PGI Energy, Inc. (PGIE)

[dcool1]

they most certainly lied. they posted the ss on their facebook page and we all know that info is not true.

they've been dumping shares since the last conf call and they should have been updating us with that info, but chose to lie in fear of being pursued for a p&d!

this quote below is solid proof of them dumping shares. however, its written in a way to make you believe they've simply issued shares to institutional investors, banks or finance companies and avoid saying they dumped shares on news, which we all know happen.

BUT, i dont care. i just want them to start being honest and tell us when they issue shares, so we have the tools to evaluate our investments properly. enough of the bs, pgi!!

The management team in its efforts to grow the company and generate revenues for the company has utilized its common stock to acquire its two most recent oil assets in Texas and Kentucky. The company utilizes any and every financing vehicle to acquire assets and maintain its operations.