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[QUOTE]Originally posted by fishfarmer: [QB] 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 [URL=http://www.pinksheets.com]www.pinksheets.com[/URL] 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: [URL=http://www.perihelion.com]www.perihelion.com[/URL] 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. [/QB][/QUOTE]
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