Powder River Petroleum International Inc (fka PWDR)

[golden08]

Have been going over the filling and found a few interesting points.

There are 20,500,000 warrents out.
All expire at various dates from .18 to .40
2,000,000 are set to expire on may 31
and another 1,000,000 on july 31st at .18
and 1,000,000 on july 31 at .24
So will they expire worthless. No one would execise a warrent at .40 when the stock price is .09
This is a plus in my mind as there will either be 4,000,000 less outstanding or the share price will jump to make those warrents worth exercising.
Looks like a win win

Also Sunrise securities holds 7,500,000 warrents at .25
Will they be left to expire worthless or will we see sunrise run the price up to make a buck?
They are in the buisness to make money and i cant see why they wouldnt want to make a quick buck.

Long term its easy to see .25-.40 again or even higher depending on the greed of sunrise.

Short term i guess we see more pain.

Another interesting thing i found was. Renco owes Powder 653,000
and brian fox is the principal in renco. How about Mr. fox give up a years salary to pay that debt. How about it Brian? LOL