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Re: Risicare post# 27730

Saturday, 09/13/2008 9:35:03 PM

Saturday, September 13, 2008 9:35:03 PM

Post# of 29782
If I were Perihelion, I'd hold back paying the $18,000 utility bill.

After all, the city of Opp hasnt provided the rail service and other access it promised it would do, right? With Perihelion saying they have what a 60 to 90 day window before the IRS provides tax guidelines on fuel, the power might as well be left off for now.

Lets get the shorts and sellers to feel confident nothing is happening. $18K is easy to pay off, what in the scheme of things really.

As for a 2.4 mill lien that Fly is saying without proof. I guess that means even if true that there is a bill to pay if the land sells. I dont think Perihelion is planning on selling the refinery, so I guess even if the lien is correct, its pretty much just dead wood bill sitting there without much worry.

After all, it shouldn't stop Perihelion making money off of fuel sales on the land. It just means that someone potentially has dibs to the land at some point in the future.

If PRGL starts making fuel and money on the land, then the last bill to be paid would be a lien on the land and that could be years from now.


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