Proper Power and Energy Inc (fka PPWE)

[sinful]

Geetings PPWE investors:
Hope all is well with you and your investments.
Having done a fair amount of D/D I have came up with more questions than answers.
Hopefully some of y'all can help me with my concerns.
I see that the company's business model is to explore for oil.
1) I know that it takes money to purchase leases to be able to explore.
According to the 10Q it doesn't have any appreciable money. (I believe around a 100k).
2) The company has no funding outside of its primary shareholder (whomever that might be) and a considerable note payable May 2011. With no revenue nor any in the forseeable future.
3) Let's say the company does find some oil on one of its leases... then what. What do they do with this knowledge?
Do they sell it to an oil company or what?
The company has no assets except for some seismic equipment valued @ around 30k. So it is obvious PPWE isn't going to do it itself.
4) There are a half billion shares authorized, and if no funding is found, the company will have no choice but to issue more shares.
5) April this year the stock sold for around $0.35... now its under $0.04.
With this knowledge at hand, why would someone invest?
(that remark is not meant to be derogatory, only inquisitive)
Appreciate any insight anyone may have...
sin