PGI Energy

August 19, 2011 06:30 ET

PGI Energy Announces Stock Dividend

HOUSTON, TX--(Marketwire - Aug 19, 2011) - PGI Energy, Inc. (PINKSHEETS: PGIE)

PGI ENERGY, INC. announces a 1 for 1 stock dividend to all record shareholders to take effect September 15, 2011. The Company will issue a 1 for 1 stock dividend certificate to all shareholders of record up to the date the dividend shares are distributed on September 15, 2011. Shares held in brokerage account will have their account credited by CEDE electronically. The Company is expected to announce earnings during the third quarter. The Company will schedule a shareholder conference call for the end of the third quarter to discuss earnings results, updates on joint venture partnerships, discuss new acquisitions and financial forecast for the end of the year. The company wanted its shareholders to know its employees and executives are always looking to increase shareholder value!

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.

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Contact Information

  • Contact
    Media & Investor Relations Contact:
    PGI Energy, Inc.
    Josee I. Colon