HOUSTON, TX — (Marketwire) — 10/12/11 — (PINKSHEETS: PGIE) –The executive team wants to take this opportunity to address shareholders regarding its issuance of the preferred stock dividend. We received numerous calls and emails from shareholders regarding the preferred issuance for shareholders with stock held at brokerage accounts. We initially relied upon our transfer agent to file the FINRA Corporate Action forms and were subsequently notified that process has changed, that we are requi
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
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) 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
HOUSTON, TX — (Marketwire) — 08/24/11 — (PINKSHEETS: PGIE)through its joint venture with as operator enters into E & P in Kentucky. PGI and Fossil will begin drilling in the beginning of September and will post videos and photos of the drilling activity. We expect to complete the proven wells within 90 days and begin receiving revenues. PGI Energy owns 40% of the project leases which was purchased for an undisclosed amount. PGI will receive 75% of the Net 80% NRI from the monthly produ
HOUSTON, TX — (Marketwire) — 08/12/11 — (PINKSHEETS: PGIE) through its joint venture with as operator, has acquired a proven producing oil & gas asset. The field is located in Haskell County, Texas, and covers five leases with 11 production wells, 2 injection wells, pumper jacks, tanks, separators, tubing, rods and well equipment. PGI Energy owns 40% of the project which was purchased for an undisclosed amount of money. PGI will receive 40% of the Net 75% NRI from the monthly producti
HOUSTON, TX — (Marketwire) — 08/08/11 — (PINKSHEETS: PGIE)The Executive Management Team would like to take this opportunity to address comments posted to various blog sites to point out flaws within our contracts with various companies. PGI ENERGY has been very aggressive in its growth plans to ink deals with synergistic businesses. We have not done the best job in our due diligence process to investigate every fact and detail regarding target companies.We have relied in good faith upon cer
HOUSTON, TX — (Marketwire) — 08/05/11 — INC. (PINKSHEETS: PGIE) forms joint venture partnership with a revolutionary green based, environmentally friendly products manufacturer, for worldwide distribution and sales of its products.ProOne-s exclusive XPL+ technology is designed to reduce heat and friction under the most extreme conditions… intense heat, high pressure, mud, water… which is why this drilling slurry additive has been proven to offer extraordinary results in horizontal and
HOUSTON, TX — (Marketwire) — 08/02/11 — (PINKSHEETS: PGIE)would like to thank all of its shareholders for your continued support of the company, its vision and business plan. We are excited to see such overwhelming support from the market. We welcome all our new shareholders to the PGI family, as we believe in aligning management interest with those of our shareholders as majority owners of the company. We would like to take this opportunity to present this state of the company address rega
