Replies to post #16722 on Pilgrim Petroleum Corp. (PGPM)

[ncpti]

A good question to ask.......see if anyone responds! Nothing wrong with asking questions! Everything should be up front in my opinion!

ncpti

[2hars]

I can't answer why he was hired, but I believe this answers how he became involved with PGPM.
JMO
2hars


Post # 15438

I and my good friend and business partner were offered the following under a 1 year contract that for me expires/renews Oct 19th 2010. X amount of cash paid to my/our privately held company, X amount of cash paid to me/us as individuals, and X amount of PGPM shares granted to me/us as individuals. The contract renews under same or greater terms on the date specified. I came across the company because my privately held company was seeking clients with pressure depleted distressed properties so that we could apply Enhanced Oil Recovery engineering to increase production for perfomance based compensation