Pedevco Corp. (PED): IMO, the pps for BESV should only go upw...

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Pedevco Corp. (PED)

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Friday, 11/18/2005 11:10:27 AM

Friday, November 18, 2005 11:10:27 AM

IMO, the pps for BESV should only go upward as we approach December. Can you imagine what kind of revenues and profits BESV will be gererating in the months and years to come as they continue to construct new rigs? I believe it was stated that each rig is capable of $6,000,000 in revenues per year. I can see these rigs being used worldwide and with only 36 mil. shares O/S, this could bring strong value on a per share basis to this stock. That's my reasoning for having a good batch of BESV. Everyone needs to go to the company website at www.blastenergyservices.com and view the rig and audio/video workings of the rig.

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