PHI Group Inc (PHIL)

[Sheddoggie]

According to the last 10-Q...

9. AGREEMENT WITH CHOKY F. SIMANJUNTAK (CYFS Group)
On August 02, 2021, the Company signed a Letter of Intent with Indonesia-based CYFS Group, headed by Mr. Choky Fernando Simanjuntak, to sponsor and co-found CO2-1-0 (CARBON) CORP to implement a new disruptive carbon mitigation initiative through environmentally sustainable projects starting in Indonesia, Vietnam, other ASEAN countries, and worldwide. On September 21, 2021 CO2-1-0 (CARBON) CORP was incorporated as a Wyoming corporation to manage this program. PHI Group will contribute a major portion of the development budget and will hold 50.1% shares of CO2-1-0 (CARBON).

So I'd say we won't make a dime off it until:
A.They offer shares and list on a market then we get 50.1% of what ever amount of shares they offer.
B. Henry has to cough up some coin to help pay for development.

Conclusion: Another one of Henrys talking points that will yield nothing.