Pedevco Corp. (PED)

[deanna-hopkins]

Not the news about the deal being done with each corresponding company’s Valuation pre-reverse-merger. So the actual offer and acceptance numbers need to be published. So far all we have are a bunch of notices of an upcoming notice. Sounds weird, however I think that’s how this is working. My prediction is PER holders will get about $2-$3 per share of PER they held which closed at $0.54 pre halt. Likewise this would be a 1.2:1 PER:PED reverse merger. Or maybe they’ll keep it simple and do a one for one and pay PER $2.50 a share in PED stock. So; the reason why PED ran up so much is that it will be what PER is converted in to. Like a wedding where PER is the bride and PED is the groom. PER will take PER’s name and her assets will be merged into her husbands home as one unit.