Agreement with the majority shareholder of Saigon Pho Palace Joint Stock Company (“SGP”) in order to exchange 51% of all the issued and outstanding ordinary stock of SGP for Preferred Stock or a promissory note of PHI Group, Inc., either of which may be convertible into shares of a new subsidiary of the Company. The amount of Preferred Stock or the value of the convertible note of the Company to be issued for the exchange of the 51% equity interest in SGP will be based on the results of a valuation of SGP’s business by a professional, independent appraisal firm.

https://finance.yahoo.com/news/phi-group-saigon-pho-palace-144615153.html

$PHIL

According to the corporate resolutions filed in Form 8-K with the Securities and Exchange Commission on November 13, 2018, the Company amended the new dividend ratio and the new Record Date as follows: (a) Eligible shareholders: In order to be eligible for the above-mentioned special stock dividend, the minimum amount of Common Stock of PHI Group, Inc. each shareholder must hold as of the New Record Date is twenty (20) shares; (b) New Record Date: The new Record Date will March 01, 2019, subject to FINRA’s approval; (c) New dividend ratio: All eligible shareholders of Common Stock of the Company as of the new Record Date shall be entitled to receive one (1) share of Common Stock of American Pacific Resources, Inc. for every twenty (20) shares of Common Stock of PHI Group, Inc. held by such shareholders as of the new Record date; and (d) Payment Date: The Payment Date for the afore-mentioned special stock dividend is March 29, 2019;

https://finance.yahoo.com/news/phi-group-amends-special-stock-145625278.html


$PHIL

SGP Palace (www.saigonphopalace.com) has an excellent track record in the field of hospitality, construction and real estate investment and is currently developing a number of prominent projects in Ho Chi Minh City and other locations in Vietnam. It has been successfully operating a chain of restaurants that cater to wedding banquets and convention events and plans to build thirty-five more restaurants of this type by 2025. It is estimated that this market segment in Vietnam generates approximately $8 billion in revenue a year. In addition, SGP also has plans to build new chains of 50 “SGP Bulkoki” restaurants by 2025 and 200 “SGP X-N Coffee” shops by 2027. According to Mr. Quy Minh Le, SGP’s Chairman and General Director, its unaudited annual revenues are approximately over US$ 90 million and expected to rise sharply with the additional restaurant and coffee shop chains in the future.


https://finance.yahoo.com/news/phi-group-saigon-pho-palace-144615153.html



$PHIL

the company said they would r/s why is it a surprise? that's why it's cheap..jmho

I will gladly takes theses shares..Thanks for the insanity..lol..Can't wait for the next news to drop.. #LockednLoaded


$PHIL

The sky is falling ..oh the humanity ...lol.. bring it!

SkyAuction
Effective November 13, 2018, we acquired
SkyAuction under the terms of a merger agr
eement for which we issued 165,363,244 share
s of our
common stock, issued a warrant exercisable
for three years at an exercise price of
$.05 per share to Michael Hering to acquire
5,000,000 shares of our
common stock as a bonus for arranging the SkyAuction Merger and i
ssued a secured promissory note in the aggregate principal amo
unt of $2,500,000. The
secured note issued to SkyAuction provides for repayment in full
at the third anniversary date of the closing date of the merge
r, such principal amount to be
reduced by 15% of each capital raise we complete (less any finder’s
or underwriter’s fees) and interest at 3% per annum payable
at our discretion in common
stock or cash. The note is secured by a lien on the SkyAuction assets

https://backend.otcmarkets.com/otcapi/company/financial-report/210095/content


$QMKR

Current Ownership
Immediately after giving effect to the uBID Merger and SkyAucti
on Merger, our issued and outstanding securities as of the date
of this Current
Report on Form 8-K are as follows:
x
411,245,431 shares of common stock;
x
0 shares of Preferred Stock;
x
0 options to purchase our shares of common stock;
x
Warrants to purchase 10,250,000 shares of our
common stock at a price of $.05 per share.

https://backend.otcmarkets.com/otcapi/company/financial-report/210095/content
$QMKR

Very Nice ~ Future Undertakings
Following the closing of the Merger, we intend to undertake se
veral actions, including a reverse split within the range of 1:10
to 1:30, changing our
name to “uBid Holdings, Inc.” or such other name as may be accep
table to our shareholders and available in the State of Delawar
e, and changing the ticker
symbol to “UBID” should that symbol be available and approved
by FINRA. We also intend to file
a registration statement with th
e SEC within 90 days of the
Issue Date of the uBID Merger as required by FirstFire Global to
register those shares of our comm
on stock issued in the uBID M
erger as commitment shares,
upon conversion of the convertible note and for the warrant shares
issuable upon exercise of the warrant as set forth above, as
well as to cause our common
stock to be registered under Section 12(g) of the Securities Exch
ange Act of 1934, as amended. Thereafter, we intend to file an
application to list our common
stock for trading on the OTCQB. There are no assurances that th
ese actions will be approved by our shareholders, that our regis
tration statement will be
declared effective by the SEC or that our common stock will
be approved for trading on the OTCQB or any other exchange


https://backend.otcmarkets.com/otcapi/company/financial-report/210095/content

Nice action here

This was a gift ..jmho..locked and loaded$$$$

same here I just grabbed more myself.. nice hit..hard to imagine that i got so many I'm shocked actually..

Quy Minh Le, Chairman and General Director of SGP Palace, affirmed: “ We believe by combining our strengths we will able to create an unprecedented platform for SGP to reach new heights through robust growth and expansion. We are also confident that with proper financial resources we will be able to capture 20-30% of this $8 billion market segment in the next five to seven years and create very significant value for our shareholders.”



https://finance.yahoo.com/news/phi-group-saigon-pho-palace-144615153.html


$PHIL

SGP Palace (www.saigonphopalace.com) has an excellent track record in the field of hospitality, construction and real estate investment and is currently developing a number of prominent projects in Ho Chi Minh City and other locations in Vietnam. It has been successfully operating a chain of restaurants that cater to wedding banquets and convention events and plans to build thirty-five more restaurants of this type by 2025. It is estimated that this market segment in Vietnam generates approximately $8 billion in revenue a year. In addition, SGP also has plans to build new chains of 50 “SGP Bulkoki” restaurants by 2025 and 200 “SGP X-N Coffee” shops by 2027. According to Mr. Quy Minh Le, SGP’s Chairman and General Director, its unaudited annual revenues are approximately over US$ 90 million and expected to rise sharply with the additional restaurant and coffee shop chains in the future.


https://finance.yahoo.com/news/phi-group-saigon-pho-palace-144615153.html



$PHIL

According to the corporate resolutions filed in Form 8-K with the Securities and Exchange Commission on November 13, 2018, the Company amended the new dividend ratio and the new Record Date as follows: (a) Eligible shareholders: In order to be eligible for the above-mentioned special stock dividend, the minimum amount of Common Stock of PHI Group, Inc. each shareholder must hold as of the New Record Date is twenty (20) shares; (b) New Record Date: The new Record Date will March 01, 2019, subject to FINRA’s approval; (c) New dividend ratio: All eligible shareholders of Common Stock of the Company as of the new Record Date shall be entitled to receive one (1) share of Common Stock of American Pacific Resources, Inc. for every twenty (20) shares of Common Stock of PHI Group, Inc. held by such shareholders as of the new Record date; and (d) Payment Date: The Payment Date for the afore-mentioned special stock dividend is March 29, 2019;

https://finance.yahoo.com/news/phi-group-amends-special-stock-145625278.html


$PHIL

Pushing Higher for sure I would not be surprised to see .002 hit or break..jmho


$PHIL

Yes $PHIL charting higher everyday.. This candle is lit!!!


Pivot Point 2nd Level Resistance 0.0020
3-10 Day MACD Oscillator Stalls 0.0019
Pivot Point 1st Resistance Point 0.0018






https://stockcharts.com/h-sc/ui

I agree ..we have lots of positive News pending, Intrinsically $PHIL has huge potential not to mention the dividends...Any News good luck trying to get shares..jmho

It states the New Record date of dividend ...$PHIL
"Payment Date for the special stock dividend in American Pacific Resources, Inc., a wholly owned subsidiary of the Company, to March 29, 2019 to allow for further substantive developments of this subsidiary before filing a registration statement with the U.S. Securities and Exchange Commission for it to become a separate publicly traded entity.
The Record Date for this special stock dividend in American Pacific Resources, Inc. was June 29, 2018 and the minimum amount of Common Stock of PHI Group, Inc. held by each shareholder as of the Record Date was five (5) shares to be eligible for the above-mentioned special stock dividend. The Dividend Ratio remains to be the same as announced before: for every five (5) shares of PHI Group, Inc. Common Stock held by eligible shareholders as of the Record Date, these shareholders would have the right to receive one (1) freely tradable share of Common Stock of American Pacific Resources, Inc. when a registration statement is declared effective by the U.S. Securities and Exchange Commission.
https://finance.yahoo.com/news/phi-group-extends-payment-date-201802692.html

$PHIL

Yes amended.. Understand $PHIL is projecting 51 million in revenues for 2019..now again jmho... The only one thing stopping that is the closing of Saigon Pho Palace ..

"SGP Palace (www.saigonphopalace.com) has an excellent track record in the field of hospitality, construction and real estate investment and is currently developing a number of prominent projects in Ho Chi Minh City and other locations in Vietnam. It has been successfully operating a chain of restaurants that cater to wedding banquets and convention events and plans to build thirty-five more restaurants of this type by 2025. It is estimated that this market segment in Vietnam generates approximately $8 billion in revenue a year. In addition, SGP also has plans to build new chains of 50 “SGP Bulkoki” restaurants by 2025 and 200 “SGP X-N Coffee” shops by 2027. According to Mr. Quy Minh Le, SGP’s Chairman and General Director, its unaudited annual revenues are approximately over US$ 90 million and expected to rise sharply with the additional restaurant and coffee shop chains in the future."
https://finance.yahoo.com/news/phi-group-saigon-pho-palace-144615153.html


During the quarter ended September 30, 2018, the Company successfully closed the acquisition of 51% ownership in Vinafilms Joint Stock Company (www.vinafilms.com.vn), which generated $25 million in revenues and $765,000 in EBITDA in 2017 according to Vinafilms’ domestically audited annual report containing financial statements for the year ended December 31, 2017. Vinafilms has recently installed a German state-of-the-art plastic film processing system and plans to add two more of these to meet the growing domestic and international demand for its products. Vinafilms also plans to enter a joint venture with a leading Vietnamese plastic bag manufacturing company with an aim to bring combined revenues to over $150 million per year by the end of 2019. PHI Group is currently conducting the financial audits of Vinafilms according to the U.S. Generally Acceptable Accounting Principles (GAAP) and will be able to report consolidated operating results from Vinafilms JSC for the quarter commencing October 1, 2018.



$PHIL

https://finance.yahoo.com/news/phi-group-comments-operating-results-142859060.html

Agreement with the majority shareholder of Saigon Pho Palace Joint Stock Company (“SGP”) in order to exchange 51% of all the issued and outstanding ordinary stock of SGP for Preferred Stock or a promissory note of PHI Group, Inc., either of which may be convertible into shares of a new subsidiary of the Company. The amount of Preferred Stock or the value of the convertible note of the Company to be issued for the exchange of the 51% equity interest in SGP will be based on the results of a valuation of SGP’s business by a professional, independent appraisal firm.

https://finance.yahoo.com/news/phi-group-saigon-pho-palace-144615153.html

$PHIL

The Corporate video focuses on Phi Group’s deep understanding of the economy and business opportunities in Vietnam, particularly in the plastics film industry. Yesterday the Company announced the completion of the acquisition of Vinafilms Joint Stock Company, a fast-growing manufacturer of plastics film products in Vietnam with 2017 revenue of $25M.


To watch the video, click here:

PHI Group is currently conducting the financial audits of Vinafilms according to the U.S. Generally Acceptable Accounting Principles (GAAP) and will be able to report consolidated operating results from Vinafilms JSC for the quarter commencing October 1, 2018.

https://finance.yahoo.com/news/phi-group-comments-operating-results-142859060.html

$PHIL

Fact is News can drop anytime now ..I know update on this is coming

SGP Palace (www.saigonphopalace.com) has an excellent track record in the field of hospitality, construction and real estate investment and is currently developing a number of prominent projects in Ho Chi Minh City and other locations in Vietnam. It has been successfully operating a chain of restaurants that cater to wedding banquets and convention events and plans to build thirty-five more restaurants of this type by 2025. In addition, SGP also has plans to build new chains of 50 “SGP Bulkoki” restaurants by 2025 and 200 “SGP X-N Coffee” shops by 2027. According to Mr. Quy Minh Le, SGP’s Chairman and General Director, its unaudited annual revenues are approximately over US$ 90 million and expected to rise sharply with the additional restaurant and coffee shop chains in the future.

https://finance.yahoo.com/news/phi-group-forms-subsidiary-m-130412441.html

$PHIL

$PHIL Building Pressure Now..Heads Up!


https://stockcharts.com/h-sc/ui?s=PHIL

Good Morning ~ $PHIL shareholders !!!Big Day Here $$$

Pivot Point 2nd Level Resistance 0.0020
3-10 Day MACD Oscillator Stalls 0.0019
Pivot Point 1st Resistance Point 0.0018






$PHIL

Charting Higher $$$$$ ~ https://stockcharts.com/h-sc/ui?s=PHIL



$PHIL

Payment Date for the special stock dividend in American Pacific Resources, Inc., a wholly owned subsidiary of the Company, to March 29, 2019 to allow for further substantive developments of this subsidiary before filing a registration statement with the U.S. Securities and Exchange Commission for it to become a separate publicly traded entity.
The Record Date for this special stock dividend in American Pacific Resources, Inc. was June 29, 2018 and the minimum amount of Common Stock of PHI Group, Inc. held by each shareholder as of the Record Date was five (5) shares to be eligible for the above-mentioned special stock dividend. The Dividend Ratio remains to be the same as announced before: for every five (5) shares of PHI Group, Inc. Common Stock held by eligible shareholders as of the Record Date, these shareholders would have the right to receive one (1) freely tradable share of Common Stock of American Pacific Resources, Inc. when a registration statement is declared effective by the U.S. Securities and Exchange Commission.
https://finance.yahoo.com/news/phi-group-extends-payment-date-201802692.html

$PHIL

Ms. Do Thi Nghieu, chairperson and majority shareholder of Vinafilms JSC, said: “We look forward to being able to use the U.S. public company platform to access international capital markets to finance both organic growth and potential accretive acquisitions for Vinafilms in the near future.”


https://finance.yahoo.com/news/phi-group-closes-acquisition-vinafilms-150934794.html


$PHIL

"Vinafilms also plans to enter a joint venture with a leading Vietnamese plastic bag manufacturing company with an aim to bring combined revenues to over $150 million per year by the end of 2019."

https://finance.yahoo.com/news/phi-group-closes-acquisition-vinafilms-150934794.html



$PHIL

Vinafilms’ customers include many reputable and loyal Vietnamese and international companies such as Saigon Plastic Packaging Co., KyVy, Huhtamaki, I.S., Vinamilk (https://www.vinamilk.com.vn/en), Tribeco (http://tribeco.com.vn/en/), Trieu Chen Co. Ltd., Friesland Campina, Tong Yuan Packaging Co., and PepsiCo (https://suntorypepsico.vn/).


https://finance.yahoo.com/news/phi-group-closes-acquisition-vinafilms-150934794.html



$PHIL

PHI Group Closes Acquisition of Vinafilms JSC


https://finance.yahoo.com/news/phi-group-closes-acquisition-vinafilms-150934794.html


$PHIL

The Corporate video focuses on Phi Group’s deep understanding of the economy and business opportunities in Vietnam, particularly in the plastics film industry. Yesterday the Company announced the completion of the acquisition of Vinafilms Joint Stock Company, a fast-growing manufacturer of plastics film products in Vietnam with 2017 revenue of $25M.


To watch the video, click here:

Agreement with the majority shareholder of Saigon Pho Palace Joint Stock Company (“SGP”) in order to exchange 51% of all the issued and outstanding ordinary stock of SGP for Preferred Stock or a promissory note of PHI Group, Inc., either of which may be convertible into shares of a new subsidiary of the Company. The amount of Preferred Stock or the value of the convertible note of the Company to be issued for the exchange of the 51% equity interest in SGP will be based on the results of a valuation of SGP’s business by a professional, independent appraisal firm.

https://finance.yahoo.com/news/phi-group-saigon-pho-palace-144615153.html

$PHIL

Quy Minh Le, Chairman and General Director of SGP Palace, affirmed: “ We believe by combining our strengths we will able to create an unprecedented platform for SGP to reach new heights through robust growth and expansion. We are also confident that with proper financial resources we will be able to capture 20-30% of this $8 billion market segment in the next five to seven years and create very significant value for our shareholders.”



https://finance.yahoo.com/news/phi-group-saigon-pho-palace-144615153.html


$PHIL

SGP Palace (www.saigonphopalace.com) has an excellent track record in the field of hospitality, construction and real estate investment and is currently developing a number of prominent projects in Ho Chi Minh City and other locations in Vietnam. It has been successfully operating a chain of restaurants that cater to wedding banquets and convention events and plans to build thirty-five more restaurants of this type by 2025. It is estimated that this market segment in Vietnam generates approximately $8 billion in revenue a year. In addition, SGP also has plans to build new chains of 50 “SGP Bulkoki” restaurants by 2025 and 200 “SGP X-N Coffee” shops by 2027. According to Mr. Quy Minh Le, SGP’s Chairman and General Director, its unaudited annual revenues are approximately over US$ 90 million and expected to rise sharply with the additional restaurant and coffee shop chains in the future.


https://finance.yahoo.com/news/phi-group-saigon-pho-palace-144615153.html



$PHIL

Gap Higher Monday $$$$$...Big News Pending

PHI Group Inc. (PHIL)
Other OTC - Other OTC Delayed Price. Currency in USD
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0.0017+0.0003 (+21.43%)
At close: December 28 3:59PM EST

$PHIL

According to the corporate resolutions filed in Form 8-K with the Securities and Exchange Commission on November 13, 2018, the Company amended the new dividend ratio and the new Record Date as follows: (a) Eligible shareholders: In order to be eligible for the above-mentioned special stock dividend, the minimum amount of Common Stock of PHI Group, Inc. each shareholder must hold as of the New Record Date is twenty (20) shares; (b) New Record Date: The new Record Date will March 01, 2019, subject to FINRA’s approval; (c) New dividend ratio: All eligible shareholders of Common Stock of the Company as of the new Record Date shall be entitled to receive one (1) share of Common Stock of American Pacific Resources, Inc. for every twenty (20) shares of Common Stock of PHI Group, Inc. held by such shareholders as of the new Record date; and (d) Payment Date: The Payment Date for the afore-mentioned special stock dividend is March 29, 2019;

https://finance.yahoo.com/news/phi-group-amends-special-stock-145625278.html