PGI Energy Announces New EU Division
August 31 2011 - 10:08AM
Marketwired
PGI ENERGY, INC. (PINKSHEETS: PGIE) has
established a new Europe division
PGI Energy
Trading, LTD registered in London and Wales to trade petroleum
products throughout the UK. PGI is currently negotiating with major
petroleum suppliers in the UK to facilitate sale of products on
both spot and contract basis with deep discounts to market pricing
as a wholesaler/reseller on behalf of major buyers. There is a
global demand for fuel Diesel, Jet Fuel, and NGL. PGI is looking to
supply the growing demand and earn hefty profits for its
shareholders.
PGI is in the development and planning stage for building a
unique electronic trading platform for physical commodities
worldwide. PGI is considering a technology developer in India. The
plan is to facilitate buyers' and sellers' negotiation and
settlement of physical commodities trading through a secure
streamlined reliable platform rather than the antiquated human
network trading currently utilized to close most trades.
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, gas assets, refinery, pipeline sectors of the energy
industry and other synergistic assets.
PGI has formed several partnerships to grow its core business
organically through strategic alliances diversifying its interest
in green energy through biomass production, waste to energy, wood
pellets production, syn gas, bio char production and plastics to
synthetic crude. PGI has several core divisions which provide
support to its operations and customers such as PGI Transportation & Logistics, PGI Manufacturing &
Engineering, PGI Green E & P and PGI Commodities
Trading.
CAUTIONARY STATEMENTS REGARDING FORWARD-LOOKING
STATEMENTS
This press release contains forward-looking statements that
involve a number of risks and uncertainties. Forward-looking
statements generally can be identified by the use of
forward-looking terminology such as "believes," "expects," "may,"
"will," "intends, "plans," "should," "seeks," "pro forma,"
"anticipates," "estimates," "continues," or other variations
thereof (including their use in the negative), or by discussions of
strategies, plans or intentions. A number of factors could cause
results to differ materially from those anticipated by such
forward-looking statements, including those discussed under "Risk
Factors" and "Our Business." Forward-looking statements are subject
to known and unknown risks and uncertainties and are based on
potentially inaccurate assumptions that could cause actual results
to differ materially from those expected or implied by the
forward-looking statements. Our actual results could differ
materially from those anticipated in the forward-looking statements
for many reasons.
For more information visit: WWW.PGIEnergy.us or Email: ir@pgienergy.us.
Contact Media/PR PGI Energy, Inc. Jose I. Colon 832-900-1400
IR Firm: Brass Financial LLC 14 Wall Street,
20th Floor New York, NY 10005
www.BrassFinancial.net
PGI Energy (CE) (USOTC:PGIE)
Historical Stock Chart
From Feb 2025 to Mar 2025
PGI Energy (CE) (USOTC:PGIE)
Historical Stock Chart
From Mar 2024 to Mar 2025