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.
Sounds about right. I was trying to be optimistic. :)
Revenue/sales and net profit are two different things. Companies that are growing rapidly aren't rolling in the dough.
Day? Try month.
Another terrible day in OTC/pennyland in general.
Could happen.
Bill sells nutrition side and uses proceeds to reduce share count. Speculation of course.
Based on TA I agree. So why not just let it run? I guess lunch money is enough.
Who is buying up those big blocks is what I would like to know.
.006 is a pivot point if they just let it run a little.
You're an angel.
I thought you left?
They do now. 8K out.
On April 18, 2014, a class action lawsuit (the "Complaint") was filed against GrowLife, Inc., a Delaware corporation (the "Company") in the United States District Court, Central District of California (Randy Romero v. Growlife, Inc. et al; Case No.: CV14-03015). The Complaint alleges two claims: (1) Violation of
Section 10(b) and Rule 10b-5 of the Securities Exchange Act of 1934 (the "Act") against the Company and the individual executive officers and board of directors (collectively, the "Board"); and (2) Violation of Section 20(a) of the Act against the members of the Board.
On May 2, 2014, the Company was served with the Complaint. The Complaint alleges (among other things) that the Company and the Board published certain documents and filings that were inaccurate and/or inadequate, causing Company securities to be traded at an inflated price. The Complaint further alleges that the Company's and Board's actions caused the members in the class action to suffer damages in an amount to be proven at trial. The Complaint also claims that members of the Board are in violation of Section 20(a) of the Act due to their position and relationship with the Company and their alleged involvement with the Company's violation of Section 10(b) and Rule 10b-5 of the Act.
Use a broker/dealer you can short pennies.
Schissler Schissler Schissler.........LOL
Good strategy.
That's what some on this board would like you to believe.
Good morning. Good to see all the Sunday roaches gone.
Now that's funny.
Not very gentlemanly of some posters.
Anyone tell why someone who sold their position would spend a Sunday posting on a message board of a stock they don't own and a company they don't believe in? This has always puzzled me.
Are you Schiss obsessed though? :)
You know another successful company that has an O/S of 8,260,411,967? M$FT.
So like you say, O/S in itself isn't the end all be all.
It is important for determining pps and if the fin's are what have been reported then .0069 will seem very cheap.
Sure but they can have the same meaning.
So lets go down that path.
Earn 16 to 20 on 68m of revenue 2014
Earn 32 to 40 On 136m of revenue 2015
I know its not a direct correlation of rev to earnings but.......
Holy crap.
Not to many stocks trade at a PE of 1. At least not ones with actual revenue and increased projection of earnings.
Looking for I.R. email. Anyone?
How about putting it in iBox?
Interesting.
So which one is correct? Perhaps typo on recent PR's?
This should be clarified.
That's cool. Your not the only one. Just trying to keep it real so when FINS do come out all the naysayers won't have ammo. Not that they won't find something any way but no need to give them any more.
My conservative calculation for PPS is .05 based on 20M for 2014 and a forward PE of 10. Using roughly 4B+ O/S.
Also for those moaning about 4B O/S. Guess what major blue chip company has more? I'll give you a hint. It's double our 4B.
I don't know where 68M comes from. Perhaps someone is trying to calculate gross revenue? Who knows.
Also everyone keeps confusing the 20M with 2013. It clearly states in every PR I have read 16M-20M for 2014.
?
"APT Group Inc. plans to earn $16 to $20 million during their 2014 fiscal year with the potential to double revenues in 2015."
Supposedly moved on last week.
Yes but they pushed the lemmings to the edge of the cliff.
Same band different song. Sultans of Swing.
Sell would imply he/she has shares. Just flinging arrows blind folded hoping one will hit the target.
Geesh. If you didn't get out of your short position at .004 then you need to stop trading.
look up T-trades for OTC or penny stocks. These are just settled trade from the day.
Which is why APT needs to get out of penny land ASAP.
Going Concern
A going concern is a business that functions without the threat of liquidation for the foreseeable future, usually regarded as at least within 12 months. It implies for the business the basic declaration of intention to keep running its activities at least for the next year, which is a basic assumption to prepare financial statements considering the conceptual framework of the IFRS. Hence, the declaration of going concern means that the entity has neither the intention nor the need to liquidate or curtail materially the scale of its operations.
The OTC gave penny shorters a big huge gift wrapped in a big red bow with the penny rule.
OTC has been in the dumps for weeks now.
It's the pattern on every board. Lights dim and the roaches crawl out.
Just retired another one.
Same here. Just hit a bullseye with my last one.