PHI Group Inc (PHIL): While I appreciate the enthusiasm, you a...

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Re: ulmadi post# 102563

Thursday, 04/07/2022 10:39:14 AM

Thursday, April 07, 2022 10:39:14 AM

While I appreciate the enthusiasm, you are intertwining profit/revenue/net revenue.

The revenue from VF (when the audit concludes) may well be 90M in 2021, but there is no way that will be the profit. So take out expenses/taxes/etc and the number of actual profit will be much lower. With that said, it is unrealistic to believe that VF profits will be able to be used immediately for purchase of companies or buyback.

The VF profit/future profit could certainly be leveraged to purchase KOTA/5G, but not an outright purchase, and certainly not for a buyback.

The only real solution is getting financing at this point.

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