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Perihelion Global (PINKSHEETS: PHGI)(March 13, 2008), a development company with interests in natural resources, alternative energies, and advanced communications, yesterday announced that management has approved a multimedia-based shareholder conference to update shareholders and the investment community at-large with current developments regarding Perihelion's businesses.
The conference will feature an overview of Perihelion's business plan from CEO John H. Beebe, including updates on Perihelion's Phase One Refinery in Opp, Alabama, its FCC radio properties, and its patented mine on the Utah/Nevada border. After the Company's remarks, shareholders will be allowed to participate in the call through an open question and answer session with Perihelion management. Management members joining Mr. Beebe on the conference will be Ed Villarreal, Chief Operations Officer, Michael Varley, Executive Vice President, Lynn Bartholomew, Senior Vice President, and Bill Roncali of Perihelion's Biofuel Division. Registration for the event will be required and registration information will be provided in a subsequent release and on the Perihelion website when it becomes available. It is anticipated that the shareholder conference will be scheduled within the next 45 calendar days.
The Company also wishes to notify investors that it has successfully received delivery of the initial feedstock order from Griffin Industries, totaling 24 tons. The Company expects to make additional purchases with Griffin over the short term, and is committed to securing an appropriate supply of feedstock to allow for consistent BioDiesel production. With crude oil prices reaching a record $110/barrel Wednesday, the Company understands the urgency to bring new domestic fuel sources online is greater than ever. With the Phase One Refinery expected to yield initial batches of BioDiesel before the end of the current calendar month, Perihelion is well positioned to establish itself as both an economically viable and environmentally responsible member of American Energy industry.
About Perihelion Global:
Perihelion Global focuses on the acquisition, development and management of technologies, strategic commodity reserves and assets in the energy, natural resource and communications markets. Perihelion's management team specializes in providing solutions for the strategic challenges of 21st Century. We lead with decades of experience in environments that are mission critical in today's global marketplace: Technology, Energy and Communications.
Website: http://www.perihelionglobal.com
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Unico, Incorporated (OTCBB: UCOI)(March 13, 2008), a natural resource company in the precious metals mining sector, announced yesterday recent progress of reconstruction work and additional equipment testing at the mill and processing facility at the Deer Trail Mine in Marysvale, Utah.
A new multimedia gallery, including photographs and video showing the reconstruction work, is expected to be added to the Media section of the Unico website, http://www.unicomining.com, in the next several days.
After additional testing of the Gallagher floatation cells in the main mill building, work has been completed to replace the bearings and cooling fans on three of the electrical motors and the bearings on one agitator.
During the testing of the Denver floatation cells, it was determined that the air supply piping had deteriorated over time and would need to be replaced. The new piping has been delivered and is currently being installed. The testing also determined that the electrical motor on one of the agitators was faulty, and it has been replaced with a new premium efficient WEG motor.
Piping for the re-cycled water circuit in the existing mill building has been completed, and the recycled water will be used as make-up water throughout the facility. Testing of the recycled water circuit is scheduled to begin within the week.
During testing of the feeder belts on the fine ore bins, it was determined that new idlers were necessary. The new idlers have now been delivered and installed. Testing also determined that the speed of the ball mill feed conveyor's were running too fast and would have resulted in extreme belt wear. Additional gear reducers were installed to reduce the speed of the feed conveyors. The upgraded system now allows for more control over the feed to the ball mill, which will assist in processing different types of ore.
With the additional start-up testing of equipment in the main mill building, the electrical circuits have been tested and minor corrections are currently being made.
The previously used balls for the ball mill were sorted for size, and the smallest, which were deemed inadequate, were rejected, as they would have hampered the grind kinetics. Balls that meet specifications were installed in the mill. An additional four tons of four-inch balls are needed for operation of the ball mill to begin and are being ordered for delivery to the site. Additional ball mill testing was conducted, and it was found that the parameters for the new electric motor had to be adjusted by Energy Management Corporation (http://www.emcsolutions.com/), from which the motor was purchased. All costs for re-adjustment are covered under warranty and will be conducted by Energy Management Corporation at no cost to Deer Trail Mining Company. The readjustment is scheduled to coincide with the installation of a newly acquired electrical panel this week.
Two additional large storage tanks were installed in the main mill building, in order to provide the facility with overflow flotation concentrate capacity, and will allow the company to run the filter vacuum pump on an intermittent basis for further conservation of energy. The tanks have been successfully tested for leaks and are ready for operation.
"It has been several weeks since our last news release related to the reconstruction work and equipment start-up testing at the mill and processing facility at the Deer Trail Mine. Since additional work has been completed, we wanted to update shareholders on our progress at the site," stated Mark A. Lopez, chief executive officer of Unico, Inc. "The adjustments that have been made in the main mill building as a result of start-up testing will contribute to more efficient and effective operations once processing operations are initiated. We expect to have additional updates on work completed in the new mill building in the coming days." Shareholders who would like to sign up to receive information by email directly from Unico, Inc., including when newsletters are issued and posted to the company website, are asked to visit the company's website at http://www.unicomining.com/IR/mailinglist.php and fill in the appropriate fields.
About Unico, Inc.
Unico, Inc. (OTCBB: UCOI) is a publicly traded natural resource company in the precious metals mining sector that is focused on the exploration, development and production of gold, silver, lead, zinc, and copper concentrates at its three mine properties: the Deer Trail Mine, the Bromide Basin Mine and the Silver Bell Mine. The company has also announced agreements to acquire over 70 additional mining claims. In August 2007, Unico announced that its wholly owned Deer Trail Mining Company subsidiary had completed the purchase of the Deer Trail Mine from Crown Mines, LLC. For more information, please visit www.unicomining.com.
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Mezey Howarth Racing Stables, Inc. (OTCBB: MZYH)(March 13, 2008) announced its mare Forget You was bred to Suances (GB). Forget You will be checked in 2 weeks to confirm that she is in foal.
Suances (GB) retired with eight wins, a third, and a fourth in 12 starts in Spain, France, and the U.S., earning $402,559 and gaining championship laurels in France. In his Bay Meadows victory he posted a 105 Beyer while beating millionaires Sarafin and The Tin Man and graded stakes winner Decarchy. Suances' first crop are 2 year olds that will be racing in the next few months.
"We decided to go with an unknown sire but whose breeding and record were that of a champion," said President Paul Howarth. "Although currently a new sire his race record is impressive especially considering his career was cut short because of injury. Based off his bloodline and abbreviated career we feel the stable is getting a tremendous value on the stud fee cost of a new sire. The ability to take advantage of a potential leading sire early in their sire career could be a tremendous opportunity for the stable." Suances (GB) is a son of champion racehorse Most Welcome (GB), a grandson of Northern Dancer who is little known in the United States but is a major sire in Europe, where his offspring include champions in eight different countries. In North America, his runners include graded stakes winners Eccentric, Prize Giving, and Call Me.
About Mezey Howarth Racing Stables
Mezey Howarth Racing Stables, Inc. (OTCBB: MZYH) is a thoroughbred racing company that extends the benefit of ownership to all shareholders. Mezey Howarth Racing Stables acquires and maintains a stable of racehorses adequate to compete in the upper echelons of the thoroughbred horse racing industry. The Company acquires, owns, manages, trains, and races thoroughbred racing prospects. Mezey Howarth Racing Stables works with only the finest trainers, jockeys, veterinarians, blacksmiths, and other service providers, to ensure that our horses are afforded every opportunity to excel. Mezey Howarth Racing Stables relies on the highest standards of ethics and does not cut corners, and believes that luck in this industry comes only through preparation, hard work, patience, and the professional management of our horses. For more information, please visit www.mezeyhowarth.com
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