PGI Energy, Inc. (PGIE)

[dcool1]

i agrree 100%. mczeal and gandy are trying to make it appear as though they are taking a huge loss also by surrendering their shares, forgiving debt, altering contracts, etc. however, the writing on the wall to us shareholders from that last letter should be that they are simply trying to walk away as though they never had anything to do with this mess.


anyone who thinks gandy or mczeal have any intentions of working to solve this problem, or turn the company around are dead wrong. neither have any reason to take interest in the company now. they just want out of a company they started, falsely promoted, and made money on by selling or shorting stock upon bogus news.

unfortunately for them the sec isn't stupid. they can run, but there will be no where to hide. i hope mczeal loses his licenses, and both are banned from ever owning or running a public company, along with a huge fine.