Pedevco Corp. (PED)

[PD4107]

the sec fillings are on TD and should be on any real broker page. if people have brokers that don't stay current they need to get a real broker. plus anybody with Google can keep up on sec fillings. so not really an issue. one thing that is an issue is that ped keeps going backwards on money in and money out ( profitability) and Kukes has to keep adding money. he should add staff and infrastructure and actually act like an oil company and pump oil. I have access to the well production info from Colorado and other states and I can tell you this with certainty, ped doesn't pump much oil. hence they don't make much money. ped is more of a land acquisition company. the good news is they may get bought up by a real oil producer. I really think that's Kukes intention. so probably a good long hold for that reason. but if people are trading ped based on oil prices they will be very disappointed.