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kozuh

02/03/05 10:05 PM

#3531 RE: stanu78 #3528

Ron and stanu, concerning PYOL

I owned PYOL about 4 years ago when it was selling for about $1.00 per share. Back then the float was about 15% and about 75% of the shares belonged to blood-relatives (the family). In summary, the family was fat and happy and was satisfied with the status quo.

However, as Oil and Gas prices started ramping up, a civil war broke out within the family; one big faction wanted to grow the share price and cash out. This faction must have won the civil war, because today the float is well above 50%.

Unfortunately, I lost patience with PYOL about 3 years ago and sold out. The present run of PYOL is making me a very bitter gas-oholic, who lashes out viciously at authority figures (eg, Bobwins, hweb, Sheriff Len, etc.) for no apparent reason, other than they deserve it for daring to exist. I hope this helps.