Replies to post #95033 on PHI Group Inc (PHIL)

[passinthru]

explanation from sd hunter :

It's for 5G, Kota, & another acquisition imo prob other half of VF. Henry is headed to Dubai soon to secure the loans.

Are the shares hitting the open market, No. Do these deals need to be accomplished before the loans. Yes.

Take it as u want, even Apple & many well known companies did this same strategy, before any of them where ever known.

Posting this so people don't lose their minds. Henry will update everyone here soon. Loans are 100% still a go -- What I was told.