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I agree with this. One last converted note and we are all done. Clears the way for big things ahead.
The companies themselves can’t buy and hold PHIL shares, but their revenues which go to Henry can be used for buy back. You’re misunderstanding this law, it’s very simple really. We appreciate the attempt though!
Who says the situation is getting worse? The company we might be acquiring has financial goals of 600 million USD a year! Got to spend money to make money. The future looks incredible for PHIL.
The very definition of “stair stepping” up. Flippers may be sad by this news, longs are overjoyed
Henry told us that this stock may be volatile in the short term. If shares are being added than this means deals are being done and big plans are in the works.
Seems like just a week or two ago this was his last post ever on this board…
Any word on Safemoon exchange for iOS?
What were the changes in this 8k? Is it different from the last one?
Absolutely!
Luckily I got some powder clearing Monday!
What if it was part of the Employee Benefits package? Dilution without context is just spreading FUD.
Wtf, who are you and where did that “research” come from?
Lol, awesome.
With billions set to be retired, thus creating an entirely different share structure. The way this moves it would seem the vast majority of shares are locked up.
I know it’s something that gets said a lot here, but man, I am really happy we get a last chance to buy below a penny. This is incredible. Henry’s goal is to have us on major exchanges and we can buy tickets for insane prices.
I like how bears and bashers keep moving the goalposts. First it was “Vinafilms doesn’t exist”, now it is “Ok, Vinafilms exists but it doesn’t have 4 locations”.
I wonder if this was the “pearl” parable he was alluding to a few CC’s ago. Or maybe that was Glink?
Henry, if you’re reading this, may you please include “projected revenues” on the 10-k?
Yup, it’s a M&A company, they’re not living up to their business model if they’re not constantly acquiring new businesses and seeking new ventures.
They never have any proof, just finances from 20 years ago and wired, tired insults.
Maybe. He might have sold them all, or never sold in the first place. He’s not a celebrity, and I hope he leaves this board.
Don’t really care what your share amount is. You’ve lost credibility on this board and your scare tactics were reprehensible. Shame on you.
I mean Vietnam is and has been locked down. That’s not Henry’s fault.
The most I’m holding out for in the 10-k is projected revenues. I think that would help the price stay above a penny until November.
And once again, you’re leaving out the fact that he erased debt from the company and that restricted shares can’t be touched for a whole year. Tell the whole story.
It’s not dilution. He’s not going to tank the stock right after he bought shares.
Go Henry!!!!
Ain’t no way you have the best interests of shareholders at heart.
Ain’t no way to spell “Phoenix”
I agree, there’s too much coming up for PHIL for people permanently ditch their shares. Right now it’s just a game of chicken to see how low the price will go before everyone who sold buys back in.
Yessss! Post and update this every day. We can all get shortsighted on the OTC and it’s important to remind ourselves why we are holding and what we are holding for.
You’re right, people should get out of the Ranch and put their money in PHIL instead!
The fact we have a Lux Fund tied to a large auditing institution is reason enough to hold. Most stocks on the OTC don’t even have that, just rumors.
Not sure the Ernst and Young, the Vietnamese government and Dr. Smet, who created the Dubai Diamond Exchange would align themselves with a “petty crook.”
Unless this is a heist movie with Henry, and if that’s the case then I’m all in.
I think this is a very good thing. And for those who may complain, well, this is what they asked for every time they complained about the tweets. The juicy PR’s without warning will make people think twice about flipping and shorting.
Followed by many uplifting days as the year progresses. Vinafilms revenues will be on financials, and I intend to be holding shares when that bomb drops
The company just became current again and projects are coming online. It’s not up to Facts, if people want to sell, then by all means go for it.
I’m happy to wait for all the pieces to be in order this year for my phillions. Like I’ve been saying all along, Henry is more interested in the long term growth of his company, not appeasing flippers.
And this extension gives time for more subs to come online.
Buyback before the end of December according to the extension he filed. I’ll stick to that unless I hear differently or something else is filed.
Prove what? Why else would 25% of the daily total trading volume be purchased for months on end if not for buyback? Henry confirmed that buyback is a priority and that “we have already made arrangements for some groups. For lots of shares to be bought.”
Has the buyback happened yet? No
Will the buyback happen? Yes
You’re arguing semantics at this point. T-trades happen, billions of shares are being held by financial institutions, they just need to be paid for. These companies would not have collected them in the first place if Henry did not have a way to pay for them. Buyback will happen sometime before the end of the year as stated in the extension he filed.