Replies to post #27576 on PGI Energy, Inc. (PGIE)

[emekacheta]

Folks, here's the response (below) I got from the SEC. I believe our next option should be a class action suit.

Thank you for your correspondence dated September 7, 2012, which has been forwarded to the Office of Investor Education and Advocacy (OIEA).

We appreciate your alerting us to your concerns regarding PGI Energy Inc., PGI Energy Limited and Robert Gandy. OIEA processes many complaints received from individual investors and others. We keep records of the correspondence we receive in a searchable database that U.S. Securities and Exchange Commission (SEC) staff may make use of in inspections, examinations, and investigations. In addition, some correspondence received by OIEA is referred directly to other SEC offices and divisions for their review.

The SEC conducts its investigations on a confidential and nonpublic basis and neither confirms nor denies the existence of an investigation unless the SEC brings charges against someone involved. We do this to protect the integrity and effectiveness of our investigative process and to preserve the privacy of the individuals and entities involved. As a result, we will be unable to confirm whether an investigation exists or provide you with any updates on the status of your complaint or of any pending SEC investigation. Information on our policy is enclosed. You may wish to check our website, www.sec.gov, for information about pending SEC civil actions, administrative cases, and other matters.

If you have any questions, please contact me.

Sincerely,

Trevor Perkins
Attorney
Office of Investor Education and Advocacy
U.S. Securities and Exchange Commission
[phone]
http://www.sec.gov