PHI Group Inc (PHIL)

[martindavis]

In fact there was a reverse split Henry did back on March 15 2012. It was a 1:1500 reverse split when the stock was trading at 0.0012. Brought the stock up to $1.80. There was a quick jump to $5 for one hot minute in April 2012, and then the stock sank again. We are at 1/3 the value it was with that split. I wouldn’t be surprised if we see talk about a 1:4500 or 1:6000 reverse split. And it’ll happen right before the supposed date of record for the APR dividend, but the rate will still be 1:20. So I’m hoping it doesn’t happen, but fully expect that if the dividend ever does occur (wishful thinking) you can expect 1 share for every 120,000 or so shares you currently own.