PHI Group Inc (PHIL)

[Cbrnlol]

After 24 months 40% net profit, 10 years for rest…….. so it depends on ****if*** investment is profitable nobody said anything about margins ect; also it would only be managing funds from a third party (what if they bail lol)…… idk how people mistaken that for receiving lol…..

“1. Joint Venture/Partnership Agreement (Fund Management MOU) between an investor in the Gulf Cooperation Council region and PHILUX Global Group, Inc. (a/k/a PHI Group, Inc.)

On July 08, 2022, the registrant signed a Joint Venture/Partnership Agreement (Fund Management MOU) with an investor in the Gulf Cooperation Council region to manage an initial amount of Three Billion United States Dollars (USD 3,000,000,000) for investment in different transactions chosen and advised by the registrant for a period of ten years. According to the Agreement, after the first twenty four months of investment implementation, the registrant will be allocated 40% of the net profit from these investments.”