Sunday, March 14, 2021 11:17:09 AM
The cc will just be the slide show that would not work on the last cc and to answer more questions that could not be answered.
Henry made it clear at the end of the last cc to not run the pps up. Henry called the market signal and the market took the pps down. This should not be a surprise with the brokers involved. We are stuck at these levels for the foreseeable future.
I think we are miss lead on the notes. No information was found to confirm if the last set of dilution is part of the “final” note or other note holders prior to the final one. So we can’t be sure the final note holder is diluting. We went two weeks with out the shares structor being updated prior to the last call.
Off financials, what it looks like for the major loan from June 2019 financials is this. Vinafilms is owned money still. With process of elimination the remaining note holders are are much smaller. Henry owed $25,000,000 for the purchase of vinafilms in the form of money/shares. I don’t think we have enough room in the shares structor to cover the vinafilms. So this tells me he is working with the smaller sets of note holders still not converted per this set of financials.
Henry only gave us 10bill shares converted as confirmation but a total of 6bill shares are unaccounted for and growing. Without knowing when the 6bill shares were issued it’s hard to back into the numbers and make a educated guess on what note holders could have possibly been paid off.
We will have to wait until mid April or sooner to see the next set and compare the two and see who is eliminated off the list.
Henry made it clear at the end of the last cc to not run the pps up. Henry called the market signal and the market took the pps down. This should not be a surprise with the brokers involved. We are stuck at these levels for the foreseeable future.
I think we are miss lead on the notes. No information was found to confirm if the last set of dilution is part of the “final” note or other note holders prior to the final one. So we can’t be sure the final note holder is diluting. We went two weeks with out the shares structor being updated prior to the last call.
Off financials, what it looks like for the major loan from June 2019 financials is this. Vinafilms is owned money still. With process of elimination the remaining note holders are are much smaller. Henry owed $25,000,000 for the purchase of vinafilms in the form of money/shares. I don’t think we have enough room in the shares structor to cover the vinafilms. So this tells me he is working with the smaller sets of note holders still not converted per this set of financials.
Henry only gave us 10bill shares converted as confirmation but a total of 6bill shares are unaccounted for and growing. Without knowing when the 6bill shares were issued it’s hard to back into the numbers and make a educated guess on what note holders could have possibly been paid off.
We will have to wait until mid April or sooner to see the next set and compare the two and see who is eliminated off the list.
Recent PHIL News
- Form NT 10-K - Notification of inability to timely file Form 10-K 405, 10-K, 10-KSB 405, 10-KSB, 10-KT, or 10-KT405 • Edgar (US Regulatory) • 09/30/2025 04:02:02 PM
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 05/13/2025 08:15:05 PM
