Friday, October 15, 2021 2:50:11 PM
This is from the 10K, unfortunately there is no way this hits .05 this year
As of the day of this report, the Company has not accessed the Equity Line Facility for funding. The Company sent an official notice to Azure Capital on September 7, 2021 to terminate this Investment Agreement effective retroactively January 11, 2021. The Company intends to file an Offering Circular pursuant to Tier 2 of Regulation A of the United States Securities and Exchange Commission (the “SEC”) to raise capital for the acquisition of Five-Grain Treasure Spirits, Co., Ltd. in Jilin Province, China and to launch the Asia Diamond Exchange in Vietnam.
Tier 2 is 75 Million, so there will be massive dilution, He will max out the AS
As of the day of this report, the Company has not accessed the Equity Line Facility for funding. The Company sent an official notice to Azure Capital on September 7, 2021 to terminate this Investment Agreement effective retroactively January 11, 2021. The Company intends to file an Offering Circular pursuant to Tier 2 of Regulation A of the United States Securities and Exchange Commission (the “SEC”) to raise capital for the acquisition of Five-Grain Treasure Spirits, Co., Ltd. in Jilin Province, China and to launch the Asia Diamond Exchange in Vietnam.
Tier 2 is 75 Million, so there will be massive dilution, He will max out the AS
Recent PHIL News
- Form NT 10-K - Notification of inability to timely file Form 10-K 405, 10-K, 10-KSB 405, 10-KSB, 10-KT, or 10-KT405 • Edgar (US Regulatory) • 09/30/2025 04:02:02 PM
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 05/13/2025 08:15:05 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 04/11/2025 07:00:34 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 04/11/2025 06:49:07 PM
