Replies to post #62124 on Pilgrim Petroleum Corp. (PGPM)

[1manband]

They wouldn't, of course. And that is where all these reverse merger plays fall apart. Clean shells are not expensive. If a legitimate company ever does want to reverse merge, there is no shortage of clean shells with very limited numbers of shares outstanding and no debt.

Once a penny stock has been a scam, it will always be a scam. You can't reverse what has happened. That dirty shell is only good for one thing - to be used in another scam.

[deanna-hopkins]

Because; If the acquiring company knows that the merging entity pulled their own on campus frat house firealarm at the PGPM frat party and stashed all the kegs, lesbian BDSM show girls, strippers, DJ, bands and weed in the basement after campus security came at 9:32PM and closed their 9PM Friday night open to the public $5 a head campus party down after 32 minutes that in 28 minutes their secret 10PM private mixer invitations to the DELTA-DELTA-DELTA sorority and brother fraternity Phi Kappa Delta for a free open bar and entertainment are now good to go.