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Hey!
His post wasn't as good as mine! hmph!
Hey bearclaw,
Now those are some mighty good questions! And here's another one. Why did doggone seem so bothered by the fact that people had called in their certs? Now I'm sure that he'll deny that he was bothered....but the tone of his post sure seemed that way to me.
And why do doggone and boatman post day after day after day...no- make that hour after hour after hour....and why do they care so much about us? I'm just so touched...caring is such a beautiful thing....and they do it all for us.
Dang! I'm just choked up....
Well, I mentioned a name on here one time and it got deleted.
But then I mentioned the full name....so maybe initials aren't as bad.
I thought that my post was on topic though because it was the real name of a person who happens to have a blog on PHGI. I found it when I put on Google search, "Who is so-and-so?" Gave me all kinds of interesting information.
But the funniest was when I googled another person who posts on here and came up with that name at a dating website.
uh-oh stock,
Betcha your post gets deleted! Wish I could've seen that video.
doggone,
I'm sorry. I'm just a naive little woman here. When you write those long paragraphs with all those big words in them, my eyes start to cross. What'd you say again?
P.S. Here's some pecan pie in YOUR face! ahahaha!
BeBullish,
I think they should all just start a food fight! Would be a lot more fun.
Phgi will go up on it's own time frame. Shouldn't be too much longer now. Why? Well, all the other stocks I own have been going nowhere but down over the last two months, but today those suckers are all UP!!!
I figure that PHGI is surely next......if anyone disagrees with me, here's an imaginary hot fudge ice cream sundae in their face! So there!
Thanks EE!
boatman,
Well, well.....it looks as though I DO like some of the things that you say....for example, the part where you stated....."I know the mother of all prs is on the way."
Really? I didn't know that. Is it really? Or were you just trying to whisper sweet nothings in my ear....AHAHAHAHAHA!!!
Regardless, them's the kind of words that a gal likes to hear......"mother of all prs"....a body can do some dreamin' on that one. :)
But, but,.....you didn't answer my question! :(
Ok, gotta go. Maybe you will have answered it when I return.
Boatman,
Are you serious? Are you really trying to buy a million shares at .002?
If you're serious, then I hope that you are right and that .002 is the bottom, and I hope that you succeed in getting a million shares, because maybe then we'll get a rising price to "float the boat" so to speak, and then maybe your posts can begin to be positive and then maybe you'll be joining the POSITIVE side.
And who knows? Maybe we could become friends after all! :)
doggone,
We're talking apples and oranges here.
Of course....it's quite obvious that the share price has declined since last Spring.....no denial there.
But I was talking about progress that has been made in building the company....not the share price.
Now for some, that is one and the same.....share price and company progress....and I can truly understand that.
BUT, I am the perennial optimist....as long as there is progress made in building the business.....I assume that the share price will eventually take care of itself.
In fact, I shall make a statement, and according to your theorem, it will be up to you to prove me wrong. :)
My statement is this: "In the future, the share price will go up to reflect the progress made in building the business."
You can't prove me wrong on that, can you? Just as...to be fair....I can't prove me right. So.....back to what boatman stated.....TIME WILL TELL!
Why boatman darling, (lol)
Now on that statement, you and I can totally agree.
Time will tell.
doggone,
I don't know if he's right or not....I don't know much of anything.
I just know that if it turns out to be true that a "storm of shares" will hit the market, be it from a 504 or the "phantom shares" that jock mentioned......that Beebe has done and is doing the ONLY thing possible in such a situation, and that is this....
BUILD THE BUSINESS....step by step. Can you deny that progress has been made in this direction since last spring?
For proof....the plant IS being built (last spring it was not)
and a road to the mine has been constructed (last spring there was not.
It's kind of like losing weight. There are always setbacks, but one has to look at the big picture.
Now then, again, can anyone deny that progress has been made?
Please provide the proof that there will be a "storm of shares" hitting the market once the plant is assembled.
Are you aware of another 504 being filed once the plant is assembled that we others are not aware of yet?
You see, that is the perfect example of taking a statement and assuming that it is fact, when in actuality one would know no such thing.
ee,
Ah yes....those were the good ole days.
Memories.....
uh,
The husks can be used to wipe one's a..ss. ROFLMAO!!
(I'm sorry.....punchy this morning).
So, uh, tell me,
How many other companies do you know that have installed a webcam for whoever is interested to view the construction work?
Can anybody here name just one company who has done that?
I would really like to know.
I have to correct you on this and for proof just go look at one of shorts posts where he apologized for being in error when he stated that the CEO's salary was $300,000.
As shorts stated, (and his post, whereever it is, can back me up on this), that $300,000 does not just go to JBeebee. It's the total salary for ALL of the officers and directors.
Just a minor point....but I know how we all like to be accurate.
Did you know that johndoe was one of the aliases used by you-know-who? (Can't mention the name or the post will get deleted).
I'm wondering if you're the same person. Not assuming...just wondering.
Hiya Surfin!
Yeah, the Outer Banks is one of my favorite places. I'll be on the island of Ocracoke at the end of May. Before that, Hatteras, and before that, Duck. I was in Nagshead last July.
Just LOVE that place. Great memories! (Even if I did get pulled out by a riptide once....but that's another story.)
DI,
You know what? This might surprise you, but actually I agree with everything you wrote.
(Don't faint from the shock now).
boatman,
I respect you too....and I do believe that you are sincere, which is why I hate to see you spending so much of your time in this endeavor.
How can I describe it? It's almost like you've made it a game to post negative replies to anyone who posts anything, be it positive or negative. It's gotten so predictable that what you state is your purpose is losing it's punch. Just think for a minute. Now you know that I am one of the people hoping that the company succeeds. And my posts show that.
But suppose that I posted several times a day in reply to anyone or anything and made it obvious that I was only posting to put a positive spin on things...no matter what! Wouldn't that make me seem rather foolish? It just would!
I appreciate your response to my note. I think that in another life, you and I could be friends. But for now, your constant negative posts are too hurtful to me. I feel as though you're trying to make sure that I lose my money.
At any rate, thanks for the reply. And I am looking forward to the Keys.
LOL! Whoa! I must've hit a nerve! Especially since my post describing avdave was deleted about two minutes after I wrote it. I didn't think that anyone had time to see it, but I see that you did.
And where was I chastizing you? I sure didn't see it that way. I actually thought that my post was pretty funny. Only with you getting so uptight about it, now I'm wondering if maybe you ARE the same guy. Notice that I'm not making any assumptions. I'm just wondering.
boatman,
You say that you truly just want to keep investors away so that they won't lose their money. I wish you would look at the other side of the coin. If this stock were at 50 cents, your wishes would make more sense. But this stock is at .003 or .004. Now suppose you kept someone away, and when the plant begins construction it went to 3 cents. You would have cost that person a TON of money in lost gains. And if it were to ever hit 10 cents, that person who lost out would be SICK.
People actually feel worse when they've missed out on a large gain than they do when they've lost some money. Plus, I know that you're a nice man....I admire you in pointing out greedfl's daughter's website....and forgive me, but your hysterical rants really make you look kind of stupid. I'm sorry. I'm not saying that to attack you. I'm saying it because it's the truth. Just something that you need to think about.
Double E,
Thanks for posting an accurate accounting of different events that have transpired with PHGI over the past 15 months.
Someone asked where are all the Perihelion Global Supporters?
I think that question was answered by the response that your note got. There are plenty of supporters around, but why bother posting when one is greeted with the same ole, same ole. It's a waste of time and energy.
I know why the 504's were filed....and although I'm not jumping up and down with joy over it and the additional shares that they incurred, I also understand it. They needed money. Now if they had just used that money to go to Tahiti or something, I could understand people being upset, BUT as your post showed, they used that money to accomplish things.
Oh, I can hear the response to this post now? What have they built? What are they going to be using as feedstuff? Where's the GOLD? And even if someone were to answer those questions, what good would it do? Nonewhatsoever! So why bother. Anyway, thanks again! Your synopsis was appreciated by many, I am sure. And on the bright side....at least it gave the "other side" something to respond to for a while. :)
Thanks bearclaw!
I will do that. And for those who just MIGHT be wondering, no we are not talking about PHGI. In fact, I don't think I even mentioned the word PHGI even once in my note to bearclaw.
Once again, bearclaw, thanks! I really, really appreciate it!
Hiya Bearclaw!
LOL! I am an EXPERT on BUTTS....especially big ones, as I've had one all of my life. :)
Even when I was 21 years old and only weighed 110 lbs, I STILL had one. Used to drive me NUTS!
But then....along came J LO....and I looked at her, and said to myself, "Dang! That actually looks pretty good!" And so here I spent all those years worrying about BUTTS, when I actually should've been just enjoying it! lolol
Sorry....couldn't resist! Thank you for the condolences. Not a day nor nary an hour goes by when I don't think of him, but life has to go on. I'm DEFINITELY not ready to date yet (maybe in a couple of years), but I've joined a few nice groups....a walking group...the Red Hat Ladies...and a spiritual group which all seem to be pretty interesting. And then there is a trip to Florida (Surfside & the Keys) in March, a trip to the Outer Banks in May and a trip to Myrtle Beach in June and THEN, the biggest one of all....the Dog Training School from July thru November. So I'm forging ahead.
On another note, I see that the stock markets world-wide have plunged today. Doesn't bode too well for tomorrow in the U.S.
Yet another reason to just take the PHGI saga one day at a time. Except for my PHGI and my FGOVF shares and the other gold shares that I inherited from my husband, I am 100% in cash, just waiting for the dust to settle.
LOL! No, but you've gotta be kidding if you think that I'm falling for your attempts to draw me into a debate.
As I stated this morning, I just plan to read the board a couple of times a day....not debate anymore because what is the point of it? and post once in a while as I feel like it.
If someone directs a post to me directly, of course I will answer it....as I am answering yours....but I am through with arguing. It's a total waste of energy and it doesn't change a thing. The company will thrive or fail based on its actions, NOT by what we here say.
In fact, I came to the conclusion this morning that we are all being way too serious about all this, and quite frankly I think that's it's silly. And yes, I was being silly too, which is why I'm stopping it. My energies are better spent accomplishing things (which BTW, I accomplished quite a bit today, thank you very much!)
Blessings to you and yours!
This board has gotten crazy recently. One thing I've learned in life is to know when and where to pick one's battles. Debating on here is a total waste of energy.
One thing that became very clear to me when my husband died so unexpectedly is to not waste one's time with nonproductive things. I have SO MUCH that I still want to accomplish and it's quite easy to get sucked into just typing on a message board....which does NOTHING for one's personal goals.
So.....I shall fade into the background for a while. I shall still read the boards once or twice a day, but it would be totally stupid of me to persist in trying to debate what can not be debated. There might end up being something that I might respond to along the way, but I shall post regularly again when PHGI goes to the OTC and/or when the plant begins production.
But first let me answer a few previous posts directed to me.
Avdave, yes, if the revenues from the radio stations were as low as you stated, then $1.3 million seems a bit excessive unless there was enough equipment to go along with it.
And yes, folderfa, the prediction that I made in September obviously did not come true, but as I stated in that post, I was going out on a limb with it. So....it did not come true. So I am obviously not psychic! Deal with it!
AND, if any of you read the thoughts and public posts of JB and LaRive etc, if you are like me, you would find it very difficult if not impossible to believe that they could in private be talking about alligators eating people, etc. Energies don't change.
As for the gold mine....I sure do wish that I could've seen those pictures. It does seem as though a company with experience in mining could be brought in as a JV partner to get the gold out, but without being familiar with all the circumstances, I can't comment. I just hope that the one thing I am waiting for comes about so that I can go in April to check things out for myself and talk to everyone around the places.
So far I am still waiting.
Meanwhile, since I am very familiar with how businesses work, I can understand the need to raise money. The big question isn't how the money is raised, it is what has been done with the money once it is raised. From what I can see, PHGI has been handling the proceeds of the money in a responsible manner.
And now I am off to clean my house and do paperwork and have a cup of coffee and read a book. I still have wonderful memories of sitting at Cafe Du Monde in New Orleans, so I guess I'm going to have to learn how to make beignets.
One thing that is obvious is that the bashing won't stop nor will the share price begin to recover until PHGI gets on the OTCBB and until the plant starts producing revenues.
I and other optimists think that will happen. The pessmists think that it won't. One group will be right and one group will be wrong. Duh! :)
This is why my friends all say that I am brilliant! :0
P.S. Just got a call from a friend who is down in the dumps and she wanted to know if I could meet her for a drink or two.
Sure, why not? Talk to you all later.
avdave,
I'm not saying that at all. I'm sorry, it's obvious I went somewhat over your head, but unless you have an accounting business then don't worry about it. But every business owner should certainly know what their business is worth.
To keep things simple, for a sale price of $1.3 million to be valid, then by my calculations the cash flow at the station should've been around $50,000 per year. Now whether it really is that or not...I have no idea....I'm just stating what it should be to truly validate the $1.3 million sale price. Also, the revenues should've been around $185,000 per year.
That's my theoretical figures. Anyone know what the actual figures were?
Oh, but before I leave for my latte, you will be SO GLAD to know that we CAN determine if the price paid was fair or not.
I shall be using three contemporary valuation methods for my analysis. The Multiple of Cash Flow Valuation; the Multiple of Revenues Valuation; AND last, but not least, the Discounted Cash Flow Valuation. By backtracking, i.e. plugging in the sales price (and BTW, thanks for the verification...I had not remembered that PR), we can determine what the approximate revenues were for the station.
As you can determine from my previous post giving examples of real world sales, the revenues from the station must've been very, very small. Plus my previous post makes it clear that the radio stations served a very small market.
Well, here are some examples of verifiable information regarding radio stations. It gives real examples of what stations were worth and by making small changes what they are worth now. And better yet, I found out how to backtrack and determine if the price paid for the PHGI radion stations is fair or not. I'll have to post those figures later, however, as I have to go get my afternoon latte right now. :)
Ready for the verifiable examples? Here ya go!
Local company raises value of radio stations nationwide
By Dennis Quick
Senior Staff Writer
Last year, Mount Pleasant-based American Media Services helped Bridgeton, N.J., radio station WSNJ-FM increase its value by $33.5 million.
AMS convinced WSNJ’s owner to move the station 40 miles to Philadelphia, which has a metropolitan-area population of about 6.1 million, compared with Bridgeton’s population of roughly 22,770. The station became WRNB-FM and switched its programming from a variety format to rhythm and blues.
Although AMS did not get involved with the station’s format change, its moving the station to Philadelphia resulted in the station’s worth soaring from $2 million to more than $35.5 million—the price paid by Lanham, Md.-based Radio One Inc., which owns and operates 68 other radio stations in 22 U.S. cities.
During its seven-year history, AMS has helped 15 radio stations across the nation increase their dollar value by upgrading their power and moving them to larger, nearby metropolitan areas. Combined, those stations have increased their value by nearly $150 million.
“The larger the city, the more valuable the station,” explains Edward Seeger, president of AMS and co-founder of the company in 1998 with Andrew Guest, AMS’ chief operating officer.
WSNJ’s $33.5 million rise in value is the largest among AMS’ portfolio of success stories. Second is KVST-FM, which saw its worth skyrocket $31.5 million—from $1 million to $32.5 million—when AMS moved the station from Willis, Texas, with a population of just over 4,100, to metropolitan Houston, some 46 miles away and with a population of 4.8 million.
WIXK in Richmond, Wis., population 1,835, gained $25 million in value—a leap from $2 million to $27 million—after AMS transferred the station to the Minneapolis-St. Paul, Minn., area with a population of nearly 3 million and upgraded its tower from 6,000 watts to 100,000 watts. That station is now WFMP-FM.
Increasing a radio station’s value involves analyzing the station’s market and larger, nearby markets where that station could reach more potential listeners. It can also involve technological modifications to increase the power of the station’s signal. A strong signal in a populous area enables the station to “cover more people” and attract more advertisers, Seeger explains.
Following Federal Communications Commission regulations requiring radio frequencies to be spaced far enough apart to prevent interference with one another, AMS relocates stations from smaller markets to larger ones. All of AMS’ petitions to the FCC to relocate stations have been granted, Seeger claims.
Relocating and upgrading radio stations is only one service AMS offers. With its 14 staff members, the company is also an engineering consulting firm for radio stations seeking to upgrade their existing facilities. Additionally, the company is a broker for clients seeking to buy or sell radio stations.
AMS gets a commission for increasing a radio station’s value after the station is relocated and sold. Yet Guest says each relocation project is different. For instance, in the WSNJ deal, AMS had the option to buy the station for $20 million but sold that option to Radio One for $35 million.
“Sizeable expenditures” on the project reduced AMS’ take from $15 million to $10 million during the deal, which took three years to complete, says Guest.
Because the company eyes radio stations in large metropolitan areas, AMS has conducted only two station upgrades in South Carolina: WMXT in Florence, the value of which increased from about $3.2 million to $6 million, and WYNA in Myrtle Beach, where that station’s worth rose from $548,000 to $3.5 million.
The company has its sights set on doing business in the nation’s top 25 markets where value increases are more lucrative.
AMS has 29 radio station upgrade projects in the works, and Seeger expects AMS to be a billion-dollar company in two years, he says.
You're getting close, but still no bananas!
Reason? Now if JB were trying to COLLECT on that note, then that would be one thing, but what you are talking about is simply an accounting transaction. It is a PERCEIVED value at the time of the transaction.
From what I've read about the radio stations, they do sound as though they're not worth much at this present time. That doesn't mean they won't eventually be worth something. And when the transfer to the OTCBB is made.
I shall come back for some examples of perceived values of different types of radio stations around the country.
Just for curiosity, was the $1.3 million the actual sale price of the radio stations? If it was then that was the fair market value at the time of the transaction. Fair market value being what a willing buyer would pay a willing seller. If it wasn't the real price paid, then what was the real price paid. Perhaps you know?
LOL!....eom
doggone,
So if I am understanding you correctly, you are implying that all of the construction going on at the plant site is just JB's way of "milking the situation.?" That he really has no intention of seeing the completion of the plant to fruition?
You're got to be kidding me! Yep, you're right....you are definitely more pessimistic than I am. Man, I can not even IMAGINE being that down on something. Now, if there were no construction, then I could see how one could become pessimistic....BUT there is construction.
And for you to imply that this is being done by the company with the knowledge that it will NEVER be finished just to milk an idea...well that's a pretty serious implication, wouldn't you say?
That would go beyond just being a scam....so....I guess that we will just have to wait and see if the construction gets finished and the plant begins operations or not.
I'm of the mind that it WILL get finished and that operations WILL begin. May the best mind win! :)
Oh good!
So at least you have now implied that what PHGI is doing is real. That's better than what you implied before.
Of course now you're also giving an example of things that are real being used as part of a scam....a la first aid supplies.
Once again, that is an example of money being raised to cover things that are not real. The $20 first aid shipment was real, but the $200 bill was for things that were not real.
So....are you then implying that although PHGI does have some real things, that there are other things that they have that are not real? And because of those things that you have implied that are not real, are you saying (or implying) that therefore PHGI is scamming the investors?
Which brings me back to my original question. Which things that PHGI is doing can you prove that are not real?
Your proof lies in the fact that two separate individuals came to the same conclusion upon reading your post.
And no, you never stated that PHGI was a scam, but your post sure as heck implied it.
Test....If any reasonable individual were to read your post, what would be the logical conclusion they would come to as to what your message was meant to convey?
Obviously, two of us came to the same conclusion. I wonder how many others reading your post also came to that same conclusion.
um....
Your message doesn't compute. A scam is generally thought of as something that is not real, in order to receive money.
Case in point....the Nigerian scam making it's way along the internet for a while now. If you send me x dollars to help me with my account....you will recieve xxx dollars in return.
Now THAT is a scam.
With PHGI, I would think that a scam would be the correct term to use if they were setting up a fake webcam in OPP in order to convince shareholders that a plant was being built.
Can you provide me with proof that the Webcam is fake and that no plant is under construction in OPP? If so, then I will heartily agree with you that it is a scam.
Can you provide me with proof that no road was ever built to access the mine in Utah? If so, then I will heartily agree with you that it is a scam.
BUT, if you can not provide me with proof of this, then I will have to come to the conclusion that a plant really is being built and that the webcams are not fake, and that a road really has been built.
And if those things have really happened, then pray tell me where is the scam?
Oh my gosh! I don't believe this....but so did I! hahaha!
I really did! Could not BELIEVE when I came to look at this board and one of the first names that I saw was yours. That is so cool! Well, at least we're on the same side in this one.
Back in 1994 I owned INTCW which were the warrants for INTC. I don't think that the warrants exist anymore, but I sure made some nice money on them.
I'm truly still swamped with work and honestly still don't have much time, but when I saw the news headlines about INTC, I had to check it out. And then when I looked at the charts and saw the huge drop this morning and also a couple of days ago...I said....hmmmm....gotta buy in! Luckily I had some money set aside to catch a bargain. I hope that I'm right about this one. Later