Replies to post #64127 on Pilgrim Petroleum Corp. (PGPM)

[Dallas66]

I agree 100% that that is the "hope". Unfortunately, the history of all involved, both past and current "executives"...and I use that in the broadest of terms...suggests that at the very minimum, they are extremely suspect, and NOT working in the best interests for either the shareholders, or the company in general.

Very rarely does a company EVER return from the greys. There have been some, and of those I would say MAYBE a couple may have survived.

And again, why would ANY honest, viable, and trustworthy company even consider becoming involved with such a train wreck as Pilgrim?Several people have asked for ANY information on the supposed holdings Pilgrim claims to have in Oklahoma. A quick search of the Oklahoma well and gas DB has zero listings for Pilgrim...where are the wells/leaseholds?

I've been a shareholder in this for 12 years...it took 10 years and a new P&D scam for me to finally get my money back...unfortunately at the expense of new bagholders.

I would say a person has a better chance of a nice lottery win than this coming back as a viable and honest company. Even if they were to get off the greys at some point...which could take years...what MM would sign off on a 15c-211.