the_worm06

Thoughts, Comments and Research on Publicly Traded Companies and Internet Stock Message Boards

Thursday, September 06, 2007

[PHGI]: But how many common shares did they sell into the market?

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Today, the CEO of Perihelion Global Inc., announced that four PHGI Officers and Directors purchased 1.1 million PHGI common shares in the market during the period August 1 to Sept. 5, 2007, or approximately $20,000 worth of common stock.

What the CEO fails to mention is how many PHGI common shares were sold into the market by the same four Officers and Directors during the same period, in addition to detailing the stock sales/buys of several other Officers and Directors which were not mentioned in the announcement.

Why was this information not included in the announcment by PHGI?

Could it be that more shares were sold than purchsed in the market by these individuals and the others not mentioned?

here is the announcement:


http://pinksheets.com/otciq/ajax/showFinancialReportById?id=11824




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