Replies to post #525 on Petro River Oil Corp. (PTRC)

[diy_investor]

The company has until April 16, 2015 to effect a reverse split of shares. If not done by then, shareholders will need to re-authorize a split. Detail is in the 2014 proxy.

Shares outstanding are 831.9 million after the Havelide GTL LLC acquisition. Management and directors own about a fourth of the shares. Page 23 of the proxy identifies management, directors, and other shareholders of significant share count.

http://www.sec.gov/Archives/edgar/data/1172298/000149315214000697/def14a.htm

IMO, this stock is worth holding.