well, actually imo it creates more confusion.
where is the bond?
the same pr states: "The $20,000,000 USD tax-exempt industrial bond will be a non-dilutive financing event to Perihelion Global shareholders."
not just this one but also the february one last year states the exact same thing:
"The financing, which W.R. Taylor & Company, LLC will spearhead from inducement through closing, will be non-dilutive to Perihelion Global shareholders and will consist of both tax-exempt and taxable industrial revenue bonds."
....
"Having completed similar financings for renewable fuels projects in the Southeast and Mid-West, we look forward to a successful closing for the Alabama plant in the coming months and expanding our firm's renewable fuels portfolio."
we all know this is the second dilution wave taking place as we speak, so i don't get how building the plant is non-dilutive to the shareholders, when it says in the 504 that the proceeds from selling stock to be used to pay for the plant.
so, where is that bond? show me da bond, mr. bond ...