the_worm06

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

Sunday, February 17, 2008

[PHGI]: the_worm06 AGAIN lowers stock price prediction on Perihelion Global, Inc.

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the_worm06 is now lowering the stock price prediction for PHGI from $0.0005/share

to

$0.0001/share



the initial stock price prediction of $0.001/share was made on July 14, 2007 with the stock closing at $0.024/share on the previous day:

http://theworm06.blogspot.com/2007/07/phgi-research-initiated-on-perihelion.html



then the stock price prediction was lowered by the_worm06 to $0.0005/share on Sept 28, 2007:

http://theworm06.blogspot.com/2007/09/phgi-theworm06-lowers-stock-price.html




(note: Stock price of PHGI closed at $0.0013/share Friday, February 15, 2008- a 95% drop from the date in which the initial stock price prediction was made by the_worm06)





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3 Comments:

Anonymous Anonymous said...

Mr. Worm:

I wonder if the wheels are starting to come off at PHGI. The TV station it "owns," WKNI, started running a message, scrolling at the top of the screen, that says "Eddie's Back and he is going to do his show again," or words to that effect.

Now stay with me, Eddie used to do a TV show in Andalusia, 15 miles from the biodiesel plant in Opp, where he skewered the local politicians and even got the County Sheriff defeated in the last election. He also blew the whistle on corporate scams in the area. Problem was that he couldn't make any money at this 'cause he was to "controversial" and nobody would buy ads on the station. A local restaurant even put a sign on the door saying "Eddie Knight is not welcome in this restruant."

Now comes along White Knight Beebe to take Eddie away from all this hate and Beebe even put Eddie on the beach and paid him a slaary to hang out at the beach. Sweet deal for Eddie. I thinks this is so Beebe could put out a press release that says "Hey! PHGI has a TV station! We is the real deal! Buy more shares!"

Okay, now Eddie is apparently coming back to Andalusia from the beach and also at the same time, "Sweet Pea" and the other Eddie clones have stopped posting over at IHUB.

So, here is the questions:
1. Is the honeymoon over between Beebe and Eddie?
2. What is the status of PHGI's ownershiop of WKNI TV?
3. Have all the paid shills now run away with bad egg on their face what with the new info about the increase in the shares outstanding in PHGI?
4. Is the Opp "1st Phase" just window dressing? There was a story in this past Sundays Montgomery Advertiser that said the City of Montgomery was going around to all the fast food restruants and getting their used cooking oil. From the story: "That oil is taken to the plant, which is next to Garrett Coliseum, where the impurities are removed. An ingredient called B100 biodiesel is created, and then added to the city's diesel fuel supply at the landfill."

The point is that "biodiesel" is not brain surgery nand Beebe has to have a "plant" up and running or he breaches his agreement with the City of Opp and loses the land, which is choice real estate. He got that land for 50,000, but it is probably worth 10 times that.

6:56 AM  
Anonymous Anonymous said...

Here is the 2 Advertiser stories:


February 19, 2008
Biodiesel plant saves cash, environment

By Jill Nolin
jnolin@gannett.com




A new alternative fuel plant is enabling the city of Montgomery to save money while helping to protect the environment.

The Center for Alternative Fuels Biodiesel Production Facility on Federal Drive officially opened Tuesday, but the city has been using the plant for about three weeks.

The city is collecting used cooking oil from 13 Montgomery restaurants and recycling it to be used to supplement the city's diesel fuel supply, according to Jeff Downes, an aide to Mayor Bobby Bright.

Even as a pilot program -- currently, the biodiesel product only is being used in city vehicles at the landfill -- the plant is expected to save the city about $100,000 a year, Downes said.

"The financial savings is just one piece of this," Downes said.

The program lessens the amount of used cooking oil that is being dumped at the city landfill. Downes said he also hopes the program will encourage other municipalities to reduce their dependence on foreign oil.

Here's how it works: The city's sanitation workers pick up the used oil from the participating restaurants, which include six local KFCs, Nancy Paterson's Bistro and the Destin Connection, to name a few.

That oil is taken to the plant, which is next to Garrett Coliseum, where the impurities are removed. An ingredient called B100 biodiesel is created, and then added to the city's diesel fuel supply at the landfill.

Downes said the city hopes to expand the program as the system becomes more efficient.
==========

February 19, 2008
Biodiesel production facility opens



Montgomery Mayor Bobby Bright and Agriculture and Industries Commissioner Ron Sparks have announced the opening of the newly constructed Center for Alternative Fuels biodiesel production facility.

The facility is located next to the Garrett Coliseum on the grounds of the state Farmer’s Market Complex.

Thirteen local restaurants will provide the feed stock for the biodiesel production.

Mayor Bright and Commissioner Sparks cut the ribbon for the facility at noon and they will host tours of the facility during the afternoon that show how cooking oil is converted to fuel that can be used by vehicles.

“I can think of no better way to help clean our environment and fuel our trucks and heavy equipment at the same time,” said Sparks. “Our ability to make biodiesel right here in Montgomery is a significant step towards keeping our landfills and sewer systems free of used cooking oils and protecting our energy security.”

"The United States must reduce its dependence on foreign oil," said Mayor Bright. "What better way can we do this than supplement the city’s fuel supply with waste products from our city’s restaurants that were originally supplied by Alabama’s agriculture industry.”

--- Posted by Gary E. Maitland

6:57 AM  
Anonymous Anonymous said...

More on Eddie Knight:
http://www.andalusiastarnews.com/articles/2006/05/02/news/801news.txt

Local TV personality charged
By Sophia Ruffin

Two Covington County businessmen have sworn out warrants against each other for harassment following an altercation Tuesday morning.

According to Andalusia Police Chief Wilbur Williams, at approximately 11:20 a.m. on Tuesday, officers with the Andalusia Police Department responded to an altercation at WKNI studios located at 1035 East Three Notch involving WKNI’s Eddie Lewis, aka Eddie Knight, and Preston Boutwell. Boutwell is the owner of the Opp Exxon station on East Cummings Avenue.

Chief Williams said he was on the phone with Lewis at the time of the initial incident. Chief Williams said Lewis had contacted him requesting additional information on the fatal wreck that occurred near Johnson Park on Monday.

“During our conversation, I heard loud noise and shouting in the background,” Chief Williams said. “Lewis stated that I should send some police officers to the studio immediately, then the phone went dead.”

Chief Williams said he called the police dispatch officer to send officers to investigate the incident at WKNI Studios. Once the officers arrived on the scene, they found that Lewis had apparently gotten into an altercation with Boutwell, Williams said.

“Apparently, Boutwell came to WKNI studios demanding owed money for previous business he has had with Lewis,” Williams said.

Chief Williams said after the incident occurred, Boutwell came to the court magistrate officer to initiate a complaint against Lewis. When Lewis heard of the complaint, he turned himself in to local police, was arrested, and released on $500 bond.

Lewis then filed a similar complaint against Boutwell.

The incident is under investigation by Andalusia Police Department, Williams said.

Chief Williams said no arrests when police responded to the incident because both parties suffered injuries. He said Boutwell suffered minor injuries to his forehead, and Lewis, after complaining of chest pains, was transported to Andalusia Regional Hospital.

“It’s typical for the police not to arrest anyone when an incident involves more than a two people who have suffered injuries,” Chief Williams said. “We just recommend they seek medical attention, then we follow up on the case.”

While the men filed harassment charges against each other, Williams said he believed the incident was a classic case of assault.

The charges were misdemeanors.

4:30 PM  

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