web analytics
17 C
Munich
Tuesday, August 3, 2021

PHI Group, Inc. (OTC: PHIL) Heats Up As M&A Player Goes For “Pink Current” Eyes National Exchange

PHI Group, Inc. (OTC: PHIL) is at the top of many penny stock speculators watch lists as the stocks continues to move up over established support levels. The stock has runner in its blood and recently made a powerhouse move up to highs of $0.0146 per share. Currently under heavy accumulation PHIL has been moving up in recent days. Speculators are looking for a return to previous highs and an eclipse of the $0.0146- once that happens its blue skies ahead for PHIL. 

There is a lot going on behind the scenes as PHIL management uploads outstanding files to OTCMarkets with the goal of becoming “pink current” The Company recently engaged a number of private equity firms to turbocharge inorganic growth by acquiring cash-flow positive companies that can add significant revenues and bottom lines to the Company. The Company expects to qualify for up listing to a U.S. senior exchange like Nasdaq or NYSE after the closing of one or more of such acquisitions. Currently with $26 million in “investments” on the books PHIL has a number of operating subsidiaries currently producing about $300,000 per month in revenues. Vinafilms is producing Revenue and since PHIL closed this deal in this Q PHIL will show many revenues on the next Q report.  Management states it cannot officially confirm its planned share buyback campaign until the Company filings have been released. Last year PHI Luxembourg-based subsidiary; PHI Luxembourg Development S.A., successfully activated the first-ever Luxembourg bank fund for the Vietnamese economy, PHILUX Global Funds a Reserved Alternative Investment Fund (RAIF).   

Primary LogoPHI Group, Inc OTC: PHIL is primarily engaged in the operations of PHILUX Global Funds, SCA, SICAV-RAIF, a “Reserved Alternative Investment Fund” (“RAIF”) under the laws of Luxembourg, and the development of the Asia Diamond Exchange in Vietnam. Besides, the Company provides corporate finance services, including merger and acquisition advisory and consulting services for client companies through its wholly owned subsidiary PHILUX Capital Advisors, Inc. and invests in selective industries as well as special situations that may potentially create significant long-term value for shareholders. PHILUX Global Funds will include a number of sub-funds for investment in agriculture, renewable energy, real estate, infrastructure, and the Asia Diamond Exchange in Vietnam.  PHI Group has recently engaged a number of private equity firms to turbocharge inorganic growth by acquiring cash-flow positive companies that can add significant revenues and bottom lines to the Company. The Company expects to qualify for up listing to a U.S. senior exchange like Nasdaq or NYSE after the closing of one or more of such acquisitions. 

According to the last 10k filed by PHIL the Companys owns the following subsidiaries: Abundant Farms, Inc., a Florida corporation (100%), American Pacific Resources, Inc., a Wyoming corporation (100%), ComMatrix, Inc., a Wyoming corporation (100%), Constructii SA Group, Inc., a Delaware corporation (100%), PHI Capital Holdings, Inc., a Nevada corporation (100%), PHI EZ Water Tech, Inc., a Wyoming corporation (75%), PHI Group Regional Center, LLC, a Florida limited liability company (100%), PHI Vietnam Investment and Development Company Ltd., a Vietnamese limited liability company (100%), and Phivitae Corporation, a Wyoming corporation (100%). 

PHI Capital Holdings, Inc., a wholly owned subsidiary of PHIL provides merger and acquisition (M&A) advisory services, as well as consulting services, project financing, and capital market services to clients in North America and Asia. PHI Capital Holdings has recently successfully managed merger plans for a number of public and private companies and continues to focus on serving the Pacific Rim markets. 

PHI EZ Water Tech, Inc., a Wyoming corporation, is a majority-owned subsidiary of PHI Group that manages, manufactures and markets a portfolio of innovative water treatment systems and other products developed by Dr. Martin Nguyen for agriculture, healthcare and human consumption. As of the date of this report, PHI EZ Water Tech, Inc. has not generated any revenue from operation  

https://twitter.com/likecheese2/status/1377784028657504258

To Find out the inside Scoop on PHIL Subscribe to Microcapdaily.com Right Now by entering your Email in the box below

PHIL

American Pacific Resources, Inc. (“APR”) is a holding Company for a number of natural resource projects. Bac in 2017, APR entered into an Agreement of Purchase and Sale with Rush Gold Royalty, Inc. (“RGR”), a Wyoming corporation, to acquire a 51% ownership in twenty-one mining claims over an area of approximately 400 acres in Granite Mining District, Grant County, Oregon, U.S.A., in exchange for a total purchase price of twenty-five million U.S. Dollars ($US 25,000,000) to be paid in a combination of cash, convertible demand promissory note and PHI Group, Inc.’s Class A Series II Convertible Cumulative Redeemable Preferred Stock (“Preferred Stock”). This transaction was closed effective October 3, 2017.  

Abundant Farms, Inc., is a wholly owned subsidiary that is seeking to acquire farmland, form joint ventures with governments and other farmers, and lease arable land to grow select crops and medicinal plants that potentially provide superior return on investment. Abundant Farms plans to produce proprietary organic fertilizer and provides special water treatment systems by PHI EZ Water Tech, Inc. for its own organic farming program and for sale to farmers worldwide. A 

PHI Group Regional Center, LLC is a wholly owned subsidiary with the intention to manage a new EB-5 Regional Center in connection with the Company’s organic farming program, Abundant Farms, Inc., and other potential business activities in the State of Florida. On April 27, 2017, an I-924 application was filed with the United States Citizenship and Immigration Service (USCIS) for PHI Group Regional Center, LLC.   

PHI GROUP INC (@PHIGROUP) | TwitterLast year PHI Luxembourg-based subsidiary; PHI Luxembourg Development S.A., successfully activated the first-ever Luxembourg bank fund for the Vietnamese economy, PHILUX Global Funds (www.philux.eu), a Reserved Alternative Investment Fund (RAIF). PHILUX Global Funds plans to create a number of subfund compartments over a period of time for investments in real estate, renewable energy, agriculture, healthcare and education in Vietnam. Initially, the fund intends to focus on the development of the Free-Trade Zone in the Chu Lai Open Economic Zone in Quang Nam Province, which will house the Chu Lai Multiple Commodities Center (CMCC) and the Asia Diamond Exchange (ADE), the first-ever rough diamond exchange to be established in the Asian Hemisphere comparable to the Antwerp (Belgium) and Dubai (UAE) exchanges. 

For more on PHIL Subscribe Right Now!

PHI Group, Inc. (OTC: PHIL) is at the top of many penny stock speculators watch lists as the stocks continues to move up over established support levels. The stock has runner in its blood and recently made a powerhouse move up to highs of $0.0146 per share. Currently under heavy accumulation PHIL has been moving up in recent days. Speculators are looking for a return to previous highs and an eclipse of the $0.0146- once that happens its blue skies ahead for PHIL.  There is a lot going on behind the scenes as PHIL management uploads outstanding files to OTCMarkets with the goal of becoming “pink current” The Company recently engaged a number of private equity firms to turbocharge inorganic growth by acquiring cash-flow positive companies that can add significant revenues and bottom lines to the Company. The Company expects to qualify for up listing to a U.S. senior exchange like Nasdaq or NYSE after the closing of one or more of such acquisitions. Currently with $26 million in “investments” on the books PHIL has a number of operating subsidiaries currently producing about $300,000 per month in revenues. Vinafilms is producing Revenue and since PHIL closed this deal in this Q PHIL will show many revenues on the next Q report.  Management states it cannot officially confirm its planned share buyback campaign until the Company filings have been released. Last year PHI Luxembourg-based subsidiary; PHI Luxembourg Development S.A., successfully activated the first-ever Luxembourg bank fund for the Vietnamese economy, PHILUX Global Funds a Reserved Alternative Investment Fund (RAIF).   We will be updating on PHIL when more details emerge so make sure you are subscribed to Microcapdaily so you know what’s going on with PHIL.

Sign Up now for our 100% FREE Penny Stock Newsletter

Disclosure: we hold no position in PHIL either long or short and we have not been compensated for this article.

More articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest article

Sign up now for our 100% FREE Penny Stock Newsletter

Privacy Policy. we will never share your email with anyone.