Saturday, November 20, 2021 1:22:03 AM
This kind of stuff makes me nervous. I get it but $PHIL became a different company after they launched the Lux funds. Will we be looking at the ADE website in 10 years and it will still say "coming soon"? Henry said all the ADE pieces are in place after he secures the financing so I expect it will be done in less than 10 years:)
So many opportunities and so few follow throughs. Granted Henry hasn't followed through on all the activities of all the sub funds. The Heathcare fund is a prime example with a lot going on but Henry hasn't disclosed it in a PR. I'm not counting on the BB anymore and were past the 45 days for anything to happen with 5 Grain. The tradable float isn't that big based on stock volume and price movement. This is a good indication that shares are locked up. As far as the 5 Grain deal goes it will happen. Henry didn't file for a tax id for the 5 Grain sub fund it he wasn't going to close the 5 Grain deal. The 45 day window could have gotten extended and not disclosed. Maybe Henry is going to disclose it in the filing on Monday. The $15B loan is held up waiting for a SPV to be developed so that could take days/weeks/months/years. The 1.5 billion dollar finacing agreement could take until the end of the year. It doesn't appear that Henry thinks so if he closes the definitive agreement for the construction company soon to break ground on the ADE. Facts is right, VF is comfy in the back seat indefinitely. I suspect the next few financials will show nothing but debt and an increase in share number. This is a possiblity but it appears Henry is getting rid of all the convertible notes early maybe that was a stipulation in the 1.5 billion financing agreement just a guess. We should know the answer in the filing on Monday.
Can't blame Covid for everything. Fax machines and telephones still work. Make those deals get the ink on paper and lets roll. Covid did have an impact on the Vinafilms audit in Vietnam because the auditor needed to be on site. Here are Henry's words again. To acquire Vietnam-based Vinafilms unfortunately you know we haven't been able to complete the audit for Vinafilms due to a number of reasons first the change of auditor and then when our new auditor came aboard you know he got hit with Covid he was contracted with Covid himself and was in India for quite some time and Vietnam has been going through a recent lockdown starting to open up right now so hopefully our auditor can come back and complete the audit for Vinafilms and consolidate their numbers with ours and of course things have changed quite a bit due to the Covid pandemic you know operationally and otherwise but you know we will try to complete that as soon as possible.
Recent PHIL News
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 03/11/2024 10:05:47 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/21/2024 12:34:23 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/26/2023 03:00:09 PM
- US Airforce Contract Awarded to Epazz, Inc. (OTC Pink: EPAZ) • InvestorsHub NewsWire • 12/14/2023 11:48:21 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/13/2023 08:40:50 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/20/2023 09:15:52 PM
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 11/13/2023 09:33:15 PM
- Form 10-K - Annual report [Section 13 and 15(d), not S-K Item 405] • Edgar (US Regulatory) • 10/13/2023 08:10:38 PM
- 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) • 09/28/2023 08:30:15 PM
- Airbus, PHI Group Sign Deal for 28 Helicopters • Dow Jones News • 09/12/2023 01:58:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 07/03/2023 12:00:11 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 06/29/2023 03:30:15 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 06/28/2023 09:00:23 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 06/28/2023 08:45:44 PM
NanoViricides Reports that the Phase I NV-387 Clinical Trial is Completed Successfully and Data Lock is Expected Soon • NNVC • May 2, 2024 10:07 AM
ILUS Files Form 10-K and Provides Shareholder Update • ILUS • May 2, 2024 8:52 AM
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