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We can all agree on a few facts. 1) Henry has failed countless times in the past, 2) a lot of people have lost a lot of money investing in this stock, and 3) a lot of people are totally pissed at Henry for legitimate reasons. Then, there is the other side where 1) nobody made anyone stay in this stock till it got this low, 2) nobody investing now wants to hear about the sad stories of those who didn’t get out earlier, and 3) those two groups will NEVER see eye to eye on where PHIL has been or is going. So, why don’t we agree that the fund activation is the first follow through by Henry since (based on all of the posts) maybe 15-20 years ( Cordova would be the expert to narrow that down for us all). Yes, I have no issue with people being pissed at Henry/PHIL, and I have no problem with those that do not understand that anger. What I can’t understand is how PHIL succeeding now could only hurt those that now have no shares left in PHIL but there is still such angst. It can only benefit everyone else. Go PHIL!!!!
52712, I agree that it may be a couple days. It all depends on when individuals and institutions realize the magnitude of the activation, and how long it takes to get past the multiple number of times Henry cried wolf. I am hoping logic and the enormity of the activation will win out quickly. There is no way to know until we see what happens.
Do we clear the 2s Monday?
Okay, from what I get here https://www.google.com/amp/s/www.euronews.com/amp/2020/05/27/which-european-countries-have-opened-their-borders-ahead-of-the-summer-holiday-season, all travel for non-EU citizens will not occur for any EU country before 06/15/20. That is not factoring in that Luxembourg may extend that international travel ban farther or require a 14 day quarantine for international arrivals. Yes, some are saying he doesn’t have to travel, but I have seen nothing from anyone with proof this is true. So, if he Henry does have to be in Luxembourg for activation, the 15th is the best case scenario, but I would be leaning towards late June or early July. If anyone can give us more clarification, it would be greatly appreciated. However, I think the first two weeks in June is an overly optimistic guesstimate.
Cattbell 1952, is that your thoughts, or is that verifiable? Thanks!
I was invested a while back, but I got out breaking even. Has there been any mention of the gaming software they were promoting then? Thanks!
Regardless of the outcome of our investments, I pray that all of Phil nation stays healthy and safe. God is letting us know that he is still King. Money, political status, social status, nor self gratitude makes any difference when dealing with this crises. Everyone out there please use good common sense and support those that are risking their lives everyday to confront this once in a lifetime situation. We as a nation will get through this. Hopefully this company will be a shinning light after we do. However, if we all loose everything invested, I pray that everyone realizes that nothing trumps the fact that we have each other's backs when the chips are down and everything is on the line. We may dispute the facts about this and other stocks regularly, but that does not overrule the fact that we all ultimately want everyone to succeed. There is no place for petty differences anymore. God bless you all!
What did the bid get to today? Thanks!
TD Ameritrade allows PHIL purchases.
Is there any indication of how much PHIL has received in investments in order to dilute by another 5 billion. I am sure we are all hearing that number bouncing around, but imagine the fact that nobody has any true indication what the company got if true. With the way information is disseminated from the company, we may never have the answer to that question unfortunately.
I am sure several of you that have been fortunate enough to be offered investment opportunities have way more knowledge than some of us, but anything you can share would be greatly appreciated! Thanks!
If the projected Vinafilm revenues are legit, those will keep the company afloat, allow for financials, and provide money to help with the fund activation (along with other sources of course). Why rely on the fund for the audit, when you can complete the audit and possibly help with the fund. I realize revenue is not profit, but we really don’t know how much of each are out there. Go PHIL!!!!
It would be really nice to know how far along the audit is. How much have we paid the company working on it now for the production made? Once a second firm is added, how much time is left till completion. If we have to stick with one firm, what is the estimated time frame? I know there are always complications when dealing with an international company, However, news that the audit was say 80% or more complete would be significant. Also, now that Henry has stated the money for the fund activation will be there, all additional investments should go to the audit and financials prior to the diamond exchange. This is obviously just my opinion, but why skip step one and try to go to step four.
Just out of curiosity, why not take some of the money being received by investors to complete the Vinafilms audit first and post the financials with those positive revenues if they are there. That is one small step that could lead to the first substantial pps rise in a while. Rome was not built in a few weeks. Every small step leads to greater things. I do believe Henry is trying hard to complete the fund just like all of the other projects he had lined up in the past. One step at a time will lead this company to success. You have to chop a few trees to start in order to clear the forest. GO PHIL!
What is everyone’s thoughts about how good the news will be and how that will effect when it is released tomorrow? I feel that his tweet will be merely an update letting us know they are still working on the fund activation. The key to if it is good news will be if it includes a mention that funding for activation has definitely been obtained and it is a matter of completing the paperwork, possibly a specific date in the future for the activation, and the amount of money involved with the initial fund activation. (I think a note on when we will be current is overly optimistic.) Does anyone think any of those things will be tweeted tomorrow? If not, I figure the tweet will be after the close of the market tomorrow.
Did anyone else see this series of posts on Yahoo Finance?
RobertRobert40 minutes ago
Henry then called me back and said if i wanted to invest great, if not oh well..they got it covered..they got 8.6 million dollars from 3 investors and everything would be cleared up in 7 to 10 days
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Robert
Robert42 minutes ago
today i texted him about the .0000 stock price and my concerns going forward..here's his response..It doesn't matter Kris. We've got it covered. Thank you for your consideration but it's not important anymore. Best, Henry
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Robert
Robert45 minutes ago
i got Henry's cell phone and texted him, he was soliciting investors for cash, here's his first..I just sent you the documents regarding our Luxembourg bank funds, the Asia Diamond Exchange and the convertible promissory note. Please let me know if you can take advantage of this special opportunity since we only have a very short window and will not offer it at this level any more. Thanks.
Best regards, Henry
$50,000 is a big put if you are requiring nothing but to prove he has done anything he has stated in the last year. You better clarify the contingencies. We know he did go to Luxembourg when he said he did, and there is an actual fund he set up. You better attach that guarantee to a fund activation, buyback, etc... Also, you may want to check and see if that 50 grand may activate the fund. Despite the 50 grand, if he can guarantee the fund is over 100 million when you talk to him it may be worth it depending on how much stock you own. Good luck man!
Facts, and anyone else looking, I don’t question your post, the post on other boards, or any other information provided. I just seek additional follow up information if available. I think any and all information can help a savvy investor make better decisions. It is up to every individual to decide on their own the true nature of any info provided. I was not specifically pointing to you Facts. I was actually asking for anyone else who may have been approached for assistance to post any additional information that may have been provided. I honestly believe that most individuals involved in every board are truly posting what they have been told. Yes, I am aware that bad actors do exist, but is it hard to see any reason why they would be overtly active with a stock trading at 0.0001.
DJK, I had read the same thing. If 1) $800,000 is the sticking point, it is hard to believe that it is the more supervised fund which would more likely include large capital amounts, and 2) I cannot see that all of the shareholders being solicited would fall into the expert or institutional investor categories. That is not saying some of them may not be considered as experts as I do not know who all was contacted and their background. This is also not to say that this fund is small because I have NO way to verify that. However, It is strange that $800,000 is what is actually standing in the way of activation if the fund truly is massive.
Okay, if Henry has been asking individual shareholders for financial backing, one of two things must be true. Either working with “local” partners is not required to activate the RAIF fund, or Henry was going to pump the money provided to the local partners who could then pay their required amount (essentially providing funding to untrustworthy partners just to move things along). If scenario one is correct, then he could seek partners from anywhere. Did he start with shareholders because some had offered to assist, or was no other person or entity in the entire world willing to put up $800,000 for the real possibility of making that back 50 fold. There definitely appears to be a lot that shareholders are in the dark on. I am totally for PHIL taking off. I am just wondering if Henry provided any of this information to those he spoke with. Thanks!
I have not posted here in a bit. So, let’s be honest. How many investors here will honestly stay with PHIL past January 31st if either financial statements are not filed or the LUX funds are not activated? For those of you who Henry will respond to via text, let him know what the true responses to this are. Please respond to this so at last he will know the truth! GO PHIL (yes the company and not Henry).
So, where is this new site/news being posted. Thanks!
Happy New Year/Decade everyone!!!! May PHIL role in 2020!!!!
Also, I have been polite as I can be, but I have never received any response from Henry to my texts. What do I need to include to get any response? SMH
Kosova1, ask Henry how he plans on clearing those notes and how much they are worth. Is it through dilution, or does he have enough to pay for them? Also, how is the activation of the fund going? Has there been any change at all (has any of the local partners put up their part in the last couple days)?
Hoping that Henry will still answer someone’s/anyone’s texts, can we clarify how many local partners have not met their obligations since all text say partners and not partner. If anyone is lucky enough to get a response on that, try asking what all obligations have not been met. Thanks!
Mini, I have no beef with you or Facts. I have tried to back everyone on this board. Yes, not everything turns out to be 100% true. Therefore, I prefer to have everyone’s insight to make my own decisions. We don’t work for PHIL, so we put out the info we can.
For the life of me, I cannot figure out how it is so easy to switch partners on a fund that is so prestigious and regulated. Can he please let us know how these local partners are really that essential to such a substantial fund?
Facts, I was asking you, not someone else.
Facts, any luck finding out what progress was made with the partner they are working with to bring into compliance? Thanks!
The last tweet that was sent was at 6:17pm. Considering it came from a third party, that timing may not occur again. Let’s hope once Henry gets out of bed and has his morning coffee he will feel his progress yesterday is worth tweeting about. Even if not, maybe just a tweet stating that little progress was made yesterday, but we see a way forward for the fund to be activated at approximately (fill in the blank) time.
So, if this new press conference is taking place, a new booking would have had to be made there or quickly at some other location. Thanks for the info.
If a press conference is occurring later today or whenever, it would indicate members of the press have been invited to cover it. Is there anyway to find out what media outlets are involved? If so, we could monitor for related news releases from those organizations.
Oh yeah, I have texted Henry multiple times at the number provided by everyone in the last month with no response. I have no idea if it is because of the pointed questions I asked or the fact that he does not feel he can win me over with BS only. Maybe he would be better off answering some legitimate questions instead of softball questions. We shall see. GLTA!
I want to believe that there is still hope for the future here, but I am also realistic. I am not going to sell, but I will need a whole lot of help\solid info to advance my position. If ANYONE has info legitimizing extending my position, don’t hesitate to let me know. Thanks!
Since the positive prospective news, has there been any word on a verifiable drilling that will occur?
There was obviously never any basis for the 600 million dollars in the fund if you followed the posts. However, there was multiple indications that a large RAIF fund of substance would/will be activated soon. Although posts never mentioned a 600 million amount, they did verify that a RAIF fund did exist. Not to say that it may only be worth 10 bucks, but we know it was verified and that P&G was/is involved at one time. I just wish the transparency into the actual amount and the investors involved would be divulged. Without more transparency, everything is speculation (aka intriguing or junk).
For the life of me I cannot understand what is wrong with a PR or tweet stating that we had trusted partners who did not come through due to (fill in the blank). We now have backup partners who will come through because they are different than the prior partners in that they (fill in the blank). This will take approximately (fill in the time frame), and shortly after that we will activate the RAIF fund which will be valued at approximately (fill in the blank) once everything is completed. If the time frame is not substantially long and the expected fund amount it large enough, the PPS would still go up. If positive results are expected, there is no resin not to divulge that fact. A few short tweets are not good business.
Rufny, any indication why the partners who are now out were removed? “They did not hold up their end” is very vague and could mean that they were companies not capable and should not have been selected in the first place or companies who saw the writing on the wall and it sounded better to say they could not hold up their end. Also, we need some indication of why Vietnamese local partners are relevant if getting on the HoSE diamond index was never the intention to start with. If that is the case, why are local partners there needed at all unless it is related to Vinafilms in some way. Thanks!
I somewhat agree that the grey’s are not inevitable by the end of January based on the the OTC filing requirements and the arbitrary way in which they are enforced. I am more concerned about where the actions being undertaken by Henry (and any other employees if they actually exist) actually stand. Okay, the initial local partners did not come through. 1) What are local partners responsible for as opposed to international partners? 2) Has the loss of these partners and new local partners coming onboard had any negative impact on other, non-local partners (maybe P&G if that is legit)? 3) How will the overall amount in the RAIF fund be effected by changing partners? 4) Does changing partners cause a minor (1 to 2 week delay) or a substantial delay (multiple months)? 5) At what point will the fund fall through if not activated? Obviously, nothing will occur at all prior to the fund activation. Therefore, answering these questions either negatively or positively would allow for realistic expectations. No company wants negative news, but in this case, no news is causing way more problems. I, as an investor, can handle delays and a certain amount of negative news as long as it is not hidden or disguised and realistic expectations are presented. If Henry/PHIL is truly close to activating a very large RAIF fund, then there is still a lot of money to be made, but that idea is getting harder and harder to believe for sure! GLTA!