Wildcards - Sub Penny Stocks
PHIL - PHI Group Inc.
Established in 1982, PHI Group, Inc. (OTC: PHIL) is primarily engaged in mergers and acquisitions and investing in select industries and special situations, aiming to significantly enhance long-term shareholder value. The Company also provides M&A advisory and consulting services to domestic and international clients through its wholly-owned subsidiary PHI Capital Holdings, Inc. (www.phicapitalholdings.com). The Company's subsidiaries include: 1) American Pacific Resources, Inc. (www.aprgold.com) 2) Abundant Farms, Inc. 3) PHI Capital Holdings, Inc. 4) PHI EZ Water Tech, Inc. 5) PHI Group Regional Center, LLC. 6) PHIVITAE Corporation 7) PHI EU International, S.R.L. (Romania), 8) ComMatrix, Inc., 9) American Pacific Plastics, Inc., 10) Pacific FinTech Corporation.
Share Information - Source OTC Markets
Market Cap 382,581 03/22/2019
Authorized Shares 14,800,000,000 03/22/2019
Outstanding Shares 5,365,862,268 03/22/2019
Restricted 66,142,753 03/22/2019
Unrestricted 5,299,719,515 03/22/2019
Held at DTC 5,070,613,185 03/22/2019
Float 188,824,993 11/12/2018
Southeast Asia Capital Group Signs Contracts to Provide Copper Sheets to Vietnam and Asia
New York, NY, June 04, 2019 (GLOBE NEWSWIRE) -- PHI Group, Inc. (www.phiglobal.com) (OTCMarkets: PHIL), a U.S. diversified holding company focused on mergers and acquisitions and investments in select industries and special situations, today announced that Southeast Asia Capital Group, Inc., (“SEA Capital Group”) a former subsidiary of the Company established in 2004 under the laws of Nevada and engaged in finance, international trade and project investment, has signed a contract with a subsidiary of Phanet Holding Corp., a U.S. company, to provide of copper sheets to Vietnam for the next twelve months (SGS 20,000MT monthly) after the initial trial shipment of 5,000 MT.
According to the contract, the price for each shipment will be based on international market price (LME) at the time of shipment minus a fixed discount percentage agreeable to both parties. Delivery will be CIF, buyer’s terminal port. The source of the copper is from Republic Democratic of Congo and the loading port will be either Dar Es Salaam Port of Tanzania or Durban Port of South African Republic.
PHI Group, Inc. currently holds a minority interest in SEA Capital, which intends to file a registration statement with the Securities and Exchange Commission to become a separate publicly traded company in the near future.
Richard Phan, Chairman of Southeast Asia Capital Group, stated: “ We are very pleased to enter this contract to provide copper sheets to the Vietnamese market and expect to generate a stable stream of income and profits for the Company soon after the first shipment begins.”
About Southeast Asia Capital Group, Inc.
Southeast Asia Capital Group is a Nevada company established in 2004. The Company is engaged in finance, international trade and commercial projects with potential for high returns on investment.
About Phanet Holding Corp.
Phanet Holding Corp. is one of the first Vietnamese global capital investor groups. Phanet Holding Corp, a prestigious funding company in finance and trade which is also investing into several stunning gold mining, tourist resorts in Europe.
New York, March 25, 2019 (GLOBE NEWSWIRE) -- PHI Group, Inc. (www.phiglobal.com) (OTCMarkets: PHIL), a U.S. diversified holding company focused on mergers and acquisitions and investments in select industries and special situations, today announced that the Company has approved a program to buy back its common stock from the open market from time to time in accordance with the following terms:
1. Purpose of Repurchase: To enhance future shareholder returns.
2. Details of Repurchase:
Henry Fahman, Chairman and CEO of PHI Group, said: “The Company has been primarily focused on developing very special initiatives and programs, such as the Luxembourg bank funds and the Asia Diamond Exchange in the Free Trade Zone of the Chu Lai Open Economic Zone, Quang Nam Province, Vietnam, that are expected to yield very significant long-term value for our shareholders. We believe it is in the best interest of the company and our shareholders that we repurchase as many shares of our common stock as possible from the open market as outlined in the above-mentioned buy-back program.”