PGI Energy, Inc. (PGIE)

[Cobra Kai]

In a few messages back & forth between me & Pgi they expressed to me in so many words that my recent negative post arent beneficial to shareholders. I felt that post from those on message boards are a mere sliver of what pgi is responsible for when it comes to forming a positive/negative outlook.

without sharing all of the content of the messages between me & PGI. in reply to a message of mine to they replied the following:


""""""No one blames shareholders for the state of a startup company. But you are sadly mistaken to think secondary trading pays salaries. Secondly, management has not be paid their contract salaries since they started. Do the math you have seen the finds. The full staff salaries would have been over $2.5 mil, you have seen the contracts. Personal loans, institutional investors have funded our company operations. The company did not sell you a single share. Maybe you will have a change of thought soon.[/b"""""

Im sure we have some number crunchers here....Im only posting for now to share information I find and to help improve communication since we have lost most lines of communication....which interactive facebook and blog shouldnt have existed my opinion anyway. The opinion I form is with institutional investors funding operations I cant imagine they would allow this to slide down to .0002 unless they are loading the boat with shares before something happens or at our expense. In addition to that the term secondary trading doesnt pay salaries but releasing shares into the float could? and after that it becomes "secondary" trading. If releasing shares into the float doesnt pay salaries than why the need to release huge amounts at such low levels....who are the ones with lots of shares now and were has the money gone if not for salaries.....2 oil assets...what else? A change of thought soon.....its pretty well documented nobody was more positive than me and I hope they can turn this around but the fact they let it slide this low makes it harder to believe since good companies usually have a better handle on there shares & expectations put out than this. I hope they turn this around and I hope to hear from the transfer agent today....which i will post feedback received.