Petron Energy II Inc (fka PEII)

[mario3349]

So if you were FS and you saw your common shares reduced to ashes by a toxic S-1 agreement constantly killing PEIIs share price and locking it in a range of .0002-.0003 then what would you do to save the company from going down faster then a $2 "you know what"? Well, if FS actually has oil to sell and that looks to be enough to support the company, file an RW with the SEC to get out from under the financing agreement (yeah, did that). Get oil sales happening ASAP and hope you pump a crap load of oil FAST! That alone will start to attract many investors in PEII, then STOP or phase down the damn dilution ASAP; 8.3B to 8.5B shares OS is quite enough thank you. Killing the S-1 could be a GREAT thing for PEII's share holders, IF and I say IF the oil is there to support the company from here onwards. A RS might be in the cards too but don't see anymore than 10:1 to 100:1 range, if at all but ONLY if oil starts pumping at an aggressive rate. IMO.