Pilgrim Petroleum Corp. (PGPM)

[deanna-hopkins]

It can take 3-5 YEARS for the SEC to write their arguments and set a court date for disgorgement. The SEC suspension being lifted DOES NOT mean the SEC investigation is over or they have closed the case. Just like any detention, they SEC can only detain their constituent's business for 10 days. This was their "chill period" to gather facts. Just like a murder case when the suspect either is set free or charged and posts bail. All this means is that the SEC will continue to monitor the monkey-truck-screw beinging stripped here and then after all the criminals have finished shooting each other, come in and bag up the bodies. THat's all they do, they're like a study hall monitor for the last period of class. THey just want to go home and can care less because they don't submit a grade or have a standard of compliance with us, just with themselves. So it's like mental masturbation, you can either say you had a great date or a bad date, and no one really cares because it's all in your head anyway. Reporting something to the SEC is like reporting a UFO to the Airforce, it;s all made up to begin with, including the Airforce and their whole identity. Really, like they think they are birds or some other creature than human.