PEII is a Mega-millions lotto ticket to me....nothing more, nothing less......
I invested in PEII as a role-of-the-dice....THAT's IT!!
This past week I thought PEII was toast!...NO BID situation.... I was getting ready to move on....
Then all of a sudden, A BID!!....and 500 million shares trade.....
Now Floyd coming on radio.....rumors of TX coming on line....
This little development stage gamble I have taken may just turn into something after all!
S-1......R/S......Dilution.......oh please......WHO CARES! ......I knew what I was getting into with a sub-penny stock.....
PEII is a development stage oil and gas company hanging on for dear life..... BUT its not dead yet....(to my surprise)
I do expect a 500:1 R/S at some point....plus some descent production PRs....that should support the new price....thus giving PEII access to an exchange platform and the S-1 funding.... If we get a R/S without any kind of solid PRs, we will get pummeled into oblivion.....
I'm gonna suck it up....enjoy the drama on the various boards and see what comes of PEII....
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