Penge Corp (PNGC/PNGC.PK) Wrap Up:

Penge Corp., through its subsidiaries, engages in wholesale and retail nursery operations. It grows landscaping and garden plants, flowers, shrubs, trees, and other agricultural products. The company sells its products to retail nurseries, landscape professionals, and the general public in southwestern United States. As of September 30, 2006, it owned three wholesale nursery operations in Texas and Arizona; a 4 acre retail nursery in Midland, Texas; and 7 acres of land for a second retail center in San Angelo, Texas. The company is based in Midland, Texas.