PHI Group Inc (PHIL)

[facts_matter14]

I'm disappointed that you are choosing to ignore the only reason he mentioned for why a RS could happen:
"suppose there is an opportunity by bringing a huge revenue generating company with strong balance sheet with substance, robust future that would change the valuation of the company"..."we may have to do a reverse split and take the company to NASDAQ"

Hello??? Does this need to be spelled out as well???

Organic growth to NASDAQ would be great, and is clearly possible if he buys back 75%+ of OS, but a RS to get to NASDAQ with a company already on NASDAQ in a merger or acquisition deal is a huge victory as well.

He didn't say he would RS because he has nothing better to do, and he would be reversing to take the price from silver to dollars, not from .0009 to .090.

Wow, is all I can say at this point.

When he said no RS, it was when the pps was .0001 and people were asking him about an RS at that point.

Now, with the potential of getting to paper on its own, he is saying an RS is possible for the purpose of taking things to much to higher levels because of being aligned with a significantly more successful company , not just to get the pps up from the gutter, which is why most otc companies RS.

Maybe he should have just released the 10-K and not done the CC's, since what he says has gone way over the heads of most.