PHI Group Inc (PHIL)

[saving_ryan]

So this is an interesting one. All of this may be a little dilution as a loan repayment to TTG that is due tomorrow.

From the 8-K on 1/18:
PGG covenants to repay the outstanding principal amounts currently due TTG totaling Two Hundred Five Thousand U.S. Dollars (USD 205,000) and Twenty-Eight Thousand EUR (28,000 EUR) plus accrued interest before February 10, 2023, irrespective of the Closing of said Stock Transfer Agreement.

Think about it: Dilution essentially stopped mid-September, a few weeks after the original TTG agreement came through. And now he has a repayment date of Feb. 10.

All speculation of course, but if this is indeed the case then we should start to see OTCX lighten up either today or tomorrow. So I guess we'll see. And for that amount it would add around 150,000,000 shares to the count.