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Re: Bravo19 post# 11500

Saturday, 01/29/2011 12:20:58 PM

Saturday, January 29, 2011 12:20:58 PM

Post# of 13200
Petro America was not an investment gone bad;

It was a premeditated scam to get people to buy $100 units of stock by lying to them telling these people that they were investing in an oil company with $millions in assets and every share they bought was worth $2 per share. Once Petro America realized how easy it was to steal all this money from people the story grew and the more Petro stole. Nothing issued by Petro as "stock" or "certificates" are valid. There are no investors or shareholders; only victims.

It is well documented here;

http://www.justice.gov/usao/mow/news2010/hawkins_indictment.pdf

Good luck.

You never lose on a stock until you sell? Tell that to the "Long" whose $10,000 penny stock "investment" is currently worth 25 bucks.


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