InvestorsHub Logo
Followers 1036
Posts 54447
Boards Moderated 0
Alias Born 03/29/2004

Re: Ibanksonit post# 264

Thursday, 01/16/2014 8:49:26 PM

Thursday, January 16, 2014 8:49:26 PM

Post# of 306
Email from Norm Birmingham, regarding PGCX, received last month by him.



Norman Birmingham (info@virtualsourcinginc.com)



Watch for the monthly update for most of the answers to your questions.



Unfortunately, we have confidentiality agreements with all of the parties and are not allowed to use their names until closing. This is the case to protect the acquisitions from being harmed in the case that an announced acquisition didn't close and the money source from any potential liability had any erroneous press been attached to their name.



The potential acquisitions have been released in order. See the press for the letter of intent in early September. That will close first.



We will need to increase the package to complete the second acquisition as it exceeds the complete value of the existing $50 mil package.



We haven't and don't intend to participate with any standard IR/PR groups that plague the pink sheet market. There are certain parties that have paid promoters. The company has not participated. See the press from November



We expect to have site visits at many institutional investors and brokerage houses to introduce the company for long term participation in this stock and investments for growth. Stock promoters are historically a joke and a waste of time and money.



This company is being built to be sustainable, highly profitable and a strong performer for long term investors.

The total of acquisition with a signed letter is $21.5 mil and the other that we await signing is $55 mil. These are all items that have been previously released.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.