Replies to post #100809 on PHI Group Inc (PHIL)

[Green Leaf Smoker]

Please inform all where did henry get this kind of monies to have the ability to purchase shares (half a million $$$'s & got 'a believe has war chest of $$$ remaining ,,,,how can this be....flip shares??? Also shows investors vote of no confidence that henry has any ability to move this company forward.
Warning!!! This information could be extremely painful for most investors of this play
On August 19, 2021 Henry Fahman converted $500,000 of the loan that he made to PHI Group on 02/07/2020 into 103,279,112 shares of restricted Common Stock of PHI Group, Inc. to increase his direct ownership in the Company. A Form 4 will be filed with the Securities and Exchange Commission to report the transaction.
Math indicates Phil’s ceo made the same bad investment as 99% of phil sh’ers as SP purchase price was .00484 thus if purchased today could ‘a bought over double (250,000,000 vs. 103,279,112 ) the amount of shares. By all indicators this was a horrendous business transaction mirroring 20 + years of how ones been running company
Since this SP train has been going in reverse for 6 + months shouldn't have any problem picking up overpriced teen shares on it's way to triple zeroes (.000?)....this link will help investors do the math on when the SP will hit triple zeroes https://finance.yahoo.com/quote/PHIL/history?p=PHIL