Petron Energy II Inc (fka PEII)

[Russ49]

Startup companies sell shares to venture capitalists in return for money to get the company going. The companies frequently have nothing but an idea and a business plan. If the idea and plan are sound, then the company makes money and the stock rises. PEII is no different. To me it seems the business plan is sound and there is strong potential for oil. Once the first wells produce, the share price will rise. Both the revenues and authorized shares will allow PEII to work on more wells, buy more leases, and grow. If the profits are good, then the company will grow exponentially. I put the odds of success at better than 50-50. For a small bet, you could make a lot of money. It won't happen overnight. We should see revenues in 2-3 months. Significant profits in 6. One year from now it could be very big. You need to have patience for this.