PGI Energy, Inc. (PGIE)

[Inwestor1]

Trading! I called TDA, they said they would not be trading the stock.Then called the SEC man, Mr. Parko in Fort Worth, he says that there will have to be a review of the company by a Broker /Dealer, the reveiw could include everything including financial statements, PRs contracts and more, to comply with the rule ,( Forgotten the number of it) as is stated in their literature available on the SEC web site. He says that as the stock trades on the OTC and Bulleton boards, it would not automatically resume trading after a suspension, if the stock was trading on the normal exchanges or the Nasdaq, then the company stock would have been able to resume trading immediatley after a suspension.
Called Mr.Gandy regarding this, He says that they have been compliling paperwork with the help of Mr. McZeal and have sent that all off to the SEC and that he would now engage a Broker /Dealer to review the company paperwork.
I think that this will take some time to resolve. Meanwhile, they are still pursuing funding for the Canadian company offering and awaiting developments from Berlin, which is not closed out yet, there are meetings next week regarding that listing for the Berlin. Not much else to say. If you want to pick this all to bits with detrimental comments, go ahead, as I am posting for information to the more serious shareholders here.Thanks.