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What was the name of the person you spoke to?
Because it's the logical question to ask about any company in a similar situation.
MYDX was down 41% in Q3 2016 and up until the PR a month ago was diluting shares. Giving the benefit of the doubt assuming all dilution IS over (it probably is in relation only to that specific toxic debt) how many positive cashflow companies dilute their shares?
If you're looking for an honest answer....
In order for that to be an accurate forecast, there are many conditionals you need to put in play:
- How many of the 159m would be "very interested" in a product like that?
- How many would be very likely to spend the $800?
- How many would be very likely to spend the money on the recurring costs of the device?
It's not going to be a 100% conversion of all of them.
Then among the group who are still interested, you need to assess:
- How many of those people are active on Amazon?
- If they're not on Amazon, how many would be willing to take the time to purchase the device on Amazon?
Also remember there are people who won't shop on Amazon out of principle.
If it were as simple as just grabbing a 1% share of a potential marketplace, Amazon and other giants wouldn't be spending billions of dollars fighting for the hearts and minds of shoppers....regardless of what product the consumer may or may not buy.
LOL it's called due diligence.
That's because Google doesn't show emails.
But Google does tell you GRNH is up 35% from last week.
Financials are coming out on or before the 15th, that will likely be the next thing to look for. Then again, maybe more news, who knows.
And yes, I know the 15th is a Saturday, I was told it will be on or before that day.
Huh? The $7.4M deal was announced five days ago, on Friday.
AMAZING how GRNH has rebounded with a 35% increase compared to last week.
Ever since the $7,400,000 deal was announced by GRNH, it has finished in the green every day since.
GRNH was in the 5s last week, I'm liking the struggle into the 7s.
Confirmation by GRNH James Haas of the $7,400,000 deal was made through the PR link below, even mentioning he already has a check in hand for the deal.
https://greengrotech.com/category/press-releases/
GRNH news: Details of the $7.4M deal.
https://greengrotech.com/category/press-releases/
Because it actually takes time to physically build a building. GRNH is good, but hasn't gotten to the point where they can build a facility in one week.
The $7,400,000 GRNH deal was announced last Friday for a totally off-grid facility (solar power), and will be up and running later this year.
CEO also said he has a check in hand.
Even more hilarious is how nobody made that claim about GRNH and California isn't supposed to be on-line until 2018.
$7,400,000 deal, with the GRNH CEO reporting on Friday he already has a check in hand from the deal.
Yet, two weeks ago GRNH supposed to be at two cents. Now it's headed for a fifth straight day of green.
Hmmmmm, can't find any such news on Google. Can you provide a link to prove the claim?
Only thing I can find is how GRNH is up 35% in the past week.
I just copied what it said on the 10-K, you're more than welcome to find the filing to get your answer. I copied what I copied to back up what I said.
Closing stores does have additional cost, but just how much depends on the reason the stores closed, which we don't know.
Then why was this in the PHOT 10-K filed on Friday?
Other Legal Proceedings
We have been sued for non-payment of lease payments at closed stores in Boulder, Colorado and Plaistow, New Hampshire. We are currently subject to legal actions with various vendors.
It is possible that additional lawsuits may be filed and served on us.
Patience for what? The PHOT technicals are a complete dog's breakfast, and the company is being sued by a couple of companies and anticipates more lawsuits coming.
LOL -- where did you hear that from?
Nobody here said that about GRNH.
I also remember hearing a couple of weeks ago GRNH was going back to .02
Since then, the price has gone up 35%.
Even more hilarious : GRNH is green again today.
LOL -- who said THAT?
GRNH investors know the first rec store in CA won't open until 2018. Sacramento is still working on how things will go.
T Trades are done during the day, but can be manipulated in a way to not show up during the trading day.
The 9,000,000 shares that were sold were obviously done at a time as to not hurt the price during the day.
Now why would anyone be so concerned about the effect of dumping 9,000,000 shares during the trading day?
It's dilution.
OMG GRNH CEO admits his stock went up 8% today and up 25% from last week.
GRNH CEO James Haas openly admits last Friday to closing a $7,400,000 deal, complete with a check deposited.
Must be why GRNH was in the green Friday and is in the green today.
GRNH up 25% from last week powered by the news of the $7,400,000 closed by the company last week, with check already deposited.
NO DOUBT people are starting to notice GRNH because of the revenue it is bringing in, including the $7,400,000 deal announced Friday.
Sorry for the delay in responding, been a little blinded by all the green GRNH is in right now.
Look, nobody can deny GRNH has deals in place, including the $7,400,000 deal announced Friday. Not only was it announced, but it was also mentioned that GRNH already has a check for the deal.
Up 11% is the GRNH story right now.
GRNH has been up over the past few weeks, with a new deal in place, on top of the other multi-million dollar deals already announced.
Oh, and did I mention how CEO James Haas mentioned on Friday how he has already received payment on the $7,400,000 deal?
And in that $7,400,000 deal, it will be operational later this year?
GRNH quintupled in Spring 2016, check the chart.
Prove it.
Even more hilarious: The $7,400,000 deal that was announced Friday, where the CEO announced he's already got money in the bank from that deal.
Which means GRNH, plus with other deals announced, has revenue.
GRNH recording record profits right now, hence why it has been in the green for the past week.
The $7,400,000 GRNH deal has kept the stock in the green ever since the news happened.
And GRNH already has already cashed a check for the deal.
GRNH is in the green right now.