Petro One Energy Corp CUDBF

july 28th news release

[Tornado69]

I believe worst case scenario they go back to the model that was in the july news release where they take no 4 million equity position in POP and instead increase the first phase funding to 18 million. They are commited they didn't have a big ceremony with news stations, korean gov't officials and korean business to just back out of the position because of a minor roadblock. This deal will be done. No equity position would actually be better IMO as we then don't get a 16 million share dilution ( although it's not a horrible thing with this type of deal).