PDG Environmental Inc. (fka PDGE)

[speckulater]

$17.8 Million Backlog





Still plenty of Shareholder Value.



Common Shares as of December 8, 2009:
Outstanding: 20,875,109
Float: 17,590,000

Held by Insiders: 15.74%
Held by Institutions: 2.6%

Stock Price: $0.012

Current Market Cap: $250,501

Book Value Per Share: $0.226

http://finance.yahoo.com/q/ks?s=PDGE.OB



From the 10Q filed 12/23/09:

Total Assets: $28,822,000
Total Liabilities: $24,095,000 ---- (includes the $12.8 million Huntington Bank debt)

NOL's: $10.8 Million
At October 31, 2009, the Corporation has approximately $10.1 million of net operating loss carryforwards for federal income tax purposes expiring in 2029 and approximately $0.7 million of federal credit carryforwards, primarily Research and Development Tax Credits, expiring from 2022 to 2029.

Orders Backlog: $17.8 Million
At October 31, 2009, the Corporation’s backlog totaled $17.8 million ($10.5 million on fixed fee contracts and $7.3 million on time and materials or unit price contracts). At October 31, 2009, our backlog consisted of $8.3 million of booked orders and an additional $9.5 million of open ended purchase orders or orders in final negotiation stage which will likely become booked orders in either the fourth quarter of fiscal 2010 or the first quarter of fiscal 2011.

http://yahoo.brand.edgar-online.com/DisplayFiling.aspx?dcn=0000950123-09-073094




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