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all sounds good, but i hope they didnt waste 10k on that.
good things coming soon. nows the time to buy.
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friday is the absolute worst day to release news
i've written gandy several times now with no reply. maybe he's getting sick of talking to me and/or others about the same subject?
wonder if we get any news this week?
thanks for the cheap shares.
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i don't think gandy means their shares are restricted as in contingent upon the satisfaction of some future condition, yet rather the sale of insider shares have restrictions governed by the sec.
although, within the S-1, we could see some restrictions place on those shares for length of employment, earnings goals, etc.
Their stock may not be restricted as in having a holding period, but they are restricted to when or even IF they can sell the stock as any insider.
not to mention, if they sell, they take the chance of losing control of the company.
bottom-line is none of those six people are selling without first disclosing the sale and reason for the sale.
Insider Trading is the trading in a security (buying or selling a stock) based on material information that is not available to the general public. It is prohibited by the US Securities and Exchange Commission (SEC) because it is unfair and would destroy the securities markets by destroying investor confidence.
A company insider is someone who has access to the important information about a company that affects its stock price or might influence investors decisions. This is called material information.
the 3 for 1 dividend shares to common shareholders yes, but not those 6 people.
its not as though the group just bought a bunch of shares like you or I would. they bought out the restricted and controling shares.
the group, pgi energy, now controls the company.
as for showing any proof, we'll they don't have that info available, but you can rest assure its going to be in the S-1.
a group, organization, or six clowns off the street can buy a company. it doesn't mean they own the company under a different set of rules.
wrong. when they bought the company and the companies shares, those shares were and remain restricted.
The $100M financing is contingent upon the registration of PGIE stock with the SEC. PGI Energy is working on the S-1 filing and should be submitting that to the SEC within the next few weeks.
come on, mm's! let's close above .013!
how long does it take to put an S-1 filing together? i would think a professional company could do it within 2 weeks. what's the hold up?
be nice to close at around .015 today
if we can get up near .02, i think we'll lose the penny flippers and start to see some real momentum.
why would a company hired to promote pgi dump at a penny? i guess you think they don't believe in their ability to promote the stock?
PGI Energy aimes to help town and bring back employment to refinery.
"The Company has identified a 5,500 Bpd atmospheric refinery in Somerset Kentucky, distressed asset with revenues of $20M. We estimate the value to be $60M"- PGI Energy
http://www.kentucky.com/2010/02/10/1131740/somerset-refinery-to-close-this.html
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green is good!
hey!..if we close green today i'll be happy. that's all i ask for is to have a steady upward trend. not looking to be an instant bazillionaire
someone's going to kick it in the ask soon and we'll be on our way.
if they can secure gas & oil wells, refineries, and other assets, that's even more revenue. they can then supply the gas oil that their brokerage firm is selling around the world.
if pgi does this right and can keep from being knocked down by the giants, this could be bigger than any of us could possibly imagine.
this is exactly what i posted a few days ago. the 6M metric tons of fuel will cost approx $6.5B and PGI estimates a profit of $650M for their brokerage fees.
do that 4, 5, 10, 20 times a year...wow! 26 employees working on nothing but gas & oil contacts around the globe.
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cool...get'em!
id like to kick whoever is selling in ask!
certainly these guys know they're not going to get away with it if it is a scam. and an attorney and some others with higher educations and promising careers are going to lose their jobs, etc.
i don't like the continued selling, but im holding tight for now.
i just dont get it! who the he11 is selling?
pgi has its own mm, so they know who dumped those shares and how many.
insiders cant trade their own stock in the open market. they can receive stock through options or incentives and sell, but its restricted and when they do sell, it has to be filed with the sec.
also most public companies have their employees enter agreements to only purchase company stock through the companies mm and at specific time periods.
if not, that would be an unfair advantage over outside investors which would violate insider trading laws.
i could tell you i have 50M shares of PGIE and more money than buffet, but would you believe me? of course not. you would want me to prove it. its the same for pgi.
they have the ability to move this forward when they decide to present facts about the projects and revenue. until then, its all just speculation.
im not sure why they have to wait until the S-1. that just does not make any sense to me. financial info from the tensas audit, maybe, but not details about ongoing business acquisitions. i can think of no reasons other than the deals aren't final.
this thing isn't going anywhere until they start reporting facts. investors aren't stupid and most have seen bogus companies file worthless pr and run their scam on investors. smart investors want facts.
not sure why they have the ability to release a $10k pr about the russian contract, but can't add detail until the S-1 filing. just because they're trying to move forward on the boards and becoming a full reporting company, doesn't mean they have to cease business operations or withhold information from investors. sounds like a very poor excuse to me.
again, we are not stupid, gandy! there's no reason why you can't file detailed info about your acquisitions. unless all the deals are just speculation and not actually inked.
we need some news with facts. we need some type of filing showing investors the agreement or closing papers on the acquisitions they have released in the news.
that would help verify the statements being made in their pr. even if its just a filing on the otc pinks website.
they've made all kind of statements about acquisitions but i have yet to see anything released about revenue from those projects or updates about the projects.
i hope you're reading this gandy. it doesn't cost $10k to file a statement on the otc site.
not a letter, but an official filing right here http://www.otcmarkets.com/stock/PGIE/financials
Example: "PGI Energy announces Russian Gas Oil contract to sell more than 6,000,000 metric tons of diesel fuel over next 12 months". “We are excited to have secured a major contract with a Russian Refinery"
Prove it by filing the contract for all to see
someone dumped those shares. however we saw no buying, so mm's must be holding those shares for the run
right!...$6B in total revenue from the sale of 6.6M metric tons of gas oil, which means approx $650M in profit for pgi brokering the deal.