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Re: Arkdave post# 6715

Saturday, 11/02/2013 12:07:01 PM

Saturday, November 02, 2013 12:07:01 PM

Post# of 30646
Arkdave that is not correct and they are full of it, that is only for proxy inquiries, the % ownership absolutely irrelevant, you can own 1 share just one and they still have to disclose all supplemental information, that not even according to GAAP but SOX and PCAOB, I can't find any PCAOB registration for their accountant.
But I suspect that there got to be some footnotes or disclosures from their auditors about shares otherwise, those auditors can take some serious chances, honestly even if Floyd pays me $1000/hour to audit him, knowing what I know about Petron and their structure, I wouldn't touch it with a telegraph pole, too much risk. There is absolutely no doubt eventually Petron is going to be scrutinized, it is just a matter of time. Again, hate to repeat it, but if any other company would have done what Petron pulled last week correlated with largest volume..................would already have class action law suit.
Oh well IMO

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