PHGI -Perihelion Global, Inc. Message Board

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Technology Stocks : PHGI -Perihelion Global, Inc.

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From: creede	11/21/2005 12:51:08 PM
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Just got off the phone with Mark. To his credit, he let me say all the things we have been wanting to say. I told him that somehow I had become a liaison between the company and the investing public and I owed it to both to be direct and honest about why, in our opinion, the share price was so low. He said he thought that it was because the market was so slow right now. I told him that was not the real problem. I told him the real problem was that the investors we really want to buy VWKM - the long term investor with deep pockets - would not touch it with a ten foot pole because the rate of dilution indicates we will have a float of over 1bil by early next year. I then told him I knew we sold 120 mil shares the other day for about 36k. I told him that was a shame because if HISC did the same thing they would have about 7 million and not have to sell again for another year or two. I told him that we had over come the "scam fear" by hard work and DD but I needed some help from management to get past the real and daunting R/S fear. I told him VWKM was poised to make a huge run IF management would stop the dilution and give us RT-L2 quotes so that we could ALL keep a watch on the MM's. I told him if they did that and bought back some shares, that we could build some major equity in the stock and a little dilution later down the line(like HISC) would be no problem. I told him that I was as bullish as they come on VWKM, but I honestly would not buy another share unless something was done....and if I wouldn't then who would? He said that he would take all this into consideration and probably give pinksheets a call very soon. He also eluded other future news that is in the works. I really didn't want to hear any of it because my stand on VWKM is "hold" until I see that management is going to protect out equity and work with us to get to a respectable shareprice. Guess we shall see... GodBless-ND cris

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