Pilgrim Petroleum Corp. (PGPM)

[PAI]

ncpti: I don't have a premium account here. If you want to email in private send me your personal email.

As far as your question: the form 144D is on transferonline's website. The forms from TD I got from their website though I am not going to go through them. I am still waiting on some clarification from Transfer Online but I already talked to TD and they are mailing the restricted certs to me. They said it will take 3-6 weeks for me to get them.

TD did want to charge me $50 just to mail the restricted certs to my house but they waived the fee for me without me asking them. Maybe they felt sorry for me since I owned PGPM and ACLY. lol

I will let you know how it all goes but if you are waiting for me to finish all this it might be a couple of months.

Hopefully TD won't have any problems accepting the tradeable certs once the restriction has been removed. Matt stated that some brokers won't accept the certs until the yield issue is resolved with ACLY. Matt stated that they are working on removing the yeild issue (which you probably already know).

The next couple of months could be really exciting for ACLY and PGPM. Something I've dreamed about for some time now. Look at domestic oil production. I suscribe to stansberry research and they had an article that talked about fracking and how much money the companies that provide this service are doing. They are making a killing. What used to cost $100K a stage in 2009 is now costing $400K. The entire job used to cost $1-1.5M is now costing $8M. Domestic drilling should continue to increase. Canada is expected to drill about 12,000 wells this year. We *should* be sitting pretty here if everything falls into place...not just some quick spike and wait another year for another.