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Puhleeze! LOL! A purported financial institution that has no phone number yet displays what, its operating hours (but no time zone), is going to lend big PHIL 2 Billion dollars? That is just ludicrous. And 33% more ludicrous than the 1.5 Billion dollar loan with the gracious repayment terms we read about 3 weeks ago.
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Go to the head of the class. PHIL is not a one man band. It is a two person band: Henry and his wife Tina.
From the most recent 10Q:
And only a fool would believe that a pink sheet turd with no assets and a 20+ year litany of ridiculous press releases about ventures that never seem to come to fruition could possibly buy back shares or could convince some other entity to buy them on its behalf. Total phantasy.
Dude, go to the head of the class! LOL! You've discovered the Phacts of PHIL.
Here's some more:
Aint no buyback.
Aint no dividend shares of the mythical mining machine company.
Aint no mutual funds holding PHIL stock.
Vinafilms revenue? Crypto? Asian Diamond Exchange? LMAO!
Whiskey business getting bought for $100 million dollars? That's just preposterous!
Just a whole lot of Phantasies.
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Phoolish Phantasies...
PHI Group Engages in Blockchain and Crypto Technologies in a New Disruptive Carbon Mitigation Initiative through Environmentally Sustainable projects, CO2-1-0 (CARBON) GlobeNewswire | 08/06/2021
PHI Group to Present at the next Emerging Growth Conference on June 23, 2021 GlobeNewswire | 06/18/2021
PHI Group Files Form 8-K with the Securities and Exchange Commission Regarding Stock Repurchase Program and Schedules Shareholder Conference Call for April 2, 2019Press Release | 03/27/2019
PHI Group, Inc. Announces Stock Repurchase Program Press Release | 03/25/2019
PHI Group Provides Corporate Updates and Sets Time for Shareholder Conference Call Press Release | 03/08/2019
PHI Group Establishes Mother Holding Company for Luxembourg Bank Funds Press Release | 01/23/2019
PHI Capital Holdings Assists First Vietnam-based E-commerce Company DIO GROUP JSC to go public in the U.S. Press Release | 01/22/2019
PHI Group Comments on Operating Results for the Quarter Ended September 30, 2018 Press Release | 11/20/2018
PHI Group Amends Special Stock Dividend in American Pacific Resources, Inc. Press Release | 11/14/2018
PHI Group Forms New Subsidiary for M&A Transaction with Saigon Pho Palace JSC Press Release | 11/05/2018
PHI Group Extends Payment Date for Special Stock Dividend in American Pacific Resources, Inc. Press Release | 10/31/2018
PHI Group and Saigon Pho Palace JSC Sign Agreement to Swap Stock and Prepare for IPO Saigon Pho Palace's Revenue to Exceed $90M in Fiscal 2018 Press Release | 10/30/2018
Saigon Pho Palace JSC Signs Agreement with PHI Group, Inc. to Swap Stock and Prepare for IPO Press Release | 10/30/2018
PHI Group Signs Agreement to Acquire Majority Interest in Saigon Pho Palace JSC Press Release | 10/17/2018
PHI Group Announces Release of New Corporate Video Press Release | 10/11/2018
PHI Group Closes Acquisition of Vinafilms JSC Press Release | 10/10/2018
PHI Group Signs MOU with Saigon Pho Palace JSC for Real Estate Development and Other Business Activities in Vietnam Press Release | 09/28/2018
PHI Group Designates Preferred Stock to Prepare for the Closing of Vinafilms Acquisition Press Release | 09/27/2018
PHI Group Acquires 51% of Vinafilms JSC with Preferred Stock Press Release | 09/25/2018
Southeast Asia Capital Group Signs Contracts to Provide Copper to Vietnam Press Release | 09/24/2018
PHI Group Engages Grant Thornton Vietnam Ltd. for Valuation of Vinafilms JSC Press Release | 09/13/2018
PHI Group Partners with Hanoi MHD Invest JSC for Real Estate Investment and Development Activities in Vietnam Press Release | 08/16/2018
PHI Group to Qualify for Nasdaq with Acquisition of New Vietnamese Plastic Manufacturing Company Press Release | 08/06/2018
PHI Group Forms Subsidiaries for Acquisition of Manufacturing Company and Joint Venture in Blockchain Businesses Press Release | 07/30/2018
PHI Group Forms Subsidiaries for Acquisition of Manufacturing Company and Joint Venture in Blockchain Businesses Press Release | 07/30/2018
PHI Group to Acquire Majority Interest in a Profitable Vietnamese Plastic Manufacturing Company Press Release | 07/25/2018
PHI Group to Acquire 51% in a Joint Venture with Filipino Regent Blockchain Group to Engage in Offshore Financial Center and Blockchain Businesses Press Release | 07/23/2018
PHI Group Partners with Fintech Green Investment Company Press Release | 07/11/2018
PHI Group Forms Subsidiary for Investment and Development Activities in Vietnam Press Release | 06/28/2018
PHI Group Forms ComMatrix, Inc. to Provide Innovative High-Speed Broadband Solutions to the Developing World and Rural Areas of Industrialized Countries Press Release | 06/07/2018
PHI Group Extends Record Date for Special Stock Dividend in American Pacific Resources, Inc. Press Release | 05/29/2018
PHI Group Declares Special Stock Dividend and Spins off American Pacific Resources, Inc. Subsidiary Press Release | 04/25/2018
PHI Group Cooperates with German and Indonesian Companies to Provide Logistical and Payment Solutions to Indonesian Maritime Transportation Systems Press Release | 04/09/2018
PHI Group Signs Agreement to Purchase 600-Acre Farm for Organic Fertilizer and Model Organic Farming Program in the U.S. Press Release | 04/06/2018
PHI Group Cooperates with Local Companies to Grow 3,000 hectares of Sacha Inchi in Vietnam Press Release | 03/26/2018
PHI Group Engages Renowned Consulting Firm to Assist in Deployment of Blockchain Technology Press Release | 03/22/2018
PHI Group Provides Important Corporate Updates Press Release | 03/12/2018
PHI Group Provides Project and Revenue Updates Press Release | 03/12/2018
PHI Group Reports Operating Results for the Second Quarter Ended December 31, 2017 Press Release | 02/20/2018
American Pacific Resources Launches GILDEX Blockchain Coins for Gold Industry, Estimated to Bring Upwards of $1 Billion Value in the Coming Year Press Release | 02/01/2018
PHI Group Updates on Industrial Park, Greenhouse, Medical Cannabis and Wellness Treatment Resort Projects in Transylvania, Romania Press Release | 01/30/2018
PHI Group Reports Sale Revenues and Provides Updates on Transformational Corporate Developments Press Release | 01/26/2018
PHI Group Partners with Vietnamese Bio-Organic Fertilizer Producer Press Release | 01/11/2018
PHI Group Sets Up Subsidiary to Invest in Broadband Communications Company Press Release | 01/09/2018
PHI Group Signs Agreement to Build Industrial Park, Clean Energy Power Plant and Greenhouses in Transylvania, Romania Press Release | 01/02/2018
American Pacific Resources Begins Shipping Gold Ore Concentrates Press Release | 12/19/2017
PHI Group to Set Up Luxembourg Bank Fund to Finance Investment Projects Press Release | 12/05/2017
PHI Group’s Former Subsidiary Signs Contracts for 2,400,000 MT of D2 and HSD Euro-IV with Refinery Press Release | 12/04/2017
PHIVITAE Corporation Partners with Lao Company to Supply Pharmaceutical Products and Medical Equipment Press Release | 11/14/2017
American Pacific Resources Partners with Lao Company to Develop a 67,000-acre Gold Mining Project Press Release | 11/07/2017
Abundant Farms Appoints Chief Technology Officer to Start Production of Organic Fertilizer for North American and Eastern European Markets Press Release | 10/31/2017
PHI Group’s Subsidiary Supplies Special Breakthrough Water Conditioning Systems for Cannabis Growers Press Release | 10/17/2017
PHI Group's Former Subsidiary Engages in Oil Transactions, Goes Public Press Release | 10/11/2017
PHI Group’s Former Subsidiary Engages in Oil Transactions, Goes Public Press Release | 10/11/2017
PHI Group and AQuarius Power Provide Breakthrough Land-based Wave Energy Technology to Europe Press Release | 10/09/2017
PHI Group’s Subsidiary American Pacific Resources, Inc. Completes Acquisition of Majority Interest in 400-Acre Mining Claims Press Release | 10/04/2017
American Pacific Resources, Inc. Completes Acquisition of Majority Interest in 400-Acre Mining Claims Press Release | 10/04/2017
PHI Group Engages Research Team from Auburn University for Study of Organic Medicinal Plants Press Release | 09/28/2017
PHI Group Engages Research Team from Auburn University for Study of Organic Medicinal Plants Press Release | 09/27/2017
PHI Group Employs AQuarius Power Technology for Yen Bai Province Renewable Energy Project Press Release | 09/21/2017
PHI Group Update from CEO Henry Fahman September 14, 2017 - Corrections Press Release | 09/14/2017
CORRECTION: PHI Group Update from CEO Henry Fahman September 14, 2017 Press Release | 09/14/2017
PHI Group Update from CEO Henry Fahman September 14, 2017 Press Release | 09/14/2017
PHI Group’s Subsidiary American Pacific Resources, Inc. Signs Definitive Agreement to Acquire Majority Interest in 400-Acre Mining Claims Press Release | 09/06/2017
PHI Group’s Subsidiary American Pacific Resources, Inc. to Acquire Majority Interest in 400-Acre Mining Claims Press Release | 08/31/2017
PHI Group Forms Subsidiary, Signs LOI to Acquire European Pharmaceutical and Medical Device Distribution Company Press Release | 08/28/2017
PHI Group’s Former Subsidiary Engages PLS CPAS for Financial Audits to Go Public Press Release | 08/25/2017
PHI Group’s Subsidiary Starts Production and Sale of Innovative Water Conditioning Systems for Agriculture Market Press Release | 08/24/2017
PHI Group Forms Strategic Alliance with Tho Xuan Duong JSC, a Vietnamese Traditional Medicine and Herbal Company with Nearly 400 Years’ History Press Release | 08/22/2017
PHI Group Partners with Aquarius Power to Provide Breakthrough Renewable Energy Technology to Vietnam Press Release | 08/10/2017
PHI Group Partners with Vietnamese Company Specializing in Forest Bitter Melon Press Release | 08/07/2017
PHI Group JV Receives Approval from Yen Bai Province for 100-MW Clean Energy Power Plant Project Press Release | 06/14/2017
PHI Group Acquires Majority Interest in Romania-based Maxagro SRL to Launch Organic Farming Program in Europe Press Release | 05/31/2017
PHI Group Provides Water Conditioning System to Boost Yields and Increase Revenues for Agriculture Press Release | 05/23/2017
PHI Group Regional Center Files Application with USCIS for EB5 Immigration Investor Program Press Release | 04/27/2017
PHI Group to Partner with Maxagro Group of Romania Press Release | 04/19/2017
PHI Group Forms Subsidiary “Smartway International, Inc.” as Holding Company for Traffic Management Services Press Release | 04/11/2017
OTC Markets Group Welcomes Newly Verified OTCQB Companies – April 3Announcement | 04/03/2017
PHI Group Establishes New EB-5 Regional Center Under Immigrant Investor Program Targeting $15 Million Organic Farming Project Press Release | 03/20/2017
PHI Group Signs Investment Agreement for $10 Million Funding Press Release | 03/07/2017
PHI Group Signs Contract to Purchase Farm in Florida Press Release | 03/06/2017
Myson. LOL!
From the most recently filed, but still delinquent 10K
Now that is really funny!
LOL! The Phoolish Phil Phantasies continue to Phester. And they are getting more and more outlandish as time goes by. $1.00 per share. LMAO! No one knows for sure how many shares there are and I'll bet they are continuously increasing. There ain't no buyback. The idea that PHIL could have amassed any millions much less 350 million in real money for 'projects' is just preposterous.
The most inane PHI Group company issue of 2020.
There are so many worthy ones but I've listed my favorites in roughly chronological order but keep in mind that some of most preposterous are recurring themes.
The Glink Apps deal with PHIL's Privitaea Healthcare. Lol! Note Privitae Healthcare is defunct.
American Pacific Plastics. Who remembers this? All the fancy plastic manufacturing pictures that turned out to be purloined from other sites.
Natural Well Technical deal. First PR on this had the nerve to include a COVID reference. That appears to have been removed.
The value of the preferred shares typo on the Wyoming SOS site.
The 'PPP' deals and the $200 million PHIL has to do deals. Lol!
The Revolving Door Auditors
The Asia Diamond Exchange
The APR Dividend
'No reverse split for 90 day window' if the CEO says none. LOL!!!!
Note holders actually holding shares.
But none of these compare to the true highlights of the year. Ready?
Number 3: The Buyback.
Number 2: Vinafilms and its $100 million revenue stream to PHIL. LMAO!
Number 1: Mutual funds that hold PHIL stock. Easily the best of the year because of course no mutual fund anywhere holds PHIL stock and the links provided can be used to quickly verify this.
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Perhaps a Buffett quote might resonate here...
The Buyback. LMAO! There ain't no clearer sign that one is not an 'accredited investor' then when one posits about how a trip zero non reporting turd will buy back shares. Yet we read about it here over and over. lol!
Here's my thoughts: all this so called research you and your group report on is just total nonsense. I've already explained a number of times that no legitimate investment firm of any kinds holds any PHIL stock. There is no buyback nor will there ever be a buyback for reasons I've already explained. And there is most certainly no way note holders are not dumping their shares as soon as they convert.
lol!
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Total fantasy.
That is just so absurd it is funny. lol! I'll bet you were laughing when you typed it.
No mutual fund owns a non reporting, trip 0, turd like this PHIL. None. There is another Phi Group. They fly helicopters. And they don't file SEC docs.
Oh my goodness, now I have seen (read) it all. LMAO!!! There is not one mutual fund in the world that owns this PHIL. None. That is just ridiculous. Might own the Delaware PHIL which is actually a legitimate company. Is it possible to put a stop to all the nonsensical postings about this turd?
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This is of course total nonsense. Many turd pink sheet companies announce plans to buy back their stock. None do. Why not? I've already explained this: they have no money. its a terrible investment. there is a far more effective way to reduce outstanding shares (hint: reverse split). no one with any sense would fund such an effort.
This is just laughable:
The misinformation spewed here is mind boggling.
1. There ain't no such thing.
2. Even if there was it would be moot because insiders have voting majority.
3. There will never be any kind of a suit, class action or otherwise, because PHIL has nothing worth suing for.
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More nonsense spewed as if it were fact:
This is just soooo hard for me. lol!
So, you were able to find the summary page on the Wyoming SOS site. Nice. Did you find the 6/25/2020 Common Amendment under the 'History' section? Did you read it? Did you see where it spells out the details of all the classes of preferred stock including the par value. Which is not $1.00/share but is irrelevant anyway I think.
Then, given you have a grasp of the share structure, did you review the 8K filings for PHIL where they spell how many of these shares were used to purchase Vinafilms? And the mythical mining machine venture? While you and your group are researching that, can you tell us how many common shares of PHIL are subject to conversion from the APR transaction? loL!
Can you explain why there are two Vinafilms JSCs. Big PHIL allegedly bought the Long An Province one. What's its value? Note I've already explained this.
PHIL has not issued any stock warrants. There is no registration filing with the SEC or with the the State of Wyoming. There are no new preferred shares on the Wyoming website. The preferred shares are clearly spelled out in the documents filed there, regardless of what some summary page declares. I have no idea what the term 'warranty trades' means.
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Let me assist you and your group in your research: PHIL ain't issued no warrants. Not our PHIL anyhow. LOL!
Okay, I'll admit it, I have been defeated. I simply cannot compete with the fantasy worlds being spun here.
Re the Phil dividend and from an 8K filed 6/30/2020:
'Hanoi Plastic Bag'. LOL! The only bags here are ones being held by the hapless shareholders. I've already explained what the alleged Vinafilms transaction was worth, if it occurred at all. How much was that you ask? Well, calculate the value of the payment, which was a wheelbarrow load of preferred shares of PHIL. Wheelbarrow load * $0.00 = $0.00. QED.
'What Henry is doing...'. That is a curious topic. Could you explain to us exactly what you think Henry is doing? You alluded to this topic a couple of times in the past, suggesting that you and your team of crack investigators unearthed some seemingly convincing evidence that Henry is actually doing something and offered a tease for its unveiling. I believe it had something to do with bidding on large, lucrative, government contracts, that somehow will be funded be equally large but mysterious benefactors who are eager to give Henry money. Personally I find this ludicrous but I could believe that big Henry has somehow talked a individual investor or two (probably Vietnamese) into throwing some money his way.
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'When the buyback starts...' I just LMAO every time I see this. It is clear to me when the buyback will start: Never. Is never good for you?
Auditor.
I'll let you in on a little secret. Ready?
Trip zero delinquent pink sheet company insiders never buy shares in their own companies. Why not? Well for one because they are typically worthless, but a far bigger reason is that there is no need to buy them when there are so many ways to have them gifted: in lieu of salary, bonuses, debt conversion, blah blah blah.
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This post is yet another example of why the pink sheets thrive. lol! Of course it is only one of so many on this board.
I believe if you carefully examine the historical record you will find that big Henry seldom coughed up real money for shares, and instead received them for services rendered.
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Update: Real problem is inane interpretation of PHIL ridiculous press releases. The PHIL generates classic pink sheet press releases that refer to markets and project worth billions and billions of dollars. They mention real companies participating in these programs as if they are partners of the PHIL and will be sharing the bountiful harvests. The PHIL aint doing no 44 PPPs. For heavan's sake! LOL! Here's some wise words from my dear pappy: 'You can't make chicken salad outta chicken sh*t'. And that's what we have here. Chicken sh*t.
Which 10K is that going to be? The one now past due for almost a year? Or the one about to be past due? Or both?
What we know.
We know this is patently false:
Missing? How bout just a modicum of common sense? PHIL's preferred shares have a par value of $0.001 as clearly documented in the 6/25/2020 Common Amendment on the Wyoming site regardless of what some other page might say. But I say it is irrelevant because the actual value of the shares is likely zero.
There is no possible way anyone has legitimately pledged $500 million to PHIL. That is just ludicrous.