PGI Energy, Inc. (PGIE)

[TradingGems]

I see no problem with that at all. It's very common business practice, although hardly ever nearly as transparent as PGI is making it....which to me spells good on their part. Also, it's not an acquisition that will require shares to be given to move forward. It's merely a joint venture being set up to tap into the growing and highly lucrative green energy and recyclible energy sectors. I think the news is excellent and much more than I had anticipated. this is of course just my take on it.