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.
So does that mean you think PHOT will go up?
I thought you said 420 is a scam.
Bashers? You haven't seen anything. This board is the most "enthusiastic" I've seen. As long as people don't punch the hornets nest then everything will be fine.
Separate.
But you can't have GIFT unless you have $$$. So that's where CANEX comes in. At least that's what was needed when the share price was at .06. But hindsight is 20/20
CANEX deal isn't directly tied to GIFT.
I think it's June or around there but guess what?
They need to start growing more now.
True.
Some may think we want a PR for a short term pop. I could care less. Day to day price doesn't mean squat.
What matters to me is clarity to the business moving forward. It's not the same company anymore when you or I invested. They are changing and I think for the better. But how does that business now work and generate additional revenue to support the additional 2B A/S ? Sure GIFT but what does that look like?
I have faith but not with my eyes closed.
Which is why I went back to a core and trade position. I was holding all but since no info before proxy. Strike 1.
I felt the price wasn't justified with the information I have now.
Who knows we may get info tomorrow but it should have been done at least a week ago. If they weren't ready with contracts then the vote and proxies should have been pushed out. Maybe not possible based on the canex deal but who knows?
Certainly not us.
Most longs here do trust them. It's one of the reasons we invested in this company. Maybe the main reason.
But blind trust is not prudent. And the company has changed. At least from when I first invested.
Yup. This is exactly why I said in the last week of Dec. that news should go out before the proxy.
The longer it drags out the more no's and if it drags out, our no's won't matter because many will sell all their holdings.
You can sense the discontent on this board. Forget the bashers, I'm referring to those I consider longs.
This frustration will soon turn into the missed projection plunge. Short term it may not matter. But man it's painful to watch.
It's spam and he should be banned.
The shorts have played smith for as long as I've been in. What you saw yesterday and today was low volume drag down.
They wait until volume subsides and start shorting. Dragging down the price. MM's will do the same except they will keep selling small blocks taking out stops then cover and ride back. Rinse wash repeat. Of course I'm talking daily shorts.
Have you seen the big dips in past morning? Guess who. They have been trying to drive the price down.
Yesterday was a combo of profit taking and 39% short volume.
Now recently we had what I would like to call a white knight. Someone or an inst. was buying up small dips keeping the price up and increasing the price.
I didn't see that action yesterday after the pop or today. All my opinion.
We need sustained volume to keep shorts at bay. Low volume is like flies on shiiiiiit for this stock.
If they wait until then the price will have dropped so low that any pop might take us right back where we are today.
Time for a shower then. Don't you feel dirty? :)
I could put an order in for one share and move the price up or down $1 in those.
It tells me tough to get out when the bottom drops out.
Absolutely.
The other thing it does is represent TRTC as a pump and dump.
I don't believe it is for a second or I wouldn't be invested.
But sometimes it's just scary.
They aren't. dm bashing on the other board is inviting unwanted attention.
TRTC will be fine. But I would love to get some more at .185. Wouldn't we all?
I usually put my order in just below. When gaps fill they seem to dip just below. I already own shares but at the price. Back up the truck
Because some great discussions here instead of ra ra ra or bash
bash bash. For the most part.
It's not trading that way because of R/S. It was extremely over valued with no revenue and only a "future" product without history.
PHOT on the other hand has income and history.
I think he also said some announcements in Jan.
We could easily.
Yes and they could do it in the open market without an investment group buying lock stock and barrel for warrants and shares at a discount.
We don't and if that news hits. Hold on to your pants. Because this stock will go to the moon.
That's great news.
They could dilute 300M shares today at .2 and receive 60M.
Use the vote to increase A/S for future but use the shares today in an agreement.
The above was mentioned in global's previous post.
In saying that hind sight is always nice. Who could have guessed the price would be here when they did the deal. It had to be based on current price then. Not sure if the deal can be changed but if we don't vote for the share increase then would it be back to the negotiating table? Maybe that would be a good thing.
I wouldn't be suspicious of the company explaining their path right now.
I think it would be more suspicious if they did it the day before the meeting.
Industrial hemp would not.
Hydroponic hemp for the extraction of high quality oils (CBD) would. These could be used in medicine and would be much more suited to growing in a controlled environment.
emailed from my brokerage account.
Just received mine as well.
Without an update or news I guess I send it in as a no.
Rob you watching?
I agree with that and your other post. What I'm saying is CANEX is not entitled to 2B shares at .033. Only the 440m at .033 max per the agreement.
Sorry if I'm being dense and appreciate the response.
If they can renegotiate the deal then man that would be amazing.
Btw I agree with what you are saying here in general.
How do you sell 2m to 3m shares at current price and get 75m?
PHOT has no control over that. They do the same to a lot of pennies that don't solicit.
Okay so they need to raise the A/S to at least 440M shares for the CANEX deal @ .033.
140m
100m
200m (20 blocks of 10m shares)
That leaves 1.56B shares out of the 2B proposed that can be exercised based on future deals and not chained to the .033 price.
These aren't solicited by PHOT.
Okay maybe I'm wrong so please excuse my ignorance.
I don't think 2B additional shares is required to meet the CANEX obligation. I think it's more like 240m shares.
The extra raised shares don't have to be issued as warrants or stock to CANEX for .033. They can be issued at a higher strike price. Correct?
In accordance with the Agreement, the Company and CANX entered into a Warrant Agreement whereby the Company delivered CANX 140,000,000 freely transferable, unrestricted warrants to purchase 140,000,000 shares of the Company's common stock, at a maximum strike price of $0.033 per share, par value $0.0001 per share.
Subject to the terms of the Agreement, the Company may issue an additional 100,000,000 freely transferable, unrestricted warrants to purchase 100,000,000 shares of the Company's common stock, par value $0.0001 per share, at a maximum strike price of $0.033 per share and twenty (20) blocks of warrants in the Company, with each block consisting of 10,000,000 freely transferable, unrestricted warrants to purchase 10,000,000 shares of the Company's common stock, at a maximum strike price of $0.033 per share, par value $0.0001.
It was sarcasm.
Unfortunately it's why they come here to bash as well.
Bitter bitter people.
Nope. Still making money. Your out so bye.
A/S not O/S.
If you don't know the difference I suggest you look it up.
Up. Now go away. You exited your position today. Bye.
He/she posts that junk on both boards. (TR & PH)
Oh but it's just a question. Ya right.