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?
Posted by FurrySound on :
1.8mil float per the T/A
closed .23 today, i bought some here.
Seems no one has really noticed this company, even though they have some pretty stellar news out.
Perihelion Global Completes Acquisition of Patented Gold Mine With Gold Reserves of $745 Million From Saturday Night, LLC
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
-------------------------------------------------------------------------------- Posts: 1213 | From: lucedale ms usa | Registered: Dec 2004 | IP: Logged | Posted by BooDog on :
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.
agreed fishfarmer. nice vol today.
Posted by BooDog on :
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.
Posted by fishfarmer on :
Trading like a real stock today. Gotta get me some more before ground breaking on the bio-fuel plant later THIS MONTH!!
Posted by fishfarmer on :
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.
Posted by BooDog on :
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.
Posted by Albireo on :
Pre-market: .27 x .30 !
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!
Posted by FurrySound on :
I hope you listened tic toc
There is a lot more going on here than just another 'gold' company.
Posted by Albireo on :
.32 x .36!!!!! UP WE GO!
Posted by Grynder on :
In at .31 out at .35
I'll sit back n watch for dips now......
Posted by Albireo on :
Already ripped through 1/4 of the float!
Posted by Albireo on :
Classic shake-rattle-and-roll thus far.
Posted by fishfarmer on :
I got more at .30, you in yet Boo?
Posted by BooDog on :
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.
Posted by fishfarmer on :
I've been flipping in the 40s gonna wait a bit longer this time. Posted by seano on :
ok I'm in with you guys at .29. Let's see what happens Posted by BooDog on :
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
Posted by BULListic on :
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.
Posted by fishfarmer on :
We gamblin now!!! Posted by fishfarmer on :
Mirrow trades!! Love this looks ready to roll!
Posted by FurrySound on :
Building itself up nicely.
Posted by FurrySound on :
What a great close Posted by fishfarmer on :
This will make 1.00 real soon, maybe a gap tomorrow!
Posted by cottonjim on :
quote:Originally posted by fishfarmer: This will make 1.00 real soon, maybe a gap tomorrow!
WooHoo, i'll have 24 dollars. (worthless, no good **!#, **&!#? VWKM)
Posted by BooDog on :
They have certified paid pumpers helping this so the $1 may not be that far off. LMAO.
Posted by cottonjim on :
It'd have to be $100 Per share for me to get my meny back from that VWKM cluster fk.
Posted by FurrySound on :
cottonjim been there, done that
Posted by BooDog on :
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.
Posted by Guy Tough on :
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!
Posted by fishfarmer on :
'Goats love peanuts' huh Boo? Posted by BooDog on :
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.
Posted by fishfarmer on :
Expect a good finish.
Posted by fishfarmer on :
Good finish, see you greedy people next week. Posted by Albireo on :
Perihelion Global to File Mining Permits With the State of Utah Department of Natural Resources; Division of Oil, Gas & Mining on Patented Gold Reserves of $745 Million Friday January 19, 4:27 pm ET
WILMINGTON, Del. and SALT LAKE CITY, Jan. 19, 2007 (PRIME NEWSWIRE) -- Perihelion Global (Other OTC:PHGI.PK - News) announced that the corporation has completed the applications to grant permits to conduct small scale mining operations on its patented Gold Mine (U.S. BLM Patent Claim No. 5797) in Box Elder County, Utah. The applications are to be formally filed with the State of Utah Department of Natural Resources, Division of Oil, Gas & Mining in Salt Lake City. ADVERTISEMENT
Perihelion Global anticipates formal approval to begin small scale mining of 5 acres or less on Patent Claim No. 5797 will be granted within 3 weeks. Patent Claim No. 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 on private land owned by Perihelion Global.
Perihelion Global's Patent Claim No. 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 No. 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 No. 5797 is posted on the Perihelion Global website http://www.perihelion.com for public viewing.
``We are steadily moving forward to maximize the full asset potential of the patented Gold Mine for our company,'' said John H. Beebe, Chairman, Chief Executive Officer and President of Perihelion Global. ``The markets continue to demonstrate a strong demand for gold and other precious metals and market price support remains strong.''
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: Technology, Energy, Infrastructure, Engineering, Banking and Communications.
This press release contains historical information as well as forward-looking statements that are based upon our estimates and anticipation of future events that are subject to certain risks and uncertainties that could cause actual results to vary materially from the expected results described in the forward-looking statements. The words ``anticipate,'' ``believe,'' ``estimate,'' ``expect,'' ``hopeful,'' ``intend,'' ``may,'' ``optimistic,'' ``preliminary,'' ``project,'' ``should,'' ``will,'' and similar expressions are intended to identify these forward-looking statements. There are numerous important factors that could cause our actual results to differ materially from those in the forward-looking statements. Thus, sentences and phrases that we use to convey our view of future events and trends are expressly designated as forward-looking statements as are sections of this news release clearly identified as giving our outlook on future business.
These forward-looking statements are subject to significant risks, assumptions and uncertainties, including, among other things, the following important factors that could affect the actual outcome of future events:
-- General economic conditions, either nationally or in our market area, that are worse than expected;
-- regulatory and legislative actions or decisions that adversely affect our business plans or operations;
-- price competition;
-- inflation and changes in the securities markets that adversely affect the fair value of our operations; and
-- changes in our organization, compensation and benefit plans.
We wish to caution readers not to place undue reliance on any such forward-looking statements, which speak only as of the date made, and wish to advise readers that the factors listed above could affect our financial performance and could cause actual results for future periods to differ materially from any opinions or statements expressed with respect to future periods in any current statements. We do not undertake and specifically decline any obligation to publicly release the result of any revisions that may be made to any forward-looking statements to reflect events or circumstances after the date of such statements or to reflect the occurrence of anticipated or unanticipated events.
Contact: Perihelion Global John H. Beebe Chairman, Chief Executive Officer & President 866-748-7610 (Toll Free) x 719 john*perihelion.com
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!
Ground breaking next week. I have a long time friend in Opp and plan to visit visit him soon to check the progress.
Posted by seano on :
does anyone know of any other bio fuel stocks?
Posted by BooDog on :
quote:Originally posted by seano: does anyone know of any other bio fuel stocks?
COMPANY NEWS AND PRESS RELEASES FROM OTHER SOURCES:
PQL Research: State of the Union Address Puts Biofuels in Focus
NEW JERSEY, Jan 24, 2007 (M2 PRESSWIRE via COMTEX) -- PQL Research, a smallcap, microcap, and nanocap stock research group, today announced that smallcap biofuels companies are being closely watched following an extremely ambitious State of the Union Address where President George W. Bush resoundingly supported expanding nationwide production of biofuels. PQL Research will be specifically monitoring activity surrounding Perihelion Global (OTC: PHGI), Earth Biofuels (OTCBB: EBOF), and Xethanol Corp (AMEX: XNL). In his address, President Bush proposed a mandatory fuels standard' to require 35 billion gallons of renewable and alternative fuels in place by 2017. This would seem to be a significant rally cry for biofuels producers, and the market could see renewed activity in these types of investments. Biofuels producers, for the most part, have remained mostly stable following tremendous short-term declines in oil prices, bucking recent trends that had the two sectors trading more closely.
Over a ten-day period which saw oil prices hit 19-month lows before rebounding on the heels of a long overdue mid-Atlantic winter storm, Perihelion Global has risen 20%, Earth Biofuels is up 8%, and Xethanol has gained an impressive 36%, albeit mostly in the last two trading sessions.
Although the precipitous decline in oil prices may have previously discouraged biofuels investments, the market may finally be betting on their viability as a long-term component of the national energy policy. PQL Research continues to believe that energy production will be at the forefront of both Washington and Wall Street for years to come.
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
The company has made a series of recent press announcements, including announcing the groundbreaking of its $40M biofuels refinery in Opp, Alabama, its intent to file mining permits with the State of Utah, Division of Oil and Gas, as well as initial FCC approval of its acquisition of two broadcast stations in the South. The company made headlines earlier in the month by announcing a completed acquisition of Saturday Night, LLC and a Box Elder County, Utah gold mine with proven reserves of $745M. The pinksheet-traded stock closed at $.30, down 25%, on volume of 214,147 shares on Tuesday.
About Earth Biofuels
Earth Biofuels produces and distributes biodiesel fuel through the company's network of wholesale and retail outlets. The fuel is sold under Willie Nelson's brand name, "BioWillie ." Earth Biofuels also produces and markets liquefied natural gas (LNG). The Company is focused on meeting the growing demand for alternative and renewable fuels in the domestic market. The Company's Web site is www.earthbiofuels.com.
Earth Biofuels recently announced that the company and its BioWillie biodiesel brand were recently featured on PBS. In addition, the company recently announced that its Wholly-Owned subsidiary, Applied LNG Technologies, was awarded a five year contract for the sale of liquefied natural gas to Omnitrans. Earlier in the month, the company announced that it was acquiring a controlling interest in an ethanol production facility located near Moses Lake, Washington. The OTC:BB-traded stock closed at $.80, up 15.9%, on volume of 2,588,377 shares on Tuesday.
About Xethanol Corporation
Xethanol Corporation is a renewable energy company focused on converting biomass to biofuel. The Company's technology strategy involves working with leading scientists and licensing, acquiring and commercializing innovative technologies. The company's production strategy involves developing small regional facilities, located at or near the source of waste biomass. Xethanol currently owns and operates a 5 MGPY corn-based ethanol facility in Blairstown, IA. Headquartered in New York City, Xethanol is traded on the AMEX under the symbol XNL. For more information about Xethanol, please visit its website at http://www.xethanol.com.
Xethanol has had a difficult winter, with several legal firms announcing class-action lawsuits against the company. The company's December announcement regarding a new venture to produce ethanol from waste citrus peels met initial excitement in the market, but quickly reversed course and met 3-month lows in the before surging recently. Previously, the company announced both a new board member and Executive Vice President of Communications and Technology Affairs. The AMEX-traded stock closed at $3.07, higher 13.7%, on volume of 3,171,300 shares on Tuesday Gotta be grant money in this. Posted by fishfarmer on :
PHGI -- Perihelion Global, Inc. Com ($0.001)
COMPANY NEWS AND PRESS RELEASES FROM OTHER SOURCES:
***.com: Perihelion Global BioFuel Refinery to Benefit from Proposed Mandatory Alternative Fuels Standard Outlined in State of the Union Address by President Bush
Opp, Alabama, Santa Rosa Beach, FL, Jan 24, 2007 (M2 PRESSWIRE via COMTEX) -- Perihelion Global (OTC: PHGI) today announced that in the annual State of the Union address, President George W. Bush proposed a mandatory alternative fuels standard to require 35 Billion gallons of renewable and alternative fuels in annual production by 2017 specifically including BioDiesel. President Bush stated, "For too long our nation has been dependent on foreign oil. And this dependence leaves us more vulnerable to hostile regimes, and to terrorists -- who could cause huge disruptions of oil shipments, raise the price of oil and do great harm to our economy." Adds President Bush, "It is in our vital interest to diversify America's energy supply." "We need to press on with battery research for plug-in and hybrid vehicles, and expand the use of clean diesel vehicles and biodiesel fuel". The proposed fuels standard was part of a larger agenda of asking Congress to help in pursuing A Great Goal', by reducing gasoline usage in the United Stated by 20 percent within the next ten years.
In the Majority Democratic response, Senator Jim Webb (D) stated: "Further, this is the seventh time the President has mentioned energy independence in his state of the union message, but for the first time this exchange is taking place in a Congress led by the Democratic Party. We are looking for affirmative solutions that will strengthen our nation by freeing us from our dependence on foreign oil, and spurring a wave of entrepreneurial growth in the form of alternate energy programs. We look forward to working with the President and his party to bring about these changes."
Perihelion Global will break ground on its $40,000,000 BioFuel refinery in Opp, Alabama on Monday, January 29, 2007. The public is invited to attend. The BioFuel Refinery will be the third largest in North America overall, and the largest refiner of fuels derived primarily from peanut stock. The company projects BioFuel production capacity at approximately 40 Million gallons annually from the Opp, Alabama facility; which would provide the United States slightly more than one-tenth of one percent of the proposed mandatory fuel standard from Perihelion alone.
In 2006, an estimated 200 million to 250 million gallons of BioDiesel were produced nationally, according to the National Biodiesel Board. Although industry sources have cited BioDiesel growth, it is unlikely there will be enough production online significantly before 2017 to meet the proposed mandatory fuel standard. This greatly benefits Perihelion Global, as the company expects to sell its first gallon of BioDiesel in the first quarter of 2008. This could create a market of intense demand and limited supply, whereby Perihelion would conceivably be operating at maximum capacity for the next ten years and pre-sell every gallon the refinery produces. In such a scenario, the company would anticipate revenues no less than $400,000,000.00 USD across the proceeding ten years.
The President's comments will only further accelerate what the company believes will be an inevitable and complete adoption of BioFuels to ensure national and economic security as well as a cleaner environment, as has been outlined in numerous interviews by Perihelion Global Chairman, Chief Executive Officer & President, John H. Beebe. Perihelion Global believes it is strategically positioned to capitalize on the reality and promise of renewable and alternative fuels.
"Perihelion Global is successfully proceeding forward with our Opp BioFuel Refinery and other strategic projects which we believe will play a key role for future United States economic and environmental health and national security", states Perihelion Global Chairman, Chief Executive Officer and President John H. Beebe.
Posted by FurrySound on :
Ground breaking next week. Should be interesting.
Posted by BooDog on :
kudos for one heck of a PR department.
Posted by FurrySound on :
Best thing is the PR's are verifiable. Unlike many pinksheet companies, where you can't find any information on the companies or projects being worked on, PHGI is set to change that. Much like PYPR and INXR imo.
Show me the money! lol
They even give you contact info for some quick DD to verify legitimacy.
City of Opp, Alabama Mayor H.D. Edgar (334) 493-4572 hdedgar*oppcatv.com
Covington County Economic Development Commission Richard T. "Tucson" Roberts, President & CEO (334) 222-7040 ccedc*alaweb.com www.southalabamaed.com Posted by fishfarmer on :
PQL Research will offer exclusive coverage of the groundbreaking to its members, including photos, videos, and a live **** through its website. To access the full coverage of Perihelion Global, you must be a subscriber to our free Yahoo! Group available from the subscribe' tab of www.pqlresearch.com. Yahoo! Groups allow anyone to join or leave (opt-in' and opt-out') PQL Research, at any time and on their own ambition, with a click of the mouse. Subscribers experience about 1 post to the group per day, which they can elect to receive via email or view online at their leisure. Click on this site, it is educational and fun reading. Enjoy!
Posted by fishfarmer on :
Sorry I have not contacted you sooner, but I've just received your email. The ground breaking was this morning at 10 a.m. I have not been informed who the construction general contractor will be. Contact Robert Boothe at 334-493-4545 concerning that information. I received this e-mail at 10:30 am today. Will call Robert Booth for more info.
Posted by Albireo on :
Looks like the profit taking is over.
Posted by fishfarmer on :
PHGI -- Perihelion Global, Inc. Com ($0.001)
COMPANY NEWS AND PRESS RELEASES FROM OTHER SOURCES:
***.com: Prominent State and Local Officials Attend Perihelion Global Biofuel Refinery Groundbreaking
Jan 30, 2007 (M2 PRESSWIRE via COMTEX) -- WILMINGTON, Del. & OPP, Ala - Perihelion Global (OTC: PHGI ) is pleased to announce that on Monday, January 29th, the company successfully broke ground on its first biofuels refinery located in Opp, Alabama. The plant, scheduled to be producing in 2008, is drawing wide support from both state and local officials, as evidenced by the impressive list of guests to the morning event. Representative and Speaker of the Alabama House, Seth Hammett (D), was in attendance and spoke in support of the biofuel refinery. Top Congressional aides from US Representative Terry Everett (R), and US Senator Richard Shelby (R) also voiced support from their respective congressmen. State Senator Jimmy Holley (D) was again able to make the event, and City of Opp Mayor H.D Edgar continued to show great leadership to the local community with his steadfast encouragement and enthusiasm about the project. The Opp City Council, The Covington County Commissioners as well as the Covington County Economic Development Commission were also well represented.
Clearly, there is a growing bipartisan effort to see the Perihelion plant thrive, and the company believes it will achieve similar public support for its future biofuel refineries as well. In a WSFA NBC-12 Interview, CEO John H Beebe commented, "This is the first biofuel refinery and first groundbreaking of what we hope to be many. We plan on coming into this space very strong".
After the initial grading and conditioning of the land, the company will begin visible construction of the warehousing units which will primarily store peanut feedstock. The company expects to be purchasing locally-grown peanuts for storage as early as August 2007.
Posted by fishfarmer on :
quote:Originally posted by fishfarmer: Looks like the profit taking is over.
OOPS!!! Posted by fishfarmer on :
PHGI -- Perihelion Global, Inc. Com ($0.001)
COMPANY NEWS AND PRESS RELEASES FROM OTHER SOURCES:
***.com: Perihelion Global Files Application with US Dept. of Agriculture for BioFuel Refinery Feedstock Storage
Wilmington, Del; Opp, AL, Jan 31, 2007 (M2 PRESSWIRE via COMTEX) -- Perihelion Global (OTC: PHGI) announced that the corporation has filed a Uniform Grain and Rice Storage Agreement (UGRSA) application with the US Dept of Agriculture to enable Perihelion Global to purchase and store feedstock grain supply for its BioFuel Refinery in Opp, Alabama. The applications have been formally filed with the US Dept of Agriculture Commodity Credit Corporation (CCC) Commodity Management Division. The company expects to use 1 ton of feedstock per day to produce 40 Million Gallons of fuel grade BioDiesel annually. Licensure with the US Department of Agriculture will provide Perihelion Global a strategic advantage by allowing the company to buy and store feedstock from the US Department of Agriculture Commodity Credit Corporation in addition to private feedstock producers.
Upon formal approval, Perihelion Global expects to store up to 60 Tons of feedstock supply - primarily peanuts, rapeseed and cotton seed onsite at its Opp, Alabama facility. The land for the feedstock storage facility was provided to Perihelion Global by the City of Opp and will be co-located with the company's BioFuel Refinery in the Opp Industrial Park.
Posted by Albireo on :
Very unusual day indeed.
Posted by BruceB on :
Please tell me someone is playing a real bad joke here. He may call it 'unusual'--I call it horrible Posted by BooDog on :
wowzers.
Posted by fishfarmer on :
PHGI -- Perihelion Global, Inc. Com ($0.001)
COMPANY NEWS AND PRESS RELEASES FROM OTHER SOURCES:
PQL Research: Breakouts, Bottoms, and Between: Amacore Finds Blue Skies
NEW JERSEY, Feb 02, 2007 (M2 PRESSWIRE via COMTEX) -- PQL Research, a smallcap, microcap, and nanocap stock research group, today announced that it has selected Amacore Group (OTCBB: ACGI), Perihelion Global (OTC: PHGI), and US Sustainable Energy Corp (OTC: USSE) as its newest set of highlighted securities. Amacore Group (OTCBB: ACGI)
Amacore traded most of the winter between $.03 and $.05, and recently made an incredible move forward, closing Thursday at $.20, up 33%, on over 608,000 traded shares. In December, the company announced that the Vicis Capital Master fund had expanded its investment in the Amacore Group by purchasing an additional 52.5 shares of the company's convertible preferred stock for $525,000. Late Thursday, the company filed a form 8-K disclosing that Vicis again expanded its investment in Amacore - this time purchasing an additional 75 shares of its 6% Series D Mandatory Convertible Preferred Stock. On January 18th, the stock began to get interest on unusually high volume, and has yet to look back. Amacore owns and operates the largest discount vision network (Eye Care International) in the US, with provider locations nationwide. Amacore has moved over 400% from its trading range, and is currently trading above all known resistance levels. Aggressive traders will surely be watching the progress of this company. For more information about the Eye Care International Vision Plan, visit http://www.ecivisionplan.com.
Perihelion Global (OTC: PHGI)
Perihelion Global has seen a rollercoaster ride since coming onto the scene via a reverse merger in September 2006. With a 6-month chart that has reliable peaks and valleys, Perihelion is now trading just pennies above its 200-day moving average of $.15, to close Thursday at $.17, down 32%, on volume of over 507,000 shares. The company has made a series of press releases involving its biofuel refinery currently under construction in Opp, Alabama, including prominent political figures that attended the groundbreaking late in January. The company also owns a patented gold mine in Box Elder County, Utah, with claimed reserves of $745M. Most recently, the company filed an application with the US Department of Agriculture to enable Perihelion to purchase and store feedstock grain supply. Value traders may be watching this one for a reversal to the upside, as the stock gets nearer to longer term support levels as well as its 52-week low. For more information, visit http://www.perihelion.com. Posted by Chris4205 on :
Perihelion Global Board of Directors Approves Resolution to Reduce Authorized Shares by 98% Market Wire - February 02, 2007 12:07 PM ET
Perihelion Global (PINKSHEETS: PHGI) today announced that its Board of Directors has reached unanimous consent to approve a 98% reduction in the company's authorized shares from approximately 30,000,000,000 to 500,000,000.
The existing authorized share structure was inherited by Perihelion Global from the preceding Vision Works shell that Perihelion acquired via a reverse merger transaction in September 2006. The Board Resolution specifically directs Perihelion Global amend its Articles of Incorporation with the State of Delaware to reflect an authorized share count more aligned with the company's objectives and long-term plans.
"The Board of Directors is pleased to announce a unanimous consent to reduce our authorized shares. The new share structure better reflects who we are and where we are headed as a company and gives our shareholders and the investment community a clear window into our company and our long-term direction. The Board of Directors is committed to a strong share price and we will continue to take actions that build Perihelion Global into a company that is positioned to sustain long-term growth," states John H. Beebe, Chairman, Chief Executive Officer and President of Perihelion Global.
Adds Beebe, "Perihelion Global's future is extremely bright. We had a very successful groundbreaking for our new BioFuel Refinery in Opp, Alabama on Monday. We have tremendous support for this project by Local and State Officials in Alabama. We are moving forward to fully maximize our patented gold mine reserves and expect to have significant revenue from our gold mine this year. We have launched our communications division by adding one of the most powerful licensed radio stations in North America. These are very positive developments for our company and our shareholders."
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: Technology, Energy and Communications.
This press release contains historical information as well as forward-looking statements that are based upon our estimates and anticipation of future events that are subject to certain risks and uncertainties that could cause actual results to vary materially from the expected results described in the forward-looking statements. The words "anticipate," "believe," "estimate," "expect," "hopeful," "intend," "may," "optimistic," "preliminary," "project," "should," "will," and similar expressions are intended to identify these forward-looking statements. There are numerous important factors that could cause our actual results to differ materially from those in the forward-looking statements. Thus, sentences and phrases that we use to convey our view of future events and trends are expressly designated as Forward-Looking Statements as are sections of this news release clearly identified as giving our outlook on future business.
These forward-looking statements are subject to significant risks, assumptions and uncertainties, including, among other things, the following important factors that could affect the actual outcome of future events:
-- General economic conditions, either nationally or in our market area, that are worse than expected;
-- regulatory and legislative actions or decisions that adversely affect our business plans or operations;
-- price competition;
-- inflation and changes in the securities markets that adversely affect the fair value of our operations; and
-- changes in our organization, compensation and benefit plans.
We wish to caution readers not to place undue reliance on any such forward-looking statements, which speak only as of the date made, and wish to advise readers that the factors listed above could affect our financial performance and could cause actual results for future periods to differ materially from any opinions or statements expressed with respect to future periods in any current statements. We do not undertake and specifically decline any obligation to publicly release the result of any revisions that may be made to any forward-looking statements to reflect events or circumstances after the date of such statements or to reflect the occurrence of anticipated or unanticipated events.
Contacts: John H. Beebe Chairman, Chief Executive Officer & President Perihelion Global 866-748-7610 (Toll Free) x 719 john*perihelion.com
Posted by Lockman on :
How do you reduce the amount of shares by 98%?
Posted by fishfarmer on :
Retirement just like me. Posted by Lockman on :
LOL
Posted by fishfarmer on :
********.com: Daily Market Movers Digest Report for Monday, February 5th PGPM, HYRF, SPCK, PHGI, PRVH
Posted by Albireo on :
Perihelion Global Completes Acquisition of Radio Broadcast Stations Thursday February 8, 2:05 pm ET
WILMINGTON, DE and SANTA ROSA BEACH, FL--(MARKET WIRE)--Feb 8, 2007 -- Perihelion Global (Other OTC:PHGI.PK - News) announced that the company has completed the acquisition of licensed broadcast facilities 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. WCMA-AM is one of the most powerful FCC licensed broadcast stations in North America and is licensed by the FCC to broadcast its signal at the maximum power (50,000 watts) allowed AM stations under FCC Regulations. ADVERTISEMENT
"We are pleased to have completed this acquisition. This acquisition continues to increase our company's tangible asset base and will serve to greatly enhance our Communication's Division," stated John H. Beebe, Chairman, Chief Executive Officer and President of Perihelion Global.
Edward Villarreal, Chief Operations Officer of Perihelion Global, states, "We plan to implement exciting new technologies in our broadcast facilities such as HD Radio and others which will enable us to deliver data and other informational services to the public in addition to traditional radio broadcast."
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
Caution Regarding Forward-Looking Statements
This press release contains historical information as well as forward-looking statements that are based upon our estimates and anticipation of future events that are subject to certain risks and uncertainties that could cause actual results to vary materially from the expected results described in the forward-looking statements. The words "anticipate," "believe," "estimate," "expect," "hopeful," "intend," "may," "optimistic," "preliminary," "project," "should," "will," and similar expressions are intended to identify these forward-looking statements. There are numerous important factors that could cause our actual results to differ materially from those in the forward-looking statements. Thus, sentences and phrases that we use to convey our view of future events and trends are expressly designated as Forward-Looking Statements as are sections of this news release clearly identified as giving our outlook on future business.
These forward-looking statements are subject to significant risks, assumptions and uncertainties, including, among other things, the following important factors that could affect the actual outcome of future events:
-- General economic conditions, either nationally or in our market area, that are worse than expected;
-- regulatory and legislative actions or decisions that adversely affect our business plans or operations;
-- price competition;
-- inflation and changes in the securities markets that adversely affect the fair value of our operations; and
-- changes in our organization, compensation and benefit plans.
We wish to caution readers not to place undue reliance on any such forward-looking statements, which speak only as of the date made, and wish to advise readers that the factors listed above could affect our financial performance and could cause actual results for future periods to differ materially from any opinions or statements expressed with respect to future periods in any current statements. We do not undertake and specifically decline any obligation to publicly release the result of any revisions that may be made to any forward-looking statements to reflect events or circumstances after the date of such statements or to reflect the occurrence of anticipated or unanticipated events.
Contact: Contacts: John H. Beebe Chairman, Chief Executive Officer & President Perihelion Global 866-748-7610 (Toll Free) x 719 john*perihelion.com
-------------------------------------------------------------------------------- Source: Perihelion Global
Posted by fishfarmer on :
PHGI -- Perihelion Global, Inc. Com ($0.001)
COMPANY NEWS AND PRESS RELEASES FROM OTHER SOURCES:
Perihelion Global CEO Releases Letter to Shareholders
WILMINGTON, DE and SANTA ROSA BEACH, FL, Feb 13, 2007 (MARKET WIRE via COMTEX) -- Perihelion Global (PINKSHEETS: PHGI) today announced that its Chairman & Chief Executive Officer, John H. Beebe, released a public letter to shareholders. "Dear Fellow Shareholders,
It has been less than four months since we completed our acquisition of Vision Works Media Group, and we're happy to report that our outlook for Perihelion's future is brighter than ever.
Over these first few months, the company has already achieved significant milestones, including the acquisition of our Patented Gold Mine in Box Elder County, Utah. The mine, and the surrounding 800 acres of land which we own the mineral rights to, contain substantial quantities of precious metals. In fact, the gold content alone (approx 1.27 million oz) is valued at over $843 Million USD at today's market prices could potentially be worth over $1 Billion USD this year if several of the analyst forecasts for gold prices come to pass. The Patented Gold Mine is a real, verifiable, and substantial asset of Perihelion Global and its shareholders -- and to help provide better public information and documentation regarding the company's assets and operations, we've begun uploading several key documents to the www.pinksheets.com site under the 'Financial Reports' section for PHGI. We encourage all interested parties to thoroughly review the material, which among other things, establishes the existence and value of the mine, as well as providing further transparency of our transaction with Saturday Night, LLC in acquiring it.
In January, we broke ground on our BioFuel refinery in Opp, Alabama. Over the coming weeks and months, the site should begin to take shape and we expect that our warehousing units will be the first structures to be built. We plan on purchasing peanuts from local farmers, and subsequently storing them on-site, far before the plant is fully operational early in 2008. This will provide an immediate boost to the local economy, and give the company a practical relationship with our farmers well before our first batch of biodiesel is complete. With oil prices again on the rise, we believe our company could be no better positioned in a post-carbon era than by producing up to 40,000,000 gallons of environmentally friendly biodiesel every year. As we've stated from day one, the local support from the City of Opp and the Great State of Alabama has been tremendous, and we appreciate each and every individual who is helping make this project a reality.
Of late, the price of our shares has been under significant pressure, returning to levels not seen since the initial reverse merger with Vision Works was announced. Let me emphatically say, in no uncertain terms, that the company knows of nothing material in its business that would account for such a precipitous decline. None of our management or directors has sold any stock into the market, and we've unanimously agreed to reduce the amount of authorized shares for the company by over 98%. I have invested a large percentage of my personal resources into this company, and currently hold in excess of 52,000,000 restricted shares of stock. I have even moved substantial assets, such as the FCC Licensed Radio Stations, out of my personal ownership and into the ownership of Perihelion shareholders.
Over the last ten trading days, significant volumes of our stock have traded, potentially in excess of what we believe to be our public float. At face value, we feel this is numerically not possible. In addition, we continue to receive reports of unsolicited email campaigns promoting our stock, even though we have not paid for such promotions. Clearly, we are very concerned with what we have seen in our market, and will continue to monitor the situation very closely with our legal counsel, transfer agent, and Executive Management. Both the Board of Directors and Executive Management believe in, and reaffirm desire for, a strong share price. In accordance with this directive, significant tangible assets have been placed into the company to readily support a market capitalization that is far higher than that which is currently reflected in our stock.
We understand the frustrations some shareholders may have and are working diligently to correct any irregularities in our public market. You have our firm resolve and commitment that we will apply every effort to address and remedy any and all irregularities. On behalf of the entire Management Team and Board of Directors of Perihelion Global, we wholeheartedly appreciate the faith and confidence you have in our company. We will continue to do our utmost to reward your faith and trust.
Together, absolutely nothing will stop us from succeeding."
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: Technology, Energy and Communications. Website: www.perihelion.com
Caution Regarding Forward-Looking Statements
This press release contains historical information as well as forward-looking statements that are based upon our estimates and anticipation of future events that are subject to certain risks and uncertainties that could cause actual results to vary materially from the expected results described in the forward-looking statements. The words "anticipate," "believe," "estimate," "expect," "hopeful," "intend," "may," "optimistic," "preliminary," "project," "should," "will," and similar expressions are intended to identify these forward-looking statements. There are numerous important factors that could cause our actual results to differ materially from those in the forward-looking statements. Thus, sentences and phrases that we use to convey our view of future events and trends are expressly designated as Forward-Looking Statements as are sections of this news release clearly identified as giving our outlook on future business.
These forward-looking statements are subject to significant risks, assumptions and uncertainties, including, among other things, the following important factors that could affect the actual outcome of future events:
-- General economic conditions, either nationally or in our market area, that are worse than expected;
-- regulatory and legislative actions or decisions that adversely affect our business plans or operations;
-- price competition;
-- inflation and changes in the securities markets that adversely affect the fair value of our operations; and
-- changes in our organization, compensation and benefit plans.
We wish to caution readers not to place undue reliance on any such forward-looking statements, which speak only as of the date made, and wish to advise readers that the factors listed above could affect our financial performance and could cause actual results for future periods to differ materially from any opinions or statements expressed with respect to future periods in any current statements. We do not undertake and specifically decline any obligation to publicly release the result of any revisions that may be made to any forward-looking statements to reflect events or circumstances after the date of such statements or to reflect the occurrence of anticipated or unanticipated events.
Contacts: John H. Beebe Chairman, Chief Executive Officer & President Perihelion Global 866-748-7610 (Toll Free) x 719 john*perihelion.com
SOURCE: Perihelion Global
CONTACT: mailto:john*perihelion.com
Copyright 2007 Market Wire, All rights reserved.
-0-
SUBJECT CODE: Energy and Utilities:Utilities Telecom:Networking Professional Services:Other Professional Services Media and Entertainment:Information Services
Search for Dun & Bradstreet reports on this company.
Posted by blackflag on :
Stay tuned...this one is just getting ripe.
Posted by fishfarmer on :
PHGI -- Perihelion Global, Inc. Com ($0.001)
COMPANY NEWS AND PRESS RELEASES FROM OTHER SOURCES:
Perihelion Global and City of Opp, Alabama, Sign Formal Agreement Establishing Terms of BioFuel Refinery
WILMINGTON, DE and SANTA ROSA BEACH, FL and OPP, AL, Feb 14, 2007 (MARKET WIRE via COMTEX) -- Perihelion Global (PINKSHEETS: PHGI), a development company with interests in natural resources, alternative energies, and communications, today announced that the company has signed a formal agreement with the City of Opp, Alabama, establishing definitive terms regarding Perihelion's $40M BioFuel refinery to be constructed in the Opp Industrial Park. The agreement, available for public review on the www.pinksheets.com site under 'Financial Reports' for PHGI, outlines a comprehensive set of mutual promises and obligations to be fulfilled by Perihelion and The City of Opp. Under the terms of the agreement, the total acreage available to Perihelion for construction of the plant and its associated structures is approximately 53.7 acres, which Perihelion will lease from Opp at a price of $2,685 per quarter for five years. Perihelion has the option to purchase the property outright for a sum of $53,700 any time within the first five years and lease payments paid by Perihelion will be credited against the purchase price.
Other key representations in the agreement include The City of Opp providing site preparation, grading, drainage on the property and water, sewer, natural gas, and electrical utilities connections up to the property at no charge to Perihelion. As outlined in previous releases, The City of Opp also grants significant tax advantages and abatements to Perihelion.
The company is obligated to complete the BioFuel manufacturing facility within (2) years and employ 20 persons upon completion of the facility. A year thereafter, the company has agreed to employ a minimum of at least 100 persons at an average wage of $14/hour including fringe benefits.
Commenting on the agreement, Perihelion Global Chairman & Chief Executive Officer John H. Beebe stated, "We have reached this point with a focused and collective effort by more than a dozen highly-talented individuals involved in this project. Each and every one of Perihelion's Management and numerous Opp Officials played an important role in creating what we feel will be a lasting and mutually beneficial relationship between Perihelion Global and the City of Opp. We'd like to sincerely thank Opp Mayor H.D. Edgar, Covington County, the State of Alabama, and the hundreds of people we met at our initial press conference and groundbreaking ceremony. We are inspired by your faith and readiness to begin this journey, and we are committed to work side-by-side with you as a model for positive change in our world."
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: Technology, Energy and Communications.
quote:Originally posted by blackflag: Stay tuned...this one is just getting ripe.
Yup looks like they gonna let her run.
Posted by fishfarmer on :
Good accumalation today, look for a gap tomorrow.
Posted by fishfarmer on :
Gap on the bid! Could be another good day.
Posted by fishfarmer on :
rong L2 boys and girls! Posted by fishfarmer on :
Strong Posted by fishfarmer on :
Look for a spike before close. Posted by fishfarmer on :
Another good day yesterday with a 14.28% gain. Watch this one closely.
Posted by fishfarmer on :
PHGI -- Perihelion Global, Inc. Com ($0.001)
COMPANY NEWS AND PRESS RELEASES FROM OTHER SOURCES:
Perihelion Global Retains Former United States Attorney David L. McGee of Beggs & Lane, LLP
WILMINGTON, DE, SANTA ROSA BEACH, FL and OPP, AL, Feb 16, 2007 (MARKET WIRE via COMTEX) -- Perihelion Global (PINKSHEETS: PHGI) announced today that the company has retained former United States Attorney David L. McGee, a partner with Beggs & Lane, LLP in Pensacola, Florida as a member of Perihelion's legal team. Beggs & Lane, LLP is Florida's oldest law firm. David L. McGee served as First Assistant U.S. Attorney, Northern District of Florida, from 1991-1996. Mr. McGee also served as Lead Attorney, Organized Crime Task Force ("Strike Force") for the United States Justice Department from 1983-1991. Previously, Mr. McGee served in the State Attorney in Florida.
Mr. McGee's primary areas of practice are: Securities Litigation; White Collar Crime and Commercial Litigation. Mr. McGee is a member of the Escambia-Santa Rosa, Federal and American Bar Associations.
"Without question, David L. McGee's experience, knowledge and counsel will be a tremendous resource for our company," states John H. Beebe, Chairman, Chief Executive Officer & President. Adds Beebe, "Our company is growing rapidly and our future is extremely bright. Mr. McGee brings a proven track record of service to the United States, and we're pleased that he has decided to work with Perihelion to continue protecting the interests of our shareholders."
Burr & Forman, Perihelion Global's current legal counsel will also continue legal representation of the company.
Posted by fishfarmer on :
The bid is inching up but nobody is selling. Posted by fishfarmer on :
PHGI -- Perihelion Global, Inc. Com ($0.001)
COMPANY NEWS AND PRESS RELEASES FROM OTHER SOURCES:
Perihelion Global and W.R. Taylor & Company, LLC Sign US $24 Million Bond-Financing Agreement for BioFuel Refinery
WILMINGTON, DE and SANTA ROSA BEACH, FL and MONTGOMERY, AL, Feb 22, 2007 (MARKET WIRE via COMTEX) -- Perihelion Global (PINKSHEETS: PHGI), a development company with interests in natural resources, alternative energies, and advanced communications, today announced that the company has signed a US $24,000,000.00 bond-financing agreement with Investment Bank W.R. Taylor & Company, LLC (Member NASD; SIPC) to provide financing for Perihelion's BioFuel Refinery currently under construction in Opp, Alabama. 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. W.R. Taylor & Company, LLC will underwrite the bonds, market the bonds to additional institutional investors and finalize the closing and disbursement of the bond proceeds to Perihelion Global. Additional terms and conditions of the agreement were not disclosed.
Perihelion Global Chairman, Chief Executive Officer and President John H. Beebe stated, "We are pleased to have reached an agreement with W.R. Taylor & Company who have an exceptional track record and are widely respected in the financial community." Adds Beebe, "Today's agreement brings our project a very crucial step forward in becoming a reality."
Jason Grubbs, Managing Director of Corporate Finance for W.R. Taylor & Company, stated, "We are pleased Perihelion has selected W.R. Taylor & Company to manage and underwrite a $24,000,000 bond issue to finance the Opp, Alabama bio-diesel production facility. 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."
Brian Charlesworth, Sr. Vice President of Strategic Business Development for Perihelion Global, stated, "We are excited about the levels of support our Opp, Alabama BioFuel Refinery is generating and are pleased W.R. Taylor & Company has chosen to partner with us to help enable its completion."
About W.R. Taylor & Company, LLC
W. R. Taylor & Company's investment banking division has developed specialized expertise in identifying environmentally related expenditures associated with industrial and commercial processing facilities that may qualify for tax-exempt industrial revenue bond financing. By virtue of its knowledge in the corporate finance markets, W. R. Taylor & Company has become a leader in providing bond financing services to agri-businesses and middle market industries.
As an investment banking boutique dedicated to the Industrial Revenue Bond and Note market, W. R. Taylor & Company specializes in developing transactions with capital requirements ranging from $1 million to $100 million.
For more information, visit: http://www.wrtayco.com/ Huge accumalation today. This is one you can flip or hold long. I've flipped in the .40 range 4 times already and plan to do it again soon. Posted by fishfarmer on :
Anyone here have info about Gov. grants for the bio-fuel plant or is that just a rumour? I have a long time friend who lives in Opp and he tells me thats the word on the street.
Posted by fishfarmer on :
Just fed "The Goat" 2mil shares of WNSH at .15. Posted by dough boy on :
What is the goat?
Posted by fishfarmer on :
Before the reverse split it was VMDG. Some of us called it V-very M-mean D-devil G-goat and had a few laughs. It jumped the fence one morning and impregnated my german shepard.
Posted by fishfarmer on :
Good volume at the ask. Building again. Posted by fishfarmer on :
(financialwire.net via COMTEX) -- March 7, 2007 (FinancialWire) Perihelion Global (OTC: PHGI) has filed mining claims on an additional 60 acres of land surrounding the company's patent claim #5797 located in Box Elder County, Utah.
The 60 acres of claims have been accepted and filed with the US Department of Interior BLM and recorded in Box Elder County, Utah. The claim has been assayed in separate geological reports to have 1,277,950 oz of gold deposits, currently worth more than $823 million.
The 60 acres are in addition to the 800 acres of mining claims the company successfully filed for in November 2006 that surround it.
Perihelion Global focuses on the acquisition, development and management of technologies and strategic commodity reserves in the energy, natural resource and advanced communications markets.
Its on sale boys and girls!
Posted by fishfarmer on :
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Home >> Quotes & News >> News >> PHGI
-------------------------------------------------------------------------------- QUOTE NEWS CHARTS COMPANY INFO FINANCIAL REPORTS SEC FILINGS
PHGI -- Perihelion Global, Inc. Com ($0.001) COMPANY NEWS AND PRESS RELEASES FROM OTHER SOURCES:
Perihelion Global Acquires 251 Acre Parcel From Meridian Land and Minerals, LLC Near Company's Patented Gold Mine
WILMINGTON, DE and SALT LAKE CITY, UT, Mar 20, 2007 (MARKET WIRE via COMTEX) -- Perihelion Global (PINKSHEETS: PHGI), a development company with interests in natural resources, alternative energies, and advanced communications, announced that the corporation has acquired 251 acres of land, including mineral rights, from Meridian Land and Minerals, LLC located near the company's Patent Claim #5797 located in Box Elder County, Utah. The 251 acre parcel is located approximately 1.5 miles from the company's Patent Claim # 5797 and has active rail service, electricity, and water. Patent Claim #5797 has been assayed in separate geological reports to have 1,277,950 oz of Gold deposits, currently worth in excess of $745 Million USD ($745,000,000.00). "This parcel of land will allow us a tremendous amount of flexibility in our operations," stated John H. Beebe, Chairman, Chief Executive Officer and President of Perihelion Global. "The 251 acre Meridian Parcel has existing rail service, electrical power, and water on site, and multiplies our available options for extracting and transporting gold and other precious metals and minerals."
The 251 acre Meridian Parcel is in addition to 900 acres of mining claims the company successfully filed for in November 2006 and March 2007 that surround Patent Claim #5797. The Meridian Parcel, Patent Claim # 5797 and the surrounding claims on 900 acres are 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. Financial consideration to Meridian Land and Minerals, LLC for the 251 acre parcel will consist of a cash down payment, a promissory note payable over 5 years and restricted stock. The transaction is expected to close within the next 14 days and will give Perihelion Global direct ownership or control of mineral rights on over 1,200 + acres in the Lucin Mining District in Nevada and Utah. Investors will be provided documentation on this transaction on both the http://www.pinksheets.com site and Perihelion's website.
Beebe also gave a second update on the status of the mining permit filed previously. Stated Beebe, "We recently received notice from the State of Utah, Division of Oil, Gas & Mining regarding items in our mining permit that the State requested further clarification on. We have provided the State written clarification on the items requested and anticipate that our mining permit will be granted approval without any further delays."
About Perihelion Global:
Perihelion Global focuses on the acquisition, development and management of technologies and strategic commodity reserves in the energy, natural resource and advanced communications markets. Perihelion's management team specializes in providing solutions for the strategic challenges of 21st Century in environments that are mission critical in the global marketplace. For more information, visit: www.perihelion.com
Caution Regarding Forward-Looking Statements
This press release contains historical information as well as forward-looking statements that are based upon our estimates and anticipation of future events that are subject to certain risks and uncertainties that could cause actual results to vary materially from the expected results described in the forward-looking statements. The words "anticipate," "believe," "estimate," "expect," "hopeful," "intend," "may," "optimistic," "preliminary," "project," "should," "will," and similar expressions are intended to identify these forward-looking statements. There are numerous important factors that could cause our actual results to differ materially from those in the forward-looking statements. Thus, sentences and phrases that we use to convey our view of future events and trends are expressly designated as Forward-Looking Statements as are sections of this news release clearly identified as giving our outlook on future business.
These forward-looking statements are subject to significant risks, assumptions and uncertainties, including, among other things, the following important factors that could affect the actual outcome of future events:
-- General economic conditions, either nationally or in our market area, that are worse than expected; -- regulatory and legislative actions or decisions that adversely affect our business plans or operations; -- price competition; -- inflation and changes in the securities markets that adversely affect the fair value of our operations; and -- changes in our organization, compensation and benefit plans.
We wish to caution readers not to place undue reliance on any such forward-looking statements, which speak only as of the date made, and wish to advise readers that the factors listed above could affect our financial performance and could cause actual results for future periods to differ materially from any opinions or statements expressed with respect to future periods in any current statements. We do not undertake and specifically decline any obligation to publicly release the result of any revisions that may be made to any forward-looking statements to reflect events or circumstances after the date of such statements or to reflect the occurrence of anticipated or unanticipated events.
Contacts: John H. Beebe Chairman, Chief Executive Officer & President Perihelion Global 866-748-7610 (Toll Free) x 719 john*perihelion.com
SOURCE: Perihelion Global
CONTACT: mailto:john*perihelion.com
Copyright 2007 Market Wire, All rights reserved.
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SUBJECT CODE: Manufacturing and Production:Mining and Metals
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All information contained herein is provided "as is." Pink Sheets LLC makes no representation or warranty, expressed or implied, as to the accuracy, timeliness, or completeness of the information provided herein. Neither Pink Sheets LLC, nor its directors, officers, employees, or third party data suppliers, shall bear any responsibility or liability to verify the information and/or its source or for the use, misuse, or inability to use the information provided. None of the foregoing parties shall be liable to any third-party claims or losses of any nature. Accordingly, investors should not use this information as the basis for making an investment decision. Please see Risk Warning and Terms of Service for more information.
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Home >> Quotes & News >> News >> PHGI
-------------------------------------------------------------------------------- QUOTE NEWS CHARTS COMPANY INFO FINANCIAL REPORTS SEC FILINGS
PHGI -- Perihelion Global, Inc. Com ($0.001) COMPANY NEWS AND PRESS RELEASES FROM OTHER SOURCES:
Perihelion Global Board of Directors Approves Resolution to Reduce Authorized Shares by an Additional 50%
WILMINGTON, DE and SANTA ROSA BEACH, FL, Mar 21, 2007 (MARKET WIRE via COMTEX) -- Perihelion Global (PINKSHEETS: PHGI), a development company with interests in natural resources, alternative energies, and advanced communications, today announced that its Board of Directors has reached unanimous consent to approve an additional 50% reduction in the company's authorized shares from approximately 500,000,000 to 250,000,000. The most recent reduction follows the company's earlier reduction in February, and has now reduced the company's authorized shares by over 99.2% from the previous capital structure inherited from Perihelion's predecessor company.
Perihelion Global is committed to advancing its business goals with minimal dilution to shareholders. To date, an overwhelming majority of the transactions the company has executed have been financed with cash and restricted common stock. In some instances, like the Bond Financing Agreement with WR Taylor & Company, Perihelion Global has been able to find solutions that are both non-dilutive and of high-value to shareholders.
Commenting on the latest board resolution, Chairman, Chief Executive Officer & President John H. Beebe stated, "We have had some time to thoroughly examine our capital structure against our current and future projects, and felt that our earlier reduction in our authorized shares still did not completely bring us to appropriate levels in accordance with our objectives. The company exists for one reason, and for one reason alone, and that is to create a stable income-generating haven whereby investors in our company can participate and profit in sectors we feel will be vital to the economic stability of both our country and the rest of the world." Adds Beebe, "The company is not contemplating a reverse split and our management and directors have restricted stock which cannot be sold into the market. We are growing rapidly and will do everything in our power to make the growth our company as smooth as possible for our fellow shareholders. For us there is no option but success. The Board of Directors and Management Team greatly appreciate the continued support from our shareholders."
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: Technology, Energy and Communications.
This press release contains historical information as well as forward-looking statements that are based upon our estimates and anticipation of future events that are subject to certain risks and uncertainties that could cause actual results to vary materially from the expected results described in the forward-looking statements. The words "anticipate," "believe," "estimate," "expect," "hopeful," "intend," "may," "optimistic," "preliminary," "project," "should," "will," and similar expressions are intended to identify these forward-looking statements. There are numerous important factors that could cause our actual results to differ materially from those in the forward-looking statements. Thus, sentences and phrases that we use to convey our view of future events and trends are expressly designated as Forward-Looking Statements as are sections of this news release clearly identified as giving our outlook on future business.
These forward-looking statements are subject to significant risks, assumptions and uncertainties, including, among other things, the following important factors that could affect the actual outcome of future events:
-- General economic conditions, either nationally or in our market area, that are worse than expected;
-- regulatory and legislative actions or decisions that adversely affect our business plans or operations;
-- price competition;
-- inflation and changes in the securities markets that adversely affect the fair value of our operations; and
-- changes in our organization, compensation and benefit plans.
We wish to caution readers not to place undue reliance on any such forward-looking statements, which speak only as of the date made, and wish to advise readers that the factors listed above could affect our financial performance and could cause actual results for future periods to differ materially from any opinions or statements expressed with respect to future periods in any current statements. We do not undertake and specifically decline any obligation to publicly release the result of any revisions that may be made to any forward-looking statements to reflect events or circumstances after the date of such statements or to reflect the occurrence of anticipated or unanticipated events.
Contact: John H. Beebe Chairman, Chief Executive Officer & President Perihelion Global 866-748-7610 (Toll Free) x 719 john*perihelion.com
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All information contained herein is provided "as is." Pink Sheets LLC makes no representation or warranty, expressed or implied, as to the accuracy, timeliness, or completeness of the information provided herein. Neither Pink Sheets LLC, nor its directors, officers, employees, or third party data suppliers, shall bear any responsibility or liability to verify the information and/or its source or for the use, misuse, or inability to use the information provided. None of the foregoing parties shall be liable to any third-party claims or losses of any nature. Accordingly, investors should not use this information as the basis for making an investment decision. Please see Risk Warning and Terms of Service for more information.
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