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zipperman

07/02/14 5:18 PM

#25788 RE: tom56 #25785

My prediction. RS will go in effect. Share price should be about $0.05. PEII will have S1 approved and thus have funds available,if needed. PEII will report a potential 100 to 150 BOD. Income from oil will reduce need for S1 funds. Dilution will ebb and eventually stop. Share price was float to a value based on proven reserves and earnings per share. That is how it always works, provided of course we have competent management.