Petron Energy II Inc (fka PEII)

[zipperman]

Having listened to FS Money for Lunch comments, I detected that FS has a real concern for the welfare of PEII's stockholders. He knows he reduced corporate debt by $2M at the expense of stockholder's value. He said that 100BOD was break even with 140BOD yielding good cash flow. He seemed to imply that there should be some news releases on oil production before the RS. I suspect that if the sites start producing at 100BOD or above, both the RS and dilution are off the table. I know other posters are going to ring my bell for these comments, but they are JMHO.