PHI Group Inc (PHIL): Note holders convert their shares and th...

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PHI Group Inc (PHIL)

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Re: Luka Brasi post# 116388

Monday, 07/10/2023 1:34:59 PM

Monday, July 10, 2023 1:34:59 PM

Note holders convert their shares and then the transfer agent transfers unrestricted stock to the note holders brokerage account. Many note holders immediately sell these shares to get their original money back plus a profit. Long term investors realize there is much more money to be made by holding the stock.

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