Pilgrim Petroleum Corp. (PGPM)

[blackshirej]

The state filings never show the OS...the OS fluctuates, the AS remains the same unless they file for an increase.

I do believe there is a mistake somewhere though.

The transfer agent should have an accurate OS considering that's their entire job and they of all people should understand the difference between AS and OS, BUT federal regulations also prevent PGPM from issuing shares under their current status and none have been issued for years so it doesn't seem like suddenly they'd just violate federal regulations and issue shares out of the blue. I don't see them risking jail time and jeopardizing everything they've done to become current all of a sudden.

This is something PGPM should be able to rectify on Monday during the course of a phone call or two.