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all im going to say is get out of schwab before its to late, was a stock only buy of td, hes in debt
up to his ears 79 billion and growing from all that commercial properties he bought that is empty now, you got to ask yourself why didnt he put his name on ameritrade and use it why the rush to get investors over to schwab when interface is clearly not ready infact the watch list ask bid price not live so you dont even know what the share price, are going, im going to Etrade, vary easy to use and same interface as td but need a few updates. to be as good or better than td.
someone wanted to sell at .044 but put in .0044 by mistake, Ive seen this before, some market broker sucked that up.
Yo do you really believe this stock will be in the 2 dollar range
in the next year, I been watching this company for a long time and own a sufficient amount of shares, nice to here positive posts and I hope your right.
thet didn't mention anything about a record date, maybe there was one?
heres the deal, if this company is smart and they don't sell shares at this price and cause dilution and wait, the stock price will keep climing, they could sell shares in the 60 to 75c range to get capital to pay for drilling without much dilution as they only need to sell a few million shares to raise the capital opposed to financig or a partner, I will bet they will increase the percentage rate before drilling and also acquire more land, I hope we have smart management here, they got a excellent chance to make it big, hope they don't delute this now as the stock price is the vary foundation needed to be sucssesful, if they wait as the stock price incresses, so will there value and no need for massive dilution.
anybody here think this could go back to .60c before dilling, sure is looking good for a run up from here.
Hey PQl whats up with vikeing, are they still doing well and is there another acquestion on the table,how can I contact these people for a update.
thanks steve
so what kind of enviromental disater in a baron land
could happen, I mean there are trash dumps by communitys all
across america, so why do you think way out in no-ware there will be epa problem.
I beleave open pit mining is far cheaper than boring holes deep down under trying to follow the yello brick road.
gerlac how do I get on the web cams
I would say the huge short position here is no longer a problem as I am sure they are buying it up to cover, this is the direct result as to why john had to sell 60 million shares at this crazy price, ha needed the money to complete the bio fuel plant and honor his contracts are lose everthing, it wasn't his falt this stock got taken down by massive shorting.
Just think were we would of been by now if that didn't happen, we can count our lucky stars that john found that bio fuel plant for penneys on a dollar or we would of lost those contarcts we had for sure, including the deal with opp.
I am sure john feels bad about having to dilute by selling all those shares for next to nothing, but I am sure he will reward the longs many times over once he gets this company off the ground, and I know he will as most companys would of folded under devastating attack that was lunched against him.
The other thing is so far the shares being sold are not
showing up at the TA, Ghost trading I guess.
I didn't say anything about converting the shares but loaning or borrowing them as common when there not.
The people who have these shares might have them placed
in a brokrage firm or ware ever, anything could happen there.
There are allot of trcks in there bags I don't know about
or even you, but you have the experieance in this area over me so I have to beleave that they can't borrow or loan these out, I hope you or right, so were is all this selling coming from, millions every day with a 92 mil os, and I know that investors are not selling out at .005
The worst part is, when they catch these guys they slap them with a big fine, the courts, state, lawyer, get the money, but.
Share holders who lost big time don't get anything, these crooks should be made to buy back all the shares at a share price higher than the price they started to short at, meaning, if they started shorting at 50c and took it down to sub penny, they should be made to buy all shares they were involved in at a price double 1.00 a share, this would deter this kind of activity and give the share holders who got taken there money back, this is the way it should be.
As it stands they make millions upon millions with no fear as the fine is no way hurting them, the rewards out weigh the fines by far.
CarlitaUpchurch Thanks, many investors here refuse to accept the truth, its as plan as day here, millions being sold every day wih no uptick, scott trade suspending buy of phgi, the spam websigt promoting this stck, it goes on and on, look at the share price .005 you got to be kidding, this is a out of control corruption through out the system, so many comanies with great new tecnoligy and products and huge value, have been squshed into the ground and out of bussiness before they ever had a chance to exacute plans.
when brokers loan out your shares to other parties and they sell into the market it creates a short position as now you got a shareholser with 10000 shares and 10000 of the same shares in the market that don't belonge to them, they are by law require to by back 1n 13 days, it is the same thing when restricted shares are borrowed, get the picture, restricted shares are not suppose to be borrowed or loaned, also many other type accounts like IRA, cash so on, but they do it and get kick backs for it, it is ilegal to do this.
they were resticted, the only thing they can do is loan them to a second party to sell on the market which is shorting.
The company has raised money and completed acquisitions through
shareholder loans (primarily John H. and Lora Beebe), and unsolicited,
private Reg D offering to 11 accredited investors. The bulk of the
accredited investors in the unsolicited Reg D offerings have requested
to receive their shares in restricted preferred stock in lieu of
common shares. Additionally, the shares issued at the time of closing
the acquisitions of the patented gold mine from Saturday Night, LLC
were restricted preferred shares.
Well they can't sell these shares but may have loaned them to be shorted, lke I said shorting here is huge and the day is coming that will bring them down, also I think the feds and section are watching this, gut feeling.
Wow its worse than even I relized, this explanes why this stock has crashed, I know it was shorted down to this level, now they hold it down as they wait for the otcbb exchange leveing pink phgi free and clear for them never to cover.
We shell see as this unfolds, I love good surpizes.
Well that tells you the shares are un available, they have no right to loan out shares to be used against you in a shorting campaign to put a company under, that is as corrupt as it gets, makes al capone look like a fairy, legal robbery.
I do beleave Ira Accounts are ilegal to to borrow shares out per the goverment, but they think your money is theres to do anything they want, the worst part is, this is happning on all the exchanges in the us, not just the pink sheets.
hey gerlac68 I called my broker and asked for certs, got the run around from one extenshion to another,I have a IRA account, they told me that they can't loan shares out on a IRA account, is this true.
I will do just that Tex, no harm ment, just a little tired of all the negativity going on, I like to look at the poitive side as well as the negative, I find the positive side holds far more weight here on my scale.
I retract my post to you and will not jump the gun so
quickly, guess im on the edge a little.
don't think john is hiding behind a curtian, but he did wait way too long to un-gag the ta, but I think astrome might of been a problem back than and john didn't want the wrong information getting out, just a thought, im sure he had a reason for waiting so long.
what has happened, has happened, but the company is advancing
and on the right track now, would you agree with that.
Tex, Im sure you are aware that the stock was taken down and john had to change plans due to this, what do you want, Gold!
Give this guy a chance and cut him a break will you, considering the stock crash John is being inventive and is fast steady to get this company going, it is amazing john
is pulling off this biofuel plant deal under the circumstances, that shows me he isn't giving in no matter
what adversity he faces, including you.
Hey juanly! don't know about you but I am vary excited about this company and where there headed, phatom shares are always cheap untill they have to cover.
Its the law when the time comes for those shares to be produced, the brokes must do it, meaning time to pay the piper folks, That day is coming sooner than you think.
There are allot of good investors here that Im glade to be a part of, some day we will all meet in our common goal.
hey juanly hang in there, I bleave in this company and
won't be derailed by a scam artist, put them on ignor
like I did, than they are talking to themselves, thats the way it should be.
meatball you will be getting shares in the new listing on a
share exchange of the old phgi, so you will have shares in the present company and the new otcbb listing, also there is a cnq listing to happen too with uranium propetys and a canadian mining company, If you want to be a part of this you need to buy in now or get left behind, the current phgi will have the radio stations and a new name I beleave.
phgi shorted to death, amazing the volume and large
buys and sells sometimes under the bid, also old counts signals
shuffling of shares to manipulate share prise, they have no fear
as they have all the balls in there court to play with untill
that wall they hid behind, is taken down. all bashers here I have put on ignor, I suggest that we all do it, want to keep this board friendly, I accept normal negativity but not off the wall scare tactics.
uncle meatball, this got tooken down long before anyone new the rubber might hit the road, thet are holding this down waiting for john to make his move to the otcbb they think this stock will be a shell and they won't have to cover, might be a big surprise if coming.
hey pretty quick there bike, I just hope we get free trading shares, don't see any reason for john to use restricted, any way you cut it, anything would be better than what we got now, .005 is insane, no way did traders or company do this.
Ohps he did release a pr stating free trading shares but that was for thr cnq listing.
After this pr he released another pr and I did read free trading shares,,still looking
Perihelion Global (PINKSHEETS: PHGI), a development company with interests in natural resources, alternative energies, and advanced communications, today announced that the company's Board of Directors has approved, via unanimous consent, a resolution authorizing Perihelion Global to uplist to the NASDAQ Over-the-Counter Bulletin Board (OTC:BB) by means of an acquisition of a fully reporting shell company.
Background on the Transaction
Perihelion Global went public via a reverse merger on the Pinksheets in the 3rd Quarter of 2006, and since that time has moved nearly $1B USD in assets into the corporation. It has become clear to management that in the best interest of Perihelion shareholders, the company should expeditiously move to increase its visibility, liquidity, and corporate transparency by consummating a transaction to have its common shares listed on the NASDAQ OTC:BB. At the close of business on Monday, May 7, Perihelion's market capitalization was a fraction of the corporation's asset value and clearly not representative of the corporation's revenue potential.
Proposed Structure of the Transaction
Perihelion, through assistance of its executive management, is currently engaged in the due-diligence process with several OTC:BB shell candidates. Management contemplates the purchase will be done primarily with cash and will not result in more than nominal dilution from the existing single-percent equity interests the shell will retain following the transaction. Typically, shell owners retain between 5-7% of the equity post-merger, which would allow existing Perihelion shareholders to control the remaining 93-95% of the new listing.
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The company will transfer all of its cash, assets, and businesses into the OTC:BB entity with the exception of the broadcast radio stations which will remain with the current PHGI.PK ticker. In consideration to existing shareholders, management proposes a 1-for-1 'spinoff' of the PHGI.PK Pinksheet listing so that each and every documented shareholder as of the record date will effectively have double their existing shares; one set in the Pinksheet listing containing the broadcast radio stations, and the other in the OTC:BB listing which will contain the patented gold mine and biofuel refinery. Following the completion of the acquisition, the Pinksheet listing will add new management, change its name and will trade as a distinct and separate company. The 'Perihelion Global' name, and all existing management and directors, will be transferred to the OTC:BB listing.
An Example of proposed impact of reverse merger into OTC:BB shell:
Today you have 5,000 shares of PHGI.PK (contains all assets)
After the merger, you would have 5,000 shares of PHGI.PK and 5,000 shares of the OTC:BB listing*.
* Exact share conversion rate will be determined at the time of completion of the transaction
What to Expect After a Completed Transaction
When the proposed transaction is completed with a qualified OTC:BB candidate, Perihelion would have the duty to file periodic reports with the Securities & Exchange Commission, including all quarterly and annual reports. The company is confident such reports will clearly outline Perihelion's business plan, strong asset base, and audited revenue/income as applicable. For most shareholders, the transition will be automatic and handled by your brokerage firm electronically.
John H. Beebe, Chairman, Chief Executive Officer, and President of Perihelion Global commented, "The company will update shareholders as the process on this initiative moves forward, and on behalf of the Board of Directors and all of the Executive Management, we sincerely thank those shareholders who have remained optimistic and supportive of the company's business plan throughout what has been a difficult tenure on the Pinksheets. We expect to have new information, including details on the OTC:BB company and specific dates regarding completion of the transaction, by the end of the month."
About Perihelion Global:
Perihelion Global focuses on the acquisition, development and management of technologies, strategic commodity reserves and assets in the energy, natural resource and communications markets. Perihelion's management team specializes in providing solutions for the strategic challenges of 21st Century. We lead with decades of experience in environments that are mission critical in today's global marketplace: Technology, Energy and Communications.
Website: http://www.perihelion.com
Caution Regarding Forward-Looking Statements
This press release contains historical information as well as forward-looking statements that are based upon our estimates and anticipation of future events that are subject to certain risks and uncertainties that could cause actual results to vary materially from the expected results described in the forward-looking statements. The words "anticipate," "believe," "estimate," "expect," "hopeful," "intend," "may," "optimistic," "preliminary," "project," "should," "will," and similar expressions are intended to identify these forward-looking statements. There are numerous important factors that could cause our actual results to differ materially from those in the forward-looking statements. Thus, sentences and phrases that we use to convey our view of future events and trends are expressly designated as Forward-Looking Statements as are sections of this news release clearly identified as giving our outlook on future business.
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Oh ane moe thing he did say free trading shares in that pr a while back, I see no reason for john to do that.
A one for three would put us in the new otcbb shell share stucture of 30 mill
Hey bike he did spell out the convershion in a past pr, he put in it if you had 10000 shares of phgi you would have 10000 shares of the new phgi otcbb listing and 10000 shares under the old phgi under a new name in a one for one convershion, will try to find that pr for you guys, but this was his intentions but a .005 stock price wasn't, if he does a reverse I don't think it will be any higher than a 1 for 3
You bet!
Double E you an't kidding, and gusess what Canada is so rich
in uranium and they are the best miners in the world, It would seem john has many contacts in high places, look at what he has done already, not to mention all the other deals he had lined up but put on hold till a better time and share price, likeing this company more each day.
No Coincidence, like I said iv seen these same guys bashing another company that was taken down by the borkers and insiders that knew this plan was in place, I said plan, this is a well organized plan, I would like to see there tails between the legs again, that stock went from 2c to 50c in two days the volume was off the wall, than the brokers put a no buy on it through bogus spam alet or supisious trading, they are doing this way ahead this time, infact as soon as they saw Beebes purchase of that otcbb shell, Its time we bash the bashers, also you can tell who they are because they post morning day and night as they have no job to go too, bashing is there job and probbley get paid vary well for it, John BEEBE knows this, but can't prove it, not even the nbo list will pick it up in a well organized plan, I know many here don't beleave this but it is so true.
A one for one exchange would be fantastic, john said the exchange would be a one for one in his frist pr about the otcbb listing a while back, I hope he will hold true to his word.
MR BEEBE is pulling tremendous assets out of thin air, this guy is getting it done, he got the biofuel plant and is now being transported, the otcbb shell, we have assets in the gold property and soon a cnq listing with uranium assets, a 60 million gal plant is going to be built not to mention the extra 1000ac extra gold property, and for all you investors here the assessment is only for the gold on the 400ac doesn't include all the other metals or the extra 1000ac that was acquired, good times are coming soon for all of us, this stock was shorted to death and is being manipulated as not to cover, the big surprise is about to happen, also there are people here bashing this stock, Iv seen this people before bashing ???, it was shorted to death and a reverse merger made the them cover, but the bashers were at full force trying to make you sell just before the surprise reverse merger, the stock took off like wild fire, shares were not transferring to the new company as phantom shares can't until they cover, the mms were buying it as fast as they could, they hid those shorted shares for many years and they never showed up on the shorted show list until the got squeezed into covering from the reverse merger and it was many millions, yes iv seen these people before and they are here so I know this stock is shorted, these people work for the brokers involved in this corruption.