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Re: None

Tuesday, 09/06/2011 9:36:33 AM

Tuesday, September 06, 2011 9:36:33 AM

Post# of 28292
Authorized share count raised to 3,000,000,000 on August 23, 2011.

PGIE is a Delaware Business Entity


To verify:

#1) Go to this link:

https://delecorp.delaware.gov/tin/GINameSearch.jsp

#2) Type in PGI Energy Inc and hit the search button

#3) Click on the link for PGI Energy Inc



#4) Click on the link at the bottom that says To contact a Delaware Online Agent click here.



#5) Click on the little help icon in the header bar towards the right



#6) Click on the option for Corporate Entity Information



#7) When the chat window opens up type in your name and tell them you'd like to know the authorized share count for PGI Energy Inc (entity #3684074) and click start chat.



If it says that nobody is available now wait a little while and try again

#8) Wait until one of their customer service people responds and they will give you that information


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The amendment raising the authorized share count from 2,000,000,000 to 3,000,000,000 was filed on August 23, 2011. They will also verify that information for you if you ask.

The authorized share count was previously raised from 1,000,000,000 to 2,000,000,000 on July 7, 2011.

You can buy a copy of the amendment raising the Authorized Share Count if you like.

The authorized share count was raised to 3,000,000,000 a few days after the announcement about the dividend which tells us two things.

The outstanding share count is definitely over 1 billion now since 2 billion authorized apparently wasn't enough to handle the original proposed 1:1 increase.

The outstanding share count could now be as high as 1.5 billion.