Replies to post #17474 on Pilgrim Petroleum Corp. (PGPM)

[I Like Bottom Fishing]

*PILGRIM PETROLEUM SEC FILING and Updated DD*

http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001441336&owner=exclude&count=40

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Mailing Address 4400 WESTGROVE DR., SUITE 106 ADDISON TX 75001
Business Address 4400 WESTGROVE DR., SUITE 106 ADDISON TX 75001 [phone]

Pilgrim Petroleum CORP CIK#: 0001441336 (see all company filings)

State location: TX | State of Inc.: DE | Fiscal Year End: 1231
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Filings Format Description Filing Date File/Film Number

SC 13G Documents Statement of acquisition of beneficial ownership by individuals

Acc-no: 0001514715-11-000001 (34 Act) Size: 7 KB 2011-03-29 005-86156
11719437

http://www.sec.gov/cgi-bin/browse-edgar

http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001441336&owner=exclude&count=40

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DD by: butby2 on the PGPM ihub board:

bytby2 Member Profile bytby2 Share Tuesday,
April 05, 2011 11:33:42 AM

Re: balamidas post# 17406 Post # of 17472

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=61731107

Arcland Energy owes us $40M Below excerpts from ARCLANDS SEC 8K

Company’s completion of financing of at least $125,000,000.

Kumskaya Neft project, in connection with a proposed transaction by and between the Company and Linem whereby the Company will acquire 75% +1 of the shares of outstanding capital stock of the Kumskaya Neft project in exchange for the issuance of a certain ownership interest in the Company to the shareholders of Arcland.

http://www.sec.gov/Archives/edgar/data/352912/000101738611000042/arcland_2011march15-8k.htm

Pilgrim Petroleum owns 10% of Arcland and with Arclands 125M in financing Pilgrim will get paid

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[2hars]

I'm with you on this bytby2, too many good things to come. I wouldn't sell yourself short laz. Buckle up and enjoy the ride!!!
2hars