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...and in the closing doc states we are considered indebted for it. Must be pretty confident it will happen.
It looks like the indebtedness is backed by the "funding programs". To me that means Henry either has the money, has access to the money, or is confident he will in the near future...
That's how I read it but guaranteed by the financing programs
Nope, sorry, I see the translations within the doc. Great news!
The closing doc is in vietnamese :)
What are we waiting for today. TTG Deal confirmation?
Wow... .0014 right there at the end of the day :)
End green?
Too much detail provided re: TTG partnership? Henry must have $$
Most epic fraud ever...
http://www.hajfinancegrouponline.com/services1.html
Sure seems like alot of specific detail for this to not happen.
TTG is a legit company right? So how could Henry keep putting out this partnership content if there was no money, or confirmed access to money? Maybe the odds are finally in our favor...
Good point. Why get approved if you have nothing to show...
If I'm reading this right, we're not in yet. "investor selection and project contract signing in 2nd quarter of 2024"
Seems like we're in the running, like a bid process?
Maybe someone can better explain our relationship to the project.
Looking like PHIL and TTG are legit partners
$PHIL Making a Big Difference: PHILUX GLOBAL GROUP and TIN THANH GROUP on Carbon Emission Reduction, Environmental Protection and Climate Change - https://t.co/IXaV3BSxCU. GOD BLESS!
— PHI GROUP INC (@PHIGROUP) September 9, 2022
Literally the million dollar question.
New tweet:
$PHIL https://t.co/31hM0f9qEu. God Bless!
— PHI GROUP INC (@PHIGROUP) September 6, 2022
If Henry has the $$ or access to $$ there really should be no more delays. Delay = no money, which would not be good come October...
Too many unknowns to give up on this now.
I would expect OS to be drastically lower by the time of any public announcement of ADE (international press conference?) breaking ground. ADE publicity should bring new heavy investors looking at PHIL for the first time, and can't imagine Henry and partners would want them to find a 30b OS count when they do.
Don't want to speak it into existence.
New Tweet
$PHIL https://t.co/AAEJbHZD3t God bless!
— PHI GROUP INC (@PHIGROUP) August 24, 2022
Haha...go easy on me KYC. I know you like accuracy good or bad. https://mblsportal.sos.state.mn.us/Business/SearchDetails?filingGuid=06766d3a-2726-e211-bc43-001ec94ffe7f
I believe the Minnesota operation was dissolved.
About 2.72 pps. If my math is right :)
Hope so. Today was boring.
Let's have some news drop today and every day this week!
I'd love to see Henry lined up news and filings 1 per day this week.
0016 fifteen minutes before close on this news seems pretty crazy. :P
Speaking of Kota, I thought their expansion was based upon PHIL investment... According to their website they service the following areas. I didn't think they always serviced these regions before but could be wrong...
Expansion already underway?
MARKETS SERVICED
Arizona
California
Colorado
Florida
Illinois
Massachusettes
New Jersey
New York
Nevada
Texas
Utah
https://www.kotasolar.com/#home
How do we go +200% and break .002 on acquisition news that alludes to 3bn investment, but on the actual 3bn 8k we're sitting still?
Crazy.
Any insight as to why this news isn't taking us over 002?
How do we know if this is binding?
Hopefully the new 8K should solve that problem.
Item 9.01 Financial Statements and Exhibits
Due to the nature of strict confidentiality and non-disclosure agreement, a hard copy of the Joint Venture/Partnership Agreement (Fund Management MOU) will be submitted directly to the Securities and Exchange Commission.
8K On July 08, 2022, the registrant signed a Joint Venture/Partnership Agreement (Fund Management MOU) with an investor in the Gulf Cooperation Council region to manage an initial amount of Three Billion United States Dollars (USD 3,000,000,000) for investment in different transactions chosen and advised by the registrant for a period of ten years. According to the Agreement, after the first twenty four months of investment implementation, the registrant will be allocated 40% of the net profit from these investments.
https://fintel.io/doc/sec-phi-group-inc-704172-8k-2022-august-22-19226-6068
The convertible promissory note, which is guaranteed by Philux Global Group Inc.’s financing programs and carries no interest, will be due and payable 180 days commencing the date of issuance and may be converted into common stock of Philux Global Trade Inc. any time after this subsidiary becomes a publicly traded company in the United States
https://www.nasdaq.com/press-release/phi-group-inc.-steps-up-ma-activities-by-acquiring-majority-interest-in-van-phat-dat
Philux Global Trade new subsidiary?
https://www.nasdaq.com/press-release/phi-group-inc.-steps-up-ma-activities-by-acquiring-majority-interest-in-van-phat-dat
"The convertible promissory note, which is guaranteed by Philux Global Group Inc.’s financing programs and carries no interest, will be due and payable 180 days commencing the date of issuance and may be converted into common stock of Philux Global Trade Inc. any time after this subsidiary becomes a publicly traded company in the United States. The conversion price will be 50% of the average closing price during the ten trading-day period ending one trading day prior to the date of conversion.
The closing of this transaction is scheduled to occur by October 15, 2022, unless extended by both parties. Philux Global Trade Inc. will hold the 51% equity ownership in VPD and plans to file a registration statement with the Securities and Exchange Commission to become a fully reporting public company in the United States."
\m/ \m/