Petron Energy II Inc (fka PEII)

[Feedthemonster]

I NEVER understood all of the touting of TX and its "10bpd." Why would ANYONE spend one penny on this if they truly believed the Simon/Snyder leases were capable of 100+? It makes NO SENSE WHATSOEVER!

As I see it...either Floyd pulls something very big from way out in left field or it's just a matter of time before a class action suit. With all of the PR's and his own words on the radio show he will be in deep poop. Not to mention...the last two months (conveniently while the website was down) 6BILLION shares were diluted in LESS than 2mo! So...the SEC should simply say "where did the $3M dollars go that you raised the last 3mo? It obviously didn't go to pumping oil....some went to a downpayment on new leases...but there had better be CASH ON HAND and not a new Corvette in the garage.

Gonna be very interesting over the next 6mo. to 1yr....VERY.