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It’s still listed as a shell, but the way I see it is we all know a reverse merger is coming so the status accurately reflects until assets are brought in to TGGI. Am I tracking this correctly?
OTC Market Update. From Shel Risk to Shell status.
https://www.otcmarkets.com/stock/TGGI/overview
In limited circumstances, OTC Markets will consider removal of a company’s shell risk designation upon written request by a company. Please be advised that such requests will only be considered when there has been a material change in financial condition since the most recent fiscal year-end that is reflected in publicly available interim financial statements. Examples include a material increase in asset composition or operating revenues with related financial disclosure as a result of an acquisition or change in control transaction.
Yep, spot on.
People who bought 19/20s are selling 28/29s.. SMH.
I’ll be a buyer at that level.
Copy, thank you.
Thanks for this information. So the t trades that occurred over the last couple days could be dilution? I don’t know how to decipher them. Either way I know PHIL at one point awhile back said notes were like 95 percent done. I am long on PHIL like many others so Looking forward to the upcoming catalysts.
That’s not a true statement Jerry.
https://www.investopedia.com/terms/f/formt.asp
Form T Filings: Some Lessons
In the OTC market, Form T trades are mostly the result of accumulated buys or sells handled on a not held basis by block desks, otherwise known as 'late prints.' They have nothing to do with short-selling. Large blocks of shares may not all be sold in a single day, so a broker or market maker would file a Form T for the remainder of shares listed at the average price that day's shares sold for as if they all had sold. If all the shares had sold in that one session, the transaction would have been recorded normally.
8K will tell ya.
Agree. Stated well Cordova
Cordova1047 Sunday, 08/01/21 10:37:24 AM
Re: None 0
Post # of 79317
This company has come back from hell at .0001 with resiliancy while not being current. It has made major progress in many areas and now is current with more great news coming. Yet suddenly the stock price goes down for no good reason. NOTHING HAS CHANGED FOLKS FROM THE TIME RECENTLY IT WENT TO .O198. This is a great buying opportunity and it will again be over .01 very soon.
The 8K spells out where the funds are coming from. Go read it.
PHI GROUP INC Retweeted
PHI GROUP INC
@PHIGROUP
·
10h
$PHIL Dear Valued Shareholders, I want to thank our loyal shareholders for your spontaneous outpourings of encouragement and support. We are better positioned then ever before and the only one doing the Asia Diamond Exchange, with all the ingredients for big success. Cheers & GB!
Got it thanks.
What gap?
That’s awesome. Maybe it is a high level investor and he announce a $1B USD investment into PHI Group. Maybe I’m too optimistic.
That’s a good looking “W”
I’d smack them .013s if I stupid money.
Is it 1630 EST yet? Ha. GO PHIL.
Thank you. Just want to contribute to the PHIL Movement.
These are the questions I sent to Henry. Edited to remove my personal information. Hopefully I worded them correctly.
Greetings Henry. First off congratulations on obtaining current status for PHI Group. I imagine the journey was long, but very rewarding for PHI Group and it’s shareholders. I’d like to pass on a few proposed areas of discussion for today’s CC. I unfortunately can not attend the Zoom call due to my job commitments.
1. Where are we at for share buy back initiative? How many shares have already been bought? When can we expect to see an update (reduction) on the share structure on OTCMarkets.com? This topic is by far the most discussed in all the forums I monitor so I think it is the most important.
2. On the the latest 10Q and as you know there are entities that have come on board with investment agreements totaling $1B USD but PHI Group has not received anything as of this filing. Have we received any investments as of today? Can you comment when we will see some investments?
Thank you Sir.
Anyone got Henry’s direct email or point me to it? I want to send some proposed topic discussions for today’s CC.
Or put out a lengthy PR.
Damn that was painful. I held though.
Should have waited for .0137
Hmmmm, I question the credibility on that statement.
Gap filled. North bound. Go PHIL
Just need to fill the .01335 gap. North from there.
Ya, now i don’t quite know how to decipher that. I know they are affiliated with TECO group and I tried back searching where this document came from but was unsuccessful. Not sure if this 4B which has a distributed date of April 2021 was directly to PHI Group. Has anyone else seen this document? I think it warrants further research.
https://www.sec.gov/Archives/edgar/data/704172/000149315221008416/R47.htm
Thinking a 015 - 0155 close today. GO PHIL.
Not sure if this document was already shared, but it lists PHILUX Fund (3 entries) at the bottom and the area of land that has been previously discussed. Also lists contributed amounts and early as April 2021 but not sure if this dollar amount applies to PHILUX. As many here already know, TECCO group appears to be playing an important role in this venture. Just thought I’d share.
https://www.sec.gov/Archives/edgar/data/704172/000149315221008416/R47.htm
LMAO
Dang, got to get past them .0115s
Sounds like a canned statement to me, almost like a disclosure, but its just a guess and my 2 cents. I think the positive is there are no toxic convertible notes associated with TGGI.
That works for me.
Damn, we gapping it seems. Need to fill it quickly.
Still learning to decipher public documents, but I’m making progress..
So you are an insider?
This sucks. Red again. I got shares though, but it’s been quite painful watching this slow bleed.