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Re: cojoboy post# 106147

Thursday, 08/04/2022 9:14:42 PM

Thursday, August 04, 2022 9:14:42 PM

Post# of 119359
This is true.

But a loss is a loss when it comes to going to a bank for a loan. They don't care if you paid your taxes or not.

Heres a link to PHIL sec filings. look em over.

https://www.sec.gov/edgar/search/#/ciks=0000704172&entityName=PHI%2520GROUP%2520INC%2520(PHIL%252C%2520PHIG%252C%2520PHIGW)%2520(CIK%25200000704172)

Henry does make money and some years had a decent cash flow. But the problem is he is a terrible businessman and spends WAY more then he makes. LOTS of toxic debt and high interest short term loans. And he pays for everything with shares which hurts us.

Livin large, thanks to YOU!

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