Everything said was said to raise money. That was their business, free money buy pretending to make a profitable company. I'd like to know how they are pumping oil when they are all in 'meetings' or able to speak to us when we call. Seems like every single person in the company knows everything going on with the stock (that doesn't happen in real companies). Even the receptionist had share information for me. This is a tell tale sign of Petron 1, 2 (3? 4? well service, restaurants?) scam to steal money from investors. If they were not putting this money into production as promised on the radio shows then it is legit theft. We were owners of a company we have rights. That was OUR company. We paid the bills, we paid the salaries. No revenue and no legal abilility to sell oil if they could even get any. I'm sure some lost more than me and thankfully I averaged down and got out at that last pump and dump a month ago. Problem is I bought it at 1.5 billion shares; had no idea we would be this high now. Can never see scam coming when you're part of it. Really is a shame but I wonder if they shut the doors and reincorporate under one of his other guises. Take a look at his records, guy owns so many petron companies and companies not related to pumping oil. Sorry to everyone that was part of this misleading, defrauding company. Yes, that is exactly what happened. As a share holder you are entitled to the risks and potential, the potential was all that was lied about. Risks were there; however, we were lied to about them. Garunteeing share holder value and then dumnping billions of shares with PR's that had nothing to do with production. Once they R/S or shut down we are ready for a class action lawsuit. Maybe we won't get our money back but we may damn well stop him from using his other shell corporations to defraud investors.