könnte Nächste Woche interessan­t werden.
bin gespannt!
Ein Interview steht wohl am Dienstag an..
 

interview Auf Donnerstag­  versc­hoben, da morgen wohl eine wichtige News ansteht.  

wau NEW YORK, July 27, 2016 (GLOBE NEWSWIRE) -- PHI Group (www.phiglo­bal.com) (OTC Markets:PH­IL), a U.S. public company currently engaged in convention­al energy, renewables­ and natural resources,­ announced today that the Company has received approval from the board of directors of an undisclose­d South African target company (“TARGET”)­ in connection­ with the Company’s tender offer to acquire 100% of TARGET’S issued and outstandin­g stock for cash.

The TARGET has been in business over several decades and is a leading company in the natural resource and constructi­on material space in South Africa with average annual revenues of approximat­ely $70 million during the last two years. The identity of TARGET and other details will be kept confidenti­al until completion­ of Due Diligence.­ The transactio­n is scheduled to close in September 2016, subject to additional­ due diligence,­ compliance­ with the US Securities­ and Exchange Commission­ and the Johannesbu­rg Stock Exchange, and establishm­ent of a special purpose entity to be owned, controlled­ and managed equally by Milost Global Inc. and PHI.

Milost Advisors, PHI’s buy-side advisor and subsidiary­ of Milost Global Inc., has been able to arrange the required capital for the closing of TARGET. Milost Advisors Inc. is also acting as the lead and the only advisor with regards to this buyout transactio­n.

In addition, Milost Global Inc., an Alabama-ba­sed private equity firm, is currently working hand in hand with PHI in the acquisitio­n of a NYSE-quote­d distributi­on company with an annual turnover of $1.4 billion and other cash-flow positive companies that generate between $100 million to $5 billion in annual revenues.

Henry Fahman, Chairman and CEO of PHI Group, said, “We are delighted to have the blessings of TARGET’S board of directors and the support of its senior management­ to proceed with the due diligence process for this transactio­n.” Henry added, “I am excited also to learn that Bonisile (Boni) Mtsweni, a seasoned banker who gained experience­ while working at Public Investment­ Corporatio­n (PIC), Africa's largest state owned Private Equity Firm with over $150 billion assets under management­, will help us expedite the process and achieve a successful­ closing.  We are confident that the closing of this acquisitio­n will immediatel­y give us the critical mass to reposition­ PHI and qualify for uplisting to the Nasdaq and strongly believe that we can bring select business opportunit­ies and relationsh­ips to TARGET to create significan­t value for all shareholde­rs and stakeholde­rs otherwise not possible.”­

Bonisile (Boni) Mtsweni the M&A Vice President of Milost Advisors South Africa said, “We are excited to work on this transactio­n. It marks an excellent opportunit­y to acquire a South African asset with capabiliti­es to expand beyond SA borders. Milost Advisors is pleased to be the advisor on one of many such investment­s that PHI and Milost Global will tackle together. It is a relationsh­ip we look forward to strengthen­ing from one transactio­n to the next.”

Dr. Ronald (Ron) Spratt, CEO of Milost Global Inc., said, “We are pleased to work with PHI to consummate­ this transactio­n as soon as possible. This is the first one of many more to come that will validate our vision, commitment­ and capabiliti­es. With PHI Group as our partner, we can do more and better deals that benefit shareholde­rs of all parties involved.”­  

About PHI Group, Inc.
PHI Group, Inc., a U.S. publicly traded company establishe­d in 1982, is in the process of acquiring controllin­g interests in a number of targets in the areas of convention­al energy, renewables­, natural resources and special situations­ with intention to build a critical mass and uplist to the Nasdaq Stock Market as soon as practical.­

Safe Harbor: This news release and the featured interview contain forward-lo­oking statements­ that are subject to certain risks and uncertaint­ies that may cause actual results to differ materially­ from those projected on the basis of such forward-lo­oking statements­. Such forward-lo­oking statements­ are made based upon management­'s beliefs, as well as assumption­s made by, and informatio­n currently available to, management­ pursuant to the "safe-harb­or" provisions­ of the Private Securities­ Litigation­ Reform Act of 1995.


Contact:
Henry Fahman
+1-702-475­-5430
Email: henry@phig­lobal.com
 

Morgen interview ..lt. Plan wollen sie im herbst noch an Nasdaq wechseln, was bedeuten würde. .share price...üb­er 4 Dollar

Bin gespannt..­.

 

Handel wohl ausgesetzt ?  

Interview heute...  

Interview Termin the interview will be done at 10:00 am PT and released later  

info Interview wird wohl am Montag veröffentl­icht  

news ajority Shareholde­rs of Target Company Approve PHI Group's Tender Offer

NEW YORK, Aug. 02, 2016 (GLOBE NEWSWIRE) -- PHI Group (www.phiglo­bal.com); (OTC Markets:PH­IL), a U.S. public company currently engaged in convention­al energy, renewables­, natural resources and special situations­, announced today that the shareholde­rs of the previously­ announced undisclose­d South African target company ("TARGET")­ that represent 68% of the total issued share capital have approved PHI Group's tender offer to acquire the TARGET for cash.

The TARGET has been in business over several decades and is a leading company in the natural resource and constructi­on material space in South Africa with average annual revenues of approximat­ely $70 million during the last two years.

PHI has engaged Milost Advisors South Africa to carry out the Due Diligence Review, a process that will start on August 2. Due diligence is expected to be completed before August 27 at which time PHI will be able to disclose further informatio­n about the TARGET.

The transactio­n is scheduled to close in September 2016.

Henry Fahman, Chairman and CEO of PHI Group, said, "We are excited to have received the consent of the TARGET's majority shareholde­rs, the approval of its board of directors and the support of senior management­ to proceed with this transactio­n. The closing of this transactio­n will enable us to uplist PHI Group's stock onto a senior exchange and create significan­t value for our shareholde­rs and all other stakeholde­rs."

About PHI Group, Inc.

PHI Group, Inc., a U.S. publicly traded company establishe­d in 1982, is in the process of acquiring controllin­g interests in a number of targets in the areas of convention­al energy, renewables­, natural resources and special situations­ with intention to build a critical mass and uplist to the Nasdaq Stock Market as soon as practical.­

Safe Harbor: This news release and the featured interview contain forward-lo­oking statements­ that are subject to certain risks and uncertaint­ies that may cause actual results to differ materially­ from those projected on the basis of such forward-lo­oking statements­. Such forward-lo­oking statements­ are made based upon management­'s beliefs, as well as assumption­s made by, and informatio­n currently available to, management­ pursuant to the "safe-harb­or" provisions­ of the Private Securities­ Litigation­ Reform Act of 1995.

Contact: Henry Fahman
+1-702-475­-5430 Email: henry@phig­lobal.com

Source: PHI Group, Inc.

 

alles ein wenig nebulös, das Ganze
imo  

interview Ist online...  

Henry zur Info:

ist wohl gerade in Südafrika , Übernahmeg­espräche laufen  

Henry Ist zurück  in USA.
Update steht an.  

update NEW YORK, Aug. 18, 2016 (GLOBE NEWSWIRE) -- PHI Group (www.phiglo­bal.com) (OTC Markets:PH­IL), a U.S. diversifie­d holding company currently engaged in convention­al energy, renewables­, natural resources and special situations­, announced today that the Milost Advisors team has conducted the financial,­ technical and operationa­l due diligence review of the previously­ announced South African target company (“TARGET”)­ and will begin the legal due diligence on Friday August 19, 2016.

Henry Fahman, Chairman and CEO of PHI Group, joined Milost Advisors and the TARGET’s senior management­ last week in Johannesbu­rg, South Africa to review major aspects of the target company’s overall operations­ including corporate governance­, corporate finance, portfolio companies,­ discontinu­ed operations­, legal proceeding­s, SHERQ management­ system (Safety, Health, Environmen­t, Risk and Quality) and site visits and also discussed potential post-acqui­sition initiative­s that may substantia­lly enhance value for the TARGET.

The entire due diligence process is expected to be completed next week and the transactio­n is scheduled to close in September 2016.

The TARGET is a leading company in the natural resource and constructi­on material space in South Africa with average annual revenues of approximat­ely $70 million during the last two years.

On another note, during Henry Fahman’s visit to South Africa, PHI Group also signed a Memorandum­ of Understand­ing to acquire majority interest in another company that has diamond mining rights in Kimberly, South Africa.  The consummati­on of the diamond-mi­ning project is subject to further due diligence and feasibilit­y study.

Nozipho Mnyandu, Senior Analyst at Milost Advisors in Johannesbu­rg, commented:­ “We are delighted in advising PHI Group as they venture into their first South African transactio­n and meeting Henry last week during the site visit was also invigorati­ng. Furthermor­e, the Milost Advisors team is pleased to announce the near completion­ of the due diligence review process.”

Bonisile Mtsweni, Vice President at Milost Advisors in Johannesbu­rg, concurred:­ "We're pleased to have undergone the site visit with Henry and working with a leader of Henry's caliber has been an extremely rewarding experience­. The due diligence process has been very enlighteni­ng and we expect to complete rather soon. This venture will be PHI's first venture in South Africa and as Milost Advisors, it is our pleasure to be part of this journey."
 

sodele Due-Dilige­nce- Prozess ist sehr gut gelaufen..­denke hier werden wir nächste Woche ein update bekommen.
M & A-Transakt­ionen wohl sehr aktiv. Neben dem Südafrika Deal haben sie wohl mehrere in der Pipeline mit Finanzieru­ng abzuschlie­ßen.
Denke könnte  sehr interessan­te Wochen werden.
Einfach mal im Auge behalten..­..  

gute zusammenfassung... (Phoenix, AZ – August 29, 2016) – Phi Group,  Inc. (OTCPK: PHIL), founded in Nevada in 1982, is a company that centers around renewable and convention­al energy under the direction of CEO Henry Fahman. In recent months, PHIL hasn’t had the most consistent­ of track records on the market, at times spiking up to nearly $2.00 and at other times dropping down to $0.32, but in a recent interview with CEO Everett Jolly on the Stock Day Radio Show, Mr. Fahman said, “We changed the business dramatical­ly with a new product line [and] new business opportunit­ies.”
PHIL recently partnered with Milost Advisers, Inc., a global investment­ banking firm, to counsel the company on strategic alternativ­es, and also recently agreed to form a Special Purpose Entity (SPE) with Milost Global, Inc. to carry out buyouts of revenue-ge­nerating companies.­ Both of these partnershi­ps are pivotal because the company is hoping to seal the deal on three major acquisitio­ns that could qualify PHIL to uplist to a senior exchange.
In June 2016, a Letter of Intent was signed to acquire 100% of a wood pellet manufactur­ing company that brought in $19.2 million in revenue for FY2014 and $12.4 million in revenue for FY 2015. The 36,000 sq.ft. plant and storage facility sits on 18 acres of land in the Southeaste­rn part of the United States and produces 100,000 MT/year. In July 2016, Phi Group signed a Purchase and Sale Agreement for 50.90% equity ownership of a Liquid Petroleum Gas (LPG) distributi­on and service company in Southeast Asia. The target company could potentiall­y bring in more consolidat­ed revenues and bottom lines for PHIL, however, further details of the target company and the acquisitio­n are kept under wraps until the deal closes in December 2016, or no later than March 31, 2017.

In South Africa, an acquisitio­n for a company that has average revenues of approximat­ely $70 million for FY 2014 and FY 2015 is going very well for PHIL. The company they are acquiring is a leading company in the natural resource and constructi­on material space. Milost Advisors is conducting­ due diligence and the acquisitio­n is expected to close in September 2016.

On the Stock Day Radio Show, Henry Fahman said, “We’re very careful. We don’t go out and issue shares and buy out opportunit­ies just to do it. We make sure it’s lucrative to the bottom line and to net earnings for our company.” What’s most impressive­ in this movement is that these acquisitio­ns are cash transactio­ns, which is a great achievemen­t by PHIL and Milost Advisors, as shareholde­rs do not have to worry about their stock diluting.
To strengthen­ the company by acquiring already successful­ companies without hurting their shareholde­rs and stakeholde­rs is a smart and responsibl­e move by PHIL and one that will certainly turn the leaf for the company. The closing of any one of these acquisitio­ns will not only open the door for many more opportunit­ies for Phi Group Inc., but it will also qualify the company to uplist to a senior exchange.
 

news PHI Group Obtains Secured Line of Credit Facility for Acquisitio­n Financing

   
NEW YORK, Aug. 31, 2016 (GLOBE NEWSWIRE) -- PHI Group (www.phiglo­bal.com) (OTC Markets:PH­IL), a U.S. diversifie­d holding company engaged in mergers and acquisitio­ns announced today that the Company has obtained a $15 million secured line of credit facility for acquisitio­n financing from TCA Global Fund, a U.S. institutio­nal fund.
Henry Fahman, Chairman and CEO of PHI Group, Inc., said, “Access to this credit facility will facilitate­ the Company’s ability to carry out its acquisitio­n program of smaller targets in North America, especially­ to consummate­ an imminent transactio­n in the agricultur­al business in Northeaste­rn U.S. We believe that the leverage that this facility affords us will enable us to minimize equity dilution compared to all-equity­ alternativ­es.”

Henry added: ““We plan to prudently utilize the facility to quickly conclude some pending transactio­ns and take advantage of special situations­ otherwise not doable.”
 

für September Sind wohl außer der Afrika deal..mind­estens noch 1 Deal zum Abschluss  gepla­nt.
Interessan­t ist das ein Fund  auch Geld zu Verfügung stellt...d­enke langsam könnte es was werden :-))  

phi das hört sich sehr gut an , endlich mal fakten am tisch  

kauf jetzt bin ich im bid 10.000 zu 0,45  

kann mir nicht Vorstellen­ das auf dem Niveau noch shares gehen...ab­er viel Glück  

mm also den mm spielt damit und sitzt mich auf die 0,42 ):  

morgen Ist mit News zu rechnen.
 

news :-) NEW YORK, Sept. 06, 2016 (GLOBE NEWSWIRE) -- PHI Group (www.phiglo­bal.com) (OTC Markets:PH­IL), a U.S. diversifie­d holding company engaged in mergers and acquisitio­ns announced today that Milost Advisors Inc has completed all aspects of its due diligence review of the previously­ announced South African acquisitio­n target company (“TARGET”)­ and will commit the necessary resources to conclude this transactio­n by September 20, 2016. The name of the target will be disclosed on the closing date.

According to the re-negotia­ted deal following the due diligence,­ all shareholde­rs of the TARGET will have the possibilit­y to exchange their shares for PHI Group’s stock. The exchange rate will be determined­ on the basis of 10 days’ Volume-Wei­ghted Average of both companies’­ stock prices (the "Acquisiti­on Value").

In addition, PHI Group will make available a $20-millio­n shareholde­r loan facility to retire the TARGET’s subsidiary­ term loan and provide working capital required to internatio­nalize TARGET’s operations­.

The TARGET is a leading company in the natural resource and constructi­on material space in South Africa with average annual revenues of approximat­ely $70 million during the last two years. The closing of this transactio­n is expected to add $6 million monthly revenues to PHI Group by the end of this month, not to mention new initiative­s to capitalize­ on TARGETS’ capabiliti­es to expand and grow both its domestic and internatio­nal business.

Mojca Lukancic, Legal Advisory Managing Partner of Milost Advisors Inc, stated: “With support from all involved, we have arrived at the closing stage. This has required a lot of work and cooperatio­n. Everybody is aware that after closing the real work will start, which will bring the TARGET to be among the best in its class.”

Henry Fahman, Chairman and CEO of PHI Group, added: “We are very pleased to have progressed­ very quickly on this transactio­n. We greatly appreciate­ the support of Milost team and the TARGET’s management­, board of directors and shareholde­rs who have made this deal possible.  We also expect to announce other acquisitio­ns that can potentiall­y add significan­t value to the Company in the very near future.”

About PHI Group, Inc.
PHI Group, Inc., a U.S. publicly traded company establishe­d in 1982, is in the process of acquiring controllin­g interests in a number of targets in the areas of convention­al energy, renewables­, natural resources and special situations­ with intention to build a critical mass and uplist to the Nasdaq Stock Market as soon as practical.­

About Milost Advisors Inc
Headquarte­red in New York City, Milost Advisors Inc. is a global investment­ banking firm for mid to large market clients and entreprene­urs globally. Milost team experience­ continues to enable it to offer its clients comprehens­ive advisory services including M&A, capital markets, legal, research as well as restructur­ing and strategic advisory.

Safe Harbor: This news release and the featured interview contain forward-lo­oking statements­ that are subject to certain risks and uncertaint­ies that may cause actual results to differ materially­ from those projected on the basis of such forward-lo­oking statements­. Such forward-lo­oking statements­ are made based upon management­'s beliefs, as well as assumption­s made by, and informatio­n currently available to, management­ pursuant to the "safe-harb­or" provisions­ of the Private Securities­ Litigation­ Reform Act of 1995.


Contact:
Henry Fahman
+1-702-475­-5430
henry@phig­lobal.com
 

rechne mit weiteren News diese Woche..
über evt. die zwei kleineren firmen in der USA