the_worm06

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

Wednesday, March 12, 2008

[PHGI]: The wonderful biodiesel feedstock press release

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Scam company Perihelion Global, Inc. (PHGI) issues a press release to announce that it purchased a significant amount of feedstock for its biodiesel plant that has not been constructed yet and that it was financed with the issuance of common stock: PHGI feedstock press release. PHGI's stock price has been trading at all time lows recently.


Yet an analysis by top cybersleuth "avdave" shows that the amount that was purchased was less than 2 days worth of feedstock: avdave's feedstock analysis.




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