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We will see soon this week!
Usually LOI's inform the company's plan, then definitive agreements with more details will follow.
MYSN files Annual Report and posts news this morning:
http://www.otcmarkets.com/financialReportViewer?symbol=MYSN&id=157347
http://www.otcmarkets.com/stock/MYSN/news/Myson-Group-Files-Annual-Report-for-Fiscal-Year-Ended-December-31--2015?id=135844&b=y
MYSN puts out news release:
http://www.otcmarkets.com/stock/MYSN/news/Myson-Group-Files-Quarterly-Report-for-Period-Ended-September-30--2015?id=135736&b=y
The Company reported $4,627,831 of net income from operations.
MYSN files quarterly report this morning:
http://www.otcmarkets.com/financialReportViewer?symbol=MYSN&id=157313
Name and Symbol Change effective June 8, 2015:
New name: MYSON GROUP, INC.
New Trading symbol: MYSN
Sorry I had trouble posting the pictures. Will figure it out later.
LED lights installed in Phu Quoc Island, Vietnam
LED_PHU.QUOC_4.png
LED_PHU.QUOC_5.png
Noticed that it's not chapter 7 and there are more assets than liabilities to cover claims.
PHIL current with NV:
http://nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=Eh5fD4Gnvdws1BSGH9hU8g%253d%253d&nt7=0
Hope to see update reports soon...
I don't think so.
The steps look different now, loyal friend peb64!
Check out Runge:
http://www.rpmglobal.com/
PHI appoints Runge to conduct due diligence of TSA coal concessions
Source: Petromindo.Com
By Ruli Setiawan
Editing by Reiner Simanjuntak
Energy and resources company PHI Group, Inc. said it has engaged PT Runge Indonesia, a subsidiary company of Australian-based advisory and technology group RungePincockMinarco Ltd, to undertake a staged study of PT Tambang Sekarsa Adadaya (TSA)'s coal concessions in West Sulawesi, Indonesia.
The technical due diligence is part of PHI Group's validation of the resources, reserves and quality of the TSA coal concessions prior to the closing the purchase of 70 percent equity ownership in TSA, the company said in a statement received Wednesday.
This independent assessment by Runge aimed to result in the production of a Resource and Reserve Statement in conformance with "The Australian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves, the JORC Code," subject to the mining concessions having suitable ore potential, PHI said.
A preliminary geological report by TSA has shown 71,038,925 metric tons (MT) of measured and 205,334,343 MT of indicated coal resources over an area of 9,690 hectares in West Sulawesi, Indonesia and laboratory analyses have shown Gross Calorific Value of approximately 6,200 Kcal/Kg (ADB).
However, the study by Runge will provide an independent and more accurate understanding of the coal deposits at these concessions. If the due diligence results are satisfactory, PHI Group will proceed to close the purchase of TSA and continue with the mine planning before engaging an international mining contractor to manage the production and operation of the mine.
PHI Group has received indications of interest from a number of buyers in the Asia Pacific region interested in purchasing several hundred thousand MT of coal per month for power plants and other factories.
Why not $2.00 or higher?
Just checked with company; PHIL does not use Asher's money anymore.
That's the old website. The company is now primarily focused on energy and natural resources. It's not uncommon for a company to reorganize and change its scope of business.
This may be its point of aha. Just wait a little bit more and we will see.
Thanks for your research. However, to be fair at least PHIL is still alive and keeping its vision. Even bigger companies like Bear Stearns, AIG, GM, Lehman Brothers, are no longer the same after these five years. Without the stimuli many other big companies would have been extinct too. Move on with life...
Latest conversation with PHIL management confirms plan to uplist once the filings are current.
Grace,
Even the final due diligence only confirms 10 million MT, at $75 sale price a MT this mine would still be worth $750,000,000 in revenues. Say net profit is $30 per MT (which is very conservative), it would mean $300,000,000 in total net profits. Not a bad deal for PHIL!
Think about this: Coal resources are under the ground in Indonesia, capital is in New York and London, power plants that need coal are in Asia Pacific (China, Korea, Japan, India, etc), and contract miners are in Australia. If there is no connection among these parties, the coal that lying underground in Indonesia would have no value. Once somebody brings all these parties to the table, a commercial transaction occurs and that's when a metric tonne is worth $75 FOB/MV. Mythical-phenix should be able to figure this out and not lament the past.
Think about post-acquisition valuation. It's no longer the same company. Still time to get on the train.
I believe the Company already announced the change to end of March. They want to deliver free-trading shares instead of restricted shares.
CBO - just promoted!
We will know in a couple months where the train will be. Hope you will not be left behind at the same station of doubt.
Link to today's interview with Francis Gaskins:
http://gaskinsco.com/phil-1-4-13.mp3
Was told Powerdyne is doing a project in Haiti first and PHI Group is working with another clean-coal tech co but has not disclosed much detail.
Technically it will be a new company, but with Philand's shareholder interests in it.
As heard so far, Philand is working with two Indian conglomerates to co-develop Pointe91 and some other projects. The holding company will be re-domiciled in another jurisdiction and listed on FSE and all Philand shareholders will have shares in the new holding co.
Latest checking with Company confirms that all filings will be brought current and upgrading to follow.
The company submitted the story on 2013-01-02 21:58:22 (GMT)
Looks like there are some good accomplishments from Henry's last trip to Indonesia and Vietnam. Also maybe a couple of very big items the company will not discuss until filed with the SEC.
I was told Henry is doing an interview with Francis Gaskins next week.
http://gaskinsco.com/aa-template-background-101.shtml Francis Gaskins ... the Internet's most Experienced Interviewer
Francis Gaskins, a seasoned financial analyst, is noted as the Internet's most experienced, analytical web cast producer and interviewer. Often quoted, his scope of influence includes editor (IPOdesktop), Talk Radio, Internet TV, and Video Productions, plus numerous articles and opinions published in the nation's financial media.
IPO Desktop Editor
• The leading provider of independent IPO research,
for professional money managers and individual investors.
• One of 'Forbes Best IPO Sites'.
• Widely quoted by the IPO media including the Wall Street Journal, Dow Jones Business News, Dow Jones Newswires, Reuters, USA Today, TheStreet.com, CBS MarketWatch.
Internet Radio
• Co-host for the weekly IPO Hardball! Internet radio show, also broadcast from CBS Marketwatch.
• Business & financial talk show host at WorldTalkRadio.
Education & Experience
• Harvard University Master of Business Administration (Finance).
• Princeton University A.B. (Economics).
Seasoned team leader: extensive experience in sales, marketing, pre-IPO financial analysis and valuations, fund raising, forecasting and budgeting, strategic modeling, general ledger and preparation of financial statements, market research.
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• Packages virtual road shows.
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• "Bravo - you do a wonderful job, btw - this went extremely well."
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