Wednesday, August 27, 2014 1:44:40 PM
Actually, even though I lost money on PHOT, I am quite thankful for the SEC suspension and banishment to the greys. Had this not occurred, I probably would have continued to invest in PHOT, and would be in a much worse situation when the entire house of cards collapsed.
GrowLife's manipulative and deceptive practices, insider trading, their continued "fuck you" to shareholders by massive dilution of shareholder value (convertible notes), all combined with a never ending hemorrhage of capital and negative earnings = a Perfect Shit Storm.
The conduct and behavior of the former CEO, and the revolving door of executive officers, speaks volumes...as does their closure of multiple brick & mortar stores. This company is on an express elevator to the bankruptcy basement. If this wasn't already clear to many from past earnings reports, then their latest 10-Q should leave absolutely no doubt.
Recent PHOT News
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/23/2024 07:55:07 PM
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 08/14/2024 07:25:48 PM
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 05/16/2024 08:10:40 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/05/2024 09:37:01 PM
- Form D - Notice of Exempt Offering of Securities • Edgar (US Regulatory) • 02/02/2024 09:22:33 PM
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