Replies to post #71575 on PHI Group Inc (PHIL)

[Pokerpro05]

Hi ulmadi,

I'm guessing the Q's won't have any buybacks on them being PHIL cannot transfer them to the books till current. I may be wrong and someone who knows more can chime in, but this is my thinking. It really doesn't matter because once PHIL is current we'll know. I just hope it's billions though.

I am assuming that every Q1 to Q3 includes the amount of the buyback. To do this, it will be necessary to request the appropriate number of buybacks shortly before submitting each individual Q and to include them in the books.
Correct?

When Q1 / 2021 appears and billions of buyback shares have already been reported (!?), The price will probably explode.
I am assuming that most of the buyback took place in the 1Q at prices of 0.0001. Perhaps well over 10 million here?

Release $PHIL Kraken!!!

Pokerpro05

[MasterFeldan]

The dividend is the icing on the cake for me. MasterFeldan recently made an invoice about it, e.g. that every token is deposited with gold. So if I have 10 million PHIL shares, I would be 5,000 on December 31, 21
ARP shares received. This time the gold price of 1,800 would be $ 9 million. As MasterFeldan then said, a fraction of it would make him happy. Me too! I know it's all just speculation right now

I should probably clarify/speculate...

APR and Gildex are two separate legal entities.

https://opencorporates.com/companies/us_wy/2016-000710882
https://opencorporates.com/companies/us_fl/P18000046101

However... Gildex (in loose terms) was supposed to be the sub-company of a subsidiary (APR).

https://www.globenewswire.com/news-release/2018/02/01/1330166/0/en/American-Pacific-Resources-Launches-GILDEX-Blockchain-Coins-for-Gold-Industry-Estimated-to-Bring-Upwards-of-1-Billion-Value-in-the-Coming-Year.html

Gildex was to be backed by gold taken from APR. That's how they were connected. Gildex was to have a few different tokens being pumped out - silver, diamond, platinum, etc. Are they tiers? Or are they backed by that resource? I don't know. Based on this press release, I would imagine probably backed by that resource. We do know that Henry has plans to have a crypto backed by diamonds. We also know that at one point, Henry wanted diamond mines. Would those diamond mines also be operated by APR? It can easily be inferred that Gildex will host both gold and diamond tokens regardless.

Gildex is going to be worth billions. Period.

APR was shares only. No tokens. But the value of what APR was pulling from the ground was going to directly impact Gildex tokens and in turn APR would be positively affected by Gildex. And that's where the lines started getting blurry. If that's still the case... APR may be worth just as much as Gildex is anyway. It's not always the case but typically the "parent" company is worth more than its sub-company... depending on how it is set up. Of course there are variables... share count vs token count, operating costs, etc. Again... the lines were blurry for me and I wish I had paid more attention back then.

Shares = APR
Tokens = Gildex

Connected, but separate.

Remember that that PR was from a couple of years ago. We were going to be given a divvy in shares. Then it was shares and some tokens. It doesn't necessarily mean we are going to be given the same amount of tokens as we are shares. It also doesn't necessarily mean that the plan is still the same. We know that Henry wants to give us some of each. We just have to wait and see what happens.

IMO, Henry is probably still trying to figure out the details and it's also probably not a priority with getting all those subcomps online, ADE, the Lux Fund, getting current, etc. The blockchain and creating the actual crypto exchange are going to need be completed first. I know there are a couple of people out there that have been digging deep on the fintech companies that Henry had purchased.

I know that Henry appreciates his shareholders. He really wants to make a difference to his longs. I feel strongly he's going to take care of us either way.

[JHayesFishing]

ARP shares won't be equal to the price of gold. You must not be in the crypto space to say that. They will profit from their crypto space and that could be from their own exchange but we don't know yet.