[PHGI]: Perihelion Global, Inc.'s fully diluted common shares outstanding increases to 310 million shares

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As per the two PHGI press releases dated Oct. 2 and 3, 2007 and linked below


Common Shares Outstanding = 97.5 million

Common shares resulting from conversion of Preferred B shares = 5.0 million

Common shares resulting from conversion of Preferred C shares = 207.0 million

therefore

Fully Diluted Common Shares Outstanding as of October 3, 2007 = 310 million*


http://www.marketwire.com/mw/release.do?id=777132&sourceType=1


http://www.marketwire.com/mw/release.do?id=774659&sourceType=1




*note: Provided there are no outstanding warrants, options or convertible notes. Otherwise the fully diluted common shares outstanding would be much greater than 310 million shares.





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