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Thanks!
I try to be consistent. Some of us can see the writing on the wall, some of us can't.
You call that a bounce play?
Small timer.... It will be back to 6's by the end of the day.
This weeks carrot from Henry.
But I thank you! Was able to dump the last 350,000 of PHIL in my TDA account. I'll keep a M in my Schwab account in case it goes to a penny again.
Classic Henry. Lots of talk and no deal closed. Be interesting to see if he will dilute into this pump.
Got a link?
Lots of big dumps today.
People are slowly loosing interest in this one.
Plan on another big beat down.
Probably right after lunch. Might hit a new daily low. Flippers and MM's are having too much fun to leave this alone. If they can run it down to .017's then look for a new high in the morning or the next day or two.
Thanks, done good before.
This is a pure pump and dump play, period. Get in...get out. Matt and his family have a long history of being scammers. Play it accordingly.
Absolutely true.
But you can still make a buck on this one. With the cult following it has I've seen it run to .10 on just rumors. Even with Matt diluting if he can show even a small profit this could run to a dime easy enough. I got back in at .0204, lets see what happens.
We get nothing from Glink.
Maybe some consulting fees.
https://www.globenewswire.com/news-release/2020/01/14/1970336/0/en/Glink-Apps-JSC-Retains-PHI-Capital-Holdings-to-Assist-in-IPO-and-M-A-Plans.html
Nope, still dreaming about that...
I did pay off my house and bought the wife a new car from the 2021 run. Might still have a chance for that motor home yet. Go Matt! Go pumpers!
Could be.
Weve seen crazy runs to .10 before based on nothing but pure pump. I might jump back in if it goes under .02 just for giggles.
Why?
I've made good money off of INND. I played last years pump for $44,000. Missed this one, but I'll wait for sub penny.
I've got 6 years of history playing this one. If you think Matt has changed his spots....good luck to you.
Yup, it's pretty obvious now.
I was watching close when it was down in the .002 range and kept telling myself...time for a pump and dump run...didn't buy...DOH! Just wait a few weeks and it will be back down there again.
This was the annual pump and dump.
Like clockwork.
So are you.
It's sad that this had to happen.
At some point, even the most diehard Henry fanboi will hang their heads in disgust.
Many here have forgotten how long this thing was parked at .0001. That time is coming again. That will be the time to load up and then wait for another good carrot.
My plan: buy 10M at .0001 and wait for that fake pump to .001 and dump it all, take my $10,000 and call it a day. Heck it might even run to .01. That would be awesome! BUT...be ready to sell. Marrying this one in hopes of NASDAQ or even OTCQB would be a fools folly.
99.9% Vinafilms and KOTA announcement next week!
Right from Henrys lips.. scroll to 19:30 and Henry assures us NEXT WEEK!
Un fortunately, he lied again because this was Jan 27 and we STILL have not heard about VF or KOTA. The man is a habitual liar.
Here is the last CC.
Henry says the words "soon" "very soon" and "this week or later next week" and "very, very exciting" at least 8 times in the course of this CC. This was back in May.
He also mentioned 2 new loans but there has not been any SEC filing discussing them. Thank goodness for that Safe Harbor! Next CC lets start a drinking game. For every time Henry says "soon" you have to take a shot. By the end of the CC we'll all be too drunk to even care what he says.
Nice!
Good luck to you!
Feel free to show me the math.
Last year we hit .01 trading 345M shares and a share count of less the 24B O/S. A trillion might be a little high but several billion in trades would be needed even at the lower O/S count.
But .10 SP is whats really ridiculous. Maybe somebody smarter then me, and certainly you, would like to show us the calculations to estimate volume needed to achieve .10 with 32B o/s.
Mathematically impossible.
With more then 32B shares out there now it would take volume in the trillions to just move us near .01
Nothing in the financials say he gave Choky a dime.
I've gone over the SEC filings with a fine tooth comb and the only mention is what I posted. PHIL has a "letter of intent agreement" nothing more. That is NOT a contract or legally binding agreement.
As far as what Henry says in CC's you do know why he reads the safe harbor at the very beginning of each CC, right? This gives him a legal right to say anything he wants without somebody coming back to say..."but you said we would go to NASDAQ on vinafilms audit, I'm a gonna sue you."
Those SEC filings tell the story of PHIL. Too bad people don't look at them.
An old saying goes like this:
"A fool and his money are soon parted." By the end of October, there will be a lot of fools.
The next financials will show a continuation of this:
Net income (loss):
The Company had a net loss of $6,553,178 for the fiscal year ended June 30, 2021
Net income (loss):
The Company had a net loss of $1,321,805 for the fiscal year ended June 30, 2020
Net income (loss):
The Company had a net loss of $2,929,661 for the fiscal year ended June 30, 2019
Net income (loss):
The Company had a net loss of $2,026,320 for the fiscal year ended June 30, 2018
Net income (loss):
The Company had a net loss of $1,560,718 for the fiscal year ended June 30, 2017
Net income (loss):
The Company had a net loss of $7,998 for the fiscal year ended June 30, 2016
Net income (loss):
The Company had a net loss of $1,368,915 for the fiscal year ended June 30, 2015
Net income (loss):
The Company had a net loss of $255,994 for the fiscal year ended June 30, 2014
Net income (loss):
The Company had a net loss of $884,047 for the fiscal year ended June 30, 2013
Nice guess. But it's Aug now.
Read those SEC filings!
Then you all don't have to make wild, stupid and unsubstantiated claims about what the company is doing.
Henry doesn't care if any of his bogus deals work out. PHIL pays him a very NICE salary to fly around and flap his lips.
NOTE 7- DUE TO OFFICERS AND DIRECTORS
Due to officers and directors, represents loans and advances made by officers and directors of the Company and its subsidiaries, unsecured and due on demand. As of June 30, 2021 and 2020 , the balances were $1,720,323 and $1,696,274, respectively.
Officers/Directors June 30, 2021 June 30, 2020
Henry Fahman 1,056,973 1,032,924
Tam Bui 663,350 663,350
Total $ 1,720,323 $ 1,696,274
According to the last annual report. https://www.sec.gov/Archives/edgar/data/704172/000149315221027523/form10-ka.htm
Here is the deal with Choky = BUPKISS!
According to the last 10Q:
9. AGREEMENT WITH CHOKY F. SIMANJUNTAK (CYFS Group)
On August 02, 2021, the Company signed a Letter of Intent with Indonesia-based CYFS Group, headed by Mr. Choky Fernando Simanjuntak, to sponsor and co-found CO2-1-0 (CARBON) CORP to implement a new disruptive carbon mitigation initiative through environmentally sustainable projects starting in Indonesia, Vietnam, other ASEAN countries, and worldwide. On September 21, 2021 CO2-1-0 (CARBON) CORP was incorporated as a Wyoming corporation to manage this program. PHI Group will contribute a major portion of the development budget and will hold 50.1% shares of CO2-1-0 (CARBON).
I could not find any signed contract or further SEC filing saying the deal actually was done. There MUST be an SEC filing if Henry is coughing up money or a contract was finalized. The next 10Q will tell us all we need to know.
Thanks for that.
We needed a good laugh on this boring Weds.
Got it, thanks for nothin.
Got it,thanks for your help.
Whats all this Oct 22 nonsense about?
I'm thinking .25 - .50 by year end.
52172
Thursday, August 05, 2021 8:22:02 AM
Re: CanItBThisEZ2Make post# 80279
Post# of 106187
It's impossible to predict but if you ask me I'd have to say between .25-.50.
That said...I'm a buyer at .0001
Or longer..
Restricted Stock Units (RSUs) are a type of stock-based compensation awarded to employees over a set period of time.
RSUs initially have no financial value, but are instead a promise to the employee that they will receive stock at a specified time in the future.
RSUs are structured to vest when a certain number of years or months have passed, or when certain milestones have been reached.
Once the RSUs vest, they will have a financial value, unless the underlying stock has been wiped out.
https://www.investopedia.com/articles/financial-advisors/110915/restricted-stock-units-what-know.asp
I stand corrected. They can be used for collateral.
But he amount you can borrow against them is very low. As low as 5%. Anybody using restricted shares as collateral would have to be really, really desperate for money.
https://www.forbes.com/forbes/1999/1101/6411420a.html?sh=3ea5700e79bb
Then there is still the vesting timeline. Thats when you actually get the shares. Restricted shares given to employees have a date when they can be sold. They are also considered to be income so you pay taxes on them.
Sorry...wrong.
You can't use restricted shares for closing deals or collateral.
"Restricted stock units (RSU) are stock-based compensation awarded to employees. As noted above, the RSU will vest over a predetermined amount of time, at which point you can access the stock to do as you wish."
Restricted stocks are used for bonuses or to reward employees. Somebody got a nice bonus.
https://www.myopenadvisors.com/restricted-stock-units
If Henry stays silent, 6's...
will join the 7's. Never to be seen again. By October I wouldn't be surprised to see 4's the new normal. Or maybe even lower.
It's all up to Henry. Do something or don't do something. The share price rests in his hands.
Happy anniversary Bro!
52172
Thursday, August 05, 2021 8:22:02 AM
Re: CanItBThisEZ2Make post# 80279
Post# of 106187
It's impossible to predict but if you ask me I'd have to say between .25-.50.
Note to self...Don't ask this dude what the price will be in a year.
I wish you the best of luck!
I hope for all of us I'm wrong. Please no begging for forgiveness. If I'm right, consider it a learning experience. Or wrong for that matter. Playing in the stock market is a long term learning experience.
I'd love to see those days come back.
I have a 2 click limit and play a million shares at a time. Not worth 1 click for $100 minus fees. I certainly won't get rich but if I make a couple of hundred bucks a week it sure beats the hell out nuthin and waiting and hoping.
To each their own. I'm not advocating flipping by any means. But my personal opinion is that this one is like so many other stocks I've owned that probably will never see that moon shot. My shares are free and I make profit when I flip...why not?
This is true.
But a loss is a loss when it comes to going to a bank for a loan. They don't care if you paid your taxes or not.
Heres a link to PHIL sec filings. look em over.
https://www.sec.gov/edgar/search/#/ciks=0000704172&entityName=PHI%2520GROUP%2520INC%2520(PHIL%252C%2520PHIG%252C%2520PHIGW)%2520(CIK%25200000704172)
Henry does make money and some years had a decent cash flow. But the problem is he is a terrible businessman and spends WAY more then he makes. LOTS of toxic debt and high interest short term loans. And he pays for everything with shares which hurts us.