Replies to post #3339 on Petro America - Kansas Corporation

[egal]

5 27 2010 Summary Owen's Update Call



As you know there haven't been any Summary Updates written for the last few weeks. Teresa Brown has asked me, "JJ", to write up this Summary tonight so we can get Petro news out to everyone as soon as possible. We want to have everyone in the loop for information as we get it.



The Conference call started tonight with some technical difficulty on the phone line. Once straightened out Owen thanked everyone for bearing with them and he continued the call.



Due to that telephone difficulty we were unable to hear the Kansas City Shareholder Group with the usual "shout out". Owen continued by thanking lots of people by name who had come to Kansas City this week to visit. I apologize that I didn't get all of those names. Each of you are to be commended though for your time, effort and loyalty to Petro by coming to Kansas City for the visit.



Petro will have the paperwork for the filing of the 15-C-211 together either this week or next week for sure to the attorney. Then it will go to the Transfer Agent for the Symbol and then to the Market Maker.

[egal]

There are always exception to any rule but the point being it's been a bad run for most of the major players and trends indicate it will get worse before it gets better. I would look at the activity surrounding the oil spill the company that helps solve that will see a huge boom in the near future.