PHI Group Inc (PHIL)

[mythical_phenix]

The backyard clubhouse gang strikes again.

From the 8K filed today https://www.sec.gov/ix?doc=/Archives/edgar/data/0000704172/000149315222031947/form8-k.htm

We read the following tidbits:

1. Date challenged. Again.

Second Amendment to the Stock Transfer Agreement that was signed on August 13, 2023

Does no one proofread these things? That is just ridiculous especially since another 8K was recently filed to correct the first goof (https://www.sec.gov/ix?doc=/Archives/edgar/data/0000704172/000149315222027786/form8-ka.htm)

2. Hope and a prayer.

TTG agrees with PGG that the parties try to promote all investment programs that PGG has proposed as soon as possible

They are going to try to promote and they are going to do it as soon as possible Are you kidding me? LOL!

3.But they are not quite sure what is going to be done exactly...

shall transfer 51% share of TTG to the Company to be assigned by PGG

What is the Company to be assigned?

4.But they need some WAM...

shall arrange a sum of money via PHIL’s shares up to US$ 10 million

What in the world does this mean? Via PHIL's shares? Up to? So it could be zero?

5.Might need a bigger clubhouse...

TTG and PGG shall unify to become a large organization

Gonna be 'unifying' to become 'large'. lol! Can't make this up.

Who wrote this, the Little Rascals?
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