Replies to post #109568 on PHI Group Inc (PHIL)

[rickjc]

Wasn't that long ago. Where's the money coming from to finance all these trips he's been making? Hope he's flying coach. All that's come out of them is more photo ops.

[Militia Man]

PHHILThat deal ditched is likely a very good thing.. Not sure it was pumped by anyone and now, the view that is on the radar on this end is follow the money. What is on the radar is just that, the money.. ~ MM

Current Fund Strategy: Initial Target Raise of USD $1 Billion. (Currently there is a $500M commitment from a group of European and Asian investors plus other equity
and debt financing sources consisting of $3.350 Billion that have agreed to invest alongside Philux Global Select Growth Fund in these select opportunities).