Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
REG D 504 was out in January08, see:
http://www.sec.gov/cgi-bin/browse-edgar?company=healthy+coffee&CIK=&filenum=&State=&SIC=&owner=include&action=getcompany
HCFE has only approx. 500,000 US$ market volume since REGD in Jan and Feb08. Of this max. of 50% is REG volume (or income from the accredited investors, as these investors normally get 30-50% market discount).
So they have still the possibility to íssue shares in the amount of 500-750,000 USD! 1,000,000 USD is the max they are allowed to sell in free trading shares. That means spprox. 1,000,000,000-1,500,000,000 shares at 0,0005 for example...
All possible with 4,000,000,000 AS. So it could be 0,0003-0,0004 very soon, if they continue selling. We have only seen one day with a max. of approx. 100M since now.
very simple: a REGD...
A REGD is never being reported (beside the SEC document) in offence before and during selling because the prices for selling would be much lower... that is the Pink system. Not fine, but this is it. BLLB is also a good company and did the same.
Your share counts are still misleading (you mixe AS and OS like you want for your argumentation). PHGI is no major diluting maschine. It has diluted to grow. Most starting companies must dilute. Look at RMDM for bad example: that is a scam or diluting maschine.
One other point: Beebe has no controlling share count if he dilute too much. He has no "super"-preferred share with counting 1:100000 etc... . So he has no interest to dilute.
And last point: hasn't Beebe give you the AS count two weeks ago through this board (see I-Box)?!
totally false, because you add the preferred B/C to your fully diluted AS count.
first, the B/C series are not complete issued and outstanding!
and second, one year ago, the preferred have been still in the AS. So one year ago, you had approx. 500M fully diluted AS (not 50M), today 1B fully diluted AS.
by the way its still not the OS count, what is the more important one. OS common now at max 580M, with converted preferred approx. 800M.
misleading statements from you?
every man (woman) has its own view... and that is good.
you should only invest at the pinks if
-you can buy at the end of a dilution cycle and not at the beginning.
-you search for companies that are not only incorporated to dilute, but to grow.
i see these two sit. in BLLB and PHGI at the moment, and this will effect the PPS.
all the other things with preferred that are not outstanding etc. : at the moment we have 580,000,000 common AS (!), even if you want it to be more. And this is after a REGD504... time to buy.
The pink system is to sell shares for scalping or to grow... here i see no scalping. and this means: $$$ if you move in at the right moment.
look at my history: i know from what i am speaking about. i know the other site very good...
if PHGI would be only a dilution scalping maschine we would have seen 2B shares months ago and would have still seen an RS... but this thing will not dilute any sig. amounts of new free trading shares for 9 months from now and has still under 580M common.
so 1-2 pennies are very likely in the next 3 months, same sit. like BLLB.
For PHGI I see same situation like BLLB.
BLLB has diluted from 100,000,000 to 1,000,000,000.
PHGI from 155,000,000 to 580,000,000.
Both interesting 1-2cent plays for the next months, and maybe also longterm interesting.
BLLB: low 0.0004 (feb08), today 0.034
PHGI: low 0.0006 (feb08), today 0.014
and that together with the new SEC rule effecting sale of unregistered stock since 02/15/08
Also,
they have filed a Reg D 504 in late December07.
http://www.sec.gov/cgi-bin/browse-edgar?company=perihelion&CIK=&filenum=&State=&SIC=&owner=include&action=getcompany
So, they are allowed to sell free-trading shares for 1,000,000 USD in 12 months since end of Nov07 (reg d is normally filed 1 month after first selling, and you see also in chart beginning of selling in late nov)!
Lok at monthly $ volume in trading since end of Nov07
Feb08 579,493.00 USD
Jan07 488,465.00 USD
Dec07 226,432.00 USD
=Nearly 1,300,000 USD
Normally 50-60% of $ volume in trading is balanced dilution with this decline. SO dilution with free selling stock should be near the end or still over for the next 9 months.
To your info: I am now in with 4,000,000 common.
everybody can proof it
https://sos-res.state.de.us/tin/GINameSearch.jsp
the last increase in common AS could be due to some conversion of old preferred C, but even if not, and even if the AS common is maxed out at this time wihout conversions, fully diluted we are not over 800,000,000 common!
Preferred B are convertible only in 1/4 common: max 5,000,000
Preffered C are convertible in 3/1 common: max 450,000,000
Lat count B OS 20,000,000: + 5,000,000
Last count C OS 69,000,000: + 210,000,000
The preferred C divident is not counted because we get them and will be not diluted.
Market cap is at the moment max. 580,000,000 * 0,0014= 812,000 USD, and fully diluted max. approx. 800,000,000 * 0,0014= 1,120,000 USD.
So, PHGI in my opinion is undervalued. And I don't see that this company is a major diluting maschine like other examples at the Pinks.
This cost me 20 USD but here it is:
received today (filing status of 02/29/2008)
Common authorized shares at 02/29/2008: 580,000,000
Preferred B at 02/29/2008: 20,000,000
Preferred C at 02/29/2008: 150,000,000
Total authorized: 750,000,000
Entity Details
--------------------------------------------------------------------------------
File Number: 4216416 Incorporation Date / Formation Date: 09/07/2006
(mm/dd/yyyy)
Entity Name: PERIHELION GLOBAL, INC.
Entity Kind: CORPORATION Entity Type: GENERAL
Residency: DOMESTIC State: DE
Status: GOOD STANDING Status Date: 09/07/2006
TAX INFORMATION
Last Annual Report Filed: 2006 Tax Due: $ 165,000.00
Annual Tax Assessment: $ 165,000.00 Total Authorized Shares: 750,000,000
REGISTERED AGENT INFORMATION
Name: THE CORPORATION TRUST COMPANY
Address: CORPORATION TRUST CENTER 1209 ORANGE STREET
City: WILMINGTON County: NEW CASTLE
State: DE Postal Code: 19801
Phone: (302)658-7581
FILING HISTORY (Last 5 Filings)
Seq Document Code Description No. of pages Filing Date
(mm/dd/yyyy) Filing Time Effective Date
(mm/dd/yyyy)
1 0240S Amendment; Stock 1 02/19/2008 07:35 02/19/2008
--------------------------------------------------------------------------------
2 0240S Amendment; Stock 1 02/12/2008 16:32 02/12/2008
--------------------------------------------------------------------------------
3 0240S Amendment; Stock 1 12/14/2007 15:11 12/14/2007
--------------------------------------------------------------------------------
4 0240S Amendment; Stock 1 09/19/2007 20:45 09/19/2007
--------------------------------------------------------------------------------
5 0240S Amendment; Stock 1 08/27/2007 13:31 08/27/2007
its very simple: the next days will show us where we will go...
both is possible.
where can you see this numbers... www.... ?
interesting company! I come to you...
new SEC rule regarding the sale of unregistered shares has gone effective 02/15/08! Will effect mainly non-SEC-reporting companies like FTXN! Unregistered shares must be hold now at least 6 months and cannot be sold in the market. The rule is effective retropectively!!!
http://www.sec.gov/rules/final/2007/33-8869fr.pdf
day of breathing...
we will consolidate now...
volume has decreased significantly!
BELL BUCKLE, YOUR ARE MY FAVOURITE PLAY!
Go UP!!!
In 2006 BLLB had an income of 1,000,000 USD and net income of 112,000 USD! Also, they have only low long-term liabilities. This is an producing company with + at end of the year! They grow now with a new producing facility saving costs later and higher the income. IMO they have to dilute for this one time affair in this year.
I now calculate with current max. OS (=AS) of 1,000,000,000 shares * 0,0007 = 700,000 USD market cap! Low for this company if we think of an income up to 2,500,000 USD in 2008.
Without doubt they have sold out up to 950,000,000 shares for XXX,XXX USD, but to buy this new facility.
My short term PPS goal is 0,005 USD.
http://www.pinksheets.com/otciq/ajax/showFinancialReportById?id=11573
This could be the reason: they need money for the new production facility (see PR Jan08). they first thought 500M will be enough, but PPS declined too much by selling the first 400M (new shares), so they need to sell additional shares. It is very likely that they have raised enough money now. Otherwise they would have ammended the AS to higher numbers in Feb after the facility deal.
the raise to 10B before the last RS was not in any connection with this company!
they need money for the new production facility (see PR Jan08). they first thought 500M will be enough, but PPS declined too much by selling the first 400M (new shares), so they need to sell additional shares. It is very likely that they have raised enough money now. Otherwise they would have ammended the AS to higher numbers in Feb after the facility deal.
But that dilution before RS was not in relation with todays company!
only small trades today until now...
new SEC rule regarding the sale of unregistered shares effective today! Will effect mainly non-SEC-reporting companies
http://www.sec.gov/rules/final/2007/33-8869fr.pdf
26% of the AS....
is anybody from this board buying in the last minutes?
170M 17%AS
AS is maxed out. BOUNCE?
150!
the AS should be maxed out soon!
140M !
130M they must be near the AS now...
we may see an intraday reversal if they reach the AS today.
with 150-200M its possible...
121M
they need money
113M! sell off today...
first time over 100M
thats 11.3% of the AS
sell off today IMO ...
we see some buyers... any news?
it was long time ago that we have seen 0.006$, but I cannot find anything news on news, website etc.
news?