PHI Group Inc (PHIL)

[facts_matter14]

You are correct. However, unlike 99.9999999% of OTC typical MOU announcements, Henry named the company instead of simply saying he acquired a “spirits company”, he provided photos of the product and where it is stored, he provided projected revenues, he provided a full plan from time of acquisition to creating a new subsidiary, to taking that company public, and he showed approx 15 slides on a 30 minute zoom call to present it.

So, unlike the majority of typical OTC MOU announcements, which are very generic, give no actual details, and never get executed, I believe shareholders should feel pretty damn good about PHIL executing this acquisition, and feel even better about the value it will provide.