PHI Group Inc (PHIL)

[saving_ryan]

Ok, excuse me...up to $10M. Any amount of dilution lowers SP, that's how we got to where we are now. And I'll say it once again, it clearly says in the filing that the money will come 'via PHIL shares'. No real way of spinning that one.

So either we go lower or Henry has something he's going to be pulling out of his sleeve to raise SP prior to selling more shares. I would love if he did, we all prosper, I'm just skeptical of it at this point.