PHI Group Inc (PHIL): Just to clarify... the purpose of an R/S...

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Re: MasterFeldan post# 49082

Sunday, 03/14/2021 3:59:18 PM

Sunday, March 14, 2021 3:59:18 PM

Just to clarify... the purpose of an R/S is essentially to raise the PPS by lowering the amount of O/S. If you mean allow more of the A/S to convert to O/S that wouldn't work. Otherwise just lowering the A/S by itself doesn't really matter since it doesn't directly affect the price. Market cap = PPS X O/S.

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