PGNT (.03x.04) on watch list.
WATCH LIST: our profile list stock PGNT (0.03 x 0.04) filed an SC13D/A stating a Common Stock and Warrant Purchase Agreement with Richard Kurtz. The filing states that the transaction has not yet closed but is expected to close on or about January 15, 2003 ("Closing"), or as soon as possible thereafter. After the Closing, the Company may engage in some form of transaction with Digital Technologies 2000 ("Digital"), a privately held company controlled by Mr. Kurtz, which such transaction may include, but not be limited to, a merger, sale of assets, recapitalization, business combination, joint venture, or some combination of the above. Digital is a company engaged in providing electronic marketing products and services to the criminal justice and corrections industry. However, there can be no assurance that the Company and Digital will engage in any transactions, or, if they do, what form such transaction may take. For more information, see digitaltechnologies-2000.com.
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