Replies to post #49178 on PHI Group Inc (PHIL)

[facts_matter14]

Why is the only reason Henry said a RS would be considered, "suppose there is an opportunity by bringing a huge revenue generating company with strong balance sheet with substance, robust future that would change the valuation of the company, we may have to do a reverse split and take the company to NASDAQ", not mentioned in any of these comments, which now have freaked people out, and are way off base, in my opinion, for the reasons I have already stated multiple times:

Transcript from CC saying RS is an option and Don't Pump Stock thoughts? This is a major concern for many investors. I get we have potential but the CEO is telling us some very concerning items here.

You realize Henry did change his wording on the RS topic as of Thursday. This is now different than it was before from the august cc, Twitter updates, text and confirmed emails. So this is not miss information.

I believe in posting about the good and bad. This is one of those times I must bring up the bad.

With the new language used around the topic this is what many are discussing off board.

(It’s heavily speculated if the buyback is not successful after the comments on the last cc the next step would be to complete the buyback as promised for what could be done then RS the rest. This way he meets the obligations of the buyback. )

Many investors are discussing reducing there positions

You know it’s a touchy topic for any one here, let’s see what next week brings. Henry could have avoided a good amount of drama if he would have said no RS like he did in the past.

I’m for the price going up but as you know I will also point out the bad when it comes around. Right now we have that back on the table. Unless Henry comes out on Monday cc and squashes it we have to account for a possible RS.

My thoughts are announcement of buyback big or small just to say it was done to avoid any legal issues for not doing it after all this time. Then RS the pile of the buyback doesn’t get us where we need to be.

Henry choose to use some key words on the last cc that don’t sit well with investors after much discussion in PMs and off board.

I have even encouraged friends and family to invest over the last few months. I’m hoping for the best for everyone but I can see why the pps dropped Friday after the cc.

My only concern is Henry didn’t put to bed the RS topic as he has on the past communication.

I agree but I don’t like that RS is back on the table after all the other cc and Twitter updates saying no. Just another variable to calculate now.

The last time Henry said 100% no RS was in December. Now in March we hear maybe it depends on how things play out.

[ka ching]

Im with you DJK as if he did a RS and you had 10 million shares and now only 10 thousand after a RS then every dollar the stock goes up you are now only making 10 thousand dollars profit instead of 10 million profit Huge difference in value to shareholders no matter how big the company is he merged with If it went up 10 dollars in value it still isnt creating much shareholder value after a RS Ive had that happen to a stock i owned before this one where he said for years no RS then changed the language and caught everyone off guard and boom Big difference in value between a RS and no RS GO PHIL I don't believe Henry would do it before having the price way higher than where it is now so then wouldn't matter as much since everyone would be happy already before it being implemented