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Monday, October 18, 2021

PHIL (PHI Group) Major Comeback Brewing as M&A Co Goes Pink Current, Leverages Its Acquisition Strategy & Signs LOI To Sponsor And Co-Found CO2-1-0 (CARBON)

PHI Group, Inc. (OTCMKTS: PHIL) is one exciting stock that has massive liquidity and legions of new shareholders as it sits just over recent support levels over half a penny looking to take out recent highs of $0.0198 per share.  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 regularly trades between $5 and $15 million in dollar volume and is among the top most traded and searched for stocks in small caps. PHIL has a strong management team behind it led by top level executive Henry Fahman who has been busy working behind the scenes getting the stock “pink current” increasing his ownership by over 165 million shares and initiating a share buyback program of up to 5.3 billion shares of PHIL. PHIL reported an MOU to acquire 70% ownership 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.

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. 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. 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.  The Company recently filed an LOI 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. 

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. 

PHIL formed and activated PHILUX Global Funds SCA, SICAV-RAIF, a Reserved Alternative Investment Fund (“RAIF”) under the laws of Luxembourg with several compartments for investment in selective industries and opportunities, especially in Vietnam. PHILUX funds include PHILUX AGRICULTURE FUND, PHILUX ENERGY FUND, PHILUX REAL ESTATE FUND, and PHILUX GLOBAL COMMODITIES FUND – ADE. 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.   

On September 17 PHIL announced it has signed a Memorandum of Understanding (MOU) to acquire 70% ownership in Five Grain Treasure Spirits Co., Ltd., (“Five-Grain”) 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 MOU, PHI Group will acquire seventy percent (70%) ownership in Five-Grain and provide the additional required capital for Five-Grain to fully execute its business plan. 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 

Five-Grain specializes in the production and sales of spirits and the development of proprietary spirit production processes. It also possesses a patented technology to grow red sorghum for baiju manufacturing. The patented grain produces superior yield and quality. Five-Grain is a reputable bulk alcohol supplier to some of the largest spirits companies in the world. Baijiu is a white spirit distilled from sorghum. It is similar to vodka but with a fragrant aroma and taste. It is currently the most consumed spirit in the world. Mainly consumed in China, it is gaining popularity in the rest of the world. 

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.

Mr. Fahman recently increased his stock ownership in the Company after he converted a $500k stock loan into 103,279,112 shares of restricted Common Stock of PHI Group, Inc. to increase his direct ownership in the Company. On September 29 several days ago Mr. Fahman picked up another 62.8 milllion shares. The Company also approved a stock re purchase program to buy back up to 5.3 billion shares of its common stock from the open market. 

Most recently PHIL signed an MOU to acquire 70% ownership 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.

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PHIL

The Company has been busy since going “pink current;” on August 26 PHIL announced it had recently filed an LOI 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). According to the United Nation Framework Convention on Climate Change (UNFCCC), together with the Paris agreement and Kyoto protocol in 2016, where Indonesia has actively participated and agreed to maintain the earth temperature not to exceed by 1,5 degrees Celsius by 2030. The greenhouse gases (GHG), mainly CO2, CH4, N2O, SF6, HFCs, PFCs, are the root cause of global climate change, each of which can be calculated as CER (CO2 Emission Reduction) equivalent. The target for Indonesia is 834 million tonnes of CER by 2030. 

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. 

Though the carbon market is still on hibernate stage, CER value is estimated to rise to US$ 100/ ton CER by 2030, while crypto currency is just starting and has attracted many millennials and gen-Z who are more aware to green environment and sustainability (recent survey result, Indonesian college students, 12-13 July 2021). It is believed that from year 2022 onward the world will witness the boom of renewable energy projects/ sustainability initiatives that are related to Carbon Credits, with an enormous market size of 23 Giga tones of CO2 emission to be reduced in 2030. The Taskforce on Scaling Voluntary Carbon Markets (TSVCM), sponsored by the Institute of International Finance (IIF) with knowledge support from McKinsey, estimates that 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. 

CO2-1-0 (CARBON) aims to provide a solution in disruptive decentralized new carbon market system using blockchain technology which will be empowering environmentally sustainable projects (renewable energy/ waste/ agriculture/ forestry/ etc.) starting in Indonesia, Vietnam, other ASEAN countries and worldwide. It has a clear and systematic product development roadmap, and the ultimate milestones of the products estimated to be launched in the near future. The solution, methodology, and improved TACCC (transparent, accurate, consistent, complete, and comparable) business process originally introduced by CO2-1-0 (CARBON) will bring full impact to better environment and life of millions. 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. 

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PHIL is one exciting stock that has massive liquidity and legions of new shareholders as it sits just over recent support levels over half a penny looking to take out recent highs of $0.0198 per share.  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 regularly trades between $5 and $15 million in dollar volume and is among the top most traded and searched for stocks in small caps. PHIL has a strong management team behind it led by top level executive Henry Fahman who has been busy working behind the scenes getting the stock “pink current” increasing his ownership by over 165 million shares and initiating a share buyback program of up to 5.3 billion shares of PHIL. 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. 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. 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.  The Company recently filed an LOI 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. More recently PHIL reported an MOU to acquire 70% ownership 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. 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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