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I do feel sorry for the ones still holding on thinking they are going to get some big payday. Not happening. On second thought...I don't feel sorry for them. If they wish to continue to fund OH and is friends lifestyles, while they are still struggling. It serves them right. The evidance has been presented and still OH has brought nothing to support his claims.
For a company with $7.2M in assets the website has no information of value. One of his family members that just learned HTML put that together just to fool investors into believing they have something.
His interview in front of the KC Court house was pathetic at best. OH, "We believe what we have is real." Seriously...if you truly have a real company you do not have to believe...YOU KNOW and you have proof to back it all up. If I were OH, I probably would have said that also on tv, I would certainly be afraid of my gravy train with biscuit wheels derailing!!!
Someone please enlighten me as to how you have $7.2M in assets and not one piece of paper to show forth?!?!? He could not even give out the address of the building...because it does not exist. "We have purchased space, we have space." Where clown?!? It certainly is not on Pershing.
SCAM,SCAM,SCAM! The jig is up OH, stick a fork in you cause you are DONE! Bernie Madoff is waiting for you and has space in his cell for you.
You are 100% correct...it is sad that some are out there still hanging on and spreading his lies. Talk about adding insult to injury!
Thanks for the information. I did this because I have known my friends for years and I figured she had checked all of this out and it was solid. It was far from solid.
Somehow OH has brainwashed the masses into thinking this bunk is real. How sad that after he was arrested there are still those that believe something is going to happen...they will be "blessed". Nope, wrong answer.
Of course his family will stick by him, they were reaping the benefits as well. With no investors there will be no more lavish items for them...it is sad.
I live in KC...I was brought in by a friend. At each meeting he did the usual rah, rah, rah then it came down to producing stock certificates which we are still waiting on. So I decide I want my money back and when I travel to the headquarters he boasts of on Pershing...there is nothing. The building has a lot of businesse but none are Petro nor had the heard of Petro. I later found out there was a secretarial service he was renting at the Pershing location. I heard that one of our big accounting firms(Earnst & Young) was handling the account...I called them and not one soul I spoke to knew anything about Petro. As a matter of fact they asked him to stop using their name because they do not do business for him or Petro. I sunk $2k into this nonsense so I have to chalk it up as a loss.
For those that are trying to make the distiction between Petro Ks and the other Petros, I'll say this...if OH has anything to do with it RUN!
Reddog...OH has nothing... He took your money and mine and he is only feeding his lavish lifestyle...if you are that sure of OH...I have some "diamond" mines on 27th and Prospect to sell you! Make your check out to Me!
He better shake...he knows he is prison bound. It serves him right.
Please tell me you do not believe this man is innocent?!?!?!?!?!? I have not been on this site in a very long while because I could not grasp how people believed his web of lies.
Now that he has been taken to court and he himself admitted that he has nothing to show forth of investor money but cars, furs and expensive luggage...I figured people would get their heads out of the clouds. Please explain to me how you plan to make investors rich and you don't even have a team of lawyers on staff to defend you against serious charges such as these...you need a public defender appointed?!?! With $7.2 million in assets you most certainly should be able to afford the best darn lawyer money can buy...especially since you have all these "gold mines" and "oil reserves" in your portfolio.
I knew this man was as crooked as a barrel of snakes. Seriously...look at him. I mean at least Bernie Madoff had an actual place of business and employees...this man had only himself representing Petro. The others are for the other phony businesses he claimed he had.
This was a BAD SCAM at its finest...I hope they can get more that $600K out of him.
Stay far away from him and any of the crooked people associated with him. There will be no "getting rich" and he is not "for the people" and the only one being repeatedly "blessed" is him. Tell me what has Owen done for any investor lately but spew lie after terrible lie?
Do not ask me anything. You said it is legit so it is. I know enogh inside info about PAC to give to the SEC. You can read all about it when the SEC publishes it's findings. I am not going to argue with any of you...like you all said we will see. If you are RIGHT then PROVE me wrong with verifiable data.
Why don't you use your energy to produce some verifiable financial data for PAC? Just do that. Guess what... You or anyone else will ever be able to. By the time I am done with PAC for their bogus mess they will wish they never sold me those bunk shares.
They are going down...the sooner the better!
I just spoke with SEC. I was advised that the SEC was unaware that Petro KS and Petro DE have merged. I am in process of sending in my certs and other information over to him...the SEC eluded to the fact that they are under a serious investigation for misrepresentation. This is fact. Do not take my word on this. Any of you are free to use the number nicely provided by kej and you will be told the same thing. They want cert information elect or paper. Now since this is not a scam I expect for you all to willingly call the number provided and turn over any information they ask for. If PAC is doing appropriate business you all have nothing to worry about. Next is the MO Atty General... It is time to revisit with them about PAC.
again save your remarks, to prove me wrong about PAC come to me with verifiable financial facts.
You are right egal you can do as you please with your money. However, that will not stop others from pulling the layers back on this S C A M. As I stated in earlier posts, if PAC is doing nothing wrong why are you speaking. The facts will speak for themselves. The reason you have so much to say about us "nay Sayers" or "sheeple" is because you are HOPING PAC makes good on their promises. Instead of listening to Mr Owen, get on the phones...call the SEC, someone was very kind to provide the info. Again, there is NO verifiable financial data of any kind to back any of Mr Owen's claims. By all means keep following Mr Owen and his schemes, but for those on this forum who got in because of a friend...we are here for them.
Good thing you did not get SUCKERED like the rest of us.
that is his escape clause after he DUPES the unsavvy investors.
I saw that... I plan on calling and emailing them today! I also have some licensed brokers loooking into the stocks.
There is no need to name call. Provide some verifiable data.
I do not claim to know everything. I choose to research. Obviously you do not need me to help blowing your money... You have already done that with PAC! Try keeping your money.
Exactly Harleyboy... Mr Owen, just show us ONE business.
Harleyboy... I think we are working against ourselves. We should buy diamond mines in Araknsas and get the PAC believers to buy our stock. Clearly they do not do any research, or ask for financial data so we could be rich.
I guess it is a good thing I choose to be honest and seek truth, or I would be a millionaire now.
Let me correct you... "Sheelpe" was the term Dreamweaver used to describe me for having a different prospective of PAC. I was responding to Dreamweaver's comment. So before you accuse me of calling anyone "Sheeple" read again. That was the name one of your fellow PAC believers coined us non-believers.
I am in process of contacting reputable brokerage firms to inquire about PAC Ks or De or which ever state they will be in next month. I am also contacting the SEC. Again, if they are conducting business properly none of you have anything to worry about. I am tired of going to the make shift meetings listening to them spin bullcrap.
Do not be upset with me because I seek truth. I'd rather research for myself instead of taking someone's word.
Let me see if I understand this correctly. Calling a business to get information is disrespectful?!?! If this is incorrect, please let me know.
Let me know when you make money! I havefaith also...ahahahahah!
Sheeple, nice. It amazes me how "adults" get bent out of shape when you do not agree with their direction. I guess people get upset when you call something they believe in a scam. Call it what you want. Dreamweaver, I have faith...in God not Petro. That does not mean that you agree with us sheeple.
I have been following Petro since the latter part of 2007 and each time they were supposed to IPO something prevented them from doing so. Seriously, if it was not one thing it was another. Really bizzar things that savvy brokers would know to have covered. They kept making excuse after excuse and it finally became a joke every time Owen said they were about to get paid. I hope it comes to pass this time and you all at least get the money you invested back. Here is the best of all. The business was on Pershing and State of MO issued a cease and dissest. I am sure they worked through that by moving to Kansas.
All I ask is that you do your homework. I do not like to see hard working people get taken. So I stess researching before taking part in something some fast talking salesman is trying to sell.
How many of the individual selling Petro stock have a Series 7 or a Series 63 license? If the answer is none then find someone with a license to sell you stock of any kind. Also ask management to provide the demographics of the people investing with Petro. I am curious as to how many doctors, lawyers, CPAs and other professionals are investing with them. Another thing I find interesting is that they have so much money but every time they want to have a conference call you have to call a long distance number. They cannot afford an 800 or 866 or 877, so at least the shareholders do not have to pay to hear the latest spin on the company?
I have been to a few meeting and the meeting locations are very odd for a lucerative business such as Petro. There are a lot of red flags involving Petro. So buyers... BEWARE!
So my next test is to contact a representative from Ameriprise, JP Chase and some other random reputable firm to discuss Petro and allow them to do some investigating into Petro stock. I mean stocks is there business and they have to be licensed to work at these establishments. I will keep you posted.
Save your angry responses. Allow light to be shed on this subject. If Petro is doing nothing wrong then you have not a thing to worry about...RIGHT!
The good thing is you still have your city job. KEEP IT! It is dreamers like you that keep mess like Petro going. Hey matter of fact, I have some stock...it is .01 per share. Give me $200 for 1,000,000,000 shares. That will be a new outfit for me...LOL!
The point is show me 3 reputable brokers that can vouch for PTRZ. I got better chances of hitting the lottery! Don't get mad, be able to accept positive and negative feedback. I decided to place my money with reputable companies that are trading on NASDQ and have been for years. However you are just like me a working individual so I hope you get rich when PTRZ iop's sometime in the not so distant FUTURE!
I am new to this board. However, I have read most of the posts. Where is the verifiable financial data. I see they have purchased a few gold minds, but where is the financial data that has been compiled and verified by an outside source other than some affiliate of PTRZ. I understand with business you have to take risk, but this seems like a scam. I am not here to deter anyone, but Instead of listening to people that want unsuspecting and unsavvy people to purchase in their items, do some ground work. Contact reputable stock brokers and get their prospective. Do not be mad when the leaders of this deal are living large and you are broke because you did not take time to research for youself. Better yet if you just want to give money away, at least give it to chairty!