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Well since this is a big project with possibly greater outturn there might be a lot of parties interested in providing funding for it...
Big question is: is it legit and when are they planning to start construction...
Same thing with me :)
If you have multiple MMs you could...
Maybe AON orders :)
So they need €500K to be listed on Frankfurt and €250K on Berlin...
Obviously they must have that kind of money...
http://artfieldinvestmentsrdinc.info/blog/why-list-on-the-berlin-exchange/
WHY LIST ON THE BERLIN STOCK EXCHANGE?
Why list on Berlin when Frankfurt is the most predominant exchange in Germany? The third largest exchange in the world and growing bigger every day.
There are advantages to Berlin, especially for companies that may not be able to list on the Frankfurt Exchange.
1) Berlin has a lower nominal capital requirement, € 250,000 compared to € 500,000 for Frankfurt. Thus we can list a company on Berlin, raise a little money, invest in the company and increase its nominal share value to qualify for the Frankfurt.
2) OTCBB companies can still dual list on Berlin. There is some debate whether this is a good idea, however, in some cases it is and in all cases it can be used as a stepping stone to a subsidiary’s full and exclusive listing on Berlin or Frankfurt.
3) Frankfurt is undergoing a lot of change right now due to the huge influx of companies from the stalled American markets now seeking listing on Frankfurt. Berlin is a little more stable as it has not had the huge influx to unsettle it yet.
But the primary reason is that Germany is where the money is. Germany’s economy is healthy. In 2010 it had a greater trade surplus that even China. (Get the figures here and here.)
The Germans just bought the NYSE this year. Surprised? Read about it by CLICKING HERE. Read about the Berlin Stock Exchange on Wikipedia, CLICK HERE.
In addition, German regulators and tax laws encourage and support developmental stage companies. You can get listed from scratch in as little as 30 days on the Berlin Stock Exchange without audited financials. If you are in a big hurry you can by a German shell and cut the time down to 7 days.
If you are an exchange company (NYSE, AMEX, NASDAQ, etc) you can get a dual listing in as little as 7 days.
Money raises can be completed on the Berlin Stock Exchange in as little as 30 days. But you must be connected to the right people. There are lots of companies advertising for German Listings. Yes, they can get you listed in a short period of time, but it doesn’t mean they can help you raise money quickly. We get requests all the time to help people who bought a Berlin Stock Exchange listing and now don’t know what to do.
Fair trading — Naked short selling is banned in Germany and brokers are not allowed to short on a down tick.
Less regulation — No restricted shares for anyone even officers, directors and insiders. No Sabanes-Oxley and ongoing costs are much less than the OTCBB, TSX, and Hong Kong exchanges. Public offerings can be conducted without underwriters in on the Berlin Stock Exchange.
Fast listings, and fast money raises and fair trading is what Berlin Exchange is all about. We have been working with the Germans since 2009. We will hook you up to the right professionals in Germany to not only get you listed but to get you funded.
Dual listings and subsidiary listing will also help your US listed company.
Berlin Stock Exchange Listing
WHY GO THROUGH ARTFIELD INVESTMENTS RD INC?
We have been working with German Investors, Specialists, Sponsors, etc since 2009. We are connected to most of the top firms in German Investment Banking. We can handle your needs whether you are a start up or a Fortune 500 company. We can handle Berlin Exchange fundings from $500,000 to $500,000,000.
STRUCTURING is just as important to our German friends as it is to our US clients. The reason that we get the big and powerful connections that we do is because we know how to structure companies right for the Berlin Stock Exchange and for the benefit of the client.
When you work with Artfield Investments RD inc. You get one-stop shopping. We can provide you with all the connections you will need in Germany. Most speak English but we also have members of our team who speak German and English and can translate for the few connections that don’t speak English.
We will keep things simple. We will explain you the things you need to know and won’t waste your time explaining you things you don’t need to know.
When you work with us you won’t be left on your own, and you won’t have to go anywhere else to get what you need.
We do not accept every company that wants us to get them a Berlin Listing. We will give you a free evaluation and let you know if we can actually help you. Or how we can help you. We won’t take you to the Berlin Stock Exchange unless we feel we can get you funded as well as listed.
To me this is crap anyway you look. If they will set maximum price point then they will never be able to buy 51% especially now that 2s are gone. They should first get the money and buy as much as they can in one single run. Now everyone knows about it... What a joke...
No just my pure speculation :)
You are right :) And this is only assuming they sold them themselves. If they paid for something this is usually done at a discount....
My guess was based on 1bln shares sold at avg 0.004...
And we know that they must have maxed O/S by now :)
Joe you know by now that if they were truly trying to address shareholders concerns they would include share issuance breakdown on their quarterly reports and ungag TA so we would know the reasons behind share issuance. Instead all they do is constantly deny any dilution and still claim that they defer their salary payments. We don't even know exact employee count. But even with 30 people and average 50K/year they would incur only 1.5 mln in salaries...
Remember their so called "financial reports" never breaks down share issuance so we really don't know what they were issued for. But since they maxed out O/S and by my count they've made at least 4mil this money must have been used for something.
And if PGI states publicly they haven't issued shares for salaries then if proven otherwise they will be in big trouble for false statements. I presume email conversations are accepted evidence in US courts :)
Agreed. PRs like that in their situation are simply a waste of money and time...
If this is indeed true then all the money they've made so far must have been used for something. Maybe Intertorco or other JV partner required some upfront funding and screwed PGI instead :)
They easily made some 4mil so far....
Hope it's not another "sorry for a mess we've made" type...
If I'll see 300mln wiped in 10 minutes then I will believe...
Looks like they are fleeing from potential litigation against US PGIE...
Did anyone wondered why this entity to be listed on Berlin exchange has Canadian origin?
Joe Estes from the article...
http://www.manta.com/g/mmnxm06/joe-estes
I guess they either still trying to charter scrap ship or they already have one...
So if anyone wants to contact them ;)
Robert Gandy (281) 780-6030
Kendal Givens (281) 736-8155
Robert Gandy II (832) 885-0922
Kendal is now listed as truck owner... And yesterday load is gone...
123Loadboard.com
PGI Energy Inc dba PGI Energy Transportation & Logistics
2700 Post Oak Blvd.
Houston, TX, 77056
Tel#: 832-900-1400
Find more loads, freight and trucks on 123Loadboard.com
Pickup Date Origin City Ori. St. Desired Destination Equip Size Weight Qty. Notes Contact Name Contact Tel Tel Ext
01/02/12 Houston TX USA V 53 80000 1 Kendal Givens (281) 736-8155
01/02/12 Houston TX USA V 53 80000 1 Robert Gandy II (832) 885-0922
They were and still are...
There's always a chance. At least apart from their crap forecast they have been awfully quiet...
Count me in too. I also have some info :)
Kicking few butts I guess :)
Turn on compatibility mode in IE 9 and PGI's website runs just fine. This is a problem with HTML 5 and CSS 3 used in this particular template as well as no coding for IE...
Agreed too. I don't understand why anyone would want to do that now when company still has a chance to get back on their feet. If PGI closes down this would be a chance for anyone to file class action suit and at least try to get people behind it to justice. Doing anything now is pure selfishness...
Just my guess but imagine what will happen if he will manage to bring tggi and righ back to profitability? There will be more interested companies that will be looking for similar things and that will bring lots of money to bcap...
Remember campaign is always tied to some significant news so maybe they are waiting for just that :)
Oh come on their website is top notch. It's just simply unfinished with a lot of design errors. And on top of that it is run by completely uneducated person. All they do is add unformatted html code and this is why the website looks unprofessional.
It's always the same with pgi:
- no grammar check (buy MS Office suite or get LibreOffice if you want to save money)
- web design and maintenance issues (hire proper specialist or get yourself on a web course)
- linked in accounts are all free (buy proper business subscription)
Presumably class 6 diesel
http://en.wikipedia.org/wiki/Fuel_oil
And D6!!
We might or we might not only time will tell. Maybe they will finally fix that damn website too...
Of course you are only assuming. You don't know what is going on in the company apart from news releases. As for example - Homecreek...
PGI Energy Holdings International :)
http://www.pgienergy.us/
And you know that how? From the looks of it you are only assuming like the rest of us :P
Maybe pgi is finally buying back some shares...
Not at all :) but I prefer to remain neutral instead jumping to unverified conclusions...
Yes I know but on my first reading of your post my impression was quite opposite so instead of invoking mass paranoia I put mine :)
Well if I understand correctly it only means that they need to hire non company related lawyer not that they are guilty...
Also from PGI's shareholder letter dated 07/14/11
We previously underscored the complexity of these contracts and the many terms defined therein that required explicit performance by us and counterparties to close those transactions. As a result of our underestimating that any provision of a contract not complied with could result in the contract not closing resulted in contracts not performing as planned. In our rush to disclose pending contracts to shareholders we failed to anticipate non-performance by third parties. A contract failed because bankers for each party would not comply with procedures outlined and agreed to by the counter parties. The legal department of both banks advised there bankers that they bankers could not perform the requisite provisions of the contract. This resulted in a loss of profit to us, because we had a purchase and sale agreement among parties.
A sale contract in commodities can fall apart as a result of testing the commodity against the specifications for the product and if the specs are not the same as the contract then the buying party has the right to reject the purchase and cancel the agreement. We engaged in a contract negotiated by a highly reputable law firm representing the seller in a transaction where we had an exit buyer for the product. We performed upon the contract and the other party provided false proof of product documents which we are required to verify before consummating the transaction to avoid being defrauded by counterparty. We discovered in that transaction that the law firm provided us with false proof of product documents as verified by third parties. Thus, we did not consummate the transaction.