Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
It's 6 am in Nevada following a mixer and a day of viewing/ presenting---bill said yesterday was biggest day in history not that he could post--if an agreement was put in place we wouldn't find out until a few days and the PR would say on Jan 23rd fitx and ----- signed into definitive merger,etc just bc he isn't allowed to post or tell you doesn't make it any less credible in addition you are right it's been 7 hours which was 11-12 his time--let the man sleep he's making money fur us
SA is a joke and they do not have any checks or balances for their contributors--the forbes article was 2.5 weeks ago and this comes out now??another contributor wrote an article on growlife a week ago where and didn't even understand the difference between outstanding shares and authorized shares lol--that's the quality of contributors they have. All companies at ARCVIEW are legitimate in the MJ sector. You think they godfathers of reversing MJ prohibition and investing in MJ companies are going to invite a P&D ?? It's ridiculous and unfounded and considering the last article about growlife mixed a this I am confident wither they have incompetent contributors who do no research at SA or they have contributors who attempt to drive down price for a better buy in.
Being allowed to deposit money and start a checking acct is one thing, providing a business loan to a company is totally different. For one it's difficult to get a business loan and many are sponsored by the govt--the govt is not going to sponsor a grow op or a MJ retail store while it's still federally illegal. This will enhance the GIFT program as now other businesses will have the ability to expand and need more financing from growlife since they can now obtain business accts and have banking. GIFT offers what no bank can which is the turn key service of the amortized loan, highest quality grow equip and maintenance-the most in terms of loans that banks will do is credit lines which will help w grow ops day to day working capital and will allow them to expand and get new GIFT--this is a great thing for PHOT
If the merger is only FITX and Easton pharm then phot will simply be the GIFT that provides the equipment for a major operation selling to a billion dollar platform---if it's more than that then these 3 could end up becoming 1 major company sure to be uplisted-----regardless I do not see anything negative regardless of merger or not---we've known we're top play for a while now it's all coming together
banks consider Franchise food restaraunts to be risky business ventures--lending to a grow op? as a start up? wow--and yes, my career is residential mortgage and commercial lending.
disagree--a bank doesnt offer a turn key lending service for amortized loan, high quality grow equipment, and maintenance this just enhances the GIFT program as more grow ops will want to begin utilizing their next phase or expansion as they can now open accounts with their funds. GIFT program is unlike anything else in this sector and banks cannot offer what GIFT provides-
in addition to everything else that is being stated in regards to banks not lending, which they wont be, GIFT also provides a turn key service of financing, state of the art grow equipment and maintenance, for the cost of an amortized loan and percentages of future profits---there is nothing currently out there that could hinder that business model---even if banks did decide to lend
same mentality of an assumption that it has to go down is what cost people a lot of money over the last year BTC
couldn't agree more...when I began looking in this sector which was a month and a half or so ago--I bought my largest stake in PHOT because of their management--loved the business model and loved the people who had put it together...people who invest in companies make a lot of money--people who trade and short on a consistent basis will eventually lose a lot of money---research, DD, and INVEST your money
insider buying in the OTC market on a company who hasn't issued a P.R. other than results from a medicus test in over 2 weeks..I hope everyone realizes how rare that is....that's why you buy/invest in the management. I have a feeling we'll have a nice P.R. in the very near future from them, however, most likely joint P.R. with potential new company over there on the other board.
Back in Green--Close above .05
Marina22
what is your base knowledge on A/S increase?? do you believe its the same as O/S?? I would bet your a contributor to SA, aren't you?? An A/S increase has been used for decades over decades to increase growth and for acquisitions in a growing sector--I encourage you to learn on your own and not read what others write and regurgitate it as fact....btw---your name isn't Glover is it??
GOD this dilution debate has been discussed enough--its not dilution--it is an A/S increase that will allow for expansion--and if there is a merger in works, the A/S will be utilized quickly for this merger followed by a buyback from FITX--it was never dilution--its a top company in a growing industry increasing it's A/S to allow it to grow and expand. That "dilution" is the main reason this monumental news is going to be possible. BTW Coca Cola, Microsoft and MANY other companies have issued large A/S increases in their early days to acquire other businesses or grow. PHO* is trying to be the only option for cultivation lending in the sector--it'd be important to have funds to be able to do so.--done now and back to FITX
look at that volume an hour shy of power hour---this thing has been tremendous for 3 days straight--it's going to continue surge into the weekend and will have articles pro and con heading into Monday to see if surge will continue--depending on the market reaction to news--it will be interesting to see where it goes from here. Tomorrow I receive my bonus--always 4-5 figures on my monthly bonuses and I treat them as just that, bonuses--with this bonus I am going to be putting the entire check into this thing--ive already made more than my annual income on this stock since January--i'm going to see what it can do with my bonus---I am beginning to see the vision--this will be the first NASDAQ pot stock in the not too distant future following the merger--I 100% believe that
The issue is not HEMP production though, which I would share your concern about--its international medical MJ that FITX is positioned for---mix in the recent results released through growlife of the medical research through medicus and it all starts to add up--they have the city permits to build, to grow, they have approval to build facility from Canada and they have the their tracking system in place---Growlife just completed the study that will provide the sign off from Canada on the product--it seriously would be less dependent on domestic passage of bills or upward/downwards approval--it would reap the benefit of such but would not be hit as hard from any negatives due to its market already being established.
that's the beauty of it---FITX is not currently concerned with positioning itself for the US domestic market--are the companies worth 4.5 billion combined---in the international medical MJ market--yes, I believe so...look at the numbers for projected revenue coming from Canada in the medical MJ market that FITX has positioned itself for. That is what makes this move savvy--we'd no longer be handcuffed to press releases and momo news--google Creative Edge Nutrition Forbes article
Ive been posting on the FITX board all morning that I think a merger is in the works with both companies in an effort to be uplisted...The proposed A/S increase of PHOT and the current O/S of FIT* match perfectly and FIT* has been mentioning a share buyback for a month now--if they completed a merger and then the new combined company would still issue a share buyback it would put this thing over a dollar--Ive been long in both for a while now and this was something I could've only dreamed of a month and a half ago--this thing may be over 1.50 before we know it--its all hypothetical now, but we may be looking at the move that shakes the industry.
Look sir, I get your logic on it-I almost didn't buy any because I saw Bill on FB pumping and feared it was a P&D--I bought a grand worth under.02 then researched and said--okay--this guys different but has followed through on everything since taking over company so I threw another 1500 in the pot at .0228--this is not a conventional wisdom stock here--and while I get it--this one is different--I truly believe whats in the works is a R/M where Growlifes soon to be approved increase in A/S is used to complete reverse merger with and acquire remaining O/S in FITX--FITX then completes the buyback of the now combined companies remaining O/S---this thing will go crazy if that's the case--no earthly reason to think it, other than Bills post about biggest day in history regardless of ArcView and the Growlife hat--but Im telling you, that would be the way to get the company moving to be uplisted--get rid of O/S and A/S with both companies and go parabolic--this thing throws conventional wisdom out the door.
btw--that "insert text here" is a link to the medicus results.-
apologies
They may've gotten approval for human consumption of product based on PHO* medicus results from 2 days ago---which would mean the only hurdle would be the actual facility which is a formality--permits are received and they know what Canada Health wants in order to approve the facility, the major variable is the approval of human consumption of product for medical. No cowinkydink that the pic of Sterling and Bill surfaced 2 hours after the Medicus Results were released.
insert-text-here
Or...what about a Reverse Merger with PHO* approved at time of the Feb 7th vote with PHO* for A/S increase--A/S used in R/M to obtain O/S of FITX and FITX/PHO* combo issues a share buyback of large portion of PHO* current O/S in an effort to be uplisted. Hey, a man can dream right?--seems feasible
Thank you sir, appreciate that---and Kurt did respond to that email and the response is below:
"Thanks for the kind words.
I lack the personal acumen (or authority) to speak to legal circumstances. That being said, the Company and their attorneys believe they are acting in compliance with all applicable law."
while it wasn't a full out endorsement of no red tape--I trust that with the legal team put together by PHOT in addition to management team(which both areas have tremendous reputation) know what they're doing and that response alleviated to me many concerns and my interpretation is that they have no concern of any laws getting in the way of their GIFT program.
oh I know that's a minimum and typically are much more--I just think it may be other arcviews buying 50K worth of shares knowing the news that is coming.
Just a quick note as well---minimum investment for ARCVIEW investors---50K----we have multiple 50K dollar orders taking place--just thought i'd throw that out there.
If you are a lender you have a warehouse line of credit--you lend off of that warehouse line of credit and sell to Fannie or Freddie and get it off your books to continue lending or you decide to keep on your portfolio but could hinder lending ability if you are a small company with not as much funds---there is NO lender for this sector and no warehouse lines--look at the A/S increase as the portfolio account for a US bank a LARGE portfolio lender--well, then US bank needs to have enough funds to underwrite, approve and fund loans that you can keep on your portfolio over a period of time while(and heres the important part) STILL having money to lend. If GrowLife Financial is going to be the Lender in a sector without Lenders right now--they need to have enough to go out and make acquisitions, GIFT Partners and JVs without hindering their ability to lend to the next company and the next and so on--it is truly that simple--make sense now?? if not, we've got a case of I can explain it to you but i cant understand it for you.
company cannot operate constantly going to its shareholders to vote on another increase--do you want 6 votes in a year?? it'll lose all credibility in the negotiation room--just relax and ride this for 5 yrs--you'll be retired
Seriously??"all wily nilly"??"50 bil A/S should be more than enough for now" "spend frugally"?
Because THATS what I want my company i own shares in doing--I want them acting like they're getting an allowance for cutting the grass at Grandmas house--wth is it with some of you on here. You want PHOT to be in a major player but then want them to be in a negotiation with what could be a game changing acquisition or JV partner and say "ya, we're game, lets do it we'll fund your operation 5 years of profits ranging between 300mill-600mill------but youve gotta wait a month so we can do a shareholder vote and increase our A/S because we didnt get the total amount we needed 4 months ago to appease our 6 month long investors"--
Ya, thats a great way to lose a partner or a JV or not even get to the bargaining table. Insane
I found it funny--Officeclerk is over there loving on FITX who has a O/S currently that is about the same amount that PHOT wants to increase in A/S and office was so against, humorous to me--I love FITX and have been long there for a while and they are talking about a buyback which, along with the GIFT news will send it parabolic but the irony was too much for me not to mention.
what are you talking about....why do you assume it should be easy for them to get ENOUGH financing to FUND and LEND transactions to MULTIPLE companies?? what makes you think that is easy to do in a sector that is illegal on federal level, only recreationally legal in 2 out of 50 states and is only medically legal in less than half of the country?? Banks cant even form accounts for companies who are legitimate MJ companies with a business ID because they are MJ sector--what are you talking about?? Do you have any idea?? If PHOT went by your plan we would be trading on OTC until inevitable bankruptcy--you make a lot of assumptions but have no backing in which to make them, no logical reason for them--as ive said--if you don't trust the management then please, get out of the stock and certainly the IHUB room--if you do trust the management--then you should see the potential this increase provides.
Thank you T-Dawg---look people---this is a NECESSARY and HUGE step for "GROWLIFE FINANCIAL"--I run the Midwest region of a mortgage company and we have a warehouse line of credit--this A/S increase is in essence a way of having the funds available to lend to others and obtain interest, royalties and other forms of revenue derived from 5 years of an amortized loan and the "giftees" revenues. It is a brilliant plan that will allow PHOT to continue to receive funds from growers, retailers, etc over the next 5 yrs--after banks are lending to MJ companies and the market is DILUTED(oh no, I said it) with lending institutions--Growlife will have a reputation as a supplier and lender in the sector already-what is going to be funny is when the company is getting revenue from multiple successful companies specializing in Medical MJ to Recreational to Retail stores in 5 years and Growlife is trading on NASDAQ and turning massive profits and Sterling gets up on an earnings call and equates it all back to the approval of the A/S-that will be a thing of beauty
Are you thinking increasing in O/S?? You are extremely off in your deceptive statement stating it's NEVER good for the investor--it's a way to make future acquisitions, continue growth, etc--many companies who were growing have used this method--Coca Cola for one back in 1944 and many, many more since--I do not want to continue to debate the issue with everyone--if you disagree with management then today seems like a perfect day to get out and buy more shares later if you truly believe it's going to plummet---me on the other hand--am fairly certain management has a good hold on things and is going to continue to grow the business---Growlife Financial is going to be a lender--do you realize they will need to have readily available funds for that?? I will not respond any further but I would recommend you and others look at companies in growing sectors who have issued A/S increases. A/S increase, when utilized correctly, is a GOOD thing-
I do appreciate the devils advocate approach looking at everything from both perspectives. That said, on CNBC today ARCVIEW investors stated there is "no liability" with investment in any of the 10 companies they've invited to present. While the risk of zero investment is there--I can confirm through Kurt at investor relations at Growlife that he is there, invited to attend specific aspects of the event as PHOT will be there looking for partners--which, as we know, they have found one here in FITX--worst case we get the official PR that FITX and PHOT have come to a GIFT agreement, best case--we get that PR along with word that ArcView is going to invest in the expansion of their operation. While Bill Cenergy is very unorthodox and scared the S*** outta me when I began looking into FITX--I see his style being perfect for a presentation to bring in investors--ArcView is not there to look at current figures--they want to see what there investment can bring in potential future revenues--we are one of the few going there not as a domestic supplier or company, which is still in its infancy and has many unknowns--but as an international medical MJ company with a build in site and top of the line equipment deal in place--they have a lot going for them heading into tomorrow.
LONG PHO# & FITX--
This volume....wow...Im loving it
Been Long on FITX for some time and I can assure you that he does his job very efficiently. Took over a company that dealt in supplements and has now gotten them as a top rated bodybuilder.com distributor and just filled an order with GNC while also finding time to raise funds to build a facility for medical MJ in Canada and received a "ready to build" letter from Canadian Health that essentially puts them to a point where initial application is approved and Canadian Health is going to verify security and health codes with building once it is build and product(which the medicus study may have just done) prior to issuing final approval.--he is unorthodox but highly effective.
It is at least logical speculation, that goes along with what takes place in the majority of A/S increases within a growing sector and following a pattern that other major companies have used to achieve growth vs a misguided speculation of stating what the "milestones" may be when you have no basis to gauge that off of. Its very logical that nothing can be announced until an increase in A/S which is essentially approving an increase in GROWTH--if you do not trust the management team then you should sell and run for your life and should've never invested in the first place. If you trust the management team then you should believe that the milestones are much more than
" imagine everytime they give money to PHOT that will be a “milestone” and shares will have to be issued. Of course they haven’t explained any of that to the voting shareholders so who knows. Maybe all they have to do is think about giving money to PHOT and that will be a milestone (sarcasm)."
I choose to trust the management team over you, sir, but to each its own. In regards to transparency- Kurt emails me back the same day I email him every time with answers to my questions or concerns. That's pretty transparent.
In regards to PHOT being at ArcView--they will not be there as PRESENTERS---however, via Kurt, in response to my email which, amongst other things, I asked :
"I realize there is no reason to be presenting at ARCVIEW, but I was curious if you had anybody on hand to research companies that would fit the bill for any potential future GIFT partners?? I appreciate all you do with investor relations and thank you again, as always, for all Growlife is working to achieve. "
his response less than 5 minutes ago:
"Hi, David,
I have been invited to visit some aspects of the conference so I'll be there. Thanks for the note."
count on some more movement and tentative GIFT partners to come out of ArcView. Could make for one helluva PR on Feb 8th--share increase and multiple GIFT participants.
One does not have to do with the other imo--I would suggest you friend Creative Edge Nutrition and Bill Cenergy on FB if you have an opportunity. The company is looking for massive growth in the MJ sector and not only distributing to Canada medical MJ but also internationally over seas. The gift program will provide the needed funds for equipment, maintenance on equipment, etc--FITX has 12 million that they are builing their enormous facility with, but they are not planning on stopping with that facility--they are planning to expand as well--which will more than likely mean more funds if they continue to use PHOT equipment. A lot of things that FITX could need additional funding for. In addition, the reason there will be no OFFICIAL PR on GIFT is due to there cannot be until there is an increase in A/S to actually be able to execute GIFT agreements--the closes we'll get is what Bill has put on FB or reports from Alan or other reputable reporters in the sector(clearly not Glover).--everything will state "tentative agreement" or wording similar until we actually have the increase--
You're unfortunately incorrect in your assessment of what the A/S increase would indicate. It is NOT an O/S increase. It is essentially giving the ability to finance the GIFT transactions, which cannot be announced until the increase takes place. It's like having a warehouse line of credit for a mortgage lender--except for you cannot tap into the total amount until certain milestones are achieved. Coca Cola has done major A/S increases in the past, other large companies have as well--it is a way to achieve growth--this company has the best management in the sector and is about to become a lender---reaping 5 year profits off of other companies revenues--in the FITX deal it may be astronomical considering FITX is dealing with international medical MJ and is not waiting on overall domestic legalization which wont even be on the ballot until 2016. Its exactly what needs to happen for PHOT to grow and if you bought in it was based on management--don't spread toxic financing statements that are inaccurate.
this is what happened due to NFLX twitter announcement of the subscriber count that moved the stock--since then social media been unquestionably in play for company announcements and you've gotta love Bill being SOOO communicative through his means--it worried me at first when I saw it--now I understand it's just him and that he follows through..
In a 5 minute video presentation you can do a voiceover with the projected market in Canada while showing the "ready to build" letter, the landscape and the construction beginning, hit on the tracking system they've gotten in place touch on projections once up and running, show charts, graphs and give the goal for revenues for 2014 once operational and for 2015 for the full calendar year--a lot can be accomplished with a 5 minute presentation with the video being the visual and the voiceover giving the figures. I would assume there will be a Q&A following the presentation as well for any interested investors.-