Replies to post #23416 on PHI Group Inc (PHIL)

[pinkslipjunkie]

statistically...and unfortunately...there is much truth in those statements.

I'm trying not to sound like a basher, because I own a bunch and want this to succeed, but I'll believe a buy back when I see it. I'm also not confident that after all the dumping, 5.3 billion (if they even come close to buying that much) would put us in respectable O/S range. Henry has yet to complete anything yet, so there's reason to be skeptical about whether the buy back will actually happen.

Again, I'm hopeful, and if the plans come together, people that bought in low might make out ok. Those of us that believed the plans a year ago may never get close to our money back.