PHI Group Inc (PHIL)

[goldstandard]

It’s simple Butch. If OTCX, CGFN, and the other known diluter MM’s don’t show up anymore, we can move up and sustain. If they constantly come back, then no. All charts, bounce plays, etc can be thrown out the window if note conversions and dilution are constantly taking place. Of course Henry could come out of hiding and address it and let us all know what’s going on...but he either chooses not to or possibly is prohibited from doing so.

That phrase he used a few months back of “market inefficiency” still irks the hell out of me. Knowing the stock was being diluted on during that entire time. I could be wrong but doesn’t look like I am. Sad to say the least. Curious (if happens) what peeps will say come mid October if deals aren’t done. Oh there is the language in the 8k’s that the timeframes can be extended if all parties agree, but that could go on indefinitely. See Kota for example. Man I hope I’m wrong. Peace