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Let's just hope we see some action now.. No time to let off the gas pedal.
$PHIL ~ FIRST-EVER VIETNAM-RELATED LUXEMBOURG BANK FUND LAUNCHED
GlobeNewswire•June 12, 2020
New York, June 12, 2020 (GLOBE NEWSWIRE) -- PHI Luxembourg Development S.A., a Luxembourg-based subsidiary of PHI Group, Inc., (www.phiglobal.com, OTC Markets: PHIL), announced today that it has successfully activated the first-ever Luxembourg bank fund for the Vietnamese economy, PHILUX Global Funds (www.philux.eu), a Reserved Alternative Investment Fund (RAIF).
PHILUX Global Funds plans to create a number of subfund compartments over a period of time for investments in real estate, renewable energy, agriculture, healthcare and education in Vietnam. Initially, the fund intends to focus on the development of the Free-Trade Zone in the Chu Lai Open Economic Zone in Quang Nam Province, which will house the Chu Lai Multiple Commodities Center (CMCC) and the Asia Diamond Exchange (ADE), the first-ever rough diamond exchange to be established in the Asian Hemisphere comparable to the Antwerp (Belgium) and Dubai (UAE) exchanges.
The Company would like to take this opportunity to thank Dr. Ben C. Smet - our fund structuring agent and global program manager, Messrs. Pierre Delandmeter and Yannick Deschamps of DLP Law Firm – our Fund attorneys, VCI Legal – our Vietnamese Attorneys, Hauck & Aufhauser – our custodian bank and alternative Investment Fund Manager (AIFM), Atoz Tax Advisers Luxembourg – our Luxembourg tax adviser, Ernest Young Luxembourg and Ernest Young Vietnam – our auditors, Cushman Wakefield Vietnam – our Vietnam independent valuator, PHILUX Capital Advisors, Inc. – our investment adviser and particularly The Luxembourg Financial Sector Supervisory Commission (CSSF), as well as our other committed friends and colleagues for their dedication, diligence, patience and support in the successful establishment and activation of our PHILUX Global Funds.
Henry Fahman, Chairman of PHILUX Global Funds, stated: “We are very pleased to have reached this significant milestone in activating the first-ever Vietnam-related Luxembourg bank fund. Not only will Vietnam stand to benefit tremendously following the secular trend after the global coronavirus disruptions, but this will also provide excellent investment opportunities in our fund compartments as we undertake major initiatives that should bring rewards for our investors.”
Ben Smet, the fund structuring agent, commented: “With great pride, I can announce the finalization and activation of PHILUX Global Funds. I thank Henry Fahman for his trust and confidence in me and my legal and negotiation teams. I look forward to continuing to cooperate successfully and in friendship with the authorities and government bodies in the Chu Lai Open Economic Zone, the Chairman of Quang Nam Province and his staff, as well as the Central Government in Hanoi to contribute to the well being of Vietnam. Vietnam is the gem of professionalism and beauty amongst all states and governments I have ever assisted.”
About PHI Group, Inc.
PHI Group (www.phiglobal.com), (www.phiglobal.com, OTC Markets: PHIL), primarily focuses on mergers and acquisitions and invests in select industries and special situations that may substantially enhance shareholder value. In addition, the Company’s wholly-owned subsidiary, PHILUX Capital Advisors, Inc. (www.philuxcap.com) provides M&A consulting services and assists companies to go public and access international capital markets and will serve as the investment adviser to PHILUX Global Funds.
About PHILUX Global Funds
PHILUX Global Funds is a Reserved Alternative Invest Fund (RAIF), a Luxembourg bank fund to hold several compartments over time for investment in real estate, renewable energy, agriculture, multiple commodities, etc. (www.philux.eu). PHILUX Global Funds also intends to focus on the development of a Free-Trade Zone in the Chu Lai Open Economic Zone in Quang Nam Province, Vietnam which will house the Chu Lai Multiple Commodities Center (CMCC) and the Asia Diamond Exchange (ADE), the first-ever rough diamond exchange to be established in the Asian Hemisphere.
Safe Harbor Act and Forward-looking Statements
This news release contains “forward-looking statements” pursuant to the “safe-harbor” provisions of the Private Securities Litigation Reform Act of 1995. “Forward-looking statements” describe future expectations, plans, results, or strategies and are generally preceded by words such as “may,” “future,” “plan” or “planned,” “will” or “should,” “expected,” “anticipates,” “draft,” “eventually” or “projected,” which are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements as a result of various factors.
Contact:
PHI Group, Inc. +1-702-475-5430
info@phiglobal.com
https://finance.yahoo.com/news/first-ever-vietnam-related-luxembourg-130010909.html
from.c.c..??? ..didn't Henry say fund activation .. filings and another c.c?
I guess so .. but still should be trading stronger jmho..
actually surprised not more volume here.. This is a major Press release.. FIRST-EVER VIETNAM-RELATED LUXEMBOURG BANK FUND LAUNCHED
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June 12, 2020 09:00 ET | Source: PHI Group, Inc.
New York, June 12, 2020 (GLOBE NEWSWIRE) -- PHI Luxembourg Development S.A., a Luxembourg-based subsidiary of PHI Group, Inc., (www.phiglobal.com, OTC Markets: PHIL), announced today that it has successfully activated the first-ever Luxembourg bank fund for the Vietnamese economy, PHILUX Global Funds (www.philux.eu), a Reserved Alternative Investment Fund (RAIF).
PHILUX Global Funds plans to create a number of subfund compartments over a period of time for investments in real estate, renewable energy, agriculture, healthcare and education in Vietnam. Initially, the fund intends to focus on the development of the Free-Trade Zone in the Chu Lai Open Economic Zone in Quang Nam Province, which will house the Chu Lai Multiple Commodities Center (CMCC) and the Asia Diamond Exchange (ADE), the first-ever rough diamond exchange to be established in the Asian Hemisphere comparable to the Antwerp (Belgium) and Dubai (UAE) exchanges.
The Company would like to take this opportunity to thank Dr. Ben C. Smet - our fund structuring agent and global program manager, Messrs. Pierre Delandmeter and Yannick Deschamps of DLP Law Firm – our Fund attorneys, VCI Legal – our Vietnamese Attorneys, Hauck & Aufhauser – our custodian bank and alternative Investment Fund Manager (AIFM), Atoz Tax Advisers Luxembourg – our Luxembourg tax adviser, Ernest Young Luxembourg and Ernest Young Vietnam – our auditors, Cushman Wakefield Vietnam – our Vietnam independent valuator, PHILUX Capital Advisors, Inc. – our investment adviser and particularly The Luxembourg Financial Sector Supervisory Commission (CSSF), as well as our other committed friends and colleagues for their dedication, diligence, patience and support in the successful establishment and activation of our PHILUX Global Funds.
Henry Fahman, Chairman of PHILUX Global Funds, stated: “We are very pleased to have reached this significant milestone in activating the first-ever Vietnam-related Luxembourg bank fund. Not only will Vietnam stand to benefit tremendously following the secular trend after the global coronavirus disruptions, but this will also provide excellent investment opportunities in our fund compartments as we undertake major initiatives that should bring rewards for our investors.”
https://www.globenewswire.com/news-release/2020/06/12/2047457/0/en/FIRST-EVER-VIETNAM-RELATED-LUXEMBOURG-BANK-FUND-LAUNCHED.html
question is.. jmho.. do they open diamond exchange first?
Check my posts I never claimed that.. But I did say and question If Henry was going to produce anything.. This proves he is working.. I hope just like every other investor that the buyback ..apr dividend and everything including the filings are completed soon.. btw i have been on all the conference calls for over a year so.. you tell me..
Well I will say Congrats to all investors and Henry.. Now Hopefully we see buyback , dividend and most important the filings to become updated.. Still alot of work to do.. but this is great news for investors..congrats to all
$PHIL
Problem over the last few months Management has not given any guidance or Press releases ..both $CGRW and SGDH need to fix the transparency so investors know what they are doing.. Sad to say but this is fact and They need better interest in the stocks.. so I guess we all wait to see..
Hard to believe this had 200,000 shares traded and didn't move higher.. must be some deep accumulation.. jmho
Fair to say we get a PR soon ...why anyone would sell this is crazy.. Good luck buying next week.. Have a great weekend Enjoy..
I agree would love to see a catalog or price index.. hopefully they bring in the flowers next and they are listed too..lots to do that's fr sure..
Could see a Press release here hopefully..
This is going to be HUGE and one thing is for sure...This is one MMJ stock that people are going to notice real soon..jmho
Agreed ..This is as simple as it gets.. and also why the pps is still here..
Got to laugh..$CGRW trading at 12 cents.. It can jump 12 cents in a day...
I can't believe the pps ..The other MMJ companies have much less and are trading in a much higher range.. Valuation is going to send this to New Highs ..jmho
Notice the pics from the site.. maybe they expand the hoop houses once the sales start.. Looking stronger than ever here..jmho
Yeah well Henry has committed to shareholders of record at 5-1 on APR dividend.. So Most likely R/S is not in best interest without major class action lawsuits..jmho
Every day we will be moving higher Opening day is around the corner..jmho $CGRW has the harvest Numbers will be massive ..again jmho
Should be $1.20 easy..jmho
Doors OPEN Very soon.. Get your Tickets!!!.. "The C1B Retail Store will be our flagship location to launch the C1B Brand. We expect to be operational with a soft opening the first week of June and a Grand Opening in July.”
https://finance.yahoo.com/news/sgd-holdings-ltd-announces-issuance-103010195.html
$SGDH
I agree ..great post Facts...
Can we stop the bleeding here...thanks
Any day Now ....News about to drop and when it does... Going to be a great 4th of July It looks like!!jmho
This deserves a dollar + on this pps..jmho
One thing I will say is that Henry really seems to care...But about what I don't know...
$PHIL
Maybe Henry can spend a 1/2 hour talking about the New car wash.. What a waste of time
Question is how much B.S will shareholders hear today???..Let me guess 2 months for financials and 6 months for anything else..
$PHIL
Henry's shareholder C.C something like this .. Nothing done nothing I can do and I will do a press release if I ever get something accomplished.... wow exciting.. just about as fluffy as the last PR.. Just to make things clear Henry has NOT done Anything in 2 years except destroy all shareholder value and dilute this stock to death.. keep that in mind...
$PHIL
Last C.C Henry promised investors "multiple dividends"...How did that b.s workout..???? Point is who would want to listen to Henry b.s for an hour before a 3 day weekend after hours??? why waste the time or effort?? Nobody cares really and Nobody or anyone with a brain in their head would announce any important News to investors.. so what does that tell you all...???
$PHIL
Even IF Henry could travel ...Nothing will get done.. Nothing ever does.. NOT EVEN A SIMPLE TASK.. so don't expect Anything new.. It's going on 2 years and this is the 3rd or 4th C.C with Henry and empty promises and empty pockets.. What's New?
$PHIL
BTW 4500 shares traded @ .00001 Says Henry and $PHIL has NO NEWS..jmho
Don't expect much today at all..Remember this is Henry...Probably something like this.. We can not file because of the auditor and whatever other excuse... Then we can not open the fund because flights are all booked and my underwear caught on fire.. See where this is going.. Excuse excuse excuse...This is another C.C but the last time Henry can B.S investors..There is NO NEWS AND NOTHING HAS BEEN DONE..There I just summed up the whole C.C..
$PHIL
*News Out *~ SGD Holdings, Ltd. Announces Issuance of Certificate of Occupancy by the City of Walsenburg Colorado for Retail Cannabis Dispensary
https://finance.yahoo.com/news/sgd-holdings-ltd-announces-issuance-103010195.html
$SGDH $CGRW
*News Out *~ SGD Holdings, Ltd. Announces Issuance of Certificate of Occupancy by the City of Walsenburg Colorado for Retail Cannabis Dispensary
https://finance.yahoo.com/news/sgd-holdings-ltd-announces-issuance-103010195.html
$SGDH $CGRW
Yes I know, $CGRW is the real deal..Who's the real deal and always been???..Can't wait to see this over 2 bucks again..compare anything close and the pps here is a joke..jmho ..I'm locked and loaded.. btw..next stop the 20-25
Some Good vibes for the girls !!!!
WE ARE LIVE ~ #LIVEREGGAE ~ #PowerHour ~
WE ARE LIVE ~ #LIVEREGGAE ~ #PowerHour ~
Live Online Link ~ Gigabit The festival can be streamed on the following platforms kicking off at 3PM! ~ MST
Reggae 360 Facebook: facebook.com/reggae360/
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$SGDH $CGRW ~ #LiveReggae360