Replies to post #27816 on PHI Group Inc (PHIL)

[Djk0689]

I question your response due to this in the last notification on why things are delayed.

If it gets delayed again it’s possible.

It said to be in compliance with the terms and conditions of certain convertible notes.

Do you fee this is the hold up?

https://www.otcmarkets.com/stock/PHIL/news/story?e&id=1441010


Henry Fahman, Chairman and CEO of PHI Group, Inc., commented: “We are obligated to further extend the Record Date to December 31, 2019 to be in compliance with the terms and conditions of certain convertible notes of the Company that are still outstanding at the moment. At the same time, the extension will give the Company additional time to repurchase our stock and to further develop American Pacific Resources before filing a registration statement with the Securities and Exchange Commission for the spinoff.”