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Interesting volume with no news and no dip to 1's?
Somebody get me the address and I will try to drive down there this weekend!
Barry should be showing up soon to add his 2 cents along with petrit LOL
Does anybody know the name of the company pumping or working these supposed wells. As far as I know PGPM consists of a half dozen admin employees. You never hear anything of the companies working the wells?????????
Huh??? Big retail buyers? I support GBOE but to say that the 5 grand spent here today is big retail buyers is not accurate. I could have done that myself.
That's the line Ralphy has been feeding his shareholders for 5 years now. I have watched this stock hit a high of .25 per share and crumble to .0001. Be careful with this one. Just trade the heck out of it.
I'm in petrit. PM me with your personal info and I will give you mine. I'm in for $500 bucks cash. Put up, shut up or just go away.
ROFLMAO!!! It's funny watching them squirm.
Your english is perfect bro' read your past posts. Very, very transparent and amusing indeed. :)
GBOE short interest link from buyins.net
http://www.globenewswire.com/newsroom/news.html?d=187084
MM's trying to keep her down cause they know a close above 3's and it's lights out for their short positions.
Thanks for showing up Barry. A run usually occurs after you show up.
The problem with this board is when somebody does communicate or share info they ARE labeled as a pumper. The whiners come out of the woodwork and bash the person who did the DD. Some of it could be via a phone call with no link to back it up with so you get a little gun shy after awhile when you can't prove it in black and white.
If you are not happy please sell your shares cheaply to me. BTW how is the Adam Marek dillio working out for you guys these days. I can understand your distrust for pinky's after that ordeal. Are their corporate offices still a cheap motel room???
Hey who spent or made the whopping $32 buckaroos!
Don't forget the shipment of fuel for the DOD in June
I agree ez and congrats on the nice purchases, you will be rewarded handsomely. I have never in my life seen such a bunch of whiners with little to no patience whatsoever. I can understand the wait may be longer than anticipated for a few around here but they haven't read any of the incredible DD that has been done here. They haven't followed the story which has been laid out and still in it's infancy. They just show up periodically asking silly questions.
Sweet!!!!!!!!!!!!!!!!!!!!!
If this stock is truly the real deal with revs in the billions as has been mentioned and institutional investors placing their customers here a R/S will not matter as long as you have accumulated multi-millions of shares. If your sitting on 500K shares expecting to get rich that's out of the question.
In GBOE. Need a good run and close above 3's and it's game on!!!
I've been filled on 3's a few times
Nice! Right on the money. Couldn't have said it better myself.
I don't think they've launched the new website because as a previous post stated they want to add as many finalized deals and factual info as possible. We have all seen what a PR here and there will do. It creates a paradise for flippers to stall any significant and sustainable run. Once these deals are finalized and realized, the PPS is going to run where flippers won't cause the usual impact which will allow the PPS to be supported a loftier level.
That's because Mack will be in charge of cultivating relationships. Many of these new relationships in the Renewable Energy field will be political figures. i.e. State Representatives, congressman and so forth up the chain. Makes sense to keep the entities separate for now.
I agree with snowdog too! What's the sense of calling the vendors and asking for information? I agree in doing harsh DD but it has all been said. Read the quarterly report between the lines. BS is actually saying something. SYNJ is beyond phase 1 and into phase 2. He understands that the proper valuation of the company has yet to be reflected due to lack of information that has been provided. This thing may be much bigger than we all thought or moving ahead faster than they thought. Mack is still running SRE/Pinnacle and running the Consulting company independently due to the "Extreme Sensitivity" of his relationships. Cough, Cough Obama LOL. It sounds like BS is dying to say something but has to wait until some details are finalized.
Marshall Energy Group LLC. (MEG)
In December, 2009 the board proposed resolutions charging McCutheon Marshall Jr. the
President of Sentinel Renewable Energies S.C. Inc. / Pinnacle Energy Inc., the
company’s subsidiaries, with the task of launching Marshall Energy Group LLC.,
(MEG). The Company is to operate as a non-affiliated political consulting firm designed
to cultivate national and international alternative energy projects. The Board recognized
that the relationships fostered by this endeavor would be politically sensitive in the
extreme. The Board further acknowledged that the Company had now evolved beyond its
development stage activities and was engaged in the process of purchasing assets and
moving toward revenue generation. However, the market had not yet bestowed such
recognition upon us. To complicate matters further, prudence demanded that we delay for
a short period, our decision to commit to our original warehouse site until we complete a
comprehensive analysis of an 11th hour offer by the State of South Carolina regarding an
alternative warehouse. Therefore, in our opinion, benchmark achievements having the
potential to positively alter the public perception and stock valuation of the Company
have not yet been realized nor reflected in our stock price. As such, until decisions on
these developments are publicly disclosed and the market has the opportunity to adjust to
more favorable valuations, the Board decided that the efforts of Mr. Marshall Jr. would
better serve the Company if he remained at his position with SRE S.C. / Pinnacle but,
operated MEG independently. It was therefore determined that MEG, for lack of a better
description, would operate as a non-affiliated sister company with the primary directive
of (i) identifying projects and initiating embryonic development programs and (ii)
advancing them up the line to a capital structure and financing phase. At that point
Syndication Inc. would then be engaged to execute those capital structure and financing
initiatives.
PILGRIM PETROLEUM CORPORATIONNOTES TO FINANCIAL STATEMENTSDECEMBER 31, 2007C. Significant EventThe company sold eighty percent (80%) of its’ net remainingproved undeveloped reserves in March 2007. The Company receiveda note receivable in the amount of $1,640,000 and received stockin the acquirer in the amount of $40,000,000.
Pilgrim Petroleum Announces General Energy Corporation Signs LOI for North Texas...
Thu Feb 22, 2007 7:03am ET
http://today.reuters.com/news/...GPM.PK&storyID=124522+22-Feb-2007+BW
Pilgrim Petroleum Announces General Energy Corporation Signs LOI for North Texas Oil Exploration Project IRVING, Texas--(Business Wire)--General Energy Corporation today announced the completion of a Letter of Intent ("LOI") to purchase 80% Working Interest (NRI 61%) for prospective oil resources in North Texas properties with leases covering a total of approximately 12,500 acres owned by Pilgrim Petroleum Corporation (OTC: PGPM) (FWB: PHV). The transaction outlined a sale price based on Pilgrim's Net Present Value of $52.05 million. The total price equivalent for the transaction will be $41.64 million; which will be paid in cash and stock on closing. A definitive purchase agreement will be completed within 30 days.
Ask O'Bryant about the shell game that Ralphy and Jeffrey Fanning were playing with General Energy, Lariat Energy and the $40 million worth of land they were playing with. Who owns the land? Where is the money?
Another pump and dump orchestrated by Ralphy. Must have been payday and they were out of funds. He just put somebody else up to it this time. ROFL.
Glad I dumped most of my holdings.
Ask him what happened to the $40 million worth of land???
It's right in the quarterly report on the yellow sticky.
Marshall Energy Group LLC. (MEG)
In December, 2009 the board proposed resolutions charging McCutheon Marshall Jr. the
President of Sentinel Renewable Energies S.C. Inc. / Pinnacle Energy Inc., the
company’s subsidiaries, with the task of launching Marshall Energy Group LLC.,
(MEG). The Company is to operate as a non-affiliated political consulting firm designed
to cultivate national and international alternative energy projects. The Board recognized
that the relationships fostered by this endeavor would be politically sensitive in the
extreme. The Board further acknowledged that the Company had now evolved beyond its
development stage activities and was engaged in the process of purchasing assets and
moving toward revenue generation. However, the market had not yet bestowed such
recognition upon us. To complicate matters further, prudence demanded that we delay for
a short period, our decision to commit to our original warehouse site until we complete a
comprehensive analysis of an 11th hour offer by the State of South Carolina regarding an
alternative warehouse. Therefore, in our opinion, benchmark achievements having the
potential to positively alter the public perception and stock valuation of the Company
have not yet been realized nor reflected in our stock price. As such, until decisions on
these developments are publicly disclosed and the market has the opportunity to adjust to
more favorable valuations, the Board decided that the efforts of Mr. Marshall Jr. would
better serve the Company if he remained at his position with SRE S.C. / Pinnacle but,
operated MEG independently. It was therefore determined that MEG, for lack of a better
description, would operate as a non-affiliated sister company with the primary directive
of (i) identifying projects and initiating embryonic development programs and (ii)
advancing them up the line to a capital structure and financing phase. At that point
Syndication Inc. would then be engaged to execute those capital structure and financing
initiatives.
This is old news. The plant in Kingstree is in the IBOX. SYNJ received an 11th hour bid from the state of SC to look at a new site that we are waiting to hear about.
Waiting on some funds to clear before adding more
Got my 3's thank you!!!
I'm sitting at 3's if ya got any for sale!
“In my opinion, Mac is the best in the country and soon to be an icon in the alternative energy production industry, but, at this time, I don’t like talking about it. Our competition reads like this: Saudi Arabia Oil; Qatar Petroleum; Abu Dhabi National Oil; Chevron Corporation, USA; Exxon Mobil, USA; and the list goes on and on. In fact, in the world of energy production, ‘alternative energy’ is the greatest threat to the existing industries profit margin. In my opinion, it’s also a fact that in an effort to subsidize the ultimate shift in market profitability, they have launched attack teams to seek out ‘upstart’ companies and steal their potential markets in both financing and production capabilities. The thing that worries me most is that they have literally billions of dollars in assets to do it with. It is for these reasons that Mac and I have chosen not to release news on our many accomplishments already achieved. In the interest of my shareholders and the Company, it’s best to be quiet for just a while,” said Sorrentino, the CEO of Syndication Inc.
ROFLMAO that's funny Wombat. I was wondering when you would show up. Congrats to you pal. It's been a long, long, long time and I hope it pays off nicely for you.
No sweat bro'. Get me the addy for the alternative site and I am there.
Hollaaaaaaaaaaaa!!!!Weeeeeeeeeeeeeeeeeeeee
Pics of the old proposed warehouse now in the IBOX. Either we have an alternate facility as some suggested or we now have 2 warehouses in SC. Get the other facility address and I am all over it!!!
I still hold a nice position here. Glad to see things finally moving in the right direction. GLTA.