Friday, August 22, 2014 8:38:26 PM
You posted:
PHOT Price at time of suspension 0.050 - today 0.07 - down 86% - And the volume is down 94%.
If you had read the filings from PHOT you would have found the following that was filed on August 18: The company is getting more debt and more convertible notes that will lead to dilution.
Now, let's look at the 10-K filed 08/19.
Here is one example of the convertible notes:
At todays price that is a profit of $2,250,000 from $250,000 - PHOT is giving the company away.
But here is the kicker:
PHOT has been decimated by convertible notes.
IG
FEATURED Element79 Gold Corp. Appoints Kevin Arias as Advisor to the Board of Directors, Strengthening Strategic Leadership • Sep 18, 2024 10:29 AM
Mawson Finland Limited Further Expands the Known Mineralized Zones at Rajapalot: Palokas step-out drills 7 metres @ 9.1 g/t gold & 706 ppm cobalt • MFL • Sep 17, 2024 9:02 AM
PickleJar Announces Integration With OptCulture to Deliver Holistic Fan Experiences at Venue Point of Sale • PKLE • Sep 17, 2024 8:00 AM
North Bay Resources Announces Mt. Vernon Gold Mine Bulk Sample, Sierra County, California • NBRI • Sep 11, 2024 9:15 AM
One World Products Issues Shareholder Update Letter • OWPC • Sep 11, 2024 7:27 AM
Kona Gold Beverage Inc. Reports $1.225 Million in Revenue and $133,000 Net Profit for the Quarter • KGKG • Sep 10, 2024 1:30 PM