Wednesday, December 04, 2019 9:33:16 PM
Dear Mr. Fahman:
I am a Phi Group INC. shareholder. I know you get a ton of texts, emails, etc... every hour wanting to know the status of multiple tasks being undertaken. Therefore, I understand if you do not reply. I know this company is more important to you than any of us as it is your life. I am just going to ask a few questions. 1) (and this is not insider information as stating that you are hoping to meet a goal does not state that you have met it) Is the company still trying to meet the requirements to be considered for the new diamond index on the Ho Chi Minh exchange? If so, is Dec 31st the actual review date and where our company would have to be trading on the HoSE for 20 consecutive days prior to the review? 2) Is the fund activation really reliant on a partner that has not come through? How could a partner be tying up a RAIF fund that PHI controls? Last, is there any chance that we will get a press release/conference call by the end of next week regardless of the status of where the company is. We can accept setbacks. That is part of investing. However, not being honest and forthright about those setbacks publicly can sink a company. Thanks for reading and any response you provide! GOOD LUCK! Go PHIL!
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