Replies to post #10818 on PHI Group Inc (PHIL)

[mgplayer247]

The volume has been dwindling the last few days as selling has slowed. Lots of eyes on this right now as people await the quarterly next week for confirmation of revenues increasing, as well as news that we have been told is imminent. Chart looks great as we've built a nice base around the .05 level on lower volume, which shows that a whole lot of people have shares locked up above .04 and are awaiting the next leg up here.

Patience pays...stock is thin right now so the gap and swings will scare people. For those that have done their DD, this is just another day/week to accumulate. :)

Good luck to all!

[fojcol]

Imo it's just the influence of the drop in the broader markets. Last Friday and today, big drop in the DOW, and to many, that's representative of all stocks! lol! Won't last long.

[DD_dempsey]

Digging into $PHIL 8k now...You found the goldmine!

I'm not even sure if you realize what you have stumbled upon my friend but ....it's quite clear to me that management at $PHIL is suggesting the following...

On another note, the Company’s management has worked together the last few weeks to discuss the future of PHI Group, Inc. as it solidifies its international business enterprises. In that regard, management is currently considering various additional corporate updates, among other things, that will ultimately prove to be shareholder-friendly, such as:

1- new stock dividend distributions from American Pacific Resources, Inc. and other selective subsidiaries of the Company,

2- free or discounted allocations of GILDEX Coins to the Company’s shareholders, and

3- amending the Company’s authorized capital structure.

THIS LANGUAGE IS EXACTLY FROM THE 8K. What's very interesting is the potential CHANGE TO AUTHORIZED CAPITAL STRUCTURE....... That means... REDUCTION OF A/S!!! Shareholder friendly.

IMO - one of the more well written and thorough 8'ks that I've seen in some time in the OTC. What they wrote sbout the ICO- Gildex coins- the S-1, The disclosures, investor protections, the white paper .... That's exactly the way the SEC has made clear they want to see it. I'm not sure I've seen it addressed so succinctly.

VERY VERY INTRIGUING HERE !