Pilgrim Petroleum Corp. (PGPM)

[PAI]

How do you say it is true when you have no idea what ACLY is actually worth? I'm sorry but that makes no sense because no one here knows the true value of ACLY. What happens to your scenario if they come out stating that ACLY has lots of value due to their leases, etc and we figure out that ACLY is worth $50 a share? (random number so don't think that is what I think it is worth) Do you still think it would drop?

Here is a post from masc2279 from earlier today that makes complete sense:

"No one here or anywhere can tell you what its worth because there has been no disclosure on what ACLY is holding including leases, assets, and cash on hand. they as well have not disclosed the Available shares, nor the true value of PGPM outstanding shares which would give us a way to calculate how much they plan to dilute ACLY to pay us Once they submit the 10-K and 8-K forms we should be able to see what they have and how healthy the company is. Then we should start seeing where ACLY will be for a better picture where we will be once moved to ACLY"