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Last $0.25 USD
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PHIL On Other Exchanges
As of 8:10 PM 03/24/15 All times are local (Market data is delayed by at least 15 minutes).

phi group inc (PHIL) Snapshot

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10/1/14 - $0.40
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06/3/14 - $0.0050
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phi group inc (PHIL) Details

PHI Group, Inc. primarily engages in the energy and natural resources business in the United States. It acquires and consolidates energy-related assets and other natural resources; develops independent power plant projects in Southeast Asia; and provides renewable energy solutions using bio-mass, wind, solar power, and hydro-magnetic gravitational systems. The company also offers financial products and services for the micro-small cap arenas, including merger and acquisition advisory, consulting, project financing, and capital market services in North America and Asia, as well as arranges capital for energy-related, natural resource, and infrastructure projects. In addition, it participates in international trade activity. The company was formerly known as Providential Holdings, Inc. and changed its name to PHI Group, Inc. in April 2009. PHI Group, Inc. was founded in 1982 and is headquartered in Las Vegas, Nevada.

phi group inc (PHIL) Top Compensated Officers

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phi group inc (PHIL) Key Developments

PHI Group Inc. Presents at Mines and Money Hong Kong, Mar-23-2015 through Mar-27-2015

PHI Group Inc. Presents at Mines and Money Hong Kong, Mar-23-2015 through Mar-27-2015. Venue: Hong Kong Convention and Exhibition Centre, 1 Expo Drive, Wanchai, Hong Kong, Hong Kong. Presentation Date & Speakers: Mar-24-2015, Henry D. Fahman, Chairman of the Board, Chief Executive Officer, President and Acting Chief Financial Officer. Mar-26-2015, Henry D. Fahman, Chairman of the Board, Chief Executive Officer, President and Acting Chief Financial Officer.

PHI Group, Inc. Partners with AG Materials to Set Up a 200,000 MT Wood Pellet Factory in Florida

PHI Group Inc. announced that the company has signed an agreement with AG Materials, LLC to jointly set up a 200,000 MT wood pellet mill in Florida, U.S.A. The joint venture company has been able to secure approximately 400,000 short tonnes of Southern Yellow Pine feedstock per year from a reliable industrial source for its proposed 15-acre wood pellet factory to be built in Live Oak, Suwannee County, about 85 miles from Jacksonville, Florida. AG Materials and the company are currently in the process of negotiation to purchase the machinery and equipment for the plant, including PM30 pellet machines, manufactured by Austria-based Andritz Group.

PHI Group Signs Agreements to Set Up Joint Venture Wood Pellet Factories in Vietnam

PHI Group Inc. announced that the company has signed memoranda of understanding with two Vietnam-based wood processing companies to set up joint venture wood pellet factories in Central and Southern Vietnam. The initial proposed combined capacities for the joint venture wood pellet plants are scheduled for 400,000 MT per year. PHI Group intends to own a minimum of 51% equity interest in each the contemplated joint venture enterprises. The demand for wood pellets is primarily in Europe, Japan and Korea where carbon-reduction requirements are driving power utilities -- particularly coal-fired power plants -- to mix more wood pellets into their fuel supply. Under current targets, many European countries will be required to generate 35% or more of their electrical power from renewable sources by 2020. Western European demand for wood pellets is expected to triple by that time.


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Price/Sales 18.3x
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TEV/Sales 14.5x

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