Ok I will explain this nice and simple, then I will post the links...
Pilgrim petroleum corporation (PGPM) acquired all of Arcland Energy Corps Assets... Chairman of $PGPM, Rafael Pinedo then became Chairman of both Pilgrim Petroleum Corp and Arcland Energy. He was also Director of their partner company Pilgrim Petroleum Plc.
Arcland Energy was loaded with unlimited assets, future potential earnings in the 100's of millions.
Their was one asset in particular that caught my attention, I believe is a game changer!
Arcland Energy chairman Mr. Pinedo made a deal with,
Russian company ZAO Neftemontazhspetsstroi ("ZAO") to acquire a 74.99% ownership interest in Kumskaya Neft, LLC ("Kumskaya Neft") (Kuma Oil) private independent oil and gas exploration and production company in the Russian Federation. One of the leading OIL and Gas industry's in RUSSIA!!! The
acquisition between the companies relates to the completion of final exploration and the construction of infrastructure on the Kumskaya Neft oil and gas production project, located in the Khanty-Mansy Region of the Russian Federation. In addition, Arcland will maintain the rights to develop, own, operate and manage a pipeline project reserved for its own oilfields and other targeted areas in the Russian Federation.
Yes Russia!!
Trump,Russia, Rex Tillerson CEO ExxonMobil, now Secretary of State,
Tremendous Energy ties for PGPM!
So Rafael Pinedo was in power of Arcland Energy Corp when this occurred '2011' Mr.Pinedo is the real deal! In the business for over 20yrs
He was in charge of 3 major oil companies all at the same time. Insane! Making deals with Russian Oil Companies. Billion Dollar industries.
Now I was unable to find any further information regarding the acquisition. Obviously we now know $PGPM was not listed on the market for years. This perhaps was the reason for the Caveat. IMO Mr. Pinedo had to have somewhat of a relationship with our Secretary of State Rex Tillerson. Rex was dealing with Exxon inside Russia for years.
Bottom line is most of us knew from the beginning that this was trading very strong from the beginning when they filed. We had whales slapping from the very beginning. Then No dilution to a 3 milly investment slap. We knew something big was behind this... Mr. Pinedo has world wide recognition and that comes with many rich followers. Can u imagine their PR coming out. It's going to be insane! Good luck to u all! This is going to make everyone here very wealthy! The key is to be patient, they aren't going anywhere.
