Pledge Petroleum Corp. (fka PROP)

[PennyStockTrader2]

wow, huge news we have been waiting for and this board hardly speaking up, so far. In fact I didnt even know about the news announcement until someone told me about it.

OK so 423 million outstanding shares fully diluted minus Irvingtons 215 mill shares fully diluted = 208 million shares left with $700K shares gives around .003/share left in cash for the rest of us fools, and obviously they will need to raise money to do any kind of business. That sounds a lot like a shell company with some cash and a lot of outstanding shares. CRAP!

I see a large bid at .0075 willing to take shares and wash our hands of this mess, and I am seriously contemplating that right now.