And that was with NO oil production and just BS promises about oil shale. Now there is OIL production and it will be A LOT more soon. Everyone invested here needs to understand this is not rocketing to the moon on good wishes and fairy dust or an overnight sensation. It takes time for crews to finish wells and is long, hard, dirty work. FS has crews he hires do this work, that's why there are so few employees folks. This is a record busy time for drill rigs and crews in Texas. They are backlogged with work. I think that by the end of August we will see a major turn around of PEII share price, UPWARDS!. Until then sell me all the shares you want at these prices. By end of November this will be flying high and it's not even a Marijuana stock! And, no I'm not smoking that to get to these determinations. I base them on facts about oil recovery techniques and research into that and all I can find in this company. I think FS wants OIL on line and coming in fast! He can sell far more higher priced shares with a success then a failure and make tons of money. This stock will NOT go up much UNTIL Synder-Simmons comes on line with additional revenue, until then it will gyrate between .0035 and .01 IMO, AFTER an additional 35-50 BOD kicks in though, you will be kicking yourself for not buying more here NOW. You all want overnight sensations, instant gratification, PEII isn't there yet! When FS finally delivers watch all the tunes change!