PHI Group Inc (PHIL)

[facts_matter14]

There were 2 things that sent it down. It went down a little when he said the words, "debt financing", then it really headed south when he said, "buyback shares have not been paid for yet".

My thoughts are, we already knew no buyback shares were paid for yet because there have been no 8-K's filed saying that happened, so this should not have been news.

The mention of "debt financing" is not perceived well, and I get that. He said it was one of 5 options, and I believe he listed it 4th? I have no doubt that he would go that route as a last, or next to last resort. He's not stupid.

Unfortunately, or fortunately, depending on what side of the coin people look at, Henry is simply too honest and he feels a need to let shareholders know ALL of the possibilities, without plotting things not to say so the sp doesn't go down.

It hurts because he says something that likely won't happen, but since there is a chance it could happen, no matter how small, he talks about it, and then we pay the price.

If he was a scam artist or a fraud, as a few like to say, then he would never mention things that could be seen as negatives and he would literally only say things to make sp go up.

I see sp rebounding in the days ahead, as the rats leave the ship, and in the weeks and months ahead, I see blue skies.

The last 3.5 months of 2021, should prove to be very interesting, and I believe very successful for PHIL and PHILsters.

Those who don't. Bye.