PHI Group Inc (PHIL)

[saving_ryan]

At some point excuses have to stop being made for Henry. He has had plenty of opportunities to bring shareholder value or at least communicate what is going on. At some point leaders need to be held accountable. 20B+ shares have been added to the share structure in the past two years and we have very little clue as to what that was used for other than a crypto coin that is no longer working and a bunch of toxic notes.

If Henry actually pulls something off, all will obviously be forgiven. But until then everyone should be holding his feet to the fire, not saying 'just give him some time.' Enough time and money have been given. The only thing he pulled off that created value was get current, but even that was mainly hype about Vinafilms, which is no longer on the table either. So here we are in EM.

It's ok to expect more out of a CEO you have entrusted to bring value. And it's ok to be upset when they don't.