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it was a question, milly! i thought maybe someone heard something. i never said that were going bankrupt. be a tough break for me since i own 30M shares
sure i would love to see .0001. can;t average down much lower than that, but i'm not going to run a scam on people to average down .0001 of a percent.
how is asking a question consider to be spreading rumors? notice the ? mark at the end of my sentence.
someone is writing that on another forum. just curious if its true. pgi's latest financial and biz plan pretty much suggested that on 90% of the document pages. however that wouldn't add share holder value. that would wipe out all of the shares i believe.
i hope that wasn't their big contingency plan?
so pgi is filing for bankruptcy?
pgi needs to dump some more shares to get rid of this mexican stand off.
come on .0001!
why are there so many moderators on this board. i think everyone but me is a mod.
wonder what happen to the scrap payment they were supposed to get?
thanks for the info, yodi
is 2 considered a fleet?
"naked short" selling, not "short selling"! its two different things and they have not banned short selling. i have an email from the fse stating just that.
naked short selling is when a broker loans shares of stock to a borrower that he or she does not own, have access to, or has not settled in their account
short selling is when the broker loans shares of stock that they do own, and have possession of.
19,500 shares at .0003! really? $5.85 cents!
those previous post were a joke and i stated that at some point.
however, the part about me hear a rumor from a reliable source was not a joke. they are doing exactly as i stated. they hired a consultant to advise them on a new biz plan. that consultant told them to ditch the social sites, no more news unless its already happened or a news release without any projected revenue.
its all going down exact like i said.
now sell me your shares for .0001
get off the .0003's. i want some .0001's
home creek info
(October 12, 2011) HOUSTON--PGI Energy, Inc. (Pink Sheets: PGIE)
PGI Energy Announces Company Update
The executive team wants to take this opportunity to address shareholders regarding its issuance of the preferred stock dividend. We received numerous calls and emails from shareholders regarding the preferred issuance for shareholders with stock held at brokerage accounts. We initially relied upon our transfer agent to file the FINRA Corporate Action forms and were subsequently notified that process has changed, that we are required to file an electronic notice form now. We have begun that process and are working with DTC to complete the issuance process for shareholders holding certificates in brokerage accounts. DTC indicates the shares will be held in “street name” which means issued in brokerage company name for brokerage account holders. We hope this addresses shareholder concerns over the issuance.
The Company has been working with its operator to Home Creek Energy to complete its work over and re-works program on the Reams and Masterson wells. Shareholders have questioned whether we have received the funds generated by the field since our acquisition. We have designated those funds to be used by the operator to complete the development program on the field as there are additional funds needed to complete the work to bring the field to full production.
The Company transportation and logistics division has secured new trucking fleet lease and new client shippers for transportation of products. The trucks will be delivered this week.
PT Rebana Energi Corpindo of Malaysia has not visited PGI Energy for the acquisition of the drilling rigs related to Structural Dynamics Engineering joint venture. The Company will provide further updates regarding this matter as soon as details develop.
The Company has made significant progress in its commodities trading division having secured new trade agreements for Russian products and Chinese companies as buyers. The Company will announce agreements once all terms of the agreements have been performed. We hope to announce significant earnings soon.
The Company has been working with a local hedge fund to acquire proven producing oil and gas assets in Louisiana, Galveston, and West Texas. We are reviewing these various packages for 100% financing. Updates will be released once the agreements have been secured and funding documents are executed.
The company plans to post its third quarter financials today. The Company will release its written business plan with earnings guidance for fourth quarter earnings and through year 2012 later in October. The Company is also considering a stock buyback program to be funded through an institutional investor and will present its plan to the board of directors.
hull energy, inc is the other partner in the masterson project.
who are those involved?
pgi already stated that they are flipping the oil revenue back into the project, so that should tell you that are not the one who failed.
pgi is doing exactly what i told you guys a few ago.
no more news and contact with the investors, other than real news and Q reports. no more forward looking, p&d type statements with projected revenues, etc.
this is what the consulting company suggested would be in the best interest of pgi's future.
this is how real companies operate. you dont see bp, exon or other large companies telling you every little detail. NO! they tell you with revenue and Q reports.
no better way to grab cheap or cheaper shares than to remain quiet and leave doubt as to the companies direction or future.
if you were going to hand out a billion plus shares in approx 10 months, would you rather those shares be at .0001 or .50+
no better way to grab cheap or cheaper shares than to remain quiet and leave doubt as to the companies direction or future.
pgi or one of their institutional investors?
yes, i think it is.
just riding the waves, zenfolio! it doesn't have to gain much to make money. ie: 30M shares at .0001 is a $3000 profit at .0002.
hope it hits .0001. i want to load up!
looks like pgi can't handle the financing for home creek reames project. how do you sell a half billion shares in three months and have no money?
Masterson – Reames 30% Available 11/4/2011
November 7, 2011 By admin
The Home Creek Energy Masterson Production Project, which has already started and is currently producing, is forced to open 30% of the project to partners. The Masterson Production, which is 12 wells located in Central Texas, is currently producing out of the Reames side of the lease. Further operations to finalize the new perforations in the Masterson and additional work on the Reames has stopped until the project can be finalized. The sale of multiple oil loads are being retained in escrow waiting on finalization of the project.
Anthony Maye and Curtis Berry traveled to New York last week looking to bring further funding to finish this project and to help move it along.
“never before have we offered interest in a project and we had already started the work on the wells, and also the Reames wells are producing at a higher rate than we anticipated. We are looking at bringing partners into this project that plan to be with us for further projects, because we already have oil checks ready to go out for this project. Also it allows someone to join us for a small amount to learn our system of monthly payments from producing wells.” – Anthony Maye
Please contact Home Creek for more information: info@homecreekenergy.com
what was the rev today. we had no news?
wow! 664M shares.
it appears to have all been a bunch of horse shidt to rev up the volume so they could unload millions of shares.
because they publicly stated they were having a conf call in late oct. just curious.
wonder what happen to the oct conf call?
its called a "pipe dream"
do you think this guy is a crook?
http://grealishmczeal.com/mczeal-bio.htm
ah! yes i see it now. COST. Where's that money coming from?
why does is say revenue under the section? dont understand why they would put out a report with so many errors.
no! because each one of their pr's have a precautionary statement on the bottom telling you that its a forward looking statement.
if Q4 is close to the projections then i'll believe it.
be nice if the fixed the math!