Pilgrim Petroleum Corp. (PGPM)

[js49886]

No its in Texas. & conveniently has the same address as Pilgrim.

Last year pilgrim said it was their subsidiary, now its a separate, private entity giving them "stock" worth tens of millions... Gee, that sounds funny doesn't it.

This G.E. deal they had seems to have taken place to funnel the assets from Pilgrim to G.E. which is a private "company". This way Pilgrim itself really has nothing but an I.O.U., before you know it G.E. will declare bankruptcy & Pilgrim's private "stock" in GE will be worthless. Thats just speculation. but anything can happen with this shell pos