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Yep gap is filled now lets close green:) Go $PHIL
Yep it is so obvious:) All I am going to say is Henry is very confident in the outlook for his company. Go $PHIL
Did you hurt yourself?
Nope it is the MM's:) The MM gap down this morning should be illegal IMO and probably is LOL. The MM's also didn't fill the gap yet they were close though at .0107. Go $PHIL
There is a gap at 0.0108 that needs to be filled since the MM's gapped to stock way down.
Sounds like a plan PolishPowerplayer. $PHIL will release a major news PR next month. Go $PHIL
This is the OTC where manipulation rules the only thing that matters is the close. A close at .01 or higher is what we want as a minimum today. Go $PHIL
That is great news thanks for sharing. Go $PHIL
The MM's are going to try to break the chart today the 50 MA is at .0091 so we need to close above that hopefully at .01 or above or the OTCQB listing will be pushed back for awhile. Go $PHIL
Yep, the criminal MM's are going to gap the stock down under .01 like they have done in the past Kenny. Hopefully, the MM's won't screw up the OTCQB filing but they probably will.
Yes, $PHIL needs QB for German and Korean Markets Henry said that in the CC. He said after getting on OTCQB he will list on the German exchange. He called it something else though.
CC Transcript concerning the Stock Buyback
This is a very sensitive issue. I want to share this with you so far. We have worked with an investment bank and a broker dealer to assist us in the buyback program. There are a couple of individuals that have also offered to assist in the process.
The buyback program isn't a one day type thing. We have recently filed an extension until December 2021. It is a very sensitive issue on the one hand we will like to see our stock rise a lot and rise quickly for our shareholders but we cannot expect that to happen quickly. On the other hand the company wants to buyback a lot of shares so we have a conflicting point here in a certain sense. We need to be very prudent in doing the buyback.
Every time we are able to book and secure a certain block of shares we have to disclose it with the SEC. So far we have made certain arrangements. We have not closed those transactions directly on our books yet. But as soon as we do that it will be public information and then you will all see.
This is not the range we would like to see our stock at especially with the things we are doing. The buyback program is underway. Certain things have been arranged, certain things have been done but there is no booking on our books yet. We cannot say have many shares we have bought back or how many more we will do.
The goal is we want to retire as many shares as possible between now and December 2021. We also have to look at the reality of the market place and the opportunities that we have and we need to make a decision. Very soon we will be able to purchase our first block purchase so you will know what has been accomplished.
Replay of 07/28/2021 CC here.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=165158584
Will do. He probably won't since I am sure he is getting slammed with messages after the CC.
The positives I heard in todays CC.
1. Buyback block trades will soon be hitting $PHIL books. These will be part of the negotiated transactions Henry mentioned in past CC's.
2. In two weeks there is going to be a PR put out about a deal we haven't heard about before along with a website launch.
I asked Henry to put our a PR this week to recap the CC highlights. Now that $PHIL is current Henry needs to be thinking about putting out news in press releases IMO.
Yeah me too! Hopefully after the CC today $PHIL will move way up since it is so undervalued.
It maybe lame but that is what the MM's just did close the stock in the .012's now we need a big gapper tomorrow just under .0146 and move up from there.
Looks like the MM's plan is to close the stock in the .012's and gap the stock at the open tomorrow in the .014's. As long as we hit .0146 tomorrow we are good and won't have to worry about any stock gaps.
PHI GROUP INC
@PHIGROUP
·
2m
$PHIL Dear Valued Shareholders and Investment Community, Thank you very much for your communications and requests regarding the conference call today. I apologize for not being able to reply directly, but we will try to answer as many questions as possible during our call. GB!
PHI GROUP INC
@PHIGROUP
·
Jul 26
$PHIL Dear Valued Shareholders and Investment Community, you are cordially invited to a scheduled Zoom conference call. Time: Jul 28, 2021 04:30 PM Eastern Time https://us06web.zoom.us/j/88036900063
For local call number: https://us06web.zoom.us/u/keH7Q09NDD
Meeting ID: 880 3690 0063 Passcode: 625410
GB!
https://twitter.com/PHIGROUP
You could always sell shares in Fidelity but not buy until $PHIL was current.
That is awesome news. There should be increased buying pressure from the Fidelity investors today. Go $PHIL
Just got off the phone with Fidelity. They said they review OTC stocks once a week to determine if they are tradable again. I was told it happens Thursday or Friday so $PHIL should be available for trading on Fidelity sometime this week.
Unfortunately without solid buying pressure the MM's can do what they want. Henry needs to complete the buyback and retire billions of shares so the MM's have less shares they think they can play with. If Fidelity will allow buys that would help. Go $PHIL
Pokerpro not sure what to make of the trading. I just hope Fidelity allows buying today so the stock buy volume can increase that is the only way to keep the MM's honest IMO. Go $PHIL
We need Fidelity to get it's act together and allow trading the current stock volume is a joke. Go $PHIL
I expect Fidelity to allow orders to go in sometime today. Glad there are no stock gaps to worry about. Go $PHIL
It looks like both to me. If you read the whole section this is the key statement IMO. The words in addition to the other section of land.
2. DEVELOPMENT OF THE MULTI-COMMODITIES CENTER, ASIA DIAMOND EXCHANGE AND LOGISTICS CENTER IN VIETNAM
Along with the establishment of PHILUX Global Funds, since March 2018 the Company has worked closely with the Authority of Chu Lai Open Economic Zone and the Provincial Government of Quang Nam, Vietnam to develop the Asia Diamond Exchange. Quang Nam Provincial Government has agreed to allocate more than 200 hectares in the sanctioned Free-Trade Zone near Chu Lai Airport, Nui Thanh District, Quang Nam Province in Central Vietnam for us to set up a multi-commodities center which would include the Asia Diamond Exchange.
On June 04, 2021 the Company incorporated Asia Diamond Exchange, Inc., a Wyoming corporation, ID number 2021-001010234, as the holding company for the development of the Asia Diamond Exchange in Vietnam.
On July 07, 2021, the Company had an online meeting with the Chairman of Quang Nam Province, the Authority of Chu Lai Open Economic Zone and the heads of various Provincial Departments to update and plan for the implementation of the Asia Diamond Exchange. The Company plans to return to Vietnam as soon possible to hold an international press conference and complete the required documents with the Vietnamese provincial and central governments.
In addition, another opportunity has arisen with the start of construction of the new international airport in Long Thanh District, Dong Nai Province near Ho Chi Minh City in Southern Vietnam. In December 2020, the Vietnamese central government designated 1,200 hectares of land in Bau Can village, Long Thanh District, Dong Nai Province as a new industrial zone. The Company is in the process of applying for 600 hectares close to the Long Thanh International Airport to develop Long Thanh Multi-Commodities Logistics Center (LMLC).
From the Q3 filing...
INTERIM CONSOLIDATED FINANCIAL STATEMENTS
The accompanying unaudited interim consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America for interim financial information and with the instructions to Form 10-Q and Article 10 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by accounting principles generally accepted in the United States of America for complete financial statements. These statements should be read in conjunction with the audited financial statements for the year ended June 30, 2020. In the opinion of management, all adjustments consisting of normal reoccurring accruals have been made to the financial statements. The results of operation for the three and six months ended March 31, 2021 are not necessarily indicative of the results to be expected for the fiscal year ending June 30, 2021.
ADVANCES FROM CUSTOMERS:
As of March 31, 2021, the Company recorded $516,410 as Advances from Customers for consulting fees previously received from a client plus mutually agreed accrued interest. The Company was not able to complete the consulting services due to the client’s inability to provide GAAP-compliant audited financial statements in order to file a registration statement with the Securities and Exchange Commission.
SUB-FUND OBILGATIONS: The Company has recorded a total of $1,474,775 from three partners towards the expenses and capitalization for setting up sub-funds under the master PHILUX Global Funds. These amounts are currently booked as liabilities until these sub-funds are set up and activated, at which time the sub-fund participants will receive their respective percentages of the general partners’ portion of ownership in the relevant sub-funds based on their actual total contributions.
https://www.otcmarkets.com/filing/html?id=15110598&guid=jnWkkH8wav3Uv3h
I guess because Henry already said it in an earlier tweet. He could also be waiting for OTC Markets to update their status to Pink Current most likely tomorrow.
PHI GROUP INC
@PHIGROUP
·
Jul 16
$PHIL We will be officially current as soon as we file the remaining reports. Once we know the exact day of the filings, a Zoom call will be scheduled, and we will able to share some very exciting things with you. Thank you for your patience and support! God Bless!
Nothing to see here that has nothing to do with $PHIL
Just a reminder that will never happen. Go $PHIL
All this speculation means nothing. After $PHIL is current by 7/28/2021 and the CC is completed, they will be a different company in the eyes of the market. That is all that needs to be said. Enjoy! Go $PHIL
Those were arguments I didn't notice LOL. Just looked like a mess and hard to read thoughts to me. Go $PHIL
Here is the slide.
DJK said the listing will be a cross-listing in the post below.
Djk0689 Member Level Sunday, 07/25/21 06:50:10 PM
Re: 52172 post# 76856 0
Post #
76858
of 76908
From what I heard it will dip into the total shares available on the USA market. At first I thought it would be a separate offering with its own set of shares. That is not the case.
I do not fully understand how that works to back feed due to time zone differences and when markets will be open.
Also an multiple entities in Vietnam have been buying or have been given Phil shares for months now. Looking forward to seeing what is disclosed on the next cc for deals.
We know the total number of shares for the buyback is unlikely to be disclosed on this cc. This is because we must be current first and then all the negotiated shares have to be moved officially on the books.
But we may hear about some of the negotiated transactions on this cc as a prelude to the future cc that will disclose those details.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=165096523
Thanks hilarious I almost cracked a rib laughing at that joke. If you were serious that is even funnier. I will send you a screen shot this week that will say $PHIL Pink Current and that screen shot will be real LOL. Go $PHIL
Pokerpro agreed. We need the stock volume a lot higher at least a billion shares to keep the MM's honest. Hopefully, we see increased stock volume next week. Ask slapping is what keeps the MM's from playing all their games. I expect FOMO in the house next week:)
It looks like a Cup and Handle pattern to me. We are having the strong move up after the handle was formed. This is a very strong chart pattern and is even stronger with the huge events that are happening next week. The breakout next week will move the price above the cup resistance. The MACD should also cross and put is in an uptrend. I expect to be in an uptrend for a long time with all the news about to be unleashed.
Cup and Handle Pattern
The cup and handle pattern is a bullish continuation pattern that consists of two parts, the cup and the handle. The cup typically takes shape as a pull back and subsequent rise, with the candlesticks in the center of the cup giving it the form of a rounded bottom. The handle is made up of downward-sloping price action that soon breaks out above the upper resistance line to indicate the continuation of the original bullish trend.
Inverted cup and handle patterns are also possible during downtrends and signal bearish continuations. In this case, the cup shape is inverted such that it represents a resurgence in price after a downtrend followed by a downward movement. The handle slopes upwards before breaking out sharply downward to continue the original bearish trend.
https://scanz.com/cup-and-handle-patterns/
It should since $PHIL will be current by 7/28/21 before the CC happens.