Pedevco Corp. (PED)

[aabot]

I asked their IR (Clark) about a possible dividend back in Jan. He replied "there is nothing to disclose on that front to date, noting the Company has not historically paid dividends as it seeks to develop its reserves and grow production revenue.". I replied back " I take it the main goal for the next couple of years at least is to reinvest and keep building the production capacity" and he confirmed that is the plan unless/until the Board direction changes.