Replies to post #20335 on Pilgrim Petroleum Corp. (PGPM)

[Dallas66]

Problem is...there are no REAL assets. Pinhead has been playing this game for years...Do a little DD on Rafael Pinedo...you will see he is nothing more than a sub-penny scammer. Some of us unfortunate bag holders fell for his crap 10 years ago....great PR's...hundreds of millions in assets...the only thing that happened...WE (retail investors) got stung. The company went dark....now...it's time to wash, rinse, and repeat.

a bit of DD

http://www.bloomberg.com/research/stocks/private/person.asp?personId=21959163&privcapId=33301942

https://www.corporationwiki.com/Texas/Irving/rafael-a-pinedo/35651592.aspx

DD some of the companies listed

why didn't this company go ballistic back when oil was hitting $100 BBL plus...he had the "assets" back then as well...simple answer...it was and always will be a scam.


My suggestion is do a LOT of DD before dropping a penny in this.