![](https://investorshub.advfn.com/uicon/656830.png?cb=1546561595)
Monday, April 12, 2021 6:15:35 AM
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https://www.globenewswire.com/news-release/2017/11/14/1186080/0/en/PHIVITAE-Corporation-Partners-with-Lao-Company-to-Supply-Pharmaceutical-Products-and-Medical-Equipment.html
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So as the Aug 28th, 2017 PR notes, Phivitae was formed to serve as the holding subsidiary for the healthcare division of PHI Group. A letter of intent was signed to acquire 80% of a 20-year old profitable European (Romanian) medical distribution company.
The question was "What's the name of the European company that we own 80% of?"
Started searching around. Kept finding the same articles over and over. Kept talking about how we intend to acquire 80% of a medical corporation. Articles like this:
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https://www.freeweed.it/romania-gruppo-americano-phi-coltivera-cannabis-uso-medico-transilvania/
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More specifically, I kept seeing things like this (in the same link posted above).
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![](http://investorshub.advfn.com/uimage/uploads/2021/4/12/TPQGGVAUVTAMWV.png)
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Kept staring at it. Then it clicked. Romanian is capitalized because it's a proper noun. What if "Medical Corp" isn't capitalized due to a translation error? What if it's capitalized because "Medical Corp" is literally the name of the company?
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https://www.profit.ro/insider/companii/foto-premiera-dupa-succesul-legalizarii-marijuanei-in-sua-americanii-de-la-phi-group-vin-sa-cultive-cannabis-medicinal-in-transilvania-17827991
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![](http://investorshub.advfn.com/uimage/uploads/2021/4/12/RSFGWWQZYETZFP.png)
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https://www.sec.gov/Archives/edgar/data/704172/000149315218002344/form10-q.htm
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![](http://investorshub.advfn.com/uimage/uploads/2021/4/12/RSFGWWQZYETZFPCZSAQCCVGBGK.png)
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![](http://investorshub.advfn.com/uimage/uploads/2021/4/12/TPQGGVAUVTAMW.png)
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It was never a secret. And it was never particularly hard to find. We just overlooked it. At least I did. I guess I really shouldn't speak for anyone else.
1,359,223 Euros in sales for 2019. Only 108,017 Euros in profit. I'll take it though.
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![](http://investorshub.advfn.com/uimage/uploads/2021/4/12/TPQGGVAUVTAMWVKZXBYKPUBRNGRSF.png)
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![](http://investorshub.advfn.com/uimage/uploads/2021/4/12/RNGRSFGWWQZYETZFPCZSAQC.png)
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And here are a couple of its web addresses:
https://medicalcorp.ro/
http://www.medicalshop.ro/
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What's the next puzzle?
Recent PHIL News
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/20/2024 09:15:31 PM
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 05/14/2024 08:30:45 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/13/2024 05:29:57 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 03/11/2024 10:05:47 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/21/2024 12:34:23 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/26/2023 03:00:09 PM
- US Airforce Contract Awarded to Epazz, Inc. (OTC Pink: EPAZ) • InvestorsHub NewsWire • 12/14/2023 11:48:21 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/13/2023 08:40:50 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/20/2023 09:15:52 PM
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 11/13/2023 09:33:15 PM
- Form 10-K - Annual report [Section 13 and 15(d), not S-K Item 405] • Edgar (US Regulatory) • 10/13/2023 08:10:38 PM
- 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) • 09/28/2023 08:30:15 PM
- Airbus, PHI Group Sign Deal for 28 Helicopters • Dow Jones News • 09/12/2023 01:58:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 07/03/2023 12:00:11 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 06/29/2023 03:30:15 PM
Mass Megawatts Announces $220,500 Debt Cancellation Agreement to Improve Financing and Sales of a New Product to be Announced on July 11 • MMMW • Jun 28, 2024 7:30 AM
VAYK Exited Caribbean Investments for $320,000 Profit • VAYK • Jun 27, 2024 9:00 AM
North Bay Resources Announces Successful Flotation Cell Test at Bishop Gold Mill, Inyo County, California • NBRI • Jun 27, 2024 9:00 AM
Branded Legacy, Inc. and Hemp Emu Announce Strategic Partnership to Enhance CBD Product Manufacturing • BLEG • Jun 27, 2024 8:30 AM
POET Wins "Best Optical AI Solution" in 2024 AI Breakthrough Awards Program • POET • Jun 26, 2024 10:09 AM
HealthLynked Promotes Bill Crupi to Chief Operating Officer • HLYK • Jun 26, 2024 8:00 AM