Replies to post #7767 on Pilgrim Petroleum Corp. (PGPM)

[masc2279]

Buying stocks should be a decision you make but i believe we will make money on both the dividend and the buyback because to do so they should disclose the true value of he company and show what assets are being transfered / sold to ACLE which in turn drives up the value of the stock this is the first step to transparency that will benefit the stock holders.

From my calculations our shares should be around .015 - .025 but only disclosing the true value will bring the price up to where it should be. But there could be more or less than what we are hoping for.

[mazmania]

1 share of acle for 3130 of PGPM. Not sure how that helps, I have a million shares of PGPM, at that ration, ill have 336 acle shares, then times 2.2, thats about the same net worth as pgpm shares. So where is the value??

Sorry a bit confused. Everyone last week was talking about .02 - .30 valuation for our PGPM shares...i liked those numbers better!

[awesomebummer]

The trouble, in part, is knowing what exactly is the "dividend?" Is it ACLE stock in the reverse-merger buyback program? Is it cash? Something else? The PRs have been written so poorly, almost to deliberately obscure their meaning. And when you look at the 8-Ks, there is some definite plan involved, that the attorneys and certai management only know. This includes the movement of assets between affiliates, convertible promissory notes (?), and "ratios." So far, everyone is guessing...