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I've got just under 700k myself with a loss of 5600 or so. I was still buying on the Thursday then we got suspended on Friday. There are new rules coming into play soon so hopefully it changes here.
I'm holding 1M shares of this pig, and if Etrade would let me sell it, I could walk away with a $54 gain. But since they won't, Sam can't make good on his promise.
In 2019 Sam was tied in with RIXM Exploration and Don Dewberry. The website they were using is now defunct and available. When I spoke with Sam he claimed he was working on getting PGPM shareholders some value back. That was 2 years ago and still silent while he presides over UNRG. Maybe one day this thing will pop but I don't look for Sam to be running things if it does.
thank you.
as far as I know they must be "current" at 09/30/2021 (?)
During their last forfeiture, they kept the website and phone turned on. I called a few years ago and confirmed that this was their current address:
5057 Keller Springs Drive
Suite 300
Addison, Texas 75001
A little research reveals that this Suite must be a rent-an-office, because there are many businesses that use the address and suite number.
Out of ideas.
The odd thing is that most of the recent volume has come after that date. Someone must know something. Thank you for sharing that news and if anybody sees anything else please share it as will I. TIA
Thank you Texelbee.
Are we supposed to keep our stock and wait and see if they reorganize?
Looks like the last time that happened was 2010 and they reinstated a few months later (see image below). It'll be revealing to see what happens here in the next few months/year to see if this company is under tabs by someone. With all this volume though i cant help but imagine someone knows something thats not public. Thanks for the DD
Yes, I can!
When I run diligence on any business, I research the filings in the business's state of incorporation. Make sure you use the official state website vs. third party aggregators that usually charge stupid amounts of money.
Many states provide this service for free, but many charge for access. Sometimes, it's token ($1 per search), and in a few cases, it's several dollars.
In this case, I used the official website of the Texas Secretary of State: https://www.sos.state.tx.us/, and it cost one dollar.
Can you post where you found that so others can do DD like yourself?
Thanks in advance
On January 15, 2021, The Texas Secretary of State dissolved PGPM's charter for non-reporting.
www.pilgrimpetroleum.com website stopped working some time last fall and has since been reregistered: https://www.whois.com/whois/pilgrimpetroleum.com
The telephone number on file forever no longer works: 469-718-5568
Who is churning the stock of a defunct company?
We are green... pp are we going to the moon?
This company does not own any leases. That is pure bullchit. And this chit is on the greys. Be very careful, you may get hung with shares you cannot sell
All these winter storms and PGPM's price going up so much make me think that maybe hell has frozen over???
yes sir....that would be just fine
and it has in the past...even bigger
Randy check out $TIDE
It’s in similar field
Time for $PGPM to pull that kind of move, you think??
you should follow your own advice....see the pic below your previous post
or....let's make a date to talk about it in a couple months and we can see which is right
today's volume isd the highest daily volume since......07/19/2017
last week's volume was the highest weekly volume since 07/17/2017
gotta ask.......what's comes after volume......?
Olderman please update us if you can.
Otc disclosure act is changing tell him and get us current:)
whoever has been buying this week has already put in about $30K into PGPM since Monday alone based on volume and avg sale price
This Week's Volume is the highest weekly volume since 07/17/2017
The week it started trading in the grays after suspension
just fyi
Many CE's are starting to "WAKE UP" in the last 2 weeks. What we may be seeing is them being targets of R/M's and a lot of it could be "OTC INSIDERS" buying the ones who are making filings to become PINK again. There was a severe delay in many companies "who had filed the financials with OTC" being delayed for months!
Never under-estimate the power of those in the know, when it comes to many things and STOCKS IS ONE OF THEM!
Cheerz
Many CE's are starting to "WAKE UP" in the last 2 weeks. What we may be seeing is them being targets of R/M's and a lot of it could be "OTC INSIDERS" buying the ones who are making filings to become PINK again. There was a severe delay in many companies "who had filed the financials with OTC" being delayed for months!
Never under-estimate the power of those in the know, when it comes to many things and STOCKS IS ONE OF THEM!
Cheerz
Maybe, out of Chapter 11 or something?
Apparently under the new guidelines for Pinks this can come off the greys if they update company info. I'm trying to find the new law about it. This means it could potentially become trading again without the need for a MM sponsor.
With no news it's hard to tell but if I was gonna try one of these around I'd be doing the same thing on the sly hoping to get all I could. JMHO
Do yall think that this is a group of people buying or an individual that is loading prior to something that the rest of us dont know. I personally think its an individual but am curious what others' impressions are?
Crazy! I cant imagine whats going on but, LFG!!!
PGPM trading 5 million an HOUR?????? didnt think I see that
Reddit Rotation should be attracted to this one soon imo, they are buying all trips tickers!
It appears to still be a clean shell with existing leases and wells "if I am correct" and the biden administration has cracked down on new drilling. As always do your own and be sure my 2nd hand knowledge is correct. There is the possibility it has attracted someone with oil prices going up. JMHO
Guys, this company has gone out of business hasn't it? I have had a million shares for years. I missed the last 2 cent run up because I wasn't paying attention. What do you think is making this move??? Strange!!!
I'm very optimistic about this by considering what's happening in whole OTC markets overall , so I changed my target price from .0020 to .0050 now
biden said no new oil and gas wells/drilling and I think this is a clean shell with existing leases and wells. Anyone please correct me if I am wrong.
https://www.politifact.com/factchecks/2020/mar/20/facebook-posts/debate-joe-biden-said-no-more-oil-drilling-and-no-/
Biden: I am not against fracking. $PHPM
here is the way I believe they have a shot .....Biden has stopped all "NEW" lease in a great deal of the oil market.....PGPM has "current leases that would not prevent ongoing exploration or drilling etc
Everything in otc is going ham, so maybe we are part of this giant otc pump job. But what if Sam is trying to get the CE removed and get us current??? I don’t think he is a bad guy just got caught up in the oil boom. Just thinking out loud.
Its your money, wana invest in a scam go for it bud!!! $PGPM
I put up 620k @002 for schnitz and giggles just to see if it sells.
Me Too!! Lost 40K on this beast a few years ago, would like to get some of it back !!
Don’t know but Daddy likey! Come on, baby needs a new pair of shoes!
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