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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 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. :) [/QB][/QUOTE]
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