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and did you receive an answer? if not, doesn't that concern you?
wrong!
i have not spoken to anyone from pgi and did not receive this info from them or anyone working for or connected to pgi energy.
my contact is in the oil and gas transport business and heard this through a network of others in the biz.
i never said i received the info from the company! i made the statement about asking the company because they are the only one who can answer the question.
believe what you want.
this issue may or may not be true, but its worthy of my post and something we need to be asking the company.
given their past history with us, i am personally leaning towards the idea that this deal has gone bad or is going to be delayed. ???
and you should be banned from this board for continually pumping the stock! you have no inside info, so how is it that you think you know more than me or anyone else?
i'm just telling you what i heard. it may or may not be a rumor, but i wanted you people to know.
a little birdie in the industry told me that they're having an issue with the buyer. it appears that the cost to transport the fuel and receive it is in addition to the fuel cost. the buyer bulked!
2?...i didn't know i had any at all! sweet!
call or write the company and ask! the deal has some delivery issues and will either now be delayed or canceled.
no news coming, wayno2! deal fell through.
try 5M sunshine!
no news gonna take its toll!
remember what happen the last time gandy gave us an estimated time for an announcement (S-1)..it never happened!
don't count your chickens before they hatch!
monday = jumps to .007 and then down to .005 with no news.
we just dipped down to .0047 two days ago.
i said its coming down to .005, that's where its headed with no news on monday. i don't think we'll have any news on monday about the d2.
some may even get scared and sell down to .0045 and with no news next week, its going below .004
either way, i'm loaded up , so i don't care. jmo!
be a big sell off monday when there's no news
already got way more than that, rjs
yeah. its a private company.
http://www.syntheticgenomics.com/
nice theory, but wrong. i just speak my mind.
i looked at a few things about d2 and noticed that a whole bunch of people are trying to sell the stuff. AND in the same quantities that pgi is giving us.
the contract they have isn't something exclusive. russian fuel is a wide open market
you ever notice how many people and companies are trying to sell russian d2 and jp54? it certainly doesnt seem to be exclusive to pgi energy. check it out.
http://www.facebook.com/pages/JP54-Jet-Fuel/120283221320147
or
http://www.alibaba.com/showroom/russian-d2-jet-fuel-jp54.html
probably wont hear any news about the fuel for a couple weeks.
here it comes! no news and no one wants to hold over the w/e
we'll see.
think its gonna go below .005 today. always a sell off on friday afternoon!
15k! wth! is the damnn thing halted!
great answer by them. acknowledges your question with a real answer then gives full detail about any further communication. bach is a pro!
ex factory announces joint venture with pgi energy. and, world's largest wood pellet plant recently built in waycross, ga.
read the full stories here: http://www.facebook.com/pages/PGI-Energy-Shareholders-Group-PGIE-/186748414695518
jose just confirmed someone's post on facebook that the fuel sale of 500K/1M.BRLS is ongoing at approx $8M per month.
but its 500k and 1M barrels a month, not just a one time thing. jose confirmed that from a facebook question
all pgi has to do is listen to it and they will know that its not edited. however, its more than that. they don't want the info being reviewed or scrutinized, which only leads people to believe they have something to hide.
any good company who has telephone conf calls or public venues for shareholders, always makes those events available for review. shareholders shouldn't have to record pgi's events. pgi should be making that info available immediately after the event. they have more connection with the public than any other public company i've seen in years, so they have no excuse.
exactly!
i could get second hand info about the conf call and therefore make a bad investment decision. AND that is exactly what the SEC rules attempt to prevent.
they released a blog post stating they don't approve of the audio release, although its word for word from the call. they have the ability to listen for themselves.
im not sure why they would do this and create skepticism about the call. their statement leads me to believe that they don't want people having solid proof of what was said.
as i said, they have the ability to listen for themselves and determine if the call was edited or used in a way that misrepresents pgi energy. that is not a valid excuse.
that's funny! the sec also requires public companies to make all released info available to the public and its shareholders, whether it be audio, video or text. even a pink!
the pink just simply doesn't have to report, but they do have to comply with sec rules!
yep..that's day trading.
i would be willing to bet that this thing settles back down at .005, where it was before all the day traders, gamblers, hoping for a miracle, and novice traders pulled the stock up to .0085 on news of the conf call.
however, make no mistake. selling at .006 will be one of the worst mistakes you'll make this year. now that pgi has shaken off the S-1 filing and its restrictions, they are quickly moving forward. if they report $8M -$20M in revenue this coming quarter (July 15th), I would say that's a HUGE accomplishment.
the more revenue, the higher this stock is going to go. jmo, but i think you should hang in there southgas! good things are coming!
well, i think they had every intension of filing the S-1, but their counsel is the one who dropped the ball by failing to advise pgi correctly in the beginning. most likely the accounting and law firm just wanted the money and therefore purposely held info from them, all the while charging them against the retainer. pgi just has to mark that up as a mistake and experience. the S-1 is not off the table and they can always pursue it down the road when the have more of a track record.
in the end, pgi did what was best for the shareholder and the advancement of their company. the time frame to file and go though the S-1 process was holding them back and simply not worth it at this time.
revenue makes all companies move and its coming. people sitting on the sidelines will be left behind.
a link to the entire conf call is posted here:
http://www.facebook.com/pages/PGI-Energy-Shareholders-Group-PGIE-/186748414695518
obviously you guys didn't listen to the call? the conf call was a huge success. they indicated the Q2 report coming out in mid july and announced the closure of two fuel deals this week worth $8M in revenue....
not to mention the transport division that just started hauling today and the wood pellet deal that is supposed to be the new wave of heating in the usa, with the gov signing a $6B incentive deal for those who convert to wood pellet heating.
maybe if you stop day trading this and invest your money in a company that is moving forward, you wouldn't be so disappointed all the time.
heck! 100,000 shares is only $700 bucks! and it potentially could be worth $50k in the next 6 months!
"we have two contracts with end buyers on a monthly basis of 500,000 metric tons of D2 and 1M barrels of JP54 jet fuel"
listen to the entire conf call here.
http://www.archive.org/details/PgieShareholdersConfCall5312011
join other pgi energy shareholders at http://www.facebook.com/pages/PGI-Energy-Shareholders-Group-PGIE-/186748414695518
again, only 2 questions!