PHI Group Inc (PHIL)

[Djk0689]

Here is the information on the buyback your asking about that has been found since November 2020. I was tipped off back in November to start watching brokers transactions and sure enough in December it started. We left trips and the price only increased since.

Back in May 2021 CEO said on the CC that note conversion was 95/98% completed. The shares structure has only increased due to restricted shares as noted in the tracking sheet I use. It was reduced once due to a miss calculation of converting shares also.

Buyback is highly speculated to be underway via negotiated transactions. The CEO explained on both recent CC in May 2021 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 before hand.

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 back in May. This was recently adjusted with a statement of more as economically feasible. I feel very strongly the brokers were sucking up all the shares hitting open market these last few months in may. Below you can verify the data on Finra for what brokers have done and see that more are involved than before.

I'm not anticipating the CEO making any official announcements until the Finra report hits 0 shares under brokers. This report updates around the 5th of each month and has been decreasing month over month since. If you take the time to go look at the quarter filing for the brokers and the annual reports you will also find information.

Here is the link to the finra report to poke around.

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

Also the link for the buyback. Review line D. "d. Methods of repurchase: Open market purchase and/or negotiated transactions."

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








Considerations on Financials has been on going for some time but ramped up signifyingly as of two reporting's ago.

Look under considerations on the financials and look at the Cash Paid.
Do we have confirmation of the buyback process, I personally think so.

I'm holding back some screen prints and other information. I was asked by some investors not to put this on the board when it was discussed privately but felt it was important so it was released.

Not many investors have connected all the dots. As each filing comes out more and more will be made known.

Here is the filing link that showed the largest considerations to date.

https://www.otcmarkets.com/filing/html?id=15065409&guid=Kr4kkHOfTroVpth

I had to go look up cash considerations to see what that meant.

After reading considerations I found the below. It depends on how it's listed. Cash Purchase is also Cash Paid.

Cash consideration is the purchase of the outstanding stock shares of a company using cash as the form of payment. An all-cash offer is one way that an acquirer may use to acquire a stake in another company during a merger or acquisition. Learn how mergers and acquisitions and deals are completed.

https://corporatefinanceinstitute.com/resources/knowledge/finance/cash-consideration/#:~:text=Cash%20consideration%20is%20the%20purchase,acquisitions%20and%20deals%20are%20completed
.

If this still doesn't make sense let me explain it more plainly. 850 mill shares were return via cash on that filling. They are not retired just return. If you follow the brokers reports you can find more information there. I'm not sure what may post on future financials but that is what I have been watching. I have said since November watch what brokers due. Filing started to confirm what we all were waiting on. Shares are returning just not retired yet.

I'm not a pumper or paid by anyone to do this. I spend well over 2hrs a day researching a word, topic or name to find details that are brought forward. I provide the source data for everyone to make a decision on what they think is happening.