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Pan Global Corp. (PGLO)

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Last Post: QualityStocks on 10/16/2014 5:17:59 PM | 64 Total Posts

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10/21/13
21-oct-13 20:40:38

Pan Global Corp. is “One to Watch”

Pan Global Corp. is focused on building the world’s green economy by developing, building, owning, and operating the necessary infrastructure. Current opportunities are currently concentrated on developing projects in India, specifically in the areas of hydro-power generation, solar PV, geo-thermal, sustainable agriculture, and green construction.

The India growth story is frequently compared to China, which has sustained above-average annual growth for three decades, whereas India’s take-off growth began at a later stage. During the last decade, India’s growth has averaged approximately 8% per year. India is poised for high GDP growth that will be sustained for decades to come.

Within the Indian market there are available various government-backed incentives programs, including those which provide direct tariff subsidies as well as market-based tariff support through renewable energy credits. Assessing project viability on a case by case basis, Pan Global seeks to invest in projects both as owner-developers and/or as partners with other developers.

Pan Global’s business strategy is an extension of the company’s commitment to improve human well-being and social equity, while significantly reducing environmental risks and ecological scarcities. By developing a series of highly environmentally sustainable and high ROI projects, Pan Global aims to accelerate business growth.

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QualityStocks
10/22/2013 6:58:29 PM

Pan Global Corp. (PGLO) Discusses Capitalization Benefit of Recent Reduction of Issued and Outstanding Shares

Pan Global Corp., a company that focuses on building environmentally sustainable energy sources and technologies, today discussed its recent reduction of issued and outstanding common shares from 455,155,000 to 155,155,000. The company recently finalized a common stock for preferred stock exchange agreement with its majority shareholder to exchange 300,000,000 common shares for 3,000,000 shares of Series C Convertible Preferred Shares.

Pan Global Corp. noted the benefits of this agreement for its future enterprises and its shareholders. Lessening its amount of outstanding common shares strengthens and bolsters its cap structure, which will be an asset in helping the company in its efforts to attract investments and make acquisitions for further build-up. Pan Global also noted that Series C Convertible Preferred Shares are only convertible on a one-for-one basis. On that account it said that the dilution effect on current shareholders’ investment should be minimal.

The company plans to explore and implement new ways to bring value to its shareholders. Pan Global Corp. also looks forward to continue working with its wholly owned subsidiary, Pan Asia Infratech, to invest in green energy technology and infrastructure to build an inclusive green economy around the world.

More information about the Exchange Agreement can be found at: http://www.sec.gov/Archives/edgar/data/1492617/000149315213002025/form8-k.htm

For information regarding Pan Global Corp., visit: www.panglobalcorp.com

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QualityStocks
10/22/2013 8:14:07 PM

Pan Global Corp. (PGLO) Engages QualityStocks Investor Relations Services

Pan Global, Corp. just announced that they have agreed with QualityStocks to be featured in The Small Cap QualityStocks Daily Newsletter, QualityStocks Daily Blogs and Message Boards. QualityStocks, based in Scottsdale, Arizona, is a free service that collates data from hundreds of Small-Cap online Investment Newsletters into one Daily Newsletter Report. QualityStocks is dedicated to assisting emerging public companies with their investor communication efforts. 

Pan Global is focused on building the world’s green economy by developing, building, owning, and operating the necessary infrastructure. Current opportunities are concentrated on developing projects in India, specifically in the areas of hydro-power generation, solar PV, geo-thermal, sustainable agriculture, and green construction.

PGLO Management stated, “By developing a series of highly environmentally sustainable and high ROI projects, Pan Global aims to accelerate business growth. PGLO appreciates the opportunity to reach more investors through the sponsorship of the QualityStocks Newsletter, Video and Blogs. QualityStocks is providing a much needed service in the micro-cap and small-cap markets.”

For information regarding Pan Global Corp., visit: www.panglobalcorp.com

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QualityStocks
10/24/2013 3:15:09 PM

Pan Global Corp. (PGLO) Announces Its Information is Now Available through S&P’s Capital Corporation Records

Pan Global Corp., a company that focuses on investing in and building environmentally sustainable energy, infrastructure, and technologies, today announced in a news release that its company information is now available through via Standard & Poor’s (S&P) Capital IQ Corporation Records Program. The company’s profile information provided in this program includes in-depth details of its business operations, share price, dividend history, outstanding shares, corporate financial position, earnings, and full income statement and balance sheet.

The S&P Capital IQ Corporation Records is a widely recognized securities manual for secondary trading in up to 38 States under the Blue Sky Laws. It is available in print, CD-ROM, and via the web at www.netadvantage.standardandpoors.com as well as through multiple digital vendors. As part of its program entry, Pan Global Corp. was featured in the Daily News Section of S&P’s Corporation Records on October 22, 2013 as well.

Working through its wholly owned subsidiary, Pan Asia Infratech Corp., Pan Global Corp. seeks to invest in green energy technology and infrastructure to build an inclusive green economy around the world. One of the areas that Pan Global is heavily investigating for investment opportunities are alternative energy projects, mainly currently focusing on development of electric power generation projects from renewable energy sources such as solar, mini-hydro, geothermal, and wind sources in the ever-growing Indian economy. Other areas of interest include solutions that bring about greater energy efficiency and secure environmental sustainability. 

For additional information, please visit: www.panglobalcorp.com

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QualityStocks
10/28/2013 6:30:06 PM

Pan Global Corp. (PGLO) Chairman Issues Letter to Shareholders

Pan Global Corp., a company focused on investing in green energy technology and energy globally, today announced the release of a letter to company shareholders, penned by Bharat Vasandani, chairman of the company’s board of directors. The letter entitled “Our Commitment to Make Life Green—Our Vision and Plans,” discusses the company’s intention to pursue life-enhancing green technologies and energy sources at an international level, and its plans to carry that vision out.

The letter notes that in line with PGLO’s mission to “make life green,” the company is currently focusing investing and consulting efforts in three areas: alternative energy, sustainable solutions and energy efficiency. In alternative energy, the company is investigating opportunities to develop electric power generation projects from renewable energy sources such as solar, mini-hydro, geothermal and wind. It is focusing on investment opportunities in this area in India, though not exclusively so.

For sustainable solutions, the company is looking at investing in non-energy infrastructure and technologies that offer environmentally sustainable solutions in place of conventional technologies. One concrete area in which PGLO is looking to bolster solutions in its focus is in the establishment of greenhouse facilities in India for the growing of certain crops. The company also sees potential in the Indian market for water purification and waste-water treatment. While it is focusing on investment opportunities in India, PGLO said it also believes there are existing technologies in the building sector that are widely used in Europe and North America which significantly improve resource efficiency and which can be adapted to the Indian market.

For the last area, energy efficiency, PGLO is providing consulting, project implementation, and project management solutions to Indian businesses and households. The company envisions more energy-efficient solutions in areas such as alternative energy technology implementation, building retrofits to reduce energy usage, installation of electrical control system technology and other similar items.

The letter notes that Indian market potentials for alternative energy, sustainable solutions, and energy efficiency are promising, as the Indian renewable energy market was worth $17 billion in 2011 and growing at 15% per year. The market for energy efficiency products is projected to grow to $27 billion by 2018, and the market for green buildings in India was $3 billion in 2011.

A PDF copy of the letter can be found at: http://media.marketwire.com/attachments/201310/198193_PGLOCHAIRMANLETTER10-28-13.pdf

For more information, visit: www.panglobalcorp.com

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QualityStocks
10/29/2013 6:34:26 PM

Pan Global Corp. (PGLO) to Acquire 5.7MW Small-Hydro Plant in India

Pan Global Corp. (PGLO), a company that pursues global investment opportunities in green energy technology and energy assets, said in a news release today via its wholly owned subsidiary, Pan Asia Infratech Corp., that it has entered into a definitive stock purchase agreement to acquire 100 percent of the outstanding shares and convertible debt (if not previously converted) of Regency Yamuna Energy Limited (RYEL). RYEL is a privately held Indian corporation which is commissioning a 5.7 MW small-hydro project in northern India. This project is expected to be 95 percent complete, with commercial operations expected to begin in Q4 2013.

“We are excited to have reached another step in developing our business. Execution of this definitive agreement stems from our commitment to establish ourselves in the green economy,” PGLO management stated in the news release. “We believe our capital structure, combined with current and potentially new investors and our professional team, provides us with the tools to complete this acquisition and share the benefits with our stockholders for years to come.”

Among others, the terms of the agreement between Pan Asia Infratech and Arun Sharma, director and majority stockholder of RYEL, include:

– The parties have agreed upon the project’s valuation of rupees 671,100,000 (approximately $11,001,639 USD);

– The agreed upon total purchase price in the agreement is rupees 387,500,000 (approximately $6,352,459 USD);

– The long terms loans provided by the State Bank of Patiala (“SBOP”) to the RYEL totaling rupees 283,600,000 (approximately $4,649,180 USD) will remain in place at closing and Sharma has agreed to maintain his current personal guarantees with SBOP until the company can arrange alternative security to SBOP;

– RYEL will be acquired over several tranches through a series of closings. In each closing, PGLO will receive portions of the equity of RYEL until it has reached 100 percent ownership; and

– The first set of tranches totaling approximately rupees 20,000,000 (approximately $327,869 USD) will purchase new equity in RYEL. These first closings will allow RYEL to complete the remaining construction on the project, thereby enabling it to become commercially operational and begin producing revenue.

The figures presented for the agreement were calculated according to an average exchange rate of 61 rupees for every U.S. dollar for the time before October 28, 2013.

More details of the agreement can be found in PGLO’s Form 8-K, available at: www.sec.gov

For more information regarding PGLO, visit: www.panglobalcorp.com 

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QualityStocks
11/5/2013 5:51:37 PM

Pan Global Corp. (PGLO) Enters Finance Agreement for First Closing of Small Hydro Plant Acquisition

Pan Global today announced its entrance into a loan agreement with its long-time lead financier, Anatom Associates S.A. The agreement is for up to USD$1.0 million in non-convertible 8% debt. PGLO will use part of this financing to fund the first set of closings on its planned acquisition of 100% of the outstanding shares and convertible debt of Regency Yamuna Energy Limited (RYEL). RYEL is a privately held Indian corporation that is building a 5.7 MW small-hydro project in India. The project is currently valued at around USD$11.0 million. 

PGLO will now be able to complete the initial financing of this target acquisition as previously disclosed in its Stock Purchase Agreement, dated October 28, 2013, between its wholly owned subsidiary, Pan Asia Infratech Corp., RYEL, and RYEL shareholders. It will also be able to begin funding the first set of closings with 40.0 million Rupees (Rs. 40,000,000) (approximately USD$655,738), a portion of which will enable RYEL to complete the project’s construction and enable the project to be connected to the power grid.

PGLO’s management commented, “Anatom has been a lender to PGLO for close to a year and with this Finance Agreement, continues to support its business plan. We continue to develop our financing plan, and we remain optimistic that ongoing discussions with Anatom and other investors will result in acquiring the balance of RYEL.”

PGLO is a company that pursues global investment opportunities in green energy technology and energy assets. It is focused on the sectors of alternative energies, sustainable solutions, and energy efficiency. 

More information about its finance agreement and initial financing can be found in its Form 8-K, available at: http://www.sec.gov/Archives/edgar/data/1492617/000149315213002208/0001493152-13-002208-index.htm

More information regarding PGLO can be found at: www.panglobalcorp.com

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QualityStocks
11/11/2013 7:05:40 PM

Updates on Pan Global Corp. (PGLO) Hydroelectric Plant Acquisition

Environmentally sustainable energy, infrastructure, and technologies-focused company Pan Global Corp. recently announced it is making significant strides toward its acquisition of a small hydroelectric power plant in India.

Through Pan Asia Infratech Corp., its wholly owned subsidiary, the company entered into a non-binding letter of intent (LOI) on Sept. 10, 2013, pursuant to which Pan Global plans to acquire 100 percent of the outstanding equity of a privately held Indian corporation (the target) that is commissioning a 5.7 MW small-hydro project in northern India (the project). The project was estimated to be 95 percent complete at the time of execution of the LOI and has a planned commercial operation date during the fourth quarter of 2013.

Since the LOI was executed, Pan Global has engaged Tractabel Engineering to perform technical due diligence and has also engaged Ernst & Young India to perform financial due diligence. The company’s attorneys have been assigned to conduct legal due diligence on the target.

Thus far, site visits have been conducted, future earning models have been analyzed, and valuation studies are being commissioned. This is indicative of Pan Global’s commitment to generate revenue from green energy, which is one of its key target sectors. Additionally, the company is targeting a 9.5 MW small-hydro project as its next potential acquisition.

For more information about the LOI, see the company’s Form 8-K, which was filed with the SEC on Sept. 18, 2013 (www.sec.gov/Archives/edgar/data/1492617/000149315213001828/form8-k.htm). For more information about Pan Global, visit www.panglobalcorp.com. 

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11/18/2013 6:05:33 PM

Pan Global Corp. (PGLO) Accepts Final Engineering Due Diligence Report, Moves Forward with RYEL Acquisition

Pan Global Corp., a company focused on environmentally sustainable energy, infrastructure and technologies, reports that it has accepted the results of the final engineering due diligence report from Tractebel Engineering Pvt. Ltd., satisfying one of the pre-closing conditions for the consummation of the first tranche of the first closing of Pan Global’s acquisition of Regency Yamuna Energy Ltd. 

As previously announced, Pan Global, via wholly owned subsidiary Pan Asia Infratech Corp., intends to acquire Regency Yamuna in a staggered transaction of 100 percent of the outstanding shares and convertible debt of the privately held India corporation commissioning a 5.7 MW small-hydro project in northern India. 

The conclusions and recommendations of Tractebel’s report support Pan Global’s plan to move forward with the $11.0 million acquisition of Regency Yamuna. Among other things, Regency Yamuna has agreed to accept several recommendations in Tractebel’s report including, but not limited to, the company addressing certain construction deficiencies. 

Pan Global said it intends to ensure the construction of the hydropower project adheres to the highest professional engineering standards. 

For more information on the acquisition, visit http://www.sec.gov/Archives/edgar/data/1492617/000149315213002093/0001493152-13-002093-index.htm

For more information on Pan Global, visit www.panglobalcorp.com

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QualityStocks
11/22/2013 6:30:50 PM

Pan Global Corp. (PGLO) Advances Hydro Project Acquisition, Financial Due Diligence Meets Requirements

Green energy advocate Pan Global has received the final financial due diligence report produced by Ernst & Young, LLP India (E&Y India), enabling the company to move forward with the previously announced staggered acquisition of a 5.7 MW small-hydro project in northern India. Pan Global reports that the financial report meets the financial due diligence requirements of the acquisition agreement with Regency Yamuna Energy Ltd. (RYEL), a privately held Indian corporation. 

“We thank E&Y India for their professionalism and timely delivery of their financial due diligence report on the project. We retained E&Y India to perform this important task because of their impeccable standards and integrity and with the expectation that they would help us reduce our acquisition risk,” Pan Global management stated in the news release. “We look forward to completing the next steps towards the next closing of the acquisition agreement.” 

As previously announced, Pan Global, through its wholly owned subsidiary, Pan Asia Infratech Corp., has entered into a definitive stock purchase agreement with RYEL and its shareholders to acquire 100 percent of the outstanding shares and convertible debt of RYEL. 

The project has a valuation of approximately USD$11.0 million, and is being commissioned by RYEL. The project is estimated to be 95 percent complete with commercial operation slated to begin in the fourth quarter of 2013. 

For more information, visit: www.panglobalcorp.com

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QualityStocks
12/3/2013 6:13:08 PM

Pan Global Corp. (PGLO) Begins to Tap Massive Hydropower Potential in India

Today’s growing investment in India has increasingly focused on the renewable energy sector. It’s an understandable trend, since energy is a foundation for any modern economy, and rapidly developing nations require rapidly developing sources of energy. But India, already a major user of coal and oil, has worked hard to move away from polluting fossil fuels, developing large scale wind and solar installations, and supporting a variety of green initiatives. The country is now planning to build what would be the world’s largest solar power plant, with an expected capacity of nearly 4,000 MW. 

Hydro power, still the world’s major renewable electrical energy source, has a long history in India, where some of the very first hydroelectric plants in Asia were constructed. India’s geography offers massive as yet untapped hydroelectric opportunities, especially in mountainous northern India, and the country ranks 5th in the world for such potential. Today hydro power is experiencing new life in India, as smaller hydroelectric projects are being developed to help fill the country’s growing electrical power gap. Such small scale hydro plants can generate significant power with relatively low-flow rates, avoiding the damaging effects of large scale reservoirs. 

Pan Global, through its wholly-owned subsidiary, Pan Asia Infratech, is focused on environmentally sustainable energy, infrastructure, and technologies, and is investing in green energy projects to build an inclusive green economy around the world, with a current focus on India. Most recently, the company has been engaged in the ongoing acquisition Regency Yamuna Energy Limited, a privately held India corporation commissioning a 5.7 MW small-hydro project in northern India. 

Pan Global is focused on developing a series of highly environmentally sustainable and high ROI projects. They are specifically focused on the following immediate opportunities in India:

• The development of small hydro power generation projects
• The development of solar PV projects
• The development of agriculture under controlled growing conditions
• The development of mega-watt scale geo-thermal power projects
• The development of green buildings 

For more information, visit www.PanGlobalCorp.com

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