PHI Group Inc (PHIL)

[gemmerling]

Sheddoggie - Henry's timeline from signing to filing has been a week or more in some cases. I am starting to believe it is because the auditor is very slow and cannot get any filings out on time when the signing happens. Henry is eagar to inform investors about everything going on but he can't unless it is publicly released or he is discussing it in a conference call IMO. Lets use the 1.5 billion financing agreement as an example.

Go to time 26:20 in the CC below. Henry said this:

Our other major focus is the establishment of the Asia Diamond exchange in Vietnam within the free economic zone. We've been working on it for three and a half almost four years now and now we have all the ingredients ready and we're waiting for the Covid situation in Vietnam in particular and worldwide in general so that we can start.

All the ingredients ready meaning financing is secured. The HAJ Contract Financing agreement was signed before Henry did the above CC.

Here is the slide he said the above.



Time the above CC was done is below.

$PHIL You are cordially invited to join a conference call with Choky Simanjuntak (CYFS), CEO of CO2-1-0(CARBON) CORP at 10:00 AM EST, 09:00 PM Jakarta Oct 19, 2021. Zoom link: https://us06web.zoom.us/j/4177806661
Meeting ID: 417 780 6661, Passcode: 205851
[phone],*205851# US. God bless!

$PHIL You are cordially invited to join a conference call with Choky Simanjuntak (CYFS), CEO of CO2-1-0(CARBON) CORP at 10:00 AM EST, 09:00 PM Jakarta Oct 19, 2021. Zoom link: https://t.co/oT3hjOf29F
Meeting ID: 417 780 6661, Passcode: 205851
[phone],*205851# US. God bless!

— PHI GROUP INC (@PHIGROUP) October 14, 2021

Time the HAJ contract finance agreement was signed was October 17, 2021

1. Financing Agreement between Haj Contract Finance Group and PHI Group, Inc.

Effective October 17, 2021 the registrant signed a contract agreement with Haj Finance Group, a corporation registered in Oman, Hatat House Ground Floor, Ruwi, Muscat, Sultanate of Oman, for a financing program in the amount of $1,500,000,000 which carries a fixed preferred rate of annual interest for thirty-five years with a three-year grace period. The closing of this transaction is to occur after the registration of a Special Purpose Vehicle (SPV) within United Arab Emirates, the signing of the closing documents and the approval of the transfer of funds by the Central Bank of United Arab Emirates (CBUAE). The registrant intends to use the funds for the establishment of the Asia Diamond Exchange and the Multi-Commodities Center in Vietnam, for financing selective projects in the areas of real estate, renewable energy, healthcare, and for other investment opportunities in connection with PHILUX Global Funds SCA, SICA-RAIF, a group of Luxembourg bank funds sponsored by the registrant.

https://www.otcmarkets.com/filing/html?id=15307742&guid=cq3wknKRHtwfJth

The time the financing agreement was released to the public officially was October 28, 2021. The signiture on the above 8K filing is below.

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Dated: October 28, 2021

PHI GROUP, INC.
(Registrant)

By: /s/ Henry D. Fahman

I guess the point I am trying to make is an agreement could have already been signed and we may not know about it until the filing is released Monday or an 8K is released sometime later.