PHI Group Inc (PHIL): Here's what Warren Buffet on 1.7 bil...

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Tuesday, 05/07/2019 9:48:33 PM

Tuesday, May 07, 2019 9:48:33 PM

Here's what Warren Buffet on 1.7 billion share buyback program,
"Buffett says that he has no ambition to spend a dime if he doesn't think shareholders will be better off for it"

I hope Henry has same intention and rationale behind share purchase program in PHIL. OF course what everyone is debating is after share buy back reverse split is imminent. I see only one reason why every is brow beating this because the stock liquidity will be a problem once the revenues start flowing.

I would want to here from BIG LONGS on this board to give their perspective on this. thanks

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