Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
If anyone is willing to pay for Smet historical info, here you go:
https://en.datocapital.com/buy_Ben-C.-Smet_6LU.html
I haven't found any connection linking him to Dubai.
Is this verified?
Ben Smet is the man responsible for putting together the Dubai Diamond Exchange!
Once current status is achieved at some point after the Q's, opening trading platforms like Fidelity should be a catalyst on it's own as well.
I don't see it, maybe someone smarter than me can tell me where to look. https://www.zacks.com/stock/quote/PHIL?q=Phil
Unless I really am supposed to be looking at zacHs.com, but I can't seem to get that site to work.
What's the expression? Christmas in July?
$PHIL We filed Form 10-K/A to recognize Net Other Income of $539,402 instead of Net Other Expenses of $316,330 for FY ended June '20, resulting in net loss of $1,321,805 vs. previously reported of $2,177,536. We will file Q's ASAP in coming weeks and have a conference call. GB!
$PHIL We filed Form 10-K/A to recognize Net Other Income of $539,402 instead of Net Other Expenses of $316,330 for FY ended June '20, resulting in net loss of $1,321,805 vs. previously reported of $2,177,536. We will file Q's ASAP in coming weeks and have a conference call. GB!
— PHI GROUP INC (@PHIGROUP) June 30, 2021
That press conference should be a thing of absolute beauty ;)
Djk probably already knows but won't say lol
Facts says new expectation up 20,000% by Friday, please share on Stocktwits lol
(This is a joke don't anybody do it)
I hope the International Press Conference officially announcing the Asia Diamond Exchange is delayed since it'll definitely cause the share price to take a major hit, lol.
One of my unfounded expectations is that we'll see some new PR's after current announcing new Lux fund partners in the different compartments.
After achieving the major catalyst of getting current after 3 years wait and which opens up trading platforms like Fidelity we expect to see a dump?
If the revenue speculated to fund the buyback isn't in the filing, yet buyback itself is announced, why in the world would s/p decline based on investor sentiment??? Do think a buyback of, say, 15-20B shares won't drive new volume?
I don't see it.
I don't think so. IMO sentiment will be focused on buyback #'s, Lux fund projects and ADE PR's.
These milestones will validate Henry's work over the last several years.
So many more will want in if it plays out like we expect.
I suppose at least this confirms for us that Vinafilms does have revenue to report, for any doubters.
Haha... I can one up you on that. I got 1000 for $8.50. LOL..
I just bought 1000 shares for $8.50 lol... my hold for $1 account ;)
The lure of becoming a thousandaire is hard to resist to be fair.
APR isn't even a separate company with shares issued yet. Who bought PHIL for the APR dividend anyway?
BTW, if APR is active and carries any kind of value, why can't we seem to find any relevant dd on it outside of what's been shared already?
Henry is playing this one close to the vest for sure.
Seems you are correct.
PHIL Regarding the change in the APR dividend ratio, it is necessary due to pending transactions, a more realistic capital structure and anticipated value of the APR shares, which should make more sense for our shareholders and all stakeholders. Think strategically. God Bless!
$PHIL Regarding the change in the APR dividend ratio, it is necessary due to pending transactions, a more realistic capital structure and anticipated value of the APR shares, which should make more sense for our shareholders and all stakeholders. Think strategically. God Bless!
— PHI GROUP INC (@PHIGROUP) June 28, 2021
...and if we really want to parse words. The prior filings re: buyback stated up to 15B or more as may be needed.
Seems like that's what some are confusing.
That's actually a good simple clarification.
I suppose that's one way to be strategic, but I wouldn't count on it.
I wonder if it came down to an either-or, what would be more desireable?
25B shares bought back instead of 15B?
Or 20:1 APR dividend shares of unknown value.
Is it just me? Because I'll take the greatest possible buyback all day long.
It's the end date of a PERIOD OF TIME. In other words, Henry was legally allowed to engage in buyback through negotiated transactions ever since the first buyback PERIOD was announced, and THROUGH a certain end date. Now the end date is later. To me this means more time to buy back...how is that bad?
It doesn't START on 12/31/21. It now ENDS on 12/31/21.
...further extend the Common Stock repurchase period to December 31, 2021
Think strategically.
5000 APR shares for every 10m PHIL shares held on 12/31/21.
The value of the APR shares will have to factor into each person's decision to hold or sell their PHIL shares through December even if we start realizing the pps targets that have been thrown out on the board.
.25 sell or hold for APR?
.50 sell or hold for APR?
PAPER????? sell or hold for APR?
Now I'm curious about APR again.
Yes, also if you want to take advantage of that new dividend ratio, must remember you must have those shares on the record date. Meaning you have to hold as much as possible through December if you think the APR shares will be valuable.
Just remember there are many more reading and not commenting that benefit from your perspective which in turn benefits all of us. I don't have to tell you most appreciate it ;)
Appreciate it. Also doesn't sound negative at all. All true. The reduction of o/s anyway will be what matters.
Thanks, so that can be and could likely be done.
That was my thought, but what then stops a company from just issuing more shares again? Is there generally a point where the company reduces the A/S as well?
Is this a stupid question?
What happens to the A/S after the O/S is reduced through buyback?
Lol. So much fun here
Think it's volatile now? Just wait until current is achieved.
Not to mention new info revealed in the Q's.
Should be fun.
Not new, but exciting nonetheless, and consistent in plan details and enthusiasm.
Not too much longer now it seems and when current no one will even remember being mad at Henry lol..
Everything you say sounds true. :)
I don't know...the Asia Diamond Exchange is pretty exciting news to me ;)
Agreed. Ka ching has been very consistent with the optimism here for the 3 years I've been here, which carried through the darker days of month over month of stagnant .0001's.