Replies to post #7769 on Pilgrim Petroleum Corp. (PGPM)

[masc2279]

Well understand we don't know where the value is. We don't know how much the company has and that should be disclosed shortly. But technically they only have to pay you what you currently are worth. Now is that to say they will, no because if they don't do right by us future investors will see that they did not treat there stockholders well so why invest. also understand that the board owns allot of the PGPM shares so they would like something from this merger to, so they should not screw us in the long run. GLTA

[awesomebummer]

This is another part of the lack of communications from management. CEO Pineda indicated in an email posted on here that he "was sure" the stockholders would be pleased or happy. If we saw a straight exchange of shares at current market values, how would that make anyone happy? I can do that now, selling PGPM and buying ACLE...less commissions!

I'm cautiously optimistic, but then I was sure my OSU Buckeyes would win each of the last two BSC games, and you know what happened.