Pilgrim Petroleum Corp. (PGPM)

[QTRADERQ]

A look back at the scamy history of PGPM

Oct. 20, 2016 ~ Pilgrim Petroleum Completes $330 million Acquisition of Controlling Interest Oil and Gas Assets
https://globenewswire.com/news-release/2016/10/20/881262/0/en/Pilgrim-Petroleum-Completes-Acquisition-of-Controlling-Interest-Oil-and-Gas-Assets.html

The reaction in the stock price on 10/20 was nil (.0001 to .0005 and back to .0001 the next day, the next week, the next month). The company is dark and no 8-K's were filed. All the company's mentioned in the PR were founded and run by the same person. Total conflict of interest. None of the transactions are at arms-length.

And no wonder .. IHub posters were calling PGPM a scam.

NOW the SAME PR is being recycled as new "news" because of a fantasy merger with the private PLC parent which likely does not exist. All make believe, smoke-and-mirrors

Here are some posts on Oct 20th when it was announced the private parent Pilgrim PLC was acquiring a 79% interest in the shale assets ...

looks like dumpage started around 10am this morning with now over 90 mil traded. I wonder who is "buying" and "selling" these.

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=125932183

I'm out f this pos

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=125952887

10 1/2 years Every PR was total bs, yet no one went to jail. It would be nice to have someone 'not on the take' as the next SEC chair. Drain the swamp, so what if wall street and CEOs end up in the can.

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=126552443

All imho