Replies to post #3698 on Petro America Corp. (fka PTRZ)

[GNOTE]

One would think

[MWM]

It very well could if they are close to funding...

[joenatural]

That's what I told Matt, that the investment community might make it $3.00 to $4.00 by themselves. I can only surmise that any split will be evaluated at the time the merger becomes formal and approved.

"It just does not make since to do a reverse split with 31 million shares os. It should reach 3.00 or 4.00 ps without a rs"

[dmbao]

Kind of what I am thinking. Plus I thought I read some where the CEO owns the majority of the present stock in the company?