PGI Energy, Inc. (PGIE)

[dcool1]

i do think the $68M rig deal is dead, but i think pgi and structural dynamics are still building them together as shown in the pictures. i'm sure there's some sort of demand for drilling rigs, especially advanced technology such as they are building.

if not, pgi really crossed the line on this and i can't see them getting away with it. if it were dead and the relationship lost, i think they would have said so in the news letter.