Pilgrim Petroleum Corp. (PGPM)

[boxster2008]

Outstanding PGPM shares - last "official" count was approximately 1.5 billion and Pilgrim gets 13.5 million shares in IMVS. So, that equates to approximately 110 PGPM shares per IMVS share. With the quoted IMVS price of $1.90 (if it holds), that would yield an equivalent PGPM price of 1.7 cents. That all assumes no further dilution of either IMVS or PGPM.