Replies to post #19877 on Petron Energy II Inc (fka PEII)

[mario3349]

No takeover, Floyd owns 51% control no matter what, he owns the preferred shares that give that control. So, unless he sells directly, someone could buy ALL the common shares and still not be in control of this company.

[swimom]

I mentioned the possibility of a merger or sell quite some time ago as well as a reprivatization of the company. The trends lead more in a debt free direction than an actual production goal...IMHO.