Pilgrim Petroleum Corp. (PGPM)

[deanna-hopkins]

So what do you think the conversion rate will be with the acquiring company's stock? If our PPS is valued at a dime per share; relative to a major oil company's PPS what will we get? I see 1:1000 with a $10.00 stock being sent to us. Just my guess, ONE NEW SHARE for every ONE THOUSAND SHARES of the new company with a $10.00 per share currently trading and compliant company that will or already has been earmarked for M&A with our sweet little crude stock of a PGPM puppy dog.