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Sunday, October 27, 2019 12:43:12 PM
Based on filings, the officers of Pilgrim on 5/15/17 were
Rafael A Pinedo, Chairman
Stephen Richardson, CEO
On 6/19/17 the chairman was:
Rafael A Pinedo
On 6/29/17 the SEC suspended Pilgrim for accounting and disclosure issues.
On 6/29/17 Rafael Pinedo and Stephen Richardson resigned as Chairman/CEO and Sam Smith named new CEO.
On 6/19/19 Wyoming SOS changed business status to inactive for tax delinquency. They have not been reinstated.
I don't know what happened after Sam Smith became CEO. There aren't any filings since the suspension. Was there any wrongdoing in the 2 years since Pinedo left, or did he just take over a company in disarray with no hope of success?
Sam appears to be knowledgeable and well-connected in the industry. Maybe with this fresh start by founding Rigworx, he can accomplish what Pilgrim could not. As of now, I see no other "scams" related to Sam Smith.
Douglas Disanti vouches for his integrity. That's worth something to me. I'm not one to just carpet bomb everyone with the scam label because it's fun.
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