Replies to post #83456 on PHI Group Inc (PHIL)

[Hydra_Crab]

He took out those restricted shares to forgive and decrease over a million dollars of debt to the PHIL. It also shows that they believe by this time next year the price will be exponentially higher.

[sewer182]

Opps. He did not "award" himself shares. Bold faced lie. He took shares instead of the salary he was owed.

[facts_matter14]

Which hurts shareholder value more?
Having a million dollars in debt, payable on demand,
or
having the CEO lock up 200 million shares for at least a year, with a huge OS reduction to take place prior to that year being up?

Hmmmmmmmm. Not a tough call on that one.

[facts_matter14]

Still waiting for a reply: The debt was there, so, which hurts shareholder value more?
Having a million dollars in debt, payable on demand,
or
having the CEO lock up 200 million shares for at least a year, with a huge OS reduction to take place prior to that year being up?

Hmmmmmmmm. Not a tough call on that one.