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are you trying to say i run the thing. NOT!
maybe the sec shut'em down
pgi's facebook, twitter and blog page are all removed
probably fall on the ground dead when pgi finally report some revenue!
show me the money pgi. its the only thing you have yet to do! nothing else matters!
now all of a sudden because someone sorts through old nigerian news, writes an article and mentions pgi, they post updates as though the project is moving forward or actually happening. yet we haven't heard a word since the deal was announced.
i want to see the $700M finance commitment and some pics of the workers on the ground. until then, its just more pgi hype.
i agree. i'd rather them wait until the money is in the bank. these forward looking statement have not worked out in the past for them and it just seems like more hype. revenue is all i want to hear about!!
certainly can't get much lower, so youre probably right.
i do think the $68M rig deal is dead, but i think pgi and structural dynamics are still building them together as shown in the pictures. i'm sure there's some sort of demand for drilling rigs, especially advanced technology such as they are building.
if not, pgi really crossed the line on this and i can't see them getting away with it. if it were dead and the relationship lost, i think they would have said so in the news letter.
because this guy could be a short or someone trying to get in lower by making up false news. it anyone has info, they should always provide proof! no harm in that.
yeah right. they lost $6M in the past 3 months. where the heck are they going to come up with $700M to fund this. this was just another pump and dump.
or i should say rev and dump. they have never been concerned about the rise in pps. they only want to rev up the volume in order to dump at any price.
pgi's transfer agent (transfer online) wrote on their facebook wall that pgi failed to file the paperwork and is now going to distribute the shares in house once they get approval
yes, i want to see this! post a screenshot
right here is solid proof that gandy or whoever is releasing news is a liar. they were simply issuing news to rev up the volume in order to dump shares. they made several million dollars easily over the course of 6-7 months with false news.
we currently get no news because they're done with the dumping for now.
dont know? the updates from home creek could have been someone from pgi creating hype? why have the home creek updates all of sudden ceased?
i guess the rig and home creek deal are dead now too?
exactly! but what'cha gonna do? the sec doesn't give a crap
all we can do now is wait it out. hopefully pgi gets their shidt together and the pps takes off. however, that could be years from now.
i'm just very disappointed in the way pgi has handled itself. most of those pr's were nothing but pipe dreams made to look like done deals. they sucked a lot of investors in with crap news.
i agree. money can be made from a scam or at any level
i'm just saying that pgi has been using pr to rev up volume in order to dump shares. its very obvious what they have been doing.
here's who owns the pgi eng and manufacturing website. write him
Registrant:
Automotive Dynamics Engineering
Jose A. Macias
919 N 10th Ave. Suit D
Edinburg, TX 78541-3105
US
Phone: +1.9562390128
Email: jamacias12@aol.com
its quite obvious to that pgi releases news to rev up volume so they can dump. its what ive said from the very begin, when they announced the russian oil deals.
just in case people didnt know what bgi represented
PGI Energy and BGI Contractors Form Joint Venture to
Construct Land Drilling Rigs
HOUSTON, Jul 11, 2011 (BUSINESS WIRE) -- PGI Energy, Inc. (Pink Sheets: PGIE): has entered into
a joint venture partnership with BGI Contractors in conjunction with its previously announced partnership with
Structural Dynamics Engineering Co. for Manufacturing & Development of innovative proprietary land drilling
rigs designed by Jose A. Macias, a Mechanical Engineer. The joint venture partners will share 50% of profits
each. The joint venture partnership initially will focus on fabrication of drilling rigs for its existing contract orders
for 750 HP Mobile Drilling Rigs and the 2000 HP SCR Drilling Rig for the government of India, and its client in
China who have placed orders for three 250T Top-Drives the innovative Top-Drive drilling rig, and Malaysia for
four 1000HP SCR Drilling Rigs. Current customers of Structural Dynamics Engineering are Precision Drilling,
Arrow Drilling, Pie Grande Drilling, Fidelity Exploration and Production, JJ Drilling International, DIJOILFIELD
LLC., Petroleos de Venezuela, S.A. (PDVSA), and PetroleosMexicanos, S.A. (PEMEX). "We are excited about
the development of this new joint venture partnership with BGI Contractors to deploy these innovative drilling
rigs to oil field service providers, which adds significant value for our shareholders," says Robert Gandy, Senior
Underwriter/Chief Investment Officer for PGI.
About BGI Contractors
BGI Contractors is a general contractor, and the operation was founded in 1991 to serve the petrochemical
industry. BGI's clients include a number of industrial sectors, including petrochemical and refining, land drilling
rigs, power, manufacturing, specialty industrial, marine, and the U.S. government. Additional BGI clients
include, PGI Energy, Inc., J & L Instrumentation & Power, LLC, Shell Oil, Motiva Enterprises, ExxonMobil and
Gerdau Ameristeel. In addition, BGI works with major managing contractors such as Bechtel, Jacobs and KBR.
BGI manages projects of all sizes, coordinating engineering, subcontractors, planning, scheduling, construction
and quality/acceptance testing. BGI has an excellent safety record and follow extensive quality checks to
ensure standards compliance. BGI's scope of work includes:
2B outstanding shares according to the Q. i'm sure that doesn't include the dividend shares. i guess that answers the dilution theory.
it cant get much worst! go for it pgi!
cant wait to see that!
guess the $68M rig deal is bs now too
i'll try.
tda's transfer agent wrote me yesterday and said that pgi's TA contacted them and said certs were being sent out. however, tda's TA had not received them yet. they told me to check back with them at the end of next week.
i wonder if pgi went out of biz? not a word from them for weeks.
i just checked with tda and nothing has arrived yet for my account. i thought all of the certs were supposed to be out by the end of sept?
my cousin vinny! ahahaha!
wonder why no updates from home creek lately?
they sent him back to 2nd grade.
probably get an after hour release. pgi is always afraid to release bad news during regular hours. why i dont know. the pps couldnt get much worst.
someone with some ability took the last conf call and applied it to some recent pictures.
meaningless however!
pgi's main goal is to get that $100M in financing so they get the the commissions and services fees per the company agreement signed with mczeal & gandys companies. mczeal gets $2M off the top and gandy get something like 3% of every draw down made on the loan.
most of the volume yesterday and today was naked shorts. the gov needs to ban shorting all together.
the pps may never move on some stocks, but at least investors wouldn't lose money and good companies be driven into bankruptcy
how much is a full load worth?
its all shorts