Thank god I did not stay in this and grabbed my itty bitty profit and left LONG AGO. Are you still in this?
I hate to say it, but PHGI is now at .0001
<<Also, 'There is a very infamous guy who was banned as a NASD trader suddenly popping up "predicting" your stock will go to .0001 a share".
Really? I wonder how he plans on accomplishing that? Through legitimate means somehow, and not illegal manipulation I hope.>>
We know who the 'infamous guy' is obviously and you know my disdain for this individual. However, after watching the PHGI saga unfold, I can honestly say that in my opinion the CEO of PHGI is anything but honest. In my opinion he is a crook who knew exactly what he was doing and the plan is going exactly as he intended. You know how I feel about this 'infamous guy'. I think he has serious issues, likely geting more serious and should probably check himself in to a mental facility.
But, I can also say the the CEO of PHGI should probably join him and I hope he has his own issues to deal with as I do think that PHGI is nothing but a scam.
Stock is now at .0001, down from where? I think .50? After reading some of the boards I see that Mr. Transparency has been anything but transparent......I will only say after not watching this stock for a while and now catching up on it is a bit shocking to see everything that has occured and I feel deeply saddened for those that basically lost 100% on this turd.
I note the CEO's comments concerning mr. infamous and his .0001 prediction and note the CEO's comments and have to question why JB and his oh so powerful attornies have not taken legal action against those he repeatedly claims is harming the company? My opinion is that the CEO himself has harmed this company more then anybody and has failed in a bigtime way....My guess is he is making and will continue to make plenty of moola on this, while any retail investor see's only huge losses......This is what has been happening so I would expect it to continue if the company is not shut down and in my personal opinion, I would really like for the authorities to take a long hard close up look at the ceo of this company, but we all know this is very rare in the pinks....these scammy ceo's can pretty much do anything they want and have very little to fear as far as the authorities go......
I notice a PR today mentioning they have received a TEMPORARY PERMIT to BEGIN TESTING. Yet back in December this snippet was in a pr release
<<
reuters.com
"To the best of the company's knowledge, Perihelion has now completed the permitting process.">>
To the best of their knowledge??LOL..they must not be very knowledgable considering almost 5 months after they say they have COMPLETED the permit process, they are now saying they were JUST issued a TEMPORARY permit for testing only.....In persuing the boards I see quite a bit of leather the ceo is eating....seems most every word he spoke as he hyped this TURD has now been proven to be pure crap...lies and smokescreens......It really is shocking to go back and see everything this CEO said and pr'd and now see that 99% of it was pure lies or deceit.......
I myself owe the CEO many thanks however. It was his lies and actions that caused me to sell. Lying to me on the phone, posting on public message boards attacking people and creating multiple boards for him to spread his gospel.....was all I needed to see to sell when I did......so, many thanks to you JB as your lies and scammy actions yelled SELL so loud I did listen and I did sell, and I did avoid the near total loss every shareholder has incurred.....I truly wish the best for the longs in this stock, but I feel it is only going to get uglier and I doubt investors will ever recoup their near 100% loss so I will now hope that at the very least the CEO is held accountable........In my opinion, the SEC either needs to change and enforce the rules since it is known most pinks are scams and the ceo's get rich as the retail investor gets reamed and this has been going on for far too long with the same CEO's repeating their many scams....this is becoming a major problem...the SEC needs to STOP this..they need to alter the rules and hold pinks accountable, espcially the ceo's and promoters that put out all of the lies and deceit....or they just need to eliminate this market all together. And why not do that? The SEC will claim that is not fair to the small start up that wishes to be public.....yet most of these companies are scams and if they really want a market for real start-ups with a legitimate business than change the freakin rules, get rid of the scams, get some honesty in to this part of the market and hold pinks MORE ACCOUNTABLE then big board stocks....Legitimate start-ups will have no problem with this because they are legitimate while the scams will have to face the fact that any funny biz and they WILL end up behind bars where all crooks should be.......But, I know the SEC will never stop these crooked penny stocks and their scammy ceo's so I say get rid of penny stocks all together...if the SEC cannot enforce things and 99% or scams meant to gamble on only, then GET RID OF IT...we already have gambling and we do not need this in our equity markets....I fail to understand why they will beetch slap big board companies and their ceos, but do nothing to the real crooks running these penny stock scam companies........I am shocked to see PHGI at .0001, but not really surprised as that is where oh so many pinks end up at...why would phgi be any different?They have proven they are not different and just as scammy as any pink I have seen.....Good luck to those still in this turd....... |
