PHI Group Inc (PHIL)

[gettingideas]

Your DD appears to be 50% factual.

Like there is a Lux fund registered, but it has no money or annual audit report published. In fact, all past financial disclosures say prospective investors promised buylt didn't deposit any money yet.

New Vinafilms JSC company is owned in 51% by PHIL, aber But nobody knows what is its assets, id revenues or profits. And there are at least 3 other companies with "Vinafilms" in there name registered. What is known is that it isn't the one that owns the http://vinafilms.com.vn/ website.

Share buyback was announced originally in 2019 and postponed couple of times. Nobody knows if any shares were purchased through this effort or not.

Phil owns operating gold mining rights and ventures and it already mined some tons of gold ore, but the lis effort is nowhere to be seen on PHIL financial disclosures.

Phil has stated that it has entered agreements with Vietnamese government yet no such documents or verifications can be found anywhere.

So wherever you look, wherever you scratch the surface it is all revealed as half truths or partial research but trying to create the impression of real done deals.

So yeah, there aren't any doubts there or statements about incomplete or inconclusive info. The whole DD designed to create a belief Phil is a multinational conglomerate with bilions in assets. The allegations contained in the DD are misleading, unproven, undocumented and unverified by reputable third parties at best.