PHI Group Inc (PHIL)

[Djk0689]

New investors here is some DD

First
PPP Projects/Revenues. I'm still watching for the next meeting with the Vietnam Government to lock in the next PPP project. Henry told us he would be traveling back soon. Meetings show up a week to a week and half before they are held. The next project to be announced will be in the Go Relic area.

For those not familiar with PPP projects its similar to what we call municipals in the USA. They are Public-Private Partnerships contacts with the government to complete projects. The projects are bid and won based on competing companies. Once a project is won the company has to provide 20% cash holding for the expenses of the project. Below are projects already won. Someone can do the math on what money is tied up.
From there they have 16 months to start or raise the remaining funds. Once the project is completed they are reimbursed plus management fees for the life of the project.

In this case we are looking at things such as industrial parks, ports and housing developments for the mention projects.

http://ppp.mpi.gov.vn/en/pages/default.aspx

https://lichhop.dongthap.gov.vn/

Second
Has anyone order this report 4610 yet as it goes back 3 years?

In searching for the source of public records. I landed on the city website for records over in Vietnam on the main sub company everyone is asking about. In searching under Vinafilms tax ID I found report 4610 that can be order for a cost of $150. I'm confident Vinafilms is producing revenues and have no need to pay for this report.

Some have said Vinafilms revenues don't exist yet Vietnam websites say the revenues are over $100 mill as projected in the PR released when Phil took 51% ownership. https://www.globenewswire.com/news-release/2018/09/25/1575674/0/en/PHI-Group-Acquires-51-of-Vinafilms-JSC-with-Preferred-Stock.html

As per usual I provide the data and source links for investors to verify themselves. Anyone saying the revenues don't exist will need to provide proof of such a claim.

Henry told us on financials that we won't see it on the books until the following is done. "Company did not recognize the operations of Vinafilms JSC in its consolidated financial statements as of September 30, 2019 and will only so when a GAAP audit of Vinafilms JSC financial statements is conducted and completed by a PCAOB-registered auditing firm". The financials are in peer review and will be released as they are completed.






https://dichvuthongtin.dkkd.gov.vn/inf/Forms/Searches/EnterpriseSearchList.aspx?h=10210



Third

Buyback is highly speculated to be underway via negotiated transactions. The CEO explained on both recent CC that he is not at liberty to discuss the details of the buyback until OTC shows current. There is nothing stopping him from using brokers to gather the shares.

The brokers to date have managed to move/collect a total of 19bill shares. Buyback was to be for 15bill shares or more as needed. I feel very strongly the brokers were sucking up all the shares hitting open market these last few months. Below you can verify the data on Finra for what brokers have done and see that more are involved than before.

https://otctransparency.finra.org/otctransparency/Agreement

Also the link for the buyback. Review line D.



https://www.otcmarkets.com/filing/html?id=14587044&guid=NutpUq-5bLQsc3h

This chart is not a proper representation of what has transpired or will transpire once the note holder conversion is over. Here is the tracking of outstanding shares week over week and as of the last few weeks no new shares where issued. Also the brokers involved in sucking up those shares keeping us in a range of .0024-.0028 is really annoying. Once note conversion is over the PPS will climb as we have seen over the last week.

What is truly socking is we didn't find trips again as 10bill shares hit the market since the 1st of the year. Let that soak in for a moment.

Here is the post about the terms reached with the final note holder.

$PHIL We have discussed and reached amicable terms to resolve the balance with our last convertible note holder. Details will be reported in our filings with the Securities and Exchange Commission.

https://twitter.com/PHIGROUP/status/1372578542853091331




Fourth

The company has completed the Luxemburg Fund in June 2020. This fund will house compartments that will fund the projects. Here is all the DD on those sub companies going live in VN. Verified off the Vietnam Government portal. I have been checking back every few days as you can search under PHILux and it pulls up anything that starts with that.
We have been waiting on is the PHILIX Global Funds to go live. This means that Vietnam will have access to the Lux Funds officially via a sub compartment. Take notice of the legal representative that filed the paperwork.

Once this Fund was fully active that means the financials are in final stages of releasement. Henry can only deposit money into the Lux Fund not take it out until the financials are all GAAP stamped and verified. We know the final sets of financials are with Earnest and Young going through a peer review. They are posted as the quarters are completed.
https://dangkykinhdoanh.gov.vn/en/Pages/default.aspx





Fifth

Sub Companies Research

DHR Capital Research
SDHunter and I have been looking into this sub company over the weekend. This is a sub company for PHIL Group.
We spent a good amount of time researching and could use some more eyes. What interest me is the UK offices are showing strong construction ties in their market.
We are aware a funding source is in Europe. On a link provide we were able to find this guy Justin who is in construction under a company called DHR in the UK. They seem to be two different companies but maybe this will be a business partner using a compartment in the lux fund called DHR.
https://uk.linkedin.com/in/compassdesignandbuild
Justin Bannerman- Lloyd
Ownership Of Shares 75 To 100 Percent
Digging more into DHR I found the consultant for DHR Capital Group LTD.
https://find-and-update.company-information.service.gov.uk/search?q=Ben+Carl+SMET
Nature of business (SIC)
70229 - Management consultancy activities other than financial management
https://suite.endole.co.uk/insight/company/13280813-dhr-capital-group-ltd?page=people-contacts
https://find-and-update.company-information.service.gov.uk/officers/YRzo1LDgnukTKqBykd4x3DFzrPI/appointments

More info on this Ben Smet who is part of DHR Capital Sub Company
https://apnews.com/press-release/globenewswire-mobile/abc1ca52cb5027ca60d0d489cac11078
The Company would like to take this opportunity to thank Dr. Ben C. Smet - our fund structuring agent and global program manager, Messrs. Pierre Delandmeter and Yannick Deschamps of DLP Law Firm – our Fund attorneys, VCI Legal – our Vietnamese Attorneys, Hauck & Aufhauser – our custodian bank and alternative Investment Fund Manager (AIFM), Atoz Tax Advisers Luxembourg – our Luxembourg tax adviser, Ernest Young Luxembourg and Ernest Young Vietnam – our auditors, Cushman Wakefield Vietnam – our Vietnam independent valuator, PHILUX Capital Advisors, Inc. – our investment adviser and particularly The Luxembourg Financial Sector Supervisory Commission (CSSF), as well as our other committed friends and colleagues for their dedication, diligence, patience and support in the successful establishment and activation of our PHILUX Global Funds.




Natural Well Technical is a sub company of Phivitae Health Care and is Phivitae Health Care is owned by PHIL Group. This sub company is projected to surpass the Vinafilms Sub Company Revenues in the near future on FDA approval is provided.
Here it is and what is being worked on for FDA approval. They are currently in human trials in Asia and the product has shown promising results in some types of cancer/tumor treatments. This is why I don't think the 2,000 hectares is enough for this project. India/South East Asia use this as a treatment for various ailments. It's just coming to the US Market.
Developing and implementing a comprehensive plan to increase the production, marketing and sale of the “Super Green” High Energy Drop Drink and “Mistyrious” Fine Mist Spray products on a large scale worldwide
Developing and implementing a plan to increase the production, marketing and sale of “Super Cassava”
Continuing to conduct research and accumulate clinical data for biotechnologies developed by Dr. Frank Liu in order to obtain U.S. FDA’s approval for cancer treatments and other healthcare products. In addition, both parties also develop, produce and market beauty supply products.
https://drive.google.com/file/d/1UZaQ8Ii2mcipgnu1VbxumhKCWR71zxWR/view
https://www.globenewswire.com/news-release/2020/05/12/2032264/0/en/PHI-Group-Enters-Strategic-Agreement-with-Natural-Well-Technical-Ltd.html

Glink Apps International/The Company has retained PHI Capital Holdings
Look closely at the Business plan. Tab Business Plan - Glink Apps International

https://mhei.art/company-establishment/about-us.htm

"The Company has retained PHI Capital Holdings, a wholly-owned subsidiary of PHI Group, Inc. (www.phiglobal.com) (OTC Markets: PHIL), to assist in its IPO and Mergers and Acquisitions plans. PHI Capital Holdings will be responsible for helping Glink Apps International throughout the entire process to become as a fully-reporting public company with the U.S. Securities and Exchange Commission and will also assist the Company to list on the NASDAQ Stock Market later on."

Looks like Henry is moving it forward. They now have a EIN Number within the last 30 days and several business licenses.

https://glinkapp.com/business-licence-gl-hospital

under the business license you will find the EIN and tax ID info for the USA side of things.

State of WY also updated in the last 30 days. I keep saying we need to watch these sub companies. Them going live means they are getting the help they need from the Lux Fund. Why would a project have this many steps if we are not at the finish line.

https://wyobiz.wyo.gov/Business/FilingDetails.aspx?eFNum=059241092132159221229113140013103128012050076087