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[ProfitChaser]

PHIL accumulating this one around the 02 area. Bought some 018. Near 52wk low and QB. Very low SS and nice forward events coming around the corner. (see below) .Little early but Impact date getting closer.

PHIL Security Details
Share Structure

Authorized Shares
300,000,000
a/o Mar 01, 2017

Outstanding Shares
15,838,595
a/o May 22, 2017

Float
8,140,264
a/o Mar 01, 2017


From 8K out on June 30th 2017


Item 1.01. Entry Into a Material Definitive Agreement.
 
On June 29, 2017, PHI Group, Inc. (the “Company”) entered into a “Contract for Transfer of Shares” (“Contract”) to purchase 51% of equity ownership in Constructii SA, (“CSA”), a Romanian company engaged in construction and manufacturing since 1950, from Ioan Tusinean, the majority shareholder of CSA, in exchange for fifteen million U.S. dollars in cash. The first closing of this transaction is scheduled to occur within a maximum of sixty days from the date of signing of the Contract and the final closing to occur thirty days after the first closing. Subject to mutual written consent of the Company and the selling shareholder of CSA, the final closing may occur at other times.
 
The foregoing description of the Contract for Transfer of Shares by and between the Company and the selling shareholder of Constructii SA is qualified in its entirety by reference to the full text of said Contract, which is filed as Exhibit 10.1 to this Current Report on Form 8-K and incorporated herein by reference.

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=12154622