Replies to post #35827 on PHI Group Inc (PHIL)

[Djk0689]

I would be concern if it hit over a billion like last time (14months ago) when it was being diluted for notes due.

We are all aware there are still 3 notes to payoff. Henry supposedly made payments on some of it in February but worse case it was calculated just over 16bill shares on open market.

Buyback clearly says up to 13bill shares or more as needed. This tells me the buyback factored in a portion of these notes possibly hitting the market.

Financial will tell all and will be out by end of August. Just have to wait. In the mean time the tree will shake and 1’s will fall. Just nature of how it will play out.