PHI Group Inc (PHIL)

[Green Leaf Smoker]

Dog and Pony show info ain't worth TP written on. Company gets these agreements as eye candy for investors to see and purposely try to pump them up yet never follow thru w/ transaction(s). Sole purpose try to convince SH'ers their doing something big, w/ big monies figures thrown around.
Always follows w/ the safety net verbiage: The closing of this transaction is subject to having met certain administrative and legal requirements, including operational due diligence, technical and financial due diligence and evaluation work, approval of management and board of directors, execution of a definitive agreement and the incorporation of a Special Purpose Company (SPV), which are customary and reasonable for a transaction of this type. Subject to the fulfilment of the requirements mentioned herein, the closing of this transaction is estimated to occur 30 days after the date of the Loan Approval Letter. On December 10, 2021, the registrant received a Loan Approval Letter from Geza Holding AG,
Sorry fluffers/pumpers/flippers 30 DAYS has long past...this should tell all how this company chooses to deceive investors or how those that choose to want to help henry fluff & pump and try to spin for a flip
Do your own DD before investing your pennies

https://www.sec.gov/Archives/edgar/data/0000704172/000149315222005139/form10-q.htm