HOUSTON, Feb. 16, 2012 /PRNewswire/ -- PGI Energy, Inc. (Pink Sheets: PGIE) PGI Energy is pleased to announce to our shareholders that we have distributed the preferred dividend to many of the brokerages who have contacted us as per DTC instructions. We trust that these brokerages will work expeditiously to allocate these shares to your accounts.

We would like to announce an investor conference call with our chief investment officer to further update shareholder is scheduled for February 17th, 2012 @ 11:00 a.m. Central Time. The call in number is (712) 432-0600 Access Code 186528. The company would like to further introduce its new investor hotline which will provide periodic pre-recorded updates for shareholders. Our new Investor Hotline Number is 832-436-1830 Ext. 120 which shall be accessible 24/7 with updates as news develops. We look to improve investor relations in the near future. We appreciate our shareholders patience and hope to regain your confidence once we implement these measures.

We look forward to building a long relationship with our shareholders and adding real company value! Please note that while we seek to implement the above, rarely are plans consummated exactly as designed. There may be unexpected and unintentional diversions from the plans outlined above. In any event, we will continue to update our shareholders in order to maintain transparency and confidence. Again, we look forward to adding real company value in the near future.

About us

PGI Energy Holdings International, Inc is an energy holding company, a Canadian 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 Energy Transportation & Logistics, PGI Energy, Inc., PGI Green E & P and PGI Energy 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 WWW.PGIEnergytransportation.com

Media/Investor Relations

Robert Gandy, Senior

(832) 436-1830 Ext. 103

Email: ir@pgienergy.us

SOURCE PGI Energy, Inc.

Copyright 2012 PR Newswire

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