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realdutchman

08/03/07 5:09 PM

#1310 RE: Alton85 #1309

I was wondering the same thing.

Rocket-Interceptor

08/04/07 1:53 AM

#1362 RE: Alton85 #1309

since 2006 has moved nearly $1B USD in assets into phgi.pk

my target is .05

Perihelion Global to Acquire OTC:BB Listing in Proposed Transaction

WILMINGTON, DE and SANTA ROSA BEACH, FL -May 8, 2007 -- Perihelion Global (Other OTC:PHGI), a development company with interests in natural resources, alternative energies, and advanced communications, today announced that the company's Board of Directors has approved, via unanimous consent, a resolution authorizing Perihelion Global to uplist to the NASDAQ Over-the-Counter Bulletin Board (OTC:BB) by means of an acquisition of a fully-reporting shell company.

Background on the Transaction

Perihelion Global went public via a reverse merger on the Pinksheets in the 3rd Quarter of 2006, and since that time has moved nearly $1B USD in assets into the corporation. It has become clear to management that in the best interest of Perihelion shareholders, the company should expeditiously move to increase it's visibility, liquidity, and corporate transparency by consummating a transaction to have its common shares listed on the NASDAQ OTC:BB. At the close of business on Monday, May 7, Perihelion's market capitalization was a fraction of the corporation's asset value and clearly not representative of the corporation's revenue potential.