Replies to post #2215 on Bebida Beverage Company (BBDA)

[shortsinthesand]

actually Rocket I find it to be very disturbing news.. I am a PHGI share holder and I wasn't interested in a billions share structure?

In fact the CEO was bragging how he was reducing the share structure and he wanted to become transparent..

Well he has become transparent now as we will end up with a company having billions of shares.

That means our investment will become a sub penny wooffer IMHO. Very disappointing news today!

good luck

shorts

[Rocket-Interceptor]

Perihelion Global buys mine in Box Elder

Deseret News (Salt Lake City), Sep 21, 2006
Perihelion Global announced Wednesday that it has reached an agreement to acquire privately held Saturday Night, sole owner of a gold and silver mine in Box Elder County.

There have been three certified geologist valuations of the gold reserves, which determined a minimum of 1,277,950 ounces of gold at the mine, according to a statement released by Perihelion. The valuations were conducted in 1983, 2000 and 2006.

The terms of the acquisition are cash and a 12 percent total stake in Perihelion Global, the company said. The proposed acquisition is expected to be finalized within 30 days, and private funds will be used for the cash portion of the deal -- the cash amount was not disclosed -- as well as any additional financing that might be required. Perihelion is based in Santa Rosa Beach, Fla.

Copyright C 2006 Deseret News Publishing Co.
Provided by ProQuest Information and Learning Company. All rights Reserved.

http://findarticles.com/p/articles/mi_qn4188/is_20060921/ai_n16752223