Replies to post #17124 on Pilgrim Petroleum Corp. (PGPM)

[cableguy]

but is pushing the envelope, bending the time element, tweaking the space continuum!

I'm not trying to cause decention in the group, so if you feel the need go ahead and delete this post it was really meant for you, perhaps you have an idea/clue???

as a mater of fact I would appreciate it if you would delete it. Thanks.

I also remember when he posted this, don't get me wrong I like that he post here, (I'm in a stock now that I can't even get a email answer kinda burn ya up) I just wonder if he remembers that he posted this. kinda makes him look bad. IMO.


PGPM_COO Member Profile PGPM_COO Share Thursday, February 24, 2011 7:59:21 PM
Re: None Post # of 17125
Letter to OTCMarkets.

Via:
Email & FedEx

To:
xxxxxxxxxxxx
Issuer Services
OTC Markets Group, Inc.
304 Hudson St
2nd Floor
New York, NY 10013

From:
Matt O’Bryant
President
Pilgrim Petroleum Corporation
4553 Jimmy Doolittle Drive Suite 6
Addison, Texas 75001

Re: Caveat Emptor status change of Pilgrim Petroleum Corporation’s stock symbol

February 24th 2011

Mr. xxxxxxxxxx,

Pilgrim Petroleum Corporation must strongly object to the placement of our stock symbol PGPM to Caveat Emptor status on OTC Markets.

As explained verbally by you, the justification for you to place our Company on this status level was based on your claim that our symbol had excessively high trading volumes, while in the past, we have had higher trading volumes while under stop status but at that time were not moved to the Caveat Emptor classification.

Pilgrim Petroleum Corporation must also strongly protest OTCMarket policy on failing to notify our Company in advance of the Caveat Emptor status change. This policy is in our view highly unethical as your company had accurate contact information and Pilgrim Petroleum could have easily corrected your grievances prior to causing our company financial damage.

Please be aware that no Board Member, Officer or Employee of Pilgrim Petroleum Corporation was involved in the trading activity that occurred. We were not even aware that the symbol had even traded for the day until approximately 1pm EST.

For your review I have provided copies of our past two quarterly financial statements as well as an OTCMarkets application and a check for reinstatement. We wish to have this issue resolved as quickly as possible in order to control financial damages to our company, post our quarterly financials and release a PR statement clarifying current operations at Pilgrim Petroleum Corporation.


Sincerely,

Matt O’Bryant
President
Pilgrim Petroleum Corporation

[masc2279]

True he wants it removed but he is the one who got it there in the first place by not submitting financials and the proper information. So he is the only one to blame. Its easy to be mad that something happened since thats easy but keeping it from happening is far harder. And if its true that he had a company looking to buy PGPM well the only one to blame that they ran after CE is MATT for not doing his job and submitting the proper financials and paperwork.