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Wednesday, December 1, 2021

PHI Group, Inc. (OTCMKTS: PHIL) Under Accumulation as M&A Player Signs Enormous Loan Agreements with Neok Financial & Haj Finance Group to Establish the Asia Diamond Exchange & Multi-Commodities Center in Vietnam

PHI Group, Inc. (OTCMKTS: PHIL) is constantly among the top traded stocks in small caps with an enormous international following that is heavily accumulation at current levels. PHIL is among the most searched for stocks in small caps too and its so popular there is even a $PHILLIONAIRE T-Shirt for sale on Amazon. Microcapdaily has reported on PHIL many times before and we have discussed in depth the Company and its subsidiary funds and the hard work by CEO Henry Fahman (who has recently acquired over 400,000,000 shares of PHIL) to bring the Company to “pink current” which has now been accomplished; a big step forward for the Company which recently launched its ADE token in South Korea in connection with the Asia Diamond Exchange. The Asia Diamond Exchange is a modern bourse to be established in affiliation with the World Federation of Diamond Bourses (WFDB). It will be the first-ever vital rough diamond exchange in Asia, comparable to the diamond exchanges in Antwerp and Dubai (UAE). PHIL price to beat is recently highs of $0.0198, a break over and its blue skies ahead. The stock has massive liquidity as legions of new shareholders including some top players in small caps continue to accumulate. 

PHIL filed 2 enormous 8ks recently announcing up to $3.5 billion in funding. According to the 8ks: Effective November 14, 2021 the registrant signed a loan agreement deed with Neok Financial Incorporated, a corporation organized under the existing laws of United Arab Emirates, with its office address located at Trade Center Road, Bur Dubai, Dubai, United Arab Emirates for a loan program in the amount of $2,000,000,000 which carries a fixed preferred rate of annual interest for thirty-five years, to be repaid on a monthly basis over a period of 420 months. Effective October 17, 2021 the registrant signed a contract agreement with Haj Finance Group, a corporation registered in Oman, Hatat House Ground Floor, Ruwi, Muscat, Sultanate of Oman, for a financing program in the amount of $1,500,000,000 which carries a fixed preferred rate of annual interest for thirty-five years with a three-year grace period. The closing of this transaction is to occur after the registration of a Special Purpose Vehicle (SPV) within United Arab Emirates, the signing of the closing documents and the approval of the transfer of funds by the Central Bank of United Arab Emirates (CBUAE). The registrant intends to use the funds for the establishment of the Asia Diamond Exchange and the Multi-Commodities Center in Vietnam, for financing selective projects in the areas of real estate, renewable energy, healthcare, and for other investment opportunities in connection with PHILUX Global Funds SCA, SICA-RAIF, a group of Luxembourg bank funds sponsored by the registrant. 

PHI Group, Inc. (OTCMKTS: PHIL) is focused on advancing PHILUX Global Funds, a group of Luxembourg bank funds organized as “Reserved Alternative Investment Fund” (“RAIF”), and developing the Asia Diamond Exchange (“ADE”) in Vietnam. PHIL has a powerhouse management team behind it; The Company is led by CEO Mr. Henry Fahman a top-level executive who has more than 30 years’ experience in general management, finance, investments and corporate strategy and is a graduate from Harvard Business School. Previously, Mr. Fahman served as a Resettlement Coordinator for the United Nations High Commissioner for Refugees. Currently Mr. Fahman is chairman of the board and CEO of PHIL and all its subsidiaries.   

The Asia Diamond Exchange is a modern bourse to be established in affiliation with the World Federation of Diamond Bourses (WFDB). It will be the first-ever vital rough diamond exchange in Asia, comparable to the diamond exchanges in Antwerp (Belgium)  and Dubai (UAE). The Company has launched an ADE token in South Korea in connection with the Asia Diamond Exchange. The token is designed to optimize transparency and fair pricing to the diamond industry to provide enhanced benefits to all stakeholders. By validating transactions on a blockchain, there are no chances of counterfeiting or substandard pieces. Consumers will be able to design and purchase custom diamond jewelry and loose gemstones at significantly better prices by using the ADE tokens. The ADE tokens will be deflationary by setting aside profits to purchase and burn tokens as well as systematically continuing the buy-back of PHIL stock on an ongoing basis in the future. International investors may purchase and trade the tokens once they are listed on top exchanges such as Coinbase and Binance. 

PHIL continues to diversify recently acquiring a 70% stake in Five Grain Treasure Spirits Co., Ltd., a company with over one hundred years of tradition in Jilin Province, China. This is a unique, special situation transaction that is expected to create substantial value for the Company, its shareholders and all stakeholders. According to the Five-Grain development plan, once the acquisition is completed, the company will follow a three-prong growth strategy to reach 200,000,000 liters of bulk spirits per year to supply to other beverage companies and develop its own brand using proprietary manufacturing methods and preferred distribution channels.

The Company has been busy cementing one deal after another; they signed an MOU with TPP Holdings Group an established Vietnamese company specializing in real estate investment, development and construction. TPP Holdings will participate in the Luxembourg real estate fund and cooperate in the development and construction of the Multi-Commodities Center and the Asia Diamond Exchange in Vietnam. Management believes this partnership will bring tremendous benefits to all the stakeholders, including the diamond-producing countries and the people and economy of Vietnam. 

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Earlier this month PHIL signed a Business Cooperation Agreement with Digital Solutions Company, Ltd., a Vietnam-based company, to cooperate in developing technical solutions for a variety of industries, including real estate, energy, agriculture and healthcare using digital, blockchain and crypto technologies. Digital Solutions will immediately assist CO2-1-0 (CARBON) CORP to launch the new disruptive carbon mitigation initiative in the coming weeks and also support PHI Group with technological solutions for the Asia Diamond Exchange to be established in Vietnam, as well as jointly advance a number of special projects that have the potential to create very significant value for shareholders of both companies. Management could not be more excited about the collaboration which looks to invest in technology, agriculture, green energy, blockchain, and finance. 

On November 23 PHIL reported its subsidiary CO2-1-0 (CARBON) Corp., has signed a MOU with SuperGreen Solutions to cooperate in a new disruptive carbon mitigation program through worldwide environmentally sustainable projects. According to the MOU, SuperGreen and CO2-1-0 (CARBON) will cooperate in acquiring carbon credits from SuperGreen’s projects and from other project owners in the United States of America. Carbon credits will be digitalized into Carbon Tokens using blockchain-crypto technology and deploying IoT. 

SuperGreen will provide project data to be processed into CARBON’s data processing center and also support CARBON’s due diligence processes. SuperGreen will be CARBON’s exclusive representative for the entire United States of America market. As part of this strategic alliance, PHI Group has agreed to assist SuperGreen in raising the required finances to implement the overall scope of cooperation. According to the Taskforce on Scaling Voluntary Carbon Markets (TSVCM) demand for carbon credits could increase by a factor of 15 or more by 2030 and by a factor of up to 100 by 2050. Overall, the market for carbon credits could be worth upward of $50 billion in 2030. 

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PHIL is constantly among the top traded stocks in small caps with a enormous International following that is heavily accumulating at current levels. PHIL is among the most searched for stocks in small caps too and its so popular there is even a $PHILLIONAIRE T-Shirt for sale on Amazon. Microcapdaily has reported on PHIL many times before and we have discussed in depth the Company and its subsidiary funds and the hard work by CEO Henry Fahman (who has recently acquired over 400,000,000 shares of PHIL) to bring the Company to “pink current” which has now been accomplished; a big step forward for the Company which recently launched its ADE token in South Korea in connection with the Asia Diamond Exchange. The Asia Diamond Exchange is a modern bourse to be established in affiliation with the World Federation of Diamond Bourses (WFDB). It will be the first-ever vital rough diamond exchange in Asia, comparable to the diamond exchanges in Antwerp and Dubai (UAE). PHIL price to beat is recently highs of $0.0198, a break over and its blue skies ahead. The stock has massive liquidity as legions of new shareholders including some top players in small caps continue to accumulate. PHIL filed 2 enormous 8ks recently announcing up to $3.5 billion in funding. According to the 8ks: Effective November 14, 2021 the registrant signed a loan agreement deed with Neok Financial Incorporated, a corporation organized under the existing laws of United Arab Emirates, with its office address located at Trade Center Road, Bur Dubai, Dubai, United Arab Emirates for a loan program in the amount of $2,000,000,000 which carries a fixed preferred rate of annual interest for thirty-five years, to be repaid on a monthly basis over a period of 420 months. Effective October 17, 2021 the registrant signed a contract agreement with Haj Finance Group, a corporation registered in Oman, Hatat House Ground Floor, Ruwi, Muscat, Sultanate of Oman, for a financing program in the amount of $1,500,000,000 which carries a fixed preferred rate of annual interest for thirty-five years with a three-year grace period. The closing of this transaction is to occur after the registration of a Special Purpose Vehicle (SPV) within United Arab Emirates, the signing of the closing documents and the approval of the transfer of funds by the Central Bank of United Arab Emirates (CBUAE). The registrant intends to use the funds for the establishment of the Asia Diamond Exchange and the Multi-Commodities Center in Vietnam, for financing selective projects in the areas of real estate, renewable energy, healthcare, and for other investment opportunities in connection with PHILUX Global Funds SCA, SICA-RAIF, a group of Luxembourg bank funds sponsored by the registrant. We will be updating on PHIL so make sure you Subscribe to Microcapdaily so you know what’s going on with PHIL.

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

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