PHI Group Inc (PHIL): Whatever happened to the 'fity pocent le...

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mythical_phenix

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mythical_phenix

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Thursday, 01/03/2013 1:24:14 PM

Thursday, January 03, 2013 1:24:14 PM

Whatever happened to the 'fity pocent less coal' partnership? Who remembers this? The PHI Group was going to use a system from Powerdyne to accomplish this. There was about a year ago, around the same time they announced they were building a couple of power plants in Vietnam. You all must remember that, heck they created a new Nevada company to handle it: Indochina Energy. Curiously, that entity is in default. In fact, it never even had a list of officers identified. So who's building the power plants? You can still read about the Powerdyne partnership here:
http://phiglobal.com/info/partners/184-powerdyne-industries
but it is strangely absent from the current website. Maybe they decided not to use it as it would reduce the amount of coal they could sell? LOL!

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