Pedevco Corp. (PED): Keep in mind here, that the eventual obj...

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Re: in2it post# 397

Saturday, 06/10/2006 1:55:02 PM

Saturday, June 10, 2006 1:55:02 PM

Keep in mind here, that the eventual objective, as I understand, is for BESV to become a big company with many rigs generating revenues and profits in many places. I believe two more abrasive jet rigs are planned for the near future. I see the big picture as representing big profits down the road in an huge demand market. The multiplication factor(many rigs X solid revenues and profits) will be our friend, IMO. The stock is presently holding up well and appears,IMO, to be positioning for another lift. The end of day bid Friday was up something like .07 from the day before. I'm looking forward to seeing how we do next week.

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