PHI Group Inc (PHIL)

[saving_ryan]

Lack of integrity?

What other CEO actually tells the shareholders that dilution is likely before it actually happens? Most of the time it's just dumped on the shareholders.

Anyone buying in right now or that hasn't sold should not be surprised at all of the dilution. Henry mentioned it would likely be needed to get through this phase and has openly said multiple times that this will be highly volatile and that if you're looking to get rich quick NOT to invest.

So anybody that ignored that advice FROM THE CEO and decided they were going to get rich quick anyway has no one to blame but themselves.

This period sucks, no sense in sugar coating it, but things are coming to a head and some of the open contract items are going to get very hard to kick down the road. They will either be done or not and everyone will have their answer over the next month or so.