PHI Group Inc (PHIL)

[Heresjohnnyyy]

I don't think everyone understands just how good the news was today.....heck I didn't either until I started doing some digging...on the topic of the tier 2 reg offering it is a offering that is capped out at 75 million USD

It is a offering that is often called a mini IPO

Fun fact about this offering it is mainly used for *institutions*

Retail also known as non-accredited investors cannot invest more than 10% of the greater of their annual income or net worth

What I believe this means is that the rumors of henry having some institutions looking to invest could be very true and this offering is the vehicle that they will use to invest...

so hypothetically let's say this offering adds to the SS 15 billion shares...

.okay so now institutions who don't swing trade or anything will hold these shares for years to come

As we know and henry has confirmed we have a 3rd party that has billions of shares locked up for the BB it is estimated that they have somewhere between 15 and 19 billion shares locked up..but NOW henry retires the 15 or 19 billion shares that he has had locked up for awhile now.....so basically there isn't any new dilution but all the shares will now be held by the institutions and won't be traded for years...

....this share structure will be so locked up it won't be funny....

Basically shares are now moving from retail to institutions....if henry retires the 15 or 19 billion shares then the SP would increase as institutions won't be selling there locked up shares....

Also henry ended his line of credit with that azure company...why would he take that option out of his back pocket if he didn't already have a solid plan???