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Phi Group Inc PHIL
(Total Views: 305)
Posted On: 06/22/2019 12:23:59 PM
Post# of 4319
Posted By: WinstonNC
Re: curncman #398
Curncman imo it all depends on the timing of collecting the
$4M from DIO deal and $1M from the other company.

I think CEO Henry set the APR divvy to Sept 30, 2019
to give time to be able to collect those funds this SUMMER
and be in a position to start the BUYBACK around SEPT 2019
accompanied by other News on M&A-VINA-LUXFUNDS-
DIAMONDS-APR
shortly after the BUYBACK begins.

In the meantime from now until SEPT that likely means we'll
see more DILUTION and I'm expecting the O/S to be
around 12B to 14B by the time we get to SEPT 2019.













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