PGI Energy Announces Revenue Generating Divisions
16 5월 2011 - 8:00PM
Business Wire
PGI Energy, Inc. (Pink Sheets:PGIE)
PGI Energy is pleased to announce that its transportation
and logistics subsidiary “PGI ENERGY TRANSPORTATION &
LOGISTICS, INC” has been awarded a contract to begin
transporting products for a major pipe manufacturing company in
LaPorte, Texas. This marks the beginning of revenue generation by a
division of the company we expect to grow very rapidly. The Company
has been submitting competitive bid proposals, and direct marketing
strategies to national companies which are beginning to show signs
of success. Our transportation and logistics subsidiary is headed
by Robert D. Gandy II, Domonic Givens, and Kendal Givens,
logistics managers. The transportation and logistics division was
established to facilitate transportation of physical commodities
for the company. However, we saw an opportunity to generate
revenues for the company outside our core operation, thus
maximizing our profit potential says the trio. Our commodities
trading division is aggressively driving revenue growth for the
company in their daily trading activities. We currently trade
commodities futures via the Web Ice platform. We also trade
physical commodities such as European gasoil’s, synthetic fuels,
traditional fuels and crude. Our commodities division is headed by
our two Senior Commodities Traders Tyrone Willis and
Robert Fuentes. “We are expecting significant earnings
growth to be reported in Q2, according to Areal Doolittle, the
Company’s Chief Operating Officer.” We are still negotiating
final terms with several end buyers for the purchase of 2,000,000
MT of Diesel gas oil known as D2, we have been contracted to resell
from the Russian Refinery.
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.
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
PGI Energy (CE) (USOTC:PGIE)
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PGI Energy (CE) (USOTC:PGIE)
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