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juanly

01/30/08 9:54 AM

#19773 RE: Double E #19770

Thanks EE!
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bikerider99

01/30/08 10:54 AM

#19777 RE: Double E #19770

well, actually imo it creates more confusion.
where is the bond?
the same pr states: "The $20,000,000 USD tax-exempt industrial bond will be a non-dilutive financing event to Perihelion Global shareholders."

not just this one but also the february one last year states the exact same thing:
"The financing, which W.R. Taylor & Company, LLC will spearhead from inducement through closing, will be non-dilutive to Perihelion Global shareholders and will consist of both tax-exempt and taxable industrial revenue bonds."
....
"Having completed similar financings for renewable fuels projects in the Southeast and Mid-West, we look forward to a successful closing for the Alabama plant in the coming months and expanding our firm's renewable fuels portfolio."

we all know this is the second dilution wave taking place as we speak, so i don't get how building the plant is non-dilutive to the shareholders, when it says in the 504 that the proceeds from selling stock to be used to pay for the plant.

so, where is that bond? show me da bond, mr. bond ...
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d indian

01/30/08 11:34 AM

#19795 RE: Double E #19770

double eeeeeeeeeeee, great post. Now where is PHGI'S follow up on their $20,000,000.00 share of the $40,000,000.00 cost of the new plant. Enough of the half truths, stories, whatever you want to call them. Bottom line, W R TAYLOR, in the equation don't mean crap. Beginning to think neither OPP, or PHGI, came up with one dime through bonds. Please verify if you think different, like maybe some kind of proof of money in the bank. All in my not so humble opinion. Indian