Pilgrim Petroleum Corp. (PGPM)

[Chartmaster]

Disagree, no proof presented yet of lies or fraud......
Suspension is " because of questions concerning the accuracy and adequacy of publicly available information about the company since at least April 27, 2017,"

The SEC is questioning the "accuracy and adequacy of publicly available information"

1. statements in a May 15, 2017 OTC Markets annual filing concerning the company’s total assets and retained earnings
2. statements in a June 8, 2017 press release concerning a new funding commitment from company insiders
3. statements on the company’s website concerning oil and gas producing operations at the company’s properties.

PGPM has responded:

"The Company has reached out to the SEC and cooperating to the fullest extent in this matter. We feel compelled to communicate with our shareholders in this instance so they are made aware of the circumstances surrounding the suspension. The Company would like to reiterate that, neither the Company, its officers, directors and, its controlling shareholders have directly or indirectly, authorized or been involved in any way, or the making of any false or misleading statements about the Company."

If PGPM can prove to the SEC that PGPM's statements of their assets, earnings, funding from company insiders, and website info about their oil and gas producing operations are indeed truthful as the company insists, then the market suspension will end and the OTC removes the CE. Don't be so down on yourselves people, I think PGPM is truthful here and the stock will rally again imo. Enjoy the holiday everyone!!! Today's Independence day...I feel like I stand Independent of those with opposing views, (Story of my life! lol)