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preferred shares are TOXIC for shareholders, that will give free rain to convert and unload at anytime on shareholders IMO>
Old news,they might have been existed but no one seen them or failed to bring them up,this is the death pill to shareholders IMO.Lets be honest no one knew about this and it makes me pissed that I put a nice chunk of cash in this POS, now the CEO does this 10,000,000 shares shall be classified as preferred stock, $0.0001 par value per share (“Preferred Stock”), issuable in series as may be provided from time to time by resolution of the Board of Directors.
There was a great thing going here with FITX and PHOT as a team, no this just proves this will be a ATM for FITX FUNDING, it's clear as night and day.Who do you think will be sitting on the Board of Directors, RXNB and JV BIG HINT HERE PLEASE READ may be provided from time to time by resolution of the Board of Directors. Freaking death trap IMO.
Then who is spreading these rumors then it needs to stop.
Were does it say the CEO's wife owns shares of PHOT, please show link.
That was a very dumb move by the CEO,to issue this >>>> 10,000,000 shares shall be classified as preferred stock, $0.0001 par value per share (“Preferred Stock”), issuable in series as may be provided from time to time by resolution of the Board of Directors. In other words this going to be used as a ATM at the shareholders expense.
IMO,That just killed this stock, let's hope this holds tomorrow as my self I have a nice amount of shares here also. DUMB DUMB DUMB
I guess people can say hi to there new BOSS CEO of FITX,wonder what the next 8k will say.
I'm happy for both company's
Sweet.
OUCH 8K just put out
On February 7, 2014, GrowLife, Inc., a Delaware corporation (the “Company”), held a Special Meeting of Shareholders for the sole purpose of approving an amendment to the Company’s Certificate of Incorporation (the “Amendment”) to increase the authorized shares of common stock of the Company (“Common Stock”) from 1,000,000,000 to 3,000,000,000 (the “Common Stock Proposal”). The Company’s Board of Directors (the “Board”) previously approved the Common Stock Proposal effective December 9, 2013, subject to shareholder approval at the Special Meeting of Shareholders.
The Common Stock Proposal was approved by Shareholders representing approximately 68.5% of the outstanding shares of the Company’s Common Stock voting at the meeting either in person or by proxy.
A total of 573,878,915 votes were cast at the meeting either in person or by proxy which represents approximately 77.7% of the issued and outstanding shares of the Company’s Common Stock. Of the votes cast at the meeting, 506,035,500 shares voted in favor of the Common Stock Proposal (88.2% of shares voted) and 64,148,711 shares voted against (11.2% of shares voted), with 3,694,704 shares abstaining (0.6% of shares voted). There were no broker non-votes.
The shareholder approval formally authorized the Company to file the Certificate of Amendment, which is effective as of February 13, 2014.
The aggregate number of shares of all classes of stock which the Corporation shall have the authority to issue is 3,010,000,000 shares, of which 3,000,000,000 shares shall be classified as common stock, $0.0001 par value per share (“Common Stock”), and 10,000,000 shares shall be classified as preferred stock, $0.0001 par value per share (“Preferred Stock”), issuable in series as may be provided from time to time by resolution of the Board of Directors.
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=9777853
There company email does not even work enough said there....
Delivery to the following recipient failed permanently:
info@djkcorp.com
NOthing to do with the Weed Sector what so ever....DJK has managed several major consulting and administrative projects in the United States and the Middle East, including hospital management, telecommunications networking, and roads and seaports. DJK continues to develop projects from its other offices in Amman, Jordan; London, England; UAE; Dubai; Cairo, Egypt; and Mexico City, and retains staff with knowledge, passion and considerable international experience. DJK ministers to all continents and even does business in the Carribean Islands and China.
I guess you do care, since your on the topic so much IMO,not pumping any stocks posting like any other poster and no differant from you.
I find it very strange that CBIS comes out with a PR stating, Cannabis Science, Inc. (NASD OTC: CBIS), a U.S. Company specializing in cannabis-based pharmaceutical development and related consulting operations, is proud to announce its new partnership with Michigan Green Technologies, LLC
First Of Michigan has not given the green light, for CBIS to even put a PR like this and 2nd Michigan Green Technologies, LLC was just formed a few days ago Hmmmmmmmmmmmmmmmm My Guess is that CBIS formed this LLC under a different name making it as a company up and running and really has nothing, and say there doing a partnership to get Peeps pumped I smell BS.
http://www.dleg.state.mi.us/bcs_corp/image.asp?FILE_TYPE=ELF&FILE_NAME=D201402\2014043\E0114209.TIF
IMO>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
Won't take much to get back up IMO>
Also check out CBIS and BS pr just out.
In correct,full man team for wiring can take no longer then 1 week if working around the clock =, which IMO Bills plans to have them do. He wants this up fast.
Why don't you ask him that, how about that.
That might come true of a un gagged TA, I'm hearing he might move to another TA, a much larger firm.
He can't go to Michigan, cause Michigan has not given the green light.
Are you accusing the company or Bill dumping Shares?
OMG this will go to $0.10 and over if that news comes IMO.
Once there machine comes out we going to $0.10 easy IMO>
Looking good bud looks like about do for a major upswing IMO>
That would put the share price IMO around $0.35 - $0.46 a share IMO,then when we grow the first crop it will go past $0.50 a share in a heart beat.
Only on the Canada side TSX exchange , will not effect FITX what so ever and there only aloud to grow 1,200 plants VS 1,3 Million pounds FITX so we all know who the big player will be.
Going up out of control :)
Why, explain in details,
It's called Patent pending, maybe under a differant name a LLC ETc.
Will Creative Edge Nutrition Become The Jolly Green Giant Of Medical Marijuana?
http://m.benzinga.com/article/4303361?utm_source=w00t&utm_medium=feed&utm_campaign=Feed%3A+benzinga%2Fnews%2Fevents+%28Channels+-+News+-+Events%29&utm_referrer=https%3A%2F%2Fm.facebook.com
That is FITX lol.
That's the MMs trying to cover before the huge run IMO.
Meanwhile, up north, just outside of Detroit, Sam Alawieh, CEO and founder of the pharmaceutical company RXNB, has developed closed-door climate bay technology to replicate the exact environment of 50 different strains of marijuana in a controlled and sterile manufacturing environment. Alawieh, whose background is in pharmacology, has 32 patents pending on marijuana-related technologies. "People have been focused on access," he says. "But the second-wave evolution is about predictability and accountability."
Alawieh has licensed RXNB's technology to CEN Biotech, an offshoot of the publicly traded company Creative Edge Nutrition, based just outside of Detroit. The company broke ground on a $12 million manufacturing facility in Ontario, Canada and plans to grow and sell 1.3 million pounds of medical marijuana this year in the Canadian market. "Everything will be completely computer-automated," says Bill Chaaban, CEO of Creative Edge Nutrition, which has made its bread and butter selling nutritional supplements and energy drinks in the U.S. "You're not going to have a guy walking around with a ponytail and jeans."
Thanks for the cheap shares.:)
Keep dreaming.HPCS has many things going for it IMO>
The whole weed sector was down.
Could be massive.
HPCS going be over $0.10 soon IMO>
IHUB Level 2 Back up Weeeeeeeeeeeeeeeee
@jimcramer: Marijuana Stock Index Outperforms S&P 500 - @MainStr http://t.co/p3mWz2U7C8
$0.098 $0.0998