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knulp

03/06/11 2:10 PM

#2963 RE: dcool1 #2962

ok ok I know the vast majority of most recent facts about PGIE, I only had doubts about the double websites and I didn't knew they were searching for Ipo to go public, before the RM in Tensas.
Market cap at 0.025 at this point, on fully diluted basis would be only 25mln $, 1/4 of potential assets under management financed by 100mln $.
I think that anyway even .10/.20 fair price (I assume these prices to reflect the full 100mln $ deployed for acquisition of oil&gas assets + stemming profitability) isn't the best way to attract new financing and/or visibility, so a R/S maybe due in the long term.
Trading at 2$ with 100 mln shares outstanding and being listed on otcbb is much better than trading at 0.20 with 1000 mln shares outstanding and being a no information pink sheets (RS 1/10)
This is definitevely a long term player

thanks

regards