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yep, still here - waiting hoping waiting some more. would i try and start a new biz in this environment? maybe if i were chinese but i think the SEC has put the kabosch on foreigners using penny stocks to get started trading publically. Oh well.
oh okay, well........ all i can say is, if this is just a sticnky pinky scam, its a damn good one. sure went to a lot of trouble to make it look legit.
how do you figure that? if they have 51% and then release another 1 billion, lets say its twice as much as there is now, then their share would be 26%. or what am i missing?
so whats the big deal about the 1 billion extra shares? seems like i noticed that from the very beginning, didnt seem to bother anyone when the share price was 26 cents. you think they'll release them when they only have 51% between themselves? gimme a break, its just always something with the naysayers. not enough transparency, they got it, not good enough, blah blah. stop the shorts, stay long it will be worth the wait. imho
which goes back to my original question is How does this company make money? is it making money now, is it increasing and if so what percentage amount? I can show 200 "good idea" penny stock companies but what are the chances that the share price goes up because the company is worth more?
thanks for that Poptech, looking at the chart over the past 2 years or so and it looks like heavy dilution to me and seems to be continuing. no reason to get in now i presume.
Oky so a newbie to this stock, just beginning the DD, if you folks could save me a few steps. I know QR codes are gonna be the next big thing, mobile marketing is the way to go, blah blah, the big question, how does this company make money? are they making any now? do they get a penny or something every time someone scans a QR code? and then there's the shares outstanding question? Please anyone?
Thanks
Rickkei
look here guys, these posts that claim the shorters are all crooks is just wrong. Stocks go up and they go down, when they go up for no good reason, chances are good, they'll go back down, so short it. I've shorted lots of stocks, won some lost some just like going long, won some lost some. should of shorted when i went long, should of went long when i shorted happens all the time to any trader that trades.
So, here's the thing, CPOW was a pump and dump, the CEO acts like he knows nothing about who did it or why, maybe the guy that quit who the hell knows? Facts are Facts, there were several penny promoters sending out emails pumping CPOW around C-mas time - thats how i hooked into it. Who knows?
This stock I'm gonna say one more time - if people are expecting grain to be crushed when the farmers are just now back in their fields planting are fricking crazy, and have no business investing in a penny agro stock. this stock will pay off and will show a profit in the fall just like all the other agro companies. So get over it. we're lucky we're not at a penny floating to 50 cents through the year. This penny agro company has a chance with its Chinese money muscle to make a dent in the market and push aside some well known players and maybe make a name for itself in the meantime, maybe not, thats a penny stock for you. If you knuckleheads want an agro stock that has already proved itself look at ADM for example and go with it. not a penny stock, its a gamble, its a risk, its not a sure thing. Go with the flow, buy it when it looks to go up, short it when it looks to go down. it moves, i like it.
thanks for the rant, I feel better, hope you do too.
yes it is possible Zeke - i remember reading about a company who had the same type technology for oil refineries, to "treat" the crude coming in to get an easier and more efficient separation of components thus reducing input and saving money.
However, I also remember back in High School where a ford pinto was beating the pants off all the camaro's in town because why? it was a factory freak,thats all there was to it, and I think thats all there is to this vehicle they keep touting, the 10 year old vehicle that should get 16 mpg but it gets 22 or something (forgive the numbers if there not exactly right, its been a while since I read all this mess) anytime a car gets better gas mileage it also has less emissions and that was ALL the company proved in Colorado. Notice how the white paper (written by the company) claims a driver went on the same test course with and without the "fuel reformer" and then you read the lab report and there's no mention of it? This company is a scam from the word go. I just thank God I got out at break even a few months back at .0015.
Just my opinion folks ..............
what information are you looking at? I mean, where is it? could you post a link. I didnt think the refinery deal had happened yet.
45,000 shares here
I like the look to that stick today so far. if we could just manage a bit higher it would certainly be a bullish hammer. GLTA
This company has brought the short attack on itself with its non-existent and vague press releases. Not that I'm short, but whenever indecision and lack of information exists, doubt grows, longs get shook and the shorts move in.
Look at what the TIVU board is doing, setting up a go between the board and the company and trying to get some sunlight in on the questions they have. If this company CEO would just sit down and let us know all his plans, how it fits together, why he's doing this, why he's doing that instead of presuming we can figure it out this stock would be at 20 cents or better.
I realize this is an agricultural stock and the product is only available at harvest, I know Canada doesnt grow anything under three feet of snow, so lets be realistic, this company is setting up for some good profits and grow revenues, and thus hopefully will fuel share price as well, but not if they continue with the mystery that THEY themselves have created.
hey A1, send me these answers you been getting if you dont mind - rickstravel@hotmail.com, thanks and I'll delete my email after getting it, sorry no private posts for me
okay here it is: a Russian refinery sold PGIE a whole bunch of gasoil as it is called in the rest of the world, commonly called Diesel in America which is a grade of diesel labeled as D2 for standard diesel engines here in America, meeting American EPA Air standards. So now PGIE, wants to close on selling that diesel at the most potential profit it can make. Since the price of that diesel fluctuates on a daily basis, the price at the purchase is the average of the day before, the day of, and the day after loading the ship all based on a world wide available Platts gasoil price determined by port. Sales of that gasoil will be a similar contract on the very same days as the purchase cause if the price goes down 50 cents a gallon times 50,000 bbls, someone would lose a lot of money so........ the sales contract equals the buy contract and there's a commission normally 20 bucks maybe per ton. So regardless of the changing daily prices of the petroleum products, the middlemen (the good guys, PGIE) get a standard commission which factored with the amount of shipment, amounts to a whole lot of money.
Joe if you say Russian refinery one more time, I'm gonna scream! its Russian gasoil often called D2 AND OR a refinery here in the states. NOT A RUSSIAN REFINRY!!!!!! PS the stock manipulation is going on all over my penny bags today
351300 buys and 500 shares in a sell and we close down 25% in ten trades WTF!!!!
LOL, 10 trades! yea i dont know about the bounce back anytime soon, the new guys on here I hope can hold for a while.
D2 Russian deal - i dont think they should list names and terms, just because we're owners doesnt mean we get to know every detail, some of these may have confidentiality agreements along with them. if anything, we should be told that a deal was done and about how much to expect in revenue from it, then updates on if it was matched, succeeded, or failed in the expectation. I look forward to that!
Russian Refinery? LOL try Russian D2 or atmospheric oil refinery, basically a topping unit.
chart looks bad till you realize no volume. which basically means no selling either. And since the main markets are in flux, i think holding ground on these days is a good thing. I agree with what someone said about we're one good PR away from 5-10 cents.
And then I got to thinking about the times I stay in a hotel on business trips, vacationing etc. I'm thinking maybe 3.5 $/per room/per night is too big of a guess on where the average amount will come too, More like 1.5 is I think more realistic, all speculation of course. And even at 1.5 I'm still long, I'm down, but I'm long.
i agree, the bold print is a amateurish. it would of made just a big an impanct without being in bold print. still tho, makes me want to hold into the Fall.
the way i see this: we're just gonna have to wait and see. Surely they would announce the closing of some D2, or a refinery, or whatever. There letting us know that there working on it. Some folks on here expect the moon yesterday, be patient, let it happen. They were criticized for not letting us know anything now there being criticized for not telling us enough, jeez folks. Its a small company, only so much gets done in one day. I think there making good progress, as a former owner of a small company, i just wished I had the same caliber of financing available to me.
As far as the stock price. well....... poooey! apparently the last moves were enough to keep most traders away, ie good news, big volume down, so there gonna wait and see, maybe put it back on there watch list, but here's the thing, do we want traders and flippers or do we want investors?
low float, potential bomb shell news, i can afford to hold and watch with enough shares to not lose sleep. Good luck to you all.
its the brine is what the fuss is all about in Canada. In Nevada, you can pump out the brine in s shallow pool, let the water evaporate in the heat and mine the leftover salts, not as feasible in Canada without the heat.
so a one time plus, okay we'll take it. no wonder they bought a 75% shell company. well....... i think we're back to time will tell.... thanks everybody for their input and output, time to call it a weekend!!! HERE WE GO!!!!!!
what is extinguishable of Debt? and is that repeatable?
net income 2.5 mil, three months not bad, not bad at all...........
thats not even a new posting - the date would show today's date May 13, 2011, gee guys got me all excited. it will be posted by 5, normally anyway as any other late day posting usually ends up.
please post the link, thank you
where you getting this? oil deal is on?
nothing new posted yet, what you talking about Willis?
the release said the Q1 financials will be released with notes.
says Q1 financials
PGI Energy Inc official site Facebook Page.
PGIEnergy PGI Energy, Inc
ALERT! PGI Energy to release Q1 Financials today on OTCMARKETS.COM
13 minutes ago Favorite Retweet Reply
just got tweeted, there going to release Q1 Financials today on OTCmarkets.com
so even if they do ever get out of litigation it will still be associated with this scam outfit?
3.22 mil shares down to .0046 our old low and you guys act happy? sheesh maneez fellers. we're watching a dilute duhhhhhhhhh
maybe someone who knows something about Churning should report this to the SEC, is it illegaL? or just immoral? if illegal - I elect you stockscout1, any 2nd of the motion?
why wouldnt they re-instate? surely somebody has a bigger stake in this than I do and willing to go a little further to have a shell for a reverse merger.
I would be interested in that, and thanks for asking