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Monday, October 25, 2021

PHI Group, Inc. (OTCMKTS: PHIL) Powerful Comeback Brewing As M&A Player’s Philux Global Funds SCA & Asia Diamond Exchange Gain Traction

PHIL (PHI Group) is making a powerful run up the charts in recent days since a brief dip below half a penny. PHIL has massive liquidity as legions of new shareholders accumulate emerging as one of the top most traded stocks in small caps. Currently under heavy accumulation PHIL has quickly attracted a massive international shareholder base including some pretty big players in small caps and is one of the most searched for tickers on the exchange. Now that the Company is “pink current” lots of exciting press is being released as the stock looks to take out previous high of $0.0198. A break over and its blue skies ahead. As we have noted from the beginning PHIL has an enormous international following, there are 100’s of thousands of penny stock speculators that trade the stock. PHIL topped $16 million in dollar volume today and was the most searched for small cap stock besides AMC. PHIL has a strong management team behind it led by top level executive Henry Fahman. 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. PHIL states it 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.  

There is a lot to get excited about here as PHIL as the Company received the approval from the Luxembourg Commission de Surveillance du Secteur Financier (CSSF) and successfully established and activated PHILUX GLOBAL FUNDS SCA, SICAV-RAIF (the “Fund”), Registration No. B244952, a Luxembourg bank fund organized as a Reserved Alternative Investment Fund in accordance with the Luxembourg Law of July 23, 2016 relative to reserved alternative investment funds, Law of August 23, 2016 relative to commercial companies, and Modified Law of July 12, 2013 relative to alternative investment fund managers. Along with the establishment of PHILUX Global Funds, since March 2018 the Company has worked closely with the Authority of Chu Lai Open Economic Zone and the Provincial Government of Quang Nam, Vietnam to develop the Asia Diamond Exchange. Quang Nam Provincial Government has agreed to allocate more than 200 hectares in the sanctioned Free-Trade Zone near Chu Lai Airport, Nui Thanh District, Quang Nam Province in Central Vietnam for us to set up a multi-commodities center which would include the Asia Diamond Exchange. Recently, another opportunity has arisen with the start of construction of the new international airport in Long Thanh District, Dong Nai Province near Ho Chi Minh City in Southern Vietnam. In December 2020, the Vietnamese central government designated 1,200 hectares of land in Bau Can village, Long Thanh District, Dong Nai Province as a new industrial zone. PHIL is in the process of applying for 600 hectares close to the Long Thanh International Airport to develop Long Thanh Multi-Commodities Logistics Center (LMLC) with a plan to house the proposed International Financial Center, an Urban Area and other hi-tech industrial operations. On June 04, 2021, the Company incorporated Asia Diamond Exchange, Inc., a Wyoming corporation, ID number 2021-001010234, as the holding company for the Asia Diamond Exchange to be established in Vietnam. 

PHI Group, Inc. (OTC: PHIL) operating out of New York, NY engages in mergers and acquisitions and invests in select industries and special situations that may substantially enhance shareholder value via its overall initiative using blockchain and crypto technologies to provide innovative solutions and potentially create significant value for shareholders. The Company primarily focuses on advancing PHILUX Global Funds, a group of Luxembourg bank funds organized as “Reserved Alternative Investment Fund” (“RAIF”) (www.philux.eu), and building the Asia Diamond Exchange (“ADE”) in Vietnam. The Company also engages in mergers and acquisitions and invests in select industries and special situations that may substantially enhance shareholder value. 

As of June 30, 2020, the Company owned the following subsidiaries: (1) American Pacific Plastics, Inc., a Wyoming corporation (100%), (2) American Pacific Resources, Inc., a Wyoming corporation (100%), (3) PHILUX Capital Advisors, Inc., a Wyoming corporation (100%), (4) PHI Vietnam Investment and Development Company Ltd., a Vietnamese limited liability company (100%), (5) Phivitae Healthcare, Inc. (100%), (6) PHI Luxembourg Development S.A., a Luxembourg corporation (100%), PHILUX Global Funds SCA, SICAV-RAIF, a Luxembourg Reserved Alternative Investment Fund (100%), PHILUX Global General Partners SA, a Luxembourg corporation (100%), and PHI Luxembourg Holding SA, a Luxembourg corporation (100%). 

PHILUX GLOBAL FUNDS SCA, SICAV-RAIF – On June 11, 2020, the Company received the approval from the Luxembourg Commission de Surveillance du Secteur Financier (CSSF) and successfully established and activated PHILUX GLOBAL FUNDS SCA, SICAV-RAIF (the “Fund”), Registration No. B244952, a Luxembourg bank fund organized as a Reserved Alternative Investment Fund in accordance with the Luxembourg Law of July 23, 2016 relative to reserved alternative investment funds, Law of August 23, 2016 relative to commercial companies, and Modified Law of July 12, 2013 relative to alternative investment fund managers. 

The following entities have been engaged to support the Fund’s operations: a) Custodian Bank: Hauck & Aufhauser Privatbankiers AG, b) Administrative Registrar & Transfer Agent: Hauck & Aufhauser Alternative Investment Services S.A., c) Fund Manager: Hauck & Aufhauser Fund Services S.A., d) Fund Attorneys: DLP Law Firm SARL and VCI Legal, e) Investment Advisor: PHILUX Capital Advisors, Inc., f) Fund Auditors: E&Y Luxembourg and E&Y Vietnam, g) Fund Tax Advisor: ATOZ Tax Management, Luxembourg, h) Fund Independent Asset Valuator: Cushman & Wakefield, Vietnam. 

The Fund is an umbrella fund containing one or more sub-fund compartments intended to invest in real estate, infrastructure, renewable energy, agriculture, healthcare and especially the Multi-Commodities Center (MCC) in Vietnam which will include the Asia Diamond Exchange and potentially the proposed International Financial Center. 

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PHIL

DEVELOPMENT OF THE ASIA DIAMOND EXCHANGE IN VIETNAM – Along with the establishment of PHILUX Global Funds, since March 2018 the Company has worked closely with the Authority of Chu Lai Open Economic Zone and the Provincial Government of Quang Nam, Vietnam to develop the Asia Diamond Exchange. Quang Nam Provincial Government has agreed to allocate more than 200 hectares in the sanctioned Free-Trade Zone near Chu Lai Airport, Nui Thanh District, Quang Nam Province in Central Vietnam for us to set up a multi-commodities center which would include the Asia Diamond Exchange. Recently, another opportunity has arisen with the start of construction of the new international airport in Long Thanh District, Dong Nai Province near Ho Chi Minh City in Southern Vietnam. In December 2020, the Vietnamese central government designated 1,200 hectares of land in Bau Can village, Long Thanh District, Dong Nai Province as a new industrial zone. We are in the process of applying for 600 hectares close to the Long Thanh International Airport to develop Long Thanh Multi-Commodities Logistics Center (LMLC) with a plan to house the proposed International Financial Center, an Urban Area and other hi-tech industrial operations. On June 04, 2021, the Company incorporated Asia Diamond Exchange, Inc., a Wyoming corporation, ID number 2021-001010234, as the holding company for the Asia Diamond Exchange to be established in Vietnam. 

The Company is led by CEO and Chairman of the board Mr. Henry Fahman who has more than 30 years experience in general management, finance, investments and corporate strategy. He holds a B.S., Magna Cum Laude, in business administration from the University of California at Berkeley, with emphasis in finance and economic analysis and policy, and is a graduate of the Advanced Management Program (AMP166) from Harvard Business School. He has also attended other Executive Education programs at Harvard Business School and Stanford University, including Mergers and Acquisitions, Creating Corporate Advantage, and Advanced General Management. Previously, Mr. Fahman served as a Resettlement Coordinator for the United Nations High Commissioner for Refugees. He is currently Chairman of PHI Capital Holdings, Inc., a wholly owned subsidiary of PHI GROUP that provides M&A advisory and consulting services, and Chairman & CEO of PHI Luxembourg Development S.A., a Luxembourg-based wholly owned subsidiary of PHI Group and mother holding company for a Reserved Alternative Investment Fund to be activated in Luxembourg.   

Microcapdaily noted in our first article on PHIL manamgement has been working hard behind the scenes getting all the Company’s filings up to date and has promised a 10k anytime now. (this has all now been accomplished and PHIl is “pink current”) PHIL states it 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 uplisting 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 revenues. 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).    

Earlier this month PHIL signed a Letter of Intent with Indonesia-based CYFS Group to sponsor and co-found CO2-1-0 (CARBON), a new disruptive carbon mitigation initiative through environmentally sustainable projects starting in Indonesia, Vietnam, other ASEAN countries, and worldwide. According to the Letter of Intent, PHI Group will contribute a major portion of the development budget in exchange for 50.1% shares of CO2-1-0 (CARBON). 

Currently, CER is being tediously registered, validated, and certified centrally under UNFCCC methodology by a few independent institutions, mostly in the US and Europe, where the CER later can be traded (as carbon credits) voluntarily. For the past 5 years, the market for carbon credits is nearly zero, and due to complexity of the processes, many companies/ projects have less appetite to be engaged into the carbon credit opportunity. Many environmentally sustainable projects (renewable energy/ waste/ agriculture/forestry/ etc.) have failed to get financial support especially at the initial/ development stage, due to the above reasons, causing less economic value of the project or delays. PHI Group’s engagement in the CO2-1-0 (CARBON), whose new disruptive carbon mitigation plan is part of the Company’s overall initiative using blockchain and crypto technologies to provide innovative solutions and potentially create significant value for our shareholders. 

On August 20 PHIL announced its Chairman and CEO Henry Fahman has substantially increased his stock ownership in the Company. On August 19, 2021 Henry Fahman converted $500,000 of the loan that he made to PHI Group on 02/07/2020 into 103,279,112 shares of restricted Common Stock of PHI Group, Inc. to increase his direct ownership in the Company. A Form 4 will be filed with the Securities and Exchange Commission to report the transaction. 

Mr. Fah man stated, “My commitment to PHI Group and to PHIL shareholders has never been stronger, and my belief in future success for the company has never been brighter. After years of laying the groundwork, PHI Group is ready to capitalize on those efforts with many exciting and cutting-edge ventures, including the Luxembourg bank funds, the first-ever Asia Diamond Exchange, and the disruptive initiatives which we believe will bring tremendous benefits to our shareholders as well as all other stakeholders around the world. I look forward to the coming weeks, months and years, with great enthusiasm and determination to create the best results ever for our company, and to maximize our shareholder value.” 

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PHI Group, Inc. is heating up and heading northbound in a hurry up over 30% on Friday alone on 294 million shares traded or about $4 million in dollar volume. PHIL took off on Friday afternoon with a new energy the stock has not seen since hitting highs of $0.0198. Rather than just a pop up in price PHIL looks to be embarking on a new upward trajectory that could propel this stock into a new stratosphere. Currently under heavy accumulation PHIL has massive liquidity as legions of new shareholders accumulate emerging as one of the top most traded stocks in small caps. The stock has an enormous international following, there are 100’s of thousands of penny stock speculators that trade the stock, it’s so popular there is even a $PHILLIONAIRE T-Shirt for sale on Amazon. A break over $0.0198 this coming week and its blue skies ahead for PHIL. PHIL is among the most exciting stocks in small caps with a powerhouse management team behind it led by senior executive Henry Fahman who has been busy working behind the scenes trying to get the stock “pink current” The Company has been getting their filings out and reported on Friday that the remaining 10-Qs are imminent. In anticipation of the filings release the Company is holding a Zoom conference call this Wednesday July 28 at 4:15 EDT. There are significant catalysts coming into play this week and PHIL move Friday afternoon is a harbinger of what is coming. Once the stock is “pink current” CEO Henry Fahman can release a lot of information including the buyback numbers that he has not been able to talk about. PHIL states it 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 revenues. The Company owns a number of funds including LUX FUND/TECCO GROUP/DHR CAPITAL GROUP LTD (LUX Fund was activated JUNE 11, 2020) The Fund is an umbrella fund containing one or more sub-fund compartments intended to invest in real estate, infrastructure, renewable energy, agriculture, healthcare and especially the Multi-Commodities Center (MCC) in Vietnam which will include the Asia Diamond Exchange and potentially the proposed International Financial Center. Microcapdaily has been reporting on PHIL sicne April 4 when the stock was $0.003. 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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