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I called the Greners.com store in Santa Rosa and was told that there was no cut back there...thinking that is the main Greners.com store as I recall...8)
so buy $600 worth of shares which will be 5000 and then wait till it hits $5PPS and you will get your $25K investment returned...minus of course the original $600 investment...8)
why does that seem so easy to my little monkey brain???
of course you may be a much older person by then...8)
and my condolences on your loss...8(
Now for a little story of mine...
not long ago I invested in American Airlines...
It was just before they declared bankruptcy...
I watched on a daily basis as my investment dropped...
over time I saw so many arguments including that bankruptcy causes the shareholders to loose EVERYTHING...
after a good while of watching and trying to make sense of this...
I reached a point that I decided that my shares which were worth $1.60PPS at the time were not going to make it through the process...
even though my heart and mind said that they would...
my reasoning was that all of the principles, pilots included, would not let their shares become worthless...
Well I SOLD...
bad decision...when the bankruptcy was over the shares ended up being worth approximately $15 PPS on the trade out...
now because I didn't go with my instincts and my own reasoning...
I received for all my angst and grief...$1.60PPS...
If I had only followed MY Personal Investment Rules and Thinking...
makes my little monkey mind dizzy....8)
Interesting things going on now...8)
has anyone noticed that the volume is showing an interesting rise?
It appears that there is a bit of buying strength showing now...
I saw it actually hit .13 today and over 1MM shares traded and it's only in the second hour....8)
What's Up???
My little monkey brain is telling me something's about to happen...
So what you are saying in essence is...
that management has the most to gain or to loose in this fight...
which also means that management just may pull this off...
so this would be a great time to invest in this company...
one the chance that when management pulls this off...
PHOT will fly to the moon and beyond again...
of course my little monkey brain could be wrong...8)
but I don't think so...
now where did I leave that fish...
MM is NOT certifying that this information is accurate as far as what the SEC sees in their paperwork...
MM IS certifying as to the veracity of the information that they(the MM) have been provided...8)
essentially what the SEC is doing is a CYA move to keep the monkey (no pun intended) off of their back in the process...
I am curious as to your thoughts...
do you think that the fact that PHOT is related to and does business with entities in the MMJ sector could have anything to do with the trading suspension...?
some here tend to agree with me that one of the reasons this stock was suspended had as much to do with the SEC trying to "cool off" the MMJ sector as with anything else...
there seems to be a run on MMJ stocks to suspend them of late...
OR do you think it had to do with insider trading or some other reason that we have yet to divine from this action???
Interesting read for those interested in keeping up with possible scenarios for PHOT...
as far as your theory of "pegging" not so sure that you used the correct term...
there are of course investors that are doing their best to encourage other investors in this stock...
I am sure one of the reasons for that is to try and keep the PPS at as high a level as possible and to hope for enough sentiment to drive the PPS higher moving forward...
as to the rest of your theory it does have an interesting sound to it and in some ways I agree...
it is interesting to note that because there is no shorting or other methods of driving the PPS that it is a safe and sound place to be for the moment...
maybe it is a good place to be while the potential lawsuits are played out in the near future but it's hard for me to believe that the "purpose" of it being in the greys is safety of the companies stock valuation...
all in all an interesting read tho...
GLTA while my little monkey brain tries to fully absorb all of this....8)
"to file a motion to be appointed as lead plaintiff"
what this means is that they DO NOT have a plaintiff in the case yet...LEAD plaintiff is the one that they use to initiate the case...without this person they can not bring the case to trial...
interesting that they are still trying to get someone...8)
hard for me to get my little monkey brain around that...hehehehe
lets see...PHOT is holding at .11 PPS and that is still twice what is was less than a year ago...even with the suspension and all of the negative comments it is still holding strong...8)
if it was REALLY such a bad investment and a bogus company, don't you think it would have dropped off the charts by now???
This is an explosive stock and has already shown it's true potential!
There has been a change of guard to smooth out any bumps and it is holding in spite of attacks by the naysayers...
it looks to me like a patient investor just might be able to see this through to the next spike in its PPS...
to all those that are holding long...GLTY!
I call .20 by the end of the week....heard it here first...8)
Doesn't it strike you as a bit odd that this did not retreat to 00 land???
There is more going on here than meets the eye.
This stock may be down...but it's definitely not out...8)
I would beg to differ with you. as someone who did and does work for them from time to time...I have never been given any stock nor am I familiar with any others that were given any stock like that. Most are working stiffs that are happy to get a paycheck or an invoice paid which they do pretty regularly and without skipping a beat. I am proud to say that I have 100% belief and proof of their credit worthiness and that they pay on time and in full when owed. As for your speculation...it is simply that!
and just for the record...this monkey is invested in PHOT and is looking for the stock to fly high soon!