SEC Info - Phi Group Inc. - ‘10-K/A’ for 6/30/22

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Phi Group Inc. – ‘10-K/A’ for 6/30/22 – ‘EX-101.LAB’

On: Tuesday, 1/17/23, at 6:13am ET · For: 6/30/22 · Accession #: 1493152-23-1515 · File #: 1-38255

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  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 1/17/23  Phi Group Inc.                    10-K/A      6/30/22   74:6.4M                                   M2 Compliance LLC/FA

Amendment to Annual Report — Form 10-K

Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 10-K/A      Amendment to Annual Report                          HTML   1.58M 
 2: EX-21.1     Subsidiaries List                                   HTML     28K 
 3: EX-31.1     Certification -- §302 - SOA'02                      HTML     30K 
 4: EX-32.2     Certification -- §906 - SOA'02                      HTML     23K 
10: R1          Cover                                               HTML     82K 
11: R2          Consolidated Balance Sheets                         HTML    113K 
12: R3          Consolidated Balance Sheets (Parenthetical)         HTML     38K 
13: R4          Consolidated Statement of Operations                HTML     86K 
14: R5          Consolidated Statements of Cash Flows               HTML     82K 
15: R6          Statement of Stockholders' Deficit                  HTML    104K 
16: R7          Nature of Business                                  HTML     29K 
17: R8          Summary of Significant Accounting Policies          HTML    107K 
18: R9          Other Current Assets                                HTML     38K 
19: R10         Other Assets                                        HTML     36K 
20: R11         Property and Equipment                              HTML     24K 
21: R12         Current Liabilities                                 HTML     47K 
22: R13         Due to Officers and Directors                       HTML     31K 
23: R14         Loans and Promissory Notes                          HTML     32K 
24: R15         Payroll Tax Liabilities                             HTML     23K 
25: R16         Basic and Diluted Net Loss Per Share                HTML     24K 
26: R17         Domestication in the State of Wyoming               HTML     79K 
27: R18         Dissolution of Nevada Corporation and Operating as  HTML     24K 
                A Wyoming Corporation                                            
28: R19         Stockholder's Equity                                HTML    130K 
29: R20         Stock-Based Compensation Plans                      HTML     51K 
30: R21         Other Income (Expense)                              HTML     29K 
31: R22         Related Party Transactions                          HTML     27K 
32: R23         Income Taxes                                        HTML     27K 
33: R24         Contracts and Commitments                           HTML    103K 
34: R25         Going Concern Uncertainty                           HTML     24K 
35: R26         Subsequent Events                                   HTML     45K 
36: R27         Summary of Significant Accounting Policies          HTML    152K 
                (Policies)                                                       
37: R28         Summary of Significant Accounting Policies          HTML     36K 
                (Tables)                                                         
38: R29         Other Current Assets (Tables)                       HTML     32K 
39: R30         Other Assets (Tables)                               HTML     33K 
40: R31         Current Liabilities (Tables)                        HTML     38K 
41: R32         Due to Officers and Directors (Tables)              HTML     29K 
42: R33         Stockholder's Equity (Tables)                       HTML    118K 
43: R34         Stock-Based Compensation Plans (Tables)             HTML     46K 
44: R35         Other Income (Expense) (Tables)                     HTML     28K 
45: R36         Schedule of Net Earnings (Loss) Per Share           HTML     51K 
                (Details)                                                        
46: R37         Summary of Significant Accounting Policies          HTML     38K 
                (Details Narrative)                                              
47: R38         Schedule of Fair Value of Investments Marketable    HTML     28K 
                Equity Securities (Details)                                      
48: R39         Schedule of Other Assets (Details)                  HTML     25K 
49: R40         Other Current Assets (Details Narrative)            HTML     44K 
50: R41         Other Assets (Details Narrative)                    HTML     27K 
51: R42         Schedule of Current Liabilities (Details)           HTML     48K 
52: R43         Current Liabilities (Details Narrative)             HTML     50K 
53: R44         Schedule of Components of Due to Officers and       HTML     28K 
                Directors (Details)                                              
54: R45         Due to Officers and Directors (Details Narrative)   HTML     23K 
55: R46         Loans and Promissory Notes (Details Narrative)      HTML     47K 
56: R47         Payroll Tax Liabilities (Details Narrative)         HTML     22K 
57: R48         Domestication in the State of Wyoming (Details      HTML     75K 
                Narrative)                                                       
58: R49         Schedule of Conversions of Common Stock (Details)   HTML    133K 
59: R50         Schedule of Conversions of Common Stock (Details)   HTML     22K 
                (Parenthetical)                                                  
60: R51         Stockholder's Equity (Details Narrative)            HTML     58K 
61: R52         Schedule of Fair Value of Stock Option Assumptions  HTML     27K 
                (Details)                                                        
62: R53         Schedule of Fair Value of Stock Option Issuance     HTML     41K 
                Date (Details)                                                   
63: R54         Stock-Based Compensation Plans (Details Narrative)  HTML     35K 
64: R55         Schedule of Other Income (Expense) (Details)        HTML     29K 
65: R56         Related Party Transactions (Details Narrative)      HTML     35K 
66: R57         Income Taxes (Details Narrative)                    HTML     24K 
67: R58         Contracts and Commitments (Details Narrative)       HTML    185K 
68: R59         Going Concern Uncertainty (Details Narrative)       HTML     28K 
69: R60         Subsequent Events (Details Narrative)               HTML     61K 
72: XML         IDEA XML File -- Filing Summary                      XML    132K 
70: XML         XBRL Instance -- form10-ka_htm                       XML   1.38M 
71: EXCEL       IDEA Workbook of Financial Reports                  XLSX    160K 
 6: EX-101.CAL  Inline XBRL Taxonomy Extension Calculation           XML    136K 
                Linkbase Document -- phil-20220630_cal                           
 7: EX-101.DEF  Inline XBRL Taxonomy Extension Definition Linkbase   XML    583K 
                Document -- phil-20220630_def                                    
 8: EX-101.LAB  Inline XBRL Taxonomy Extension Label Linkbase        XML    927K 
                Document -- phil-20220630_lab                                    
 9: EX-101.PRE  Inline XBRL Taxonomy Extension Presentation          XML    747K 
                Linkbase Document -- phil-20220630_pre                           
 5: EX-101.SCH  Inline XBRL Taxonomy Extension Schema Document --    XSD    172K 
                phil-20220630                                                    
73: JSON        XBRL Instance as JSON Data -- MetaLinks              326±   472K 
74: ZIP         XBRL Zipped Folder -- 0001493152-23-001515-xbrl      Zip    282K

‘EX-101.LAB’ — Inline XBRL Taxonomy Extension Label Linkbase Document — phil-20220630_lab

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<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StatementEquityComponentsAxis" xlink:to="us-gaap_StatementEquityComponentsAxis_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_StatementEquityComponentsAxis_lbl" xml:lang="en-US"> Equity Components [Axis] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_CommonStockMember" xlink:label="us-gaap_CommonStockMember"/>

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<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_PreferredStockMember" xlink:label="us-gaap_PreferredStockMember"/>

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<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AdditionalPaidInCapitalMember" xlink:to="us-gaap_AdditionalPaidInCapitalMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AdditionalPaidInCapitalMember_lbl" xml:lang="en-US"> Additional Paid-in Capital [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_TreasuryStockMember" xlink:label="us-gaap_TreasuryStockMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_TreasuryStockMember" xlink:to="us-gaap_TreasuryStockMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_TreasuryStockMember_lbl" xml:lang="en-US"> Treasury Stock [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="phil-20220630.xsd#PHIL_CommonStockToBeCancelledMember" xlink:label="PHIL_CommonStockToBeCancelledMember"/>

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<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PHIL_AsiaDiamondExchangeIncMember" xlink:to="PHIL_AsiaDiamondExchangeIncMember_lbl" xlink:type="arc"/>

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<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="PHIL_PHILuxembourgHoldingSAMember_lbl" xml:lang="en-US"> PHI Luxembourg Holding SA [Member] </link:label>

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<link:loc xlink:type="locator" xlink:href="phil-20220630.xsd#PHIL_SportsPouchBeverageCoMember" xlink:label="PHIL_SportsPouchBeverageCoMember"/>

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<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="PHIL_SportsPouchBeverageCoMember_lbl" xml:lang="en-US"> Sports Pouch Beverage Co [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="phil-20220630.xsd#PHIL_GlimkGlobalGroupIncMember" xlink:label="PHIL_GlimkGlobalGroupIncMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PHIL_GlimkGlobalGroupIncMember" xlink:to="PHIL_GlimkGlobalGroupIncMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="PHIL_GlimkGlobalGroupIncMember_lbl" xml:lang="en-US"> Glimk Global Group Inc [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_TypeOfArrangementAxis" xlink:label="us-gaap_TypeOfArrangementAxis"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_TypeOfArrangementAxis" xlink:to="us-gaap_TypeOfArrangementAxis_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_TypeOfArrangementAxis_lbl" xml:lang="en-US"> Collaborative Arrangement and Arrangement Other than Collaborative [Axis] </link:label>

<link:loc xlink:type="locator" xlink:href="phil-20220630.xsd#PHIL_ConsultingServiceAgreementMember" xlink:label="PHIL_ConsultingServiceAgreementMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PHIL_ConsultingServiceAgreementMember" xlink:to="PHIL_ConsultingServiceAgreementMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="PHIL_ConsultingServiceAgreementMember_lbl" xml:lang="en-US"> Consulting Service Agreement [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_FairValueByFairValueHierarchyLevelAxis" xlink:label="us-gaap_FairValueByFairValueHierarchyLevelAxis"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValueByFairValueHierarchyLevelAxis" xlink:to="us-gaap_FairValueByFairValueHierarchyLevelAxis_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_FairValueByFairValueHierarchyLevelAxis_lbl" xml:lang="en-US"> Fair Value Hierarchy and NAV [Axis] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_FairValueInputsLevel1Member" xlink:label="us-gaap_FairValueInputsLevel1Member"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValueInputsLevel1Member" xlink:to="us-gaap_FairValueInputsLevel1Member_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_FairValueInputsLevel1Member_lbl" xml:lang="en-US"> Fair Value, Inputs, Level 1 [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_FairValueInputsLevel2Member" xlink:label="us-gaap_FairValueInputsLevel2Member"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValueInputsLevel2Member" xlink:to="us-gaap_FairValueInputsLevel2Member_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_FairValueInputsLevel2Member_lbl" xml:lang="en-US"> Fair Value, Inputs, Level 2 [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_FairValueInputsLevel3Member" xlink:label="us-gaap_FairValueInputsLevel3Member"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValueInputsLevel3Member" xlink:to="us-gaap_FairValueInputsLevel3Member_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_FairValueInputsLevel3Member_lbl" xml:lang="en-US"> Fair Value, Inputs, Level 3 [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_LegalEntityAxis" xlink:label="dei_LegalEntityAxis"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_LegalEntityAxis" xlink:to="dei_LegalEntityAxis_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_LegalEntityAxis_lbl" xml:lang="en-US"> Legal Entity [Axis] </link:label>

<link:loc xlink:type="locator" xlink:href="phil-20220630.xsd#PHIL_AsiaDiamondExchangeDevelopmentMember" xlink:label="PHIL_AsiaDiamondExchangeDevelopmentMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PHIL_AsiaDiamondExchangeDevelopmentMember" xlink:to="PHIL_AsiaDiamondExchangeDevelopmentMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="PHIL_AsiaDiamondExchangeDevelopmentMember_lbl" xml:lang="en-US"> Asia Diamond Exchange Development [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="phil-20220630.xsd#PHIL_PHILUXGlobalFundsMember" xlink:label="PHIL_PHILUXGlobalFundsMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PHIL_PHILUXGlobalFundsMember" xlink:to="PHIL_PHILUXGlobalFundsMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="PHIL_PHILUXGlobalFundsMember_lbl" xml:lang="en-US"> PHILUX Global Funds [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="phil-20220630.xsd#PHIL_AQuariusPowerIncMember" xlink:label="PHIL_AQuariusPowerIncMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PHIL_AQuariusPowerIncMember" xlink:to="PHIL_AQuariusPowerIncMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="PHIL_AQuariusPowerIncMember_lbl" xml:lang="en-US"> AQuarius Power, Inc [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_ShortTermDebtTypeAxis" xlink:label="us-gaap_ShortTermDebtTypeAxis"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShortTermDebtTypeAxis" xlink:to="us-gaap_ShortTermDebtTypeAxis_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ShortTermDebtTypeAxis_lbl" xml:lang="en-US"> Short-Term Debt, Type [Axis] </link:label>

<link:loc xlink:type="locator" xlink:href="phil-20220630.xsd#PHIL_ConvertiblePromissoryNotesMember" xlink:label="PHIL_ConvertiblePromissoryNotesMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PHIL_ConvertiblePromissoryNotesMember" xlink:to="PHIL_ConvertiblePromissoryNotesMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="PHIL_ConvertiblePromissoryNotesMember_lbl" xml:lang="en-US"> Convertible Promissory Notes [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="phil-20220630.xsd#PHIL_EuropeanPlasticJointStockCompanyMember" xlink:label="PHIL_EuropeanPlasticJointStockCompanyMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PHIL_EuropeanPlasticJointStockCompanyMember" xlink:to="PHIL_EuropeanPlasticJointStockCompanyMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="PHIL_EuropeanPlasticJointStockCompanyMember_lbl" xml:lang="en-US"> European Plastic Joint Stock Company [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="phil-20220630.xsd#PHIL_SaigonPhoPalaceJointStockCompanyMember" xlink:label="PHIL_SaigonPhoPalaceJointStockCompanyMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PHIL_SaigonPhoPalaceJointStockCompanyMember" xlink:to="PHIL_SaigonPhoPalaceJointStockCompanyMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="PHIL_SaigonPhoPalaceJointStockCompanyMember_lbl" xml:lang="en-US"> Saigon Pho Palace Joint Stock Company [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="phil-20220630.xsd#PHIL_SinhNguyenCoLtdMember" xlink:label="PHIL_SinhNguyenCoLtdMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PHIL_SinhNguyenCoLtdMember" xlink:to="PHIL_SinhNguyenCoLtdMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="PHIL_SinhNguyenCoLtdMember_lbl" xml:lang="en-US"> Sinh Nguyen Co Ltd [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="phil-20220630.xsd#PHIL_TeccoGroupMember" xlink:label="PHIL_TeccoGroupMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PHIL_TeccoGroupMember" xlink:to="PHIL_TeccoGroupMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="PHIL_TeccoGroupMember_lbl" xml:lang="en-US"> Tecco Group [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/srt/2022/elts/srt-2022.xsd#srt_TitleOfIndividualAxis" xlink:label="srt_TitleOfIndividualAxis"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="srt_TitleOfIndividualAxis" xlink:to="srt_TitleOfIndividualAxis_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="srt_TitleOfIndividualAxis_lbl" xml:lang="en-US"> Title of Individual [Axis] </link:label>

<link:loc xlink:type="locator" xlink:href="phil-20220630.xsd#PHIL_HenryFahmanMember" xlink:label="PHIL_HenryFahmanMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PHIL_HenryFahmanMember" xlink:to="PHIL_HenryFahmanMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="PHIL_HenryFahmanMember_lbl" xml:lang="en-US"> Henry Fahman [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="phil-20220630.xsd#PHIL_TamBuiMember" xlink:label="PHIL_TamBuiMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PHIL_TamBuiMember" xlink:to="PHIL_TamBuiMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="PHIL_TamBuiMember_lbl" xml:lang="en-US"> Tam Bui [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="phil-20220630.xsd#PHIL_ShortTermNotesPayableMember" xlink:label="PHIL_ShortTermNotesPayableMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PHIL_ShortTermNotesPayableMember" xlink:to="PHIL_ShortTermNotesPayableMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="PHIL_ShortTermNotesPayableMember_lbl" xml:lang="en-US"> Short-term Notes Payable [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="phil-20220630.xsd#PHIL_RegularShortTermNotesMember" xlink:label="PHIL_RegularShortTermNotesMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PHIL_RegularShortTermNotesMember" xlink:to="PHIL_RegularShortTermNotesMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="PHIL_RegularShortTermNotesMember_lbl" xml:lang="en-US"> Regular Short-Term Notes [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="phil-20220630.xsd#PHIL_SBALoanMember" xlink:label="PHIL_SBALoanMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PHIL_SBALoanMember" xlink:to="PHIL_SBALoanMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="PHIL_SBALoanMember_lbl" xml:lang="en-US"> SBA Loan [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="phil-20220630.xsd#PHIL_MerchantCashMember" xlink:label="PHIL_MerchantCashMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PHIL_MerchantCashMember" xlink:to="PHIL_MerchantCashMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="PHIL_MerchantCashMember_lbl" xml:lang="en-US"> Merchant Cash [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="phil-20220630.xsd#PHIL_RegularShortTermNotesPayableMember" xlink:label="PHIL_RegularShortTermNotesPayableMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PHIL_RegularShortTermNotesPayableMember" xlink:to="PHIL_RegularShortTermNotesPayableMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="PHIL_RegularShortTermNotesPayableMember_lbl" xml:lang="en-US"> Regular Short-term Notes Payable [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/srt/2022/elts/srt-2022.xsd#srt_RangeAxis" xlink:label="srt_RangeAxis"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="srt_RangeAxis" xlink:to="srt_RangeAxis_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="srt_RangeAxis_lbl" xml:lang="en-US"> Statistical Measurement [Axis] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/srt/2022/elts/srt-2022.xsd#srt_MinimumMember" xlink:label="srt_MinimumMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="srt_MinimumMember" xlink:to="srt_MinimumMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="srt_MinimumMember_lbl" xml:lang="en-US"> Minimum [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/srt/2022/elts/srt-2022.xsd#srt_MaximumMember" xlink:label="srt_MaximumMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="srt_MaximumMember" xlink:to="srt_MaximumMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="srt_MaximumMember_lbl" xml:lang="en-US"> Maximum [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="phil-20220630.xsd#PHIL_VotingCommonStockMember" xlink:label="PHIL_VotingCommonStockMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PHIL_VotingCommonStockMember" xlink:to="PHIL_VotingCommonStockMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="PHIL_VotingCommonStockMember_lbl" xml:lang="en-US"> Voting Common Stock [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="phil-20220630.xsd#PHIL_NonVotingClassASeriesIPreferredStockMember" xlink:label="PHIL_NonVotingClassASeriesIPreferredStockMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PHIL_NonVotingClassASeriesIPreferredStockMember" xlink:to="PHIL_NonVotingClassASeriesIPreferredStockMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="PHIL_NonVotingClassASeriesIPreferredStockMember_lbl" xml:lang="en-US"> Non-voting Class A Series I Preferred Stock [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="phil-20220630.xsd#PHIL_NonVotingClassASeriesIIPreferredStockMember" xlink:label="PHIL_NonVotingClassASeriesIIPreferredStockMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PHIL_NonVotingClassASeriesIIPreferredStockMember" xlink:to="PHIL_NonVotingClassASeriesIIPreferredStockMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="PHIL_NonVotingClassASeriesIIPreferredStockMember_lbl" xml:lang="en-US"> Non-voting Class A Series II Preferred Stock [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="phil-20220630.xsd#PHIL_NonVotingClassASeriesIIIPreferredStockMember" xlink:label="PHIL_NonVotingClassASeriesIIIPreferredStockMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PHIL_NonVotingClassASeriesIIIPreferredStockMember" xlink:to="PHIL_NonVotingClassASeriesIIIPreferredStockMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="PHIL_NonVotingClassASeriesIIIPreferredStockMember_lbl" xml:lang="en-US"> Non-voting Class A Series III Preferred Stock [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="phil-20220630.xsd#PHIL_VotingClassASeriesIVPreferredStockMember" xlink:label="PHIL_VotingClassASeriesIVPreferredStockMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PHIL_VotingClassASeriesIVPreferredStockMember" xlink:to="PHIL_VotingClassASeriesIVPreferredStockMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="PHIL_VotingClassASeriesIVPreferredStockMember_lbl" xml:lang="en-US"> Voting Class A Series IV Preferred Stock [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="phil-20220630.xsd#PHIL_ClassASeriesICumulativeConvertibleRedeemablePreferredStockMember" xlink:label="PHIL_ClassASeriesICumulativeConvertibleRedeemablePreferredStockMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PHIL_ClassASeriesICumulativeConvertibleRedeemablePreferredStockMember" xlink:to="PHIL_ClassASeriesICumulativeConvertibleRedeemablePreferredStockMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="PHIL_ClassASeriesICumulativeConvertibleRedeemablePreferredStockMember_lbl" xml:lang="en-US"> Class A Series I Cumulative Convertible Redeemable Preferred Stock [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="phil-20220630.xsd#PHIL_ClassASeriesIICumulativeConvertibleRedeemablePreferredStockMember" xlink:label="PHIL_ClassASeriesIICumulativeConvertibleRedeemablePreferredStockMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PHIL_ClassASeriesIICumulativeConvertibleRedeemablePreferredStockMember" xlink:to="PHIL_ClassASeriesIICumulativeConvertibleRedeemablePreferredStockMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="PHIL_ClassASeriesIICumulativeConvertibleRedeemablePreferredStockMember_lbl" xml:lang="en-US"> Class A Series II Cumulative Convertible Redeemable Preferred Stock [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="phil-20220630.xsd#PHIL_ClassASeriesIIICumulativeConvertibleRedeemablePreferredStockMember" xlink:label="PHIL_ClassASeriesIIICumulativeConvertibleRedeemablePreferredStockMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PHIL_ClassASeriesIIICumulativeConvertibleRedeemablePreferredStockMember" xlink:to="PHIL_ClassASeriesIIICumulativeConvertibleRedeemablePreferredStockMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="PHIL_ClassASeriesIIICumulativeConvertibleRedeemablePreferredStockMember_lbl" xml:lang="en-US"> Class A Series III Cumulative, Convertible, Redeemable Preferred Stock [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="phil-20220630.xsd#PHIL_ClassASeriesIVCumulativeConvertibleRedeemablePreferredStockMember" xlink:label="PHIL_ClassASeriesIVCumulativeConvertibleRedeemablePreferredStockMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PHIL_ClassASeriesIVCumulativeConvertibleRedeemablePreferredStockMember" xlink:to="PHIL_ClassASeriesIVCumulativeConvertibleRedeemablePreferredStockMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="PHIL_ClassASeriesIVCumulativeConvertibleRedeemablePreferredStockMember_lbl" xml:lang="en-US"> Class A Series IV Cumulative Convertible Redeemable Preferred Stock [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="phil-20220630.xsd#PHIL_SubsidiaryPHIGroupIncMember" xlink:label="PHIL_SubsidiaryPHIGroupIncMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PHIL_SubsidiaryPHIGroupIncMember" xlink:to="PHIL_SubsidiaryPHIGroupIncMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="PHIL_SubsidiaryPHIGroupIncMember_lbl" xml:lang="en-US"> Subsidiary PHI Group Inc [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="phil-20220630.xsd#PHIL_AmericanPacificPlasticsIncMember" xlink:label="PHIL_AmericanPacificPlasticsIncMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PHIL_AmericanPacificPlasticsIncMember" xlink:to="PHIL_AmericanPacificPlasticsIncMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="PHIL_AmericanPacificPlasticsIncMember_lbl" xml:lang="en-US"> American Pacific Plastics, Inc [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="phil-20220630.xsd#PHIL_BoardOfDirectorsMember" xlink:label="PHIL_BoardOfDirectorsMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PHIL_BoardOfDirectorsMember" xlink:to="PHIL_BoardOfDirectorsMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="PHIL_BoardOfDirectorsMember_lbl" xml:lang="en-US"> Board of Directors [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_SeriesBPreferredStockMember" xlink:label="us-gaap_SeriesBPreferredStockMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SeriesBPreferredStockMember" xlink:to="us-gaap_SeriesBPreferredStockMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_SeriesBPreferredStockMember_lbl" xml:lang="en-US"> Series B Preferred Stock [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/srt/2022/elts/srt-2022.xsd#srt_BoardOfDirectorsChairmanMember" xlink:label="srt_BoardOfDirectorsChairmanMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="srt_BoardOfDirectorsChairmanMember" xlink:to="srt_BoardOfDirectorsChairmanMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="srt_BoardOfDirectorsChairmanMember_lbl" xml:lang="en-US"> Board of Directors Chairman [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_AwardDateAxis" xlink:label="us-gaap_AwardDateAxis"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AwardDateAxis" xlink:to="us-gaap_AwardDateAxis_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AwardDateAxis_lbl" xml:lang="en-US"> Award Date [Axis] </link:label>

<link:loc xlink:type="locator" xlink:href="phil-20220630.xsd#PHIL_CommonStockIssuancesCancellationsDateOneMember" xlink:label="PHIL_CommonStockIssuancesCancellationsDateOneMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PHIL_CommonStockIssuancesCancellationsDateOneMember" xlink:to="PHIL_CommonStockIssuancesCancellationsDateOneMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="PHIL_CommonStockIssuancesCancellationsDateOneMember_lbl" xml:lang="en-US"> Common Stock Issuances Cancellations Date One [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="phil-20220630.xsd#PHIL_CancelSharesFromLuanNgoMember" xlink:label="PHIL_CancelSharesFromLuanNgoMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PHIL_CancelSharesFromLuanNgoMember" xlink:to="PHIL_CancelSharesFromLuanNgoMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="PHIL_CancelSharesFromLuanNgoMember_lbl" xml:lang="en-US"> Cancel Shares From Luan Ngo [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="phil-20220630.xsd#PHIL_CommonStockIssuancesCancellationsDateTwoMember" xlink:label="PHIL_CommonStockIssuancesCancellationsDateTwoMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PHIL_CommonStockIssuancesCancellationsDateTwoMember" xlink:to="PHIL_CommonStockIssuancesCancellationsDateTwoMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="PHIL_CommonStockIssuancesCancellationsDateTwoMember_lbl" xml:lang="en-US"> Common Stock Issuances Cancellations Date Two [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="phil-20220630.xsd#PHIL_CommonStockIssuancesCancellationsDateThreeMember" xlink:label="PHIL_CommonStockIssuancesCancellationsDateThreeMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PHIL_CommonStockIssuancesCancellationsDateThreeMember" xlink:to="PHIL_CommonStockIssuancesCancellationsDateThreeMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="PHIL_CommonStockIssuancesCancellationsDateThreeMember_lbl" xml:lang="en-US"> Common Stock Issuances Cancellations Date Three [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="phil-20220630.xsd#PHIL_CommonStockIssuancesCancellationsDateFourMember" xlink:label="PHIL_CommonStockIssuancesCancellationsDateFourMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PHIL_CommonStockIssuancesCancellationsDateFourMember" xlink:to="PHIL_CommonStockIssuancesCancellationsDateFourMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="PHIL_CommonStockIssuancesCancellationsDateFourMember_lbl" xml:lang="en-US"> Common Stock Issuances Cancellations Date Four [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="phil-20220630.xsd#PHIL_TinaPhanMember" xlink:label="PHIL_TinaPhanMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PHIL_TinaPhanMember" xlink:to="PHIL_TinaPhanMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="PHIL_TinaPhanMember_lbl" xml:lang="en-US"> Tina Phan [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="phil-20220630.xsd#PHIL_CommonStockIssuancesCancellationsDateFiveMember" xlink:label="PHIL_CommonStockIssuancesCancellationsDateFiveMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PHIL_CommonStockIssuancesCancellationsDateFiveMember" xlink:to="PHIL_CommonStockIssuancesCancellationsDateFiveMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="PHIL_CommonStockIssuancesCancellationsDateFiveMember_lbl" xml:lang="en-US"> Common Stock Issuances Cancellations Date Five [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="phil-20220630.xsd#PHIL_JohnnyParkMember" xlink:label="PHIL_JohnnyParkMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PHIL_JohnnyParkMember" xlink:to="PHIL_JohnnyParkMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="PHIL_JohnnyParkMember_lbl" xml:lang="en-US"> Johnny Park [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="phil-20220630.xsd#PHIL_CommonStockIssuancesCancellationsDateSixMember" xlink:label="PHIL_CommonStockIssuancesCancellationsDateSixMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PHIL_CommonStockIssuancesCancellationsDateSixMember" xlink:to="PHIL_CommonStockIssuancesCancellationsDateSixMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="PHIL_CommonStockIssuancesCancellationsDateSixMember_lbl" xml:lang="en-US"> Common Stock Issuances Cancellations Date Six [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="phil-20220630.xsd#PHIL_CommonStockIssuancesCancellationsDateSevenMember" xlink:label="PHIL_CommonStockIssuancesCancellationsDateSevenMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PHIL_CommonStockIssuancesCancellationsDateSevenMember" xlink:to="PHIL_CommonStockIssuancesCancellationsDateSevenMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="PHIL_CommonStockIssuancesCancellationsDateSevenMember_lbl" xml:lang="en-US"> Common Stock Issuances Cancellations Date Seven [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="phil-20220630.xsd#PHIL_PhiluxGlobalFundsSCASICARAIFMember" xlink:label="PHIL_PhiluxGlobalFundsSCASICARAIFMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PHIL_PhiluxGlobalFundsSCASICARAIFMember" xlink:to="PHIL_PhiluxGlobalFundsSCASICARAIFMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="PHIL_PhiluxGlobalFundsSCASICARAIFMember_lbl" xml:lang="en-US"> Philux Global Funds SCASICARAIF [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="phil-20220630.xsd#PHIL_CommonStockIssuancesCancellationsDateEightMember" xlink:label="PHIL_CommonStockIssuancesCancellationsDateEightMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PHIL_CommonStockIssuancesCancellationsDateEightMember" xlink:to="PHIL_CommonStockIssuancesCancellationsDateEightMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="PHIL_CommonStockIssuancesCancellationsDateEightMember_lbl" xml:lang="en-US"> Common Stock Issuances Cancellations Date Eight [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="phil-20220630.xsd#PHIL_WhankukJeMember" xlink:label="PHIL_WhankukJeMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PHIL_WhankukJeMember" xlink:to="PHIL_WhankukJeMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="PHIL_WhankukJeMember_lbl" xml:lang="en-US"> Whankuk Je [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="phil-20220630.xsd#PHIL_CommonStockIssuancesCancellationsDateNineMember" xlink:label="PHIL_CommonStockIssuancesCancellationsDateNineMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PHIL_CommonStockIssuancesCancellationsDateNineMember" xlink:to="PHIL_CommonStockIssuancesCancellationsDateNineMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="PHIL_CommonStockIssuancesCancellationsDateNineMember_lbl" xml:lang="en-US"> Common Stock Issuances Cancellations Date Nine [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="phil-20220630.xsd#PHIL_EMAFinancialLLCMember" xlink:label="PHIL_EMAFinancialLLCMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PHIL_EMAFinancialLLCMember" xlink:to="PHIL_EMAFinancialLLCMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="PHIL_EMAFinancialLLCMember_lbl" xml:lang="en-US"> EMA FinancialLLC [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="phil-20220630.xsd#PHIL_CommonStockIssuancesCancellationsDateTenMember" xlink:label="PHIL_CommonStockIssuancesCancellationsDateTenMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PHIL_CommonStockIssuancesCancellationsDateTenMember" xlink:to="PHIL_CommonStockIssuancesCancellationsDateTenMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="PHIL_CommonStockIssuancesCancellationsDateTenMember_lbl" xml:lang="en-US"> Common Stock Issuances Cancellations Date Ten [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="phil-20220630.xsd#PHIL_CommonStockIssuancesCancellationsDateElevenMember" xlink:label="PHIL_CommonStockIssuancesCancellationsDateElevenMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PHIL_CommonStockIssuancesCancellationsDateElevenMember" xlink:to="PHIL_CommonStockIssuancesCancellationsDateElevenMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="PHIL_CommonStockIssuancesCancellationsDateElevenMember_lbl" xml:lang="en-US"> Common Stock Issuances Cancellations Date Eleven [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="phil-20220630.xsd#PHIL_CommonStockIssuancesCancellationsDateTwelveMember" xlink:label="PHIL_CommonStockIssuancesCancellationsDateTwelveMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PHIL_CommonStockIssuancesCancellationsDateTwelveMember" xlink:to="PHIL_CommonStockIssuancesCancellationsDateTwelveMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="PHIL_CommonStockIssuancesCancellationsDateTwelveMember_lbl" xml:lang="en-US"> Common Stock Issuances Cancellations Date Twelve [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="phil-20220630.xsd#PHIL_CommonStockIssuancesCancellationsDateThireenMember" xlink:label="PHIL_CommonStockIssuancesCancellationsDateThireenMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PHIL_CommonStockIssuancesCancellationsDateThireenMember" xlink:to="PHIL_CommonStockIssuancesCancellationsDateThireenMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="PHIL_CommonStockIssuancesCancellationsDateThireenMember_lbl" xml:lang="en-US"> Common Stock Issuances Cancellations Date Thirteen [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="phil-20220630.xsd#PHIL_CommonStockIssuancesCancellationsDateFourteenMember" xlink:label="PHIL_CommonStockIssuancesCancellationsDateFourteenMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PHIL_CommonStockIssuancesCancellationsDateFourteenMember" xlink:to="PHIL_CommonStockIssuancesCancellationsDateFourteenMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="PHIL_CommonStockIssuancesCancellationsDateFourteenMember_lbl" xml:lang="en-US"> Common Stock Issuances Cancellations Date Fourteen [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="phil-20220630.xsd#PHIL_CraigMaukMember" xlink:label="PHIL_CraigMaukMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PHIL_CraigMaukMember" xlink:to="PHIL_CraigMaukMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="PHIL_CraigMaukMember_lbl" xml:lang="en-US"> Craig Mauk [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="phil-20220630.xsd#PHIL_CommonStockIssuancesCancellationsDateFifteenMember" xlink:label="PHIL_CommonStockIssuancesCancellationsDateFifteenMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PHIL_CommonStockIssuancesCancellationsDateFifteenMember" xlink:to="PHIL_CommonStockIssuancesCancellationsDateFifteenMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="PHIL_CommonStockIssuancesCancellationsDateFifteenMember_lbl" xml:lang="en-US"> Common Stock Issuances Cancellations Date Fifteen [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="phil-20220630.xsd#PHIL_MastHillFundLPMember" xlink:label="PHIL_MastHillFundLPMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PHIL_MastHillFundLPMember" xlink:to="PHIL_MastHillFundLPMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="PHIL_MastHillFundLPMember_lbl" xml:lang="en-US"> Mast Hill Fund LP [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="phil-20220630.xsd#PHIL_CommonStockIssuancesCancellationsDateSixteenMember" xlink:label="PHIL_CommonStockIssuancesCancellationsDateSixteenMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PHIL_CommonStockIssuancesCancellationsDateSixteenMember" xlink:to="PHIL_CommonStockIssuancesCancellationsDateSixteenMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="PHIL_CommonStockIssuancesCancellationsDateSixteenMember_lbl" xml:lang="en-US"> Common Stock Issuances Cancellations Date Sixteen [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="phil-20220630.xsd#PHIL_CommonStockIssuancesCancellationsDateSeventeenMember" xlink:label="PHIL_CommonStockIssuancesCancellationsDateSeventeenMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PHIL_CommonStockIssuancesCancellationsDateSeventeenMember" xlink:to="PHIL_CommonStockIssuancesCancellationsDateSeventeenMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="PHIL_CommonStockIssuancesCancellationsDateSeventeenMember_lbl" xml:lang="en-US"> Common Stock Issuances Cancellations Date Seventeen [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="phil-20220630.xsd#PHIL_PoerUpLendingGroupLTDMember" xlink:label="PHIL_PoerUpLendingGroupLTDMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PHIL_PoerUpLendingGroupLTDMember" xlink:to="PHIL_PoerUpLendingGroupLTDMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="PHIL_PoerUpLendingGroupLTDMember_lbl" xml:lang="en-US"> Poer Up Lending Group LTD [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="phil-20220630.xsd#PHIL_CommonStockIssuancesCancellationsDateEighteenMember" xlink:label="PHIL_CommonStockIssuancesCancellationsDateEighteenMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PHIL_CommonStockIssuancesCancellationsDateEighteenMember" xlink:to="PHIL_CommonStockIssuancesCancellationsDateEighteenMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="PHIL_CommonStockIssuancesCancellationsDateEighteenMember_lbl" xml:lang="en-US"> Common Stock Issuances Cancellations Date Eighteen [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="phil-20220630.xsd#PHIL_CommonStockIssuancesCancellationsDateNineteenMember" xlink:label="PHIL_CommonStockIssuancesCancellationsDateNineteenMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PHIL_CommonStockIssuancesCancellationsDateNineteenMember" xlink:to="PHIL_CommonStockIssuancesCancellationsDateNineteenMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="PHIL_CommonStockIssuancesCancellationsDateNineteenMember_lbl" xml:lang="en-US"> Common Stock Issuances Cancellations Date Nineteen [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="phil-20220630.xsd#PHIL_CommonStockIssuancesCancellationsDateTwentyMember" xlink:label="PHIL_CommonStockIssuancesCancellationsDateTwentyMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PHIL_CommonStockIssuancesCancellationsDateTwentyMember" xlink:to="PHIL_CommonStockIssuancesCancellationsDateTwentyMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="PHIL_CommonStockIssuancesCancellationsDateTwentyMember_lbl" xml:lang="en-US"> Common Stock Issuances Cancellations Date Twenty [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="phil-20220630.xsd#PHIL_CommonStockIssuancesCancellationsDateTwentyOneMember" xlink:label="PHIL_CommonStockIssuancesCancellationsDateTwentyOneMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PHIL_CommonStockIssuancesCancellationsDateTwentyOneMember" xlink:to="PHIL_CommonStockIssuancesCancellationsDateTwentyOneMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="PHIL_CommonStockIssuancesCancellationsDateTwentyOneMember_lbl" xml:lang="en-US"> Common Stock Issuances Cancellations Date Twenty One [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="phil-20220630.xsd#PHIL_CommonStockIssuancesCancellationsDateTwentyTwoMember" xlink:label="PHIL_CommonStockIssuancesCancellationsDateTwentyTwoMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PHIL_CommonStockIssuancesCancellationsDateTwentyTwoMember" xlink:to="PHIL_CommonStockIssuancesCancellationsDateTwentyTwoMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="PHIL_CommonStockIssuancesCancellationsDateTwentyTwoMember_lbl" xml:lang="en-US"> Common Stock Issuances Cancellations Date Twenty Two [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="phil-20220630.xsd#PHIL_CommonStockIssuancesCancellationsDateTwentyThreeMember" xlink:label="PHIL_CommonStockIssuancesCancellationsDateTwentyThreeMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PHIL_CommonStockIssuancesCancellationsDateTwentyThreeMember" xlink:to="PHIL_CommonStockIssuancesCancellationsDateTwentyThreeMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="PHIL_CommonStockIssuancesCancellationsDateTwentyThreeMember_lbl" xml:lang="en-US"> Common Stock Issuances Cancellations Date Twenty Three [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="phil-20220630.xsd#PHIL_CommonStockIssuancesCancellationsDateTwentyFourMember" xlink:label="PHIL_CommonStockIssuancesCancellationsDateTwentyFourMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PHIL_CommonStockIssuancesCancellationsDateTwentyFourMember" xlink:to="PHIL_CommonStockIssuancesCancellationsDateTwentyFourMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="PHIL_CommonStockIssuancesCancellationsDateTwentyFourMember_lbl" xml:lang="en-US"> Common Stock Issuances Cancellations Date Twenty Four [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="phil-20220630.xsd#PHIL_CommonStockIssuancesCancellationsDateTwentyFiveMember" xlink:label="PHIL_CommonStockIssuancesCancellationsDateTwentyFiveMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PHIL_CommonStockIssuancesCancellationsDateTwentyFiveMember" xlink:to="PHIL_CommonStockIssuancesCancellationsDateTwentyFiveMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="PHIL_CommonStockIssuancesCancellationsDateTwentyFiveMember_lbl" xml:lang="en-US"> Common Stock Issuances Cancellations Date Twenty Five [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="phil-20220630.xsd#PHIL_CommonStockIssuancesCancellationsDateTwentySixMember" xlink:label="PHIL_CommonStockIssuancesCancellationsDateTwentySixMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PHIL_CommonStockIssuancesCancellationsDateTwentySixMember" xlink:to="PHIL_CommonStockIssuancesCancellationsDateTwentySixMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="PHIL_CommonStockIssuancesCancellationsDateTwentySixMember_lbl" xml:lang="en-US"> Common Stock Issuances Cancellations Date Twenty Six [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="phil-20220630.xsd#PHIL_CommonStockIssuancesCancellationsDateTwentySevenMember" xlink:label="PHIL_CommonStockIssuancesCancellationsDateTwentySevenMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PHIL_CommonStockIssuancesCancellationsDateTwentySevenMember" xlink:to="PHIL_CommonStockIssuancesCancellationsDateTwentySevenMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="PHIL_CommonStockIssuancesCancellationsDateTwentySevenMember_lbl" xml:lang="en-US"> Common Stock Issuances Cancellations Date Twenty Seven [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="phil-20220630.xsd#PHIL_FirstFireGlobalOpportunitiesFundMember" xlink:label="PHIL_FirstFireGlobalOpportunitiesFundMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PHIL_FirstFireGlobalOpportunitiesFundMember" xlink:to="PHIL_FirstFireGlobalOpportunitiesFundMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="PHIL_FirstFireGlobalOpportunitiesFundMember_lbl" xml:lang="en-US"> FirstFire Global Opportunities Fund [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="phil-20220630.xsd#PHIL_CommonStockIssuancesCancellationsDateTwentyEightMember" xlink:label="PHIL_CommonStockIssuancesCancellationsDateTwentyEightMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PHIL_CommonStockIssuancesCancellationsDateTwentyEightMember" xlink:to="PHIL_CommonStockIssuancesCancellationsDateTwentyEightMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="PHIL_CommonStockIssuancesCancellationsDateTwentyEightMember_lbl" xml:lang="en-US"> Common Stock Issuances Cancellations Date Twenty Eight [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="phil-20220630.xsd#PHIL_DiagonalLeandingLLCMember" xlink:label="PHIL_DiagonalLeandingLLCMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PHIL_DiagonalLeandingLLCMember" xlink:to="PHIL_DiagonalLeandingLLCMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="PHIL_DiagonalLeandingLLCMember_lbl" xml:lang="en-US"> 1800 Diagonal Leanding LLC [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="phil-20220630.xsd#PHIL_CommonStockIssuancesCancellationsDateTwentyNineMember" xlink:label="PHIL_CommonStockIssuancesCancellationsDateTwentyNineMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PHIL_CommonStockIssuancesCancellationsDateTwentyNineMember" xlink:to="PHIL_CommonStockIssuancesCancellationsDateTwentyNineMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="PHIL_CommonStockIssuancesCancellationsDateTwentyNineMember_lbl" xml:lang="en-US"> Common Stock Issuances Cancellations Date Twenty Nine [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="phil-20220630.xsd#PHIL_CommonStockIssuancesCancellationsDateThirtyMember" xlink:label="PHIL_CommonStockIssuancesCancellationsDateThirtyMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PHIL_CommonStockIssuancesCancellationsDateThirtyMember" xlink:to="PHIL_CommonStockIssuancesCancellationsDateThirtyMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="PHIL_CommonStockIssuancesCancellationsDateThirtyMember_lbl" xml:lang="en-US"> Common Stock Issuances Cancellations Date Thirty [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="phil-20220630.xsd#PHIL_CommonStockIssuancesCancellationsDateThirtyOneMember" xlink:label="PHIL_CommonStockIssuancesCancellationsDateThirtyOneMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PHIL_CommonStockIssuancesCancellationsDateThirtyOneMember" xlink:to="PHIL_CommonStockIssuancesCancellationsDateThirtyOneMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="PHIL_CommonStockIssuancesCancellationsDateThirtyOneMember_lbl" xml:lang="en-US"> Common Stock Issuances Cancellations Date Thirty One [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="phil-20220630.xsd#PHIL_ThaiKieuTrinhMember" xlink:label="PHIL_ThaiKieuTrinhMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PHIL_ThaiKieuTrinhMember" xlink:to="PHIL_ThaiKieuTrinhMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="PHIL_ThaiKieuTrinhMember_lbl" xml:lang="en-US"> Thai Kieu Trinh [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="phil-20220630.xsd#PHIL_FrankHawkinsMember" xlink:label="PHIL_FrankHawkinsMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PHIL_FrankHawkinsMember" xlink:to="PHIL_FrankHawkinsMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="PHIL_FrankHawkinsMember_lbl" xml:lang="en-US"> Frank Hawkins [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="phil-20220630.xsd#PHIL_PresidentChiefOperatingOfficerAndSecretaryMember" xlink:label="PHIL_PresidentChiefOperatingOfficerAndSecretaryMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PHIL_PresidentChiefOperatingOfficerAndSecretaryMember" xlink:to="PHIL_PresidentChiefOperatingOfficerAndSecretaryMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="PHIL_PresidentChiefOperatingOfficerAndSecretaryMember_lbl" xml:lang="en-US"> President, Chief Operating Officer and Secretary [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="phil-20220630.xsd#PHIL_BusinessCooperationAgreementMember" xlink:label="PHIL_BusinessCooperationAgreementMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PHIL_BusinessCooperationAgreementMember" xlink:to="PHIL_BusinessCooperationAgreementMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="PHIL_BusinessCooperationAgreementMember_lbl" xml:lang="en-US"> Business Cooperation Agreement [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="phil-20220630.xsd#PHIL_VinafilmsJointStockCompanyMember" xlink:label="PHIL_VinafilmsJointStockCompanyMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PHIL_VinafilmsJointStockCompanyMember" xlink:to="PHIL_VinafilmsJointStockCompanyMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="PHIL_VinafilmsJointStockCompanyMember_lbl" xml:lang="en-US"> Vinafilms JSC [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="phil-20220630.xsd#PHIL_StockSwapAgreementMember" xlink:label="PHIL_StockSwapAgreementMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PHIL_StockSwapAgreementMember" xlink:to="PHIL_StockSwapAgreementMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="PHIL_StockSwapAgreementMember_lbl" xml:lang="en-US"> Stock Swap Agreement [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="phil-20220630.xsd#PHIL_PHILUXCapitalAdvisorsIncMember" xlink:label="PHIL_PHILUXCapitalAdvisorsIncMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PHIL_PHILUXCapitalAdvisorsIncMember" xlink:to="PHIL_PHILUXCapitalAdvisorsIncMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="PHIL_PHILUXCapitalAdvisorsIncMember_lbl" xml:lang="en-US"> PHILUX Capital Advisors, Inc. [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/srt/2022/elts/srt-2022.xsd#srt_OwnershipAxis" xlink:label="srt_OwnershipAxis"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="srt_OwnershipAxis" xlink:to="srt_OwnershipAxis_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="srt_OwnershipAxis_lbl" xml:lang="en-US"> Ownership [Axis] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_RelatedPartyTransactionsByRelatedPartyAxis" xlink:label="us-gaap_RelatedPartyTransactionsByRelatedPartyAxis"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RelatedPartyTransactionsByRelatedPartyAxis" xlink:to="us-gaap_RelatedPartyTransactionsByRelatedPartyAxis_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_RelatedPartyTransactionsByRelatedPartyAxis_lbl" xml:lang="en-US"> Related Party [Axis] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_InvestorMember" xlink:label="us-gaap_InvestorMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InvestorMember" xlink:to="us-gaap_InvestorMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_InvestorMember_lbl" xml:lang="en-US"> Investor [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="phil-20220630.xsd#PHIL_InvestmentAgreementandRegistrationRightsAgreementMember" xlink:label="PHIL_InvestmentAgreementandRegistrationRightsAgreementMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PHIL_InvestmentAgreementandRegistrationRightsAgreementMember" xlink:to="PHIL_InvestmentAgreementandRegistrationRightsAgreementMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="PHIL_InvestmentAgreementandRegistrationRightsAgreementMember_lbl" xml:lang="en-US"> Investment Agreement and Registration Rights Agreement [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="phil-20220630.xsd#PHIL_FiveGrainTreasureSpiritsCoLtdMember" xlink:label="PHIL_FiveGrainTreasureSpiritsCoLtdMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PHIL_FiveGrainTreasureSpiritsCoLtdMember" xlink:to="PHIL_FiveGrainTreasureSpiritsCoLtdMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="PHIL_FiveGrainTreasureSpiritsCoLtdMember_lbl" xml:lang="en-US"> Five-Grain Treasure Spirits Co., Ltd [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="phil-20220630.xsd#PHIL_AgreementOfPurchaseAndSaleMember" xlink:label="PHIL_AgreementOfPurchaseAndSaleMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PHIL_AgreementOfPurchaseAndSaleMember" xlink:to="PHIL_AgreementOfPurchaseAndSaleMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="PHIL_AgreementOfPurchaseAndSaleMember_lbl" xml:lang="en-US"> Agreement of Purchase and Sale [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_PlanNameAxis" xlink:label="us-gaap_PlanNameAxis"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PlanNameAxis" xlink:to="us-gaap_PlanNameAxis_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PlanNameAxis_lbl" xml:lang="en-US"> Plan Name [Axis] </link:label>

<link:loc xlink:type="locator" xlink:href="phil-20220630.xsd#PHIL_TwoThousandTwentyOneEmployeeBenefitPlanMember" xlink:label="PHIL_TwoThousandTwentyOneEmployeeBenefitPlanMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PHIL_TwoThousandTwentyOneEmployeeBenefitPlanMember" xlink:to="PHIL_TwoThousandTwentyOneEmployeeBenefitPlanMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="PHIL_TwoThousandTwentyOneEmployeeBenefitPlanMember_lbl" xml:lang="en-US"> Two Thousand Twenty One Employee Benefit Plan [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="phil-20220630.xsd#PHIL_ContractAgreementMember" xlink:label="PHIL_ContractAgreementMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PHIL_ContractAgreementMember" xlink:to="PHIL_ContractAgreementMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="PHIL_ContractAgreementMember_lbl" xml:lang="en-US"> Contract Agreement [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="phil-20220630.xsd#PHIL_HajFinanceGroupMember" xlink:label="PHIL_HajFinanceGroupMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PHIL_HajFinanceGroupMember" xlink:to="PHIL_HajFinanceGroupMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="PHIL_HajFinanceGroupMember_lbl" xml:lang="en-US"> Haj Finance Group [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="phil-20220630.xsd#PHIL_LoanAgreementMember" xlink:label="PHIL_LoanAgreementMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PHIL_LoanAgreementMember" xlink:to="PHIL_LoanAgreementMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="PHIL_LoanAgreementMember_lbl" xml:lang="en-US"> Loan Agreement [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="phil-20220630.xsd#PHIL_NeokFinancialIncorporatedMember" xlink:label="PHIL_NeokFinancialIncorporatedMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PHIL_NeokFinancialIncorporatedMember" xlink:to="PHIL_NeokFinancialIncorporatedMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="PHIL_NeokFinancialIncorporatedMember_lbl" xml:lang="en-US"> Neok Financial Incorporated [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="phil-20220630.xsd#PHIL_GezaHoldingAGMember" xlink:label="PHIL_GezaHoldingAGMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PHIL_GezaHoldingAGMember" xlink:to="PHIL_GezaHoldingAGMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="PHIL_GezaHoldingAGMember_lbl" xml:lang="en-US"> Geza Holding AG [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="phil-20220630.xsd#PHIL_KotaConstructionLLCMember" xlink:label="PHIL_KotaConstructionLLCMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PHIL_KotaConstructionLLCMember" xlink:to="PHIL_KotaConstructionLLCMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="PHIL_KotaConstructionLLCMember_lbl" xml:lang="en-US"> Kota Construction LLC [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="phil-20220630.xsd#PHIL_AlAqelAndPartnersInvestmentLlcMember" xlink:label="PHIL_AlAqelAndPartnersInvestmentLlcMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PHIL_AlAqelAndPartnersInvestmentLlcMember" xlink:to="PHIL_AlAqelAndPartnersInvestmentLlcMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="PHIL_AlAqelAndPartnersInvestmentLlcMember_lbl" xml:lang="en-US"> Al Aqel and Partners Investment LLC [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="phil-20220630.xsd#PHIL_ArabLeagueInvestmentGroupMember" xlink:label="PHIL_ArabLeagueInvestmentGroupMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PHIL_ArabLeagueInvestmentGroupMember" xlink:to="PHIL_ArabLeagueInvestmentGroupMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="PHIL_ArabLeagueInvestmentGroupMember_lbl" xml:lang="en-US"> Arab League Investment Group [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="phil-20220630.xsd#PHIL_PurchaseAndSalesAgreementMember" xlink:label="PHIL_PurchaseAndSalesAgreementMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PHIL_PurchaseAndSalesAgreementMember" xlink:to="PHIL_PurchaseAndSalesAgreementMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="PHIL_PurchaseAndSalesAgreementMember_lbl" xml:lang="en-US"> Purchase and Sales Agreement [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="phil-20220630.xsd#PHIL_KotaEnergyGroupLLCMember" xlink:label="PHIL_KotaEnergyGroupLLCMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PHIL_KotaEnergyGroupLLCMember" xlink:to="PHIL_KotaEnergyGroupLLCMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="PHIL_KotaEnergyGroupLLCMember_lbl" xml:lang="en-US"> Kota Energy Group L L C [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="phil-20220630.xsd#PHIL_AmericanPacificResourcesIncMember" xlink:label="PHIL_AmericanPacificResourcesIncMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PHIL_AmericanPacificResourcesIncMember" xlink:to="PHIL_AmericanPacificResourcesIncMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="PHIL_AmericanPacificResourcesIncMember_lbl" xml:lang="en-US"> American Pacific Resources, Inc [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/srt/2022/elts/srt-2022.xsd#srt_ConsolidatedEntitiesAxis" xlink:label="srt_ConsolidatedEntitiesAxis"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="srt_ConsolidatedEntitiesAxis" xlink:to="srt_ConsolidatedEntitiesAxis_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="srt_ConsolidatedEntitiesAxis_lbl" xml:lang="en-US"> Consolidated Entities [Axis] </link:label>

<link:loc xlink:type="locator" xlink:href="phil-20220630.xsd#PHIL_SiennalynGoldMiningCorporationMember" xlink:label="PHIL_SiennalynGoldMiningCorporationMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PHIL_SiennalynGoldMiningCorporationMember" xlink:to="PHIL_SiennalynGoldMiningCorporationMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="PHIL_SiennalynGoldMiningCorporationMember_lbl" xml:lang="en-US"> Siennalyn Gold Mining Corporation [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_SubsequentEventTypeAxis" xlink:label="us-gaap_SubsequentEventTypeAxis"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SubsequentEventTypeAxis" xlink:to="us-gaap_SubsequentEventTypeAxis_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_SubsequentEventTypeAxis_lbl" xml:lang="en-US"> Subsequent Event Type [Axis] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_SubsequentEventMember" xlink:label="us-gaap_SubsequentEventMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SubsequentEventMember" xlink:to="us-gaap_SubsequentEventMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_SubsequentEventMember_lbl" xml:lang="en-US"> Subsequent Event [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="phil-20220630.xsd#PHIL_GulfCooperationCouncilMember" xlink:label="PHIL_GulfCooperationCouncilMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PHIL_GulfCooperationCouncilMember" xlink:to="PHIL_GulfCooperationCouncilMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="PHIL_GulfCooperationCouncilMember_lbl" xml:lang="en-US"> Gulf Cooperation Council [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="phil-20220630.xsd#PHIL_PartnershipAgreementMember" xlink:label="PHIL_PartnershipAgreementMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PHIL_PartnershipAgreementMember" xlink:to="PHIL_PartnershipAgreementMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="PHIL_PartnershipAgreementMember_lbl" xml:lang="en-US"> Partnership Agreement [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="phil-20220630.xsd#PHIL_MrTranDinhQuyenMember" xlink:label="PHIL_MrTranDinhQuyenMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PHIL_MrTranDinhQuyenMember" xlink:to="PHIL_MrTranDinhQuyenMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="PHIL_MrTranDinhQuyenMember_lbl" xml:lang="en-US"> Mr Tran Dinh Quyen [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="phil-20220630.xsd#PHIL_StockTransferAgreementMember" xlink:label="PHIL_StockTransferAgreementMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PHIL_StockTransferAgreementMember" xlink:to="PHIL_StockTransferAgreementMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="PHIL_StockTransferAgreementMember_lbl" xml:lang="en-US"> Stock Transfer Agreement [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="phil-20220630.xsd#PHIL_VanPhatDatJointStockMember" xlink:label="PHIL_VanPhatDatJointStockMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PHIL_VanPhatDatJointStockMember" xlink:to="PHIL_VanPhatDatJointStockMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="PHIL_VanPhatDatJointStockMember_lbl" xml:lang="en-US"> Van Phat Dat Joint Stock [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="phil-20220630.xsd#PHIL_PurchaseAndSaleMember" xlink:label="PHIL_PurchaseAndSaleMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PHIL_PurchaseAndSaleMember" xlink:to="PHIL_PurchaseAndSaleMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="PHIL_PurchaseAndSaleMember_lbl" xml:lang="en-US"> Purchase And Sale [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="phil-20220630.xsd#PHIL_FinancialInvestmentManagementAgreementMember" xlink:label="PHIL_FinancialInvestmentManagementAgreementMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PHIL_FinancialInvestmentManagementAgreementMember" xlink:to="PHIL_FinancialInvestmentManagementAgreementMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="PHIL_FinancialInvestmentManagementAgreementMember_lbl" xml:lang="en-US"> Financial Investment Management Agreement [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_CoverAbstract" xlink:label="dei_CoverAbstract"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_CoverAbstract" xlink:to="dei_CoverAbstract_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_CoverAbstract_lbl" xml:lang="en-US"> Cover [Abstract] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_DocumentType" xlink:label="dei_DocumentType"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentType" xlink:to="dei_DocumentType_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentType_lbl" xml:lang="en-US"> Document Type </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_AmendmentFlag" xlink:label="dei_AmendmentFlag"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_AmendmentFlag" xlink:to="dei_AmendmentFlag_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_AmendmentFlag_lbl" xml:lang="en-US"> Amendment Flag </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_AmendmentDescription" xlink:label="dei_AmendmentDescription"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_AmendmentDescription" xlink:to="dei_AmendmentDescription_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_AmendmentDescription_lbl" xml:lang="en-US"> Amendment Description </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_DocumentRegistrationStatement" xlink:label="dei_DocumentRegistrationStatement"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentRegistrationStatement" xlink:to="dei_DocumentRegistrationStatement_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentRegistrationStatement_lbl" xml:lang="en-US"> Document Registration Statement </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_DocumentAnnualReport" xlink:label="dei_DocumentAnnualReport"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentAnnualReport" xlink:to="dei_DocumentAnnualReport_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentAnnualReport_lbl" xml:lang="en-US"> Document Annual Report </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_DocumentQuarterlyReport" xlink:label="dei_DocumentQuarterlyReport"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentQuarterlyReport" xlink:to="dei_DocumentQuarterlyReport_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentQuarterlyReport_lbl" xml:lang="en-US"> Document Quarterly Report </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_DocumentTransitionReport" xlink:label="dei_DocumentTransitionReport"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentTransitionReport" xlink:to="dei_DocumentTransitionReport_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentTransitionReport_lbl" xml:lang="en-US"> Document Transition Report </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_DocumentShellCompanyReport" xlink:label="dei_DocumentShellCompanyReport"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentShellCompanyReport" xlink:to="dei_DocumentShellCompanyReport_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentShellCompanyReport_lbl" xml:lang="en-US"> Document Shell Company Report </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_DocumentShellCompanyEventDate" xlink:label="dei_DocumentShellCompanyEventDate"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentShellCompanyEventDate" xlink:to="dei_DocumentShellCompanyEventDate_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentShellCompanyEventDate_lbl" xml:lang="en-US"> Document Shell Company Event Date </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_DocumentPeriodStartDate" xlink:label="dei_DocumentPeriodStartDate"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentPeriodStartDate" xlink:to="dei_DocumentPeriodStartDate_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentPeriodStartDate_lbl" xml:lang="en-US"> Document Period Start Date </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_DocumentPeriodEndDate" xlink:label="dei_DocumentPeriodEndDate"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentPeriodEndDate" xlink:to="dei_DocumentPeriodEndDate_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentPeriodEndDate_lbl" xml:lang="en-US"> Document Period End Date </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_DocumentFiscalPeriodFocus" xlink:label="dei_DocumentFiscalPeriodFocus"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentFiscalPeriodFocus" xlink:to="dei_DocumentFiscalPeriodFocus_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentFiscalPeriodFocus_lbl" xml:lang="en-US"> Document Fiscal Period Focus </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_DocumentFiscalYearFocus" xlink:label="dei_DocumentFiscalYearFocus"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentFiscalYearFocus" xlink:to="dei_DocumentFiscalYearFocus_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentFiscalYearFocus_lbl" xml:lang="en-US"> Document Fiscal Year Focus </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_CurrentFiscalYearEndDate" xlink:label="dei_CurrentFiscalYearEndDate"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_CurrentFiscalYearEndDate" xlink:to="dei_CurrentFiscalYearEndDate_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_CurrentFiscalYearEndDate_lbl" xml:lang="en-US"> Current Fiscal Year End Date </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityFileNumber" xlink:label="dei_EntityFileNumber"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityFileNumber" xlink:to="dei_EntityFileNumber_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityFileNumber_lbl" xml:lang="en-US"> Entity File Number </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityRegistrantName" xlink:label="dei_EntityRegistrantName"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityRegistrantName" xlink:to="dei_EntityRegistrantName_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityRegistrantName_lbl" xml:lang="en-US"> Entity Registrant Name </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityCentralIndexKey" xlink:label="dei_EntityCentralIndexKey"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityCentralIndexKey" xlink:to="dei_EntityCentralIndexKey_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityCentralIndexKey_lbl" xml:lang="en-US"> Entity Central Index Key </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityPrimarySicNumber" xlink:label="dei_EntityPrimarySicNumber"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityPrimarySicNumber" xlink:to="dei_EntityPrimarySicNumber_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityPrimarySicNumber_lbl" xml:lang="en-US"> Entity Primary SIC Number </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityTaxIdentificationNumber" xlink:label="dei_EntityTaxIdentificationNumber"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityTaxIdentificationNumber" xlink:to="dei_EntityTaxIdentificationNumber_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityTaxIdentificationNumber_lbl" xml:lang="en-US"> Entity Tax Identification Number </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityIncorporationStateCountryCode" xlink:label="dei_EntityIncorporationStateCountryCode"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityIncorporationStateCountryCode" xlink:to="dei_EntityIncorporationStateCountryCode_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityIncorporationStateCountryCode_lbl" xml:lang="en-US"> Entity Incorporation, State or Country Code </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityAddressAddressLine1" xlink:label="dei_EntityAddressAddressLine1"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressAddressLine1" xlink:to="dei_EntityAddressAddressLine1_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityAddressAddressLine1_lbl" xml:lang="en-US"> Entity Address, Address Line One </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityAddressAddressLine2" xlink:label="dei_EntityAddressAddressLine2"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressAddressLine2" xlink:to="dei_EntityAddressAddressLine2_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityAddressAddressLine2_lbl" xml:lang="en-US"> Entity Address, Address Line Two </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityAddressAddressLine3" xlink:label="dei_EntityAddressAddressLine3"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressAddressLine3" xlink:to="dei_EntityAddressAddressLine3_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityAddressAddressLine3_lbl" xml:lang="en-US"> Entity Address, Address Line Three </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityAddressCityOrTown" xlink:label="dei_EntityAddressCityOrTown"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressCityOrTown" xlink:to="dei_EntityAddressCityOrTown_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityAddressCityOrTown_lbl" xml:lang="en-US"> Entity Address, City or Town </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityAddressStateOrProvince" xlink:label="dei_EntityAddressStateOrProvince"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressStateOrProvince" xlink:to="dei_EntityAddressStateOrProvince_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityAddressStateOrProvince_lbl" xml:lang="en-US"> Entity Address, State or Province </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityAddressCountry" xlink:label="dei_EntityAddressCountry"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressCountry" xlink:to="dei_EntityAddressCountry_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityAddressCountry_lbl" xml:lang="en-US"> Entity Address, Country </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityAddressPostalZipCode" xlink:label="dei_EntityAddressPostalZipCode"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressPostalZipCode" xlink:to="dei_EntityAddressPostalZipCode_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityAddressPostalZipCode_lbl" xml:lang="en-US"> Entity Address, Postal Zip Code </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_CountryRegion" xlink:label="dei_CountryRegion"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_CountryRegion" xlink:to="dei_CountryRegion_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_CountryRegion_lbl" xml:lang="en-US"> Country Region </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_CityAreaCode" xlink:label="dei_CityAreaCode"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_CityAreaCode" xlink:to="dei_CityAreaCode_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_CityAreaCode_lbl" xml:lang="en-US"> City Area Code </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_LocalPhoneNumber" xlink:label="dei_LocalPhoneNumber"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_LocalPhoneNumber" xlink:to="dei_LocalPhoneNumber_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_LocalPhoneNumber_lbl" xml:lang="en-US"> Local Phone Number </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_Extension" xlink:label="dei_Extension"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_Extension" xlink:to="dei_Extension_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_Extension_lbl" xml:lang="en-US"> Extension </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_WrittenCommunications" xlink:label="dei_WrittenCommunications"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_WrittenCommunications" xlink:to="dei_WrittenCommunications_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_WrittenCommunications_lbl" xml:lang="en-US"> Written Communications </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_SolicitingMaterial" xlink:label="dei_SolicitingMaterial"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_SolicitingMaterial" xlink:to="dei_SolicitingMaterial_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_SolicitingMaterial_lbl" xml:lang="en-US"> Soliciting Material </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_PreCommencementTenderOffer" xlink:label="dei_PreCommencementTenderOffer"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_PreCommencementTenderOffer" xlink:to="dei_PreCommencementTenderOffer_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_PreCommencementTenderOffer_lbl" xml:lang="en-US"> Pre-commencement Tender Offer </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_PreCommencementIssuerTenderOffer" xlink:label="dei_PreCommencementIssuerTenderOffer"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_PreCommencementIssuerTenderOffer" xlink:to="dei_PreCommencementIssuerTenderOffer_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_PreCommencementIssuerTenderOffer_lbl" xml:lang="en-US"> Pre-commencement Issuer Tender Offer </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_Security12bTitle" xlink:label="dei_Security12bTitle"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_Security12bTitle" xlink:to="dei_Security12bTitle_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_Security12bTitle_lbl" xml:lang="en-US"> Title of 12(b) Security </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_NoTradingSymbolFlag" xlink:label="dei_NoTradingSymbolFlag"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_NoTradingSymbolFlag" xlink:to="dei_NoTradingSymbolFlag_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_NoTradingSymbolFlag_lbl" xml:lang="en-US"> No Trading Symbol Flag </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_TradingSymbol" xlink:label="dei_TradingSymbol"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_TradingSymbol" xlink:to="dei_TradingSymbol_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_TradingSymbol_lbl" xml:lang="en-US"> Trading Symbol </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_SecurityExchangeName" xlink:label="dei_SecurityExchangeName"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_SecurityExchangeName" xlink:to="dei_SecurityExchangeName_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_SecurityExchangeName_lbl" xml:lang="en-US"> Security Exchange Name </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_Security12gTitle" xlink:label="dei_Security12gTitle"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_Security12gTitle" xlink:to="dei_Security12gTitle_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_Security12gTitle_lbl" xml:lang="en-US"> Title of 12(g) Security </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_SecurityReportingObligation" xlink:label="dei_SecurityReportingObligation"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_SecurityReportingObligation" xlink:to="dei_SecurityReportingObligation_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_SecurityReportingObligation_lbl" xml:lang="en-US"> Security Reporting Obligation </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_AnnualInformationForm" xlink:label="dei_AnnualInformationForm"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_AnnualInformationForm" xlink:to="dei_AnnualInformationForm_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_AnnualInformationForm_lbl" xml:lang="en-US"> Annual Information Form </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_AuditedAnnualFinancialStatements" xlink:label="dei_AuditedAnnualFinancialStatements"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_AuditedAnnualFinancialStatements" xlink:to="dei_AuditedAnnualFinancialStatements_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_AuditedAnnualFinancialStatements_lbl" xml:lang="en-US"> Audited Annual Financial Statements </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityWellKnownSeasonedIssuer" xlink:label="dei_EntityWellKnownSeasonedIssuer"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityWellKnownSeasonedIssuer" xlink:to="dei_EntityWellKnownSeasonedIssuer_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityWellKnownSeasonedIssuer_lbl" xml:lang="en-US"> Entity Well-known Seasoned Issuer </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityVoluntaryFilers" xlink:label="dei_EntityVoluntaryFilers"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityVoluntaryFilers" xlink:to="dei_EntityVoluntaryFilers_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityVoluntaryFilers_lbl" xml:lang="en-US"> Entity Voluntary Filers </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityCurrentReportingStatus" xlink:label="dei_EntityCurrentReportingStatus"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityCurrentReportingStatus" xlink:to="dei_EntityCurrentReportingStatus_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityCurrentReportingStatus_lbl" xml:lang="en-US"> Entity Current Reporting Status </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityInteractiveDataCurrent" xlink:label="dei_EntityInteractiveDataCurrent"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityInteractiveDataCurrent" xlink:to="dei_EntityInteractiveDataCurrent_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityInteractiveDataCurrent_lbl" xml:lang="en-US"> Entity Interactive Data Current </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityFilerCategory" xlink:label="dei_EntityFilerCategory"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityFilerCategory" xlink:to="dei_EntityFilerCategory_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityFilerCategory_lbl" xml:lang="en-US"> Entity Filer Category </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntitySmallBusiness" xlink:label="dei_EntitySmallBusiness"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntitySmallBusiness" xlink:to="dei_EntitySmallBusiness_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntitySmallBusiness_lbl" xml:lang="en-US"> Entity Small Business </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityEmergingGrowthCompany" xlink:label="dei_EntityEmergingGrowthCompany"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityEmergingGrowthCompany" xlink:to="dei_EntityEmergingGrowthCompany_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityEmergingGrowthCompany_lbl" xml:lang="en-US"> Entity Emerging Growth Company </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityExTransitionPeriod" xlink:label="dei_EntityExTransitionPeriod"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityExTransitionPeriod" xlink:to="dei_EntityExTransitionPeriod_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityExTransitionPeriod_lbl" xml:lang="en-US"> Elected Not To Use the Extended Transition Period </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_DocumentAccountingStandard" xlink:label="dei_DocumentAccountingStandard"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentAccountingStandard" xlink:to="dei_DocumentAccountingStandard_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentAccountingStandard_lbl" xml:lang="en-US"> Document Accounting Standard </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_OtherReportingStandardItemNumber" xlink:label="dei_OtherReportingStandardItemNumber"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_OtherReportingStandardItemNumber" xlink:to="dei_OtherReportingStandardItemNumber_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_OtherReportingStandardItemNumber_lbl" xml:lang="en-US"> Other Reporting Standard Item Number </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityShellCompany" xlink:label="dei_EntityShellCompany"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityShellCompany" xlink:to="dei_EntityShellCompany_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityShellCompany_lbl" xml:lang="en-US"> Entity Shell Company </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityPublicFloat" xlink:label="dei_EntityPublicFloat"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityPublicFloat" xlink:to="dei_EntityPublicFloat_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityPublicFloat_lbl" xml:lang="en-US"> Entity Public Float </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityBankruptcyProceedingsReportingCurrent" xlink:label="dei_EntityBankruptcyProceedingsReportingCurrent"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityBankruptcyProceedingsReportingCurrent" xlink:to="dei_EntityBankruptcyProceedingsReportingCurrent_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityBankruptcyProceedingsReportingCurrent_lbl" xml:lang="en-US"> Entity Bankruptcy Proceedings, Reporting Current </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityCommonStockSharesOutstanding" xlink:label="dei_EntityCommonStockSharesOutstanding"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityCommonStockSharesOutstanding" xlink:to="dei_EntityCommonStockSharesOutstanding_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityCommonStockSharesOutstanding_lbl" xml:lang="en-US"> Entity Common Stock, Shares Outstanding </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_DocumentsIncorporatedByReferenceTextBlock" xlink:label="dei_DocumentsIncorporatedByReferenceTextBlock"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentsIncorporatedByReferenceTextBlock" xlink:to="dei_DocumentsIncorporatedByReferenceTextBlock_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentsIncorporatedByReferenceTextBlock_lbl" xml:lang="en-US"> Documents Incorporated by Reference [Text Block] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_AuditorFirmId" xlink:label="dei_AuditorFirmId"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_AuditorFirmId" xlink:to="dei_AuditorFirmId_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_AuditorFirmId_lbl" xml:lang="en-US"> Auditor Firm ID </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_AuditorLocation" xlink:label="dei_AuditorLocation"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_AuditorLocation" xlink:to="dei_AuditorLocation_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_AuditorLocation_lbl" xml:lang="en-US"> Auditor Location </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_AuditorName" xlink:label="dei_AuditorName"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_AuditorName" xlink:to="dei_AuditorName_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_AuditorName_lbl" xml:lang="en-US"> Auditor Name </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_StatementTable" xlink:label="us-gaap_StatementTable"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StatementTable" xlink:to="us-gaap_StatementTable_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_StatementTable_lbl" xml:lang="en-US"> Statement [Table] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_StatementLineItems" xlink:label="us-gaap_StatementLineItems"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StatementLineItems" xlink:to="us-gaap_StatementLineItems_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_StatementLineItems_lbl" xml:lang="en-US"> Statement [Line Items] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_AssetsAbstract" xlink:label="us-gaap_AssetsAbstract"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AssetsAbstract" xlink:to="us-gaap_AssetsAbstract_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AssetsAbstract_lbl" xml:lang="en-US"> ASSETS </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_AssetsCurrentAbstract" xlink:label="us-gaap_AssetsCurrentAbstract"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AssetsCurrentAbstract" xlink:to="us-gaap_AssetsCurrentAbstract_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AssetsCurrentAbstract_lbl" xml:lang="en-US"> Current Assets </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_CashAndCashEquivalentsAtCarryingValue" xlink:label="us-gaap_CashAndCashEquivalentsAtCarryingValue"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CashAndCashEquivalentsAtCarryingValue" xlink:to="us-gaap_CashAndCashEquivalentsAtCarryingValue_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CashAndCashEquivalentsAtCarryingValue_lbl" xml:lang="en-US"> Cash and cash equivalents </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_MarketableSecuritiesCurrent" xlink:label="us-gaap_MarketableSecuritiesCurrent"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_MarketableSecuritiesCurrent" xlink:to="us-gaap_MarketableSecuritiesCurrent_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_MarketableSecuritiesCurrent_lbl" xml:lang="en-US"> Marketable securities </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_OtherAssetsCurrent" xlink:label="us-gaap_OtherAssetsCurrent"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OtherAssetsCurrent" xlink:to="us-gaap_OtherAssetsCurrent_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OtherAssetsCurrent_lbl" xml:lang="en-US"> Other current assets </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_AssetsCurrent" xlink:label="us-gaap_AssetsCurrent"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AssetsCurrent" xlink:to="us-gaap_AssetsCurrent_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_AssetsCurrent_lbl" xml:lang="en-US"> Total current assets </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_OtherAssetsAbstract" xlink:label="us-gaap_OtherAssetsAbstract"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OtherAssetsAbstract" xlink:to="us-gaap_OtherAssetsAbstract_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OtherAssetsAbstract_lbl" xml:lang="en-US"> Other assets: </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_LongTermInvestments" xlink:label="us-gaap_LongTermInvestments"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LongTermInvestments" xlink:to="us-gaap_LongTermInvestments_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_LongTermInvestments_lbl" xml:lang="en-US"> Investments </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_Assets" xlink:label="us-gaap_Assets"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_Assets" xlink:to="us-gaap_Assets_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_Assets_lbl" xml:lang="en-US"> Total Assets </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_LiabilitiesAndStockholdersEquityAbstract" xlink:label="us-gaap_LiabilitiesAndStockholdersEquityAbstract"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LiabilitiesAndStockholdersEquityAbstract" xlink:to="us-gaap_LiabilitiesAndStockholdersEquityAbstract_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_LiabilitiesAndStockholdersEquityAbstract_lbl" xml:lang="en-US"> TOTAL LIABILITIES AND STOCKHOLDERS’ DEFICIT </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_LiabilitiesCurrentAbstract" xlink:label="us-gaap_LiabilitiesCurrentAbstract"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LiabilitiesCurrentAbstract" xlink:to="us-gaap_LiabilitiesCurrentAbstract_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_LiabilitiesCurrentAbstract_lbl" xml:lang="en-US"> Current Liabilities </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_AccountsPayableCurrent" xlink:label="us-gaap_AccountsPayableCurrent"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AccountsPayableCurrent" xlink:to="us-gaap_AccountsPayableCurrent_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AccountsPayableCurrent_lbl" xml:lang="en-US"> Accounts payable </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_SettlementLiabilitiesCurrent" xlink:label="us-gaap_SettlementLiabilitiesCurrent"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SettlementLiabilitiesCurrent" xlink:to="us-gaap_SettlementLiabilitiesCurrent_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_SettlementLiabilitiesCurrent_lbl" xml:lang="en-US"> Sub-fund obligations </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_AccruedLiabilitiesCurrent" xlink:label="us-gaap_AccruedLiabilitiesCurrent"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AccruedLiabilitiesCurrent" xlink:to="us-gaap_AccruedLiabilitiesCurrent_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AccruedLiabilitiesCurrent_lbl" xml:lang="en-US"> Accrued expenses </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_ShortTermBorrowings" xlink:label="us-gaap_ShortTermBorrowings"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShortTermBorrowings" xlink:to="us-gaap_ShortTermBorrowings_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ShortTermBorrowings_lbl" xml:lang="en-US"> Short-term loans and notes payable </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_ConvertibleNotesPayableCurrent" xlink:label="us-gaap_ConvertibleNotesPayableCurrent"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ConvertibleNotesPayableCurrent" xlink:to="us-gaap_ConvertibleNotesPayableCurrent_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ConvertibleNotesPayableCurrent_lbl" xml:lang="en-US"> Convertible Promissory Notes </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_DueToOfficersOrStockholdersCurrent" xlink:label="us-gaap_DueToOfficersOrStockholdersCurrent"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DueToOfficersOrStockholdersCurrent" xlink:to="us-gaap_DueToOfficersOrStockholdersCurrent_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DueToOfficersOrStockholdersCurrent_lbl" xml:lang="en-US"> Due to officers </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_ContractWithCustomerLiabilityCurrent" xlink:label="us-gaap_ContractWithCustomerLiabilityCurrent"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ContractWithCustomerLiabilityCurrent" xlink:to="us-gaap_ContractWithCustomerLiabilityCurrent_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ContractWithCustomerLiabilityCurrent_lbl" xml:lang="en-US"> Advances from customers </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_DerivativeLiabilitiesCurrent" xlink:label="us-gaap_DerivativeLiabilitiesCurrent"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DerivativeLiabilitiesCurrent" xlink:to="us-gaap_DerivativeLiabilitiesCurrent_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DerivativeLiabilitiesCurrent_lbl" xml:lang="en-US"> Derivative liabilities and Note Discount </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_Liabilities" xlink:label="us-gaap_Liabilities"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_Liabilities" xlink:to="us-gaap_Liabilities_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_Liabilities_lbl" xml:lang="en-US"> Total Liabilities </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_StockholdersEquityAbstract" xlink:label="us-gaap_StockholdersEquityAbstract"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StockholdersEquityAbstract" xlink:to="us-gaap_StockholdersEquityAbstract_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_StockholdersEquityAbstract_lbl" xml:lang="en-US"> Stockholders’ deficit: </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_PreferredStockValue" xlink:label="us-gaap_PreferredStockValue"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PreferredStockValue" xlink:to="us-gaap_PreferredStockValue_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PreferredStockValue_lbl" xml:lang="en-US"> Total Preferred Stock </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_AdditionalPaidInCapitalPreferredStock" xlink:label="us-gaap_AdditionalPaidInCapitalPreferredStock"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AdditionalPaidInCapitalPreferredStock" xlink:to="us-gaap_AdditionalPaidInCapitalPreferredStock_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AdditionalPaidInCapitalPreferredStock_lbl" xml:lang="en-US"> APIC - Class B Series I </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_CommonStockValue" xlink:label="us-gaap_CommonStockValue"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CommonStockValue" xlink:to="us-gaap_CommonStockValue_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CommonStockValue_lbl" xml:lang="en-US"> Common stock, $0.001 par value; 60 billion shares authorized; 31,429,380,453 shares issued and outstanding on 06/30/2022; 40 billion shares authorized and 26,081,268,895 shares issued and outstanding on 6/30/2021, respectively, adjusted for 1 for 1,500 reverse split effective March 15, 2012. Par value: </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_AdditionalPaidInCapitalCommonStock" xlink:label="us-gaap_AdditionalPaidInCapitalCommonStock"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AdditionalPaidInCapitalCommonStock" xlink:to="us-gaap_AdditionalPaidInCapitalCommonStock_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AdditionalPaidInCapitalCommonStock_lbl" xml:lang="en-US"> APIC - Common Stock </link:label>

<link:loc xlink:type="locator" xlink:href="phil-20220630.xsd#PHIL_CommonStockToBeIssued" xlink:label="PHIL_CommonStockToBeIssued"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PHIL_CommonStockToBeIssued" xlink:to="PHIL_CommonStockToBeIssued_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="PHIL_CommonStockToBeIssued_lbl" xml:lang="en-US"> Common Stock to be issued </link:label>

<link:loc xlink:type="locator" xlink:href="phil-20220630.xsd#PHIL_CommonStockToBeCancelled" xlink:label="PHIL_CommonStockToBeCancelled"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PHIL_CommonStockToBeCancelled" xlink:to="PHIL_CommonStockToBeCancelled_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="PHIL_CommonStockToBeCancelled_lbl" xml:lang="en-US"> Common Stock to be cancelled </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_TreasuryStockValue" xlink:label="us-gaap_TreasuryStockValue"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_TreasuryStockValue" xlink:to="us-gaap_TreasuryStockValue_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_TreasuryStockValue_lbl" xml:lang="en-US"> Treasury stock: 484,767 shares as of 6/30/22 and 6/30/21, respectively - cost method. </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_RetainedEarningsAccumulatedDeficit" xlink:label="us-gaap_RetainedEarningsAccumulatedDeficit"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RetainedEarningsAccumulatedDeficit" xlink:to="us-gaap_RetainedEarningsAccumulatedDeficit_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_RetainedEarningsAccumulatedDeficit_lbl" xml:lang="en-US"> Accumulated deficit </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax" xlink:label="us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax" xlink:to="us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_lbl" xml:lang="en-US"> Total Acc. Other Comprehensive Income (Loss) </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_StockholdersEquity" xlink:label="us-gaap_StockholdersEquity"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StockholdersEquity" xlink:to="us-gaap_StockholdersEquity_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_StockholdersEquity_lbl" xml:lang="en-US"> Total stockholders’ deficit </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_LiabilitiesAndStockholdersEquity" xlink:label="us-gaap_LiabilitiesAndStockholdersEquity"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LiabilitiesAndStockholdersEquity" xlink:to="us-gaap_LiabilitiesAndStockholdersEquity_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_LiabilitiesAndStockholdersEquity_lbl" xml:lang="en-US"> Total liabilities and stockholders’ deficit </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_PreferredStockParOrStatedValuePerShare" xlink:label="us-gaap_PreferredStockParOrStatedValuePerShare"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PreferredStockParOrStatedValuePerShare" xlink:to="us-gaap_PreferredStockParOrStatedValuePerShare_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PreferredStockParOrStatedValuePerShare_lbl" xml:lang="en-US"> Preferred Stock, Par or Stated Value Per Share </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_PreferredStockSharesAuthorized" xlink:label="us-gaap_PreferredStockSharesAuthorized"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PreferredStockSharesAuthorized" xlink:to="us-gaap_PreferredStockSharesAuthorized_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PreferredStockSharesAuthorized_lbl" xml:lang="en-US"> Preferred Stock, Shares Authorized </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_PreferredStockSharesOutstanding" xlink:label="us-gaap_PreferredStockSharesOutstanding"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PreferredStockSharesOutstanding" xlink:to="us-gaap_PreferredStockSharesOutstanding_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PreferredStockSharesOutstanding_lbl" xml:lang="en-US"> Preferred Stock, Shares Outstanding </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_CommonStockParOrStatedValuePerShare" xlink:label="us-gaap_CommonStockParOrStatedValuePerShare"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CommonStockParOrStatedValuePerShare" xlink:to="us-gaap_CommonStockParOrStatedValuePerShare_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CommonStockParOrStatedValuePerShare_lbl" xml:lang="en-US"> Common Stock, Par or Stated Value Per Share </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_CommonStockSharesAuthorized" xlink:label="us-gaap_CommonStockSharesAuthorized"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CommonStockSharesAuthorized" xlink:to="us-gaap_CommonStockSharesAuthorized_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CommonStockSharesAuthorized_lbl" xml:lang="en-US"> Common Stock, Shares Authorized </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_CommonStockSharesOutstanding" xlink:label="us-gaap_CommonStockSharesOutstanding"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CommonStockSharesOutstanding" xlink:to="us-gaap_CommonStockSharesOutstanding_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CommonStockSharesOutstanding_lbl" xml:lang="en-US"> Common Stock, Shares, Outstanding </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_StockholdersEquityReverseStockSplit" xlink:label="us-gaap_StockholdersEquityReverseStockSplit"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StockholdersEquityReverseStockSplit" xlink:to="us-gaap_StockholdersEquityReverseStockSplit_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_StockholdersEquityReverseStockSplit_lbl" xml:lang="en-US"> Stockholders' Equity, Reverse Stock Split </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_TreasuryStockShares" xlink:label="us-gaap_TreasuryStockShares"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_TreasuryStockShares" xlink:to="us-gaap_TreasuryStockShares_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_TreasuryStockShares_lbl" xml:lang="en-US"> Treasury Stock, Shares </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_RevenuesAbstract" xlink:label="us-gaap_RevenuesAbstract"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RevenuesAbstract" xlink:to="us-gaap_RevenuesAbstract_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_RevenuesAbstract_lbl" xml:lang="en-US"> Net revenues </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_RevenueFromContractWithCustomerExcludingAssessedTax" xlink:label="us-gaap_RevenueFromContractWithCustomerExcludingAssessedTax"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RevenueFromContractWithCustomerExcludingAssessedTax" xlink:to="us-gaap_RevenueFromContractWithCustomerExcludingAssessedTax_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_RevenueFromContractWithCustomerExcludingAssessedTax_lbl" xml:lang="en-US"> Total revenues </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_OperatingExpensesAbstract" xlink:label="us-gaap_OperatingExpensesAbstract"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OperatingExpensesAbstract" xlink:to="us-gaap_OperatingExpensesAbstract_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OperatingExpensesAbstract_lbl" xml:lang="en-US"> Operating expenses: </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_SalariesAndWages" xlink:label="us-gaap_SalariesAndWages"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SalariesAndWages" xlink:to="us-gaap_SalariesAndWages_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_SalariesAndWages_lbl" xml:lang="en-US"> Salaries and wages </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_ProfessionalAndContractServicesExpense" xlink:label="us-gaap_ProfessionalAndContractServicesExpense"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ProfessionalAndContractServicesExpense" xlink:to="us-gaap_ProfessionalAndContractServicesExpense_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ProfessionalAndContractServicesExpense_lbl" xml:lang="en-US"> Professional services, including non-cash compensation </link:label>

<link:loc xlink:type="locator" xlink:href="phil-20220630.xsd#PHIL_AsiaDiamondExchangeDevelopmentCosts" xlink:label="PHIL_AsiaDiamondExchangeDevelopmentCosts"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PHIL_AsiaDiamondExchangeDevelopmentCosts" xlink:to="PHIL_AsiaDiamondExchangeDevelopmentCosts_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="PHIL_AsiaDiamondExchangeDevelopmentCosts_lbl" xml:lang="en-US"> Asia Diamond Exchange development costs </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_GeneralAndAdministrativeExpense" xlink:label="us-gaap_GeneralAndAdministrativeExpense"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_GeneralAndAdministrativeExpense" xlink:to="us-gaap_GeneralAndAdministrativeExpense_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_GeneralAndAdministrativeExpense_lbl" xml:lang="en-US"> General and administrative </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_OperatingExpenses" xlink:label="us-gaap_OperatingExpenses"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OperatingExpenses" xlink:to="us-gaap_OperatingExpenses_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_OperatingExpenses_lbl" xml:lang="en-US"> Total operating expenses </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_OperatingIncomeLoss" xlink:label="us-gaap_OperatingIncomeLoss"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OperatingIncomeLoss" xlink:to="us-gaap_OperatingIncomeLoss_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_OperatingIncomeLoss_lbl" xml:lang="en-US"> Income (loss) from operations </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_NonoperatingIncomeExpenseAbstract" xlink:label="us-gaap_NonoperatingIncomeExpenseAbstract"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NonoperatingIncomeExpenseAbstract" xlink:to="us-gaap_NonoperatingIncomeExpenseAbstract_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_NonoperatingIncomeExpenseAbstract_lbl" xml:lang="en-US"> Other income and expenses </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_OtherNonoperatingIncome" xlink:label="us-gaap_OtherNonoperatingIncome"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OtherNonoperatingIncome" xlink:to="us-gaap_OtherNonoperatingIncome_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OtherNonoperatingIncome_lbl" xml:lang="en-US"> Other income </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_InterestExpense" xlink:label="us-gaap_InterestExpense"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InterestExpense" xlink:to="us-gaap_InterestExpense_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_InterestExpense_lbl" xml:lang="en-US"> Interest expense </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_OtherNonoperatingExpense" xlink:label="us-gaap_OtherNonoperatingExpense"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OtherNonoperatingExpense" xlink:to="us-gaap_OtherNonoperatingExpense_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_OtherNonoperatingExpense_lbl" xml:lang="en-US"> Other expenses </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_NonoperatingIncomeExpense" xlink:label="us-gaap_NonoperatingIncomeExpense"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NonoperatingIncomeExpense" xlink:to="us-gaap_NonoperatingIncomeExpense_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_NonoperatingIncomeExpense_lbl" xml:lang="en-US"> Net other income (expenses) </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_NetIncomeLoss" xlink:label="us-gaap_NetIncomeLoss"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NetIncomeLoss" xlink:to="us-gaap_NetIncomeLoss_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_NetIncomeLoss_lbl" xml:lang="en-US"> Net income (loss) </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_EarningsPerShareBasicAbstract" xlink:label="us-gaap_EarningsPerShareBasicAbstract"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_EarningsPerShareBasicAbstract" xlink:to="us-gaap_EarningsPerShareBasicAbstract_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_EarningsPerShareBasicAbstract_lbl" xml:lang="en-US"> Net loss per share: </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_EarningsPerShareBasic" xlink:label="us-gaap_EarningsPerShareBasic"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_EarningsPerShareBasic" xlink:to="us-gaap_EarningsPerShareBasic_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_EarningsPerShareBasic_lbl" xml:lang="en-US"> Basic </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_EarningsPerShareDiluted" xlink:label="us-gaap_EarningsPerShareDiluted"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_EarningsPerShareDiluted" xlink:to="us-gaap_EarningsPerShareDiluted_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_EarningsPerShareDiluted_lbl" xml:lang="en-US"> Diluted </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_WeightedAverageNumberOfSharesOutstandingAbstract" xlink:label="us-gaap_WeightedAverageNumberOfSharesOutstandingAbstract"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_WeightedAverageNumberOfSharesOutstandingAbstract" xlink:to="us-gaap_WeightedAverageNumberOfSharesOutstandingAbstract_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_WeightedAverageNumberOfSharesOutstandingAbstract_lbl" xml:lang="en-US"> Weighted average number of shares outstanding: </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_WeightedAverageNumberOfSharesOutstandingBasic" xlink:label="us-gaap_WeightedAverageNumberOfSharesOutstandingBasic"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_WeightedAverageNumberOfSharesOutstandingBasic" xlink:to="us-gaap_WeightedAverageNumberOfSharesOutstandingBasic_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_WeightedAverageNumberOfSharesOutstandingBasic_lbl" xml:lang="en-US"> Basic </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding" xlink:label="us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding" xlink:to="us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_lbl" xml:lang="en-US"> Diluted </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_StatementOfCashFlowsAbstract" xlink:label="us-gaap_StatementOfCashFlowsAbstract"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StatementOfCashFlowsAbstract" xlink:to="us-gaap_StatementOfCashFlowsAbstract_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_StatementOfCashFlowsAbstract_lbl" xml:lang="en-US"> Statement of Cash Flows [Abstract] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract" xlink:label="us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract" xlink:to="us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract_lbl" xml:lang="en-US"> Cash flows from operating activities: </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NetIncomeLoss" xlink:to="us-gaap_NetIncomeLoss_2_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_NetIncomeLoss_2_lbl" xml:lang="en-US"> Net income (loss) from operations </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_DerivativeGainLossOnDerivativeNet" xlink:label="us-gaap_DerivativeGainLossOnDerivativeNet"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DerivativeGainLossOnDerivativeNet" xlink:to="us-gaap_DerivativeGainLossOnDerivativeNet_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_DerivativeGainLossOnDerivativeNet_lbl" xml:lang="en-US"> Mark-to-market adjustments </link:label>

<link:loc xlink:type="locator" xlink:href="phil-20220630.xsd#PHIL_NetChangeDueToConversionOfNotes" xlink:label="PHIL_NetChangeDueToConversionOfNotes"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PHIL_NetChangeDueToConversionOfNotes" xlink:to="PHIL_NetChangeDueToConversionOfNotes_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="PHIL_NetChangeDueToConversionOfNotes_lbl" xml:lang="en-US"> Net change due to non-cash issuances of stock </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract" xlink:label="us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract" xlink:to="us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_lbl" xml:lang="en-US"> Adjustments to reconcile net income to net cash used in operating activities: </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssetsAbstract" xlink:label="us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssetsAbstract"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssetsAbstract" xlink:to="us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssetsAbstract_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssetsAbstract_lbl" xml:lang="en-US"> (Increase) decrease in assets and prepaid expenses </link:label>

<link:loc xlink:type="locator" xlink:href="phil-20220630.xsd#PHIL_IncreaseDecreaseInMarketableSecurities" xlink:label="PHIL_IncreaseDecreaseInMarketableSecurities"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PHIL_IncreaseDecreaseInMarketableSecurities" xlink:to="PHIL_IncreaseDecreaseInMarketableSecurities_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="PHIL_IncreaseDecreaseInMarketableSecurities_lbl" xml:lang="en-US"> Marketable securities </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_IncreaseDecreaseInDeferredCharges" xlink:label="us-gaap_IncreaseDecreaseInDeferredCharges"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncreaseDecreaseInDeferredCharges" xlink:to="us-gaap_IncreaseDecreaseInDeferredCharges_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_IncreaseDecreaseInDeferredCharges_lbl" xml:lang="en-US"> Total deferred financing costs </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets" xlink:label="us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets" xlink:to="us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedTotalLabel" xlink:label="us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets_lbl" xml:lang="en-US"> Total (increase) decrease in assets and prepaid expenses </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilitiesAbstract" xlink:label="us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilitiesAbstract"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilitiesAbstract" xlink:to="us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilitiesAbstract_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilitiesAbstract_lbl" xml:lang="en-US"> Increase (decrease) in accounts payable and accrued expenses </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_IncreaseDecreaseInAccountsPayable" xlink:label="us-gaap_IncreaseDecreaseInAccountsPayable"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncreaseDecreaseInAccountsPayable" xlink:to="us-gaap_IncreaseDecreaseInAccountsPayable_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_IncreaseDecreaseInAccountsPayable_lbl" xml:lang="en-US"> Accounts payable </link:label>

<link:loc xlink:type="locator" xlink:href="phil-20220630.xsd#PHIL_IncreaseDecreaseInSubfundObligations" xlink:label="PHIL_IncreaseDecreaseInSubfundObligations"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PHIL_IncreaseDecreaseInSubfundObligations" xlink:to="PHIL_IncreaseDecreaseInSubfundObligations_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="PHIL_IncreaseDecreaseInSubfundObligations_lbl" xml:lang="en-US"> Sub-fund obligations </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_IncreaseDecreaseInAccruedLiabilities" xlink:label="us-gaap_IncreaseDecreaseInAccruedLiabilities"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncreaseDecreaseInAccruedLiabilities" xlink:to="us-gaap_IncreaseDecreaseInAccruedLiabilities_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_IncreaseDecreaseInAccruedLiabilities_lbl" xml:lang="en-US"> Accrued expenses </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_IncreaseDecreaseInContractWithCustomerLiability" xlink:label="us-gaap_IncreaseDecreaseInContractWithCustomerLiability"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncreaseDecreaseInContractWithCustomerLiability" xlink:to="us-gaap_IncreaseDecreaseInContractWithCustomerLiability_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_IncreaseDecreaseInContractWithCustomerLiability_lbl" xml:lang="en-US"> Advances from customers </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_IncreaseDecreaseInDerivativeLiabilities" xlink:label="us-gaap_IncreaseDecreaseInDerivativeLiabilities"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncreaseDecreaseInDerivativeLiabilities" xlink:to="us-gaap_IncreaseDecreaseInDerivativeLiabilities_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncreaseDecreaseInDerivativeLiabilities_lbl" xml:lang="en-US"> Derivative liabilities </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities" xlink:label="us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities" xlink:to="us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities_lbl" xml:lang="en-US"> Total increase (decrease) in accounts payable and accrued expenses </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivities" xlink:label="us-gaap_NetCashProvidedByUsedInOperatingActivities"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NetCashProvidedByUsedInOperatingActivities" xlink:to="us-gaap_NetCashProvidedByUsedInOperatingActivities_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_NetCashProvidedByUsedInOperatingActivities_lbl" xml:lang="en-US"> Net cash provided by (used in) operating activities </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract" xlink:label="us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract" xlink:to="us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_lbl" xml:lang="en-US"> Cash flows from investing activities: </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivities" xlink:label="us-gaap_NetCashProvidedByUsedInInvestingActivities"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NetCashProvidedByUsedInInvestingActivities" xlink:to="us-gaap_NetCashProvidedByUsedInInvestingActivities_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_NetCashProvidedByUsedInInvestingActivities_lbl" xml:lang="en-US"> Net cash provided by (used in) investing activities </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract" xlink:label="us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract" xlink:to="us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_lbl" xml:lang="en-US"> Cash flows from financing activities: </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_ProceedsFromRelatedPartyDebt" xlink:label="us-gaap_ProceedsFromRelatedPartyDebt"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ProceedsFromRelatedPartyDebt" xlink:to="us-gaap_ProceedsFromRelatedPartyDebt_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ProceedsFromRelatedPartyDebt_lbl" xml:lang="en-US"> Loans from Directors/Officers </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_ProceedsFromNotesPayable" xlink:label="us-gaap_ProceedsFromNotesPayable"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ProceedsFromNotesPayable" xlink:to="us-gaap_ProceedsFromNotesPayable_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ProceedsFromNotesPayable_lbl" xml:lang="en-US"> Notes payable </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_ProceedsFromIssuanceOfCommonStock" xlink:label="us-gaap_ProceedsFromIssuanceOfCommonStock"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ProceedsFromIssuanceOfCommonStock" xlink:to="us-gaap_ProceedsFromIssuanceOfCommonStock_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ProceedsFromIssuanceOfCommonStock_lbl" xml:lang="en-US"> Common Stock </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivities" xlink:label="us-gaap_NetCashProvidedByUsedInFinancingActivities"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NetCashProvidedByUsedInFinancingActivities" xlink:to="us-gaap_NetCashProvidedByUsedInFinancingActivities_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_NetCashProvidedByUsedInFinancingActivities_lbl" xml:lang="en-US"> Net cash provided by (used in) financing activities </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect" xlink:label="us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect" xlink:to="us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect_lbl" xml:lang="en-US"> Net decrease in cash and cash equivalents </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations" xlink:label="us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations" xlink:to="us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations_lbl" xml:lang="en-US"> Cash and cash equivalents, beginning of period </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations" xlink:to="us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations_2_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations_2_lbl" xml:lang="en-US"> Cash and cash equivalents, end of period </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StockholdersEquity" xlink:to="us-gaap_StockholdersEquity_2_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="us-gaap_StockholdersEquity_2_lbl" xml:lang="en-US"> Beginning balance, value </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_SharesOutstanding" xlink:label="us-gaap_SharesOutstanding"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SharesOutstanding" xlink:to="us-gaap_SharesOutstanding_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="us-gaap_SharesOutstanding_lbl" xml:lang="en-US"> Beginning balance, shares </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_StockRedeemedOrCalledDuringPeriodValue" xlink:label="us-gaap_StockRedeemedOrCalledDuringPeriodValue"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StockRedeemedOrCalledDuringPeriodValue" xlink:to="us-gaap_StockRedeemedOrCalledDuringPeriodValue_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_StockRedeemedOrCalledDuringPeriodValue_lbl" xml:lang="en-US"> Common Shares cancelled during the quarter ended December 31, 2021 </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_StockRedeemedOrCalledDuringPeriodShares" xlink:label="us-gaap_StockRedeemedOrCalledDuringPeriodShares"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StockRedeemedOrCalledDuringPeriodShares" xlink:to="us-gaap_StockRedeemedOrCalledDuringPeriodShares_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_StockRedeemedOrCalledDuringPeriodShares_lbl" xml:lang="en-US"> Common Shares cancelled during the quarter ended December 31, 2021, shares </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_StockIssuedDuringPeriodValueConversionOfConvertibleSecurities" xlink:label="us-gaap_StockIssuedDuringPeriodValueConversionOfConvertibleSecurities"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StockIssuedDuringPeriodValueConversionOfConvertibleSecurities" xlink:to="us-gaap_StockIssuedDuringPeriodValueConversionOfConvertibleSecurities_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_StockIssuedDuringPeriodValueConversionOfConvertibleSecurities_lbl" xml:lang="en-US"> Common Shares issued for conversion of loans duirng quarter ended September 30, 2021 </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities" xlink:label="us-gaap_StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities" xlink:to="us-gaap_StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities_lbl" xml:lang="en-US"> Common Shares issued for conversion of loans during quarter ended September 30, 2021, shares </link:label>

<link:loc xlink:type="locator" xlink:href="phil-20220630.xsd#PHIL_StockIssuedDuringPeriodValueAccruedSalaries" xlink:label="PHIL_StockIssuedDuringPeriodValueAccruedSalaries"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PHIL_StockIssuedDuringPeriodValueAccruedSalaries" xlink:to="PHIL_StockIssuedDuringPeriodValueAccruedSalaries_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="PHIL_StockIssuedDuringPeriodValueAccruedSalaries_lbl" xml:lang="en-US"> Common Shares issued for accrued salaries during the quarter ended March 31, 2022 </link:label>

<link:loc xlink:type="locator" xlink:href="phil-20220630.xsd#PHIL_StockIssuedDuringPeriodSharesAccruedSalaries" xlink:label="PHIL_StockIssuedDuringPeriodSharesAccruedSalaries"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PHIL_StockIssuedDuringPeriodSharesAccruedSalaries" xlink:to="PHIL_StockIssuedDuringPeriodSharesAccruedSalaries_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="PHIL_StockIssuedDuringPeriodSharesAccruedSalaries_lbl" xml:lang="en-US"> Common Shares issued for accrued salaries during the quarter ended December 31, 2021, shares </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_StockIssuedDuringPeriodValueIssuedForServices" xlink:label="us-gaap_StockIssuedDuringPeriodValueIssuedForServices"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StockIssuedDuringPeriodValueIssuedForServices" xlink:to="us-gaap_StockIssuedDuringPeriodValueIssuedForServices_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_StockIssuedDuringPeriodValueIssuedForServices_lbl" xml:lang="en-US"> Common Shares issued for Consulting service during the quarter ended December 31, 2021 </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_StockIssuedDuringPeriodSharesIssuedForServices" xlink:label="us-gaap_StockIssuedDuringPeriodSharesIssuedForServices"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StockIssuedDuringPeriodSharesIssuedForServices" xlink:to="us-gaap_StockIssuedDuringPeriodSharesIssuedForServices_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_StockIssuedDuringPeriodSharesIssuedForServices_lbl" xml:lang="en-US"> Common Shares issued for Consulting service during the quarter ended December 31, 2021, shares </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NetIncomeLoss" xlink:to="us-gaap_NetIncomeLoss_3_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_NetIncomeLoss_3_lbl" xml:lang="en-US"> Net Income (Loss) </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_StockIssuedDuringPeriodValueConversionOfUnits" xlink:label="us-gaap_StockIssuedDuringPeriodValueConversionOfUnits"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StockIssuedDuringPeriodValueConversionOfUnits" xlink:to="us-gaap_StockIssuedDuringPeriodValueConversionOfUnits_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_StockIssuedDuringPeriodValueConversionOfUnits_lbl" xml:lang="en-US"> Common Shares issued for conversion of notes during the quarter ended June 30, 2022 </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_StockIssuedDuringPeriodSharesConversionOfUnits" xlink:label="us-gaap_StockIssuedDuringPeriodSharesConversionOfUnits"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StockIssuedDuringPeriodSharesConversionOfUnits" xlink:to="us-gaap_StockIssuedDuringPeriodSharesConversionOfUnits_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_StockIssuedDuringPeriodSharesConversionOfUnits_lbl" xml:lang="en-US"> Common Shares issued for conversion of notes during the quarter ended March 31, 2022, shares </link:label>

<link:loc xlink:type="locator" xlink:href="phil-20220630.xsd#PHIL_StockIssuedDuringValueExerciseOfWarrants" xlink:label="PHIL_StockIssuedDuringValueExerciseOfWarrants"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PHIL_StockIssuedDuringValueExerciseOfWarrants" xlink:to="PHIL_StockIssuedDuringValueExerciseOfWarrants_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="PHIL_StockIssuedDuringValueExerciseOfWarrants_lbl" xml:lang="en-US"> Common Shares issued for exercise of warrants during the quarter ended March 31, 2022 </link:label>

<link:loc xlink:type="locator" xlink:href="phil-20220630.xsd#PHIL_StockIssuedDuringSharesExerciseOfWarrants" xlink:label="PHIL_StockIssuedDuringSharesExerciseOfWarrants"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PHIL_StockIssuedDuringSharesExerciseOfWarrants" xlink:to="PHIL_StockIssuedDuringSharesExerciseOfWarrants_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="PHIL_StockIssuedDuringSharesExerciseOfWarrants_lbl" xml:lang="en-US"> Common Shares issued for exercise of warrants during the quarter ended March 31, 2022, shares </link:label>

<link:loc xlink:type="locator" xlink:href="phil-20220630.xsd#PHIL_StockIssuedDuringPeriodValuePreviouslyPaidSubscription" xlink:label="PHIL_StockIssuedDuringPeriodValuePreviouslyPaidSubscription"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PHIL_StockIssuedDuringPeriodValuePreviouslyPaidSubscription" xlink:to="PHIL_StockIssuedDuringPeriodValuePreviouslyPaidSubscription_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="PHIL_StockIssuedDuringPeriodValuePreviouslyPaidSubscription_lbl" xml:lang="en-US"> Common Shares issued for previously paid subscription during the quarter ended December 31, 2021 </link:label>

<link:loc xlink:type="locator" xlink:href="phil-20220630.xsd#PHIL_StockIssuedDuringPeriodSharesPreviouslyPaidSubscription" xlink:label="PHIL_StockIssuedDuringPeriodSharesPreviouslyPaidSubscription"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PHIL_StockIssuedDuringPeriodSharesPreviouslyPaidSubscription" xlink:to="PHIL_StockIssuedDuringPeriodSharesPreviouslyPaidSubscription_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="PHIL_StockIssuedDuringPeriodSharesPreviouslyPaidSubscription_lbl" xml:lang="en-US"> Common Shares issued for previously paid subscription during the quarter ended December 31, 2021, shares </link:label>

<link:loc xlink:type="locator" xlink:href="phil-20220630.xsd#PHIL_StockIssuedDuringPeriodPreferredSharesIssuedForLoanRepayment" xlink:label="PHIL_StockIssuedDuringPeriodPreferredSharesIssuedForLoanRepayment"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PHIL_StockIssuedDuringPeriodPreferredSharesIssuedForLoanRepayment" xlink:to="PHIL_StockIssuedDuringPeriodPreferredSharesIssuedForLoanRepayment_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="PHIL_StockIssuedDuringPeriodPreferredSharesIssuedForLoanRepayment_lbl" xml:lang="en-US"> Preferred Stock issued for loan payment during the quarter ended December 31, 2021 </link:label>

<link:loc xlink:type="locator" xlink:href="phil-20220630.xsd#PHIL_StockIssuedDuringPeriodPreferredSharesIssuedForLoanRepaymentShares" xlink:label="PHIL_StockIssuedDuringPeriodPreferredSharesIssuedForLoanRepaymentShares"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PHIL_StockIssuedDuringPeriodPreferredSharesIssuedForLoanRepaymentShares" xlink:to="PHIL_StockIssuedDuringPeriodPreferredSharesIssuedForLoanRepaymentShares_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="PHIL_StockIssuedDuringPeriodPreferredSharesIssuedForLoanRepaymentShares_lbl" xml:lang="en-US"> Preferred Stock issued for loan payment during the quarter ended December 31, 2021, shares </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_StockIssuedDuringPeriodSharesNewIssues" xlink:label="us-gaap_StockIssuedDuringPeriodSharesNewIssues"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StockIssuedDuringPeriodSharesNewIssues" xlink:to="us-gaap_StockIssuedDuringPeriodSharesNewIssues_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_StockIssuedDuringPeriodSharesNewIssues_lbl" xml:lang="en-US"> Common Shares issued for cash during the quarter ended June 30, 2022, shares </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_StockIssuedDuringPeriodValueNewIssues" xlink:label="us-gaap_StockIssuedDuringPeriodValueNewIssues"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StockIssuedDuringPeriodValueNewIssues" xlink:to="us-gaap_StockIssuedDuringPeriodValueNewIssues_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_StockIssuedDuringPeriodValueNewIssues_lbl" xml:lang="en-US"> Common Shares issued for cash during the quarter ended June 30, 2022 </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StockholdersEquity" xlink:to="us-gaap_StockholdersEquity_3_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="us-gaap_StockholdersEquity_3_lbl" xml:lang="en-US"> Balance at Fiscal Year Ended June 30, 2022 </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SharesOutstanding" xlink:to="us-gaap_SharesOutstanding_2_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="us-gaap_SharesOutstanding_2_lbl" xml:lang="en-US"> Ending balance, shares </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract" xlink:label="us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract" xlink:to="us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract_lbl" xml:lang="en-US"> Organization, Consolidation and Presentation of Financial Statements [Abstract] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_NatureOfOperations" xlink:label="us-gaap_NatureOfOperations"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NatureOfOperations" xlink:to="us-gaap_NatureOfOperations_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_NatureOfOperations_lbl" xml:lang="en-US"> NATURE OF BUSINESS </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_AccountingPoliciesAbstract" xlink:label="us-gaap_AccountingPoliciesAbstract"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AccountingPoliciesAbstract" xlink:to="us-gaap_AccountingPoliciesAbstract_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AccountingPoliciesAbstract_lbl" xml:lang="en-US"> Accounting Policies [Abstract] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_SignificantAccountingPoliciesTextBlock" xlink:label="us-gaap_SignificantAccountingPoliciesTextBlock"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SignificantAccountingPoliciesTextBlock" xlink:to="us-gaap_SignificantAccountingPoliciesTextBlock_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_SignificantAccountingPoliciesTextBlock_lbl" xml:lang="en-US"> SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_DeferredCostsCapitalizedPrepaidAndOtherAssetsDisclosureAbstract" xlink:label="us-gaap_DeferredCostsCapitalizedPrepaidAndOtherAssetsDisclosureAbstract"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DeferredCostsCapitalizedPrepaidAndOtherAssetsDisclosureAbstract" xlink:to="us-gaap_DeferredCostsCapitalizedPrepaidAndOtherAssetsDisclosureAbstract_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DeferredCostsCapitalizedPrepaidAndOtherAssetsDisclosureAbstract_lbl" xml:lang="en-US"> Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_OtherCurrentAssetsTextBlock" xlink:label="us-gaap_OtherCurrentAssetsTextBlock"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OtherCurrentAssetsTextBlock" xlink:to="us-gaap_OtherCurrentAssetsTextBlock_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OtherCurrentAssetsTextBlock_lbl" xml:lang="en-US"> OTHER CURRENT ASSETS </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_OtherAssetsDisclosureTextBlock" xlink:label="us-gaap_OtherAssetsDisclosureTextBlock"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OtherAssetsDisclosureTextBlock" xlink:to="us-gaap_OtherAssetsDisclosureTextBlock_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OtherAssetsDisclosureTextBlock_lbl" xml:lang="en-US"> OTHER ASSETS </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_PropertyPlantAndEquipmentAbstract" xlink:label="us-gaap_PropertyPlantAndEquipmentAbstract"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PropertyPlantAndEquipmentAbstract" xlink:to="us-gaap_PropertyPlantAndEquipmentAbstract_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PropertyPlantAndEquipmentAbstract_lbl" xml:lang="en-US"> Property, Plant and Equipment [Abstract] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_PropertyPlantAndEquipmentDisclosureTextBlock" xlink:label="us-gaap_PropertyPlantAndEquipmentDisclosureTextBlock"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PropertyPlantAndEquipmentDisclosureTextBlock" xlink:to="us-gaap_PropertyPlantAndEquipmentDisclosureTextBlock_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PropertyPlantAndEquipmentDisclosureTextBlock_lbl" xml:lang="en-US"> PROPERTY AND EQUIPMENT </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_PayablesAndAccrualsAbstract" xlink:label="us-gaap_PayablesAndAccrualsAbstract"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PayablesAndAccrualsAbstract" xlink:to="us-gaap_PayablesAndAccrualsAbstract_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PayablesAndAccrualsAbstract_lbl" xml:lang="en-US"> Payables and Accruals [Abstract] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_AccountsPayableAccruedLiabilitiesAndOtherLiabilitiesDisclosureCurrentTextBlock" xlink:label="us-gaap_AccountsPayableAccruedLiabilitiesAndOtherLiabilitiesDisclosureCurrentTextBlock"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AccountsPayableAccruedLiabilitiesAndOtherLiabilitiesDisclosureCurrentTextBlock" xlink:to="us-gaap_AccountsPayableAccruedLiabilitiesAndOtherLiabilitiesDisclosureCurrentTextBlock_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AccountsPayableAccruedLiabilitiesAndOtherLiabilitiesDisclosureCurrentTextBlock_lbl" xml:lang="en-US"> CURRENT LIABILITIES </link:label>

<link:loc xlink:type="locator" xlink:href="phil-20220630.xsd#PHIL_DisclosureDueToOfficersAndDirectorsAbstract" xlink:label="PHIL_DisclosureDueToOfficersAndDirectorsAbstract"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PHIL_DisclosureDueToOfficersAndDirectorsAbstract" xlink:to="PHIL_DisclosureDueToOfficersAndDirectorsAbstract_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="PHIL_DisclosureDueToOfficersAndDirectorsAbstract_lbl" xml:lang="en-US"> Due To Officers And Directors </link:label>

<link:loc xlink:type="locator" xlink:href="phil-20220630.xsd#PHIL_DueToOfficersTextBlock" xlink:label="PHIL_DueToOfficersTextBlock"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PHIL_DueToOfficersTextBlock" xlink:to="PHIL_DueToOfficersTextBlock_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="PHIL_DueToOfficersTextBlock_lbl" xml:lang="en-US"> DUE TO OFFICERS AND DIRECTORS </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_DebtDisclosureAbstract" xlink:label="us-gaap_DebtDisclosureAbstract"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DebtDisclosureAbstract" xlink:to="us-gaap_DebtDisclosureAbstract_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DebtDisclosureAbstract_lbl" xml:lang="en-US"> Debt Disclosure [Abstract] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_DebtDisclosureTextBlock" xlink:label="us-gaap_DebtDisclosureTextBlock"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DebtDisclosureTextBlock" xlink:to="us-gaap_DebtDisclosureTextBlock_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DebtDisclosureTextBlock_lbl" xml:lang="en-US"> LOANS AND PROMISSORY NOTES </link:label>

<link:loc xlink:type="locator" xlink:href="phil-20220630.xsd#PHIL_DisclosurePayrollTaxLiabilitiesAbstract" xlink:label="PHIL_DisclosurePayrollTaxLiabilitiesAbstract"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PHIL_DisclosurePayrollTaxLiabilitiesAbstract" xlink:to="PHIL_DisclosurePayrollTaxLiabilitiesAbstract_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="PHIL_DisclosurePayrollTaxLiabilitiesAbstract_lbl" xml:lang="en-US"> Payroll Tax Liabilities </link:label>

<link:loc xlink:type="locator" xlink:href="phil-20220630.xsd#PHIL_PayrollTaxLiabilitiesTextBlock" xlink:label="PHIL_PayrollTaxLiabilitiesTextBlock"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PHIL_PayrollTaxLiabilitiesTextBlock" xlink:to="PHIL_PayrollTaxLiabilitiesTextBlock_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="PHIL_PayrollTaxLiabilitiesTextBlock_lbl" xml:lang="en-US"> PAYROLL TAX LIABILITIES </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_EarningsPerShareAbstract" xlink:label="us-gaap_EarningsPerShareAbstract"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_EarningsPerShareAbstract" xlink:to="us-gaap_EarningsPerShareAbstract_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_EarningsPerShareAbstract_lbl" xml:lang="en-US"> Earnings Per Share [Abstract] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_EarningsPerShareTextBlock" xlink:label="us-gaap_EarningsPerShareTextBlock"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_EarningsPerShareTextBlock" xlink:to="us-gaap_EarningsPerShareTextBlock_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_EarningsPerShareTextBlock_lbl" xml:lang="en-US"> BASIC AND DILUTED NET LOSS PER SHARE </link:label>

<link:loc xlink:type="locator" xlink:href="phil-20220630.xsd#PHIL_DisclosureDomesticationInStateOfWyomingAbstract" xlink:label="PHIL_DisclosureDomesticationInStateOfWyomingAbstract"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PHIL_DisclosureDomesticationInStateOfWyomingAbstract" xlink:to="PHIL_DisclosureDomesticationInStateOfWyomingAbstract_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="PHIL_DisclosureDomesticationInStateOfWyomingAbstract_lbl" xml:lang="en-US"> Domestication In State Of Wyoming </link:label>

<link:loc xlink:type="locator" xlink:href="phil-20220630.xsd#PHIL_DomesticationInStateTextBlock" xlink:label="PHIL_DomesticationInStateTextBlock"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PHIL_DomesticationInStateTextBlock" xlink:to="PHIL_DomesticationInStateTextBlock_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="PHIL_DomesticationInStateTextBlock_lbl" xml:lang="en-US"> DOMESTICATION IN THE STATE OF WYOMING </link:label>

<link:loc xlink:type="locator" xlink:href="phil-20220630.xsd#PHIL_DisclosureDissolutionOfNevadaCorporationAndOperatingAsWyomingCorporationAbstract" xlink:label="PHIL_DisclosureDissolutionOfNevadaCorporationAndOperatingAsWyomingCorporationAbstract"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PHIL_DisclosureDissolutionOfNevadaCorporationAndOperatingAsWyomingCorporationAbstract" xlink:to="PHIL_DisclosureDissolutionOfNevadaCorporationAndOperatingAsWyomingCorporationAbstract_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="PHIL_DisclosureDissolutionOfNevadaCorporationAndOperatingAsWyomingCorporationAbstract_lbl" xml:lang="en-US"> Dissolution Of Nevada Corporation And Operating As Wyoming Corporation </link:label>

<link:loc xlink:type="locator" xlink:href="phil-20220630.xsd#PHIL_DissolutionOfNevadaCorporationAndOperatingAsAWyomingCorporation" xlink:label="PHIL_DissolutionOfNevadaCorporationAndOperatingAsAWyomingCorporation"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PHIL_DissolutionOfNevadaCorporationAndOperatingAsAWyomingCorporation" xlink:to="PHIL_DissolutionOfNevadaCorporationAndOperatingAsAWyomingCorporation_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="PHIL_DissolutionOfNevadaCorporationAndOperatingAsAWyomingCorporation_lbl" xml:lang="en-US"> DISSOLUTION OF NEVADA CORPORATION AND OPERATING AS A WYOMING CORPORATION </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_EquityAbstract" xlink:label="us-gaap_EquityAbstract"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_EquityAbstract" xlink:to="us-gaap_EquityAbstract_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_EquityAbstract_lbl" xml:lang="en-US"> Equity [Abstract] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_StockholdersEquityNoteDisclosureTextBlock" xlink:label="us-gaap_StockholdersEquityNoteDisclosureTextBlock"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StockholdersEquityNoteDisclosureTextBlock" xlink:to="us-gaap_StockholdersEquityNoteDisclosureTextBlock_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_StockholdersEquityNoteDisclosureTextBlock_lbl" xml:lang="en-US"> STOCKHOLDER’S EQUITY </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract" xlink:label="us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract" xlink:to="us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract_lbl" xml:lang="en-US"> Share-Based Payment Arrangement [Abstract] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock" xlink:label="us-gaap_DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock" xlink:to="us-gaap_DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock_lbl" xml:lang="en-US"> STOCK-BASED COMPENSATION PLANS </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_OtherIncomeAndExpensesAbstract" xlink:label="us-gaap_OtherIncomeAndExpensesAbstract"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OtherIncomeAndExpensesAbstract" xlink:to="us-gaap_OtherIncomeAndExpensesAbstract_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OtherIncomeAndExpensesAbstract_lbl" xml:lang="en-US"> Other Income and Expenses [Abstract] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_OtherNonoperatingIncomeAndExpenseTextBlock" xlink:label="us-gaap_OtherNonoperatingIncomeAndExpenseTextBlock"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OtherNonoperatingIncomeAndExpenseTextBlock" xlink:to="us-gaap_OtherNonoperatingIncomeAndExpenseTextBlock_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OtherNonoperatingIncomeAndExpenseTextBlock_lbl" xml:lang="en-US"> OTHER INCOME (EXPENSE) </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_RelatedPartyTransactionsAbstract" xlink:label="us-gaap_RelatedPartyTransactionsAbstract"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RelatedPartyTransactionsAbstract" xlink:to="us-gaap_RelatedPartyTransactionsAbstract_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_RelatedPartyTransactionsAbstract_lbl" xml:lang="en-US"> Related Party Transactions [Abstract] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_RelatedPartyTransactionsDisclosureTextBlock" xlink:label="us-gaap_RelatedPartyTransactionsDisclosureTextBlock"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RelatedPartyTransactionsDisclosureTextBlock" xlink:to="us-gaap_RelatedPartyTransactionsDisclosureTextBlock_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_RelatedPartyTransactionsDisclosureTextBlock_lbl" xml:lang="en-US"> RELATED PARTY TRANSACTIONS </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_IncomeTaxDisclosureAbstract" xlink:label="us-gaap_IncomeTaxDisclosureAbstract"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncomeTaxDisclosureAbstract" xlink:to="us-gaap_IncomeTaxDisclosureAbstract_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncomeTaxDisclosureAbstract_lbl" xml:lang="en-US"> Income Tax Disclosure [Abstract] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_IncomeTaxDisclosureTextBlock" xlink:label="us-gaap_IncomeTaxDisclosureTextBlock"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncomeTaxDisclosureTextBlock" xlink:to="us-gaap_IncomeTaxDisclosureTextBlock_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncomeTaxDisclosureTextBlock_lbl" xml:lang="en-US"> INCOME TAXES </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_CommitmentsAndContingenciesDisclosureAbstract" xlink:label="us-gaap_CommitmentsAndContingenciesDisclosureAbstract"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CommitmentsAndContingenciesDisclosureAbstract" xlink:to="us-gaap_CommitmentsAndContingenciesDisclosureAbstract_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CommitmentsAndContingenciesDisclosureAbstract_lbl" xml:lang="en-US"> Commitments and Contingencies Disclosure [Abstract] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_CommitmentsDisclosureTextBlock" xlink:label="us-gaap_CommitmentsDisclosureTextBlock"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CommitmentsDisclosureTextBlock" xlink:to="us-gaap_CommitmentsDisclosureTextBlock_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CommitmentsDisclosureTextBlock_lbl" xml:lang="en-US"> CONTRACTS AND COMMITMENTS </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_SubstantialDoubtAboutGoingConcernTextBlock" xlink:label="us-gaap_SubstantialDoubtAboutGoingConcernTextBlock"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SubstantialDoubtAboutGoingConcernTextBlock" xlink:to="us-gaap_SubstantialDoubtAboutGoingConcernTextBlock_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_SubstantialDoubtAboutGoingConcernTextBlock_lbl" xml:lang="en-US"> GOING CONCERN UNCERTAINTY </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_SubsequentEventsAbstract" xlink:label="us-gaap_SubsequentEventsAbstract"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SubsequentEventsAbstract" xlink:to="us-gaap_SubsequentEventsAbstract_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_SubsequentEventsAbstract_lbl" xml:lang="en-US"> Subsequent Events [Abstract] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_SubsequentEventsTextBlock" xlink:label="us-gaap_SubsequentEventsTextBlock"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SubsequentEventsTextBlock" xlink:to="us-gaap_SubsequentEventsTextBlock_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_SubsequentEventsTextBlock_lbl" xml:lang="en-US"> SUBSEQUENT EVENTS </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_ConsolidationPolicyTextBlock" xlink:label="us-gaap_ConsolidationPolicyTextBlock"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ConsolidationPolicyTextBlock" xlink:to="us-gaap_ConsolidationPolicyTextBlock_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ConsolidationPolicyTextBlock_lbl" xml:lang="en-US"> PRINCIPLES OF CONSOLIDATION </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_UseOfEstimates" xlink:label="us-gaap_UseOfEstimates"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_UseOfEstimates" xlink:to="us-gaap_UseOfEstimates_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_UseOfEstimates_lbl" xml:lang="en-US"> USE OF ESTIMATES </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_CashAndCashEquivalentsPolicyTextBlock" xlink:label="us-gaap_CashAndCashEquivalentsPolicyTextBlock"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CashAndCashEquivalentsPolicyTextBlock" xlink:to="us-gaap_CashAndCashEquivalentsPolicyTextBlock_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CashAndCashEquivalentsPolicyTextBlock_lbl" xml:lang="en-US"> CASH AND CASH EQUIVALENTS </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_MarketableSecuritiesPolicy" xlink:label="us-gaap_MarketableSecuritiesPolicy"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_MarketableSecuritiesPolicy" xlink:to="us-gaap_MarketableSecuritiesPolicy_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_MarketableSecuritiesPolicy_lbl" xml:lang="en-US"> MARKETABLE SECURITIES </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_TradeAndOtherAccountsReceivablePolicy" xlink:label="us-gaap_TradeAndOtherAccountsReceivablePolicy"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_TradeAndOtherAccountsReceivablePolicy" xlink:to="us-gaap_TradeAndOtherAccountsReceivablePolicy_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_TradeAndOtherAccountsReceivablePolicy_lbl" xml:lang="en-US"> ACCOUNTS RECEIVABLE </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_ImpairmentOrDisposalOfLongLivedAssetsPolicyTextBlock" xlink:label="us-gaap_ImpairmentOrDisposalOfLongLivedAssetsPolicyTextBlock"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ImpairmentOrDisposalOfLongLivedAssetsPolicyTextBlock" xlink:to="us-gaap_ImpairmentOrDisposalOfLongLivedAssetsPolicyTextBlock_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ImpairmentOrDisposalOfLongLivedAssetsPolicyTextBlock_lbl" xml:lang="en-US"> IMPAIRMENT OF LONG-LIVED ASSETS </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_PropertyPlantAndEquipmentPolicyTextBlock" xlink:label="us-gaap_PropertyPlantAndEquipmentPolicyTextBlock"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PropertyPlantAndEquipmentPolicyTextBlock" xlink:to="us-gaap_PropertyPlantAndEquipmentPolicyTextBlock_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_PropertyPlantAndEquipmentPolicyTextBlock_lbl" xml:lang="en-US"> PROPERTY AND EQUIPMENT </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_DepreciationDepletionAndAmortizationPolicyTextBlock" xlink:label="us-gaap_DepreciationDepletionAndAmortizationPolicyTextBlock"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DepreciationDepletionAndAmortizationPolicyTextBlock" xlink:to="us-gaap_DepreciationDepletionAndAmortizationPolicyTextBlock_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DepreciationDepletionAndAmortizationPolicyTextBlock_lbl" xml:lang="en-US"> DEPRECIATION AND AMORTIZATION </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_EarningsPerSharePolicyTextBlock" xlink:label="us-gaap_EarningsPerSharePolicyTextBlock"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_EarningsPerSharePolicyTextBlock" xlink:to="us-gaap_EarningsPerSharePolicyTextBlock_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_EarningsPerSharePolicyTextBlock_lbl" xml:lang="en-US"> NET EARNINGS (LOSS) PER SHARE </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_CompensationRelatedCostsPolicyTextBlock" xlink:label="us-gaap_CompensationRelatedCostsPolicyTextBlock"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CompensationRelatedCostsPolicyTextBlock" xlink:to="us-gaap_CompensationRelatedCostsPolicyTextBlock_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CompensationRelatedCostsPolicyTextBlock_lbl" xml:lang="en-US"> STOCK-BASED COMPENSATION </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_FairValueOfFinancialInstrumentsPolicy" xlink:label="us-gaap_FairValueOfFinancialInstrumentsPolicy"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValueOfFinancialInstrumentsPolicy" xlink:to="us-gaap_FairValueOfFinancialInstrumentsPolicy_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_FairValueOfFinancialInstrumentsPolicy_lbl" xml:lang="en-US"> FAIR VALUE OF FINANCIAL INSTRUMENTS </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_RevenueFromContractWithCustomerPolicyTextBlock" xlink:label="us-gaap_RevenueFromContractWithCustomerPolicyTextBlock"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RevenueFromContractWithCustomerPolicyTextBlock" xlink:to="us-gaap_RevenueFromContractWithCustomerPolicyTextBlock_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_RevenueFromContractWithCustomerPolicyTextBlock_lbl" xml:lang="en-US"> REVENUE RECOGNITION STANDARDS </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_AdvertisingCostsPolicyTextBlock" xlink:label="us-gaap_AdvertisingCostsPolicyTextBlock"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AdvertisingCostsPolicyTextBlock" xlink:to="us-gaap_AdvertisingCostsPolicyTextBlock_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AdvertisingCostsPolicyTextBlock_lbl" xml:lang="en-US"> ADVERTISING </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_ComprehensiveIncomePolicyPolicyTextBlock" xlink:label="us-gaap_ComprehensiveIncomePolicyPolicyTextBlock"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ComprehensiveIncomePolicyPolicyTextBlock" xlink:to="us-gaap_ComprehensiveIncomePolicyPolicyTextBlock_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ComprehensiveIncomePolicyPolicyTextBlock_lbl" xml:lang="en-US"> COMPREHENSIVE INCOME (LOSS) </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_IncomeTaxPolicyTextBlock" xlink:label="us-gaap_IncomeTaxPolicyTextBlock"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncomeTaxPolicyTextBlock" xlink:to="us-gaap_IncomeTaxPolicyTextBlock_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_IncomeTaxPolicyTextBlock_lbl" xml:lang="en-US"> INCOME TAXES </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_SegmentReportingPolicyPolicyTextBlock" xlink:label="us-gaap_SegmentReportingPolicyPolicyTextBlock"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SegmentReportingPolicyPolicyTextBlock" xlink:to="us-gaap_SegmentReportingPolicyPolicyTextBlock_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_SegmentReportingPolicyPolicyTextBlock_lbl" xml:lang="en-US"> REPORTING OF SEGMENTS </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_ConcentrationRiskCreditRisk" xlink:label="us-gaap_ConcentrationRiskCreditRisk"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ConcentrationRiskCreditRisk" xlink:to="us-gaap_ConcentrationRiskCreditRisk_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ConcentrationRiskCreditRisk_lbl" xml:lang="en-US"> RISKS AND UNCERTAINTIES </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock" xlink:label="us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock" xlink:to="us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock_lbl" xml:lang="en-US"> RECENT ACCOUNTING PRONOUNCEMENTS </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock" xlink:label="us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock" xlink:to="us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock_lbl" xml:lang="en-US"> SCHEDULE OF NET EARNINGS (LOSS) PER SHARE </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_ScheduleOfAvailableForSaleSecuritiesReconciliationTableTextBlock" xlink:label="us-gaap_ScheduleOfAvailableForSaleSecuritiesReconciliationTableTextBlock"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ScheduleOfAvailableForSaleSecuritiesReconciliationTableTextBlock" xlink:to="us-gaap_ScheduleOfAvailableForSaleSecuritiesReconciliationTableTextBlock_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ScheduleOfAvailableForSaleSecuritiesReconciliationTableTextBlock_lbl" xml:lang="en-US"> SCHEDULE OF FAIR VALUE OF INVESTMENTS MARKETABLE EQUITY SECURITIES </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_ScheduleOfOtherAssetsTableTextBlock" xlink:label="us-gaap_ScheduleOfOtherAssetsTableTextBlock"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ScheduleOfOtherAssetsTableTextBlock" xlink:to="us-gaap_ScheduleOfOtherAssetsTableTextBlock_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ScheduleOfOtherAssetsTableTextBlock_lbl" xml:lang="en-US"> SCHEDULE OF OTHER ASSETS </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_ScheduleOfAccountsPayableAndAccruedLiabilitiesTableTextBlock" xlink:label="us-gaap_ScheduleOfAccountsPayableAndAccruedLiabilitiesTableTextBlock"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ScheduleOfAccountsPayableAndAccruedLiabilitiesTableTextBlock" xlink:to="us-gaap_ScheduleOfAccountsPayableAndAccruedLiabilitiesTableTextBlock_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ScheduleOfAccountsPayableAndAccruedLiabilitiesTableTextBlock_lbl" xml:lang="en-US"> SCHEDULE OF CURRENT LIABILITIES </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_ScheduleOfRelatedPartyTransactionsTableTextBlock" xlink:label="us-gaap_ScheduleOfRelatedPartyTransactionsTableTextBlock"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ScheduleOfRelatedPartyTransactionsTableTextBlock" xlink:to="us-gaap_ScheduleOfRelatedPartyTransactionsTableTextBlock_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ScheduleOfRelatedPartyTransactionsTableTextBlock_lbl" xml:lang="en-US"> SCHEDULE OF COMPONENTS OF DUE TO OFFICERS AND DIRECTORS </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_ScheduleOfConversionsOfStockTextBlock" xlink:label="us-gaap_ScheduleOfConversionsOfStockTextBlock"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ScheduleOfConversionsOfStockTextBlock" xlink:to="us-gaap_ScheduleOfConversionsOfStockTextBlock_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ScheduleOfConversionsOfStockTextBlock_lbl" xml:lang="en-US"> SCHEDULE OF CONVERSIONS OF COMMON STOCK </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_ScheduleOfShareBasedPaymentAwardStockOptionsValuationAssumptionsTableTextBlock" xlink:label="us-gaap_ScheduleOfShareBasedPaymentAwardStockOptionsValuationAssumptionsTableTextBlock"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ScheduleOfShareBasedPaymentAwardStockOptionsValuationAssumptionsTableTextBlock" xlink:to="us-gaap_ScheduleOfShareBasedPaymentAwardStockOptionsValuationAssumptionsTableTextBlock_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ScheduleOfShareBasedPaymentAwardStockOptionsValuationAssumptionsTableTextBlock_lbl" xml:lang="en-US"> SCHEDULE OF FAIR VALUE OF STOCK OPTION ASSUMPTIONS </link:label>

<link:loc xlink:type="locator" xlink:href="phil-20220630.xsd#PHIL_ScheduleOfFairValueOfStockOptionIssuanceDateTableTextBlock" xlink:label="PHIL_ScheduleOfFairValueOfStockOptionIssuanceDateTableTextBlock"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PHIL_ScheduleOfFairValueOfStockOptionIssuanceDateTableTextBlock" xlink:to="PHIL_ScheduleOfFairValueOfStockOptionIssuanceDateTableTextBlock_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="PHIL_ScheduleOfFairValueOfStockOptionIssuanceDateTableTextBlock_lbl" xml:lang="en-US"> SCHEDULE OF FAIR VALUE OF STOCK OPTION ISSUANCE DATE </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_ScheduleOfOtherNonoperatingIncomeExpenseTableTextBlock" xlink:label="us-gaap_ScheduleOfOtherNonoperatingIncomeExpenseTableTextBlock"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ScheduleOfOtherNonoperatingIncomeExpenseTableTextBlock" xlink:to="us-gaap_ScheduleOfOtherNonoperatingIncomeExpenseTableTextBlock_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ScheduleOfOtherNonoperatingIncomeExpenseTableTextBlock_lbl" xml:lang="en-US"> SCHEDULE OF OTHER INCOME (EXPENSE) </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NetIncomeLoss" xlink:to="us-gaap_NetIncomeLoss_4_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_NetIncomeLoss_4_lbl" xml:lang="en-US"> Net income (loss): </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_WeightedAverageNumberOfSharesOutstandingBasic_2_lbl" xml:lang="en-US"> Basic weighted average number of common shares outstanding: </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_EarningsPerShareBasic" xlink:to="us-gaap_EarningsPerShareBasic_2_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_EarningsPerShareBasic_2_lbl" xml:lang="en-US"> Basic net income per share </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_2_lbl" xml:lang="en-US"> Diluted weighted average number of common shares outstanding: </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_EarningsPerShareDiluted" xlink:to="us-gaap_EarningsPerShareDiluted_2_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_EarningsPerShareDiluted_2_lbl" xml:lang="en-US"> Diluted net income (loss) per share: </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_EquityMethodInvestmentOwnershipPercentage" xlink:label="us-gaap_EquityMethodInvestmentOwnershipPercentage"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_EquityMethodInvestmentOwnershipPercentage" xlink:to="us-gaap_EquityMethodInvestmentOwnershipPercentage_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_EquityMethodInvestmentOwnershipPercentage_lbl" xml:lang="en-US"> Equity Method Investment, Ownership Percentage </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardPercentageOfOutstandingStockMaximum" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardPercentageOfOutstandingStockMaximum"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardPercentageOfOutstandingStockMaximum" xlink:to="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardPercentageOfOutstandingStockMaximum_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardPercentageOfOutstandingStockMaximum_lbl" xml:lang="en-US"> Share-Based Compensation Arrangement by Share-Based Payment Award, Percentage of Outstanding Stock Maximum </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_MarketableSecuritiesCurrent_2_lbl" xml:lang="en-US"> Marketable Securities, Current </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_AdvertisingExpense" xlink:label="us-gaap_AdvertisingExpense"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AdvertisingExpense" xlink:to="us-gaap_AdvertisingExpense_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AdvertisingExpense_lbl" xml:lang="en-US"> Advertising Expense </link:label>

<link:loc xlink:type="locator" xlink:href="phil-20220630.xsd#PHIL_AdvertisingAndInvestorExpense" xlink:label="PHIL_AdvertisingAndInvestorExpense"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PHIL_AdvertisingAndInvestorExpense" xlink:to="PHIL_AdvertisingAndInvestorExpense_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="PHIL_AdvertisingAndInvestorExpense_lbl" xml:lang="en-US"> Advertising and investor expense </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_2_lbl" xml:lang="en-US"> Accumulated Other Comprehensive Income (Loss), Net of Tax </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_ScheduleOfDefinedBenefitPlansDisclosuresTable" xlink:label="us-gaap_ScheduleOfDefinedBenefitPlansDisclosuresTable"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ScheduleOfDefinedBenefitPlansDisclosuresTable" xlink:to="us-gaap_ScheduleOfDefinedBenefitPlansDisclosuresTable_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ScheduleOfDefinedBenefitPlansDisclosuresTable_lbl" xml:lang="en-US"> Schedule of Defined Benefit Plans Disclosures [Table] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_DefinedBenefitPlanDisclosureLineItems" xlink:label="us-gaap_DefinedBenefitPlanDisclosureLineItems"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DefinedBenefitPlanDisclosureLineItems" xlink:to="us-gaap_DefinedBenefitPlanDisclosureLineItems_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DefinedBenefitPlanDisclosureLineItems_lbl" xml:lang="en-US"> Defined Benefit Plan Disclosure [Line Items] </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LongTermInvestments" xlink:to="us-gaap_LongTermInvestments_2_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_LongTermInvestments_2_lbl" xml:lang="en-US"> Total Other Assets </link:label>

<link:loc xlink:type="locator" xlink:href="phil-20220630.xsd#PHIL_NumberOfMarketableSecuritiesAvailableForSale" xlink:label="PHIL_NumberOfMarketableSecuritiesAvailableForSale"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PHIL_NumberOfMarketableSecuritiesAvailableForSale" xlink:to="PHIL_NumberOfMarketableSecuritiesAvailableForSale_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="PHIL_NumberOfMarketableSecuritiesAvailableForSale_lbl" xml:lang="en-US"> Number of marketable securities available for sale </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_StockIssuedDuringPeriodSharesNewIssues_2_lbl" xml:lang="en-US"> Stock Issued During Period, Shares, New Issues </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_StockIssuedDuringPeriodValueNewIssues_2_lbl" xml:lang="en-US"> Stock Issued During Period, Value, New Issues </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_StockIssuedDuringPeriodSharesIssuedForServices_2_lbl" xml:lang="en-US"> Stock Issued During Period, Shares, Issued for Services </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_StockIssuedDuringPeriodValueIssuedForServices_2_lbl" xml:lang="en-US"> Stock Issued During Period, Value, Issued for Services </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_Investments" xlink:label="us-gaap_Investments"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_Investments" xlink:to="us-gaap_Investments_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_Investments_lbl" xml:lang="en-US"> Investments </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_StockIssued1" xlink:label="us-gaap_StockIssued1"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StockIssued1" xlink:to="us-gaap_StockIssued1_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_StockIssued1_lbl" xml:lang="en-US"> Stock Issued </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_ContractWithCustomerLiability" xlink:label="us-gaap_ContractWithCustomerLiability"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ContractWithCustomerLiability" xlink:to="us-gaap_ContractWithCustomerLiability_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_ContractWithCustomerLiability_lbl" xml:lang="en-US"> Advances from customers </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_LiabilitiesCurrent" xlink:label="us-gaap_LiabilitiesCurrent"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LiabilitiesCurrent" xlink:to="us-gaap_LiabilitiesCurrent_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_LiabilitiesCurrent_lbl" xml:lang="en-US"> Total Current Liabilities </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_ScheduleOfShortTermDebtTable" xlink:label="us-gaap_ScheduleOfShortTermDebtTable"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ScheduleOfShortTermDebtTable" xlink:to="us-gaap_ScheduleOfShortTermDebtTable_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ScheduleOfShortTermDebtTable_lbl" xml:lang="en-US"> Schedule of Short-Term Debt [Table] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_ShortTermDebtLineItems" xlink:label="us-gaap_ShortTermDebtLineItems"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShortTermDebtLineItems" xlink:to="us-gaap_ShortTermDebtLineItems_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ShortTermDebtLineItems_lbl" xml:lang="en-US"> Short-Term Debt [Line Items] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_AccruedSalariesCurrent" xlink:label="us-gaap_AccruedSalariesCurrent"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AccruedSalariesCurrent" xlink:to="us-gaap_AccruedSalariesCurrent_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AccruedSalariesCurrent_lbl" xml:lang="en-US"> Accrued Salaries, Current </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_InterestPayableCurrent" xlink:label="us-gaap_InterestPayableCurrent"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InterestPayableCurrent" xlink:to="us-gaap_InterestPayableCurrent_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_InterestPayableCurrent_lbl" xml:lang="en-US"> Interest Payable, Current </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShortTermBorrowings" xlink:to="us-gaap_ShortTermBorrowings_2_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_ShortTermBorrowings_2_lbl" xml:lang="en-US"> Short-Term Debt </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_ConvertibleNotesPayableCurrent_2_lbl" xml:lang="en-US"> Convertible Notes Payable, Current </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_ContractWithCustomerLiabilityCurrent_2_lbl" xml:lang="en-US"> Contract with Customer, Liability, Current </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_SettlementLiabilitiesCurrent_2_lbl" xml:lang="en-US"> Settlement Liabilities, Current </link:label>

<link:loc xlink:type="locator" xlink:href="phil-20220630.xsd#PHIL_RealEstateSubfund" xlink:label="PHIL_RealEstateSubfund"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PHIL_RealEstateSubfund" xlink:to="PHIL_RealEstateSubfund_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="PHIL_RealEstateSubfund_lbl" xml:lang="en-US"> Real estate sub-fund </link:label>

<link:loc xlink:type="locator" xlink:href="phil-20220630.xsd#PHIL_OwnershipPercentageOfSubfundParticipants" xlink:label="PHIL_OwnershipPercentageOfSubfundParticipants"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PHIL_OwnershipPercentageOfSubfundParticipants" xlink:to="PHIL_OwnershipPercentageOfSubfundParticipants_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="PHIL_OwnershipPercentageOfSubfundParticipants_lbl" xml:lang="en-US"> Ownership percentage of sub-fund participants </link:label>

<link:loc xlink:type="locator" xlink:href="phil-20220630.xsd#PHIL_ContributionForOwnershipPercentage" xlink:label="PHIL_ContributionForOwnershipPercentage"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PHIL_ContributionForOwnershipPercentage" xlink:to="PHIL_ContributionForOwnershipPercentage_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="PHIL_ContributionForOwnershipPercentage_lbl" xml:lang="en-US"> Contribution for ownership percentage </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_ScheduleOfDeferredCompensationArrangementWithIndividualExcludingShareBasedPaymentsAndPostretirementBenefitsByTitleOfIndividualAndByTypeOfDeferredCompensationTable" xlink:label="us-gaap_ScheduleOfDeferredCompensationArrangementWithIndividualExcludingShareBasedPaymentsAndPostretirementBenefitsByTitleOfIndividualAndByTypeOfDeferredCompensationTable"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ScheduleOfDeferredCompensationArrangementWithIndividualExcludingShareBasedPaymentsAndPostretirementBenefitsByTitleOfIndividualAndByTypeOfDeferredCompensationTable" xlink:to="us-gaap_ScheduleOfDeferredCompensationArrangementWithIndividualExcludingShareBasedPaymentsAndPostretirementBenefitsByTitleOfIndividualAndByTypeOfDeferredCompensationTable_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ScheduleOfDeferredCompensationArrangementWithIndividualExcludingShareBasedPaymentsAndPostretirementBenefitsByTitleOfIndividualAndByTypeOfDeferredCompensationTable_lbl" xml:lang="en-US"> Schedule of Deferred Compensation Arrangement with Individual, Excluding Share-Based Payments and Postretirement Benefits, by Title of Individual and by Type of Deferred Compensation [Table] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_DeferredCompensationArrangementWithIndividualExcludingShareBasedPaymentsAndPostretirementBenefitsLineItems" xlink:label="us-gaap_DeferredCompensationArrangementWithIndividualExcludingShareBasedPaymentsAndPostretirementBenefitsLineItems"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DeferredCompensationArrangementWithIndividualExcludingShareBasedPaymentsAndPostretirementBenefitsLineItems" xlink:to="us-gaap_DeferredCompensationArrangementWithIndividualExcludingShareBasedPaymentsAndPostretirementBenefitsLineItems_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DeferredCompensationArrangementWithIndividualExcludingShareBasedPaymentsAndPostretirementBenefitsLineItems_lbl" xml:lang="en-US"> Deferred Compensation Arrangement with Individual, Excluding Share-Based Payments and Postretirement Benefits [Line Items] </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_DueToOfficersOrStockholdersCurrent_2_lbl" xml:lang="en-US"> Total </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_DueToOfficersOrStockholdersCurrent_3_lbl" xml:lang="en-US"> Due to Officers or Stockholders, Current </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_NotesPayableCurrent" xlink:label="us-gaap_NotesPayableCurrent"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NotesPayableCurrent" xlink:to="us-gaap_NotesPayableCurrent_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_NotesPayableCurrent_lbl" xml:lang="en-US"> Notes Payable, Current </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_DebtInstrumentInterestRateStatedPercentage" xlink:label="us-gaap_DebtInstrumentInterestRateStatedPercentage"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DebtInstrumentInterestRateStatedPercentage" xlink:to="us-gaap_DebtInstrumentInterestRateStatedPercentage_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DebtInstrumentInterestRateStatedPercentage_lbl" xml:lang="en-US"> Debt Instrument, Interest Rate, Stated Percentage </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_DerivativeLiabilitiesCurrent_2_lbl" xml:lang="en-US"> Derivative Liability, Current </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_AccruedPayrollTaxesCurrentAndNoncurrent" xlink:label="us-gaap_AccruedPayrollTaxesCurrentAndNoncurrent"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AccruedPayrollTaxesCurrentAndNoncurrent" xlink:to="us-gaap_AccruedPayrollTaxesCurrentAndNoncurrent_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AccruedPayrollTaxesCurrentAndNoncurrent_lbl" xml:lang="en-US"> Accrued Payroll Taxes </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_PreferredStockDividendRatePercentage" xlink:label="us-gaap_PreferredStockDividendRatePercentage"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PreferredStockDividendRatePercentage" xlink:to="us-gaap_PreferredStockDividendRatePercentage_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PreferredStockDividendRatePercentage_lbl" xml:lang="en-US"> Preferred Stock, Dividend Rate, Percentage </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_ConversionOfStockDescription" xlink:label="us-gaap_ConversionOfStockDescription"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ConversionOfStockDescription" xlink:to="us-gaap_ConversionOfStockDescription_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ConversionOfStockDescription_lbl" xml:lang="en-US"> Conversion of Stock, Description </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_ConvertiblePreferredStockSharesIssuedUponConversion" xlink:label="us-gaap_ConvertiblePreferredStockSharesIssuedUponConversion"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ConvertiblePreferredStockSharesIssuedUponConversion" xlink:to="us-gaap_ConvertiblePreferredStockSharesIssuedUponConversion_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ConvertiblePreferredStockSharesIssuedUponConversion_lbl" xml:lang="en-US"> Convertible Preferred Stock, Shares Issued upon Conversion </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_PreferredStockConvertibleConversionRatio" xlink:label="us-gaap_PreferredStockConvertibleConversionRatio"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PreferredStockConvertibleConversionRatio" xlink:to="us-gaap_PreferredStockConvertibleConversionRatio_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PreferredStockConvertibleConversionRatio_lbl" xml:lang="en-US"> Preferred Stock, Convertible, Conversion Ratio </link:label>

<link:loc xlink:type="locator" xlink:href="phil-20220630.xsd#PHIL_PurchasePricePercentage" xlink:label="PHIL_PurchasePricePercentage"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PHIL_PurchasePricePercentage" xlink:to="PHIL_PurchasePricePercentage_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="PHIL_PurchasePricePercentage_lbl" xml:lang="en-US"> Purchase price percentage </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_PreferredStockVotingRights" xlink:label="us-gaap_PreferredStockVotingRights"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PreferredStockVotingRights" xlink:to="us-gaap_PreferredStockVotingRights_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PreferredStockVotingRights_lbl" xml:lang="en-US"> Preferred Stock, Voting Rights </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_AccumulatedOtherComprehensiveIncomeLossTable" xlink:label="us-gaap_AccumulatedOtherComprehensiveIncomeLossTable"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AccumulatedOtherComprehensiveIncomeLossTable" xlink:to="us-gaap_AccumulatedOtherComprehensiveIncomeLossTable_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AccumulatedOtherComprehensiveIncomeLossTable_lbl" xml:lang="en-US"> Accumulated Other Comprehensive Income (Loss) [Table] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_AccumulatedOtherComprehensiveIncomeLossLineItems" xlink:label="us-gaap_AccumulatedOtherComprehensiveIncomeLossLineItems"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AccumulatedOtherComprehensiveIncomeLossLineItems" xlink:to="us-gaap_AccumulatedOtherComprehensiveIncomeLossLineItems_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AccumulatedOtherComprehensiveIncomeLossLineItems_lbl" xml:lang="en-US"> Accumulated Other Comprehensive Income (Loss) [Line Items] </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_StockIssuedDuringPeriodSharesNewIssues_3_lbl" xml:lang="en-US"> Number of shares Issuances/ Outstanding </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_StockIssuedDuringPeriodSharesShareBasedCompensationForfeited" xlink:label="us-gaap_StockIssuedDuringPeriodSharesShareBasedCompensationForfeited"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StockIssuedDuringPeriodSharesShareBasedCompensationForfeited" xlink:to="us-gaap_StockIssuedDuringPeriodSharesShareBasedCompensationForfeited_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_StockIssuedDuringPeriodSharesShareBasedCompensationForfeited_lbl" xml:lang="en-US"> Number of shares Issuances/ Cancellations </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_StockIssuedDuringPeriodSharesShareBasedCompensationForfeited_2_lbl" xml:lang="en-US"> Shares Issued, Shares, Share-Based Payment Arrangement, Forfeited </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_TreasuryStockValue" xlink:to="us-gaap_TreasuryStockValue_2_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_TreasuryStockValue_2_lbl" xml:lang="en-US"> Treasury Stock, Value </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_PreferredStockSharesOutstanding_2_lbl" xml:lang="en-US"> Preferred stock, shares outstanding </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate" xlink:to="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate_lbl" xml:lang="en-US"> Share-Based Compensation Arrangement by Share-Based Payment Award, Fair Value Assumptions, Risk Free Interest Rate </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1" xlink:label="us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1" xlink:to="us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1_lbl" xml:lang="en-US"> Share-Based Compensation Arrangement by Share-Based Payment Award, Fair Value Assumptions, Expected Term </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate" xlink:to="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate_lbl" xml:lang="en-US"> Share-Based Compensation Arrangement by Share-Based Payment Award, Fair Value Assumptions, Expected Volatility Rate </link:label>

<link:loc xlink:type="locator" xlink:href="phil-20220630.xsd#PHIL_ShareBasedCompensationArrangementByShareBasedPaymentAwardIssuanceDate" xlink:label="PHIL_ShareBasedCompensationArrangementByShareBasedPaymentAwardIssuanceDate"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PHIL_ShareBasedCompensationArrangementByShareBasedPaymentAwardIssuanceDate" xlink:to="PHIL_ShareBasedCompensationArrangementByShareBasedPaymentAwardIssuanceDate_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="PHIL_ShareBasedCompensationArrangementByShareBasedPaymentAwardIssuanceDate_lbl" xml:lang="en-US"> Stock Options, Issue Date </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardExpirationDate" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardExpirationDate"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardExpirationDate" xlink:to="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardExpirationDate_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardExpirationDate_lbl" xml:lang="en-US"> Share-Based Compensation Arrangement by Share-Based Payment Award, Expiration Date </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber" xlink:to="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_lbl" xlink:type="arc"/>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice" xlink:to="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice_lbl" xml:lang="en-US"> Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Outstanding, Weighted Average Exercise Price </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1" xlink:label="us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1" xlink:to="us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1_lbl" xlink:type="arc"/>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_EmployeeStockOwnershipPlanESOPNumberOfAllocatedShares" xlink:label="us-gaap_EmployeeStockOwnershipPlanESOPNumberOfAllocatedShares"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_EmployeeStockOwnershipPlanESOPNumberOfAllocatedShares" xlink:to="us-gaap_EmployeeStockOwnershipPlanESOPNumberOfAllocatedShares_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_EmployeeStockOwnershipPlanESOPNumberOfAllocatedShares_lbl" xml:lang="en-US"> Employee Stock Ownership Plan (ESOP), Number of Allocated Shares </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice" xlink:label="us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice" xlink:to="us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice_lbl" xml:lang="en-US"> Share-Based Compensation Arrangements by Share-Based Payment Award, Options, Grants in Period, Weighted Average Exercise Price </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross" xlink:to="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross_lbl" xml:lang="en-US"> Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Grants in Period, Gross </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2" xlink:label="us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2" xlink:to="us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2_lbl" xml:lang="en-US"> Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Outstanding, Weighted Average Remaining Contractual Term </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1" xlink:label="us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1" xlink:to="us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1_lbl" xml:lang="en-US"> Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Exercisable, Weighted Average Remaining Contractual Term </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_OtherNonoperatingIncomeExpense" xlink:label="us-gaap_OtherNonoperatingIncomeExpense"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OtherNonoperatingIncomeExpense" xlink:to="us-gaap_OtherNonoperatingIncomeExpense_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_OtherNonoperatingIncomeExpense_lbl" xml:lang="en-US"> Other income </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_OtherExpenses" xlink:label="us-gaap_OtherExpenses"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OtherExpenses" xlink:to="us-gaap_OtherExpenses_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_OtherExpenses_lbl" xml:lang="en-US"> Net other income/expense </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_NonoperatingIncomeExpense_2_lbl" xml:lang="en-US"> NET OTHER INCOME (EXPENSES) </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_AccruedSalariesCurrentAndNoncurrent" xlink:label="us-gaap_AccruedSalariesCurrentAndNoncurrent"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AccruedSalariesCurrentAndNoncurrent" xlink:to="us-gaap_AccruedSalariesCurrentAndNoncurrent_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AccruedSalariesCurrentAndNoncurrent_lbl" xml:lang="en-US"> Accrued Salaries </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_OperatingLossCarryforwards" xlink:label="us-gaap_OperatingLossCarryforwards"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OperatingLossCarryforwards" xlink:to="us-gaap_OperatingLossCarryforwards_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OperatingLossCarryforwards_lbl" xml:lang="en-US"> Operating Loss Carryforwards </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_OperatingLossCarryforwardsLimitationsOnUse" xlink:label="us-gaap_OperatingLossCarryforwardsLimitationsOnUse"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OperatingLossCarryforwardsLimitationsOnUse" xlink:to="us-gaap_OperatingLossCarryforwardsLimitationsOnUse_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OperatingLossCarryforwardsLimitationsOnUse_lbl" xml:lang="en-US"> Operating Loss Carryforwards, Limitations on Use </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_ConversionOfStockSharesConverted1" xlink:label="us-gaap_ConversionOfStockSharesConverted1"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ConversionOfStockSharesConverted1" xlink:to="us-gaap_ConversionOfStockSharesConverted1_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ConversionOfStockSharesConverted1_lbl" xml:lang="en-US"> Conversion of Stock, Shares Converted </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_RealEstateInvestments" xlink:label="us-gaap_RealEstateInvestments"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RealEstateInvestments" xlink:to="us-gaap_RealEstateInvestments_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_RealEstateInvestments_lbl" xml:lang="en-US"> Real Estate Investments, Net </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_DebtInstrumentFaceAmount" xlink:label="us-gaap_DebtInstrumentFaceAmount"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DebtInstrumentFaceAmount" xlink:to="us-gaap_DebtInstrumentFaceAmount_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DebtInstrumentFaceAmount_lbl" xml:lang="en-US"> Debt Instrument, Face Amount </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_DebtInstrumentTerm" xlink:label="us-gaap_DebtInstrumentTerm"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DebtInstrumentTerm" xlink:to="us-gaap_DebtInstrumentTerm_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DebtInstrumentTerm_lbl" xml:lang="en-US"> Debt Instrument, Term </link:label>

<link:loc xlink:type="locator" xlink:href="phil-20220630.xsd#PHIL_DebtInstrumentGracePeriod" xlink:label="PHIL_DebtInstrumentGracePeriod"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PHIL_DebtInstrumentGracePeriod" xlink:to="PHIL_DebtInstrumentGracePeriod_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="PHIL_DebtInstrumentGracePeriod_lbl" xml:lang="en-US"> Debt grace period </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_DebtInstrumentCollateral" xlink:label="us-gaap_DebtInstrumentCollateral"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DebtInstrumentCollateral" xlink:to="us-gaap_DebtInstrumentCollateral_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DebtInstrumentCollateral_lbl" xml:lang="en-US"> Debt Instrument, Collateral </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_BusinessAcquisitionCostOfAcquiredEntityTransactionCosts" xlink:label="us-gaap_BusinessAcquisitionCostOfAcquiredEntityTransactionCosts"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_BusinessAcquisitionCostOfAcquiredEntityTransactionCosts" xlink:to="us-gaap_BusinessAcquisitionCostOfAcquiredEntityTransactionCosts_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_BusinessAcquisitionCostOfAcquiredEntityTransactionCosts_lbl" xml:lang="en-US"> Business Acquisition, Transaction Costs </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_SharesIssuedPricePerShare" xlink:label="us-gaap_SharesIssuedPricePerShare"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SharesIssuedPricePerShare" xlink:to="us-gaap_SharesIssuedPricePerShare_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_SharesIssuedPricePerShare_lbl" xml:lang="en-US"> Shares Issued, Price Per Share </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_AreaOfLand" xlink:label="us-gaap_AreaOfLand"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AreaOfLand" xlink:to="us-gaap_AreaOfLand_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AreaOfLand_lbl" xml:lang="en-US"> Area of Land </link:label>

<link:loc xlink:type="locator" xlink:href="phil-20220630.xsd#PHIL_AnnualRevenues" xlink:label="PHIL_AnnualRevenues"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PHIL_AnnualRevenues" xlink:to="PHIL_AnnualRevenues_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="PHIL_AnnualRevenues_lbl" xml:lang="en-US"> Annual revenues </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_RetainedEarningsAccumulatedDeficit_2_lbl" xml:lang="en-US"> Retained Earnings (Accumulated Deficit) </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StockholdersEquity" xlink:to="us-gaap_StockholdersEquity_4_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_StockholdersEquity_4_lbl" xml:lang="en-US"> Stockholders' Equity Attributable to Parent </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_SubsequentEventTable" xlink:label="us-gaap_SubsequentEventTable"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SubsequentEventTable" xlink:to="us-gaap_SubsequentEventTable_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_SubsequentEventTable_lbl" xml:lang="en-US"> Subsequent Event [Table] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_SubsequentEventLineItems" xlink:label="us-gaap_SubsequentEventLineItems"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SubsequentEventLineItems" xlink:to="us-gaap_SubsequentEventLineItems_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_SubsequentEventLineItems_lbl" xml:lang="en-US"> Subsequent Event [Line Items] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_InvestmentOwnedAtFairValue" xlink:label="us-gaap_InvestmentOwnedAtFairValue"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InvestmentOwnedAtFairValue" xlink:to="us-gaap_InvestmentOwnedAtFairValue_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_InvestmentOwnedAtFairValue_lbl" xml:lang="en-US"> Investment Owned, at Fair Value </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_InvestmentOwnedPercentOfNetAssets" xlink:label="us-gaap_InvestmentOwnedPercentOfNetAssets"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InvestmentOwnedPercentOfNetAssets" xlink:to="us-gaap_InvestmentOwnedPercentOfNetAssets_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_InvestmentOwnedPercentOfNetAssets_lbl" xml:lang="en-US"> Investment Owned, Percent of Net Assets </link:label>

<link:loc xlink:type="locator" xlink:href="phil-20220630.xsd#PHIL_InvestmentPercentage" xlink:label="PHIL_InvestmentPercentage"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PHIL_InvestmentPercentage" xlink:to="PHIL_InvestmentPercentage_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="PHIL_InvestmentPercentage_lbl" xml:lang="en-US"> Investment percent </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_InvestmentCompanyTotalReturnAfterIncentiveFees" xlink:label="us-gaap_InvestmentCompanyTotalReturnAfterIncentiveFees"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InvestmentCompanyTotalReturnAfterIncentiveFees" xlink:to="us-gaap_InvestmentCompanyTotalReturnAfterIncentiveFees_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_InvestmentCompanyTotalReturnAfterIncentiveFees_lbl" xml:lang="en-US"> Investment Company, Total Return after Incentive Fees </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="PHIL_DomesticationInStateTextBlock_doc" xml:lang="en-US"> Domestication In State [TextBlock] </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PHIL_VotingCommonStockMember" xlink:to="PHIL_VotingCommonStockMember_doc" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="PHIL_VotingCommonStockMember_doc" xml:lang="en-US"> Voting Common Stock [Member] </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PHIL_CommonStockToBeIssued" xlink:to="PHIL_CommonStockToBeIssued_doc" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="PHIL_CommonStockToBeIssued_doc" xml:lang="en-US"> Common Stock to be issued. </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="PHIL_NonVotingClassASeriesIPreferredStockMember_doc" xml:lang="en-US"> Non-voting Class A Series I Preferred Stock [Member] </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PHIL_CommonStockToBeCancelled" xlink:to="PHIL_CommonStockToBeCancelled_doc" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="PHIL_CommonStockToBeCancelled_doc" xml:lang="en-US"> Common Stock to be cancelled. </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="PHIL_NonVotingClassASeriesIIPreferredStockMember_doc" xml:lang="en-US"> Non-voting Class A Series II Preferred Stock [Member] </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="PHIL_NonVotingClassASeriesIIIPreferredStockMember_doc" xml:lang="en-US"> Non-voting Class A Series III Preferred Stock [Member] </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="PHIL_VotingClassASeriesIVPreferredStockMember_doc" xml:lang="en-US"> Voting Class A Series IV Preferred Stock [Member] </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="PHIL_ClassBSeriesIPreferredStockMember_doc" xml:lang="en-US"> Class B Series I Preferred Stock [Member] </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="PHIL_ClassASeriesICumulativeConvertibleRedeemablePreferredStockMember_doc" xml:lang="en-US"> Class A Series I Cumulative Convertible Redeemable Preferred Stock [Member] </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="PHIL_ClassASeriesIICumulativeConvertibleRedeemablePreferredStockMember_doc" xml:lang="en-US"> Class A Series II Cumulative Convertible Redeemable Preferred Stock [Member] </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="PHIL_ClassASeriesIIICumulativeConvertibleRedeemablePreferredStockMember_doc" xml:lang="en-US"> Class A Series III Cumulative, Convertible, Redeemable Preferred Stock [Member] </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="PHIL_ClassASeriesIVCumulativeConvertibleRedeemablePreferredStockMember_doc" xml:lang="en-US"> Class A Series IV Cumulative Convertible Redeemable Preferred Stock [Member] </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="PHIL_SubsidiaryPHIGroupIncMember_doc" xml:lang="en-US"> Subsidiary PHI Group Inc [Member] </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="PHIL_AmericanPacificPlasticsIncMember_doc" xml:lang="en-US"> American Pacific Plastics, Inc [Member] </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PHIL_PurchasePricePercentage" xlink:to="PHIL_PurchasePricePercentage_doc" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="PHIL_PurchasePricePercentage_doc" xml:lang="en-US"> Purchase price percentage. </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PHIL_BoardOfDirectorsMember" xlink:to="PHIL_BoardOfDirectorsMember_doc" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="PHIL_BoardOfDirectorsMember_doc" xml:lang="en-US"> Board of Directors [Member] </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="PHIL_AsiaDiamondExchangeIncMember_doc" xml:lang="en-US"> Asia Diamond Exchange, Inc. [Member] </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="PHIL_PHILuxembourgHoldingSAMember_doc" xml:lang="en-US"> PHI Luxembourg Holding SA [Member] </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PHIL_PHILUXGlobalFundsMember" xlink:to="PHIL_PHILUXGlobalFundsMember_doc" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="PHIL_PHILUXGlobalFundsMember_doc" xml:lang="en-US"> PHILUX Global Funds [Member] </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PHIL_AQuariusPowerIncMember" xlink:to="PHIL_AQuariusPowerIncMember_doc" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="PHIL_AQuariusPowerIncMember_doc" xml:lang="en-US"> AQuarius Power, Inc [Member] </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="PHIL_CommonStockIssuancesCancellationsDateOneMember_doc" xml:lang="en-US"> Common Stock Issuances Cancellations Date One [Member] </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="PHIL_CancelSharesFromLuanNgoMember_doc" xml:lang="en-US"> Cancel Shares From Luan Ngo [Member] </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="PHIL_CommonStockIssuancesCancellationsDateTwoMember_doc" xml:lang="en-US"> Common Stock Issuances Cancellations Date Two [Member] </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="PHIL_CommonStockIssuancesCancellationsDateThreeMember_doc" xml:lang="en-US"> Common Stock Issuances Cancellations Date Three [Member] </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PHIL_HenryFahmanMember" xlink:to="PHIL_HenryFahmanMember_doc" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="PHIL_HenryFahmanMember_doc" xml:lang="en-US"> Henry Fahman [Member] </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="PHIL_CommonStockIssuancesCancellationsDateFourMember_doc" xml:lang="en-US"> Common Stock Issuances Cancellations Date Four [Member] </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="PHIL_CommonStockIssuancesCancellationsDateFiveMember_doc" xml:lang="en-US"> Common Stock Issuances Cancellations Date Five [Member] </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PHIL_TinaPhanMember" xlink:to="PHIL_TinaPhanMember_doc" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="PHIL_TinaPhanMember_doc" xml:lang="en-US"> Tina Phan [Member] </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="PHIL_PayrollTaxLiabilitiesTextBlock_doc" xml:lang="en-US"> Payroll tax liabilities [Text Block] </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="PHIL_CommonStockIssuancesCancellationsDateSixMember_doc" xml:lang="en-US"> Common Stock Issuances Cancellations Date Six [Member] </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="PHIL_CommonStockIssuancesCancellationsDateSevenMember_doc" xml:lang="en-US"> Common Stock Issuances Cancellations Date Seven [Member] </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="PHIL_CommonStockIssuancesCancellationsDateNineMember_doc" xml:lang="en-US"> Common Stock Issuances Cancellations Date Nine [Member] </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="PHIL_CommonStockIssuancesCancellationsDateEightMember_doc" xml:lang="en-US"> Common Stock Issuances Cancellations Date Eight [Member] </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PHIL_DueToOfficersTextBlock" xlink:to="PHIL_DueToOfficersTextBlock_doc" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="PHIL_DueToOfficersTextBlock_doc" xml:lang="en-US"> Due to officers [Text Block] </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PHIL_TamBuiMember" xlink:to="PHIL_TamBuiMember_doc" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="PHIL_TamBuiMember_doc" xml:lang="en-US"> Tam Bui [Member] </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="PHIL_AdvertisingAndInvestorExpense_doc" xml:lang="en-US"> Advertising and investor expense. </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="PHIL_CommonStockIssuancesCancellationsDateTwentyThreeMember_doc" xml:lang="en-US"> Common Stock Issuances Cancellations Date Twenty Three [Member] </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="PHIL_CommonStockIssuancesCancellationsDateTwentyFiveMember_doc" xml:lang="en-US"> Common Stock Issuances Cancellations Date Twenty Five [Member] </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="PHIL_CommonStockIssuancesCancellationsDateTwentyFourMember_doc" xml:lang="en-US"> Common Stock Issuances Cancellations Date Twenty Four [Member] </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="PHIL_CommonStockIssuancesCancellationsDateTwentyTwoMember_doc" xml:lang="en-US"> Common Stock Issuances Cancellations Date Twenty Two [Member] </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="PHIL_CommonStockIssuancesCancellationsDateTwentyMember_doc" xml:lang="en-US"> Common Stock Issuances Cancellations Date Twenty [Member] </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="PHIL_CommonStockIssuancesCancellationsDateElevenMember_doc" xml:lang="en-US"> Common Stock Issuances Cancellations Date Eleven [Member] </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="PHIL_CommonStockIssuancesCancellationsDateTwelveMember_doc" xml:lang="en-US"> Common Stock Issuances Cancellations Date Twelve [Member] </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="PHIL_CommonStockIssuancesCancellationsDateThireenMember_doc" xml:lang="en-US"> Common Stock Issuances Cancellations Date Thirteen [Member] </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="PHIL_CommonStockIssuancesCancellationsDateFourteenMember_doc" xml:lang="en-US"> Common Stock Issuances Cancellations Date Fourteen [Member] </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="PHIL_CommonStockIssuancesCancellationsDateFifteenMember_doc" xml:lang="en-US"> Common Stock Issuances Cancellations Date Fifteen [Member] </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="PHIL_NumberOfMarketableSecuritiesAvailableForSale_doc" xml:lang="en-US"> Number of marketable securities available for sale. </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="PHIL_CommonStockIssuancesCancellationsDateSixteenMember_doc" xml:lang="en-US"> Common Stock Issuances Cancellations Date Sixteen [Member] </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="PHIL_CommonStockIssuancesCancellationsDateSeventeenMember_doc" xml:lang="en-US"> Common Stock Issuances Cancellations Date Seventeen [Member] </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="PHIL_CommonStockIssuancesCancellationsDateEighteenMember_doc" xml:lang="en-US"> Common Stock Issuances Cancellations Date Eighteen [Member] </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="PHIL_CommonStockIssuancesCancellationsDateNineteenMember_doc" xml:lang="en-US"> Common Stock Issuances Cancellations Date Nineteen [Member] </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="PHIL_SportsPouchBeverageCoMember_doc" xml:lang="en-US"> Sports Pouch Beverage Co [Member] </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="PHIL_CommonStockIssuancesCancellationsDateTwentyOneMember_doc" xml:lang="en-US"> Common Stock Issuances Cancellations Date Twenty One [Member] </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PHIL_MysonGroupIncMember" xlink:to="PHIL_MysonGroupIncMember_doc" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="PHIL_MysonGroupIncMember_doc" xml:lang="en-US"> Myson Group Inc [Member] </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="PHIL_CommonStockIssuancesCancellationsDateTwentySixMember_doc" xml:lang="en-US"> Common Stock Issuances Cancellations Date Twenty Six [Member] </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="PHIL_CommonStockIssuancesCancellationsDateTwentySevenMember_doc" xml:lang="en-US"> Common Stock Issuances Cancellations Date Twenty Seven [Member] </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="PHIL_CommonStockIssuancesCancellationsDateTwentyEightMember_doc" xml:lang="en-US"> Common Stock Issuances Cancellations Date Twenty Eight [Member] </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="PHIL_CommonStockIssuancesCancellationsDateTwentyNineMember_doc" xml:lang="en-US"> Common Stock Issuances Cancellations Date Twenty Nine [Member] </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="PHIL_CommonStockIssuancesCancellationsDateThirtyMember_doc" xml:lang="en-US"> Common Stock Issuances Cancellations Date Thirty [Member] </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="PHIL_CommonStockIssuancesCancellationsDateThirtyOneMember_doc" xml:lang="en-US"> Common Stock Issuances Cancellations Date Thirty One [Member] </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PHIL_GlimkGlobalGroupIncMember" xlink:to="PHIL_GlimkGlobalGroupIncMember_doc" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="PHIL_GlimkGlobalGroupIncMember_doc" xml:lang="en-US"> Glimk Global Group Inc [Member] </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PHIL_JohnnyParkMember" xlink:to="PHIL_JohnnyParkMember_doc" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="PHIL_JohnnyParkMember_doc" xml:lang="en-US"> Johnny Park [Member] </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="PHIL_PhiluxGlobalFundsSCASICARAIFMember_doc" xml:lang="en-US"> Philux Global Funds SCASICARAIF [Member] </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="PHIL_ConsultingServiceAgreementMember_doc" xml:lang="en-US"> Consulting Service Agreement [Member] </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PHIL_WhankukJeMember" xlink:to="PHIL_WhankukJeMember_doc" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="PHIL_WhankukJeMember_doc" xml:lang="en-US"> Whankuk Je [Member] </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PHIL_EMAFinancialLLCMember" xlink:to="PHIL_EMAFinancialLLCMember_doc" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="PHIL_EMAFinancialLLCMember_doc" xml:lang="en-US"> EMA FinancialLLC [Member] </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="PHIL_EuropeanPlasticJointStockCompanyMember_doc" xml:lang="en-US"> European Plastic Joint Stock Company [Member] </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="PHIL_SaigonPhoPalaceJointStockCompanyMember_doc" xml:lang="en-US"> Saigon Pho Palace Joint Stock Company [Member] </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PHIL_RealEstateSubfund" xlink:to="PHIL_RealEstateSubfund_doc" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="PHIL_RealEstateSubfund_doc" xml:lang="en-US"> Real estate sub-fund. </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PHIL_TeccoGroupMember" xlink:to="PHIL_TeccoGroupMember_doc" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="PHIL_TeccoGroupMember_doc" xml:lang="en-US"> Tecco Group [Member] </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="PHIL_OwnershipPercentageOfSubfundParticipants_doc" xml:lang="en-US"> Ownership percentage of sub-fund participants. </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PHIL_CraigMaukMember" xlink:to="PHIL_CraigMaukMember_doc" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="PHIL_CraigMaukMember_doc" xml:lang="en-US"> Craig Mauk [Member] </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PHIL_MastHillFundLPMember" xlink:to="PHIL_MastHillFundLPMember_doc" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="PHIL_MastHillFundLPMember_doc" xml:lang="en-US"> Mast Hill Fund LP [Member] </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="PHIL_ContributionForOwnershipPercentage_doc" xml:lang="en-US"> Contribution for ownership percentage. </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="PHIL_PoerUpLendingGroupLTDMember_doc" xml:lang="en-US"> Poer Up Lending Group LTD [Member] </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PHIL_SinhNguyenCoLtdMember" xlink:to="PHIL_SinhNguyenCoLtdMember_doc" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="PHIL_SinhNguyenCoLtdMember_doc" xml:lang="en-US"> Sinh Nguyen Co Ltd [Member] </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="PHIL_FirstFireGlobalOpportunitiesFundMember_doc" xml:lang="en-US"> FirstFire Global Opportunities Fund [Member] </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PHIL_DiagonalLeandingLLCMember" xlink:to="PHIL_DiagonalLeandingLLCMember_doc" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="PHIL_DiagonalLeandingLLCMember_doc" xml:lang="en-US"> 1800 Diagonal Leanding LLC [Member] </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PHIL_ThaiKieuTrinhMember" xlink:to="PHIL_ThaiKieuTrinhMember_doc" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="PHIL_ThaiKieuTrinhMember_doc" xml:lang="en-US"> Thai Kieu Trinh [Member] </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="PHIL_ShortTermNotesPayableMember_doc" xml:lang="en-US"> Short-term Notes Payable [Member] </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="PHIL_RegularShortTermNotesPayableMember_doc" xml:lang="en-US"> Regular Short-term Notes Payable [Member] </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PHIL_SBALoanMember" xlink:to="PHIL_SBALoanMember_doc" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="PHIL_SBALoanMember_doc" xml:lang="en-US"> SBA Loan [Member] </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="PHIL_ConvertiblePromissoryNotesMember_doc" xml:lang="en-US"> Convertible Promissory Notes [Member] </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="PHIL_DissolutionOfNevadaCorporationAndOperatingAsAWyomingCorporation_doc" xml:lang="en-US"> Dissolution Of Nevada Corporation And Operating As A Wyoming Corporation.[Text Block] </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="PHIL_ScheduleOfFairValueOfStockOptionIssuanceDateTableTextBlock_doc" xml:lang="en-US"> Schedule Of Fair Value Of Stock Option Issuance Date [Table Text Block] </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="PHIL_ShareBasedCompensationArrangementByShareBasedPaymentAwardIssuanceDate_doc" xml:lang="en-US"> Share-based Compensation Arrangement by Share-based Payment Award, Issuance Date. </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PHIL_FrankHawkinsMember" xlink:to="PHIL_FrankHawkinsMember_doc" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="PHIL_FrankHawkinsMember_doc" xml:lang="en-US"> Frank Hawkins [Member] </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="PHIL_PresidentChiefOperatingOfficerAndSecretaryMember_doc" xml:lang="en-US"> President, Chief Operating Officer and Secretary [Member] </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="PHIL_BusinessCooperationAgreementMember_doc" xml:lang="en-US"> Business Cooperation Agreement [Member] </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="PHIL_VinafilmsJointStockCompanyMember_doc" xml:lang="en-US"> Vinafilms JSC [Member] </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PHIL_StockSwapAgreementMember" xlink:to="PHIL_StockSwapAgreementMember_doc" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="PHIL_StockSwapAgreementMember_doc" xml:lang="en-US"> Stock Swap Agreement [Member] </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="PHIL_PHILUXCapitalAdvisorsIncMember_doc" xml:lang="en-US"> PHILUX Capital Advisors, Inc [Member] </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="PHIL_NetChangeDueToConversionOfNotes_doc" xml:lang="en-US"> Net change due to conversion of notes. </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="PHIL_IncreaseDecreaseInSubfundObligations_doc" xml:lang="en-US"> Sub-fund obligations. </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="PHIL_CommonStockToBeCancelledMember_doc" xml:lang="en-US"> Common Stock to be Cancelled [Member] </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="PHIL_StockIssuedDuringPeriodSharesPreviouslyPaidSubscription_doc" xml:lang="en-US"> Stock Issued during Period Shares Previously Paid Subscription </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PHIL_StockIssuedDuringPeriodPreferredSharesIssuedForLoanRepaymentShares" xlink:to="PHIL_StockIssuedDuringPeriodPreferredSharesIssuedForLoanRepaymentShares_doc" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="PHIL_StockIssuedDuringPeriodPreferredSharesIssuedForLoanRepaymentShares_doc" xml:lang="en-US"> Preferred Shares issued for loan repayment, shares. </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="PHIL_StockIssuedDuringPeriodValuePreviouslyPaidSubscription_doc" xml:lang="en-US"> Stock Issued During Period Value Previously Paid Subscription. </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="PHIL_StockIssuedDuringPeriodPreferredSharesIssuedForLoanRepayment_doc" xml:lang="en-US"> Preferred Shares issued for loan repayment. </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="PHIL_StockIssuedDuringSharesExerciseOfWarrants_doc" xml:lang="en-US"> Stock issued during shares exercise of warrants. </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="PHIL_GulfCooperationCouncilMember_doc" xml:lang="en-US"> Gulf Cooperation Council [Member] </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="PHIL_StockTransferAgreementMember_doc" xml:lang="en-US"> Stock Transfer Agreement [Member] </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PHIL_PartnershipAgreementMember" xlink:to="PHIL_PartnershipAgreementMember_doc" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="PHIL_PartnershipAgreementMember_doc" xml:lang="en-US"> Partnership Agreement [Member] </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PHIL_PurchaseAndSaleMember" xlink:to="PHIL_PurchaseAndSaleMember_doc" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="PHIL_PurchaseAndSaleMember_doc" xml:lang="en-US"> Purchase And Sale [Member] </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PHIL_VanPhatDatJointStockMember" xlink:to="PHIL_VanPhatDatJointStockMember_doc" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="PHIL_VanPhatDatJointStockMember_doc" xml:lang="en-US"> Van Phat Dat Joint Stock [Member] </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="PHIL_FinancialInvestmentManagementAgreementMember_doc" xml:lang="en-US"> Financial Investment Management Agreement [Member] </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PHIL_MrTranDinhQuyenMember" xlink:to="PHIL_MrTranDinhQuyenMember_doc" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="PHIL_MrTranDinhQuyenMember_doc" xml:lang="en-US"> Mr Tran Dinh Quyen [Member] </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="PHIL_AsiaDiamondExchangeDevelopmentCosts_doc" xml:lang="en-US"> Asia diamond exchange development costs. </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="PHIL_StockIssuedDuringPeriodValueAccruedSalaries_doc" xml:lang="en-US"> Stock issued during period value accrued salaries. </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="PHIL_StockIssuedDuringPeriodSharesAccruedSalaries_doc" xml:lang="en-US"> Stock issued during period shares accrued salaries. </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="PHIL_StockIssuedDuringValueExerciseOfWarrants_doc" xml:lang="en-US"> Stock issued during value exercise of warrants. </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PHIL_InvestmentPercentage" xlink:to="PHIL_InvestmentPercentage_doc" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="PHIL_InvestmentPercentage_doc" xml:lang="en-US"> Investment percent. </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="PHIL_IncreaseDecreaseInMarketableSecurities_doc" xml:lang="en-US"> Increase decrease in marketable securities. </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="PHIL_CommonStockIssuancesCancellationsDateTenMember_doc" xml:lang="en-US"> Common Stock Issuances Cancellations Date Ten [Member] </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="PHIL_RegularShortTermNotesMember_doc" xml:lang="en-US"> Regular Short-Term Notes [Member] </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="PHIL_InvestmentAgreementandRegistrationRightsAgreementMember_doc" xml:lang="en-US"> Investment Agreement and Registration Rights Agreement [Member] </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="PHIL_FiveGrainTreasureSpiritsCoLtdMember_doc" xml:lang="en-US"> Five-Grain Treasure Spirits Co., Ltd [Member] </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="PHIL_AgreementOfPurchaseAndSaleMember_doc" xml:lang="en-US"> Agreement of Purchase and Sale [Member] </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PHIL_LoanAgreementMember" xlink:to="PHIL_LoanAgreementMember_doc" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="PHIL_LoanAgreementMember_doc" xml:lang="en-US"> Loan Agreement [Member] </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="PHIL_NeokFinancialIncorporatedMember_doc" xml:lang="en-US"> Neok Financial Incorporated [Member] </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PHIL_ContractAgreementMember" xlink:to="PHIL_ContractAgreementMember_doc" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="PHIL_ContractAgreementMember_doc" xml:lang="en-US"> Contract Agreement [Member] </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PHIL_HajFinanceGroupMember" xlink:to="PHIL_HajFinanceGroupMember_doc" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="PHIL_HajFinanceGroupMember_doc" xml:lang="en-US"> Haj Finance Group [Member] </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PHIL_DebtInstrumentGracePeriod" xlink:to="PHIL_DebtInstrumentGracePeriod_doc" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="PHIL_DebtInstrumentGracePeriod_doc" xml:lang="en-US"> Debt grace period. </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PHIL_GezaHoldingAGMember" xlink:to="PHIL_GezaHoldingAGMember_doc" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="PHIL_GezaHoldingAGMember_doc" xml:lang="en-US"> Geza Holding AG [Member] </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PHIL_KotaConstructionLLCMember" xlink:to="PHIL_KotaConstructionLLCMember_doc" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="PHIL_KotaConstructionLLCMember_doc" xml:lang="en-US"> Kota Construction LLC [Member] </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="PHIL_AlAqelAndPartnersInvestmentLlcMember_doc" xml:lang="en-US"> Al Aqel and Partners Investment LLC [Member] </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="PHIL_ArabLeagueInvestmentGroupMember_doc" xml:lang="en-US"> Arab League Investment Group [Member] </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="PHIL_PurchaseAndSalesAgreementMember_doc" xml:lang="en-US"> Purchase and Sales Agreement [Member] </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="PHIL_AmericanPacificResourcesIncMember_doc" xml:lang="en-US"> American Pacific Resources, Inc [Member] </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="PHIL_SiennalynGoldMiningCorporationMember_doc" xml:lang="en-US"> Siennalyn Gold Mining Corporation [Member] </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PHIL_AnnualRevenues" xlink:to="PHIL_AnnualRevenues_doc" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="PHIL_AnnualRevenues_doc" xml:lang="en-US"> Annual revenues. </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AssetsCurrent" xlink:to="us-gaap_AssetsCurrent_2_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AssetsCurrent_2_lbl" xml:lang="en-US"> Assets, Current </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_Assets" xlink:to="us-gaap_Assets_2_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_Assets_2_lbl" xml:lang="en-US"> Assets </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_Liabilities" xlink:to="us-gaap_Liabilities_2_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_Liabilities_2_lbl" xml:lang="en-US"> Liabilities </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PHIL_CommonStockToBeCancelled" xlink:to="PHIL_CommonStockToBeCancelled_3_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="PHIL_CommonStockToBeCancelled_3_lbl" xml:lang="en-US"> Common Stock to be cancelled </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StockholdersEquity" xlink:to="us-gaap_StockholdersEquity_5_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_StockholdersEquity_5_lbl" xml:lang="en-US"> Stockholders' Equity Attributable to Parent </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_LiabilitiesAndStockholdersEquity_2_lbl" xml:lang="en-US"> Liabilities and Equity </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OperatingExpenses" xlink:to="us-gaap_OperatingExpenses_2_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OperatingExpenses_2_lbl" xml:lang="en-US"> Operating Expenses </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OperatingIncomeLoss" xlink:to="us-gaap_OperatingIncomeLoss_2_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OperatingIncomeLoss_2_lbl" xml:lang="en-US"> Operating Income (Loss) </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InterestExpense" xlink:to="us-gaap_InterestExpense_2_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_InterestExpense_2_lbl" xml:lang="en-US"> Interest Expense </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OtherNonoperatingExpense_2_lbl" xml:lang="en-US"> Other Nonoperating Expense </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DerivativeGainLossOnDerivativeNet_2_lbl" xml:lang="en-US"> Derivative, Gain (Loss) on Derivative, Net </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="PHIL_NetChangeDueToConversionOfNotes_3_lbl" xml:lang="en-US"> Net change due to conversion of notes </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="PHIL_IncreaseDecreaseInMarketableSecurities_3_lbl" xml:lang="en-US"> IncreaseDecreaseInMarketableSecurities </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncreaseDecreaseInDeferredCharges_2_lbl" xml:lang="en-US"> Increase (Decrease) in Deferred Charges </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets" xlink:to="us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets_2_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets_2_lbl" xml:lang="en-US"> Increase (Decrease) in Prepaid Expense and Other Assets </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncreaseDecreaseInAccountsPayable_2_lbl" xml:lang="en-US"> Increase (Decrease) in Accounts Payable </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="PHIL_IncreaseDecreaseInSubfundObligations_3_lbl" xml:lang="en-US"> Sub-fund obligations. </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncreaseDecreaseInAccruedLiabilities_2_lbl" xml:lang="en-US"> Increase (Decrease) in Accrued Liabilities </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncreaseDecreaseInContractWithCustomerLiability_2_lbl" xml:lang="en-US"> Increase (Decrease) in Contract with Customer, Liability </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities" xlink:to="us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities_2_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities_2_lbl" xml:lang="en-US"> Increase (Decrease) in Accounts Payable and Accrued Liabilities </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_NetCashProvidedByUsedInOperatingActivities_2_lbl" xml:lang="en-US"> Net Cash Provided by (Used in) Operating Activities </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_NetCashProvidedByUsedInFinancingActivities_2_lbl" xml:lang="en-US"> Net Cash Provided by (Used in) Financing Activities </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect_2_lbl" xml:lang="en-US"> Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations" xlink:to="us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations_3_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations_3_lbl" xml:lang="en-US"> Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents, Including Disposal Group and Discontinued Operations </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SharesOutstanding" xlink:to="us-gaap_SharesOutstanding_3_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_SharesOutstanding_3_lbl" xml:lang="en-US"> Shares, Outstanding </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_StockRedeemedOrCalledDuringPeriodValue_2_lbl" xml:lang="en-US"> Stock Redeemed or Called During Period, Value </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_StockRedeemedOrCalledDuringPeriodShares_2_lbl" xml:lang="en-US"> Stock Redeemed or Called During Period, Shares </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PropertyPlantAndEquipmentPolicyTextBlock_2_lbl" xml:lang="en-US"> Property, Plant and Equipment, Policy [Policy Text Block] </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncomeTaxPolicyTextBlock_2_lbl" xml:lang="en-US"> Income Tax, Policy [Policy Text Block] </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_Investments" xlink:to="us-gaap_Investments_2_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_Investments_2_lbl" xml:lang="en-US"> Investments [Default Label] </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ContractWithCustomerLiability_2_lbl" xml:lang="en-US"> Contract with Customer, Liability </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LiabilitiesCurrent" xlink:to="us-gaap_LiabilitiesCurrent_2_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_LiabilitiesCurrent_2_lbl" xml:lang="en-US"> Liabilities, Current </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OtherNonoperatingIncomeExpense_2_lbl" xml:lang="en-US"> Other Nonoperating Income (Expense) </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OtherExpenses" xlink:to="us-gaap_OtherExpenses_2_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OtherExpenses_2_lbl" xml:lang="en-US"> Other Expenses </link:label>

</link:labelLink>

</link:linkbase>

86 Previous Filings that this Filing References

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 1/06/23  Phi Group Inc.                    SEC ACTION             1:13K                                    SEC #7
 1/05/23  Phi Group Inc.                    8-K:8,9    11/03/22   10:202K                                   M2 Compliance LLC/FA
11/15/22  Phi Group Inc.                    8-K/A:1,9  11/11/22   11:245K                                   M2 Compliance LLC/FA
11/14/22  Phi Group Inc.                    8-K:1,9    11/11/22   11:244K                                   M2 Compliance LLC/FA
10/21/22  Phi Group Inc.                    8-K:1,9    10/20/22   11:237K                                   M2 Compliance LLC/FA
10/06/22  Phi Group Inc.                    8-K/A:1,9  10/03/22   11:229K                                   M2 Compliance LLC/FA
10/06/22  Phi Group Inc.                    8-K:2,9     9/30/22   12:2.3M                                   M2 Compliance LLC/FA
10/05/22  Phi Group Inc.                    8-K:1,9    10/03/22   11:226K                                   M2 Compliance LLC/FA
 8/24/22  Phi Group Inc.                    8-K:1,9     8/16/22   12:415K                                   M2 Compliance LLC/FA
 8/23/22  Phi Group Inc.                    8-K:1,9     8/13/22   11:399K                                   M2 Compliance LLC/FA
 8/22/22  Phi Group Inc.                    8-K:8,9     7/08/22   10:199K                                   M2 Compliance LLC/FA
 8/04/22  Phi Group Inc.                    8-K:1,9     8/03/22   12:271K                                   M2 Compliance LLC/FA
 8/03/22  Phi Group Inc.                    8-K:5,7,9   6/07/22   12:808K                                   M2 Compliance LLC/FA
 5/23/22  Phi Group Inc.                    8-K:1       5/20/22   10:208K                                   M2 Compliance LLC/FA
 4/11/22  Phi Group Inc.                    8-K:7,9     4/07/22   11:229K                                   M2 Compliance LLC/FA
 2/23/22  Phi Group Inc.                    8-K:1,9     2/22/22   12:1.6M                                   M2 Compliance LLC/FA
 2/09/22  Phi Group Inc.                    1-A                    5:1.8M                                   M2 Compliance LLC/FA
 2/01/22  Phi Group Inc.                    8-K:1,9     1/26/22   12:582K                                   M2 Compliance LLC/FA
 1/31/22  Phi Group Inc.                    8-K:8,9     1/17/22   12:384K                                   M2 Compliance LLC/FA
 1/20/22  Phi Group Inc.                    8-K:1,9     1/18/22   11:416K                                   M2 Compliance LLC/FA
 1/14/22  Phi Group Inc.                    RW                     1:18K                                    M2 Compliance LLC/FA
 1/07/22  Phi Group Inc.                    8-K:7,9     1/03/22   12:2.4M                                   M2 Compliance LLC/FA
 1/06/22  Phi Group Inc.                    8-K:7,9     1/05/22   11:523K                                   M2 Compliance LLC/FA
12/30/21  Phi Group Inc.                    8-K:7,9    12/27/21   12:257K                                   M2 Compliance LLC/FA
12/20/21  Phi Group Inc.                    8-K:8,9    12/10/21   12:1.7M                                   M2 Compliance LLC/FA
12/10/21  Phi Group Inc.                    8-K:1,9    12/08/21   11:237K                                   M2 Compliance LLC/FA
11/22/21  Phi Group Inc.                    8-K:8,9    11/14/21    2:668K                                   M2 Compliance LLC/FA
10/28/21  Phi Group Inc.                    8-K:8,9    10/17/21    2:515K                                   M2 Compliance LLC/FA
10/04/21  Phi Group Inc.                    8-K:8,9     9/21/21    6:6.3M                                   M2 Compliance LLC/FA
10/01/21  Phi Group Inc.                    8-K:8,9     9/30/21    4:3.7M                                   M2 Compliance LLC/FA
 9/17/21  Phi Group Inc.                    S-8         9/17/21    4:158K                                   M2 Compliance LLC/FA
 9/17/21  Phi Group Inc.                    8-K:1,9     9/16/21    3:163K                                   M2 Compliance LLC/FA
 6/30/21  Phi Group Inc.                    10-K/A      6/30/20   76:4.9M                                   M2 Compliance LLC/FA
 6/28/21  Phi Group Inc.                    8-K:7,9     6/25/21    3:82K                                    M2 Compliance LLC/FA
 3/11/21  Phi Group Inc.                    10-K        6/30/19   81:10M                                    M2 Compliance LLC/FA
12/29/20  Phi Group Inc.                    8-K:7,9    12/28/20    3:87K                                    M2 Compliance LLC/FA
 9/30/20  Phi Group Inc.                    8-K:4,9     9/09/20    2:144K                                   M2 Compliance LLC/FA
 6/30/20  Phi Group Inc.                    8-K:7,9     6/30/20    3:545K                                   M2 Compliance LLC/FA
 6/30/20  Phi Group Inc.                    8-K:7,9     6/29/20    3:90K                                    M2 Compliance LLC/FA
 6/30/20  Phi Group Inc.                    8-K:7,9     6/25/20    2:148K                                   M2 Compliance LLC/FA
 5/15/20  Phi Group Inc.                    8-K:8       5/15/20    1:28K                                    M2 Compliance LLC/FA
 5/07/20  Phi Group Inc.                    8-K:4,9     4/28/20    2:145K                                   M2 Compliance LLC/FA
 3/05/20  Phi Group Inc.                    8-K:7,9     3/04/20    2:66K                                    M2 Compliance LLC/FA
12/30/19  Phi Group Inc.                    8-K:7,9    12/30/19    2:60K                                    M2 Compliance LLC/FA
 9/25/19  Phi Group Inc.                    8-K:7,9     9/23/19    4:103K                                   M2 Compliance LLC/FA
 5/31/19  Phi Group Inc.                    8-K:7,9     5/31/19    3:82K                                    M2 Compliance LLC/FA
 3/26/19  Phi Group Inc.                    8-K:7,9     3/23/19    3:124K                                   M2 Compliance LLC/FA
 3/01/19  Phi Group Inc.                    8-K:7,9     3/01/19    2:54K                                    M2 Compliance LLC/FA
 2/28/19  Phi Group Inc.                    8-K:7,9     2/27/19    2:49K                                    M2 Compliance LLC/FA
11/13/18  Phi Group Inc.                    8-K:7,9    11/08/18    2:49K                                    M2 Compliance LLC/FA
10/10/18  Phi Group Inc.                    8-K:2,9     9/28/18    3:1.6M                                   M2 Compliance LLC/FA
 8/10/18  Phi Group Inc.                    8-K:1,9     8/06/18    4:1.9M                                   M2 Compliance LLC/FA
 7/30/18  Phi Group Inc.                    8-K:4,9     7/25/18    2:60K                                    M2 Compliance LLC/FA
 7/25/18  Phi Group Inc.                    8-K:1,9     7/23/18    3:655K                                   M2 Compliance LLC/FA
 5/31/18  Phi Group Inc.                    8-K:7,9     5/29/18    3:104K                                   M2 Compliance LLC/FA
 5/01/18  Phi Group Inc.                    8-K:7,9     4/23/18    3:300K                                   M2 Compliance LLC/FA
10/10/17  Phi Group Inc.                    8-K:2,9    10/03/17    3:84K                                    M2 Compliance LLC/FA
 9/07/17  Phi Group Inc.                    8-K:1,9     9/02/17    3:876K                                   M2 Compliance LLC/FA
 8/09/17  Phi Group Inc.                    8-K:1,9     8/08/17    2:88K                                    M2 Compliance LLC/FA
 7/26/17  Phi Group Inc.                    8-K:3       6/23/17    1:31K                                    M2 Compliance LLC/FA
 6/30/17  Phi Group Inc.                    8-K:1,9     6/30/17    2:8M                                     M2 Compliance LLC/FA
 6/01/17  Phi Group Inc.                    8-K:1,9     5/26/17    3:18M                                    M2 Compliance LLC/FA
 4/10/17  Phi Group Inc.                    8-K:3       3/13/17    1:25K                                    M2 Compliance LLC/FA
 4/03/17  Phi Group Inc.                    S-1                    5:1.3M                                   M2 Compliance LLC/FA
 3/07/17  Phi Group Inc.                    8-K:1,9     3/06/17    4:345K                                   RDG Filings/FA
12/29/16  Phi Group Inc.                    8-K:3      12/09/16    1:23K                                    RDG Filings/FA
12/23/16  Phi Group Inc.                    8-K:3      12/22/16    1:18K                                    RDG Filings/FA
 6/02/14  Phi Group Inc.                    10-K        6/30/12   46:2.6M                                   M2 Compliance LLC/FA
 9/29/10  Phi Group Inc.                    8-K:5,9     9/22/10    2:77K                                    Dieterich & Associates
10/02/06  Phi Group Inc.                    8-K:1,9     8/29/06    2:32K                                    Dieterich & Associates
 7/18/06  Phi Group Inc.                    8-K:5       7/12/06    1:9K                                     Dieterich & Associates
 6/09/06  Phi Group Inc.                    8-K:1,9     6/02/06    2:94K                                    Dieterich & Associates
 3/23/05  Phi Group Inc.                    8-K:5,9     3/22/05    1:17K                                    Dieterich & Associates
 9/30/04  Phi Group Inc.                    8-K:5       8/06/04    1:12K
 6/15/04  Phi Group Inc.                    8-K:2,7     6/07/04    1:91K
10/17/03  Phi Group Inc.                    10KSB       6/30/03    1:1.1M                                   Dieterich & Associates
 9/17/02  Phi Group Inc.                    8-K:2       9/17/02    1:66K
 5/14/02  Phi Group Inc.                    10QSB       3/31/02    1:79K
 5/03/02  Phi Group Inc.                    8-K:2       4/15/02    1:4K                                     Bogani Tina Marie/FA
 5/01/02  Phi Group Inc.                    8-K:2,7     5/01/02    1:97K
12/17/01  Phi Group Inc.                    10KSB       6/30/01    1:177K                                   Dieterich & Associates
10/16/01  Phi Group Inc.                    10KSB       6/30/00    1:223K                                   Dieterich & Associates
 9/10/01  Phi Group Inc.                    8-K/A:4     9/05/01    1:6K                                     Dieterich & Associates
 7/09/01  Phi Group Inc.                    8-K:5       6/30/01    3:10K                                    Power Solutions Int… Inc
 9/28/00  Phi Group Inc.                    SB-2                  22:758K                                   Toppan Merrill-FA2/FA
 1/10/00  Phi Group Inc.                    10KSB40     6/30/99    4:148K                                   Donnelley … Solutions/FA

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