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
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.”