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Thank you shorts! I would never have seen that press release were it not for you. lol!
just as I thought.....you have not talked to any of the engineering experts!
That's ok....you'll soon see.
That is where you are wrong shorts!
There is plenty taking place! Have you called or e-mailed CDG Associates yet for an update?
Ahhh.....so THAT'S the difference! You don't know of any of the penny players who have become millionaires, whereas I can name more than five at the drop of a hat.
Oh believe me, it DOES happen! And more often than some might think! And the main thing that these millionaires have in common is that they bought tons and tons of shares in companies that they truly believed were not scams and that showed great promise and they kept their shares through all the doubts shown by others and they were then poised to reap the great rewards.
I am perfectly poised to reap the great rewards....and I shall...and it will happen....no pipe dream there...it WILL happen!
And take note!
The ones doing the most crying and fear-mongering are those who have NEVER taken the time to visit Opp or take JB up on his invitation to come to the different business ventures and see what is going on!
The ones who remain totally positive are those who have met the parties involved, who have seen the sites, who have talked to the people, etc etc.
Now what does that tell you? And yes, I'll be glad when actual physical construction begins on the Opp plant, but I also know how long these things can take sometimes. But CDG Associates has been hired and so at least the ball has begun to roll. Have any of the cry ninnies and fear-mongerers taken the time out or the initiative to call CDG Associates and get an estimate of the start date of actual physical construction?
Until you do, just stay in your rooms and whine to yourselves!
Don't come crying to me! I used to punish my children if they whined and cried about something and wouldn't DO anything about it. A cyber-spanking to each of you! lol
Oh for pity's sakes! You all scare me....I have never seen such a group of pessimists in my life!
I am sooo glad that there are people such as kuan who can clearly see the positives.
JB has updated us and explained things to us more than any other low-priced stock that I have ever seen and we're talking years of experience here.
PHGI will be just fine....you hear me? Just fine!
I'm not a pessimist....I'm just wary of people who deliberately try to raise doubts and fears. It always makes me wonder what their motives are.
And I put my money where my mouth is....could not resist buying even MORE shares yesterday at .0065. This stock is going to make many of us multi-millionaires!
And I tell you what.....I'm real glad that we're going into a mining company with the Canadians.
The Canadians are the best in the world at mining....bar none.
They have the most experience at it and the most contacts.
And lucky for the world that mining is not up to me. I went down into an old copper mine in Bisbee,Arizona once....and once was enough. It is DARK down there. I was never so glad to see the sun as I was when I came up out of that mine. I don't think that I could go down there day after day. I applaude and admire those who can.
Thanks! I knew that my memory was correct.
But then there was the PR that talked about a SECOND OTC BB company for the radio stations to go into so that we would no longer be on the pinks.
So we would have two OTC BB companies and one CNQ company.
Sounds good to me. I just wish I could make it all happen tomorrow!
AND, if my memory is correct, (which I think that it is), then yet another PR talked about the number of shares PHGI holders would get once the Canadian PHGI gets listed.
I'm pretty sure that it said that for every 5 PHGI shares held, we would receive 1 Canadian share...so it would in essence be a 20% dividend, which would be nice.
But once again, I don't know if that is still what is planned.
I hope that it is.
You're not thinking outside the box. Of course there's a way.
I can think of a couple of ways already. And no, I'm not going to list them because then someone would probably accuse me of insider info if I turned out to be right.
I don't know if this is still the case or not, but in the original PR where it talked about going on the OTC BB, it was said that the exchange ratio would be 1 for 1. In other words, for however many PHGI stock one had, one would get an equal number of BB stock. That was when it was planned to keep the radio stations in PHGI and let the other assets go to the OTCBB.
So, for example, if a person held 50,000 shares of PHGI, then after the OTCBB listing, one would still hold their 50,000 shares of PHGI AND 50,000 shares of the BB stock.
But then in a later PR it was said that there would be TWO BB companies and we'd be off the pinks. In other words, the radio stations would go on the OTCBB also. So I don't know if the 1 for 1 ratio would still be in the plans or not.
Perhaps PQL could give some insight into this? Maybe?
Good luck with your project, LaRive!
It sounds exciting......interesting to say the least!
Hey star,
You're definitely not talking to yourself! You've given a very nice summary...and I (and many others) are also banking that John has what it takes to see this through!
You go star!
You go John!
Well we could try and start some outlandish rumor....such as PGHI just received a $20 trillion contract from Figi! :)
Seriously, I truly appreciate the effort that this company has put into communicating with all of us. And I don't mind the peace and quiet for the past few days at all. I got so tired of people whining and complaining and trying to spread doubt.
Wait until some nice announcements start coming out! It'll be hoppin' around here again....only this time with GOOD stuff!
I notice that you mentioned a dividend. What dividend? Are we supposed to get a dividend? That would be nice. I thought that the only dividend was when Perihelion Canada comes into being.
I vaguely remember reading something about that once the takeover happens that however many shares one owned of PHGI, they would still own that plus the same number of shares of the new entity. But that was when the radios, I think, were going to remain with PHGI.
But then I remember reading something that said that there would be two OTC:BB shells and that some assets would be going into one and the rest of the assets would be going into the other. So I don't know if that means that if a person owns 100,000 shares of PHGI would they then own 100,000 shares of OTC:BB company one PLUS 100,000 shares of OTC:BB company two?
Even if it didn't turn out to double one's shares, even an extra percentage would be nice. Oh....maybe that's the dividend you mentioned. Ok....I'll go away now. :)
Yeah, just as long as everyone realizes this is totally just for fun and I am probably 1000% wrong...but here's my guess.
RNVO will do a reverse split that will bring their share count down to approximately the same as PHGI and then they'll just kind of slide together and become one....kind of like a marriage.
Actually, I don't have the slightest idea. Beebe did say that RNVO would have to conform to PHGI's share structure, did he not? So does that mean that even after the two become one that the outstanding shares will still be the same?
Or maybe RNVO will do a reverse split and then after the takeover then PHGI will also do a reverse split, once again with the eye on keeping the share count the same.
Or maybe Beebe will wave a magic wand and "poof" it'll be done. I like that guess the best. :)
Hi!
I notice that you've read the CEO's blog. I kind of like him too and I really like his writing style and I totally agree with his ideas. I wonder how many investors have actually read each of his articles through their entirety.
He's got a lot of deep thoughts in there. Very smart man.
Ok, I will have to give you some points for your good-natured response to my earlier post. That surprised me...and they say that women are hard to understand.....jeez!
I miss HHUGHES too. I guess he is still traveling. It'll be nice to have him back.
I see that the city of Opp still has Perihelion on the front page of their website.
As of this moment, the ask on PHGI is .019,and the bid is .008. It'll be interesting to see what it is in the morning.
Congratulations shareholders!
In reading over the past several posts, it has become clear to me that you have already won the first major battle....and that is the mindset!
Do you realize that this is the first time I have seen the words "class-action lawsuit" in connection with a stock that I own and have felt GLAD? Because it would not be against the company, but against those who are trying to harm the company.
The impression that I get from all of your posts is one of strength and determination, not fear. And the scuttlebugs of the industry trade on fear...in fact they bank on it.
Rather than panic and sell, I think that most of us are trying to figure out ways to consolidate and BUY! My family is helping the cause by planning on acquiring several hundred thousand more shares next week.
Keep up the good work! And thanks to Mr. Beebe for never stopping to communicate with us.
Contrary to the scuttlebugs opinions of most shareholders, most of us ARE smart, most of us ARE savvy, and most importantly, most of us can discern the truth (light) from lies (darkness).
It is VERY plain to me,as it is to the majority of us, that John Beebe is speaking the TRUTH!
Have a great rest of the weekend everyone!
Well, I had thought about that, (big oil trying to destroy the greens), but then it made more sense to me for big oil to want to own the greens.
I mean, it's all about fuel and all about energy. And an astute person can read the handwriting on the wall. The government wants the greens to succeed. You should see all the credits and proposed credits that are floating around out there.
And yes, this time I'm correct when I say the U.S. Government.
Well, luckily for my curiosity,I read it before you edited it.
I didn't see where you said anything that deserved threats.
But don't worry, if anybody asks me what you said, I won't tell them.
Good luck to you!
And here is the link that explains what is going to happen on October 15th regarding the changes to REG SHO.
http://www.nasdaqtrader.com/Trader/News/2007/regulatoryalerts/ra2007-086.stm
For some very interesting reading on the problem of illegal naked short selling, please go to:
http://www.thesanitycheck.com
After you read it, you'll see that these illegal naked shorters don't even have to have shares in hand in order to short. They just short them anyway.
There's one story about a guy who owned 100% of the shares of a company, and he had all of those shares in certificate form in his sock drawer, and yet over a two day period the shares in the company that he owned 100% of traded 60 million shares. And he had filed a Sch 13-D.
There is some action coming on October 15th that might help curb this madness at least somewhat. I guess we'll see.
I have the most wonderful dream!
It's where the SEC and other regulatory bodies, after thoroughly investigating the trades made on PHGI recently, decide that illegal short sales have been made, and come into the offices of the unscrupulous brokers who are doing this and issue injunctions, etc.
Oh, that would be SOOOO NICE!!!!
I think that you have it backwards.
The common shares are most certainly not being shunned.
From the news release itself, it states:
"All shares issued to the officers, directors and management continue to remain restricted to date. To help alleviate market concerns, these parties have opted to exchange their restrictive common stock with restricted preferred stock. Further, all shares owned by the officers, directors and management are held in paper certificate form and are not on deposit with any broker or dealer.
Now then, why would this help to alleviate market concerns?
Oh, I have the answer to that!
Unlike a common stock, a preferred stock normally does not participate in the appreciation or drop of the common stock. Preferreds can be thought of as the lowest-possible grade bonds.
Now note well: Does it say anywhere that the preferred stock held by management are convertible preferred? I don't think so...meaning that management is looking at their shares of preferred as a long-term investment.
So...to answer the question again. Management and officers and other investors are looking at their shares of preferred stock as true investments....not as a way to someday flood the market with shares. Also note that these preferred shares are RESTRICTED preferred shares.
P.S. AMAZING....the shorts just don't stop with trying to raise questions or doubts, do they?
Hi!
I will sure be looking forward to reading your reports!
Thanks! That's great!
Blackcat,
I am 100% with you on that one!
Loved your posts yesterday BTW.
If you're so nice and so smart, then why did you libel a BILLIONAIRE? Doesn't sound too nice or too smart to me. If you're going to libel someone, first make sure that person is poor.
And what part of India are you from? Near the border of Pakistan?
No native American would EVER call himself a dumbindian. He's been called that too many times by others.
And speaking of namecalling....I wonder if Shorty knows what the Germans call Ukrainians?
Terroristic posts? Now THERE's a thought!
What group of countries would be most hurt if the West lost much of it's dependence on oil?
Maybe countries with "somethingintheSAND?"
Who knows? One of them made a reference in a sentence to the stone in Mecca.
Why I'm beginning to think that it might just downright unAmerican and anti-West to not buy PHGI.
Buy PHGI and save Western civilization! Win the war on terror without firing a shot!
LOL! That was GREAT!!!
So THAT'S how the formula works! I'll have to remember that.
Great buy for you the past few days! Congrats!
Gee,
Speaking of transparency, the bashers are becoming more transparent by the hour, aren't they?
Methinks they must've been taken by surprise!
Do their posts have a tinge of worry and/or desperation to them?
Have a nice day all! Talk to ya later!
King,
Thanks for posting that! It lets everyone know that there IS a way to pull one's shares....even if they're in a margin account. Thanks!
Have a nice evening!
Much better, thank you skt.
And from what I could gather from the press release, it was the length of time gone by that unrestricted those shares, not any actions by anyone. And no, PHGI did not just get 50% of the shares.
Just being on this board could cause one to start smoking almost anything! LOL!
Have a nice night!
avdave,
What I do understand is that what you have just stated is absolutely not true. There is not any company anywhere that wouldn't have some shareholders questions unanswered
But you know what? It's late, and I'm not going to argue the point. As someone on here once said....maybe it was even you...the share price is EVERYTHING.
If PHGI had risen to $1.50 over the past few months, I doubt if there would be many people asking questions. I would be, because that's what I do. But most people would care less. They'd be too busy counting their money.
And then there are people who enjoy instilling doubt in others. And then there are people who enjoy instilling hope.
Not false hope....but hope based on logic and hard work.
I'd rather be in the second group. Because the first group always tries to bring others down. And the first group, by bestowing doubt and fear in others, can never be truly happy themselves. I like being happy. It sometimes takes a lot of work, but it's worth it. And dogs love people in the second group. And I love dogs. So there!
bike,
You're talking about a totally different group. The ones who are followers are in the 90% group, which means that 15% of them are also in the 25% group. :)
Only 10% of the population are leaders...which is why they are leaders....they need the other 90% to follow them.
avdave,
No, actually some of the questions that you are asking are very good, but if I were the CEO, I wouldn't answer them yet.
Why? Because it would never end. There would always be another question and another question and another.
My advice to you is to buy some of these very cheap shares and sit back and relax and let the company start producing the revenue and make a nice profit on them.
When the company leaves the OTC BB and goes to one of the major exchanges, a lot of your questions will have been answered.
No,
If you're one of the self-blinded shareholders then you are in the 25% group. Most people are smarter than that.
And these kind of updates HAVE been given on a regular basis. Just not all at once.
Bike, just relax. When we get onto the OTC BB, in addition to updates, you'll have quarterly financial reports as well. Of course some people won't be happy even then.
LOL! I know what you mean about saying things out loud and then jinxing it!
Well, I found out that my husband bought another 300,000 shares over the past few days. Weeee! That means that I own a WHOLE LOT of stock! Of course the shares that he bought are in his own individual account, but that doesn't matter...I told him that I lay claim to 40% of them. :)
Being a wife is so much fun!
doggone,
I'm so glad that you are feeling more confident. As for me, I have never lost confidence, but I have an advantage that most of you don't have....being a former Treasury employee.
When I saw that one of our former strike force guys was on John H. Beebe's team....I KNEW....knew beyond a shadow of a doubt that this company was legit.
And let me tell you this....knowing what I know...I bet you dollars to doughnuts that all activity on this stock is being VERY CAREFULLY scrutinized by some of my former colleagues.
I sure hope so!
But what do I know? I could be totally wrong about everything that I'm thinking. But if I'm right...this is going to be one fun stock to be in! We'll all get rich and go to Tahiti!
Well, thank goodness it's only 25% of the people who reserve the right to remain stupid. :)
I feel quite positive that the rest of the 75% of us will find it quite easy to see which side is being transparent and which side is being manipulative.
Ya go for the light, man....ya go for the light. It will expose the darkness every time.
BTW, I LOVE your conspiracy theory! I wish I had thought of the fake call forward phone numbers. LOL! Gee, am I really calling the "State of Delaware" or is this just some 1-900 scam? ROFLMAO!!!