Oh no, some one will buy it. "If" it did a R/S today @ 1500:1 it would only have 258,558 OS "if" @ .15/share the float would make it attractive right up until massive dilution would happen again. Make no mistake, FS will eventually get this to $1.00/ share territory likely by next year if things go to his plan at all. The problem is, FS did it all with investors along the way getting nothing in return, unless you are in the "last" batch of investors... the ones that aren't subject to massive dilution and R/S, they reap the benefits of all who has come before and all there investments that disappeared into the FS scheme. PEII will be a good "investment" some day, just not today or anytime in the next 60-90 days in my opinion, based on what FS laid out today on the radio. Not to say you can't play it and make money off it, if you are very careful. All IMO.
