Pedevco Corp. (PED): No Digital OilField I was cleaning over...

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Pedevco Corp. (PED)

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Alias Born	08/26/2005

Re: None

Tuesday, 07/13/2010 8:45:13 AM

Tuesday, July 13, 2010 8:45:13 AM

No Digital OilField
I was cleaning over the weekend and found the Blast bankruptcy filing. In it the digital oilfield was the driver of the future of the company. Projections for 2009 were about 20 millon in revenue and most of that was the digitail oilfield. The problem with having a product that is mostly made from off the shelf items so that it is easly copied. Or you work with anther comapny and the take all of your good ideas. Been thru that more than I can count.

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