PGI Energy, Inc. (PGIE: OTC Link) | PGI Energy Announces New EU Division

PGI Energy Announces New EU Division

Aug 31, 2011

OTC Disclosure News Service

Houston, TX –

PGI ENERGY, INC 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 seller’s 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.

José I. Colón,

832-900-1400

 

IR Firm:

Brass Financial LLC
14 Wall Street, 20th Floor
New York, NY 10005
www.BrassFinancial.net

 

 

The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.

Article source: http://www.otcmarkets.com/stock/PGIE/news?id=34975

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