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Etrade allows PHIL trades but charges a fee per trade.
Schwab no fee but 3 business days for transferred funds to clear.
I have both ;)
Schwab will let you trade PHIL agreed.
$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
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
The few ticks difference won't matter when the pps jumps after catalysts if holding long, imo.
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...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. 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 s/p ranged between .20 and $1 in 2016 just 5 years ago without the catalystswe have now...
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=162022216
Well isn't that the bait & switch. Hopefully not too expensive & there is some other worthwhile info.
I don't presume to speak for anyone else, but pretty confident in saying everyone here appreciates you and your efforts, thx. :)
Haha, you are a witty one ;)
That's how you spend Sunday, lol.
Here's the DnB link, if anyone is a paid member we might be able to see more info. https://www.dnb.com/business-directory/company-profiles.glink_apps_vietnam_joint_stock_company.94006187354a4a8aed35cfd008c6f466.html
Remember according to the PR, Glink Apps International acquired Glink Apps Vietnam JSC.
Not that any of this matters in the big picture of Buyback and ADE. IMO, but this is an interesting layer that has been discussed alot on the board.
Agreed. And for new investors who don't get too deep into the dd weeds, PHILUX Global Funds and Asia Diamond Exchange offer an impactful statement.
If I were coming to this new, the first thing I would do would be to google those 2 names. Post press conference when information has been made public and ground has been broken, what kind of info will google return?
Just think about the snowball effect of that alone.
It's good marketing to name-drop the PHILUX Global Funds and Asia Diamond Exchange names wherever they will be shared and re-shared.
Also very simply and quickly establishes the primary focus of the company in a reader's mind.
Once the press conference is held that Henry expects, I'm sure there will be more information that can be searched and found internationally re: the fund and ADE that will help this all to grow exponentially.
Smart move for the PRs and Twitter bio.
I like the updated description in PR's:
PHI Group, Inc. (www.phiglobal.com, PHIL), a company primarily focused on running PHILUX Global Funds, a group of Luxembourg bank funds organized as “Reserved Alternative Investment Fund” (“RAIF”), and building the Asia Diamond Exchange (“ADE”) in Vietnam,
Are we on a slow mid day climb or am I seeing things?
Fair point. The EGC wasn't officially acknowledged until now.
Has anyone else noticed how good the words Asia Diamond Exchange look in print?
Beautiful, every time I see it :)
News we already knew apparently.
I'm a flipper too. I'm going to flip .001 to 1.00 lol...
Now we just need to find out Henry's ADE partner from Dubai ;)
Well done. Thank you
Well done
All available APR related documentation was shared yesterday, but at this point IMO it doesn't matter. Current status, buyback, and ADE are the new immediate focus.
Let me ask you chart guys a question, since I know nothing about reading charts. Once buyback is officially recognized, or any other major catalyst for that matter, won't that render current trending obsolete?
How do the charts account for a disruptive catalyst?
There are potentially so many layers. Although for me it's become very simple = current filing status + buyback. That alone should establish a new s/p level base from which we either grow or decline.
The initial question of whether PHIL/Henry is credible has been answered satisfactorily at this point by sufficient verifiable dd.
I do believe current status will be achieved, and that buyback amounts will be revealed and shares retired. When and where the share price lands is the only major unknown at this point IMO.
AFTER that, all the other stuff becomes layered in, and at this point I have no concern re: past failures or disappointments.
There IS an energy compartment after all. :)
Sorry you couldn't get that 1 more share for an even 225, lol...
This is old. Aquarius no longer in business.
https://opencorporates.com/companies/us_tx/0801507886
Can we verify any EXISTING projects and revenue outside of their own website and PRs? It looks like David is a self promotion machine imo.
But I have to admit the Picasso ownership claim has me questioning their credibility.
From the FY2019 10K
As of June 30, 2019, the Company only recorded $462,000 paid for this transaction as expenses for research and development in connection with the Granite Mining Claims project. The value of these mining claims is expected to be adjusted later after a new valuation of these mining assets is conducted by an independent third-party valuator.
https://www.sec.gov/Archives/edgar/data/704172/000149315217010305/ex10-1.htm
I believe the registration statement has yet to be filed, so I expect we'll see a delay in the record date.
Thanks for sharing, I didn't realize APR ever reported earnings from gold extraction.
I'm not aware of an actual valuation document or even any evidence of extraction of precious metals from the claims sites.
As I said I don't know current status, but very interested to find out.
Are you thinking of this? Or have you also seen it elsewhere.
C. According to past independent valuation studies of the Acquired Assets, the estimated value of the valuable precious metals that can be recovered from the Acquired Assets, based on current market prices, would be approximately three billion U.S. dollars;
https://www.sec.gov/Archives/edgar/data/704172/000149315217010305/ex10-1.htm
Statement of the APR claims valuation estimate. But I'm not aware of the current status.
C. According to past independent valuation studies of the Acquired Assets, the estimated value of the valuable precious metals that can be recovered from the Acquired Assets, based on current market prices, would be approximately three billion U.S. dollars;
https://www.sec.gov/Archives/edgar/data/704172/000149315217010305/ex10-1.htm
The mining claims are real, but I haven'tseen evidence of any kind of valuation or activity. Here is one of the claims - https://thediggings.com/mines/ormc174410
Total 16 claims, 12 Active - https://thediggings.com/owners/2423592
Haha! Did you do this? $PHIL death metal! \m/\m/
Too funny!
I've got 1 million for sale @ $1.99, GTC in case, you know, I'm not paying attention when it hits! Lol
I'm 450k shares past my promise to myself not to buy any more shares, lol...
Small amounts every week or so since February... AND I CAN'T HELP IT...this needs to get to a share price I can't afford or I'll go broke, lol...
Funny I picked up 50k shares at open @.01 and of course we're down below 01 the rest of the day... lol, happens everytime, I jinx it. :P