PGI Energy, Inc. (PGIE)

[TradingGems]

I like your post but some of it needs clarification. The $100MM standby equity commitment was secured by Gandy/Pythagros. There is nothing to indicate that Wakabayashi had anything to do with securing that commitment. Wakabayashi is merely another avenue to secure funds for TSAS. That said, we can only confirm that 6% or $6MM of the $100MM will be taken as a commission (by Gandy, lol) leaving $94MM.

Also, being that LeadDog Capital, LP issued a commitment, as long as the terms are favorable and approved by PGI Energy's (TSAS) board, the deal will close unless an act of God prevents it imo.

Yes, being that this is equity based financing, shares will be exchanged for the financing. However, for $100MM, that's a lot of shares! Even if LeadDog Capital decides to dump the shares back into the open market, it's going to take them quite awhile to liquidate all of those shares. Even if we take the volume from when TSAS made its BIG run and all the volume since then (buying and selling and just call it all selling), it would not even put a tiny ding let alone a dent in the amount of shares that will have to be issued to obtain $100MM. IMO, it would be in LeadDog's best interest to slowly ease those shares back into the open market because if they attempt to dump them fast, not only will it take quite a bit of time, but also, it will KILL the pps and they will lose a bundle! Why would they do that? Rhetorical question. They wouldn't! Common sense and the fact that they would not make any move to lose value (money) in their shares tells me that. IMO, what I could see happening is a huge pump job (or a few, lol) to run the pps up while they slowly liquidate their shares. That would be beneficial to all shareholders in the short to medium term.

As for the future of PGI Energy, well, I can't speak much on that. If we base the future on what has happened with this group of folks in the past, well, the future isn't exactly bright, lol. However, imo we can't say with any bit of certaintity that just because they had one failed IPO in the past that all future endevours will and are being set up to fail. Too many reputations and professional licenses on the line here with the powers that be. IMO, PGI Energy has a very bright future, but that's just my opinion.

p.s. I like your posts and replying to them! It gives investors, potential and current, both extremes of what is occurring and what may occur with this company! Thank you for that and keep 'em coming!