Petro America - Kansas Corporation

[nodummy]

yes there was a first audit done. According to Teresa who sent this email out in late February:



"There is a conferece call every thurday eventing to keep us informed of the progress of the company. they are so close to the IPO date. Some figures for you. You can buy for one cent, the book value with the opinion letter from the accounting firm $ 24.00 per share

First completed audit value $279 Billion divided by 12 billion issues shares = market value $ 24.00 per share

and this in a follow up email:

"Hi, to any of you that have been keeping up with the information and conference calls from Owen and Johnny, will take this availability to pick up more shares with a positive note. There asset base is great that Coke a Cola but they are cash poor. The auditors are going over Petro's assets for a 2nd time to ensure everything is correct. The first audit came to $279 Billion in assets not including the over 20 goldmines and the 180 oil and gas wells and leases. They want to open on the market debt free.

The funds are being raised by a shareholder donating her shares to new investors to pay for the additional costs of the 2nd go around with the auditors. The reason for the 2nd audit is the disbelief that Petro has that large of asset base. It will be the largest in history to enter the market."