PGI Energy, Inc. (PGIE)

[wapsi]

Here is a response I got this morning on an email I had sent about PGIE listing on the berlin exchange.. Take it for what its worth..


As you have expressed interest in our service in recent months, I thought it worth updating you with regards to the changes that have taken place at the Frankfurt Stock Exchange.



In the last 10 days, a decision has been reached by the exchange, not to reinstate the First Quotation Board for further listings. Instead, this segment will be closed permanently and remaining companies in this area will need to upgrade to Entry Standard by September.



Essentially, to list on Entry Standard, a company will need to demonstrate existing revenues and must have full audited financials covering up to 3 years, or however long they have been trading. Although the Berlin and other exchanges around Europe have suspended new listings for the time being, we fully expect an announcement in coming weeks, seeing others follow the new Frankfurt model.



Attached are the latest listing requirements, as we understand them to be. The exchange is still finalising some of this detail and we will try to keep you informed of further developments.



If for any reason you feel that you have received this information in error, please do not hesitate to request that we remove your contact details from our mailing list. I shall endeavour to do so immediately, upon request.



Kind Regards,



James Gormley ACSI

Executive Vice President



Go Public Pros GmbH

Kurfürstendamm 30

10719 Berlin, Germany