Replies to post #50865 on Pilgrim Petroleum Corp. (PGPM)

[Chiron]

BUY!!!!

[pennypirate]

I tried to explain this earlier lol

[big green tractor]

and there ya have it folks ....

Thanks for posting !

[deanna-hopkins]

What is a "corporate action"?

[Santes8]

Just received the same.

Info <[e-mail]>

Today, 2:28 PM
Hi

We can NOT increase shares, issue shares or do any corporate actions .
Thanks

Investor Relations


>
>

[rudyboy]

Lol.... pinky world....

[skichic]

Thank you, that is what I expected! Great News!

[Alinswift]

Got the same email sounds like the same bs that was fabricated a month ago

[doogdilinger]

Of course they can NOT increase or issue shares now...because as of today their available treasury stock is now maxed out at 2B.

There's been well over a dozen emails from PGPM's transfer agent today reflecting that PGPM's O/S is now 2B...which means they have now maxed out their available 2B Authorized Shares.

The question mgmt. and/or IR should be providing clarity on...is how the heck approximately 850M shares got added to PGPM's O/S since their last OTC Markets Share Structure update which was posted on April 27th reflecting an O/S of 1.15B>>>

http://www.otcmarkets.com/stock/PGPM/profile

So either the company is not telling all or their transfer agent is lying!

[TESLA777]

No offence but he should put out a PR about this and not email shareholders. Rafael has already performed Corporate Actions recently...

Selling a 3 million dollar Private Placement is a corporate Action, setting up a Corporate Status in Wyoming is also, increasing the O/S is the same.....