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browland1

03/07/11 12:08 PM

#2998 RE: Jon Reed #2997

Man that is not RIGHT OR COOL !!!

Cobra Kai

03/07/11 12:21 PM

#3002 RE: Jon Reed #2997

the attorney hired by PGI and working on uplisting has accomplished uplistings to the OTC on average within 45-60 days for most companies- that will add alot of credibility for PGI. if the company was content being a pink sheet listing that would have me worried. And I dont think banks give 200 million in stand by equity committements....especially in this economy to just anyone. So following the smart money "the banks" it looks like they have confidence in this companies business plan- small garbage pinks cant get loans or lines of credit for 500,000 alot of the time- management has 75-80% of restricted stock-also a very positive sign- they want to make money with us! GLTA!

dcool1

03/07/11 12:22 PM

#3003 RE: Jon Reed #2997

So you're saying the new CEO of this company is a fraud? You do know that he's a managing partner and attorney in Houston TX?

Of course the company is a PINK. The former company had no business plan or operational business since 2004.

PGI Energy simply bought this company out to fast track taking their company ( PGI Energy ) public and to satisfy the requirements in order to close the $100M in financing they just recently received

They are currently working on financials and an S-1 filing to become a fully reporting company. If you took the time to read through the facebook posts, you might learn more about this new companyy and its direction.

In my opinion, you could not be more further from the truth!

Marcellous McZeal- CEO & Corporate Counsel PGI Energy;
2000-2010 Managing partner in the law firm of Grealish & McZeal LLP in Houston, Texas. Oil and Gas litigation, prepare and examine contracts involving leases, licenses, purchases, sales, and insurance. Southwestern University, Georgetown, Texas B.A. Degree, May 1991, Finance and Business Major. South Texas College of Law, Houston, Texas, Doctor of Jurisprudence Degree, May 1995 Admitted to Texas Bar; U.S. Court of Appeals for the Fifth Circuit, U.S. District Court for the Western Districts of Texas and Southern District of Texas.