PHI Group Inc (PHIL)

[MasterFeldan]

I have a non-sarcastic, non-bashing question directed at any of my fellow longs here...

I bought in three years ago when the stock was at $0.03... and then at $0.07... and then bought millions more in the avalanche that followed in a (at the time) futile bid to rebalance my pps/cps ratio. Which I've now recovered my losses (yay!).

My question is this...

IF hypothetically Henry is telling the truth when he says he doesn't have other buyers hoarding shares for him to buy back at a premium price (first time I've actually wanted him to be BS'ing us)...

And IF he keeps his word and doesn't R/S like he did years ago (don't yell at me... I'm not saying he will)...

IF he spends $10M to buy back shares in pennyland... at most thats only 1B shares. Just a drop in the bucket. Although I wish I had a billion shares right now...

In theory, and I realize he never committed to buying back this many... he'd need to spend $140M to buy back 14B shares at $0.01... and that would be under the assumption that the full weight of him trying to scoop at that price didn't cause the pps to skyrocket... which it would.

So what REALLY is his plan to buy back shares? Or if anyone has a plausible guess? I'm presuming it's going to come back in CC anyway but if not I can ask there too.

Also, yeah I'm good with Vegas for the Phillionaire party. I mean... $#!% most of us gambled on this stock in the dark times. Might as well go gamble some more. XD