Nope, this isn't a good company. PHGI cooked there books its plain and simple. PHGI bought a radio station from John H. Beebe CEO for 180,000 when it was worth 60K. That is called Inflating assets and is very illegal. This is not a great company. They also have more liabilities then they do assets, which means they are insolvent. So they must dilute there stock to make payments. There is nothing great about this company. May I add, that they released 72 PR's last year and 10 of them were back to back stating that they moved 1 billion dollar mining claim in PHGI, which was not true and misleading to the public and also is very illegal. How is this a great company? A stock promoter can call me a basher, but this is the truth. This is not long term stock. Stay away!!!!
Or lose everything.
Reference the Worm06 blog.
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