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.
Maybe the billy goats will get fed, that is BLDV is looking for a Bio-Plant and well PRGL has one. BLDV is into goats too, so odd as it seems you just never know.
Interesting SEC Perihelion Global financial statements listed!
under fillings;
http://www.otcbb.com/asp/Info_Center.asp
Please allow time for the image to load
now again under Perehelion it lists financial statements, but clicking on the links brings up Paragon. What are the odds Perehelion bought out the ticker and co. Paragon? After all we did change Symbol and also changed share structure.
SEC Filings for Perihelion Global New (PRGL)
Its all right there. LOL
Bio Plant is online too as per news.
With production, more things at some point can come.
OTCBB Profile for PRGL
Please allow time for the image to load
http://www.otcbb.com/asp/SiteSearch.asp?Criteria=PRGL&image1.x=0&image1.y=0
What are the odds PRGL is heading to a higher listing?
After all the bio-plant is now online.
lists as PRGL - PARAGON RE EQ
that couldnt be it.
PRGL does quote on www.otcbb.com on the other-OTC heading, yet websites state your not supposed to be able to!
www.querycat.com/faq/0b237441755f6e13899e59154b481c04
_______
Why can't I get a quote on an other-OTC security?
Because other-OTC securities are not quoted on the OTCBB, you will not be able to access quotes on these stocks through the OTCBB.com website, ...
_______
But PRGL does give a quote on the http://www.otcbb.com website!
which leads me to believe that something could be happening soon!
After all Bebee said he was focused on heading to a higher listing in his part 1 and 2 speeches.
really? It seems to work fine for me.
http://www.otcbb.com/asp/Info_Center.asp
type in PRGL
Detailed Quote for Perihelion Global New (PRGL) $ 0.011
Regarding stock floats....
The companies tend to have smaller public floats and lower market capitalizations, allowing for more upside potential when a company achieves success. Smaller public floats lend themselves to greater volatility to both the upside and downside. Penny stocks which trade on the OTCBB and Pink Sheets are generally not marginable. This has two advantages to the individual investor- you cannot over leverage your account and individual investors cannot short the stocks which helps alleviate selling pressure.
In the past the OTCBB and Pink Sheets had a reputation as a haven for scam artists. The recent changes in the qualification regulations and the stringent review process the SEC has placed on Companies in order to maintain their listings at the OTCBB has helped clean this problem up considerably. Today, even the smallest of OTCBB companies is subject to the exact same reporting requirements as Microsoft or General Motors, and this is resulting in a much greater flow of institutional participation in penny stock investing.
http://www.microcapmomentum.com/penny_stocks.html
Float reporting requirements;
http://www.cooley.com/news/alerts.aspx?id=246003
5. Does a company have to disclose its public float for its most recently completed second fiscal quarter?
Currently, companies are required to disclose on the cover page of their annual reports on Form 10-K their public float as of a date within 60 days before filing. The SEC is now requiring every company, regardless of whether or not it is an accelerated filer, to disclose its public float as computed on the last business day of the company’s most recently completed second fiscal quarter. Also, to clarify further a company’s filing status, the SEC is requiring each company to check a box on the cover of its quarterly and annual reports to indicate whether it is an accelerated filer.
I think its all right there.
it was a screen capture from;
So I dont know where your getting your number from avdave, but I know where I'm getting mine.
http://www.pinksheets.com/pink/quote/quote.jsp?symbol=prgl
That screen capture was taken on April 11, 2008
well the $89,500 in current dollars stock added, with $313,000 being the current market cap of the stock is 28.5% added dilution.
If one were to buy up all the shares with just one investor, there is a possibility that PRGL would just reverse split and then further add more dilution to the stock at the same time.
So the pattern may repeat itself again, of stock falling, reverse split and further dilution because the co. has no choice to raise funds to do something.
That or a company may reverse split and dilute in order to protect itself from a hostile takeover.
So I wouldnt recommend that a person put a 2nd mortgage on a house to buy the float, rather to invest a smaller portion if they like what PRGL is offering.
After all, its on historic lows.
Good to buy in, but as always caution is in order.
Cost to buy PRGL float has gone up/Hiring Employees
before the reverse split
155,000,000shares X 0.0001cents/share=$15,500
Cost to buy the PRGL stock float now....
10,500,000shares X 0.01cents=$105,000
While the number is still relatively cheap, its significantly more then it was before the reverse split.
Only 16 investors putting in a grand could have bought up the float before, now it takes 105 investors putting in a grand.
But then again PRGL is online and producing, if really good news leaks it wont take much to buy it all up for a big player.
105,000-15,500=$89,500 in stock added
Really the money raised or added is just enough to hire a plant operator and Administrative Assistant
http://perihelionenergy.com/employment/
Overall, the dilution looks justified based on Perihelions goals for expansion. At some point when everything is running, the bio-plant will pay for the wages, when that happens it could be smooth sailing from there.
A reverse split is the same for the shorts as the long positions, effecting nobody really.
HOWEVER....the company issued a bigger float and authorized shares percentage wise then before It wasnt reduced by the same 530X
That makes it conducive for negative types to continue on with their ways as there is more liquidity then before, its easier for them to cover again on these lows, or to press the stock lower for further gains. 5 cents down to its current 1 cent.
If the float and authorized shares was also reduced at 530X, then all things would still be equal, but its not, the constant increase in float and authorized shares makes it add liquidity each time, which helps shorts cover on low or further sell or short it down.
If the float was reduced at greater then 530X, then the stock would be tighter and would be conducive for the price to more easily go up.
While significant positive news, or positive material changes can help suck up the extra shares now authorized or in float, it still has a damping effect compared to having no dilution. The stock can still move up, but more shares need to be bought to suck up the float.
So, PRGL is further diluted, besides having been reverse split. Its Bio plant is also online now, which is a positive thing.
Its on youtube Part 1 & 2
Listen regarding transparency of TA 2:20 mins to about 4:55 mins
If it was a NSS short getting extra stock to cover, possibly Perihelion was paid extra for the minting of the extra stock if an NSS firm had to cover, or for whatever reason the balance needed to be corrected. That or the balance was corrected at the transfer agent and no one benefitted, like in the case of a broker that went bankrupt years ago and the extra shares needed to be cancelled off. Its all very logical for the reasons why the PRGL board fostered negativity, as that was the marketing stage the stock was in. PRGL management said they wanted to find another stock transfer agent that was more transparent, so moving from Delaware to Nevada may have accomplished that. Lets hope the problems of the past are rectified.
This isnt new. As retails we are supposed to buy high and sell low. You supposed to buy in early and hold when the company shows promise and good news is out, you normally supposed to buy in high when you see your original investment going up. But then the expenses of building happen and years of delay makes the stock lose its luster. The goal is to get you to sell all your shares back at a loss when the stock drops or crashes.
As retails we are supposed to buy high and sell low.
At this point, the plant is online and may still face the smoke and mirrors of setbacks or just normal everyday problems of trying to get a bio-plant running at full steam. Thats when the couch hits the brown lawn, the music gets turned up and the beer bottles thrown everywhere. The extra stock printed to covering an NSS short, or extra stock for PRGL to still sell, should mean that PRGL has extra funds in its coffers to realizing the job of becoming a producer.
It wouldn't surprise me if the NSS has been covered mostly with the extra authorized shares. If it was covered and was from another firm, then Perihelion now has extra funds from that firm. If it was PHGI/PRGL themselves doing it, then they still have new extra shares to sell to raise funds.
At some point, the lawn will turn green, the neighbor next door will be bought out and the price will gap up to what it should be worth, either that or the company will close it all down.
I think I know the risks, either way.
The new fence has been built, bio-plant running or not
Here it comes.
authorized shares also increased after 530 reverse split
5,000,000,000 authorized shares as of April 11, 2008
after 530 reverse split
75,000,000 authorized shares as of June 20, 2008
5,000,000,000/530=should have equalled 9,433,962 shares, but instead we have 75,000,000 authorized shares
In other words, 65,566,037 extra shares has been added into the mix
65.6 million extra shares
Likely to help a NSS short cover a mistake, or the company has printed extra stock to raise more funds.
Float was increased just after the 530 to 1 reverse split
Float was 155,000,000 when stock was at .0001 cents
then after the reverse split, reducing shares 530X
the float now is 10,500,000
thats only a 14.76X reduction in the float stock
Which does mean that shareholders who owned stock before the reverse split were punished more then the float was. Basically you can come to the conclusion either NSS shorts were thrown into the float or that management is looking to sell more stock to raise funds.
A $1000 investment before the reverse split would have bought 10 mill shares or 6.45% of the float
A $1000 investment today after the reverse split at 0.01 cents would buy 100,000 shares or 0.95% of the float
So I will hold onto my significant % of ownership of PRGL and await lower pricing to then further accumulate
Bring in the deals Cecil & sell your shares out.
I'm looking to buy
You have the dates wrong Boatman your running now!
Posted: 7:59 PM Jun 4, 2008
http://www.wtvynews4.com/news/headlines/19550079.html
Opp Mayor H.D. Edgar said, “Once this plant is up and going, it will work quite a few people when it's at full production and create employment for our citizens and create economy for our city.”
From June 4th Mayor comment to June 9th, PRGL PLANT GOES ONLINE
Perihelion Global's Alabama Biodiesel Plant Goes Online
FOXBusiness - Jun 9, 2008
http://www.foxbusiness.com/story/markets/industries/finance/perihelion-globals-alabama-biodiesel-plant-goes-online-industrial-info-news/
Perihelion Global Receives EPA Registration for Perihelion ...
Trading Markets (press release), CA - Jun 23, 2008
http://www.tradingmarkets.com/.site/news/Stock%20News/1706008/
Notice how the mayor says once the plant is up and going and just 5 days later another news report comes out, saying Perihelion plant "goes online" and a few weeks after that comes "EPA Registration for Perihelion". So, there is no problems at all.
PRGL is Online NOW!
Where is your facts Cecil? If Lamar hasnt been paid, provide the board with the proof and links, otherwise your just spreading rumors and lies with your "from what you understand", cause you might not understand anything at all. Which might explain why your negative on this board when you want your investment to go up, its illogical your actions Cecilhog, but I'm glad your a turncoat.
Either way, if he wasnt paid a wage Lamar was probably paid with PRGL stock, which is much better deal then a simple wage when biodiesel is $1/gal tax incentive and only $313K market cap for all PRGL stock.
Ownership always makes the workers work harder to ensure success.
Sounds like your right in the thick of things Cecil, thanks again for the positive speculation.
Lot of smoke n mirrors going on, with a lot of dollars to be made
actually boatman your filling the board with fluff
stating production comes just in mason jars/fruit fly jars and on and on fluffering
examples;
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=30236002
when its very clear that the company is producing 9600 gallons;
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=30489054
Please backup all statements, rebuttals, or criticism of the proposed facts with FACTS Boatman. All statements should be supported by sources, including VERIFIABLE information, links, and/or statements by official personnel.
Pontalba, where are you getting your bizarre ideas from?
The news said the plant is functioning now and your saying its not. Where is your proof????
Perihelion Global's Alabama Biodiesel Plant Goes Online
FOXBusiness - Jun 9, 2008
http://www.foxbusiness.com/story/markets/industries/finance/perihelion-globals-alabama-biodiesel-plant-goes-online-industrial-info-news/
Perihelion Global Receives EPA Registration for Perihelion ...
Trading Markets (press release), CA - Jun 23, 2008
http://www.tradingmarkets.com/.site/news/Stock%20News/1706008/
Please backup all statements, rebuttals, or criticism of the proposed facts with FACTS Pontalba. All statements should be supported by sources, including VERIFIABLE information, links, and/or statements by official personnel.
Thanks Cecil
With a dollar a gallon tax break and say 3 mill gallon per year production.
What does that equal? 3 mill right.
How does that do on a $313K market cap?
Hmmm is right!
Looking good!
Im glad you recognize boatman that the permit will happen. The town of Opp is fully behind Perihelion getting its plant into operation. They wont just issue a permit to build and a permit that reaches government standards for fuel quality, only to then turn around and say you cant dump wastes.
Thats just dumb thinking.
The city of Opp alabama supports Perihelion and its goal of ramping up production;
http://www.cityofopp.com/News/PerihelionOppFacility.htm
PRGL's Robert Boothe,
Government and Public Affairs Representative
http://209.85.173.104/search?q=cache:asXPiiAm-yEJ:www.perihelion.com/management_bios/mgmt_R_Boothe.html+Wiregrass+company+perihelion&hl=en&ct=clnk&cd=7&client=
Your negativity on this board just shows you lack significant stock, or happened to buy too high because you listened to your own cool aid ideas at the time. Now you dont even notice a fence being built, or multiple trucks onsite or figure out that a big hitch is for hauling
Whoa ha ha ha!
LOL is that all you negs posters got?
You got nothing for bad news, instead there is lots of good news.
You must have dropped all your shares on the lows
What are you going to do now? Stand around here and still complain with blank ideas, frowns and profanity and lies?
You got nothing and a cheap stock price is great for new investors to take what you throw away, yet you dont still dont leave? You sell and stay here and complain.
I know what that is!
A higher shareprice and positive investors will help ensure that PRGL has the funds needed to build as your DRY POWDAH will eventually help drive the stock back up! Those that bought too high should either lock in their tax loss and shut up and wait for the price to move back to levels where they originally bought in.
Your just crying in your beer n tears otherwise.
$313K market cap is only a few hundred new investors needed to buy the entire stock, but we need strong hands.
Pontalba/Boatman/doggone or other PRGL posters now here.
Its likely an organized institution or two, who is starting to feel the heat
from their nss printed fake shares or short. I pointed out how a fence grew, with more employees working at the bio-plant and a big hitch for hauling fuel and wastes and they came from that PRGL board complaining and not noticing the changes, not wanting to hear the positive good news.
I pointed out how Chevron has ties to both BLDV and PRGL in seperate ways, so its the posters from the PRGL board that are now spilling over to here, grasping at more straws, trying to find a way to keep a lid on the prices. BLDV needs a bio plant or two and PRGL needs feedstock.
I point out good news for the PRGL stock they complained about and now they still hammer both PRGL and BLDV. What do you call someone who doesnt want to hear good news?
I'll be buying more of both BLDV and PRGL this week, taking advantage of any good deals they may print for deals.
But their pain lets me know I'm onto something, for they work real hard at what they do, almost like they require the price to drop. I wonder what happens to them when the price goes up?
Whoa ha ha ha
Gotta love the market,
Quix
Wiregrass spreads like wild fire
Thanks for the hint Cecil.
Perihelion is hiring a plant operator;
http://perihelionenergy.com/plant-operator
Biodiesel Production in Opp
Posted: 7:59 PM Jun 4, 2008
Last Updated: 8:29 PM Jun 4, 2008
Reporter: Lisa Blackwell
Email Address: lisa@wtvy.com
http://www.wtvynews4.com/news/headlines/19550079.html
One Wiregrass company is making the dream of alternative fuels a reality.
Along with fulfilling that dream will be the addition of new high paying jobs for the area.
After three years in the planning phase, Perihelion Global Energy in Opp is open for business producing biodiesel fuels.
The emerging energy source is made from mixing a variety of animal stocks and vegetable oils with lye and alcohol.
Plant Manager Lamar Lindsey said, “Technology is changing and a lot of things we thought would work a year ago would not work today. So, we've been taking our time trying to get something that's economical and will work.”
A series of chemical reactions and a filtering process produces a clear product that meets federal guidelines for 100 % biodiesel. The finished product will run in almost any diesel engine.
Once the biodiesel is processed, it can go right into the tank of your vehicle. It helps get better miles per gallon and it also keeps the engine cleaner. However, because of the fumes the vehicle produces, you might get an intense craving for fast food.
While the exhaust smells like fried chicken or steak, the emissions produced are almost 100% cleaner than regular fuel. And, the benefits don't stop there. Traditionally, noisy diesel engines run quieter on this alternative fuel.
“It lessens our dependency on foreign oil, it gives our local economy a boost, it helps us out by selling to the local community in case we do have an energy shortage,” Lindsey added.
Opp Mayor H.D. Edgar said, “Once this plant is up and going, it will work quite a few people when it's at full production and create employment for our citizens and create economy for our city.”
The plant is currently producing 9600 gallons of fuel. Expansion plans could increase that amount to 60 million gallons and create 100 new jobs by the end of the year.
The cost of biodiesel is comparable to current diesel prices.
For more information about this fuel alternative, you can log onto the company's website at http://perihelion.com.
Julius Caesar? or Jathropa?
Thanks for pointing out that error. Smile
Glad to have you onside with things.
Now who else wishes to overcompensate?
Who is the turncoat in PRGL?
who decided to start putting the good news out about Perihelion?
Who was the one who stabbed Julius Caesar?
Some negative poster took all the shares, but I wonder who it was.
while hanging around on the board pretending to be a negative pal
you were probably selling and still shorting away. Smile.
But someone wants to take your lunch
Missing the fence being built, the perihelion truck driving in and instead feeding into the lines that nothing was happening, all the while progress is happening.
Someone owns all the PRGL stock, the question is will they still be selling to keep you still happy in your constant negativity, or will they bury you now and your pile of shorts?
We shall see now wont we.
Stock price is cheap for new investors and blood to get in to a producing asset.
Gotta love the market,
Quix
Those on fence missed fence being built!
The negative types missed the fact that Perihelion built a new fence!
Here is the old fence Feb 3,2008
have NOTS on PRGL board have said over and over there isnt any employees or vehicles on PRGL's lands
2 or 3 vehicles there, one red truck on the left and 2 others parked together, yet the guy in the video makes it sound like no one is there. How many shares is that guy out?
PRGL just had a 530 to 1 reverse split
Price for stock is right now hovering in the 1 cent range after having a 530 share to 1 share reverse split, which happened at 1/1000 of a cent equalling 5 cents a share
Since the recent split they drove it down on lower volume to 1 cents a share
A very good deal, for a company starting to ramp up production.
Point & Figure analysis etc here;
http://stockcharts.com/charts/gallery.html?PRGL
http://www.stockscores.com/quickreport.asp?ticker=PRGL&x=0&y=0
Gotta love the ihub rubles and stock name change, someone is in deep. This isnt Purneftegazgeologiya, its Perihelion Global!
Gotta love the market,
Quix
Jathropa feedstock fuel for PRGL & BLDV
with Texas A&M and Clemson University doing the research
What proprietary enzymes or methods have they developed to make this state of the art Perihelion plant work better?
Just because its small doesnt mean it cant do as much.
Chevron ties to both PRGL and BLDV, lots of research and planning have gone into these plays and they have benefitted from watching other co's fail.
one has the land supplies with Belizian govt deals, BLDV
and the other has a multi-feed stock plant PRGL
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=30478870
Desperate attempt on ihub graph shows Purneftegazgeologiya for the stock in rubles
instead of Perihelion Global, Inc in USD.
Just a desperate ploy by those without shares to try to scare new investment away while they try to cover in time.
PRGL in the top most read boards!
http://investorshub.advfn.com/boards/most_read.aspx
So whistles if others can make money selling fats
PRGL can make money selling glycerol and glycerin
everytime you finish a good in a factory into something more profitable, you make money.
Thats why PRGL invested in a multi-feed-stock bio plant
Can switch to whatever input is cheapest and turn it into bio fuel
making a govt subsidy along the way....
and able to sell the glycerol and glycerin for profits too, along with the bio-diesel.
making money on every step of the way, all the way to the gas pump where you gladly pay to drive away.
neg types now need more time?
Possibly trapped with the changes happening too quick?
Quixopixs and PRGL's got the runnin bio plant real cheap!
Do they need time to collect what they lost or gave away?
Hit them hard and they might help propel the stock up.
They havent had time to cover and I have done my best to bring out the news on this fine holiday season.
Possible deal with BLDV, or a chevron connection???
Either way, PRGL is now producing and the negs have got nothing!
Go PRGL!!!
Welcome new investors in PRGL! updated link!
PRGL just went through a 530 to 1 reverse split
5 cents a share was the marking point equalling 0.0001 thousands of a cent a share
So at todays price of a penny a share your getting even a better bang for the buck
then the negative types found here, who havent done much for DD
or cant see any solutions at all, even when PRGL announces that the plant is now running and the trucks still drive up
July 1st 2008 Crew Distributing Opp Alabama
Whoa ha ha ha!
Ghost plants getting government permits on Jun 20, 2008
http://www.pinksheets.com/pink/quote/quote.jsp?symbol=prgl
Ghost company offering to meet with investors on July 8th, just days away
http://perihelionglobal.com/
Smile.
Do you have a bridge to sell boatman or are you just going to continue paddling down that river downstream?
Love the negativity!
I love the smell of napalm in the morning!
Quix
Maybe if Boatman quit hammering PRGL, then money managers would start to invest.
Carl Dilley had a solution for smaller companies that Boatman has nothing but trash talk against.
Its all right here;
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=30484690
In my mind we would be better off having Carl Dilley here on the PRGL website then Boatman.
Complaining all the time doesnt solve problems. Much like a child who screams in a store when they dont get what they want in the isles.
wrong again pontalba
PRGL doesnt have to have a shipping permit.
Even if it did, it may already have one. I dont ask people to see their drivers licenses and papers, do you?
Worst case scenario, PRGL could have another co. with papers pick up the sludge to sell.
There is demand for that waste products.
Money in the sludge.
So your wrong pontalba on the permits side. I hope you didnt short or sell too many shares on that thinking.
So many nervous negative people
that will be looking for shares.
Only real logical reason to be harping with no ideas when viable solutions are in plain sight.
You guys all see problems, I see PRGL not making any mistakes. Things take time and your all just impatient flippers only happy when things go up. I even bet your still not happy when PRGL does go up! I bet there is nothing that will make you negs types positive at all, ever
As for the money managers, they will be happy to buy your shares in fractional cent land if your willing to part with them there.
If I were them, I'd get all you negative types to give your investments away too.
Kind of dumb to throw in the river, that which you can make a profit on.
Good thing PRGL isnt doing that.
I hope you dont have the same dumb ideas pontalba
many ways to make a zero emission system, the fact you dont see PRGL applying for one, maybe reason to think that Bebee has something better planned then just dumping profits down the river.