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Re: Cobra Kai post# 24504

Wednesday, 12/07/2011 6:51:37 PM

Wednesday, December 07, 2011 6:51:37 PM

Post# of 28290
Re Joe 2 Chance. Hi Joe, in answer to you questions. My trust in Robert Gandy and Marcellus McZeal go way back to before they formed PGI Energy. I have known Robert Gandy for many years and have had financial dealings with him as an investment Banker for several of our own companies ,which did involve very large transactions, which he held in trust for us.

I had no hesitation in investing in their venture, as you may imagine, being in from the start from Tensas, the % of the investment being down is at around 97 to 98 %. However, based on our past business with them both, I feel that, ( in my own opinion) that they will come through in the end for all the shareholders. I am happy to be still buying at these levels.
Thanks to all, We are all down on the investments, waiting mostly for the F/S Exchange listing to finalize. We are nearly there.
Having patience for a little longer should not affect anyone too much I think. Joe, some of your own comments too are very well investigated I think, so keep up the good work.