Phoenix Rising Companies Inc (PRCX)

[10x wannabe]

The 60 million restricted shares for the Wandi deal is still outstanding (1/2 in escrow already). This would indicate the deal is still good to go. IF the deal was off the 60 million shares would be brought back and put into the treasury decreasing OS from 134 MILLION to about 74 MILLION. The latter alone will increase SP to maintain same market cap (around 7.5 million).

The board of directors at Wandi were changed in dec. to the law firm used by SGCI (firm started and owned by DS Chang) and those folks are still on the board at Wandi. So no changes there and still operating with that plan in place. Interesting enough DS Chang was removed as a BOD at Wandi sometime this year (yes Wandi). Didn't even he was on the board at Wandi?? I am sure that was to keep an "arms length agreement" for the deal to occur. So if he was part of the BOD at Wandi that means he knows EVERYTHING to know about the state of affairs at Wandi, PRCX, and the issue between them.

Hard to believe, but there is no sign the deal is not happening and the indications above seem to indicate they are still on. Just frustrating not hearing WHY it is still being held up.