not much of what you cited matters here, it is just the same 4 things you keep saying over and over with no substance. Unless you can show me that SK energy is part of the SK group from Korea, then that would be huge as they have money. But its not, it's Simon Kukes. I'm guessing you know very little about this company and for that matter how it works to be in business. and i'm saying that to be an ass. But you not shown me anything to make me think otherwise PED has very little income and zero infrastructure. but has 6 well paid board members. What Kukes did was negotiate a release of debt with buy outs of pennies on the dollar with his investment. Basically taking a company that was getting swallowed up by debt and creditors and keeping it from bankruptcy. The very second he made the deal PED started accumulating debt again just to operate and pay its 6 employees and the interest payments it makes to Simon Kukes for his LOAN to them. It needs tens of millions of dollars to explore and drill. It has to PAY that money to others to do the work. In their own fillings it showed they are borrowing up to 80 million dollars to do so. So the question is what part of this don't you understand ? The companies doing what PED is supposed to do earn BILLIONS. At its last couple quarter's of reports PED loses money. To turn that around Kukes either needs someone else to jump in with capitol or infrastructure as in a drilling company or he needs a shovel LOL. The best scenario is PED gets bought for its leases and dirt. that's basically what Kukes did in his take over. He may be flipping this company? They don't even have a real office in Houston, its one of those places you hire to answer the phones and have a meeting room for you. just Google the address. I'm not telling you to sell or anything like that. I'm just telling you to get real and be real. I get you, You and I man are in this thing from the bottom trying to keep it moving to have a large score. but you may have missed it. shit if I spent 10k on it at .036 cents I would have bailed at any of the 3.00+ points you saw and put that in Square or Visa or paypal, companies that earn like mad and are more then likely to split. you would be fat city by Christmas
