PHI Group Inc (PHIL)

[SilverBack]

Maturity date is the date in which they have to be paid back by or converted before any interest and fees accumulate but noteholders do not wait that long as they can actually convert 6 months after issuance date.

The rest of your questions are answered below.

55k in dilution starts Wednesday which would make the conversion about .0007 which would be 78M shares approximately. GLTA!

Then another $100k can convert on Dec 25th. Merry christmas!

On June 12, 2018, the Company issued a new convertible promissory note to Crown Bridge Partners, LLC for $55,000, with an interest rate of 10% and convertible to Common Stock of the Company at 50% discount to the average of the two lowest trading prices or closing bids during the twenty trading days immediately prior to the date of conversion. The maturity date of this note is 06/12/2019.



On June 25, 2018, the Company issued a new convertible promissory note to JSJ Investments, Inc. for $100,000, with an interest rate of 10% and convertible to Common Stock of the Company at 45% discount to the average of the three lowest trading prices or closing bids during the twenty trading days immediately prior to the date of conversion. The maturity date of this note is 06/25/2019