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that is something they cannot provide. they are not the kind that will do DD and stay real then to speculate and hype. Remember Results speaks louder then words and i base my opinion on what have the company done so far and and where is the past results. I too question myself with all of these subsidiary talking in the millions and there is barely no revenues besides from the money they get through stock trading. Here is what i find on each and one of them.
I also did DD on the big jump and drop on the chart from 10-9-2018 to 10-15-2018 PHI, stock chart. within that time period was the announcement of the Saigon Pho Palace. PHI, PR NEWS. im sure there was major sell off and the stock just dropped to no return. I also realize that the Saigon Pho Palace is not on the subsidiary list no more PHI subsidiary list.
*Also Note that please read and follow my fact before commenting with anything stupid because i dont deal with stupid. if anyone here is not happy about my DD or if my DD "offended" someone or if im missing something that someone found and i dont or want to clarify something then feel free to provide yours with fact and no speculation.*
1)
Abundant Farms, Inc.<-- click on link (according to the filing. this "company" or "subsidiary" is inactive. You can google earth their address and see for yourself and see if you believe what you see.)
Percentage of ownership: 100%
Business activity: Farming
2)
American Pacific Resources, Inc. (i found no evidence of existence besides an address 5348 Vegas Dr, Las Vegas, NV 89108. Google earth and see if you believe what you see. Dont get American Pacific Resources, Inc. and American Pacific Resources, LLC mix up. they are different. This is the only thing i can find that came close American Pacific Resources Inc, other then that you will not find anything specific.)
Percentage of ownership: 100%
Business activity: Mining & Natural Resources.
3)
ComMatrix, Inc. (find no evidence of existence this subsidiary is "inactive" according to the PHI website under the Subsidiary tab. i then google Gridline communication, inc and found their facebook and this is their address 11625 Custer Rd, # 110254
Frisco, Texas 75035 and Google earth shows its a UPS store. Im not sure if this is the same "Gridline communication, inc" or a different one "Gridline communication" without the "inc,". their website is non existence. According to this PHI Grounp form 8-k agreement i google GridlineX and came up with nothing. I also google Matrix Communications, Inc and come up with nothing specific. There are "Matrix Communications" but nothing with an "inc." like Matrix Communications, "Inc" this is the closest i can find Matrix Communications Inc but they go by the name Matrix-NDI. they have no affiliation with PHI. i was around that area so i went and see it for myself.)
Percentage of ownership: 100%
Business activity: Holding company for merger with Gridline Communications, Inc. (inactive)
4)
Constructii SA Group, Inc. (no evidence of existence. This subsidiary is no longer in service. I did google "Constructii S.A" but this one is a construction base company in Romania and not a holding company. Constructii S.A, Romania)
Percentage of ownership: 100%
Business activity: Set up as holding company for acquisition of Constructii S.A.
(Inactive, to be dissolved)
5)
PHI Capital Holdings, Inc.<-- click on link (this is all i could find. the address is 5348 Vegas Dr, Las Vegas, NV 89108 and its the same as American Pacific Resources, Inc.)
Percentage of ownership: 100%
Business activity: Consulting and M&A advisory services.
6)
PHI EZ Water Tech, Inc. (i cant find any specific detail or any address besides PR news.)
Percentage of ownership: 75%
Business activity: Water technology
7)
PHI Group Regional Center, LLC<-- click on link (I cant find anything specific about this subsidary than the fact that they owned 100% of ABUNDANT FARMS, INC. The website is the same as ABUNDANT FARMS, INC. but you will see PHI GROUP REGIONAL CENTER, LLC right under the BIG RED BOLDED word "Detail by Officer/Registered Agent Name")
Percentage of ownership: 100%
Business activity: Management of EB-5 Immigrant Investor Program
(Dissolved 9/29/2018)
8)
PHI Vietnam Investment and Development Company Ltd. (i found no evidence of existence besides PR News. i then google search "Hanoi MHD Invest Joint Stock Company (MDH)" and come up with nothing specific. US buyout firm PHI Group to set up Vietnam real estate investment fund)
Percentage of ownership: 100%
Business activity: Consulting and Investments in selective industries
9)
PHIVITAE Corporation (this subisdary is no longer in service. do not get this confuse with phi vitae as "phi vitae" and "PHIVITAE" are different.)
Percentage of ownership: 100%
Business activity: Export of pharmaceuticals
(Inactive).
No, that is asking where you bank with. TCF, Wells Fargo, etc. Real company shouldn't have no problem providing a specific bank. if you google search other top company like coca cola or Pepsi, you will find their bank and if you google their bank it is there because it is a real bank. Not saying that the Luxembourg bank is not real, but we got to know which bank in "Luxembourg" since Luxembourg is all the way near France, Germany, and Belgium.
this stock is dead. they been scheming after scheme and are running out of scheme. Only a couple more month left until this year is over and USMJ still have not proving anything nor have they ever did. i told all of you so and im sure there are people here who have lost big time when they bought in at the .001 or .0007 ~ .0008 hoping this thing will go to "Penny land" and fall for the fake hype and PR news. Now this stock is just pumping their other made up fake company back and forth. Lets just hope marijuana is in the debate for the presidential run/election and hope that the marijuana sector can help push this pump and dump stock back to .001 so you guys can sell out because i can guarantee you that you will not see .01, let alone float at .001 so dont let this chance fly by because you will not likely see another .001 for many many years. The marijuana sector hype will not help push all marijuana stock, keep that in mind.
i like you. you know how to reply back the right way. May the money be with you. i thought i would hop in to give my thoughts but i guess it pissed someone off instead. no hard feeling. i will be back to the sideline with the others and see how things go for a while.
want links? sure. here's the link where i did my DD. Now show me yours? We've still waiting for your links.
many acquisition and yet this company is floating at .0001~.0002. watch the big dip on the chart and ask yourself, what happen?. I've invest in many pump and dump marijuana stock and all of these company use the same tactic/ scheme no matter what sector they are from. Not to mention they all use simple easy to build website that looks all similar to one another in format. i used to design website and i see how real company design their website from amateurs. This does not mean that the company was a scam in the first place. They may be legit at one point of the time and become fraudulent later. Many of these company are from the 1980s and 1990's and they are near the end of their time. The only thing they can do now is try to extract every penny from investor before they go down.
PHIL - original sector in the crypto currency, later change to Banking and financing. Now its good to have high hope and i dont want to shattered anyone's hope but reality will come sooner or later.
whether you choose to believe all of this information or not is solely up to you as i am only here to inform from my understanding after flipping through all the PR news and information i gathered and i would love to see if i can extract every little information i can find, but sadly it's not easy especially when a company is non existence in real life.
~Note that i know some of these company are "inactive".
PHI subsidiary company
1) Abundant Farms, Inc.
2) American Pacific Plastics, Inc.
3) American Pacific Resources, Inc.
4) American Saigon Palace Group, Inc.
5) ComMatrix, Inc.
6) PHI Capital Holdings, Inc.
7) PHI Luxembourg Development S.A.
8) PHI VIETNAM INVESTMENT AND DEVELOPMENT LTD.
9) PHI EZ Water Tech, Inc.
10) PHIVITAE Corporation
- We will call these "Shell company". Shell companies are characterized as fictitious entities created for the sole purpose of committing fraud. Shell companies have been used to commit fraud, by repeatedly creating an empty shell company with a name similar to existing real companies, then running up the price of the empty shell and suddenly selling it (pump and dump. A shell corporation is a company or corporation that exists only on paper and has no office and no employees, but may have a bank account or may hold passive investments or be the registered owner of assets, such as intellectual property, or ships. Shell companies may be registered to the address of a company that provides a service setting up shell companies, and which may act as the agent for receipt of legal correspondence (such as an accountant or lawyer). The company may serve as a vehicle for business transactions without itself having any significant assets or operations. Sometimes, shell companies are used for tax evasion, tax avoidance, and money laundering, or to achieve a specific goal such as anonymity. Anonymity may be sought to shield personal assets from others, such as a spouse when a marriage is breaking down, from creditors, from government authorities, besides others.
Shell companies can have legitimate business purposes. They may, for example, act as trustee for a trust, and not engage in any other activity on their own account. This structure creates limited liability for the trustee. A corporate shell can also be formed around a partnership to create limited liability for the partners, and other business ventures, or to immunize one part of a business from the risks of another part. Shell companies can be used to transfer assets from one company into a new one, while leaving the liabilities in the former company.
~now the real question is, are you able to make money from a pump and dump stock? Sure you can. for short term goal you will make money. Will you be filthy rich? NO. For long term goal? 5 - 10 years and you will not even going to make as much money as those short term who keeps flipping years after years. 5 to 10 years from now this stock may only reach .0005. Even if this stock does reach to .0005 by next year. dont forget there will always be major sell off that will drop the price right back down and if you're a long term then you will lose out on that opportunity because another .0005 may come again another 5-10 years. I love investing risky and I've been there, trust me. I do have 50 Million shares in PHIL ready to go. I've been here for a while just sitting on the sideline reading through the hub forum and all. trying to gather any information i can because you gotta find the right Pump and dump stock too you know. Not just any undervalue stock that will do. the one that will yield you the most return in a short period of time or 1-2 years time frame.
sounds like how a fraudulent company would say. "We are not a fraudulent company". Ask them why they dont file any SEC paperwork and why they steal the extraction machine photo from another site and claiming it as a patent extraction process for PURA.
i voted YES to increase the authorize share to 600,000,000 then i sell out and watch it drop then come back at a lower price.
not sure what kind of scam this company is but its cheap so i will throw some money in it. Already got my sell button set to .0002.
did you google earth their address? its a Day Care center.
late for this scam. seems like i can flip it at .0001 and sell at .0002. gonna slap $5k on .0001. they will never resist that much money. lets hope they give me my .0001 shares. Cant wait man. so excited.
doesn't seems like it gain much momentum. We'll need more then this to go anywhere.
they get paid to promote fake news. just ignored them. only an amateur investor will fall for it.
There will always be people who fall for this scam. I've been around here for 2 and half years i seen those people come and go and all of USMJ fake PR news for hype. Nothing is going to save this stock. this is not even a real company. its only made up for pump and dump and i can guarantee anyone here like i always been because i am confident in my word. If you're looking for the right time to drop out of this pump and dump stock i would suggest waiting until near presidential election day and see if this stock will go to .001. usually when there is a marijuana debate then the whole marijuana section would jump depending on the debate. Also, dont bother with PURA too. i debunk their "patent" CBD extraction process. the only thing they own is the label machine where they slap their label on the water bottle.
it sells millions of shares because the stock price is cheap so it is very easy for a person to buy/sale millions of shares.
there already 30+ state that allow recreational and or medical marijuana. This stock will not move and i can guarantee you this. One thing people miss about this stock and that they can be easily manipulate by USMJ is that USMJ is "not" a marijuana stock. USMJ have no marijuana to sell or no marijuana in any kind.
State Marijuana Laws in 2019 Map
No. this is not a real company. its just a pump and dump stock.
they wont because they will have to go through regulation and if they go through regulation then SEC will find out they're fake. Also 99% of all their CBD is from third party. USMJ do not make any CBD product.
PURA CBD water is not their water. i just busted that on my earlier post. They claimed patented extracting process while they steal photo from an extractor machine that is not theirs.
My post about PURA CBD water
i could say the same to PURA CBD water. Hard to tell if its really theirs or they just slap their labels on it. i want to see proof with pictures of their actual production line and talk more about it. i remember seeing their label machine where it slap labels on their water... thats not very convincing.
look at the Extracting machine on this photo on their page at the bottom of the page.
https://www.purationinc.com/ they claimed "Puration's entrance into the cannabis sector was founded on a patented cannabis extraction process."
Now, look here. Same picture from a company who made the extractor.
MRX Announces Next Generation CO2 Cannabis Extraction System
You see how PURA/USMJ steal that photo and use it as theirs? PURA never once mention the company who made the extractor and you see that PURA "label machine" on their website? i think that is the only thing they own....
i dont have any shares in PURA and glad i didn't and im not even gonna lie. i think i busted that PURA CBD water is also as fake as USMJ. PURA dont make that Water, they probably buy it from somewhere and slap their label on it with their label machine " the only thing that they owned" that you see on their page.
There is no real profit or real news. its all pump and dump. The only profit they are getting is the profit from pump and dump. Their e-commerce site? They dont gain no profit from that. Why? the only profit they will gain from their site is from their Miss USMJ calendar and PURA Water, besides from that all the stuff they sell they price it exactly like the price you see at the suppliers website. i started near the end of 2016 and hold for almost 2 and a half years before i sold it last year. It's nothing but fake news and hype. did i make money? yes i did. Would i hold it for long term? No. This pump and dump is only good for a quick flip during a marijuana industry hype and sell before the hype is over. This stock by itself have no potential to go anywhere and i said that many many times already and this stock still hasn't gone anywhere and proven any results. if you are looking for a stock to have a future in then you are looking at the wrong one and i can guarantee you and anyone here because that is how confident i am in my words and experience.
There are people that will say there is no trend just look at the chart, look at the volume. Yes, i look at the chart and i look at the Max full lifespan chart of this company from when it first started, i look at the volume and volume doesn't mean anything, i look at the history of this company, look at all the PR News, i question myself if this is even legit, google search this company, their address, search SEC file for any filing and suspicious activity and yes there was one for a cease trade order. i probably did my research far deeper then they did. i too was fooled and lure in by the "to good to be true" PR News because i was an amateur, but not no more. learn my lesson. Now, i do my research first before i even start investing in company like this. The hard part is, its hard to tell if its a real company or not if you are new and want to get in, but with enough research you will realize if its real or not and take a gamble if you want in or not. im not even going to lie, are you going to make money by investing in a pump and dump stock like this? Yes, you just got to know when to buy and when to sell. Play along with their pump and dump until the time comes to sell. Are you going to be rich? No and Yes, that depend on how much money you want to risk.
those product are from drop shipping. you dont need a company for drop shipping.
more bad news, more delay possible? Louisiana have some serious issue on their medical marijuana guideline. they dont even know whats left from right. only time will tell if all these waiting will be worth it.
Medical marijuana regulation in Louisiana turns into turf war
you are late for the show. USMJ does not produce the product they sell on their e-commerce website. USMJ is only drop shipping those product from another company from that companies warehouse. Drop shipping do not require anyone to have a warehouse or a company because you do not need to store product or need registration for a company. The supplier will have those product and the supplier will send those product over to the buyer that buy it from the middle man which is "USMJ". Thats like you buying some shoes from me but i do not have those product. i will then send your information over to the supplier and the supplier will send the product over to you. i may charge 5 to 10 dollar more then the actual value of the product because as a drop shipper, thats how i make money.
Ever seen a Product on Amazon and then find the same product on Alibaba for 5-10 dollar cheaper? You order that product from Amazon, but the product really came from Alibaba. in USMJ, their product comes from Sun Valley, Phoenician, and other supplier which you can google their website. as the middle man "USMJ" they/you dont need a warehouse or anything to store the product because the suppliers will have it on demand at their warehouse nor do you need to be a real company to even drop ship. Drop ship is all done through e-commerce website and any individual people like you and me can make one and start selling.
if you ask me if USMJ do not sell their own product then what about PURA EverX CBD water? the answer is simple. the EverX CBD water is PURA and not USMJ. USMJ is only hosting the product for sale on their e-commerce website. Remember USMJ and PURA are still two different company owned by the same group of people. The only thing USMJ have that is their own to sell is the Miss USMJ Calendar.
there is no company. the last person i remember trying to find the company never find it i think. Never heard from him again whether he found it or not. Google Earth that address dont show any USMJ logo besides some other logo that looks nothing like USMJ.
thats exactly what they want. they will hype something up and then post a lot of stuff that have nothing to do with anything and hope people forget the last fake news. Remember the Amazon, Starbucks, Sun maid of Marijuana hype? yea, didnt happen and will not happen and no news about it since. Look at the E-commerce site and this stock still sitting below .001. The Canadian dispensary hype was all fake too from this year. I can go on and on about all the fake news from USMJ throughout the years.
none. you are just wasting your money. i would highly recommend looking somewhere else.
if they do have PURA EverX product to sell then you wouldn't be waiting this long. Let's hope all those Advertisement with the PURA CBD water is not fake news for hype or just for show. otherwise, they might be ordering the water from another manufacturer and then slap PURA/EverX labels on it. in this case if the manufacturer are out of stock then there's really nothing USMJ/PURA can do until the water is back in stock. i remember they say something about a "Warehouse" where they are going to keep all of these stuff in stock... i dont think there's a warehouse.
so, what happen? E-commerce site is up and running so why is USMJ still below .001? let alone the hype of .01?. its simple and it doesn't take a genius to understand that a simple e-commerce/drop ship site will not propel a stock to no where or maybe it does take a genius to understand that.
if the CBD comes from hemp and a lot of them are and since Hemp is now define as an agricultural product in the farm bill. it is legal if you follow and complete the necessary application. CBD from marijuana is another story. i should of said that in the first place that i was talking about CBD from Hemp.
here are some vendor.
USHempwholesale
Here is another one of the supplier you can drop ship wtih. Mountainwestlabs
These vendors are no different than the Vendor USMJ uses to drop ship. Here is the form from SunValley Sceince that USMJ use to drop ship. Sun Valley Wholesale "We offer wholesale pricing and interactive collateral to businesses and professionals seeking to sell our products. Our wholesale ordering is quick and simple with online ordering, shipment tracking, and account details access."
your statment of "They do not carry those type of products for you to drop-ship." i think you are talking about drop shipping with a wholesaler. i was talking about just regular drop shipping and one can use Amazon or Ebay as a platform.
Dropshipping_vs_Wholesale_Whats_the_Difference
ended with .0006 at 169M in volume. see, Volume do not mean crap and so does the website. Drop shipping does not propel this thing to no where. Drop shipping is not a type of business that will help a stock because it have no impact on a company. Any average Joe can run an e-commerce drop ship website in their basement or use E-bay or Amazon to drop ship.
Understand Drop shipping
No. i can guarantee you that Volume does not mean anything. Especially in undervalue stock like USMJ. i can sell 20Million shares and you will see that 20 Million shares in the volume. Volume is just a total of selling and buying of shares. USMJ can be at 1 Billion volume and have no change in stock price which i seen many time already or USMJ can have 500 Millions shares and the stock will still have no change or 200Million shares and it will go up one point. Volume does not depict a stock price. if volume does depict a stock price then why do USMJ still floats under .001.
i saw the same thing too, if you go there and it's the same thing too then i guess its just a fake address.
USMJ cant compete with anyone. They are only pump and dump. USMJ only go where the money flow for them and if they can come up with a scheme to get that money, then they will. look at 99% of all the fake PR News USMJ have out out for many many years now and no results. Then a year later and they release more Fake News so what happen to the other thing that they say there doing? They try to drown it with the new fake news so everybody will forget the old one that was never fulfill.
Google earth it. Google update that location in June 2018. That address is on their website and all.
because this drop ship system have no effect on stock price. its simple. 99% of the stuff on their e-commerce website is drop ship from other company that already have those stuff on sale on their website. USMJ do not own or produce the product they sell. if you ask me why PURA flavor water is on there? It is on there, but USMJ will not gain any benefit from it just like how PURA and USMJ have no impact on each other's stock price. i can guarantee anyone here that USMJ will not float anywhere near .001 with this drop ship e-commerce website.
Does USMJ gain any revenue from this e-commerce drop ship website? 99% of what they drop ship is price exactly like the price you see from the supplier's website. What you really are paying is the shipping cost and the item you get are drop ship right from the suppliers so you are really just buying the suppliers stuff through a third party USMJ and not from the supplier's website. with the price pricing exactly the same as the supplier, USMJ do not gain anything. Remember, buy cheap and sell high is the only way to gain revenue. Buying at the same price and selling it at the same price get you no where.
Why do USMJ bother to put those item on their website if its price exactly the same? Maybe because is to make their website look like it got stuff to sell.
PURA flavor water? im pretty sure the revenue goes to PURA. USMJ is just hosting the water on the website as those two company are in it together.
Go down to .01 and might consider buying.
yea, all the hyper isn't really hyping no more. told them many time that penny land isn't going to happen. USMJ cant even float at .001; they're not going no where. it's back to square one again until the next hype. Now, USMJ is just trying to squeeze every penny it can get before dipping down to .0003 ~ .0004. Sucks to be those people who bought this stock during the hype at .001. From .001 to .0003 ~ .0004 is a depressing drop.