So you want to talk about when PHGI was just born all that time ago?
Let's see.
15 months ago....
-PHGI did not own the patented mine in utah with the certified assay showing over a billion dollars worth of recoverable gold. The same mine nobody has had mining access to for almost a century.
-Said mine was landlocked by federal land.
-No company previously owning the mine had been able to obtain authorization to build an access road across the federally protected land as Perihelion was able to obtain in 2007.
-Perihelion had not built the access road. That happened last summer.
-Perihelion had not yet purchased the land connecting the access to the mine with highways, electricity, and a rail spur. That occured in 2007.
15 months ago....
-PHGI had not yet secured mining rights to much of the mineral rich land surrounding the patented gold mine. Those claims were obtained during 2007.
-PHGI had not yet obtained a mining permit. That happened in 2007 with improvements added over the course of the year.
-PHGI had not yet concieved it's Canadian mining subsidiary. That has begun to take shape over the course of 2007.
15 months ago....
-PHGI had not yet acquired the roughly 40 acres in Opp Alabama where it would eventually announce plans to build a biodiesel refinery.
-PHGI had not yet worked out the tax breaks it would eventually receive from the city of Opp. The city of Opp had not yet provided incentives such as providing utility services for the refinery. That all happened in 2007.
-PHGI had not yet built the structure which will house the refinery in Opp Alabama. That phase of the construction was completed in 2008.
-PHGI had not yet purchased a biodiesel refinery in the western U.S., that happened late last summer.
-PHGI had not yet arranged for the refinery to be dismantled and trucked to Opp Alabama. That occured in 2007.
15 months ago....
-PHGI had not yet set up a contract for the shipping and sale of biodiesel from it's Opp refinery. That happened in 2008.
-Phgi had not yet received all of the permits required to operate the refinery. That process was completed in 2007 and 2008.
-PHGI had not yet purchased all the massive holding tanks necessary for a large refinery. They were purchased and delivered last fall.
-PHGI had not yet set up webcams at the construction site, allowing the general public to view the refinery as it is built. They were installed last fall, with improvements in 2008.
15 months ago....
-PHGI had A/S of 30+ billion. They were reduced to 355 million over the course of 2007 through a series of filings with the Delaware Secretary Of State.
-PHGI did not have a partnership with Clemson University for biodiesel research. That happened this winter.
-PHGI did own the radio stations that it purchased during 2007.
-PHGI had not yet received the licence upgrades (ie. boosting wattage to the maximum) for those radio stations from the FCC. That happened in 2007.
--PHGI did not have an agreement in place to take over and purchase a tv station. That occured in 2007.
Now I know I am forgetting other gains, but my memory isn't the greatest. Still, the question remains.... was it wise to purchase PHGI when it was .49 cents a share and had no assets? Is it wise to purchase PHGI TODAY at a fraction of a penny as the refinery and mine are ripe for production and after the company has sold a few million shares? I don't know.
But you should be ashamed for such a lie told through omision. What do you gain by this? Is it revenge? Or are you "just here to save investors from themselves"?
EE
