Hard to watch this. Any amount of reading facts and DD on this board, from December 2020 to June 2021, indicate that between 15B and 18B (some believe as high as 20B) shares were purchased by third parties, mostly in the trips, which will be sold to PHIL for a premium.
Using a flawed calculation of Henry buying 25M a day, and taking 2 years to buy up shares, is beyond ridiculous.
Most who have been here more then 5 minutes, understand Henry will be announcing blocks of billions of shares being bought back, once they have been purchased and transferred from the third parties, and are officially on the PHIL books, which is expected to begin as early as next week.
Henry is not buying back shares on the open market. Period.
A) He does not have the funds to do that at current pps
B) If he were doing that, he would have to file an 8-K within 4 days of buying shares on the open market, and has there been a filing to that effect?
C) If shares are currently being bought, as part of the buyback plan, they are being bought by third parties, with negotiated agreements to sell them to Henry at a later date, and are not subject to the 25M per day rules.
Solid DD and facts matter.
Tough to see all of the misinformation proliferating what used to be the best board on IHub.
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