PHI Group Inc (PHIL)

[Djk0689]

It’s putting together the last few weeks of messages Henry is giving various sources.

We have collected 17 messages as a group. Some are the same message to different investors. Each person is getting a little different verbiage on the responses but the message is consistent. Deals are getting finalized.

The main hold up seems to be the final funding of the lux fund. Some money moved and the rest is moving over these next few weeks. We are already a week into it. Once the final funds moves over I see no reason why financials and deals will not be released.

I think financials will show a massive amount of shares outstanding around 16billion due to notes diluted. We still are not able to verify if Henry has to issue shares to lock some of this in. He did tell us the increase from 32billion to 40billion shares was for a deal that didn’t pan out. He also said he had no intention of using that many shares. We know a % of shares had to be available at any given time. We think this is a requirement for part of the PPP.

This negative needs to be offset with positive news/deals when financials release.

I see no reason to load 2’s or sell 1’s until we pass the November 15th deadline based on the last delay extension.