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Technology Stocks : PHGI -Perihelion Global, Inc. -- Ignore unavailable to you. Want to Upgrade?

To: ofalltheginjoints who wrote (259)	11/3/2005 8:45:42 AM
From: ofalltheginjoints	Respond to of 827

Previous post was to list in general. Not a reply.eom

To: ofalltheginjoints who wrote (259)	11/3/2005 9:17:30 AM
From: creede	Respond to of 827

I posted this on IHUB and want to see what you guys think: IMVHO, what we have here is a revenue sucking machine. Can you imagine what the monthly burn rate is? We have to pay for these things: Salaries: Astrom, Erikson, Shah, Juan(New York), others? Rent/Utilities: Office in Orlando, FL Advertising/PR's DVD's/Stationary/ETC FCC fees Lawyers Loan payments(hopefully not since so much stock has been sold) Income: Local Advertising rates(Not much) I have been thinking about what you said about the dilution being "violent". Apparently, they have no choice. They have to pay all the above things just to stay in the game another month. Also, I think if Mark's last name was "Moody" the buying pressure would have been much higher in the beginning, and therefore the company could sell less stock to get adequate funding. If you were Mark what would you do at this point? Did you know that HISC sold 100 million shares at an average price of .07(guess)? That's 7 million dollars. Know what 100 million shares sold get us? 30k...probably about the monthly burn rate. Do you see the problem? VWKM has to dilute to stay alive, but dilution keeps away new investors. I don't like it either, but I'm just trying to give my honest opinion of what is going on. Wonder what HISC is going to do if they spend all the 7 mill. before they reach profitability... GodBless-NoDoubt cris Gin-thank you for the kind words...this stock has taken a toll on me, but I know it's going to make me stronger one way or another...Funny, I told my wife last night that this stock is like dating a girl with a bad reputation. When she breaks your heart everyone tells you that you knew better.