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Re: dreamweaver post# 10217

Friday, 02/26/2010 10:31:39 AM

Friday, February 26, 2010 10:31:39 AM

Post# of 12022
Wonder what will happen to the people buying into PTRZ? Do you think IF Petro ever gets things going, he will merge in PTRZ. I don't think it can be done that easily, but not sure about that. They could choose to let PTRZ flounder until it dies. What's the incentive to merge into it, when they talk about being cash poor.....When you bought into the company, throught the multi level....did they say you could have an oportunity to make money on your shares, before it hit the market??? They didn't with me, but I was not in on the ground floor, and was wondering it they offered that to the original people....to keeping them in....it gives an appearance of legitamacy....seems like the people bringing others into the company, have some sort of incentive....it was hard for me to get out, because I wanted to believe it...but at the moment Owen said they were held up in the TA because they were doing "background checks", that was the lie that made me wake up and see the truth...It sounds like we have had similar experiences with this company/companies....the companies Petro is buying seem to be financially in trouble, (at least, that's what I've been able to dig up)so, if that's true, then the ASSETTS they are claiming on the books, sounds too high, you have to take into account the debt these companies have...is this a way to prop up the companines?? OR, if Petro buys into an almost broke company, then the assets are not there either...

if the mines were producing, then why sell, since gold is hot right now....nothing makes sense.....

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