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I'm back, and been holding long and strong!
I'm betting PGPM is one that ends up coming back, not selling any shares, holding tight for the long run.
Cool story bro....me too
I'm Not selling PGPM next monday, once shorting agenda is over and company finishes complying with SEC we will be back trading OTC, until then, Grey market. If anything this is forcing the company to become current with SEC and make amends. IMO will pay off for all longs who hold through. Besides I dont see a point in selling off my position for peanuts now when in a few months or so we could be trading normal again with current status/audited fins.
IMTV heating up for a 100%+ day
I'm willing to bet theres alot more than 900 shares short...
Pgpm will be fine, the shorts that called the Sec to report them will be gone a few months from now and we will continue the reconstruction of the company.
they had the same response to my last email from last night. I'm thinking today or Monday.
it says questions came up, among other things etc all after the word "because" meaning thats the reason they were looked into..someone prob called the SEC about them and started asking questions, they weren't current for some time and they suspended them... But the actual suspension is due to lack of current information.
I think you need to reread the SEC statement of why it was suspended..i have it in bold to make it easier for you. here you go
The Commission temporarily suspended trading in the securities of PGPM due to a lack of
current and accurate information about the company because of questions that have been raised
about the accuracy and adequacy of publicly disseminated information concerning, among other
things.
Dude its right here, this is what the SEC said....im not making it up, its coming direct from SEC..
The Commission temporarily suspended trading in the securities of PGPM due to a lack of
current and accurate information about the company because of questions that have been raised
about the accuracy and adequacy of publicly disseminated information concerning, among other
things.
SEC suspended them because they were not current with their filings as we all know, that's what we were all waiting on, Now we will trade on Greys until they get current...or they never will...
The Commission temporarily suspended trading in the securities of PGPM due to a lack of
current and accurate information about the company because of questions that have been raised
about the accuracy and adequacy of publicly disseminated information concerning, among other
things.
lol that would be crazy if they wanted to get suspended so they could buy shares on grey market at an insane discounted price. Then they end up filing current with the SEC and end up approved for trading on the open markets again lol...would be wild.
I got this reply from the company right before they got suspended, just never shared it, figured i might as well. They claim they have made it clear to us they had all non-producing wells.
BPD
I
Info <info@pilgrimpetroleum.com>
Reply|
Fri 6/30, 9:02 AM
You
HI
We have been very clear in our website and PR's numerous times that we have non-producing properties.
Thanks
Investor Relations
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>
>
> Hello, I would like to know how many barrels per day (BPD) you are currently producing. I'm under the impression you are currently in operation. Please correct me if I am wrong.
>
>
>
>
> Sincerely
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>
>
> A concerned share holder
WC
Fri 6/30, 3:52 AM
Hello, I would like to know how many barrels per day (BPD) you are currently producing. I'm under the impression you are currently in operation. Please cor
yes, that's a real SEC filing.
I meant it WAS looking good as far as a restructuring company goes, looked like a great prospect, obviously not right now.
Who did you call? we could all call and file a suit then if that's the case... IF they actually are scammers..so far we know nothing other than they didn't have audited financials in order for SEC time limit. Everything looked good for a restructuring oil company in progress (ground floor). Now we will see soon..make it or break it.
no not until the 14th
still have the share buyback to look forward to, thats huge, but that may not happen now until after they get right with the SEC and file to begin trading on an exchange again, we'll see, But im sure this is far from over, this is more like the ground floor. I may be able to pick up super cheap shares finally and average down. Once they come back and in current status/ SEC reporting it will pay off. I dont see this being deregistered/revoked. IMHO
it could, stocks on grey market can be extremely volatile.
I've never had any problems like SEC suspensions with posted OTC Markets current status though, anything with a stop sign/ yield or skull and cross bones is a major risk, so I cant be that mad if I lose my $, but highly disappointed....very
CEHC was a total scam, was suspended and then delisted, lost thousands few years back on that, I still hold the shares in my account just in case.I vowed i would never buy anything not current because of it, but I believed PGPM may not be a scam,( was a risk to take with high rewards compared to potential loss) and may not be delisted, they may recover from the Greys and uplist. There are stocks on Greys that have done well also..anything is possible, as long as the company is doing what they say they are doing everything will be fine if you hold. No point in selling this low if you bought in the .008 range and above IMHO. Hold and wait for a brighter day it may very well come and you'll be kicking yourself for selling. I
Why sell, wait for it to go down and buy aor just hold what you have, before the year is over I bet they will uplist from Grey's, once once requirements are met. I still believe in the company IMO.
Sounds great but still i cannot find the numbers anywhere, I want to know how many BPD they are actually producing/pumping out of the ground. I'm gonna try emailing them again
Where can I find how many BPD (barrels per day) they are putting out? I'm under the impression they are in operation correct me if I am wrong please.
How many BPDs (barrels per day) are these guys puttin out anyone know?
thank you, i emailed them last night on the infoUK@pilgrimpetroleum.com.
Anyone know whats up with the website? Data room? also Contact page seems to need fixed...whats the email people are using to contact company?
Oil moving up, that's always good.
anyone know whats up with the website? the contact page needs some work...Also whats the data room? anyone have access to it?
Right, gaps go both ways..
ok thanks
me too just was curious, wanted to see in anyone actually had an estimate or found some DD as I can not.
yeah i just posted it again about 15min ago...i know the OS / AS...i want tio know how much they are buying back..im excited as everyone else just curious as to how many shares thats all..
Does anyone have any idea how many shares they are looking to buy back? or dollar amount? Cant seem to find that out...This is the real question.. WE know the current OS and AS...2B
the OS is 2B same as AS...they just told us yesterday..http://www.otcmarkets.com/financialReportViewer?symbol=PGPM&id=174556
AMAZING NEWS, today is gonna be fun, looking for .10+ once CE is off, Glad I held my shares through that panic selloff. Long and Strong here.
all gaps filled, green week ahead, CE removal any day.
everything looks good here when looking at the big picture, if your swinging this or day trading than maybe not so much depending on your average entry, but for the true longs, we are fine, Everything is good with this one, real gem here, those P&D stocks can be fun too but this is a buy all you can to hold for months..maybe year(s). Once CE is removed it will clear a lot of confusion up for people and should hit new highs, then the positive news from there will drive this along as we grow and prosper. No worries here.