Henry has a lot of irons in the fire. But...to build something as BIG as what I believe he is trying to build takes a lot of time, meetings, travel, handshaking, and ink. The DD has grown over the past year and in my opinion has only gotten better for PHIL's long term outlook. I just don't believe Henry would buy down here in the .00's with his latest Form-4 filing if he didn't know something would get finished soon. Henry and his wife have a lot at stake, if not more than anyone to see this through. If the CEO had nothing at stake I would definitely be concerned.
PHI GROUP is taking more time than some investors thought according to their timelines when they took a position which is proving to be the case with some. And those who have experience in OTC plays know nothing usually happens according to our timelines. Don't take me wrong, I don't blame anyone for their frustration when Henry seems to dangle a carrot in front of investors mouths and eyes just out of reach. Henry needs to just stay quiet IMO, no tweets, no PR's till something is concrete for an actual finished catalysts requiring an 8k.
Continually pushing BB, VF, D, till the next quarter drives down sentiment. Adding more catalysts on top of unfinished catalysts increases PHIL's future prospects but for some drives down sentiment. When he does this and nothing is actually completed it confuses shareholders who entered because of them, and drives down PHIL value. Personally I was happy when we moved to nearly 2 cents, but why did we? We moved on pump of BB, V, D only IMO. I don't believe it was on getting current only which is what a company is suppose to do anyways.
Henry has no control over all the moving parts of others involved in the timing, and closing of the loans, and any of the other moving parts they need to get accomplished for the future success of PHIL. Henry is one man juggling many moving balls so to speak. He cannot control world events, c-19 which this excuse has gotten old to me also, but again he cannot control world governments that can cause delays because of it.
To secure the HUGE loans Henry is trying to accomplish he must show PHI GROUP can repay them. Revenues from acquisitions and subsidiaries on the books are what is a part of securing them. In the last year many things have happened in PHI Group we didn't even know would happen or be possible. Many things just in the past few months and all if/when accomplished will only further benefit PHI GROUP and it's shareholders.
I will personally be giving Henry more time than another week to build something he is trying to build on such a large scale. I do not want to be one of those people who sell out my position only to have it skyrocket the next week on some unforeseen catalyst and miss out on a possible life changing investment. I say possible because all of us know the risks of investing in the OTC markets and the many plays here that don't work out. Just my opinion. But those who have done the extensive DD on PHI GROUP and continue to do their DD can only come to 2 conclusions IMO, either you believe it or you don't. HODL!!!
Henry said he has news this coming week. Hopefully the weary shareholders get a surprise. If not, we as shareholders have always had two choices.
$PHIL - GB!
Pokerpro05
WAIT FOR MEEEEEEE
