Petro America Corp. (fka PTRZ)

[egal]

Good evening Petro fam. Sorry I couldn't get back to you right away I was in a session all day. Good thing too I missed all of the panic but it's cool Im not so fazed by this.

Thats a lot'a meatball lenacarr. But Ill try to give some perspective.

First off looking at todays decline and the large volume can mean a variety of things one might be a panic and a sell off but I doubt that because it would have tanked even further if that much confidence was lost.

Secondly another leverage move could be considered but jugging from past low volume when that accrued I would rule that out.

The only other option is an individual or investment group with sufficient assets to buy in at a lower rate, affecting the over all market value of the stock (Bulk Purchases).

While it is possible to control the market value of a company in this manner it is also illegal to do it for the purpose you suggest. Unless the purchase price is at a legitimate compensated price that would be Short selling and it is against regulations.

As far as the assets being on the books it still doesn't mean the filing process is finished. Owen and the TA mentioned that there was still some to do. So the "Books" he was referring to might have been the company's portfolio, which still has to be filed.

And yes The regulatory comity has to survey all of the companies assets and see which can comply with regulations as viable insurance against share value. And as XPVP bloged the assets like the gold minds might fall under that category. They are not tangible assets but projected and only would receive partial or no consideration at the time of registration.

XPVP I would like to point out that PTRZ has only percentages
of those minds and extraction might not be their end of the agreement. PTRZ might be the leverage the extracting company needed to produce and refine the ore.

Im still confident PTRZ will make a come back I like the progress so far. When it was at 68 I was confident for $100.00
But if you remember I also was looking for the momentum and Im still concerned that the delays are causing a shift. I still feel it will bounce back but its better to move with the river instead of against it. My advice be patient hold on and see what the week brings.