PHIL latest DD > PHIL: (Business Description) OTCQ
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Posted On: 04/25/2018 9:44:15 PM
PHIL latest DD > PHIL: (Business Description) OTCQB filer
Established in 1982, PHI Group, Inc. is primarily engaged in mergers and acquisitions and investing in select industries and special situations, aiming to significantly enhance long-term shareholder value. The Company also provides M&A advisory and consulting services to domestic and international clients through its wholly-owned subsidiary PHI Capital Holdings, Inc. (www.phicapitalholdings.com). The Company's subsidiaries include: 1) American Pacific Resources, Inc. (www.aprgold.com) 2) Abundant Farms, Inc 3) PHI Capital Holdings, Inc. 4) PHI EZ Water Tech, Inc. 5) PHI Group Regional Center, LLC 6) PHIVITAE Corporation 7) PHI RO Enterprises, S.R.L. (Romania)
Very conservative SS here – float is amazing and insiders hold almost 40% of the OS and have been acquiring shares in February 2018.
Share Structure
Market Value1 $2,188,425 a/o April 24, 2018
Authorized Shares 900,000,000 a/o April 4, 2018
Outstanding Shares 99,928,072 a/o April 4, 2018
-Restricted 39,173,317 a/o April 4, 2018
-Unrestricted 60,754,755 a/o April 4, 2018
Held at DTC 58,827,241 a/o April 4, 2018
Float 58,827,231 a/o March 11, 2018
Par Value 0.001
Dilution is coming to an end. The company is now generating revenue and has stated multiple times that they will strive to pay off any future notes with cash. Also, management has stated no reverse split. HUGE!
“In connection with the Company’s commitment to retire existing convertible promissory notes and those that may be issued in the future to meet critical strategic financing an investment needs, the Company will minimize potential conversions into common stock by holders of such convertible promissory notes and pay them off with cash from the Company’s revenues and/or more favorable financings at reasonable costs of capital. The Company will strive not to allow additional conversions from the remaining convertible promissory notes in the future…”
The company has been paying off notes in cash but a few portions have converted since mid February - but not that much relative to the SS.
BREAKING NEWS
PHI Group Declares Special Stock Dividend and Spins off American Pacific Resources, Inc. Subsidiary
New York, NY, April 25, 2018 (GLOBE NEWSWIRE)
https://finance.yahoo.com/news/phi-group-decl...00202.html
PHIL: (Pertinent DD Board Posts)
(Ardbeg) -
https://investorshub.advfn.com/boards/read_ms...=140210578
(Stonemonsta)
https://investorshub.advfn.com/boards/read_ms...=140232455
(Stonemonsta) -
https://investorshub.advfn.com/boards/read_ms...=140229881
(Stonemonsta) -
https://investorshub.advfn.com/boards/read_ms...=140172002
(Ardbeg) -
https://investorshub.advfn.com/boards/read_ms...=140304939
(Cordova1047) -
https://investorshub.advfn.com/boards/read_ms...=138743913
(Almost A Myth) -
https://investorshub.advfn.com/boards/read_ms...=138405440
(DD_Dempsey) -
https://investorshub.advfn.com/boards/read_ms...=138008747
(DD_Dempsey) -
https://investorshub.advfn.com/boards/read_ms...=137841940
(nvidiaforgames) -
https://investorshub.advfn.com/boards/read_ms...=138085794
(Almost A Myth) -
https://investorshub.advfn.com/boards/read_ms...=138142909
PHIL: (Current and Expected Revenue Generation)
As of March 12, 2018
With respect to the green integrated industrial park, greenhouse and wellness resort center projects in Transylvania, Romania, the Company has completed all the required due diligence and proceeded to establish "PHI EU International SRL," a Romanian subsidiary of PHI Group, Inc., to manage this undertaking. Concurrent with the strong support and encouragement from the central and local Transylvanian governments, the Company has also received funding commitments from major European financial institutions for the implementation of these projects. We plan to close this transaction with our European partner by the end of March 2018 and are confident that the integrated industrial park program will be able to produce more than $150 million in revenues from FY 2019 onwards.
As for American Pacific Resources, Inc. (APR), this subsidiary expects to meet its target of more than $6 million in revenues for FY 2017 ending June 30, 2018 from continued shipments of gold concentrates. In addition, we are confident that it will achieve more than$53 million in revenues for FY 2018 and $107 million for FY 2019 by using proprietary processing Hymax technology. On another note, APR has finalized the requirements with Gildex.io for the latter to start launching the Gildex tokens in late March 2018.
___________________________________________________________________________________________________
$432,000 in revenues from the first shipment of American Pacific Resources, Inc.’s (BOOKED DECEMBER 31, 2017)
We are pleased to let our shareholders know that APR is preparing to ship 7,000 pounds of its ultra-rich gold concentrates. This will triple the previous shipment and net $1,260,000 for the company. (January 29, 2018)
Expects to recognize more than $6 million from additional shipments for FY 2017 ending June 30, 2018.
PHI EZ Water’s conservative projected revenues from sales of water enhancement systems are $12,500,000 for FY 2018 and $25,000,000 for FY 2019.
We have just finalized a transaction that potentially has very substantial positive impact on our company's future and believe that our combined revenues will exceed $100 million in FY 2018.
The Company also expects to exceed conservative estimates of $53 million in revenues for FY 2018 and $107 million for FY 2019 from APR gold processing using proprietary Hymax technology.
According to the development plan, the Company will use a Romanian subsidiary to build an industrial park, 5-MW to 50-MW gas-fired clean energy fully integrated power plant in stages, 30 hectares of greenhouses, and a wellness treatment resort center in Transylvania, Romania. Projected revenues for this combined program are expected to exceed $150 million for FY 2019.
PHIL: (News, Filings, Material Events, Social Media)
More news is imminent.
OTC Status: Current OTCQB (Company Verified, Audited and SEC Reporting)
News/Material Events/Filings:
4/25/2018: PHI Group Declares Special Stock Dividend and Spins off American Pacific Resources, Inc. Subsidiary
https://www.otcmarkets.com/stock/PHIL/news/PH...?id=190254
4/9/2018: PHI Group Cooperates with German and Indonesian Companies to Provide Logistical and Payment Solutions to Indonesian Maritime Transportation Systems
https://www.otcmarkets.com/stock/PHIL/news/PH...?id=188584
4/6/2018: PHI Group Signs Agreement to Purchase 600-Acre Farm for Organic Fertilizer and Model Organic Farming Program in the U.S.
https://www.otcmarkets.com/stock/PHIL/news/PH...?id=188415
3/26/2018: PHI Group Cooperates with Local Companies to Grow 3,000 hectares of Sacha Inchi in Vietnam
https://www.otcmarkets.com/stock/PHIL/news/PH...?id=187216
3/22/2018: PHI Group Engages Renowned Consulting Firm to Assist in Deployment of Blockchain Technology
https://www.otcmarkets.com/stock/PHIL/news/PH...?id=186955
3/12/2018
PHI Group Provides Important Corporate Updates https://www.otcmarkets.com/stock/PHIL/news/PH...?id=185879
8K: (2/21/2018) Showing APR Gold Mining Claims have been filed with Oregon
https://backend.otcmarkets.com/otcapi/company...ntent/html
2/20/2018 PHI Group Reports Operating Results for the Second Quarter Ended December 31, 2017
https://www.otcmarkets.com/stock/PHIL/news/PH...?id=183913
10Q: (2/20/2018) for Q2 showing significant revenue YOY.
https://backend.otcmarkets.com/otcapi/company...ntent/html
8K: (2/08/2018) Showing Dilution is almost done – only $8,237.50 + interest remaining
https://backend.otcmarkets.com/otcapi/company...ntent/html
Form 4s: (2/08/2018 and 2/12/18) Insider buying
https://backend.otcmarkets.com/otcapi/company...ntent/html
https://backend.otcmarkets.com/otcapi/company...ntent/html
8K: (1/29/2018)
On January 25, 2018, the Company issued 2,500,000 shares of free-trading Common Stock of PHI Group, Inc. to EMA Financial LLC, holder of a Convertible Promissory Note dated April 4, 2017 of the Company, for the conversion of $9,625.00 of the principal balance of the Note, less $1,050 of conversion fees under the Note. The principal balance due remaining under this Note after this conversion is $9,977.50
On another note, on January 29, 2018 the Company paid off the Convertible Promissory Note issued to JSJ Investments, Inc. on 8/3/2017, including the original principal amount of $78,750.00 plus prepayment premium and accrued interest. This Note has been paid in full and the principal balance due remaining under this Note after the payment is $0.00.
In addition, as of the date of this report, except for the total remaining principal balances of $27,777.50 from Convertible Promissory Notes with EMA Financial LLC and another note holder that can be converted into Common Stock of the Company at the present time, there will be no other convertible promissory notes that are eligible for conversion into Common Stock of the Company until April 16, 2018 the earliest. The Company will pay off the other convertible promissory notes with cash from revenues and other sources before they are eligible to convert and will not allow additional conversion from the remaining convertible promissory notes to happen in the future.
2/1/2018: PHOTO Premiere: Following the success of legalizing marijuana in the US, Americans from the PHI Group come to cultivate medicinal cannabis in Transylvania
https://www.profit.ro/insider/companii/foto-p...a-17827991
2/1/18: American Pacific Resources Launches GILDEX Blockchain Coins for Gold Industry, Estimated to Bring Upwards of $1 Billion Value in the Coming Year
https://www.nasdaq.com/press-release/american...0201-00934
1/30/18: PHI Group Updates on Industrial Park, Greenhouse, Medical Cannabis and Wellness Treatment Resort Projects in Transylvania, Romania
(Project Revenues Expected to Exceed $150 million for FY 2019)
https://globenewswire.com/news-release/2018/0...mania.html
1/26/18: PHI Group Reports Sale Revenues and Provides Updates on Transformational Corporate Developments
https://globenewswire.com/news-release/2018/0...ments.html
1/11/18: PHI Group Partners with Vietnamese Bio-Organic Fertilizer Producer
https://globenewswire.com/news-release/2018/0...ducer.html
1/9/18: PHI Group Sets Up Subsidiary to Invest in Broadband Communications Company
https://globenewswire.com/news-release/2018/0...mpany.html
1/2/18: PHI Group Signs Agreement to Build Industrial Park, Clean Energy Power Plant and Greenhouse in Transylvania, Romania
https://globenewswire.com/news-release/2018/0...mania.html
12/19/17: American Pacific Resources Begins Shipping Gold Ore Concentrates
https://globenewswire.com/news-release/2017/1...rates.html
12/5/17: PHI Group to Set Up Luxembourg Bank Fund to Finance Investment Projects
https://globenewswire.com/news-release/2017/1...jects.html
Social media:
Twitter link - https://twitter.com/PHIGROUP?lang=en
Recent Significant Tweets:
PHI GROUP INC.? @PHIGROUP 2h2 hours ago
More
In case you missed it: $PHIL declares special stock dividend -
PHI GROUP INC.? @PHIGROUP Apr 19
More
$GILDEX final review underway, stay tuned for imminent launch!
PHI GROUP INC.? @PHIGROUP Apr 9
More
In case you did not see $PHIL's latest news release: PHI Group Cooperates with German and Indonesian Companies to Provide Logistical and Payment Solutions to Indonesian Maritime Transportation Systems
PHI GROUP INC.? @PHIGROUP Mar 26
More
$PHIL PHI Group Cooperates with Local Companies to Grow 3,000 hectares of Sacha Inchi in Vietnam https://finance.yahoo.com/news/phi-group-coop...soc_trk=tw … via @YahooFinance
PHI GROUP INC.? @PHIGROUP Mar 22
More
PHI Group Engages Renowned Consulting Firm to Assist in Deployment of Blockchain Technology
PHI GROUP INC.? @PHIGROUP Mar 22
More
We want to thank our shareholders for your recent comments and feedback. $PHIL CEO has been on an extended business trip in Asia to finalize some extraordinary transactions that will have very significant impact on our shareholder value. Lots of updates forthcoming. #Diamond
PHI GROUP INC.? @PHIGROUP Mar 12
More
We would like to thank our loyal shareholders for your recent comments and feedback. $PHIL is moving ahead and following through with our recently announced projects, and more. We are anticipating some huge, exciting developments for our shareholders. News coming shortly.
PHI GROUP INC.? @PHIGROUP Mar 6
More
$PHIL CEO left for Asia last Tuesday to follow up on several big transactions for the Company. There will be important updates soon. Stay tuned! $PHIL #organic farming #Blockchain #gold #diamond #GreenEnergy
PHI GROUP INC.? @PHIGROUP Feb 22
More
For the sake of clarity, $PHIL paid off the LG convertible note with cash, not conversion into stock. On another note, we are in the middle of a couple acquisitions that should close very soon. #GILDEX launching is at hand too. Stay tuned!
Established in 1982, PHI Group, Inc. is primarily engaged in mergers and acquisitions and investing in select industries and special situations, aiming to significantly enhance long-term shareholder value. The Company also provides M&A advisory and consulting services to domestic and international clients through its wholly-owned subsidiary PHI Capital Holdings, Inc. (www.phicapitalholdings.com). The Company's subsidiaries include: 1) American Pacific Resources, Inc. (www.aprgold.com) 2) Abundant Farms, Inc 3) PHI Capital Holdings, Inc. 4) PHI EZ Water Tech, Inc. 5) PHI Group Regional Center, LLC 6) PHIVITAE Corporation 7) PHI RO Enterprises, S.R.L. (Romania)
Very conservative SS here – float is amazing and insiders hold almost 40% of the OS and have been acquiring shares in February 2018.
Share Structure
Market Value1 $2,188,425 a/o April 24, 2018
Authorized Shares 900,000,000 a/o April 4, 2018
Outstanding Shares 99,928,072 a/o April 4, 2018
-Restricted 39,173,317 a/o April 4, 2018
-Unrestricted 60,754,755 a/o April 4, 2018
Held at DTC 58,827,241 a/o April 4, 2018
Float 58,827,231 a/o March 11, 2018
Par Value 0.001
Dilution is coming to an end. The company is now generating revenue and has stated multiple times that they will strive to pay off any future notes with cash. Also, management has stated no reverse split. HUGE!
“In connection with the Company’s commitment to retire existing convertible promissory notes and those that may be issued in the future to meet critical strategic financing an investment needs, the Company will minimize potential conversions into common stock by holders of such convertible promissory notes and pay them off with cash from the Company’s revenues and/or more favorable financings at reasonable costs of capital. The Company will strive not to allow additional conversions from the remaining convertible promissory notes in the future…”
The company has been paying off notes in cash but a few portions have converted since mid February - but not that much relative to the SS.
BREAKING NEWS
PHI Group Declares Special Stock Dividend and Spins off American Pacific Resources, Inc. Subsidiary
New York, NY, April 25, 2018 (GLOBE NEWSWIRE)
https://finance.yahoo.com/news/phi-group-decl...00202.html
PHIL: (Pertinent DD Board Posts)
(Ardbeg) -
https://investorshub.advfn.com/boards/read_ms...=140210578
(Stonemonsta)
https://investorshub.advfn.com/boards/read_ms...=140232455
(Stonemonsta) -
https://investorshub.advfn.com/boards/read_ms...=140229881
(Stonemonsta) -
https://investorshub.advfn.com/boards/read_ms...=140172002
(Ardbeg) -
https://investorshub.advfn.com/boards/read_ms...=140304939
(Cordova1047) -
https://investorshub.advfn.com/boards/read_ms...=138743913
(Almost A Myth) -
https://investorshub.advfn.com/boards/read_ms...=138405440
(DD_Dempsey) -
https://investorshub.advfn.com/boards/read_ms...=138008747
(DD_Dempsey) -
https://investorshub.advfn.com/boards/read_ms...=137841940
(nvidiaforgames) -
https://investorshub.advfn.com/boards/read_ms...=138085794
(Almost A Myth) -
https://investorshub.advfn.com/boards/read_ms...=138142909
PHIL: (Current and Expected Revenue Generation)
As of March 12, 2018
With respect to the green integrated industrial park, greenhouse and wellness resort center projects in Transylvania, Romania, the Company has completed all the required due diligence and proceeded to establish "PHI EU International SRL," a Romanian subsidiary of PHI Group, Inc., to manage this undertaking. Concurrent with the strong support and encouragement from the central and local Transylvanian governments, the Company has also received funding commitments from major European financial institutions for the implementation of these projects. We plan to close this transaction with our European partner by the end of March 2018 and are confident that the integrated industrial park program will be able to produce more than $150 million in revenues from FY 2019 onwards.
As for American Pacific Resources, Inc. (APR), this subsidiary expects to meet its target of more than $6 million in revenues for FY 2017 ending June 30, 2018 from continued shipments of gold concentrates. In addition, we are confident that it will achieve more than$53 million in revenues for FY 2018 and $107 million for FY 2019 by using proprietary processing Hymax technology. On another note, APR has finalized the requirements with Gildex.io for the latter to start launching the Gildex tokens in late March 2018.
___________________________________________________________________________________________________
$432,000 in revenues from the first shipment of American Pacific Resources, Inc.’s (BOOKED DECEMBER 31, 2017)
We are pleased to let our shareholders know that APR is preparing to ship 7,000 pounds of its ultra-rich gold concentrates. This will triple the previous shipment and net $1,260,000 for the company. (January 29, 2018)
Expects to recognize more than $6 million from additional shipments for FY 2017 ending June 30, 2018.
PHI EZ Water’s conservative projected revenues from sales of water enhancement systems are $12,500,000 for FY 2018 and $25,000,000 for FY 2019.
We have just finalized a transaction that potentially has very substantial positive impact on our company's future and believe that our combined revenues will exceed $100 million in FY 2018.
The Company also expects to exceed conservative estimates of $53 million in revenues for FY 2018 and $107 million for FY 2019 from APR gold processing using proprietary Hymax technology.
According to the development plan, the Company will use a Romanian subsidiary to build an industrial park, 5-MW to 50-MW gas-fired clean energy fully integrated power plant in stages, 30 hectares of greenhouses, and a wellness treatment resort center in Transylvania, Romania. Projected revenues for this combined program are expected to exceed $150 million for FY 2019.
PHIL: (News, Filings, Material Events, Social Media)
More news is imminent.
OTC Status: Current OTCQB (Company Verified, Audited and SEC Reporting)
News/Material Events/Filings:
4/25/2018: PHI Group Declares Special Stock Dividend and Spins off American Pacific Resources, Inc. Subsidiary
https://www.otcmarkets.com/stock/PHIL/news/PH...?id=190254
4/9/2018: PHI Group Cooperates with German and Indonesian Companies to Provide Logistical and Payment Solutions to Indonesian Maritime Transportation Systems
https://www.otcmarkets.com/stock/PHIL/news/PH...?id=188584
4/6/2018: PHI Group Signs Agreement to Purchase 600-Acre Farm for Organic Fertilizer and Model Organic Farming Program in the U.S.
https://www.otcmarkets.com/stock/PHIL/news/PH...?id=188415
3/26/2018: PHI Group Cooperates with Local Companies to Grow 3,000 hectares of Sacha Inchi in Vietnam
https://www.otcmarkets.com/stock/PHIL/news/PH...?id=187216
3/22/2018: PHI Group Engages Renowned Consulting Firm to Assist in Deployment of Blockchain Technology
https://www.otcmarkets.com/stock/PHIL/news/PH...?id=186955
3/12/2018
PHI Group Provides Important Corporate Updates https://www.otcmarkets.com/stock/PHIL/news/PH...?id=185879
8K: (2/21/2018) Showing APR Gold Mining Claims have been filed with Oregon
https://backend.otcmarkets.com/otcapi/company...ntent/html
2/20/2018 PHI Group Reports Operating Results for the Second Quarter Ended December 31, 2017
https://www.otcmarkets.com/stock/PHIL/news/PH...?id=183913
10Q: (2/20/2018) for Q2 showing significant revenue YOY.
https://backend.otcmarkets.com/otcapi/company...ntent/html
8K: (2/08/2018) Showing Dilution is almost done – only $8,237.50 + interest remaining
https://backend.otcmarkets.com/otcapi/company...ntent/html
Form 4s: (2/08/2018 and 2/12/18) Insider buying
https://backend.otcmarkets.com/otcapi/company...ntent/html
https://backend.otcmarkets.com/otcapi/company...ntent/html
8K: (1/29/2018)
On January 25, 2018, the Company issued 2,500,000 shares of free-trading Common Stock of PHI Group, Inc. to EMA Financial LLC, holder of a Convertible Promissory Note dated April 4, 2017 of the Company, for the conversion of $9,625.00 of the principal balance of the Note, less $1,050 of conversion fees under the Note. The principal balance due remaining under this Note after this conversion is $9,977.50
On another note, on January 29, 2018 the Company paid off the Convertible Promissory Note issued to JSJ Investments, Inc. on 8/3/2017, including the original principal amount of $78,750.00 plus prepayment premium and accrued interest. This Note has been paid in full and the principal balance due remaining under this Note after the payment is $0.00.
In addition, as of the date of this report, except for the total remaining principal balances of $27,777.50 from Convertible Promissory Notes with EMA Financial LLC and another note holder that can be converted into Common Stock of the Company at the present time, there will be no other convertible promissory notes that are eligible for conversion into Common Stock of the Company until April 16, 2018 the earliest. The Company will pay off the other convertible promissory notes with cash from revenues and other sources before they are eligible to convert and will not allow additional conversion from the remaining convertible promissory notes to happen in the future.
2/1/2018: PHOTO Premiere: Following the success of legalizing marijuana in the US, Americans from the PHI Group come to cultivate medicinal cannabis in Transylvania
https://www.profit.ro/insider/companii/foto-p...a-17827991
2/1/18: American Pacific Resources Launches GILDEX Blockchain Coins for Gold Industry, Estimated to Bring Upwards of $1 Billion Value in the Coming Year
https://www.nasdaq.com/press-release/american...0201-00934
1/30/18: PHI Group Updates on Industrial Park, Greenhouse, Medical Cannabis and Wellness Treatment Resort Projects in Transylvania, Romania
(Project Revenues Expected to Exceed $150 million for FY 2019)
https://globenewswire.com/news-release/2018/0...mania.html
1/26/18: PHI Group Reports Sale Revenues and Provides Updates on Transformational Corporate Developments
https://globenewswire.com/news-release/2018/0...ments.html
1/11/18: PHI Group Partners with Vietnamese Bio-Organic Fertilizer Producer
https://globenewswire.com/news-release/2018/0...ducer.html
1/9/18: PHI Group Sets Up Subsidiary to Invest in Broadband Communications Company
https://globenewswire.com/news-release/2018/0...mpany.html
1/2/18: PHI Group Signs Agreement to Build Industrial Park, Clean Energy Power Plant and Greenhouse in Transylvania, Romania
https://globenewswire.com/news-release/2018/0...mania.html
12/19/17: American Pacific Resources Begins Shipping Gold Ore Concentrates
https://globenewswire.com/news-release/2017/1...rates.html
12/5/17: PHI Group to Set Up Luxembourg Bank Fund to Finance Investment Projects
https://globenewswire.com/news-release/2017/1...jects.html
Social media:
Twitter link - https://twitter.com/PHIGROUP?lang=en
Recent Significant Tweets:
PHI GROUP INC.? @PHIGROUP 2h2 hours ago
More
In case you missed it: $PHIL declares special stock dividend -
PHI GROUP INC.? @PHIGROUP Apr 19
More
$GILDEX final review underway, stay tuned for imminent launch!
PHI GROUP INC.? @PHIGROUP Apr 9
More
In case you did not see $PHIL's latest news release: PHI Group Cooperates with German and Indonesian Companies to Provide Logistical and Payment Solutions to Indonesian Maritime Transportation Systems
PHI GROUP INC.? @PHIGROUP Mar 26
More
$PHIL PHI Group Cooperates with Local Companies to Grow 3,000 hectares of Sacha Inchi in Vietnam https://finance.yahoo.com/news/phi-group-coop...soc_trk=tw … via @YahooFinance
PHI GROUP INC.? @PHIGROUP Mar 22
More
PHI Group Engages Renowned Consulting Firm to Assist in Deployment of Blockchain Technology
PHI GROUP INC.? @PHIGROUP Mar 22
More
We want to thank our shareholders for your recent comments and feedback. $PHIL CEO has been on an extended business trip in Asia to finalize some extraordinary transactions that will have very significant impact on our shareholder value. Lots of updates forthcoming. #Diamond
PHI GROUP INC.? @PHIGROUP Mar 12
More
We would like to thank our loyal shareholders for your recent comments and feedback. $PHIL is moving ahead and following through with our recently announced projects, and more. We are anticipating some huge, exciting developments for our shareholders. News coming shortly.
PHI GROUP INC.? @PHIGROUP Mar 6
More
$PHIL CEO left for Asia last Tuesday to follow up on several big transactions for the Company. There will be important updates soon. Stay tuned! $PHIL #organic farming #Blockchain #gold #diamond #GreenEnergy
PHI GROUP INC.? @PHIGROUP Feb 22
More
For the sake of clarity, $PHIL paid off the LG convertible note with cash, not conversion into stock. On another note, we are in the middle of a couple acquisitions that should close very soon. #GILDEX launching is at hand too. Stay tuned!
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