Replies to post #71933 on PHI Group Inc (PHIL)

[Heresjohnnyyy]

I am ride or die with phil I won't be trimming anything..I believe not just in the company but Henry's mission aswell..however with that being said it can not be ignored that if vinafilms does not show or if henry can't give us a accurate statement on the current condition of vinafilms or a report on how much they are producing then it will be a massive disappointment to investors..and if that's the case I feel especially bad for certain individuals who are currently under the impression that Q3 will show big results and continue to impress this on new investors..expectations should be tempered well before current if that's the case

[Exit6]

If the revenue speculated to fund the buyback isn't in the filing, yet buyback itself is announced, why in the world would s/p decline based on investor sentiment??? Do think a buyback of, say, 15-20B shares won't drive new volume?

I don't see it.