Permian Basin Royalty Trust (PBT)

[floblu14]

I would appreciate someone from this board answer several questions. I ask this since my oil trust investment does NOT have an IH entry.

I've been in Biotech for the last 5 years. Actually done quite well. However, my major biotech investment started to go SOUTH several months ago. Therefore, I took my profits, sold all the Biotech & invested in PRT - PERMROCK ROYALTY TRUST. This was a random choice but I like the fact that it came out in May '18 at $17, I paid an average of - 12.15 & has a current 11%+ monthly dividend. (I'm getting older & need great income )

Questions -

1. After I bought PRT, friends told me to look at ROYT. It came out at 20 (when?) & is now around 2. Guess this is possible with any stock, but how do you compare your PBT to a ROYT?

2. Here's my PRT - Operational Update as of October 2018:
http://s22.q4cdn.com/510766723/files/doc_downloads/PermRock-Royalty-Trust-10-09-2018-Operational-Update_vF.pdf Opinions if this is a good or bad investment?

3. Are you concerned that there are NO unit holders meetings, NO unit holders inputs, etc?

4. Have any of these royalty trusts been bought out by a major oil company, etc.?

T.I.A.