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Same. Patience, information, and cautious optimism.
I got your point. Mine was a joke though... The PHIL club. Very Exclusive.
I've also referred to the PHIL board as our dysfunctional family, but I'm aware we're not actual family. Maybe. Since I don't know real names, lol...
All good.
What are you talking about we are a group investment club right here! ;)
I for one don't want to be in a group investment club
2020 10k was filed, bringing us 1 step closer to current status ;)
I'm sorry. Did Henry not mention something about a diamond exchange in development?
...and a fund with huge commitments?
Still a risk. Still many moving parts.
..but are the odds somehow no longer in our favor?
Well something has changed.
1 less audited filing now before current!
Right on. But tbh if KaChing or Djk go stockrockin on us too we're doomed.
Lol.
Well now this has to be the best post of the day.
Lol...true
I remember dips from .0001 to .000095, lol... this is not a big deal.
Thanks to our "patient investment community" ;)
Other initiatives in fintech and crypto areas may accelerate pace of expansion
ADE task force, sounds good.
It won't be the first time.
Henry Potter will defeat Voldemort.
Life's too short. KaChing should start enjoying life now by selling us some 2's! lol
I remember seeing talk of a buyback...maybe that will happen first.
That goes for almost everything. Look at the audit for example. But the odds look to be in our favor :)
I've got a GTC @1.99 just in case I'm not paying attention that day, lol.
We are all awed by the day trading prowess on display here...as if we don't have day trading friends on here that are actually helpful and not jackasses.
Obviously trolling and best to ignore.
He just posted here for the first time yesterday. Troll vibe, imo.
Oh yeah. What happened to Scapes?
I could make that for you, easy... ;)
WEDNESDAY 6/23
$PHIL Dear Valued current shareholders and potential shareholders, we want to let you know that PHIL will be featured in the Emerging Growth Conference on Wed, 6/23/21 at 12:30 pm EST. We hope you can join us! Please sign up here to view :https://t.co/eLpAnDmuM9. God bless!
— PHI GROUP INC (@PHIGROUP) June 18, 2021
lol... OG Phil.
Mid day dip? if you could call it that, and now suddenly day high .0179
Friendly reminder for new $PHIL investors.
The window of opportunity to get in at these prices is shrinking.
1. FYI Schwab allows no fee trades of PHIL, but takes 3 business days for funds to clear.
2. Our ticker is PHIL, not PHIG.
3. There is alot of dd information to sort through that has been verified in various ways by various people. Check it out and ask any questions as most here are helpful, you should quickly get a sense of who is reliable with solid information.
4. Upcoming catalysts are the reason for urgency here. 2020K could be filed literally any day now, speculation is today/tomorrow after market hours...this will be followed by 2021Q's to achieve current status. Timeframe on the Q's unknown but likely no more than 2-3 weeks after K and likely all at once. Some speculation though of a much shorter time window.
Information speculated to be revealed in the filings includes new revenue sources and buyback info. which will undoubtedly immediately impact the s/p. The frequency of CEO Henry's conference calls, PRs, and project development news and updates should then increase after that.
5. According to the CEO there will be an "international press conference" about the Asia Diamond Exchange following current filing status, currently expected in July.
6. To hear directly from the CEO Henry, he will be presenting virtually at the Emerging Growth Conference June 23 - follow this link for more info -
$PHIL Dear Valued current shareholders and potential shareholders, we want to let you know that PHIL will be featured in the Emerging Growth Conference on Wed, 6/23/21 at 12:30 pm EST. We hope you can join us! Please sign up here to view :https://t.co/eLpAnDmuM9. God bless!
— PHI GROUP INC (@PHIGROUP) June 18, 2021
$PHIL Upcoming Catalysts
Upcoming Catalyst #1- Current filing status.
$PHIL Dear Valued Shareholders, our auditor is still working on the annual audit for FY ended Jun'20. It will be filed as soon as it is finished. Quarterly reports for 2021 will follow, and I look forward to holding a conference call to discuss many exciting things. God Bless!
— PHI GROUP INC (@PHIGROUP) June 4, 2021
Is this going to hold through the presentation Wednesday?
Steve???? I thought your name was KaChing for real, lol...
Spent my last $100 on 7k shares @.0139
Small fry, lol.. but that's in my hold-for-over-a-dollar account.
Upcoming Catalyst #3 - Asia Diamond Exchange
Along with the establishment of PHILUX Global Funds, since March 2018 the Company has worked closely with the Authority of Chu Lai Open Economic Zone and the Provincial Government of Quang Nam, Vietnam to develop the Asia Diamond Exchange. Quang Nam Provincial Government has agreed to allocate over 200 hectares in the sanctioned Free-Trade Zone near Chu Lai Airport, Nui Thanh District, Quang Nam Province in Central Vietnam for us to set up a multi-commodities center which would include the Asia Diamond Exchange. However, a better opportunity arose with the start of construction of the new international airport in Long Thanh District, Dong Nai Province near Ho Chi Minh City in Southern Vietnam. In December 2020, the Vietnamese central government designated 1,200 hectares of land in Bau Can village, Long Thanh District, Dong Nai Province as a new industrial zone. We have applied for 600 hectares close to the Long Thanh International Airport to develop Long Thanh Multi-Commodities Logistics Center (LMLC) which will house the Asia Diamond Exchange, the proposed International Financial Center and an Urban Area, among other things.
https://sec.report/Document/0001493152-21-005812/
From cc presentation--
ACTION PLAN AND TIMELINE
Phase 1: Site preparation for the Chu Lai Multi-Commodities Center(CMC)
Phase 2: Initiate administrative and construction activities:
?Set up temporary offices in 2021
?Construct Diamond Bourse Building by 2022
?Establish financial facilitating network in 2021
?Start the CMCC and ADE trading in 2022
?Automate the one-stop set-up and registration process in 2022
Phase 3: Expansion of construction and development:
?Construct manufacturing buildings for cutting and polishing in 2022
?Continue development of the rest of CMCC after DMCC model
Also - presentation slides- https://investorshub.advfn.com/boards/read_msg.aspx?message_id=164363238
Upcoming Catalyst #2 - BUYBACK
WHEREAS, in light of the adverse effects due to the prevalent coronavirus pandemic as well as the Company’s current corporate priorities, its Board of Directors has determined that it is in the best interests of the Company and its shareholders to further extend the Common Stock repurchase period to June 30, 2021.
BE IT RESOLVED, that the Corporation is authorized to repurchase its own shares of common stock from the open market from time to time in accordance with the terms mentioned below:
1. Purpose of Repurchase: To enhance future shareholder returns.
2. Details of Repurchase:
a. Class of shares to be repurchased: Common Stock of PHI Group, Inc.
b. Total number of repurchasable shares: Up to 15 billion shares, or more as may be needed.
c. Total repurchase amount: To be determined by prevalent market prices at times of transaction.
d. Methods of repurchase: Open market purchase and/or negotiated transactions.
e. Repurchase period: As soon as possible until June 30, 2021.
f.
The Company intends to fund the proposed share repurchase program with the proceeds from the disposal of a portion of certain non-core assets and from anticipated revenues of the Company.
g.
The share repurchase program will be in full compliance with state and federal laws and certain covenants with the Company’s note-holders.
https://sec.report/Document/0001493152-20-024430/
Upcoming Catalyst #1- Current filing status.
$PHIL Dear Valued Shareholders, our auditor is still working on the annual audit for FY ended Jun'20. It will be filed as soon as it is finished. Quarterly reports for 2021 will follow, and I look forward to holding a conference call to discuss many exciting things. God Bless!
— PHI GROUP INC (@PHIGROUP) June 4, 2021
$PHIL Upcoming Catalysts
Upcoming Catalyst #1- Current filing status.
$PHIL Dear Valued Shareholders, our auditor is still working on the annual audit for FY ended Jun'20. It will be filed as soon as it is finished. Quarterly reports for 2021 will follow, and I look forward to holding a conference call to discuss many exciting things. God Bless!
— PHI GROUP INC (@PHIGROUP) June 4, 2021
Nice. This may be the first time I've seen ADE mentioned in a news article outside of a PR.
Correct.
b. Total number of repurchasable shares: Up to 15 billion shares, or more as may be needed.
c. Total repurchase amount: To be determined by prevalent market prices at times of transaction.
d. Methods of repurchase: Open market purchase and/or negotiated transactions.
e. Repurchase period: As soon as possible until June 30, 2021.
https://sec.report/Document/0001493152-20-024430/
That's what I do, but 3 days, what's different?
Agreed for large buys, but I've been buying smaller amounts each week as the pps has been going up since December, where the fee is too high a proportion of the buy for me.
You're right though the math is on our side, I'm being way too much of a tightwad on principle. Lol..