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Re: tom56 post# 25785

Wednesday, 07/02/2014 5:18:55 PM

Wednesday, July 02, 2014 5:18:55 PM

Post# of 30645
My prediction. RS will go in effect. Share price should be about $0.05. PEII will have S1 approved and thus have funds available,if needed. PEII will report a potential 100 to 150 BOD. Income from oil will reduce need for S1 funds. Dilution will ebb and eventually stop. Share price was float to a value based on proven reserves and earnings per share. That is how it always works, provided of course we have competent management.
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