Replies to post #106812 on PHI Group Inc (PHIL)

[Exit6]

I'll feel much better when I see on the 8k that $$ is in hand. Right now the close date on the TTG deal could still be extended according to the PR, same as what happened with KOTA...and other deals that apparently couldn't be financed in time.

The language on this PR is different though in some respects so I'll take the cautiously optimistic win for now...

[Militia Man]

Why not sure?

[Militia Man]

Did any one read the data.. The GCC is meeting on Monday.. ?? I suspect those M M s are about to Shiite their pants.. 2.1 billion shares traded today.. Deals being done? AMF? GCC? Do your DD.. It means that if one in the Sukuk, they invest $100 they never loose.. Watch this frkn stock fly.. lol DFs.. imo.. FOCUS ~ MM..

"A sukuk is an Islamic financial certificate, similar to a bond in Western finance, that complies with Islamic religious law commonly known as Sharia. Since the traditional Western interest-paying bond structure is not permissible, the issuer of a sukuk essentially sells an investor group a certificate, and then uses the proceeds to purchase an asset that the investor group has direct partial ownership interest in. The issuer must also make a contractual promise to buy back the bond at a future date at par value.
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