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avdave

10/25/07 1:27 AM

#15851 RE: juanly #15850

"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?