#Logic.

Except. Let's hope most were arranged for back at trips and anything more now is icing.

Right, and again...$10m buys 25b at .0004 so why wouldn't this have been fully or mostly completed then?

Going to be very interesting to find out.

25b is a lot obviously, and would be unbelievably good for us, but I feel like could have been achieved back at .0001+

So curious how many now are already accounted for vs. how many left to get.

$10m buys 25b at .0004

So we're likely sitting well.

We only need 1 and this will start rolling.

Meaning we may not have any shares purchased info until the 10K, unless Henry decides voluntary to share the info in a PR or 8K.

Relevant comments in bold below.

Henry confirmed the buyback has been underway through negotiated deals with brokers and some individuals. The question is when will we see evidence of that, ie when are the shares "on the books" and retired?

Someone mentioned 8k's as the blocks are purchased, I'm not sure, but I believe repurchased shares need to be disclosed in a company's next quarterly filing that would include the purchase date, not necessarily in an 8k. If so, we would be waiting for the annual report.

Of course, somebody correct if I'm wrong.

Agreed. And I don't think enough people grasp the significance of Asia Diamond Exchange aside from the other PHIL accomplishments.

Which is very unfortunate as I like hearing from Henry live. He's very genuine and likeable.

Looking forward to the first block of BB shares if only to shut down the clowns.

I needed a day to separate from the cc antics.

Reading this transcript now I feel like I should take out a loan to buy more shares.

Re: Asia Diamond Exchange

Looking good. Different impression when reading it. Thanks for putting this together :)

$PHIL = ADE... so according to Henry we have the biggest players in the diamond industry on board, not to be revealed until the ADE press conference. If true and accurate, and so far as some connected dots seem to indicate, and if these partners turn out to be certain people who fit that bill, this ADE will turn out to be an unbelievably huge success.

#optimistic

Here's the thing, did Henry tell us the buyback was cancelled?

No.

Did he tell us that ADE isn't going to happen?

No.

If you take the emotion out of the equation, you realize that the CEO publicly confirmed that he is working with broker/dealers and individuals in negotiated buyback deals, which can now finalize b/c of current status. When that happens (blocks of shares on the books) we will know. (8k's as they come?)

The CEO also confirmed that Asia Diamond Exchange is in progress, we have rough diamond commitments in fact, and major known international players in the diamond trade are on board.

OK, it was verbal. So you have to assume
a.) it's true
b.) he's lying
c.) he's not lying, and his intentions are good, but it will fall through and no way it will happen

We do have dd that increases our odds he's not lying, and that it's not going to fall through. Could it? Sure, but what we don't have RIGHT NOW is dd suggesting failure, therefore at this point c.) would be FUD.

b.)? Everything so far Henry's said has come true, even if the timeline's been longer than expected. I, for one, don't have direct evidence of lying yet.

Therefore we are left with a.) which means we are at the literal beginning stages of a diamond exchange and all of the implications of that. Pretty good news.

Even 02 is cheap compared to 05. It's all relative based on where you think it has the capacity to go, within a time frame you can live with.

I'm still good.

Don't forget Henry dealt with communist prison guards in Vietnam. He'll be just fine.

Agreed. Thanks for posting.

A Buyback 8k will be the next immediate catalyst then.

Agreed. Seemed like he cut it short.

Also, I vote keep what you found to yourself and we wait it out.

Agreed. Seemed like he cut it short.

Also, I vote keep what you found to yourself and we wait it out.

He mentioned a group involved, anybody catch that?

What was the group named that in relation to Diamond Exchange info?

Didn't Henry mention some group involved?

A PR tomorrow would be nice to offset the effect of the cc.

Like the first block of BB shares maybe asap...

Agreed. I can do without the stupid comments.

Did he say Billion?

Vinafilms still under audit.

Henry's not providing details on APR other than working to make the dividend meaningful to shareholders.

Very soon hopes to publish the first block of shares bought back.

He cannot give amounts.

Re: Buyback Henry says he's worked with broker/dealers and some individuals but can't share specifics until on the books, as that happens it will be made public and we will see it.

Ready to get back on OTCQB!

Too bad some made a big deal out of this, doesn't concern me one bit.

Henry is reviewing why he can't be a broker, what happened back in the day.

Henry just closed it off for new logins due to capacity.

Logged in, better not boot me out for waiting too long :)

Pretty quick jump to 36, what happened?

Here we go. Approaching the day high.