Premium Energy Corp. (PPTL)

[A44975]

Sorry everyone for the delay. I call Bruce on this number and left him a message not more than 2 min. ago.

I can not understand why Bruce couldn't get financing from Feb to July, all banks were giving them. However now, no banks are giving any loans, any they deem risky, even with an open flow test, until the bailout goes through and market settles down. Take it from someone who deals with many of the major banks in NYC. On the Today Show this morning, some crazy economic analyst stated that as many as 804 (notice the specific number he gave) over next year or two can go down. He also stated "that if you have money in the stock market, to take it out and not invest in it for at least five years, if you want to eat". Lastly he blamed everything on 9/11 stating it all started at this time, when we were in a recession and the gov't intervention is being felt now. This is at least the worst case report I've heard of since the early 1990's (I called him crazy because he blamed it all on 9/11, a little far fetch in my eyes).