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That's not just news, that is huge.. They are now getting the 100 million dollar funding to make purchases for assets into the oil and gas sector. With the split coming after the bell today, it could be huge.
Junp is def going to more expensive. I like them because they are quietly gaining more profits and momentum.
TSAS - Getting 100 million to fund assets for oil?
This could hit mid dollars again easily today.
PGI ENERGY, INC. announces new standby equity commitment agreement with LeadDog Capital L.P. "This new equity commitment will allow the company to acquire acquisition targets in the oil and gas industry and meet working capital demands as needed," according to the company's investment banker Robert Gandy with Pythagoras Group, who arranged the financing.
The Company has been in negotiations with the seller of significant oil and pipeline assets in the Gulf Coast region for the acquisition of its assets currently producing approx. 500 Bbl per day light sweet crude and pipeline assets generating significant revenues. "The closing of this transaction will allow us to report strong earnings, thus increasing value for our shareholders. We are excited about the opportunity to make significant acquisitions in this growing market environment," says Marcellous McZeal, the Company CEO. We are in the final due diligence phase of evaluating these assets and hope to announce the closing of these and other acquisitions soon!
About LeadDog Capital L.P.
LeadDog Capital L.P. is a private fund based in New York with a focus on investments in smallcap companies with market capitalizations under $500 million. One of the funding vehicles they use is an equity line funding structure to assist companies with their long term funding needs. Joseph B. LaRocco of LeadDog Capital L.P. stated, "We are excited about helping PGI with their funding requirements and the Standby Equity Purchase Agreement we will be entering into with them should provide the necessary equity line funding they need."
About us
PGI Energy, Inc., is an energy holding company, headquartered in Houston, Texas. The company's purpose is to acquire assets in the proven producing oil and gas assets, refinery and pipeline sectors of the energy industry and other synergistic assets. The company will only acquire proven producing, and income producing assets.
CAUTIONARY STATEMENTS REGARDING FORWARD-LOOKING STATEMENTS
This press release contains forward-looking statements that involve a number of risks and uncertainties. Forward-looking statements generally can be identified by the use of forward-looking terminology such as "believes," "expects," "may," "will," "intends, "plans," "should," "seeks," "pro forma," "anticipates," "estimates," "continues," or other variations thereof (including their use in the negative), or by discussions of strategies, plans or intentions. A number of factors could cause results to differ materially from those anticipated by such forward-looking statements, including those discussed under "Risk Factors" and "Our Business."
Forward-looking statements are subject to known and unknown risks and uncertainties and are based on potentially inaccurate assumptions that could cause actual results to differ materially from those expected or implied by the forward-looking statements. Our actual results could differ materially from those anticipated in the forward-looking statements for many reasons.
For more information visit: WWW.PGIEnergy.us or Email: info@pgienergy.us
SOURCE: PGI Energy, Inc.
PGI Energy, Inc. Media Contact & Investor Relations: Robert Gandy, 713-532-5649
TSAS might be a steal right now.. Huge News
PGI ENERGY, INC. announces new standby equity commitment agreement with LeadDog Capital L.P. "This new equity commitment will allow the company to acquire acquisition targets in the oil and gas industry and meet working capital demands as needed," according to the company's investment banker Robert Gandy with Pythagoras Group, who arranged the financing.
The Company has been in negotiations with the seller of significant oil and pipeline assets in the Gulf Coast region for the acquisition of its assets currently producing approx. 500 Bbl per day light sweet crude and pipeline assets generating significant revenues. "The closing of this transaction will allow us to report strong earnings, thus increasing value for our shareholders. We are excited about the opportunity to make significant acquisitions in this growing market environment," says Marcellous McZeal, the Company CEO. We are in the final due diligence phase of evaluating these assets and hope to announce the closing of these and other acquisitions soon!
About LeadDog Capital L.P.
LeadDog Capital L.P. is a private fund based in New York with a focus on investments in smallcap companies with market capitalizations under $500 million. One of the funding vehicles they use is an equity line funding structure to assist companies with their long term funding needs. Joseph B. LaRocco of LeadDog Capital L.P. stated, "We are excited about helping PGI with their funding requirements and the Standby Equity Purchase Agreement we will be entering into with them should provide the necessary equity line funding they need."
About us
PGI Energy, Inc., is an energy holding company, headquartered in Houston, Texas. The company's purpose is to acquire assets in the proven producing oil and gas assets, refinery and pipeline sectors of the energy industry and other synergistic assets. The company will only acquire proven producing, and income producing assets.
CAUTIONARY STATEMENTS REGARDING FORWARD-LOOKING STATEMENTS
This press release contains forward-looking statements that involve a number of risks and uncertainties. Forward-looking statements generally can be identified by the use of forward-looking terminology such as "believes," "expects," "may," "will," "intends, "plans," "should," "seeks," "pro forma," "anticipates," "estimates," "continues," or other variations thereof (including their use in the negative), or by discussions of strategies, plans or intentions. A number of factors could cause results to differ materially from those anticipated by such forward-looking statements, including those discussed under "Risk Factors" and "Our Business."
Forward-looking statements are subject to known and unknown risks and uncertainties and are based on potentially inaccurate assumptions that could cause actual results to differ materially from those expected or implied by the forward-looking statements. Our actual results could differ materially from those anticipated in the forward-looking statements for many reasons.
For more information visit: WWW.PGIEnergy.us or Email: info@pgienergy.us
SOURCE: PGI Energy, Inc.
PGI Energy, Inc. Media Contact & Investor Relations: Robert Gandy, 713-532-5649
This is huge news.. Wow this thing could really go today,. If we have 500k in volume by lunch, look out .40's .50s
TSAS keep your eye on this one.
PGI ENERGY, INC. announces new standby equity commitment agreement with LeadDog Capital L.P. "This new equity commitment will allow the company to acquire acquisition targets in the oil and gas industry and meet working capital demands as needed," according to the company's investment banker Robert Gandy with Pythagoras Group, who arranged the financing.
The Company has been in negotiations with the seller of significant oil and pipeline assets in the Gulf Coast region for the acquisition of its assets currently producing approx. 500 Bbl per day light sweet crude and pipeline assets generating significant revenues. "The closing of this transaction will allow us to report strong earnings, thus increasing value for our shareholders. We are excited about the opportunity to make significant acquisitions in this growing market environment," says Marcellous McZeal, the Company CEO. We are in the final due diligence phase of evaluating these assets and hope to announce the closing of these and other acquisitions soon!
About LeadDog Capital L.P.
LeadDog Capital L.P. is a private fund based in New York with a focus on investments in smallcap companies with market capitalizations under $500 million. One of the funding vehicles they use is an equity line funding structure to assist companies with their long term funding needs. Joseph B. LaRocco of LeadDog Capital L.P. stated, "We are excited about helping PGI with their funding requirements and the Standby Equity Purchase Agreement we will be entering into with them should provide the necessary equity line funding they need."
About us
PGI Energy, Inc., is an energy holding company, headquartered in Houston, Texas. The company's purpose is to acquire assets in the proven producing oil and gas assets, refinery and pipeline sectors of the energy industry and other synergistic assets. The company will only acquire proven producing, and income producing assets.
CAUTIONARY STATEMENTS REGARDING FORWARD-LOOKING STATEMENTS
This press release contains forward-looking statements that involve a number of risks and uncertainties. Forward-looking statements generally can be identified by the use of forward-looking terminology such as "believes," "expects," "may," "will," "intends, "plans," "should," "seeks," "pro forma," "anticipates," "estimates," "continues," or other variations thereof (including their use in the negative), or by discussions of strategies, plans or intentions. A number of factors could cause results to differ materially from those anticipated by such forward-looking statements, including those discussed under "Risk Factors" and "Our Business."
Forward-looking statements are subject to known and unknown risks and uncertainties and are based on potentially inaccurate assumptions that could cause actual results to differ materially from those expected or implied by the forward-looking statements. Our actual results could differ materially from those anticipated in the forward-looking statements for many reasons.
For more information visit: WWW.PGIEnergy.us or Email: info@pgienergy.us
SOURCE: PGI Energy, Inc.
PGI Energy, Inc. Media Contact & Investor Relations: Robert Gandy, 713-532-5649
Im confused. Mine dropped the E, and says the last list price was .187 and ask is .283 :/
TITL - Keep a close eye on this tomorrow. It could see big swings. I like the fact they release their very encouraging PR 9 minutes before the bell on Friday. In 9 minutes it was up 19 percent. Their news of the pending merger and new acquisitions sound really promising.
I agree. I posted this the other day. I think ford will have a big 3rd and 4th Q. I expect this one will be in the 40's over the next few years, and could be in the 50's. I bought some a few ago on the dip. No debt, and the mustang hitting 32 mpg. Plus with their new crossover, ecoboost, and full efficient vehicles they could see a lot of growth. BTW it's a good entry right now.
Not trying to be a jerk, but it's not really an alert if you wait to a company stock moves to alert us. I try to give out ones that are still in neutral and about to bust out. I haven't been on this board that long, but the ones I gave you have shown rapid growth. Some are for the shorts, and some are not. It's important to make sure you do your own research about buying a selling a stock. I look at charts, and can normally get an idea about the rush and trends that have or are forming. I will tell you, I almost never hold a stock more than three days. There are a few that I buy and do be cause I want to beat the traffic and can see a pattern developing, and it's going to be huge. Anyway, everyone of us take a loss sometime, if you are a day, swing trader then you know that.. But don't jump on every rush you see because chasing can get you into a lot of trouble. Just some thoughts on this boring day of no trading. :) Happy hunting this week.
Its going to hold up fine. Panic is the only thing that would kill it. It will move next week and if you get out now you will be sorry.
37% Now and moving..
TSAS blowing up again on News.
PGI Energy Announces New Green Energy Initiative and Launches New Energy Trading Platform
7 minutes ago - BIZ via Comtex
BusinessWire
PGI ENERGY, INC., formerly known as Tensas, Inc., weeks after announcing a 3-for-1 forward stock split dividend to its shareholders announces a joint venture partnership with PGI GREEN E & P, INC. The joint venture partnership will be a new waste to green fuel refineries initiative to help reduce our carbon footprint. PGI GREEN E & P launched its initiative with partners Robert Gandy, PGI Energy's Chief Credit Underwriter, Dario Berini, a computer engineer and chemical engineer, and Adam Erickson, an international energy business developer. The trio struck its deal with PGI Energy after visiting and negotiating with key manufacturers for distribution and sales of their proprietary technology to be deployed through a sales team led by Erickson. The technologies employed are biomass which transforms tires to light fuel oil, plastics to crude, pelletizing, and waste to syngas. PGI Energy plans to own and operate some of these units as well as distribution sales. The PGI Green E & P team has been working to develop relationships among feedstock providers such as large waste handlers, municipalities and have made significant progress. The refined fuels will be traded via traditional means of commodities trading through PGI Energy Trading, Inc. a new wholly owned subsidiary of PGI Energy. Mr. Gandy says its traders will utilize the proprietary trading system and expertise of Coquest, Inc., a Dallas based Commodities Broker registered with the CFTC (Commodity Futures Trading Commission), and an active member with the NFA (National Futures Association). The Coquest system will allow our traders to execute trades of our inventories daily through a variety of FCM's and hedge our positions for risk management. "We are excited about the new opportunities to make a significant contribution to reducing our carbon footprint with green fuels and getting these products to market," says Marcellous McZeal, the Company's CEO.
Stock Split News Update
The Company will issue a 3-for-1 stock dividend to all shareholders of record up to the date the dividend shares are distributed on February 22, 2011 due to the holiday for clarification to our investors no shareholders will be diluted.
About us
PGI Energy, Inc., is an energy holding company, headquartered in Houston, Texas. The company's purpose is to acquire assets in the proven producing oil and gas assets, refinery and pipeline sectors of the energy industry and other synergistic assets. The company will only acquire proven producing, and income producing assets. The Company recently updated its company information on OTC Markets.com and will utilize its voluntary reporting service to provide our shareholders with current information as soon as our audit is complete. We have hired McConnell & Jones LLP as our auditor to disseminate financial information to our investors about the company.
TSAS is brewing again, PR should be released any minute now and volume is going to blow this rocket up.
This stock is a ticking time bomb, and I think it's going to blow as soon as the volume breaks. Might be today, it's getting pounding before the bell.
Chart shows more movement coming in the next few days. It's still cheap. I like this one to bunce back up around 8-9 and maybe higher if the volume follows.
All I know is if I had a crystal ball I would have dropped about 20k in the night before. We are all looking for the next big one like that, but we may never see it again. Once in a lifetime thing.
I don't know if we will ever see another stock like GWAY going from .004 to 54.00$. That's straight retirement.
I have never seen so much sand bagging in my life. Collecting useless stocks by the millions. It's so astonishing. Volume running in the hundreds of millions.
TSAS looking to move with volume push, and split coming Monday.
Well no PR isn't that bad but I expected one today, but I bet it would come after the bell.
SIRCQ is the next TSAS, I am telling you.. don't get left behind. Something is going on. I would buy while you can for the under.
This is a serious tug of war, people are going to have to pay to get in. The price may dip again, but overall it's moving on forward.
SIRCQ is one of those tsas waiting to happen. Get in now, something is going on. Trust me.
I think that we are in a great position. One, it's still holding on low volume, we haven't have a pr in the last 72 hours. This stock is what I think of a loather. A sleeping giant, that will awaken very fast once something starts the avalanche. There are a lot of people with this stock on their watch list waiting for something to happen. Be pleased at the support that it's getting at .20. That has moved up in the last 48 hours from 18. Everything is going good, don't panic and quit selling for bid!
I like Ford for the long run. I have about 12k Shares @15.45. Well see. STVI as well. I got in at 1.71 :) Holding for a while. In face I alerted STVI a few ago. Wonder if anyone listened hmm
SSOl looks ready to make a huge run again today. Grab it while you can.
SOLU watch this one.
It's because these people panic over a few sales. The stock market is for people with big balls. They get scared an run which makes the whole thing start tumbling, then they chase trying to get back in. JUST HOLD AND EVERYTHING WILL BE FINE. What is so hard about that.
Merger with Sunlogics is almost complete as well. Looks like blue skies.
Salamon Group Inc. (OTCBB:SLMU) today announced that it has entered into the concluding stage of the acquisition of the Sunlogics Power Management Fund Inc. "The process is moving ahead as planned. We are in final stages of preparing closing documents and completion of the required audit. We now have all of the necessary board approvals from both companies to close the deal upon the finalization of the audit, and believe that will be concluded within the coming weeks," said Michael Matvieshen, CEO of Salamon. "While we acknowledge that we had set expectations for an end-of-February 2011 closing, we thought it prudent at this time to report on progress, so that all shareholders can be reassured of the situation."
Ummm Wow. Merger with Sunlogics is almost complete as well. Looks like blue skies.
Salamon Group Inc. (OTCBB:SLMU) today announced that it has entered into the concluding stage of the acquisition of the Sunlogics Power Management Fund Inc. "The process is moving ahead as planned. We are in final stages of preparing closing documents and completion of the required audit. We now have all of the necessary board approvals from both companies to close the deal upon the finalization of the audit, and believe that will be concluded within the coming weeks," said Michael Matvieshen, CEO of Salamon. "While we acknowledge that we had set expectations for an end-of-February 2011 closing, we thought it prudent at this time to report on progress, so that all shareholders can be reassured of the situation."
Starting to get beat to death. :p
TSAS is going to blow up. It's moving without much volume and no new PR. With the fs coming Friday I think it will rocket back into the 40's.
Well I was wrong, it's maybe + .2 today ;)
I gave you NEOM, I hope you are watching this.
Are you kidding me? Look at the sell volume yesterday. It was 5-1 sell-buy, and I bet the buyers were stocking down. Something is about to happen, and we have to wait and see. But I say follow the volume.