Petron Energy II Inc (fka PEII)

[nazulya]

Swi, there is nothing difficult, one way or the other it is a dilution. Below are definitions for both cases.

"Dilution occurs when a company issues additional shares of stock, and as a result the earnings per share and the book value per share decline.

Dilution can also occur if warrants and stock options on a stock are exercised, and if convertible bonds and preferred stock the company issued are converted to common stock.

Companies must report the worst-case potential for such dilution, or loss of value, to their shareholders as diluted earnings per share."

Now the last one is very interesting, I hope in their 10K we will get the answer for that one.

i told you that there is no interest whatsoever and that is why they had to dump below or at bid, but they have to be careful crossing 000, if it happens then loss of quotation and pretty much lights out IMO