"From the PR put out by Perihelion, they stated that they sold the shares to close a deal." ????
Ummm, no, they didn't.
Here is the excerpt:
"issue additional common shares to finalize various projects."
Would you consider moving equipment across the country a project? Would you consider putting up a tent a project?
Do you think that the trucking company and the concrete company issued invoices (debts) relating to these projects?
Projects (the companies word), deal (your word), it doesn't matter, a debt is still a debt, is it not?
Are these projects not related to building a biofuel refinery facility? Is not the available Industrial Revenue Bond financing not for building a biofuel refinery facility?