PHI Group Inc (PHIL)

[mythical_phenix]

Okay, I'll admit it, I have been defeated. I simply cannot compete with the fantasy worlds being spun here.

Re the Phil dividend and from an 8K filed 6/30/2020:

II. Extension of Record Date for the Spin-off of Common Stock of American Pacific Resources, Inc.

On June 29, 2020, the Board of Directors of PHI Group, Inc., a corporation originally incorporated in the State of Nevada on June 08, 1982 and redomiciled in the State of Wyoming on September 20, 2017 (the “Company”), adopted the following resolutions in lieu of a meeting:

WHEREAS, on December 30, 2019 the Company’s Board of Directors amended the new dividend ratio and the new Record Date for a special stock dividend from its holdings of Common Stock in American Pacific Resources, Inc., a subsidiary of the Company, to shareholders of Common Stock of the Company as follows: (a) Eligible shareholders: In order to be eligible for the above-mentioned special stock dividend, the minimum amount of Common Stock of PHI Group, Inc. each shareholder must hold as of the June 30, 2020 (the New Record Date) is twenty (20) shares; (b) Dividend ratio: All eligible shareholders of Common Stock of the Company as of the new Record Date will be entitled to receive one (1) share of Common Stock of American Pacific Resources, Inc. for every twenty (20) shares of Common Stock of PHI Group, Inc. held by such shareholders as of the new Record date; and (c) Payment Date: the Payment Date for the distribution of the special stock dividend to be ten (10) business days after a registration statement for said special stock dividend shares is declared effective by the Securities and Exchange Commission.

American Pacific Resources is the venture that is mining gold with the mythical mining machine. You may or may not ever get this dividend, but again I can calculate its value for you: $0.00.

This has nothing to do with American Pacific Plastics, which, when it is not adminstratively dissolved is somehow related to Vinafilms. Allegedly.
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