Petron Energy II Inc (fka PEII)

[mario3349]

Cakes10, I agree with your analysis, for the most part. It's a REASONABLE way to look at this stock, at this point. Little has been shown in the way of production numbers and that worries me A LOT! The share price could have been boosted considerably with a production and sales update on ANY of the wells and we hear nothing on the pipeline and any revenue it brings in; which alone, SHOULD be a significant revenue source, unless it's hooked up to a bunch of dry wells. That's why I stepped back from this stock and still view as high risk.