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  4. Phi Group Inc (PHIL) Message Board

curncman the BUYBACK could begin imo as early as M

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Post# of 4319
(Total Views: 312)
Posted On: 04/27/2019 11:35:03 AM
Posted By: WinstonNC
Re: curncman #329
curncman the BUYBACK could begin imo as early as MID MAY even if CEO only begins with as little as lets say $400,000 from monies
collected from the DIO deal and liquidating some assets like
he said he would in the last CC.

The effect of just beginning a BUYBACK + combining
that with Hopefully announcing
the VINAFILMS AUDIT complete shorty after the BUYBACK
begins could have a tremendous effect on the stock price.

Remember with the VINAFILMS AUDIT complete and showing
on the balance sheet will give PHIL an annual revenue run rate
of about $50M ! If PHIL just trades conservatively at 1X that
or $50M mkt cap in the coming weeks
even if the O/S stays around the current
8B that's a stock price equivalent over .006 or some 3000%+
higher than today.

Problem is with this CEO you never know if anything is
actually going to get done until it actually happens so
you have to accept VERY HIGH RISK at this point for
the potential HIGH REWARD.



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