Replies to post #48881 on Pilgrim Petroleum Corp. (PGPM)

[CEOs]

I called and got a 'Jeff'. Anyway, he was very tough to talk to. You're right that every answer is 'it depends'.

I think they just pick a random number at the end of work and that company they picked gets current. During the work day I think they play cards and answer the phone with 'it depends'.

[beer$$money]

Maybe you got an OTC newb & he can't depend on what he knows?

[Dallas66]

The general info is available on the OTC Markets website. They don't much like you to call them as you've found out.

http://www.otcmarkets.com/learn/otc101-faq#learn-market-faq4

When is the Caveat Emptor warning removed?

Generally, OTC Markets Group will remove the Caveat Emptor designation once the company meets the qualifications for Pink Current Information, has verified the information on its company profile on www.otcmarkets.com, and OTC Markets Group has determined that there is no longer a public interest concern, typically no sooner than 30 days. Information on how to qualify for the Pink Current Information market designation can be found here. During the time it is labeled Caveat Emptor, any stock that is not in Pink Current Information will also have its quotes blocked on www.otcmarkets.com.

Click here to learn more about the Caveat Emptor Policy.

some further info
http://www.otcmarkets.com/marketplaces/otc-pink

[One O'Clock Drop]

What the hell is the monitoring phase? Lame