PGI Energy, Inc. (PGIE)

[dcool1]

i was told by a broker this morning that the stock dividend cert is not additional shares. its a certificate that yields the holder a cash dividend at end of the certificates term.

so according to this broker, the certs are restricted.

he said dividends can be issued by the company in the form of cash, stock or a certificate

basically, pgi is saying that they've made some profit and plan to share that profit with those who support them now.