Replies to post #23566 on Petron Energy II Inc (fka PEII)

[tom56]

It was in s1

hase price of $0.00028 (equal to 70% of the closing price of our common stock of $0.0004 on May 22, 2014), we will be able to receive up to $378,000 in gross proceeds, assuming the sale of the entire 1,350,000,000 shares being registered hereunder pursuant to the Investment Agreement. We previously received $119,120 and issued an aggregate of 300,000,000 shares of our common stock under the Investment Agreement. Accordingly, we would be required to register an additional 33,938,857,143 shares to obtain the balance of $9,502,880 under the Investment Agreement. We are currently authorized to issue 15,000,000,000 shares of our common stock. If the price of our common stock does not increase enough, we will be required to increase our authorized shares in order to receive the entire purchase price. CPUS has agreed to refrain from holding an amount of shares which would result in CPUS owning more than 4.99% of the then-outstanding shares of our common stock at any one time.

[Memphis Locksmith]

Swim, your an intelligent woman. I am certain you have heard the Biblical quote: "The borrower is beholding to the lender". The sad fact of the matter is we all jump whatever hoops we have to whether it be for the purposes of obtaining a mortgage or working capital. I'm already in this thing so deep (my DCA is .0012 just like Floyds) so yes your going hear a lot of words from me like "hope" and "future" and my personal favorite "two weeks from now".

I can't be cynical, all that's going to do is eat me up inside. Personally I don't think FS has some nefarious agenda. However we are all subject to poor judgement, and Smith is only human.

Hope all is well in the motor city.