Nymet Holdings Inc. (fka NYMH)

[quixopixs]

How much CASH does PRGL have sitting in its Canadian subsidiary?

http://findarticles.com/p/articles/mi_pwwi/is_200708/ai_n19429470

It appears that a dividend payment went into the canadian company while it was looking at establishing a Uranium operation or arm of Perihelion.

We know Bebee has been cautious in investing funds as he has seen other bio plays blow wads of cash for refining peanuts etc, only to see the feedstock prices to rise to a point to be unprofitable.

With funds sitting there likely and PRGL ramping up its bio operations slowly working on developing a multi-feedstock system to handle whatever input is cheap for making fuels, Perihelion could have an ace up its sleeve

Bebee was pretty much bang on in predicting the market meltdowns, lets hope he has saved the cash to invest it wisely now that many things are on sale. Certainly in this interview you can hear his cautious approach to investing money into a plant as he wants to make sure the method will work and will be profitable.

For all the Negs looking for a large white elephant easter egg of a plant, a massive structure of 20 million spent on a technology that doesnt work, or is unviable. I think the interview with Bebee shows clearly that Bebee was unwilling to sign on the dotted line for one design that spends the piggy bank of cash.

Hopefully we see good things for those patient enough to wait.