Pedevco Corp. (PED)

[pete807]

Just now out of the truck's 7 hour run from the northern border. Lake of the Woods 40 miles into Canada.

Regarding Simon, I believe he is in great health, and loves what he does. Takes no salary!
PED has no debt and lives within its means.

Think "Legacy" as the SK Trust has the bulk and will run on his plan when he is gone as the core with perhaps royalties from his many patents tied to PED's unique methods of building energy production from his economy of scale formula. He is a wise man in total control, and never puts out fluff PR's to advertise. He lets the numbers speak, and his people do what they do best. I would wager he has well trained his people and trusts them completely.

-some background:
Dr. Simon Kukes has publish more than 60 scientific papers and two books on the oil and gas industry of Russia and the United States. He is also the holder of more than 130 patents, primarily in Oil and Petrochemical Processing.