Pilgrim Petroleum Corp. (PGPM)

[masc2279]

So lets say the 13,500,000 shares are going to be issued fairly across the 855,450,000 shares outstanding.

As of close today the share value of IMVS is 1.50 per share. if we calculate this thru we get a PGPM share vs trade Value at $0.0237.

If the stock jumps to the 2.00 mark we get $0.0316 per share of PGPM anything less than that it is a bargain to buy PGPM shares to enter IMVS assuming we are going to pass out the shares evenly thru the 855,450,000 outstanding shares.

If the stock jumps to the target $3.08 we get $0.0486 per share.

Assuming i did my math right this time PGPM is a hell of a bargin right now. And if these numbers are correct and we are fairly compensated for our holdings we could see a very good profit. But only time will tell.

I am interested in your opinions please share !

GLTA