PNGY Patriot Energy Corp. featured news, full reports, and detailed charts
Patriot Energy Corp. (PNGY/PNGY.PK) Wrap Up:
Patriot Energy Corp. was formerly known as Healing Hand Network International, Inc. The company is based in Las Vegas, Nevada.Patriot Energy Corp. (PNGY:Pink OTC Markets Inc)
Snapshot of Patriot Energy Corp. (PNGY)
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OPEN
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PREVIOUS CLOSE
$0.0001
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DAY HIGH
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DAY LOW
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52 WEEK HIGH
03/19/09 - $0.05
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52 WEEK LOW
06/26/09 - $0.0001
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MARKET CAP
0.0
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AVERAGE VOLUME 3 mo
0.0
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DILUTED EPS TTM
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SHARES OUTSTANDING
0.0
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PNGY Does Not Pay Dividends
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P/E TTM
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PNGY Top Compensated Officers
Executives, Board Directors
Key developments for Patriot Energy Corp. (PNGY)
To alleviate potential shareholder concerns regarding the actions of Alcoses Group in Dubai, United Arab Emirates
Patriot Energy Corp. signed a multi-year distribution agreement with Marmara Motorlu of the middle east; a deal valued at $212 million.
Patriot Energy Corp. announced that it has concluded a distribution agreement with Toshent Overseas valued at $255 million, further to the previously announced letter of intent and memorandum of understanding. According to the Distribution agreement and initial purchase order, Toshent Overseas will purchase and distribute the H2O device in the Russian marketplace and Eurasia on a non-exclusive but preferential basis. Toshent will purchase 12,500 units per month minimum (150,000 per year) for a period of 5 years, representing unit sales of $187.5 million and 67.5 million in recurring revenues. The consolidated distribution agreement and purchase orders on hand represent over $340 million in revenue for the company over the next 5-years. The company is planning to provide a letter to shareholders to outline the steps taken or to be taken to conclude the sale of the company as well as answer common questions and inquiries.
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Industry Analysis
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