Petron Energy II Inc (fka PEII)

[TESLA777]

Its still a little vague if you ask me, I would like to see an 8-k come out with a little more clarification on that whole deal, like I said we'll see what happens next week with this LOI, hopefully they release more info on it.

http://www.otcmarkets.com/stock/PEII/news

CORRECTION - Petron Energy II Signs Letter of Intent to Purchase Minority Interest in Bakken Shale Deal

Dallas, TX, Oct 31, 2013 (PRWeb.com via COMTEX) -- In the news release, "Petron Energy II Signs Letter of Intent to Purchase Minority Interest in Bakken Shale Deal, issued October 30, 2013 by Petron Energy II, Inc. (OTCBB:PEII), we are advised by the company that the company has not acquired the 5% interest, as originally issued in the subject line of its press release.

Mr. Smith, the Company's CEO, commented, "The Company apologizes for this inadvertent statement and will undertake to ensure that such mistakes don't happen in the future. Also, we apologize for any confusion that this may have caused."