Replies to post #17341 on Petrotech Oil and Gas, Inc. (PTOG)

[ErnieBilco]

Nothing makes sense or adds up correctly on their latest version of "financials"

The AS shows as 500 million

The preferred A shares show 16,000,000 OS
but when you look at the ownership the numbers add up to 20,000,000

What kind of wacky math are they using and has their accountant actually graduated elementary school?

EVEN THE MOST POSITIVE SHAREHOLDER HAS TO ADMIT THAT THEIR "FINANCIALS" PRESENT MORE QUESTIONS THAN ANSWERS.

Very confusing stuff - have they been in government or something?

[smoking cohiba]

There appears to have been an error on the September
Disclosure statement I have seen the corrected statement
it will be updated on pinksheets
it reads as follows
240mm authorized
131mm issued and outstanding
series a pref
20mm auth
20mm issued /outstanding
series b pref
2mm authorized
0 iss/out
hope this helps