PHI Group Inc (PHIL): "effectively materialize". What does t...

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mythical_phenix

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mythical_phenix

Re: None

Wednesday, 01/24/2024 3:31:49 PM

Wednesday, January 24, 2024 3:31:49 PM

"effectively materialize". What does that even mean?

From the latest 10Q:

Once the Company has effectuated all budgeting and all financial requirements and obligations, the ongoing process will effectively materialize and Mr. Smet then shall transfer the entire venture to Philux Global Group, Inc.

Sounds likes a Harry Potter spell.

Appare Vestigium! Abracadabra! Plugh! XYZZY!

Poof: the ADE just magically materializes.

Wait. That's right after PHIL magically and effectively materializes "all financial requirements and obligations".
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Recent PHIL News

Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/20/2024 09:15:31 PM
Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 05/14/2024 08:30:45 PM
Form 8-K - Current report • Edgar (US Regulatory) • 05/13/2024 05:29:57 PM
Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 03/11/2024 10:05:47 AM
Form 8-K - Current report • Edgar (US Regulatory) • 02/21/2024 12:34:23 PM
Form 8-K - Current report • Edgar (US Regulatory) • 12/26/2023 03:00:09 PM
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Form 8-K - Current report • Edgar (US Regulatory) • 12/13/2023 08:40:50 PM
Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/20/2023 09:15:52 PM
Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 11/13/2023 09:33:15 PM
Form 10-K - Annual report [Section 13 and 15(d), not S-K Item 405] • Edgar (US Regulatory) • 10/13/2023 08:10:38 PM
Form NT 10-K - Notification of inability to timely file Form 10-K 405, 10-K, 10-KSB 405, 10-KSB, 10-KT, or 10-KT405 • Edgar (US Regulatory) • 09/28/2023 08:30:15 PM
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Form 8-K - Current report • Edgar (US Regulatory) • 07/03/2023 12:00:11 PM
Form 8-K - Current report • Edgar (US Regulatory) • 06/29/2023 03:30:15 PM
Form 8-K - Current report • Edgar (US Regulatory) • 06/28/2023 09:00:23 PM
Form 8-K - Current report • Edgar (US Regulatory) • 06/28/2023 08:45:44 PM

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