Sunday, February 14, 2021 11:42:19 AM
In June of 2020 a PR was released stating that Phil signed a Memorandum of Understanding with Hoang Quan Group
https://finance.yahoo.com/news/philux-capital-advisors-signs-mou-061500268.html
According to the MOU, PHILUX Capital plans to provide up to USD 200 million (equivalent to VND 4,600 billion) to support multiple social housing projects and other real estate development programs.
Ok so its pretty interesting that we are seeing the number 200 MILLION being used, that is big money for a sub penny stock, here we are seeing Phil will have access to 200 Million dollars Min…. but look at this
PHILUX Capital will also advise and assist Hoang Quan Group in a comprehensive restructuring effort to access international capital markets and list their securities on US or other major foreign stock exchanges.
This company MOU is working with Phil on listing their securities on the US stock exchange. Do you think it is coincidental that Phil is announcing a separate ticker symbol to be established and share holders of Phil will receive 1 share of the new ticker for every 20 phil they own, they are calling this or designating this a special stock dividend.
Phil share structure after repurchase is finished 900 million OS 1 share for every 20 equals 45 million shares.
Phil shareholders will generate 45 million shares for the New Ticker symbol, that is very low OS.
It seems to me that the evidence is leading to the conclusion that MOU will perhaps merge into the new ticker symbol that Phil is creating. As share holders of Phil we are getting a special dividend into this company but we have been assuming that PHIL would remain in control of the new Ticker, perhaps are assumptions have been wrong.
It seems like Phil is setting up this new Ticker symbol not to remove value from the main company of Phil by removing a profitable subsidiary, but to create a stand alone company to which we benefit from and to which MOU will merge into.
MOU has been doing restructuring of itself also as it pertains to their share structure the actions they are taking seem to indicate that they are planning something big. They want to up list on a major US stock exchange, Phil is guiding them in this process one plus one equals 2.
After 20 years of operation, with equity capital of USD 500 million, Hoang Quan Group has developed an ecosystem of 30 member companies.
Truong Anh Tuan, PhD, Chairman of Hoang Quan Group, commented: “Our cooperation with Philux Capital Advisors (of Phi Group USA) enables us to ultilize their international experience and strength in restructuring and mergers and acquisition activities in international financial and securities markets. We are restructuring as a "Re-startup" to ensure we have the resources and conditions for our real estate development plans in Vietnam and international markets.
I think we are seeing a double whammy so to speak here, A 500 Million USD generating company is restructuring as a START UP company and is using Phil to do this in order to list on the US exchange.
Now coincidentally to this Phil already has a subsidiary American Pacific Resources, which phil owns 100% it looks like it will be made to stand up on its own and to which MOU will reverse into. The share structure will be adjusted over 45 million if this happens, but I believe will remain under 100 million OS.
With MOU generating or being worth 500 Million USD what would these shares of American Pacific Resources be worth with the X factor added.
Henry Fahman, Chairman of PHILUX Capital Advisors, stated: “We are delighted to be associated with Hoang Quan Group and its professional and visionary leaders and management. We look forward to capitalizing on our combined experience and expertise to serve the needs of the social housing program in Vietnam as well as undertaking other investment opportunities to create meaningful economic value for both companies, our shareholders and other stakeholders.”
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