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juanly

10/01/07 11:41 PM

#14508 RE: Double E #14491

Yeah, just as long as everyone realizes this is totally just for fun and I am probably 1000% wrong...but here's my guess.

RNVO will do a reverse split that will bring their share count down to approximately the same as PHGI and then they'll just kind of slide together and become one....kind of like a marriage.

Actually, I don't have the slightest idea. Beebe did say that RNVO would have to conform to PHGI's share structure, did he not? So does that mean that even after the two become one that the outstanding shares will still be the same?

Or maybe RNVO will do a reverse split and then after the takeover then PHGI will also do a reverse split, once again with the eye on keeping the share count the same.

Or maybe Beebe will wave a magic wand and "poof" it'll be done. I like that guess the best. :)

juanly

10/01/07 11:51 PM

#14509 RE: Double E #14491

I notice that you mentioned a dividend. What dividend? Are we supposed to get a dividend? That would be nice. I thought that the only dividend was when Perihelion Canada comes into being.

I vaguely remember reading something about that once the takeover happens that however many shares one owned of PHGI, they would still own that plus the same number of shares of the new entity. But that was when the radios, I think, were going to remain with PHGI.

But then I remember reading something that said that there would be two OTC:BB shells and that some assets would be going into one and the rest of the assets would be going into the other. So I don't know if that means that if a person owns 100,000 shares of PHGI would they then own 100,000 shares of OTC:BB company one PLUS 100,000 shares of OTC:BB company two?

Even if it didn't turn out to double one's shares, even an extra percentage would be nice. Oh....maybe that's the dividend you mentioned. Ok....I'll go away now. :)