Petrotech Oil and Gas, Inc. (PTOG)

[livinginstyle]

No idea how many shares have been absorbed so far. That said, I just bought in last week so I was not here to previously view the action. My guess would be they have been issuing shares to the float for a while now. That could be what stopped this last run around .027 so there might not be that many left. Again, that's just my guess but it would make sense. This week might take care of it.

Even with the expanded share base, not a whole lot changes as far as valuation goes based on what the company has guided or indicated IMO. Reason being, if the issuance of shares pays down debt as stated by the company, then the balance sheet has been strengthened in lieu of added shares, hence a trade-off.

I look forward to a much higher share price in the not-too-distant future. Time will tell and so will Q2 financials.