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Yeah it looks like the MM's need to cover today. Go $PHIL
I hope we break a billion shares in volume today and close in the .005's. Go $PHIL
So far doesn't seem like what you said is playing out. It is difficult to do this with a stock with Major Catalysts that could drop at anytime over the next few months. Go $PHIL
A close in the .005's today would be awesome let the Memorial Day Fireworks begin early:) Go $PHIL
It is a beautiful thing when a stock breaks out of a channel it has been in for a few months. This move is feeling like the one that happened in February but this time there is major fuel that is going to be poured on the fire next month and beyond:). Go $PHIL
Hopefully the new channel bottom is now in the .004's that is a pretty good launch point after $PHIL gets current most likely next month.
True all the $PHIL DD you provided is solid and cannot be disputed. All the dots are connected included the filing timelines based on other planned events like the closing of the Real Estate fund the end of June. Go $PHIL
One Day someone will give CDEL a knockout shot and the stock will trade on supply and demand. That day will happen sometime next month IMO. Go $PHIL
You do know anything mentioned in a conference call is under safe harbor just like a PR. Henry always reads the safe harbor statement before discussing company updates.
Hi curncman good to see you posting here again. That is a good sign $PhIL will move soon:)
What auditor this guy the one doing all the filngs?
Audit Fees
The negotiated package fees billed by M.S. Madhava Rao, an independent accountancy firm, are $18,000 for the audit of the Company’s annual consolidated financial statements for the fiscal year ended June 30, 2019 and for the review of unaudited financial statements for the quarters ending 9/30/2019, 12/31/2019 and 3/31/2020.
Lets hope so with so many major catalysts coming in June and July you would think the forward looking investors would jump on the $PHIL runaway train soon. Go $PHIL
MM's will always play games but steady buying interest should keep them under control IMO. A close above .003 today is what I am looking for it will be an interesting power hour today. Go $PHIL
Could it be are the MM's letting the stock trade on supply and demand that is crazy talk LOL. Go $PHIL
Hopefully a new channel will be formed in the .003's awaiting blast off. Go $PHIL
Haddie - $PHIL is a stock that cares about shareholder value many OTC stocks don't if you know what I mean:)
MM's trying real hard to keep $PHIL from hitting .003 it is just a matter of time before that happens. Go $PHIL
$PHIL is a SEC reporting company and is taking longer to audit but it will get done soon it isn't some type of Saddle company that isn't SEC reporting. If it was like that it would have been current a long time ago. Go $PHIL
Saddle company example.
FINANCIAL REPORTING
Reporting Status - Alternative Reporting Standard
Audited Financials - Unaudited
$PHIL example
FINANCIAL REPORTING
Reporting Status - U.S. Reporting: SEC Reporting
Audited Financials - Audited
THAT WILL NEVER HAPPEN. Go $PHIL
Reposting Henry's Recent Interview Go $PHIL
Direct Link.
Henry just did an Interview Yesterday.... Go $PHIL
That is great news no dilution for close to a month now the float must be getting tighter each trading day. Go $PHIL
NICE TRADING DAY THAT’S A FACT......
MM Games usually have been happening at the open. Lets see what the MM's will try this time. Let the games begin! Go $PHIL
You just gotta know what you own. Go $PHIL
Yep, Looks like the longs are still in control:) Go $PHIL
Not sure I guess it is open since we don't know when all the filings will be done. Good question though:)
Yep, Kenny bigtime MM games today IMO. So far the line in the sand is holding at .0025. Getting current appears to be number one on Henry's agenda since he delayed his trip to Vietnam to work on getting current. Hopefully we see the next filing this month. Go $PHIL
Yep every long buy locks up more of the Float and when Henry retires billions of shares look out for a blue sky breakout:) Go $PHIL
Yep, not way there is 100 million shares available at current levels. Go $PHIL
Wow what are the MM's going to do with the bid building and no one selling:) They better hope a whale doesn't show up and hit the ask. Go $PHIL
Do you think Henry is using the buyback method mention in this article? Go $PHIL
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=163866188
This is an interesting article that discusses a buyback using a purchasing agent. Go $PHIL
Understand how an ASR works. At the beginning of
the ASR, the company pays a predefined dollar amount to
the repurchase agent for a specified number of securities.
The repurchase agent generally borrows securities from
stock lenders and delivers those securities to the company.
Over time, the repurchase agent will buy securities in the
market to cover its borrow and has the option to complete
the ASR at any time within a pre-agreed period. The
purchase period will have a fixed starting and end point,
though the repurchase agent will have the right, upon
notice to the company, to shorten the period. An average
price is determined for the purchase period, which is
typically based on the Rule 10b-18 pricing condition minus
an agreed discount or price adjustment. At the ASR’s final
settlement, the total number of securities purchased by the
company generally equals the ASR dollar size divided by the
discounted average price. If the repurchase agent did not
deliver a sufficient number of securities at inception, it must
deliver incremental securities to the company at the end
of the ASR. Conversely, if the repurchase agent delivered
too many securities, the company must settle with the
repurchase agent in cash or stock on the settlement date.
5 Understand disclosure obligations. Public companies
must announce a repurchase program and report their
repurchase activity in accordance with Item 703 (17 C.F.R.§
229.703) of Regulation S-K. The securities exchange on
which the company’s securities are listed will require public
disclosure if the company’s board of directors authorizes
a repurchase program. The company may satisfy these
public disclosure requirements by filing a Current Report
on Form 8-K under Item 7.01. The filing must disclose
the authorization date, the number of shares that were
authorized to be repurchased, and the expiration date of
the program, if any. Going forward, the company will also
be required to disclose repurchases in its Exchange Act
filings, including the total number of shares purchased, the
average price paid per share, the total number of shares
purchased as part of the repurchase program, and the
maximum number of shares yet be purchased under the
repurchase authority. For additional information regarding
the disclosure requirements of Form 8-K, see Form 8-K
Drafting and Filing.
https://www.mayerbrown.com/-/media/files/perspectives-events/publications/2020/03/top-10-practice-tips_stock-repurchase-programs.pdf
Phil shareholders know what this means:) Me thinks Henry isn't finished with hitting milestones yet over the coming months.
PHI GROUP INC
@PHIGROUP
·
May 14
I look forward to sharing many exciting things that I am unable to discuss until we are current, and I'm sure you will agree it was worth the wait. There are many great accomplishments, but legally I must wait to share the details. Thank you for your continued support. God Bless!
Did you see any block trades today? I want to see if my theory is correct. CFGN wasn't involved today and he seems like the MM that has been involved in the block trades in the past.
Yep Pokerpro that was fun to watch LOL. Go $PHIL