HOUSTON, TX — (Marketwire) — 09/09/11 — (PINKSHEETS: PGIE)announces it has entered into a letter of intent to acquire an electrical services company that serves the energy industry. The acquisition target has annual revenues of approx. $15 Million with significant growth opportunities. PGI plans to complete this acquisition within 30 days with institutional investor funding terms currently being negotiated. PGI will grow this division organically through servicing syn gas units, and wood pe
HOUSTON, TX — (Marketwire) — 09/02/11 — (PINKSHEETS: PGIE) – The executive team wants to take this opportunity to address shareholders regarding its decision to issue a stock dividend. We received numerous calls and emails from shareholders expressing their desire that the company not issue the stock dividend over fears of dilution. Consequently, the management team reconsidered its decision, and decided to issue a preferred stock as a dividend convertible to common shares one year from dat
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HOUSTON, TX — (Marketwire) — 08/29/11 — (PINKSHEETS: PGIE) announces reaffirmed financing commitment agreement with in its efforts to move the company onto the Frankfurt Stock Exchange as a bid to prevent short selling of the company-s stock, which is prohibited in European markets.AGS is committed to funding PGI after it moves to the Frankfurt exchange which the company hopes to accomplish by end of September. The company believes its move will increase visibility, transparency, and resul
HOUSTON, TX — (Marketwire) — 08/26/11 — (PINKSHEETS: PGIE) executive team has decided to terminate its Pro One Products sales JV agreement citing irreconcilable differences between the parties. We have also decided to terminate our working relationship with Intertorco Europe, S. A. and their USA office because the US embargo against Sudan prohibits us from conducting business with Sudapet and Northern Sudan regarding the oil industry. Intertorco had previously misrepresented facts and terms
HOUSTON, TX — (Marketwire) — 08/26/11 — (PINKSHEETS: PGIE) through its joint venture with , now commonly known as , receives commitment to purchase eight drilling rigs. PT Rebana Energi Corpindo of Malaysia agreed to buy four 1,000 HP drilling rigs and four 750 HP drilling rigs, which requires a 45% down payment. PGI Energy will receive 50% of the net profits derived from this sale.is an energy holding company, headquartered in Houston, Texas. The company-s purpose is to acquire assets in th
DALLAS, TX — (Marketwire) — 08/25/11 — , Inc., a leading franchisor, continues to expand in the United States by awarding the Dallas Master Franchise rights to Chris Gilliam.Chris is an experienced leader and sales executive with a broad range of financial and operational expertise. He joins Vanguard from Nephroceuticals, Inc. where he served as Vice President of Sales. Previously, Chris spent nearly nine years as regional director for St. Jude Medical sales, three years at Pfizer Pharmace
HOUSTON, TX — (Marketwire) — 08/24/11 — Intergraph will give each university and college student attending CADWorx® & Analysis University 2011 (CAU2011) a free copy of the plant design book Mastering CADWorx Plant by Anthony Horn, a degreed engineer and architect and founder of the Horn CAD Training Center.Horn is the owner of CAD Training Technologies and has also produced a video training course that is considered an industry standard for CADWorx video training. For information on