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Re: godfather8 post# 13125

Saturday, 03/23/2013 6:19:43 PM

Saturday, March 23, 2013 6:19:43 PM

Post# of 13200

When will the stock trade after the trial?



It won't. Not now, not ever.

If it hasn't been abundantly made clear by the SEC and Department of Justice investigations and civil and criminal charges, Petro is, and always has been, a fraud. Most of us here have known that almost since the day this circus started, but now even the most die hard shareholders should know it, too. Nothing they claimed was real. It was a criminal enterprise established to illegally and fraudulently enrich the insiders and their friends. There are no assets or any reason to expend any money to fight the charges and clean up this criminal enterprise. If there are any assets recovered by the government and any money remaining after the creditors are paid and expenditure of costs, they may be returned to the "investors". But the chance of that happening are very slim.

Any money "invested" in Petro is almost certainly gone forever. If you do get anything back from the government, it will likely be a few cents on the dollar and consider that a gift.

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