Pacific Green Technologies, Inc (PGTK)

[MFridge]

Also, if these shares were restricted, how could 64,000,000 of them have been issued for cash as per the filing?
Not a filings expert by any means, but this isn't a transfer of ownership- this means they sold the shares for cash (which would explain why they gagged the TA and also perhaps why the 17th was the last day AVST saw a penny.)

I emailed Gary regarding this and will share his answer- including a date if indeed the shares are restricted. I have to assume anyone who called the company would be able to offer the same information.



"On March 17, 2006, the Company authorized to be issued 340,877,600
restricted common shares of the company at $0.0025 for an aggregate
value of $ 852,194, bringing the total outstanding shares of common
stock to 497,604,165. These shares are to be held until March 30, 2006
for distribution to the creditors. Of the shares authorized to be
issued, 64,000,000 were for cash of $160,000 and 276,877,600 common
shares for the reduction of debt of $ 692,219."