PGIE PGI Energy Inc (CE)

PGI Energy, Inc. (Pink Sheets:PGIE):

Letter from Marcellous McZeal, CEO

Dear Shareholders

I wanted to take this opportunity to address shareholder concerns and the sporadic trading of the stock by investors. There has been speculation regarding the company and its executives enriching themselves from the trading of the stock. I must reiterate that all of our executives still own 100% of their shares and that their shares are restricted and not free-trading. Further, the trading of stocks in the secondary market among shareholders, market makers and day traders, does not affect the balance sheet as these shares are being sold by individuals as opposed to a traditional IPO. We have not conducted an IPO on this company stock; we inherited our shareholders. Therefore, we are not manipulating the market. There is no incentive to do so and we do not benefit. We, too, are very concerned about the market price. However, we are powerless to control the daily trading. We interviewed three IR/PR firms and decided to hire a new firm to provide market awareness. We have instructed our internal IT/IR personnel to update the company website to provide more details and transparency about the company business activities. The company only disseminates accurate and truthful press releases based upon signed and executed agreements. We are still trying to close the gas oil contracts we have with Russian refineries as allocation holders. These contracts are very complex and contain intricate legal jargon involving the counterparties and are usually 20-40 pages. Accordingly, we do not distribute the full contracts in press releases. We engaged parties to purchase gas oil from us. Those parties defaulted. We then engaged another exit buyer for the product through our trading division. We are still expecting to post earnings from the sale of gas oil products and crude. Only two of our divisions are generating modest revenues. Those divisions are our commodities trading division and our transportation logistics division. We are still developing our green energy division with Waste to Energy Solutions, Ex-Factory for the development of wood pellets, syn gas, and synthetic crude modular units. These technologies require a significant amount of time to construct units and deploy for commercial use, we are developing operators manuals, feed stock agreements, putting insurances in place such as performance bonds and business risk interruption insurance which all requires third parties to complete. We have a direct lender who pledged to provide a credit facility for us to fund the alternative energy solutions once we have met risk insurance contingencies identified by the lender. Our staff is working very aggressively to achieve success in our business model. We believe we have an excellent growth business model and that our stock is undervalued. We believe that once earnings are posted shareholders will see the true value of our company.

About us

PGI Energy, Inc., is an energy holding company, headquartered in Houston, Texas. The company’s purpose is to acquire assets in the proven producing oil and gas assets, refinery and pipeline sectors of the energy industry and other synergistic assets. The company will only acquire proven producing, and income producing assets.

For more information visit: WWW.PGIEnergy.us or Email: info@pgienergy.us

PGI Energy (CE) (USOTC:PGIE)
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PGI Energy (CE) (USOTC:PGIE)
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De Mar 2024 à Mar 2025