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.
they do not file with SEC
Yeah I know all about that. I was a shareholder of PHOT. and yes it is true when share prices went up that much it is a huge red flag for SEC
Lets just hope SEC don't shut us down before that
Yes you can trade PHOT online still with any broker. However I wouldn't recommend it. It is now in the Grey Market which means that there is no Bid or Ask. The way it works in Greys is that buyers and sellers submit their orders and it gets matched on a first come first serve basis. I had to break up my shares into many orders and sell 5000 shares per order at different prices. and that is how I got rid of mine
Ok this is the only thing that is going to stop the stock going into full Bear
It looks like this thing is going down below .018.
I hope news comes out next week that Zaazzz is ready for sale
You would have still made money if you went in at .09 with Phot. Cause opening day after suspension the stock was trading at .27
Hope re right cause it really is a pain watching my hard earned money go down by 50% with the whole fiasco of PHOT and now ERBB
would really like to know why this huge sell off?
Where are you getting this information? and What is it based on?
No Problem I lost half of what I put into phot when they got suspended. If you really want to invest in a penny though I would suggest ERBB. They have a real product. but do be warned the risks are high especially in the pink market. I would suggest you put a little bit of money in. money that you won't care if you lost it.
What does IMO stand for.
I hope you are right Cause I am out of money to buy any more shares. My average share price is 0.052
Wikipedia is the worst place to do any research of any kind. Anybody can write anything on there.
And PHOT was deemed as a legitimate business but now look at where it is now.
Stay away from this stock. Trust me on this. You will lose your money
What is going to happen next week? And I hope it won't go to sub-penny.
When are they releasing the machine? And why is there a huge wide sell off? I hope this don't go sub-penny
Guys
If you are wondering why the banks are closing the accounts.
Read the following.
Now keep in mind that even though Obama cleared the way for banks to do business with Marijuana, there is still heavy liability for a bank dealing with MJ companies so they would rather not do the business.
http://www.nytimes.com/2014/01/12/us/banks-say-no-to-marijuana-money-legal-or-not.html
I guess the good thing about ERBB is that they pretty much focus their news on their product. so it is either the product works or it doesn't. We will know right of way. so not much room for Fraud there
Well in Accounting if the lease terms are greater than 75% of the economic life of the product they are recorded as a sold item. Or if they the lease term is 90% of the cost of the product it is treated as if it was sold.
cool I hope the stock will rebound to .10 and if they sold 1000 of those machines maybe it would go up to 0.77
I hope you guys are right
Lets hope this is the low
why do you think there is price control?
Is he a CPA?
those web links don't work. So he is starting a new Gold Business? I am not sure how this is good news. The company is not very focused
I have been scouring the internet to find out about their business model and share structures. where are you finding this information? Can you point me in the right direction?
Yup. I am keeping my fingers crossed that the machine will go through. cause if it doesn't I lose my investment.
Jurassic Watering system seems to be like a very ineffective system. There are other systems out there that does the same thing at a price much lower.
PHOT had many shops and warehouses, and now look where they are. those businesses aren't really pulling in that much profit.
yeah lets hope you are right. Cause the company really don't have much going for them other than the Zazzz machine. and we are now waiting for the final component of security and software instalations as I understand it. Also the state will have to approve.
have anyone noticed the volume traded on Friday? it went all the way down to 20 million shares
I didn't know there was dilution in this company??? When were these stocks diluted? Dilution is not a good sign. Further I thought the Company is buying back stocks. hat is going on here?
Has anyone read up on this "Jurassic System" that ERBB has been talking about?
Okay, now what are the benefits of 'jurassic oxygenation'? PER THIS ADVERTISEMENT:
Our system incorporates pure oxygen gas (95% and higher) via the specialized American Green Oxygen concentrator. This gas is then fed to the submersible unit within a reservoir tank, which molecularly pressurizes oxygen and water together, resulting in increased dissolved oxygen levels in water. The range is seen anywhere from 30 to 50 ppm of oxygen.
Okay, so this device can be used within a hydroponic grow setup that is attempting to use aeration to increase the nutrient uptake of the grower's plants. Growers currently use a method called air stones to accomplish this.
The ad mentions air stones saying:
Air stones introduce ambient air via a bubbling method to increase oxygen concentration into water. Ambient air constitutes 78% Nitrogen, 21% Oxygen, .93% Argon, .039% CO2 and small amounts of other gasses. This methodology increases oxygen saturation in water on an average between 2-4 PPM Oxygen.
Now you need to understand, air stones are the least efficient current method at increasing oxygen uptake to MJ plants. The much more commonly used method is Deep Water Culture or DWC. It's available at a fraction at what they're trying to charge for this product. Interesting the ad neglected to inform all of you good people (investors, NOT MARIJUANA GROWERS) about that little detail. If you look up deep water culture growing you'll find volumes of information. If you look up jurassic oxygenation I honestly think you'd get a Jurassic Park trailer to come up.
DWC provides ample amounts of oxygen to plants.
So basically, this $11,000 product (the cost of an entire living room sized grow), whose sole purpose is to increase oxygen PPM, a process which already has a MUCH more efficient alternative available on the market, THIS is supposed to mean something?
1) no ERBB don't file with SEC; depends on how you define legitimate company.
2) That was just a rumor.
3) No they have not installed a single machine yet. They did get Preorders from a medical facility for a few hundred of these machines. They are also waiting to get permits from the state of Colorado.
Yeah and they did all in the name of Investor Protection.
That machine is just a regular vending machine. No ID and Photo Checks. They basically took a snack machine and filled it with Marijuana.
I don't see any kind of Checks and conformation of age in that machine. That is just a simple Vending Machine any kid with money can get Cannabis like he/she would get coke. Zazzz actually checks for ID. That is what makes Zaazzz special.
Aside from all this. That girl, Nicole, was HOT.
PHOT claimed they were the most SEC Compliant out there. and looked what happened to them
Why do you think it is $20 + ???
I have 100K shares with this company. I hope they don't get a trade suspension
So Are they buying back shares or what?
hat happened to CBGI?