pennimon - the dividend is for PHGI restricted series C preferred stock. i'm not sure why the details page says that, but here's the summary page from the daily list.
02/20/2008 12:49:59 PM|NBB|PHGI|Perihelion Global, Inc. Common Stock||+||02/29/2008|02/29/2008|+One share of restricted Class C Preferred stock for every 30 shares held. Will not be quoted ex.
as the company outlined in its PR, for every 30 shares of common held, you'll get 1 restricted series c preferred in PHGI. my guess is that the person entering the details mistook the different class of security for another company altogether.
you'll notice the + (which i presume is more like an asterik) immediately links that statement to the terms below it.
i've contacted beebe and perhaps we can get them to amend that little detail. =)
** THIS IS NOT AN OPINION TO BUY OR SELL SECURITIES. I am a compensated consultant to Perihelion Global and have been compensated 500,000 restricted series c preferred 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. My current contract with Perihelion Global ends in 02/08.