Petron Energy II Inc (fka PEII)

[TESLA777]

I think your referring to a BIG BOARD public company and not a penny stock, fact is almost all penny stocks are structured so that only one or just a few people have the control and voting rights of the company, this tends to be the CEO and BOD's of the company...when folks invest in OTC companies they need to be aware of this beforehand, and understand how these companies fund themselves, or that they could increase the A/S or O/S or even do a R/S without shareholder approval, thats a chance you take when you invest in these type of companies..it always has been, and it always will be...

Anyone who researches penny stocks and reads the 10-Q's and 10-K's will figure that out pretty quick IMO...

You stating that Floyd will take this company private for about 700 K USD is nothing more than a scare tactic, and nonsense...and is completely your opinion, I see no clear evidence or proof to back that up at all...