PHI Inc. (fka PHIIQ)

[Renee]

PHIIQ BK PLAN effective. All shares cancelled:

https://otce.finra.org/otce/dailyList?viewType=Deletions

[Meangene818]

It’s done, stick a fork in it

[First Crown Research]

sorry gents, had to short this again, that rally was unnecessary and the plan came the equity's getting nothing

[First Crown Research]

Why'd this rally so much? Plan came out on April 1st, common gets nothing

[keekee]

49000 shares now and 900 of the voting. I need a lot of luck but confident for $2-$3 here. Thanks

[keekee]

Congrats. I am holding 45000 now. Bought 19000 just this am....at $0.53, $0.50 and $0.47. Good job. Now my turn. Must sell above $2 or never. $473 million equity....and all tangible!!!

[First Crown Research]

closed out my short from 1.60, added to 1.10 , wrapped it up in the .60's

GL Keekee you're ship now. onto the next one for me

[Renee]

PHIIK changed to PHIIQ (and non-voting stock to PHIKQ), bankruptcy. Delisted from the Nasdaq to the OTC:

https://otce.finra.org/otce/dailyList?viewType=Additions

[First Crown Research]

i added to my short at 1.10 ... solid day for me, think its steak tonight haha

[keekee]

All in. Got 21500 now $0.839 avg. We will see in coming days and weeks. I went all cash last week to wait for today.

[First Crown Research]

ya you're right in virtually all situations the holders of the debt get the new shares and the existing shareholders get wiped out

[keekee]

Nope. They hardly appeal as it really doesn't matter. After reorganization holders get new shares in the new company. It happens in virtually all situations.

[First Crown Research]

Co's decision to not appeal delisting is a blatant concession by them that the equity will get nothing. The CEO did a number on the other shareholders. Wouldn't have money long this stock if it was the only public company in the world

[keekee]

I think this will run very hard after Tuesday. Notice that the voting stocks has barely been sold in volume...like really no one has sold it in terms of volume percentage. And surprisingly the shorts on the voting has not started covering. I am overstretched elsewhere but I still have some from $1.2s avg. was hoping to add if and when it goes under $1.

[First Crown Research]

god this game is so easy

[keekee]

Bought 3500 at $1.13. Bidding for 6000 at $1.08. Praying that it fills.

[keekee]

I'm waiting to buy then. It will still trade above $2...not a single doubt. Been watching it since they filed and waiting for it to come as low as possible. Don't underrate pennystock pumpers...look at SHLDQ from $0.14 to $2.50 and the rest of them. Huge inherent value don't just diappear in reorg. You do realize that an insignificant number of shares have traded on the voting shares even though the public owns some 25% on those. There is about half a billion of AOL with a good percentage of those in cash. I will hope it come to $1 and play it with $10k and see how it goes.

[First Crown Research]

anyone who says "the book value is" should be banned immediately. I can already hear the penny stock pumpers coming once this thing goes sub $1

[First Crown Research]

down she goes

[Short-Hunter]

Take a look @ AFH...i loaded huge last friday clise to the low...gonna hang on to it for a bit because i think theres a nice run comming...still early in the cycle.

[Short-Hunter]

Boy these phii shorts are way to predictable
Bought close to the low today and sold close to the high and looking to reload again at a certain price point.

[Money4Life2018]

Support level is in. Looking great today!

[Money4Life2018]

Looks like another bounce is in bound in my opinion

[Money4Life2018]

I did at 1.87

[Short-Hunter]

Still @ 450 %....thinking about jumping back in now with my profits from yesterday.

[Money4Life2018]

What’s the current short interest/percentage?

[Money4Life2018]

Good time to load in my opinion since it’s at the reoccurring support level.

Do your DD here

[Money4Life2018]

Looking good for a build back north

[Short-Hunter]

Dropped to 450%...they have alot more $$ they will be sending my way.

[Money4Life2018]

What’s the short narrow rate at now I wonder?

[Short-Hunter]

Now if i could only get that pesky little hedge fund that messing with my penny play over @ N.C.A.P it would be a great week..bit their well on their way to cooperaring.

Im play them all profit looks the same reguardless of the exchange.

[Short-Hunter]

Lets give Tim S a big ty for staying on management's a$$

[Money4Life2018]

Ditto! Pretty exciting!

[Short-Hunter]

Im thinking the bond issue is on the way to being cleared and we have a transfer of wealth from the shorts pocket to mine

[Money4Life2018]

Boom baby!!!

[Money4Life2018]

This thing is primed to be a massive rocket if the waves settle in shareholders favor.... going to be intense over the next week I’m thinking

[Short-Hunter]

Short borrow rate now 500%

[Curt D]

On another note....around $1.80 is a double bottom. Maybe a bounce from there.

[Money4Life2018]

$phiik interesting read

Seems undervalued, all in my opinion of course. Do your own DD

“The investor group further concludes that the break-up value of the company is over $1 billion or over $28 per share in equity value.”

https://globenewswire.com/news-release/2018/08/23/1555702/0/en/Major-PHI-Inc-Shareholder-Group-Files-13D-with-the-SEC-Calls-on-Company-to-Explore-Strategic-Alternatives.html

$celz $dirv $cveo $vrus $insy

[Short-Hunter]

The borrow rate is now up to 450%

[Money4Life2018]

Could very well be insane!

[Short-Hunter]

Things are comming down to the wire...ive got a 100k shares saying they get the bond issues cleared up in the shareholders favor.

Its going to be one hell of a squeeze the is current borrow rate to short is 350%

[Money4Life2018]

Higher lows building nice small steps up for now

[ollik78]

looks very strong ...
will be an nice day tomorrow

[ollik78]

Power Hour let us close over 4 ...

[Curt D]

WOW! Must have a small float the way it moves!

[ollik78]

Me 2.93 ...
Great

[Curt D]

Just saw this on my scanner. Jumped in at 3.19.

[ollik78]

What happen here ...
Nice Move, will it going over 5 tomorrow

[Money4Life2018]

Looking good for that build back up to 3.85+ in my opinion!