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Exhibit No. 21.1
SUBSIDIARIES OF REGISTRANT
As of December 31, 2016
1) | PHI Capital Holdings, Inc. |
Percentage of ownership: 100% | |
Business activity: Consulting and M&A advisory services | |
2) | American Pacific Resources, Inc. |
Percentage of ownership: 100% | |
Business activity: Mining & Natural Resources. (inactive) | |
3) | Abundant Farms, Inc. |
Percentage of ownership: 100% | |
Business activity: Farming (startup) |