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Phi Group Inc PHIL
(Total Views: 213)
Posted On: 05/21/2019 7:31:25 AM
Post# of 4319
Posted By: curncman
WinstonNC, thanks for summarizing the salient points from 10Q filing. Just to repeat what I understood from your analysis is that 5 million income is due as revenues which shall flow in as per schedule into PHIL before the BUYBACK ends on March 13,2020. So we shall enough monies to complete 5billion shares buyback at 0.0001 price levels. So what is essentially means we all have to wait till March 2020 for the buyback to be complete and hope fully by that time other revenues from VINAFILMS shall be recorded into the books of PHIL in September 2019. But there is no mention about asian diamond xchange which is very surprising to me considering that CEO Henry was touting about it in the most recent CC.? Moreover no mention about SAIGON PALACE acquisition?? any ideas on that? thanks













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