avdave - you may have missed the company disclosing that it was purchasing an OTCBB shell.. on several occasions.
>>The William Tay asset purchase agreement was signed August 16. Mr. Beebe and the directors bought PHGI shares after that. Insider trading laws will have been violated if anything of PHGI assets or shares touches this shell.<<
that's interesting. the company announced in may that it was acquiring an OTC:BB shell, and provided an update in june. the company told us two months in advance of what it was doing.
now you are accusing the company of illegal insider trading. the company told everyone what it was doing three months in advance, yet when they follow through on this you want to cry foul? the fact is, the company stated it wanted to get off the pinksheets, advised shareholders to the mechanism(s) of which they would do, and appears they are very close to being successful in doing so. the company notified the general public of these initiatives months in advance of their disclosure on the pinksheet sites.
also note, the transaction cited in the cosway filing stated that the transaction didn't *close* until October 12, 2007.
if you have any concerns with respect to any of these transactions, you can contact either the company or its legal counsel. to my knowledge, and correct me if i'm wrong, but you haven't so much as sent an email to the company since you've been posting here. i do find that curiously odd since you've been more and more aggressively negative on the company each and every seemingly positive turn they've taken.
beebe found a clean shell, with no trading history, and, i might add, got it at a ridiculous price. as a shareholder, i'm very happy that this transaction was completed and am looking forward to a new era of disclosure.
have a terrific weekend.
** 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.
