The guy created the company from scratch. In 3 years, he took it from being a startup company in the merchant services business to being a major player that was acquired.
So here he's starting again.. in a pink sheet on the public market. He came out of left field and suddenly has a $750M asset in the company. He came out of left field and suddenly moved some of his personal radio networks he owns into the company. He came out of left field and created the transaction with Opp, with has strong local and state-level support.
That's not to mention the team of personnel he's assembled with Perihelion -- I've met many of them and they are exceptionally talented. I can't speak for them.. but they aren't thinking small, I can tell you that.
Maybe we better start playing this guy to the left? Skepticism is all well and good, but this guy has a track record.
7 years later, Global eTelecom is still alive, well, and going about its business. How many other 'pink sheet' CEOs have that kind of credibility?
-------------------- FurrySound -DD-GLTA-Unless I've quoted a source, I know not what I speak of. YahooIM=FurrySound Posts: 2170 | From: Pennsylvania, USA | Registered: Mar 2004
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-------------------- FurrySound -DD-GLTA-Unless I've quoted a source, I know not what I speak of. YahooIM=FurrySound Posts: 2170 | From: Pennsylvania, USA | Registered: Mar 2004
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posted
Gold mine,radio stations and a bio-fuel plant to be built in Opp Alabama! Bio-fuel pumps to be installed in service stations along I-65 this year! When this starts trading good it could be huge boys and girls. Its a good flip for a while but when it starts to really run we hold. Just a matter of time Furry.
-------------------- Buy when blood runs in the streets
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-------------------- Buy when blood runs in the streets Posts: 1370 | From: lucedale ms usa | Registered: Dec 2004
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posted
A little more of the DD that has been done. good luck fish. ima waitin till his shares are no longer restricted from buying the shell. and when they actually get closer to production.
-------------------- All post are my opinion. Do your own DD. Who's clicking your buy/sell button!? Posts: 7800 | From: Virginia | Registered: May 2006
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-------------------- FurrySound -DD-GLTA-Unless I've quoted a source, I know not what I speak of. YahooIM=FurrySound Posts: 2170 | From: Pennsylvania, USA | Registered: Mar 2004
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posted
Here is the interview. John doesn't like the pinks either.
quote:Originally posted by fishfarmer:
quote:Originally posted by Albireo: Check out the PQL Interview with John Beebe. Very impressive and you get a general feeling that this company will be extremely transparent with their share structure and cash flows.
CAUTION! Do not read this interview if you don't want to get hooked on this stock!
January 12, 2007 Exclusive Interview with John H. BeebeCEO of Perihelion Global, Inc (OTC: PHGI)
General Questions PQL: You were the co-founder and CEO of Global eTelecom, a private and successful merchant-services/check processing company that was subsequently sold during your tenure and still thrives today, seven years later. How much of a ‘culture shock’ has it been launching a new public company on the pink sheet markets?
JB: First I want to thank you for the opportunity for the interview Tim. To answer your question, yes there has been a small amount of “culture shock” as you put it. Our entire management team has tremendously successful track records and we have operated in an environment where our reputations and actions speak for themselves. The experience on the pink sheets to date has felt like we are operating in a reverse parallel universe at times. In other markets you announce what the company’s goals and objectives are, you follow through on those and the shareholders and markets are pleased. The pink sheets seem to operate differently. We have announced our plans, executed them and some have chosen to express suspicions simply because we actually followed through on what we said we would do. I must admit it really does not make logical sense and it does take some getting used to being criticized for completing what you have previously committed to do. You have to have a good sense of humor and take everything with a grain of salt and remain focused on your goals and objectives.
PQL: The company went public via a reverse merger with a non-reporting pinksheet shell. Does Perihelion or its management have any relationship with the former management of the shell company?
JB: We acquired Vision Works strictly for the ability to get on the public markets. I became enamored with the reverse merger process after studying Warren Buffett and subsequently learning that it was the way Berkshire Hathaway came to life in the public markets. There was not any prior affiliation or involvement with the previous management or majority ownership. The Vision Works was nothing more than a shell that had previously run into serious difficulties executing their business plan. Patented Gold Mine
PQL: The Company came right out of the gates and announced a major acquisition – a $737M patented gold mine – within weeks of announcing the transaction to go public. Can you clarify how the company financed this purchase, and can you confirm if it is indeed complete and now under the title of Perihelion?
JB: Yes, I would be happy too. We have fully completed the acquisition of the patented gold mine. It is now legally owned and in the name of Perihelion Global. For those interested, this can be confirmed by checking with the County Clerk in Box Elder County, Utah. I would like to address the assumption of a few that this deal just happened “right out of the gate”. I had been diligently working on it for 8 months prior to our acquiring Vision Works and the timing of its completion came around the time of the Vision Works merger. This had been well planned, negotiated and thought out for months prior. The acquisition was financed with cash, funded primarily out of my own personal resources and also translated into 13.5% of the outstanding shares of the company. All of the stock associated with the transaction is restricted at this time and no free trading shares were issued to the principals of Saturday Night, LLC as a result of the acquisition. They strongly believe in the overall vision for Perihelion Global and also the company’s long term viability.
PQL: Does the company plan to mine this property, and if so, how long would it take before investors could see revenue from this acquisition?
JB: Yes, we plan to fully maximize this asset. Performing the mining directly ourselves or perhaps entering into a joint venture with another well known mining company are proposals that are currently being considered and analyzed. We anticipate that we will generate significant revenues from the gold mine property starting in 2007.
PQL: The geologist report confirms the presence of 1.2M ounces of gold. Are these proven reserves? Also, does the company plan to assay the mine for content of other metals such as silver, copper, or palladium?
JB: Yes. The amount of reserves have been assayed and verified by two independent well known and respected Certified Geologists, Dr Y.S. Kim and John Yellich. We plan on conducting further studies to assay the amounts of other precious metals that are present in the property including silver, copper, platinum and palladium and also determine the most cost effective way to extract these metals for maximum value to our company. Biofuel Refinery
PQL: The company held a press conference in Opp, Alabama to announce its plans to build a $40M biofuel refinery there. Can you provide details of how the company has funded this project thus far, when the construction will commence, and a rough overview of the kind of revenue a plant like this could generate?
JB: To date the project has been funded by the financial resources of the executive management and directors of the company. We anticipate the entire funding to complete the project coming from various sources, most of which have already been secured, including bank loans, economic development loans, grants, equity and also revenue from the gold mine. The date of the groundbreaking is later this month and we will have a formal announcement on that shortly. We anticipate that if we run at full capacity for the year – 40 Million gallons – that we would enjoy annual revenues from the BioFuel refinery in the range of $40-$60 million dollars a year.
PQL: Does the company believe that the American public will embrace biofuels? How important is this product in not only protecting the environment, but also national security?
JB: Yes. The President and Congress has mandated that Bio Fuels are a strategic importance for our country environmentally, economically and also for national security. Our plan is to not reinvent the wheel or have consumers or businesses change their current habits or operational structure to utilize our Biofuels. We plan on utilizing existing infrastructure and distribution channels to get our cost effective Biofuels on the market. Stock and Equity
PQL: A major concern too many smallcap investors are potentially negative financial instruments in the market. Does the company have any outstanding convertibles, warrants, options, or other special financial instruments that could adversely impact the share price? Can you confirm that the restricted shares used in the purchases of the gold mine and the radio stations are ‘locked up’ for a period of two years?
JB: All shares that have been issued for all of our acquisitions to date are restricted and will remain so until we file a formal registration of those shares with the SEC or the time period governing Rule 144 securities requiring those shares to be restricted has past. There are no outstanding convertibles, debentures, warrants or options that exist at this time that would have a negative impact on the current share price.
PQL: Do you have any comments regarding the current valuation of the company on the public market? Is the company contemplating any type of forward or reverse split in attempts to stimulate activity in its stock?
JB: I do not anticipate or foresee any reason, purpose or event that would necessitate our conducting a reverse split anytime in the foreseeable future. We intend to have a robust stock price and we are sensitive to our company’s valuation. Obviously having an excessively large public float would run counter to our desires of a strong share price. In my opinion, considering the assets that the company owns we are vastly undervalued at this time. Reporting Status
PQL: Does the company have the resources and personnel required to begin the lengthy process of becoming fully-reporting?
JB: Yes we do. One prime example is former Senior IRS Manager Frank Claycomb, CPA who is one of our Directors and is Chairman of our audit committee.
PQL: Regarding the company roadmap, do you envision Perihelion becoming an OTC:BB Company or will the company aspire to list on an even higher exchange?
JB: It is not in our long term plans or vision for Perihelion Global to stay a Pink Sheet company. We anticipate having the items required to up list directly to NASDAQ or the NYSE completed in the not too distant future.
** THIS IS NOT AN OPINION TO BUY OR SELL SECURITIES. Mr Fostik is a compensated consultant to Perihelion Global and has been compensated 60,000 rule144 restricted shares (issued by and from the company) for consulting services and coverage on PQL Research websites. Additionally, Mr Fostik has purchased 700 shares at $.21/avg in the open market, and has intent to sell this position, whether for a profit or a loss, at any time. Nothing in this release or the subsequent coverage on PQL Research is to be construed as anything other than speculation, and investors are cautioned that Mr Fostik has an inherent bias in his viewpoints and opinions about the company.
PQL Research makes clear that its coverage(s) of securities are in no way expected to be impartial and often omit information that it may consider undesirable. Mr. Fostik is not qualified to render an investment opinion whatsoever and investors should only rely on historically-proven and factual information contained in public press releases and/or filings released by the company for accurate information and representations regarding the company. Investors are encouraged to seek qualified investment advice from licensed professionals as well as the many resources on the US Securities & Exchange Commission website at www.sec.gov.
PQL Research has submitted this document to management of Perihelion Global prior to it being published.
-------------------- All post are my opinion. Do your own DD. Who's clicking your buy/sell button!? Posts: 7800 | From: Virginia | Registered: May 2006
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posted
PHGI -- Perihelion Global, Inc. Com ($0.001)
COMPANY NEWS AND PRESS RELEASES FROM OTHER SOURCES:
***.com: The City of Opp, Alabama, Covington County, Alabama, Covington County Economic Development Commission & Perihelion Global Announces January 29, 2007 Groundbreaking for Bio Fuel Refinery
Opp, Alabama, Santa Rosa Beach, FL, Jan 17, 2007 (M2 PRESSWIRE via COMTEX) -- Perihelion Global (OTC: PHGI) and the City of Opp, Alabama; The Covington County Board of County Commissioners; Covington County Economic Development Commission and The State of Alabama jointly announce the Official Ground Breaking of Perihelion Global's Bio Fuel Refinery locating in Opp, Alabama on Monday, January 29, 2007 in the Opp Industrial Park at 10:00AM CST. The Ground Breaking will formally launch construction of Perihelion's Bio-Fuel Refinery which be the largest Bio-Fuel Refinery in North America using peanuts as the primary stock and will also be the 3rd largest Bio-Fuel Refinery in North America overall.
Present at the Official Ground Breaking will be City of Opp Mayor H.D Edgar; Perihelion Global Chairman, Chief Executive Officer & President John H. Beebe, members of Perihelion Global's Board of Directors and Executive Management staff; Covington County Economic Development Commission and also various Federal, State, County, and City Officials will also be on hand.
Perihelion Global Management and State, County and City Government Officials will be available for questions from the Media or the Public.
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: www.perihelion.com Contacts: John H. Beebe Chairman, Chief Executive Officer & President Perihelion Global 866-748-7610 (Toll Free) ext. 719 john*perihelion.com
Robert H. Boothe, Jr.
Government & Public Relations Perhelion Global 866-748-7610 ext. 704 rboothe2perihelion.com www.wopp.com
Mayor H.D. Edgar City of Opp, Alabama hdedgar*oppcatv.com (334)222-4572
Richard T. "Tucson" Roberts President & CEO Covington County Economic Development Commission (334)222-7040 ccedc*alaweb.com www.southalabamaed.com
Stay up to date with *** NewsWire "NEWS YOU CAN TRUST" at www.***.com
Here it is boys and girls. There has been a huge increase in peanut production in my area of Ms. the past few years. This is very good news for the farmers in this area.
-------------------- Buy when blood runs in the streets Posts: 1370 | From: lucedale ms usa | Registered: Dec 2004
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posted
Still not in this but watching - on the list for summer of '09 to check out how things have progressed. Good luck. Glad you started a new thread so Boodog isn't the "speculated" promoter of this pinky. And if you do review the other thread you will see I do not recommend this stock. Do your own DD.
-------------------- All post are my opinion. Do your own DD. Who's clicking your buy/sell button!? Posts: 7800 | From: Virginia | Registered: May 2006
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Recently submitted the Bio-Fuel plant groundbreaking announcement to Drudgereport.com.
I encourage others to contact national news organizations to make them aware of this ambitious undertaking. We are entering into an era of intense global warming (according to science) and bio-fuels are a HUGE issue.
"3rd largest Bio-Fuel plant in North America!" "Largest Bio-Fuel plant that uses Peanuts as primary stock in North America!"
These claims are very big and deserve national coverage. Let's put Opp, Alabama on the average American's radar screen!
Posts: 415 | Registered: May 2005
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There is a lot more going on here than just another 'gold' company.
-------------------- FurrySound -DD-GLTA-Unless I've quoted a source, I know not what I speak of. YahooIM=FurrySound Posts: 2170 | From: Pennsylvania, USA | Registered: Mar 2004
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posted
LOL. No fish. I've been reading the IHUB thread with the paid pql researcher. I know Beebe has his hands full with everything he is trying to accomplish. My concern is all the restricted shares and dilution. Also bringing in all his "LLC" into PHGI. I honestly don't mind watching you guys make money. There are thousands of stocks out there and I'm only in a few.
Adding this - any idea when they will submit anything to the SEC? Be nice to see some filings to show what's happening other than the PR's. That would add a smidgin more transparency anyway.
-------------------- All post are my opinion. Do your own DD. Who's clicking your buy/sell button!? Posts: 7800 | From: Virginia | Registered: May 2006
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posted
According to the TA the float "is not public information". Restricted shares "also not public information"
o/s is now 58,019,664.
American Registrar & Transfer Co 342 East 900 South Salt Lake City, UT 84111-4316 Tel: (801) 363-9065
Could be they are gagged eh?
From Pink sheets Outstanding Shares: 52,398,567 as of 2006-10-25
-------------------- All post are my opinion. Do your own DD. Who's clicking your buy/sell button!? Posts: 7800 | From: Virginia | Registered: May 2006
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posted
Still got my 1.43 million shares (er, make that 143 shares after the 1/10,000 R/S) from the VWKM days. I'll hang on and possibly add a few shares as this company is moving in a direction a lot better than what it was in its prior life.
-------------------- I may be wrong, but I don't think so.... Posts: 837 | From: Madison, WI | Registered: Sep 2005
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-------------------- FurrySound -DD-GLTA-Unless I've quoted a source, I know not what I speak of. YahooIM=FurrySound Posts: 2170 | From: Pennsylvania, USA | Registered: Mar 2004
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-------------------- FurrySound -DD-GLTA-Unless I've quoted a source, I know not what I speak of. YahooIM=FurrySound Posts: 2170 | From: Pennsylvania, USA | Registered: Mar 2004
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posted
They have certified paid pumpers helping this so the $1 may not be that far off. LMAO.
-------------------- All post are my opinion. Do your own DD. Who's clicking your buy/sell button!? Posts: 7800 | From: Virginia | Registered: May 2006
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-------------------- FurrySound -DD-GLTA-Unless I've quoted a source, I know not what I speak of. YahooIM=FurrySound Posts: 2170 | From: Pennsylvania, USA | Registered: Mar 2004
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Perihelion Global Receives Additional Financial Incentives From the City of Opp, Alabama, Covington County, Alabama and the State of Alabama to Construct BioFuel Refinery Thursday January 18, 5:42 pm ET
This should qualify for some nice federal incentives also. I'm sure they won't pass up that opportunity.
-------------------- All post are my opinion. Do your own DD. Who's clicking your buy/sell button!? Posts: 7800 | From: Virginia | Registered: May 2006
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Perihelion Global Receives Additional Financial Incentives From the City of Opp, Alabama, Covington County, Alabama and the State of Alabama to Construct BioFuel Refinery Thursday January 18, 5:42 pm ET
This should qualify for some nice federal incentives also. I'm sure they won't pass up that opportunity.
Not just any bio fuel refinery, either- the largest bio fuel refinery in North America!
Posts: 292 | Registered: Mar 2006
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posted
I'll be honest - the bio end does look pretty good. The gold mine will take some major work to get going - and time. I don't like them eating all my peanuts though. I go through 5 lb bags here every couple months - lucky for me we grow a lot here in Virginia so I should be okay. I know the o/s is growing which means the float is growing also - but even if it only grows say 10MM every 2-3 months that is still pretty low. Still moving on pretty low volume also. People that were in this from the 1-10000 split are looking for beebe to split this IMO or risk buying to see what happens (that's just a thought but at this price not so sure I would risk it because there is still no revenue - only hype). Another issue is the team and brining in his llc's is a concern - making them partners/insiders adds to the pool of who's taking money out. I'd say i'm on the fence now. There is more he could do to add some transparency like filing with the SEC and showing his intentions with the filings. Certainly there is still a ways to go to start making the mulla and many things can happen along the way. Due Diligence never ends. Time will tell.
-------------------- All post are my opinion. Do your own DD. Who's clicking your buy/sell button!? Posts: 7800 | From: Virginia | Registered: May 2006
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cottonjim been there, done that
