PHI Group Inc (PHIL)

[Pokerpro05]

$$1,500,000,000$$ @2.5% no payment for 3 years.
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According to the Five-Grain development plan, once the acquisition is completed, the company will follow a three-prong growth strategy to reach 200,000,000 liters of bulk spirits per year to supply to other beverage companies and develop its own brand using proprietary manufacturing methods and preferred distribution channels. By reaching these goals, Five-Grain expects to annually generate over US$ 600 million in revenues on the success of the Company’s growth plan.

https://www.nasdaq.com/press-release/phi-group-signs-mou-to-acquire-majority-ownership-in-a-baijiu-bye-joe-distiller-2021

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$PHIL

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