PHI Group Inc (PHIL)

[saving_ryan]

No, you are incorrect. We don't own any part of Vinafilms, so there is no write off. You have to own things to write them off. Vinafilms is no where to be found in our financials anymore (Vinafilms International isn't even listed under subsidiaries anymore), so how can there possibly be a write off?

And while I can't with 100% certainty say there is dilution until the report updates. I fully expect more since that has always been the case when OTCX is on the board. Wish it wasn't.

Not here to argue, never have been. Just pointing out a few (unfortunate) facts. I honestly hope Henry pulls it all, or at least some of this, off. All with shares get wealthy, I'll never root against that.

On a positive note, looks like we just might hit .0012 today. Small steps.