Replies to post #100387 on PHI Group Inc (PHIL)

[Sheddoggie]

Sorry I disagree.

The reason this has gone nowhere is the lack of follow through from Henry and zero revenues. Classic OTC. Lots of talk, big debt and no action.

Also classic is to blame the flippers, the MMs, dilution, global warming, Covid, Russia, etc. But the TRUTH is, Henry has so far failed to deliver and his company is far worse off then it was a year ago. The debt keeps growing as do the number of shares being used to pay bills.

You only make money on a stock when you sell it. I've still got my 7.1M shares but I took profits when the time seemed right. Taxes were not bad at all because I kept my profit taking under $40,000. Only had to pay 12% fed and 5% state on that.

[KennyPro]

Exactly. Flippers and triple 000's sellers are what will hold this back for some time to come..I'll wait it out. Unless of course Henry doesn't close the upcoming deals...he needs CASH to do that. He better get some fast!.