Replies to post #49034 on PHI Group Inc (PHIL)

[gemmerling]

Henry knows exactly what remains on the Note Holder balances and the deals he has in place so Yes IMO. He is the CEO so he has access to all company financial information. I have sent my questions to Henry and the big one is what you are asking right now. The stock cannot move if the Note holder continues to convert and dump his shares on the market. Go $PHIL

Is it safe to assume given the shares structure prior to the dilution, current dilution and anticipated dilution for where we are today that the CEO is correct there is only 1 left.

[gemmerling]

DJK - Good luck trying to figure out the note balances it is obvious to me EMA Financial LLC is the problem note holder but they converted multiple notes in the past and it is hard to tell from the filing what notes are still outstanding. We will need all the filings to figure out what is going on IMO. Go $PHIL