Old Skool confirms the "Spy in the Sky" report I posted earlier....perhaps PHI management have a deficiency in Maths which might account for the whole problem.
The SEC filing PHI made recently that showed a Fourteen Million dollar operating loss due to the early repayment of debt failed to indicate the repayment of debt went to the CEO/majority stock holder AL G.
Could this whole thing be about running the stock price down and buying up the outstanding stock and putting himself into a position to take full ownership of the company but still have time during this "boom time" to recoup the losses?