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so we better see that $150M in the 10q. im still waiting for that 1 Billion dollar gold mine that Henry owned......... im still waiting to see the revenue from his other sub that he promoted to generate $100 million dollar in revenue too from a couple years ago.
PHI Group JV Receives Approval from Yen Bai Province for 100-MW Clean Energy Power Plant Project. (from 2017) no power plant existed. Website? none existing. Revenue generate? did not show on PHIL last 10q.
and this is not the only one too.
so more talking from Henry again. Nothing new. 10Q is so late it doesn't matter no more. He still have this year 10Q he still need to file. Last year 10Q already overlapping this year 10Q.
more excuses from Henry. tell Henry if he would just come straight out without this scam he could file financial on time. Henry is just trying to buy time to come up with an excuses when all the thing he say does not show on the financial or he realize this is the point that investor will realize his elaborate scam if things don't show. There's been a couple auditor quit because of this delay from Henry. it is not the auditor's fault. No auditor takes a year or more to audit a simple thing as a 10Q that get file quarterly. if all the paperwork and financial are legit then boom done, 10Q right there.
next week is the end of September. its been 12 month already for that 10Q from last year. The next 10Q is already coming due. That one will be another 1-2 year late and that is why this 10Q will not make any different. it's not a one time and done deal here. There is like 3 10Q in a year plus the 10K for the end of the year thing and Henry can barely keep that up.
legit company will have no issue. Only the scam stock will have issue. scam stock like PHIL.
they dont want to look back in the past thats the hard part. the past of a company explains a lot for the future of the company. That is how you invest successfully and the chart too. if a company's chart climb like a mountain its a good investment for long term. if a company chart's started out high and then dip low and stay that way for a couple years like PHIL then its already near the end of its rope. it doesn't really take a genius to understand this.
Quote from Warren Buffett
"A lot of progress has been made"? should i show you all the fake news from Henry? there is picture for proof and its all on this forum already. Remember last 10Q shows nothing from those "revenue".
2 more weeks left Henry. Show us more of your scam. not that im surprise or anything.
no. let me guarantee you this. a big "No". This financial is no different then the last couple financial and will not be any different then the future delay financial "not the late financial Henry is struggling to post" that is already coming due. if the stock market is all about a 10Q ~10K then we all would be seeing money falling from the sky whenever financials are post right.
many rules dont apply to OTC PINK even financials. PHIL do not need to release financial if Henry dont feel like it. OTC PINK dont require financial to be submitted.
There are 10Q and there are 10K. we still waiting for the 10Q and the 10K from last years.
"HENRY" Look. Look at that picture of Henry and think to yourself. That guy right there. that guy who have $100 million ~ $1 Billion dollar in the work. That guy that most of you "believe". That guy that is working with the "Vietnam government" or so they say on building an economy. Look very closely and think hard then tell me how confident are you in "Henry".
just watch this 10Q is going to overlap into the next 10Q and the next 10Q will be delay a year or more too. Then it will be the same story all over again.
because he have nothing to show or else he would of file the 10q last year. Remember many auditor came and go because Henry dont provide them with information to file anything.
i see that Henry have made another "next few weeks" excuses. Lets make that the next few months.*
he have all of last year to do it.
Even with financial, it will still not prove anything besides more of Henry's pump and dump scheme. Last 10Q results shows nothing of all the things he show and said. This 10Q will not be any different then the last.
you are not wrong. Google earth shows know business.
Vinh Nam Joint Stock Company (VAM JSC) <--- This company is not Vinafilms. This is an oil equipment supplier company.
cant catch him he in Vietnam. He probably have a resort down there with all the money he scam with PHIL. Maybe when he comes back over here we can have someone go knock on his door. lets hope its not the "wrong address". lol
you are not wrong. you are right. like so many other OTC scam out there, they are just milking it and they will keep on milking for as long as they can because the regulation in the OTC market is like the black market especially OTC PINK. Some of them have been milking for 10+ years and still are today. They just release PR for pump and then dumb over and over and years and years advertising into a market that is worth Billions in the next couple years. That is how they keep it under the radar. Anything that jump significantly from a .0001 to a .01 or .1 in a couple months will definitely get the attention from the SEC. in fact, i just flip my last scam stock before i came to Phil and i can tell they use the same scam. I knew it right away when i did my DD on PHIL.
1) fake address is the first red flag
2) past PR talk big but nothing to show because they ride on hype and not results. So you'll have to wait until the hype train comes and hope it bump up the stock for a sell off.
3) multiple sub company for pump and dumb and funneling money. They will use another sub to pump and then transfer the money to their other company/sub. How i know? well its easy to tell when their pump and dumb stock is trading at .0001 and their other ticker is trading at .01 but yet they still hype the .0001 stock like its going to go to penny land.
4) Website. Website are either bland and simple or under construction for many years.
5) picture stealing. there is a lot of that. in fact, my last scam stock i debunk some of the picture as they claim it's patented stuff but the picture was stolen from another company.
if that is the case then he should of release an 8-k stating that 4 week delay. i remember seeing someone say Henry have financial ready and just waiting for the new auditor but then again it may be just another rumor since there is more rumor then truth from the last couple years.
-Form 8-K is a very broad form used to notify investors in United States public companies of specified events that may be important to shareholders or the United States Securities and Exchange Commission. This is one of the most common types of forms filed with the SEC
Now that Henry has fallen into the "PINK" sheet.
"Companies on OTC Markets Group’s Pink market are not required to meet any minimum standard. Many of these companies do not file periodic reports or audited financial statements with the SEC"
Straight from the SEC website
- That said, many OTC pink stock barely submit financials but they are still trading.
lets see here... AI forecast say .0001 in the next couple years. yea, sound about right.
phicapitalholdings.com -- You guys see the group picture on that page? it was stolen like many other picture Henry uses on his website. K2M inc have no affiliation with Henry and his fraudulent business model.
not to mention all the unfinished website he have and fake information. tell me about it? $100 Million dollar deal here here and there? stock still trading at .0001. Claim to have 1 Billion worth of Gold in his goldmine. Claim millions of revenue from his sub company. Dont forget last 10Q result did not show any of those earning. it was nowhere near those number.
Remember that "Smart Glass" or nano glass Henry tried to pull? he remove it after someone told him all the picture on there was stolen from other site. if it wasn't real then why remove the website? simple, because it was fake and made for pump and dump.
Look into a company's past to assess the future. one cannot be blinded by the past and easily fooled by the future. This type of scheme of million dollar to billion dollar revenue and all talk with no result is played out in many scam stock. i came from many of them. i like to call it a Hit and Run stock. Buy in and sell out during a hype and move on to the next one.
3 more working days left. wonder what kind of excuses people are making for him now. Deniers never learn.
only 6 more working days left in August. if Financial isn't out by next week then you know its delay again like ever since last year. Cant wait to hear what's the excuses this time.
but what if Henry is not a foreigner. Remember he is Vietnamese too and do 100% of his scam business in Vietnam. All the business he have in the U.S.A is fake with fake addresses.
7 more working days left. still waiting for financial. im not surprise if its "delay". it's been Delay since last year.
there is a lot of "to launch" and or a lot of "coming weeks" for the past couple years.
what is Tecco? another fake hype like the Saigon Palace. there is too much fake then real to believe anything in Phil/Henry. Seems like another infrastructure company like MYSON/MYSN that went dark and defunct. Good thing Tecco group Vietnam dont have stock shares in the U.S market. Think about it, PHIL/Henry talk all big but its website barely have much to show, let alone "under construction".
99% of all OTC stock runs on dilution because its legal. The only way for SEC to shut Henry down is if they are investigating into fraudulent activities. You can send them a tip. Report Suspected Securities Fraud or Wrongdoing
how to explain Henry's scam? just watch this video of this guy Houston entrepreneur spent $1.6M in COVID-19 relief funds on Lamborghini, strip clubs: prosecutors.
- created a phony company and fake addresses and fake employee.
- get loan money and spend it on himself
Henry?
- fake company with fake addresses and fake employee.
- some claim he have 100 million plus in loans and billions more coming? no paper to prove.
- stock still trade at .0001
- fund activation? nothing to proves just all talk. No actual signing, no government handshake on national television since some people say even the vietnam government is in it? lol. NO.
- vacation, vacation, vacation.
- excuses, excuses, excuses.
it's just an estimate of old financial release. those price range estimate doesn't mean anything. they have AI to do the estimate and it changes from day to day.
here is another example.
PHIL stock forecast
Henry already have his other ticker "Catalyst Resource Group Inc" delisted by the SEC. https://investorshub.advfn.com/Catalyst-Resource-Group-Inc-(fka-CATA)-5857/
still need prove that the Vietnam Government is supporting "Henry". last time i check it's the industry, not "Henry".
volume is not good. this is an undervalue stock at .0001. $100 = 1 Million shares at .0001. Millions in volume is nothing.
Henry is not buying anything. He is dumping everything. 40 Billion outstanding shares already.
and there you have it folks. PHIL ended up with a couple billions more shares then before and many billion more is coming. Repurchase date extended to December 31,2020 which means it will be delay/extend again to next year. Thats usually how it goes when a company put a date right at the end of the year because they make up as they go. Nothing is going to happen this year. "fund activation" this and that and conference call here and there it doesn't mean anything. Henry can talk big; "first ever fund like this in Vietnam" and what not but the market is not showing and pathetic volume and trade every day. if this is first ever in Vietnam then we should be seeing a lot of trades and volume now would we. a lot of people will know about PHIL/Henry in Vietnam and will be flooding this stock, but we are not seeing it.
.0001~.0002. it doesn't matter what kind of PR news Henry put out what "activation" here and there. if the market doesn't show then it means nothing. First activation, all hype and pumping for others but nothing really happens. still trading at .0001~.0002 like i said. How i know? its easy really. Market didn't show during the Activation PR News so that already give you an idea on where it stand afterward.