PHI Group Inc (PHIL)

[MasterFeldan]

lol... no not a joke. Well. Lets hope it's not a joke. I'm optimistic that it's not.

Most of the requirements have already been met or will be before that 30 days is up. For example:

Confirmation that the Company is current in its SEC reporting obligations and has filed all reports with the SEC, that all financial statements have been prepared in accordance with U.S. GAAP, and that the auditor opinion is not adverse, disclaimed or qualified

Our financials will all meet that criteria from here on out. So when the Qs are released, that's already taken care of.

What we really are looking at with that countdown is this requirement:

Meet a minimum closing bid price on OTC Markets of $.01 for each of the last 30 calendar days;

Calendar days. Not trading days. The last calendar day falls on a Sunday so really it should all be done on that Friday...


Here's another guide from OTC Markets

https://www.otcmarkets.com/files/OTCQB%20Application%20Guide%20for%20U.S.pdf