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Phi Group Inc PHIL
(Total Views: 420)
Posted On: 02/25/2020 12:08:14 AM
Post# of 4319
Posted By: KYCats
The latest Tweet stated that PHIL has met its original obligation in order to activate the RAIF fund. From what I understand, that is 1.2 million Euros. If we have met that, would the fund not already be activated? If there is way more than that in the fund, why not say that “we have way more than we needed in the RAIF fund than originally was required”? If there is some hope of buying back at a lower rate, this does not give a specific number, but it does let investors know that the second mortgage on Henry’s home, begging shareholders for money, etc..., is not what barely got us to the 1.25 million Euros. When do we here what the new partner contributed? I am hopeful but information poor.













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