Petron Energy II Inc (fka PEII)

[mario3349]

If CPUS and the SEC bothers to look at the PEII share price prior to approval then either it won't get approval (due to dilution happening now that is suppressing share price) or PEII will have to manipulate the price above .01 again somehow. Only three ways that can possibly happen. Either another reverse split (very unlikely, even for FS), share buy back to raise price temporarily, or produce oil and lots of it soon. I'm betting on the last one because it's the only one FS has a hope of doing and not getting tar and feathered by all speculating (trading) PEII shares. Just food for thought. By the way if the S-1 does get actual approval (for real this time) and there is no additional (50BOD) oil production then this is going to not be pretty here in PEII land. All my opinion but no matter what there will be a push to get this back above $0.01 within the next 25 days.