PHI Group Inc (PHIL)

[saving_ryan]

But why hold off on reporting the share increase? He's never gone longer than 1-2 weeks before reporting an increase and now we are over a month of 0 increase updates.

And again, it's not like he hasn't updated it, it's been kept current just with no increases. I'm not sure if there is a reporting rule on giving an incorrect/delayed update or not. I would understand if there were no updates, but just seems strange that there have been updates with no increases while these share 'dumps' have been going on.

So what if these big share buys/sells were part of some other negotiated transactions?

Either way I always wince when I look up the share structure on Friday afternoons just waiting for a big fat increase.