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Friday, October 21, 2022 5:20:00 PM
PHI Group has recently engaged Grant Thornton Vietnam Ltd. (www.grantthornton.com.vn.) to conduct an independent valuation to determine the fair-market value of Vinafilms JSC.
From the 8K today:
PHI agrees to reimburse VNF for all such reasonable auditing expenses incurred or paid for by VNF in connection with the financial audits carried out by DylanFloyd and M.S. Madhava Rao auditing firms with respect to said Business Cooperation Agreement.
That press release dated 25 September 2018 ( https://www.globenewswire.com/fr/news-release/2018/09/25/1575674/0/en/PHI-Group-Acquires-51-of-Vinafilms-JSC-with-Preferred-Stock.html ) has another nugget:
PHI Group’s management believes the acquisition of Vinafilms should enable PHIL to qualify for an uplist to the Nasdaq Stock Market in the very near future.
The Q! How many times over the years has Henry floated the Q !?!? Quite a few. Yet here it languishes in the pink sheets in danger of moving to Expert Market.
Recent PHIL News
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