Petron Energy II Inc (fka PEII)

[mario3349]

I said it before and will say it again. The S-1 approval will LOWER the share price further and hurt shareholders. FS dilution is nothing compared to the accelerated dilution we will see if the S-1 gets approved. It will likely take 30 days to get the approval though and hopefully major production kicks in before then and reverses the S-1's effects or PPS will fall much lower. It ALL hinges on production! It's the life or death of this stock. Production means less dilution and that saves us all.