Ahhhh the good ole days! Beebe sells the radio stations to his share holders and buys a gold mine! lol What ever happened to that there gold anyway? Almost comical to go back and read the pr's! rotflmto
WILMINGTON, Del. and OGDEN, Utah, Dec. 19, 2006 (PRIME NEWSWIRE) -- Perihelion Global (Other OTC:PHGI.PK - News) announced that the corporation has formally executed the Asset Purchase Agreement with Saturday Night, LLC to acquire Patent Claim #5797 located in Box Elder County, Utah. Patent Claim #5797 has been assayed in separate geological reports to have 1,277,950 oz of Gold deposits, currently worth more than $745 Million USD ($745,000,000.00) and is located in Box Elder County, Utah, Township 6N Range 19W approximately 8 miles east of Montello, Nevada in the Lucin Mining District in the West Salt Lake Base. The transaction will be completed in full on January 2, 2007 for accounting purposes; with the official recording of transfer of the deed and Patent Claim #5797 to Perihelion Global occurring at that time. About Perihelion Global: Perihelion Global focuses on the acquisition, development and management of technologies, strategic commodity reserves and assets in the energy, natural resource and communications markets. Perihelion's management team specializes in providing solutions for the strategic challenges of 21st Century. We lead with decades of experience in environments that are mission critical in today's global marketplace. Website: http://www.perihelion.com
WILMINGTON, Del. and OGDEN, Utah, Dec. 27, 2006 (PRIME NEWSWIRE) -- Perihelion Global (Other OTC:PHGI.PK - News) announced that the corporation will acquire two FCC licensed broadcast facilities, both in the Southeastern United States. The acquisitions of WCMA-AM, a 50,000 watt broadcast facility covering portions of Alabama, Florida and Georgia and WTKN-AM, a full time broadcast facility serving Mississippi will mark the official launch of Perihelion's Communications Division. WCMA-AM is one of the most powerful FCC licensed broadcast stations in North America and is licensed to broadcast its signal at the maximum power (50,000 watts) allowed AM stations under FCC Regulations.
The stations are currently owned by Beebe Communications, which was founded by Perihelion Global Chairman, Chief Executive Officer and President John H. Beebe. Financial consideration for the acquisition of the FCC licensed broadcast facilities is $1,300,000.00; to be paid in restricted stock upon closing. The transactions are expected to close after FCC approval in late January 2007.
``I am pleased to announce the acquisitions of WCMA and WTKN which will launch our communications division and also continue to add to the corporation's solid asset base,'' said John H. Beebe, Chairman, Chief Executive Officer and President of Perihelion Global. Adds Beebe, ``With the advent of remarkable new technologies now available to existing broadcast stations, this is a great strategic fit for our long term corporate goals.''
============================================================== Perihelion Global Completes Acquisition of Patented Gold Mine With Gold Reserves of $745 Million From Saturday Night, LLC Thursday January 4, 2007 12:31 pm ET
WILMINGTON, Del. and SALT LAKE CITY, Jan. 4, 2007 (PRIME NEWSWIRE) -- Perihelion Global (Other OTC:PHGI.PK - News) announced that the corporation has completed its acquisition of the assets of Saturday Night, LLC, including Patent Claim #5797 located in Box Elder County, Utah. Patent Claim #5797 has been assayed in separate geological reports to have 1,277,950 oz of Gold deposits, currently worth more than USD745 Million ($745,000,000.00).
Holding Gold Reserves of $745 Million USD From Saturday Night, LLC Patent Claim #5797 is located in Box Elder County, Utah, approximately 8 miles east of Montello, Nevada in the central zone of the Montello Mining District in Northeastern Nevada-Northwestern Utah. The two most recent geological reports verifying the gold deposits in Patent Claim #5797 were conducted in 2000 by respected Geologist Dr. Yung S. Kim, a retired Professor of Geology at the University of Nevada and Senior Fellow at the Department of Conservation, Office of Mines, Sacramento, CA.; and in March 2006 by John A. Yellich, Certified Professional Geologist -- No. 7538, American Institute of Professional Geologists, Licensed Geologist -- No. 891, State of Washington. The March 2006 geological report on Patent Claim #5797 is posted on the Perihelion Global website http://www.perihelion.com for public viewing. ``This is a tremendous acquisition for our corporation,'' said John H. Beebe, Chairman, Chief Executive Officer and President of Perihelion Global. ``We firmly believe that the value of gold and other precious metals will continue to increase in the future. As such, in addition to the gold deposits already reported, we plan to conduct further geological surveys to determine the value of the remaining precious metal and mineral deposits in our patented property.'' Adds Beebe, ``Perihelion Global plans to utilize the most proficient methods available for extracting precious metals and minerals and will entertain possible ventures that would further enhance the value of our precious metal and mineral assets.'' Two principals of Saturday Night LLC, Brian Charlesworth and Dr. Patrick La Rive, will join Perihelion Global to serve in an executive management capacity. Says Dr. Patrick La Rive, ``I am very pleased with the rapid development of Perihelion Global and the proven team that John H. Beebe has assembled. Beebe's vision for Perihelion Global is steadily becoming reality. We are thrilled to become a part of this diverse company.''
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