Pilgrim Petroleum Corp. (PGPM)

[juanMN]

In response to your question @dallas66 I think the general hope we have is that they do become current and get off the grey sheets, and then have the share swap occur. The 'press release' did say "When the conditions of the letter of intent are met" which to me implies one of those conditions is becoming current and off the grey sheets. It offers hope that they are at least trying to do that right now, after which it will occur. I personally believe that simply getting off the grey sheets and being current will bring the share price to life and any then news of the share swap should also do the same.

GLTU