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
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