Pilgrim Petroleum Corp. (PGPM)

[leoJustice]

I did some DD on insider trading. I found that if you buy into more than 5% ownership in a company you are not allowed to sell for 6 months. If you do you must pay a fine of at least 3 times what you earned and there are other consequences as well. So…the 15% bought into PGPM at .0008, to the cost of $120k must (and will) be held for 6 months minimum. Gives a little insight. It begs the question to me, is the investor (Doug M.) aware of something that we don’t know or is he merely speculating. However it is encouraging that we can buy at/near or below the same price as him. This is mt DD and could be outdated data, but that’s what I personally came up with. I welcome your thoughts!