0000000000-25-000346.txt : 20250409 0000000000-25-000346.hdr.sgml : 20250409 20250113153609 ACCESSION NUMBER: 0000000000-25-000346 CONFORMED SUBMISSION TYPE: UPLOAD PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20250113 FILED FOR: COMPANY DATA: COMPANY CONFORMED NAME: PHI GROUP INC CENTRAL INDEX KEY: 0000704172 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-MANAGEMENT SERVICES [8741] ORGANIZATION NAME: 07 Trade & Services EIN: 900114535 STATE OF INCORPORATION: WY FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: UPLOAD SEC FILE NUMBER: 001-38255 BUSINESS ADDRESS: STREET 1: 5348 VEGAS DRIVE STREET 2: 237 CITY: LAS VEGAS STATE: NV ZIP: 89108 BUSINESS PHONE: 7146420571 MAIL ADDRESS: STREET 1: 17011 BEACH BLVD., SUITE 900 CITY: HUNTINGTON BEACH STATE: CA ZIP: 92647 FORMER COMPANY: FORMER CONFORMED NAME: PROVIDENTIAL HOLDINGS INC DATE OF NAME CHANGE: 20000413 FORMER COMPANY: FORMER CONFORMED NAME: PROVIDENTIAL SECURITIES INC /NV/ DATE OF NAME CHANGE: 20000209 FORMER COMPANY: FORMER CONFORMED NAME: JR CONSULTING INC DATE OF NAME CHANGE: 19950712 PUBLIC REFERENCE ACCESSION NUMBER: 0001493152-24-041102 LETTER 1 filename1.pdf begin 644 filename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Fahman President and Chief Executive Officer PHI Group, Inc. 17011 Beach Blvd, Suite 900 Huntington Beach, CA 92614 Re: PHI Group, Inc. Form 10-K for Fiscal Year Ended June 30, 2024 Form 10-K for Fiscal Year Ended June 30, 2023 File No. 001-38255 Dear Henry D. Fahman: We have limited our review of your filings to the financial statements and related disclosures and have the following comments. Please respond to this letter within ten business days by providing the requested information or advise us as soon as possible when you will respond. If you do not believe a comment applies to your facts and circumstances, please tell us why in your response. After reviewing your response to this letter, we may have additional comments. Form 10-K for Fiscal Year Ended June 30, 2024 Item 9A. Controls and Procedures Disclosure Controls and Procedures, page 16 1. We note your disclosure controls and procedures conclusion is dated as of June 30, 2023 rather than 2024. Please revise. Report of Independent Registered Public Accounting Firm, page F-1 2. Please address the following: An audit report from an independent registered public accounting firm is missing for both fiscal years 2024 and 2023. Please amend both filings to include the audit report. You included the information of M.S. Madhava Rao, a PCAOB registered independent registered public accounting firm, before the audit report placeholder page (i.e. page F-1). We note that M.S. Madhava Rao issued an audit report for the fiscal year 2022 Form 10-K. However, it appears that M.S. Madhava Rao did January 13, 2025 Page 2 not file any Form APs with the PCAOB for fiscal years 2024 and 2023 suggesting that there were no audits of your company performed by M.S. Madhava Rao. Please tell us why you included the information of M.S. Madhava Rao in the filings. In closing, we remind you that the company and its management are responsible for the accuracy and adequacy of their disclosures, notwithstanding any review, comments, action or absence of action by the staff. Please contact Stephen Kim at 202-551-3291 or Lyn Shenk at 202-551-3380 with any questions. Sincerely, Division of Corporation Finance Office of Trade & Services