Pilgrim Petroleum Corp. (PGPM)

[bud_fox]

The issue really is this. Ralph played one heck of a shell game with Pilgrim, American Petroleum and Lariat. He was basing his whole existence on the Gustavson Report claiming the leases were worth 40 mil. They haven't pumped oil it seems in years and the leases could actually be worthless. Why in the hell would institutional investors invest real hard cash in ACLY when in fact that could be worthless. Ralph should take his act on the road as a magician. He has managed to play the shell game and 3 card monty for years. Once all the dust settles and all the shares have been distributed it is going to be a race to see who can dump all their shares fastest knocking ACLY down to $1.