I hate to see anyone lose money. That is what I was trying to keep from happening. Notice what I was preaching . The SEC thought the same.
It appears to the Securities and Exchange Commission that there is a lack of accurate
information concerning the securities of
Pilgrim Petroleum C
ORP
(“
Pilgrim
”)
(CIK No.
0001441336
) because of questions concerning the accuracy and adequacy of publicly available
information about the company since at least April 27, 2017, including, among other things: (i)
statements in a May 15, 2017
OTC Markets annual filing c
oncerning the company
’s total assets
and retained earnings; (ii) statements in a June 8, 2017 press release concerning a new funding
commitment from company insiders; and, (iii) statements on the company’s website concerning
oil and gas producing operations at the company’s pr
operties.