PHI Group Inc (PHIL): Dilution would have only been stopped if...

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Re: Traderfan post# 27291

Wednesday, 10/09/2019 12:01:19 PM

Wednesday, October 09, 2019 12:01:19 PM

Dilution would have only been stopped if consulting fees were in PHILs account. Aren’t yet to my knowledge. Or if MYSN became current and has liquidity for Henry to sell shares to pay off notes. That is also still being worked on. All notes have now become contractually due. Luxembourg funds aren’t released yet, but they also aren’t set up to pay down notes. Lastly I can’t imagine Henry taking another loan to pay a note loan.

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