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Re: blackcat post# 13904

Friday, 09/21/2007 1:40:29 PM

Friday, September 21, 2007 1:40:29 PM

Post# of 29782
blackcat - nice find.. looks like we'll be getting more frequent short updates.

keep in mind though that i still do not believe that these reports contain shorts made on an EX-CLEARING basis (broker to broker), so we really still dont have any idea of the true short position in any of these companies IMO.

the current report, as i understand it, defines shorts as between the hub and the spoke (the DTC and the broker/dealer). but many times broker dealers trade between each other outside of the hub and spoke system, which is called an ex-clearing transaction.

we simply dont really know what goes on there. pretty scary.

** THIS IS NOT AN OPINION TO BUY OR SELL SECURITIES. I am a compensated consultant to Perihelion Global and have been compensated 1,060,000 rule144 restricted shares as well as 15,000 free-trading shares (via John Beebe) for consulting services that include, but is not limited to, press release composition and distribution, website design and maintenance, website application development, and coverage on PQL Research websites. I have intent to sell any non-restricted shares (both purchased and compensated), whether for a profit or a loss, at any time, and for any reason. I have previously bought and sold open-market shares of this security. To date, I have sold approximately 15,000 compensated shares. Nothing I post on public message forums is to be construed as anything other than speculation, and investors are cautioned that I have an inherent bias in my viewpoints and opinions about the company. As a consultant for not only Perihelion, but for other public companies, my views and opinions do not necessarily represent the views and opinions of Perihelion Global, its management, or its shareholders. I am not qualified to render an investment opinion whatsoever and investors should only rely on historically-proven and factual information contained in public press releases and/or filings released by the company for accurate information and representations regarding the company.
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