sy working and looking for good low priced growth stocks!
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Hope we get some kind of update on where Henry is right now? I hope he is on his way or in Italy getting SOMETHING finished!
Well, I am guessing Phil will have some recurring revenue from the Carbon token sales...that will help. Not much but it will be nice to see some decent recurring numbers.
ZZZZZZZZZzzzzzzzzzzzzzzzzzzzzzzz. Henry can't buy a gumball with his cash on hand! How is he going to assist others in achieving their goals?...SMH
Yeah it is about look for an exit time..that other one is much higher than Henrys dream pile now...SMH who would have ever thought that would happen?...The whole OTC makes me sick.
I Love that Henry is busy " helping " everyone bild up their business ops except for his own and the poor suffering shareholders...wow this guy is REALLY starting to piss me off...help yourself Henry!! Before you bend over backwards for everyone else...keeerist!
They are both the same fool Henry Fahman...
Thanks GS...Have a great weekend.
What was the volume and pricing?....
Come on Henry..
If one was set to steal all of someone's money but told them ahead of time, does that make it right?...
Empire Spirits Inc. to Release the World’s First U.S. Distilled USDA Organic Baijiu
8:45 AM ET, 04/21/2022 - GlobeNewswire
New York, April 21, 2022 (GLOBE NEWSWIRE) -- PHI Group, Inc. (www.phiglobal.com, PHIL), a diversified holding company currently engaged in PHILUX Global Funds, the Asia Diamond Exchange (“ADE”) project in Vietnam, mergers and acquisitions and investing in special situations (www.co2-1-0.io), is pleased to announce that Empire Spirits, Inc., a subsidiary of PHI Group, Inc., will be launching the first U.S. distilled USDA organic baijiu, a joint venture with Five-Grain Treasure Spirits Co., Ltd., (“Five-Grain”), a company with over one hundred years of tradition in Jilin Province, China. The product will mark the first in a series of ultra-premium organic baijiu spirits to be distilled in the United States.
Baijiu, a white spirit distilled from sorghum, similar to vodka but with a fragrant aroma and taste, is the world’s most consumed spirit that boasts sales of over USD 83 billion. Priced up to 10X that of a similarly aged Scotch Whiskey, baijiu is considered the king of all spirits.
In China, where over 90% of baijiu is consumed, there has been a concern in recent times of the safety of Chinese-made foods, particularly consumables. The Chinese have long realized their land, air and water are badly tainted. As Chinese consumers look increasingly to international goods, organic baijiu is one of the products that will fill a large void.
Empire Spirits, in cooperation with Five Grain Treasure Spirits Co., will use the finest, organically grown sorghum from Kansas and distill the product in California. The baijiu will then be shipped to China, where it will mature in our underground warehouses.
Whereas Kweichow Moutai Co., a baiju producer with a market of $350 billion, has become the largest alcohol company in the world, Empire Spirits aims to find a very lucrative niche in the baijiu business.
With over 90% of baijiu sold in China, there is a tremendous opportunity with the international and US markets. A case in point, Tequila had very low sales when it entered international markets, but soon captured a very significant portion of the alcoholic beverage market. We believe baijiu will even be a greater hit. The barrier so far has been because of the lack of marketing, harsh burn and the relative high alcohol content (53%) compared to traditional 40% of Western spirits.While our product will still maintain the integrity and keep the alcohol content the same, our unique manufacturing process produces a soft palatable taste that the internationals will definitely enjoy.
Mr. Jimmy Wang, Vice President of Five-Grain, commented: “By partnering with Empire Spirits to launch the world’s first U.S. distilled USDA organic baijiu, we are confident we will be able to make a big difference and become a major player in this sector.”
Henry Fahman, Chairman and CEO of PHI Group, concurred: “We are delighted to cooperate with with Five-Grain in this very special opportunity and are confident that it will create very significant value for our shareholders and all other stakeholders.”About PHI Group
PHI Group (www.phiglobal.com, PHIL) primarily focuses on advancing PHILUX Global Funds, a group of Luxembourg bank funds organized as “Reserved Alternative Investment Fund” (“RAIF”) (www.philux.eu), and building the Asia Diamond Exchange (“ADE”) in Vietnam. The Company also engages in mergers and acquisitions and invests in select industries and special situations (www.co2-1-0.io) that may substantially enhance shareholder value.
Safe Harbor Act and Forward-looking Statements
This news release contains “forward-looking statements” pursuant to the “safe-harbor” provisions of the Private Securities Litigation Reform Act of 1995. “Forward-looking statements” describe future expectations, plans, results, or strategies and are generally preceded by words such as “may,” “future,” “plan” or “planned,” “will” or “should,” “expected,” “anticipates,” “draft,” “eventually” or “projected,” which are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements as a result of various factors.
Contact:
PHI Group, Inc.+1-714-793-9227info@phiglobal.com
Source: PHI Group, Inc.
WELL WELL, LOOKIE HERE!
Next we hear from from the liar in chief will be a CC announcement with details to follow NEXT WEEK for sure...SMH..this guy Henry Fahman is the KING of Obfuscation. ( Well he was but people have his number now ) Put up or shut up Henry, no more spin or smoke and mirrors.
Coming soon for sure....That's as bad as me telling my mother I'd be good for now on...LOL. After like the 10th time she realized I was a liar...and standing by my word was just lip service.
Is anything REALLY for SURE these days? ~ NO, not where Henry Fahman is involved...BUT maybe is definitely in play! ~ Possibly.
Well that's all beautiful, but we need to see links and official filings before we actually accept these things as fact.
Bupkis most likely...
Have a very blessed Easter everyone.
Lately Henry Fahman has been making Charlie Brown look like an over achiever. Lets hope he can reverse his non event history and give us some REAL, SUBSTANTIAL news next week..If not we will see trips surely.
Looks like even the .000 crowd is bailing out on Henry...If you gave Henry Fahman an enema you could bury him in a shoebox! What a shame.
Serious question: What is the status of the much talked about dividend?..not the Buy Back, I know the date was changed a long time ago. Where does that stand today? Thanks; if ya know please reply.
Typical Henry Fahman..day late a few dollars short.. SMH ~ Fubar.
potentially available funds! WTF is that?...SMH this guy sucks...oh and lets push out the buybacks for a whole year now instead of a few months...what a clown. This may potentially be an investment! ~ LOL. ~ NOT! It is a shit show.
ONLY thing to do here is wait...nothing new there. I sure hope it ends up being worth it!.
We will likely get an announcement of a CC next week ~ today or tomorrow I would think. Maybe " EARLY next week " ya hear the echo?...O.K. I can handle this delay, I would have liked to see that Tweet early yesterday and not at 9 P.M. So there we have it, hurry up and wait. I suspect Henry is as stressed out as we are?...As Poker Pro said, he should try to not say ANYTHING until he has the news or event well in hand. Lets roll Henry.
I suspect something to do with Financing as he tweeted a few times when he was overseas that was what he was doing there...I sure hope so. He can't even put this ship in gear until he gets some money! ~ $$$$$$$$$$
Henry could have saved a lot of ulcers and headaches by announcing ( via Tweet ) the explanation of why information would be late in coming...not at 9 P.M.! Oh well, so now we assume things are going to be COMPLETED and just a little more time than originally expected will be needed,,,O.K. I am good with that explanation for now! Make it good Henry.
Henry Fahman ought to start selling Lube...the shareholders need some as he screws us all...SERIOUSLY HENRY?...You would screw up air.
No, Henry just FAIL longtime...
According to Henry Fahman everything is " Close " just not attainable it seems.
I just hope and pray the " news " we got so far early this week is not Henrys EXCITING news?...If that's all he has we are done...I think he majored in obfuscation in College?...He is damned good at that and making deals he can't pay for. Any of you go shopping with no money and fill a cart? Then go to the checkout knowing full well you have no means to pay for your items?...Pretty lame. We deserve better Henry Fahman. Get er done.
At this point it would be great to see anything of substance ina filing...especially some loan closings and terms.
Looks like I was supporting one mans dream only to find out it was / is a nightmare! I sure hope he got some kind of solid loan assurance while touring the Middle East...being a conference attendee isn't worth a pile of beans. It brings nothing to the bottom line. We need $$$$ and anything else is NOT going to move the company forward. The smoke and mirrors need to stop Henry Fahman...Get yer shiz together.
Henry does not need understandings or intents! ~ He needs COLD HARD CASH! $$$$$ Until he gets some, IF he gets some this company is stuck in the mud...that's just the truth of the matter. I am very tired of his BS, obfuscation ( He is the KING of this one! ) and half measures.
Sadly enough of these " Agreements " show liabilities and costs that must be met. If you owe a lot of money it hinders, not helps your lending prospects and rates...Henry Fahman needs to pull a really big rabbit out of his hat right about now! ~ $$$$$, Not talk, is needed here.
Another " Agreement " lovely work Henry Fahman. When will you stop making agreement's you have no money to make and start paying for and closing " Agreements " you made over a year ago?...Please forgive us for not sharing your excitement. Your dream has a cost and it is $$$$ How about you close on some of those wonderful loans with great terms you mention way back when?..
How is it that Henry Fahman has these plans to help various entities uplist to the NASDAQ, but he can't seem to get OUR company off the Friggin OTC pinkies?...Amazing. Does he really think this will make shareHOLDERS happy?..Nope I don't think so. He needs to get those loans closed and start signing off on deals.
Well I guess that surely means before Wednesday is over at least?...I hope he finally steps up and makes it good, solid news of a completed loan or two!
Well that would be nice, if Henry Fahman doesn't start getting funding you will see a BK filing before we see those prices...I think he will in the end get the collateral he needs BUT what will the terms be, or how many shares will be diluted to get the loans?...We just don't know if he can get it all together but he must in order to retain even a little credibility in the business world and with shareHOLDERS!
Lots of flippers getting shares before we pop...