PGI Energy, Inc. (PGIE)

[Cobra Kai]

I think we have seen the worst of it and this painstaking process will start to make more sense over the next few weeks/months.

In the meantime in response to your post- can you explain how did they pay for the Home Creek oil asset then without a lot of cash in the bank.

If you could explain that to me???

And how do they manage to pay for payroll for 28 employees- I heard they will be adding a few more employees- high level sales people recruited for future Pro One Launch.

My answer would be: they are probably using personal bridge loans & acquiring assets with shares being part of the equation and they can move to revenue generation in the near term- hence we plan to announce earnings in the conference call and discuss future financial forecast and thats why only personal loans may be what is used without a form D needed. The head person at the helm is a banker and knows the ins & outs of raising money & valuing assets even though their are some who feel they are more qualified than him in the meantime.

As difficult as it is to do I should try to remain a little more quiet here for a while and just watch more unfold as I think their will be some skeptics proven wrong in the process. I believe in management in this company is very sophisticated and they will show their stock is very undervalued. Over the next few weeks I think they plan on lots of significant updates.