Pilgrim Petroleum Corp. (PGPM)

[bobbertino]

So, it's "worse" than a 75% loss from the $40M Note.
How much worse? 90%?
Even at a 90% loss, 10% of $40M would be $4M.
At this point, I'll take it.
With, of couse, HUGE u n r e s t r i c t e d
shares in ACLY.

Even if we only get $4M (10% of the Promissory Note),
that would make the PGPM pps .004.

And it will give us CASH to get this
Corporation that I invested in
back in shape to actually produce something.

I agree.
NO promissory note.
NO worthless paper.
NO restricted shares.
NO B. S.!!!

I wish I could get away with only paying back
10% on a Promissory Note. Yeah, sure. Like that
will ever happen.

All skepticism and sarcasm aside, it does a p p e a r to be a Win - Win situation for PGPM.

Unless, of course, we get screwed again.

I have optimistically revised my Green Date to Thanksgiving, 2014.