PHI Group Inc (PHIL)

[saving_ryan]

Dilution isn't always bad if it leads to solid acquisitions and ultimately revenue. Time will tell.

Many successful companies have shelled out shares in the build phase. Unless you have money to begin with, payment and collateral will come from shares and equity. It's what happens with what the shares are ultimately being used to pay for that matters...

Henry has said multiple times that dilution would likely be necessary to get out of this phase.

Again, time will tell. And there isn't much time left with the deadlines.