PHI Group, Inc. Common Stock (PHIL) – This company is primarily engaged in mergers and acquisitions. They’ve formed PHILUX Global Funds SCA, SICAV-RAIF, a Reserved Alternative Investment Fund (“RAIF”) under Luxembourg laws, which will allow for investment in selective industries and opportunities. They also provide M&A advisory and consulting services through our wholly-owned subsidiary PHILUX Capital Advisors, Inc.
Last year this stock was .02 but it has seen highs near $20 in the past. The company recently signed a “Memorandum of Understanding” to acquire 70% of Five Grain Treasure Spirits Co.m Ltd., which is a distiller in Jilin Province, China.
Learn more at http://phiglobal.com.