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Actually it looks like it expires in May. I just glanced at it.
Unrelated, does anyone have a good online forex for vnd/usd? Looked into one today but it seems limited.
Same. Would love to not have to work anymore.
Uhhhhhhhhhhhhh... I'm not much for sites that try to predict a stock's value... particularly when that stock has not gone current with fins... but I saw this on Twitter... Has anyone addressed it yet? And maybe I just missed the post?
Either macroaxis website is drunk... or some huge is coming down the pipeline for $PHIL. Nice evaluation right now. pic.twitter.com/wB7mOzpMHA
— nosleep-OTCTrader (@gingermaker1) April 4, 2021
Right??? Lol
YUP!
My opinion... for what it's worth... and what some of us feel was hinted at by Henry in the last CC... maybe Facts' crystal ball can provide some insight...
The date of record for the dividend was supposed to happen all the way back in 2019. It obviously fell through for several reasons, the main one being that there really weren't any revenues coming in related to APR and it wouldn't have been anything other than pure speculative value to shell out. That would have instantly tanked the value of the shares and you would have had a spinoff that instantly landed in trips. Which kinda defeats the purpose of a dividend. It's been delayed several times since then. Currently the date of record is June 30th, 2021. It would not surprise me if it was put off again.
I am NOT definitively saying that it will be nor am I saying that APR has nothing of substance or that it is worthless.
What I AM saying is that it took most of the last two years to lay the groundwork for something even bigger than APR. Henry rightfully threw all of his focus into that and APR had to sit in the back of the car for a while instead of the passenger seat. Most of his focus is still and SHOULD still be on the diamond exchange and the LMLC. I don't know how much time he has had to put into APR, none of us know anything about any revenues, and with Henry bringing back GILDEX to the table the form that the dividend is going to take is still up in the air. That's not even including the time it would take to file the paperwork for the company, audit the records of the company, and get the IPO set up.
IF it gets put off again, it would only be to create stronger value for the spinoff which ultimately benefits all of us. We'll just have to wait and see what happens as we get closer.
We are PHIL.
PHIG is the Phi Group, Inc. that does air ambulances and helicopter services for oil companies.
Not the same company.
People writing articles lump us together because THEY don't do their due diligence. Which has actually caused people to invest because they think we're bubbling crude... oil that is. Black gold. Texas tea.
*queues banjo*
His crystal ball isn't broken. It's just made of plastic.
#Vinafilms
You have tea leaves... Facts and Tradewind have their crystal balls... I started getting into throwing bones. I'm hoping Henry throws some back.
PREACH!
Like Wilson said. Relax.
You can't have Henry buying back MORE shares AND have the PPS skyrocket simultaneously. Once it takes off, buy back is going to dry up. Henry doesn't have an unlimited war chest. The longer it stays low, the more he can buy, and the higher it will go when he retires the shares. The price has been relatively stable all week, which means that if it has been diluting, the market cap is actually going up. We'll get there. Just takes time and paytience.
I shouldn't say finalize. A better way to put it would be to continue moving forward with Securing the land.
If I remember correctly hes going to Vietnam to meet with the government reps to finalize the deals on that 600 ha. Amongst other things. Money isnt moving quite yet.
If you can't afford a new truck with 6M shares and with her prediction of $2 per share, your dealer might be scamming you... XD
Re-reading that... a lot of those key points run parallel to what he's doing with the Lux Fund. Not to rain on my own parade, but it's also possible it's street cred to draw more investors into the Lux.
I have another guess that I just came up with... mine is that Henry is going to start creating mutual funds... using PHIL subsidiaries as part of his baskets...
Here's what I found on Investopedia...
- Registered investment advisors (RIAs) manage the assets of high-net-worth individuals and institutional investors.
- RIAs can create portfolios with individual stocks, bonds, and mutual funds; they may use a mix of funds and individual issues or only funds to streamline asset allocation and cut down on commission costs.
- An RIA usually generates revenue through a management fee, which is made up of a percentage of assets held for a client—the average is at around 1%.
- An RIA must register with the Securities and Exchange Commission (SEC) as well as with any states in which they operate.
What does being an RIA mean for PHIL? Meaning what advantage does it have that PHIL doesn't already have as a consultant?
I like your style!
Pretty much. Probably would have worked better if I went with "INCONTHEIVABLE!!!"
THAT'S NOT TRUE!!! THAT'S IMPOSSIBLE!!!
Seriously? You sure? My cousin is a proctologist and he said the coursework can be a real pain in the @$$.
My magic 8 ball told me a rumor that when Phil blasts off, Wilson is giving free medical care to all Phil shareholders. Which is good because on an unrelated note, I got confused and drank all the ink in my magic 8 ball.
Same. Lots of planning. Hoping Im not getting too far ahead of myself. At this point, priority one for me is just being able to finally retire.
This stock is the only reason I look forward to Mondays.
Or if he's intentionally waiting because the resulting raise in pps from any good news will affect how many shares he can buy back.
Yeah I remember. Im just wondering if somehow it makes the auditing go faster? Or if he thinks that it will have a larger impact on the pps.
Next round of Qs are from 2020. Current O/S or dilution shouldn't affect them, right?
Is it April yet?
The working theory is that it's part of the buy back. Buy back has to be limited to no more than 25% of the daily volume and these trades "coincidentally" happen to be 25% of the volume.
... I like you already.
Basically. Just as evil.
I would avoid looking at numbers from the past... it was $12.00 per share in 2012 because there was a 1500:1 "thing that shall not be named".
Just tell everyone you invested in Vandelay Industries.
Poor Cordova. He's only had to wait 22 years.
I second this. Good to have your DD back DJK.
It was mentioned as a possibility.
Nooooooo worries... I wish it was as easy as looking at the restricted and preferred and every other form of issued shares to figure out how much is left but those are already accounted for in the O/S. It doesn't tell us how many are in the hands of a lender.
BUT... the conversion is almost over regardless. And the buy back should make the O/S irrelevant anyway.
No.
In simple terms, an investor gives a loan to a publicly traded company in exchange for convertible bonds. The bonds give the investor a right to buy shares from the company at a low, agreed-upon price. Essentially, it acts as collateral. If you don't pay those loans back, the investor can choose to recoup some of his losses by cashing in the bonds and allowing them to convert into the agreed upon shares... diluting the stock by adding to the outstanding shares count.
If he did... and I'm NOT saying he did... but IF he did... well one way or another we'd be getting closer to the end of dilution. XD
Cap went up, O/S went up and technically the PPS went up since it had been sub 2s but over the course of the last couple weeks has been relatively stable. Some days higher than others.
Yes... but so did the O/S.
Market cap = O/S x PPS. Its not synonymous with the actual equity of the company. It's a reflection of many factors, mostly investor confidence and supply/demand. (I know that you know... I'm not trying to belittle you.)
However... what is really impressive (which I think is what you're saying) is the fact that the O/S went up... and the PPS also went up from the sub 20s... which is indeed promising.
I'd rather have it go up purely because of the PPS and not the O/S.
But the fact that we gained over a billion O/S in the last two weeks and still had a relatively stable PPS comparatively... whether as a result of someone buying back shares or investors grabbing more and holding the line... or both... I'll take it as a win. The buy back will make the current O/S irrelevant.