Replies to post #79542 on PHI Group Inc (PHIL)

[BosBruins4]

Shares will be booked very soon as they are a tax benefit. Also, Henry is under a microscope during a share buyback, because his personal gain in the shares he owns comes into question.

Also wouldn’t you figure as a current company shares bought need to be booked in the current years financials. Would it even be possible to booked them in a different FY, using the prior years revs?????

[Ikeboogie]

Henry is no dummy. He has to be extra careful with everything. I would think when he got in trouble with the FEDs they said next time we are sending you to jail so watch your step. My thing is Henry wants to buyback low priced shares i.e. the fumbles maybe the fumbles are for a reason ? He's not buying back shares @ .02 and .03 I WOULDN'T. All we need is one major PR with revenues and it goes to .05 cents.

[Forrestforthetrees]

yea the phil investors as a whole took a gut punch and it really is hard to exp[ain to people we have convinced this is the stock to be in that we are still on track. im will still hold because i believe that nothing has changed fundamentally except for the dividend but im in it for the pps hopefully it will get going once the buyback is on the books. i sincerely hope Henry will heed the call to hire a PR firm or person to help He is the genius at business but we cant be good at everything and Henry isnt good at PR so going forward i pray we can shake off this punch and roll on to prosperity for the whole Phil family i wish the best for everyone ! i pray for Henry daily too !