PHI Group Inc (PHIL): From the FY2019 10K As of June 30, 2...

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Re: Emergcy post# 66710

Wednesday, 06/16/2021 8:19:26 PM

Wednesday, June 16, 2021 8:19:26 PM

From the FY2019 10K

As of June 30, 2019, the Company only recorded $462,000 paid for this transaction as expenses for research and development in connection with the Granite Mining Claims project. The value of these mining claims is expected to be adjusted later after a new valuation of these mining assets is conducted by an independent third-party valuator.
https://www.sec.gov/Archives/edgar/data/704172/000149315217010305/ex10-1.htm

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