Replies to post #108003 on PHI Group Inc (PHIL)

[Militia Man]

PHIL With what we are seeing the money has to have been secured by now.. BIG UP COMING AGAIN ~ MM

SECTION 8 - OTHER EVENTS

Item 8.01 Other Events.

1. Joint Venture/Partnership Agreement (Fund Management MOU) between an investor in the Gulf Cooperation Council region and PHILUX Global Group, Inc. (a/k/a PHI Group, Inc.)
Data Click here


On July 08, 2022, the registrant signed a Joint Venture/Partnership Agreement (Fund Management MOU) with an investor in the Gulf Cooperation Council region to manage an initial amount of Three Billion United States Dollars (USD 3,000,000,000) for investment in different transactions chosen and advised by the registrant for a period of ten years. According to the Agreement, after the first twenty four months of investment implementation, the registrant will be allocated 40% of the net profit from these investments.



SECTION 9 – FINANCIAL STATEMENTS AND EXHBITS



Item 9.01 Financial Statements and Exhibits



Due to the nature of strict confidentiality and non-disclosure agreement, a hard copy of the Joint Venture/Partnership Agreement (Fund Management MOU) will be submitted directly to the Securities and Exchange Commission.