Pedevco Corp. (PED)

[plaintif2000]

i have no idea, i have wanted details regarding alberta for
a long time, i have a great many thoughts regarding alberta,
laurus, etc. right now i think that they are counter productive
and detract from the big picture, imho besv has
been given a CHANCE, not entirely unsusual for the otc.bb/pink
sheets, but then again not by any means common, we know we
have experienced management at the helm, we are in a sector
that to some extent is protected from the price of oil, demand
is important and the bull market oil is in is only mildly
cyclical over a many year period, many on this board will sell
in a year and forget it some will trade like bman and expand
there position, imho if we can keep our hands out of the
cookie jar--that is not spend our winnings but truely treat
it as an investment, there could be a HUGE payoff holding on
to this for another several years (3 to 5), near term imho
there will be fluctuations primarily because of payments due
to laurus and the continuing shake-out of the blast rigs

right now we have 2 solid businesses 1.) convential drilling
and 2.) satellite services, i should really update the
page info, i'll get to it, because i dont think its fair to
count the blast rigs as a certainty, further they are no
longer necessary to the long term success of the company.
the department of energy deal sounds interesting but imho
its really just going to be used to modify the rig design
i consider the feds to be tight with money so i am not going
to bank on it being hugely acreative to the company just
yet

p2k