Premium Energy Corp. (PPTL)

[A44975]

Mostly No: The only option left for him is going to hurt us even more. That is a 10 for 1 reverse split. This will bring the O/S share down to about 90 million (raising the market value of the stock from lets say .003 to .03), than do another public offering bring the market value down again, while he has the money to drill and we be left with an additional 90% decline in value of our stock.