PHI Group Inc (PHIL)

[Djk0689]

RS is only off the table if the ceo says they won’t do it, then there is a small waiting period to avoid legal liabilities. Most agree the waiting period is 90 days. The last time Henry said 100% no RS was in December. Now in March we hear maybe it depends on how things play out.

If a ceo says RS and stock drops. Then says no RS. They are open to class action. This has happen many times in the market just like saying I’m going private and then turning around and saying nope not doing that. This Ceo is smart enough to allow a window of time to avoid this. I agree companies direction can change at any point but it’s not like flipping a switch on and off.