PHI Group Inc (PHIL)

[facts_matter14]

Right on all counts, however, my only pushback would be if the shares are issued to make acquisitions, then they won't be on the open market for quite a long time.

Let's say that all of the new 20B get used for Five Grain, VF, and any other acquisitions. Those shares will be tied up. Similar to how PHIL currently trades on fewer shares, because a lot of the current OS is locked up by insiders and other designations.

Current OS is almost 30B. If OS goes to 50B, but 30B are locked by deals or insiders who already have them allocated, like Johnny Park and the other dude who have 2.6B of the OS, then that leaves 20B. What if Henry buys 10B at that point?

Too many possibilities, but one thing for certain is that there won't be 60B free trading shares.

I guess we have to wait to see what H will say next week. Easy to guess, but hard to know.