PHI Group Inc (PHIL)

[gemmerling]

Kenny sooner or later Henry is going to have to release news he has been holding he can't hold on to it forever. The Five Grain definitive agreement is probably already signed. I would think an 8K will come out soon about it since it is a material event. Go $PHIL

From the last filing.

PHI Group, Inc. changed the name of its subsidiary “Provimex, Inc.”, a Nevada corporation established on September 23, 2004, Entity Number C25551-4, to Empire Spirits, Inc. as the holding company for the acquisition of seventy percent (70%) ownership in Five-Grain Treasure Spirits Company, Ltd.

Baijiu is a white spirit distilled from sorghum. It is similar to vodka but with a fragrant aroma and taste. It is currently the most consumed spirit in the world. Mainly consumed in China, it is gaining popularity in the rest of the world.

Five-Grain specializes in the production and sales of spirits and the development of proprietary spirit production processes. It also possesses a patented technology to grow red sorghum for baiju manufacturing. The patented grain produces superior yield and quality. Five-Grain is a reputable bulk alcohol supplier to some of the largest spirits companies in the world.

Empire Spirits, Inc. will proceed to sign the Definitive Agreement with Five-Grain to consummate this transaction.

Source: https://www.otcmarkets.com/filing/html?id=15373064&guid=nrxwkWPupYxEdth