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Re: Wishful Thinking post# 24684

Saturday, 05/13/2017 6:04:56 PM

Saturday, May 13, 2017 6:04:56 PM

Post# of 64475
Wyoming still has incorrect Articles of Incorporation showing 5 Billion Authorized Shares (as per Investor Relations). How is PGPM going to consolidate their entity and private parent Pilgrim Petroleum PLC if the Articles are incorrect. THEY CAN'T!

Moreover, if there was a real consolidation between Parent & Sub, that information would have been disclosed in the Articles of Incorporation filed with the Wyoming Secretary of State (SOS) office. There was NO mention of the private parent Pilgrim Petroleum PLC. And nothing has been filed from 4/28 to present to indicate such transaction has or will occur. Therefore, there's no consolidation in the works, and the $330 million of assets (if they really exist) stays with the private parent, not PGPM.

When this scam unfolds, PGPM's stock price will plummet.

All imo