The PRs bring the PPS down because no one believes Gandy anymore. After the overblown PRs about the 800 million dollar deal many shareholders figured out Gandy and company were diluting. I have continued to post what I believe to be the truth behind Gandys lies. Some additional information you may or may not realize... Companies need to dilute shares in order to survive sometimes. Mostly with new companys. Gandy has overplayed some of the PRs in order to achieve this. I believe Gandy and his cronies to have even shorted their own stock while waiting for their raise in A/S to be finalized. We are now up to 3 billion A/S and 3 billion preferred class B I believe. While this kills the PPS....PGIE is trying to stay alive. As I posted yesterday..... I think the PPS currently represents fair value of PGIE at this time. ANY real deal should make the PPS rise....However investor confidance is so low I dont see this rising much past .0012. I have a gut feeling Gandy has not learned his lesson yet. As soon as I have the time I will be travelling to Houston myself. I cant wait to see the look on his face when I introduce myself.
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