Pernix Group Inc (OTCPK:PRXG) intends to make acquisitions. Nidal Z. Zayed, President and Chief Executive Officer of Pernix said: "Our financial condition remains strong, with ample liquidity and no debt. We appreciate the ongoing support of our key constituencies as we focus on implementing our strategic plan, which calls for significant organic growth, as well as growth through acquisitions, in both segments of our business."