PHI Group Inc (PHIL)

[facts_matter14]

Restating the obvious is fine, but doesn't answer the question: Is it better to have a million removed from liabilities, in exchange for 200 million shares that can't be sold for a year, knowing the OS will be reduced significantly within that year, when the buyback is enacted?

If the OS is reduced by 15 to 20 billion shares, who cares about 200 million shares?