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Nice day!
News!
https://finance.yahoo.com/news/petrogress-announces-exclusive-distribution-agreement-140000882.html
Exclusive Distribution Agreement Spans West African Countries
PIRAEUS, GREECE, March 06, 2019 (GLOBE NEWSWIRE) -- Petrogress, Inc. (PGAS) announces that its Petrogress Int’l, LLC (“PIL”) subsidiary has entered into an Exclusive Distribution Agreement with Dana Lubricants Factory LLC (“Dana Lubes”), a United Arab Emirates based lubricant oil manufacturer. The agreement designates PIL as the exclusive agent for distribution of products manufactured and branded by Dana Lubes throughout western Africa.
“We are pleased to add Dana Lubes lubricant oils to our line of products offered through our distribution operations in western Africa. Petrogress is committed to expanding our product offerings with trusted brands to cater to discerning consumers,” stated Petrogress Chief Executive Officer Christos P. Traios.
https://danalubes.com/
News!
link to today's press release:
https://finance.yahoo.com/news/petrogress-inc-announces-partnership-deliman-190000122.html?.tsrc=rss
Website has been updated! petrogressinc.com
Disappointed. I've been apprehensive about commenting on his % before
as he had been adding value, but now, yikes.
Still adding here, got more at .03 today. Patience.
Yes it does. I think it could happen with continued profitable quarters, additional vessels, Cyprus, U.S. ops, otc uplisting, etc.
Lucky! I paid .031 - .033 today for mine today.
? I put two separate orders in for 50K each at .036 the ask was .0359 now at .042...
Thank you. I'll be adding to my 1.2M position this week. Eagerly awaiting the quarterly; expecting revs in the 5.25M range with an update on the add'l vessels and Cyprus.
Me too, I have just a lil over 1M shares. I have told many friends about this one over the last year. Your friend is generous, nice finder's fee!
Regarding the news today, I just found this June 16th article:
http://cyprusbusinessmail.com/?p=46896
Limassol shipyard operator FAMA, enters deal with Petrogress
By Stelios Orphanides
The chairman of FAMA Group, which operates the Limassol port shipyard, said that his company entered an agreement with Petrogress Inc. to provide related services to hydrocarbon companies.
Petrogress, a Piraeus-based oil trading, shipping, and storing company listed on NASDAQ, agreed to purchase a majority stake in FAMA’s parent company F & T Investments Ltd, Tomis Tziortzis said in an interview.
As part of the agreement, FAMA will invest $20m (€18m) in a new floating dock with a capacity of 8,500 tonnes which will provide repair and other related services to hydrocarbon companies operating in the eastern Mediterranean, Tziortzis said. “We will cover their needs to 100 per cent”.
FAMA, which in 2015 entered an agreement with Shipyard Famagusta, operating at the port of Famagusta in Cyprus’s Turkish occupied area, will maintain the agreement with its Turkish Cypriot partners, Tziortzis said.
Shipyard Famagusta utilises the area and facilities of Famagusta’s shipyard which Tziortzis’s family operated the summer of July 1974.
Tziortzis said that the agreement with Petrogress, signed on Sunday, will produce 150 new jobs at the Limassol shipyard.
Credit to you guys. Thanks! Looking forward to the uplisting, updates on the additional vessels, the West Africa Fenders deal, and the next quarterly.
You guys (1center, otcbargains, stockmarketrater) just might start a buying frenzy! Thanks for spreading the word about pgas on other boards.
8K filed 6/23/17: http://petrogressinc.com/investors/sec-filing.html
John Moraites was removed as an officer of the Company, effective June 23, 2017.
From the annual report:
John Moraites, Executive Vice President and Secretary. Mr. Moraites joined us as Secretary on June 15, 2016, and is presently employed as a Regional Vice President for Capacity Marine Corporation. Capacity Marine specializes in marine insurance nationally and internationally. Mr. Moraites has been at Capacity Marine for the past five years. Mr. Moraites has been involved in marine insurance for more than 40 years and has an extensive background and knowledge concerning all aspects of marine insurance and the marine industry as well. Mr. Moraites has Bachelor of Science degrees in history and government.
Only the comment in the annual report that as of date of the report they are conducting due diligence (3rd paragraph, page 19).
Nice day!
They have completed the application for uplisting. They streamed that info across the "Hot News" section of their website last week.
We have been added to PCG Advisory Group's client list:
http://pcgadvisory.com/clients/
Still need the investor presentation and quote information added. Good things are forthcoming,IMO.
I've tried to buy 100k today at the ask, then they raised the ask so I raised my offer by .001 over the ask and still did not get filled. Thoughts? Off to dinner.
Lol, Thank you. I had to find my password first. The dividend from CMSI/MWIP/AGTK led me here. I've been watching since then and have added a fair amount, and am very excited about PGAS. GLTA
My first post. Did anyone see this? It's on their website:
http://petrogressinc.com/investors/press-releases/347-petrogress-selects-pcg-advisory-group-for-integrated-strategic-communications.html
GLTA