86150.pdf
Oil tops $73 on Venezuela turmoil, Saudi support for OPEC cuts. PEII will run hard. $$$ coming.
you can't be serious?
Trolls are spreading fake news. Oil price is going up. PEII is holding oil assets and leases. Boom boom $$$. Wait and see.
Anything from PEII’s CEO since this update?
Petron Energy II, Inc.
17950 Preston Road, Suite 960
Dallas, TX 75252
972.272.8190 • 972.485.1324 Fax
March 21, 2017
Dear Shareholder:
The intent of this letter is to provide an update to our shareholders regarding current company status and inform shareholders of our plans for moving Petron forward in the future. Additionally, we want to confirm our commitment to finishing what we all started together!
Regarding our current company status, we have three primary objectives which must be solved before we can move our company forward. The first objective involves completing current efforts towards raising operational capital from investment banker Major Asset Group, LLC (MAG). We have a signed contract which commits MAG to fund Petron. Based on information from the investment group, they appear to be close to completing their funding. MAG has informed us that once their funding is finalized, Petron would be funded according to our contract. This is the second funding group we have engaged during the past several months. Regrettably, most of our time was spent with the first group Sayegh & Associates, which were not able to secure any funding commitments on behalf of Petron. MAG has demonstrated a higher level of transparency and executed a funding agreement with Petron based on the strength of our development plans. It is our belief that we will have all funding efforts completed soon with MAG.
The second objective is directly tied to our funding; it involves negotiating final payoffs to a group of convertible debt creditors. This collective group holds conversion rights to a significant number of PEII free trading shares which were received from executing various funding transactions with PEII. Upon conversion, this block of free trading shares held by group members allows them to sell on the open stock market. The challenge created for Petron by this group is their historical unwillingness to sell their shares in a responsible way. Unfortunately each member has sold their block of shares in an extremely aggressive way which has contributed enormously to suppressing our PEII share price to its current position. Our plan is to use a portion of the raised funds to secure buyouts for each member in the group in order to avoid future pressure on PEII’s stock price; once they are removed it clears the path forward for PEII and its remaining shareholders to have a stock unencumbered by convertible debt creditors.
The third objective addresses our plans for Petron's move forward. Nothing has changed regarding our game plan to develop "Shallow Well" leases to scale. With current oil prices in the range of $48 - 50 per barrel coupled with our current development cost to produce a barrel of oil at $16, market conditions support our narrative that the current financial climate is still very favorable to create a very strong company and increase shareholder value. Our efforts to scale the growth of the company will center on our current pipeline infrastructure which provide access to approximately 400,000+/- acres. Many of the leases within our targeted area already possess equipment assets. It is expected that some equipment modifications will be needed to bring these assets up to acceptable operational levels.
This is a very important time in the growth of PEII and we are working very hard to meet the challenges we face on a daily basis to accomplish the goals we have set. I look forward to our next update letter where I hope to announce that all funding efforts have been successfully completed.
We feel very optimistic about the future of PEII!
With My Most Sincere Regards,
Floyd L. Smith
CEO
I feel special......
yes it is, but I was speaking on them getting an extension when they have not even answered prior notices and it results to an order for a hearing. Good for you They never communicate back to me! Financing that's hilarious!
Smith on record for $200k per year and CFO $90k.
Isn’t the otc a fantasy world? I was at least impressed the guy called me back.
Living in a fantasy world! Time has run out for this company. How are they going to get financing without financials which are why they are delinquent? That's the okie doke answer by CFO Bob Currier. What does Floyd Smith have to say? He may be in China by now where he has stashed the "get-away" loot. Going to try to file bankruptcy to cover this up but not going to work.
Just talked to the cfo who advised they have until the 20th to remedy it but he’s hoping for an extension. Company is awaiting financing for their projects.
No, once the SEC suspends an SEC Registered stock for delinquent Financials/Filings it is too late for the company to remedy the delinquencies. The Admin Law Judge will revoke the stocks registration and the trading ticker will no longer exist.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=141911981
Good news. Might push them to do something. Last time I talked to them they were still in business .
Oh wow the one share I was left with might one day be worth enough to pay for it's own sale. Exciting days ahead indeed!
PEII SEC Suspension for delinquent Financials/Filings:
https://www.sec.gov/litigation/suspensions/2018/34-84053.pdf
Order:
https://www.sec.gov/litigation/suspensions/2018/34-84053-o.pdf
Admin. Proceeding:
https://www.sec.gov/litigation/admin/2018/34-84052.pdf
Group pump. Poison and Bluephoenix in twitter.
where is all the "THE GOOD FORTUNE" that is suppose to happen. you guys will not even post anymore! go figure that one out. IMO that first Nevada filing was a pump tactic. who spends over $3k to file for someone else?
Lol yeah I am sorry I bought into PEII too but lesson learned right?
so with the sporadic volume this is still a POS and nothing happening here?
Not a dude but still got kicked in the nuts but this company. Have learned a lot since then at least
I feel you Bro.
if you guys only have one share, you have been in it for a very long time. a partial share rounded up to one share possibly
the ironic thing here is PEII has never defended itself. you would think something would be said to let shareholder and potential shareholder know it was fraudulent. I even emailed them and asked, with no response. May have been better if someone else was CEO, Floyd L Smith has done NOTHING. There is a crook in the road ahead!
ROFL I also have 1 share in my account but I like to to leave it there as a warning to myself to not be so stupid
I just made 100% on the single share I had left. That's a .0001 gain in just one day! And people say this stock is a turd. LOL
Looks like I was right all along
NRS 225.084 states:
https://www.leg.state.nv.us/NRS/NRS-225.html#NRS225Sec084
Civil liability for filing record which is forged or fraudulently altered, contains false statement of material fact or is being filed in bad faith or to harass or defraud; rights, remedies and penalties cumulative; regulations
1. A person shall not willfully file, promote the filing of, or cause to be filed, or attempt or conspire to file, promote the filing of, or cause to be filed, any record in the Office of the Secretary of State if the person has actual knowledge that the record:
(a) Is forged or fraudulently altered;
(b) Contains a false statement of material fact; or
(c) Is being filed in bad faith or for the purpose of harassing or defrauding any person.
2. Any person who violates this section is liable in a civil action brought pursuant to this section for:
(a) Actual damages caused by each separate violation of this section or $10,000 for each separate violation of this section, whichever is greater;
(b) All costs of bringing and maintaining the action, including investigative expenses and fees for expert witnesses;
(c) Reasonable attorney’s fees; and
(d) Any punitive damages that the facts may warrant.
3. A civil action may be brought pursuant to this section by:
(a) Any person who is damaged by a violation of this section, including, without limitation, any person who is damaged as the result of an action taken in reliance on a record filed in violation of this section; or
(b) The Attorney General, in the name of the State of Nevada, if the matter is referred to the Attorney General by the Secretary of State and if the Attorney General, after due inquiry, determines that a civil action should be brought pursuant to this section. Any money recovered by the Attorney
I suspect that the annual report was filed fraudulently by somebody not representing PEII so that the fraudsters could run a pump&dump on this stock
NVSOS filing today
Officer statement filed pursuant to NRS 225.084 removing the Annual List that was filed 6/11/2018.
http://www.clippercorporatepartners.com/2018/07/luke-zouvas-goose-is-finally-cooked.html
Petron is going to be cooked real soon!!
Looks like Petron's attorney is in some more trouble. Where is Floyd Smith?
Is he hiding out? He is next, you can run but can't hide.
https://www.justice.gov/usao-sdca/pr/eight-defendants-indicted-stock-fraud-related-offenses
you really think it's that good huh? i have Been waiting 7 years for what you expect in a few months. What happened to Floyd Smith CEO?
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http://petronenergyii.com/contact/
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