Petro America Corp. (fka PTRZ)

[honeyintherocks]

From what I heard on the calls, the 280 million dollars has been secured from the World Bullion Bank for the oil contracts.

This is just my opinion, but I think that all we are now waiting for is for the stock to move to the NASDAQ. I can't imagine Mr. Hawkins sending out certs for 5200 investors with the current price around .30. With the huge sell off that will insue, that could break the company. I think we will get the letters as soon as the stock moves to the NASDAQ. When it's trading between $5.00 to $10.00 a share, it can support the huge sell-off that will inevitably come. This should be any time now.

Of course they are encouraging us to hold on to some shares that can be used in the strips and coupons trades in 6 months time. But presently, at the current price per share, it can't support that huge a sell-off now. That's why I think that we do not have certs yet. Again, this is just my speculation. With the commitment of the World Bullion bank, I think we are VERY close now.