Replies to post #34899 on PHI Group Inc (PHIL)

[Exit6]

I haven't found it. Also the addition of the new equipment. I don't know how to find out if any of this happened.

"In accordance with Vinafilms’ domestically audited annual report containing financial statements for the year ended December 31, 2017, it generated $25 million in revenues and $765,000 in EBITDA in 2017. It has recently installed a German state-of-the-art plastic film processing system and will add two more of these to meet the growing domestic and international demand for its products. Vinafilms also plans to enter a joint venture with a leading Vietnamese plastic bag manufacturing company with an aim to bring combined revenues to over $150 million per year by the end of 2019. PHI Group’s management believes the acquisition of Vinafilms, subject to the Company’s meeting compliance standards, should enable PHIL to qualify for an uplist to the Nasdaq Stock Market in the very near future."

[TheKing2022]

Yes. Hoovers lists PHI Group as the owner.
Saigon Palce deal fell thru, it done.