PHI Group Inc (PHIL): Well if you know how to read the 8K that...

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SellingAt5bucks

Re: gettingideas post# 79742

Monday, 08/02/2021 4:11:26 PM

Monday, August 02, 2021 4:11:26 PM

Well if you know how to read the 8K that stated Revenue which I thought Revenue was Revenue and not Profit.

So your saying if they used the money to install the new machines in 2019 they can’t pay the loan?

That’s just even better because the new machines would make the ANTICIPATED REVENUE to about 150-200 million.

With that amount of revenue, they could pay for more buybacks and more equipment.

The world’s largest companies didn’t start out with billions or trillions.

Most of them used loans.

Have you found something to disprove my thought about borrowing from the Lux Fund yet?

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Form 8-K - Current report • Edgar (US Regulatory) • 07/09/2024 12:54:54 PM
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