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strictly from a market cap stand point. if you believe that the announced deal is legitimate. taken at face value. 315,000,000 * .02 = $6,300,000 market cap. off of a proposed 10 - 20 million $ deal. makes this appear to be currently undervalued.
wish I hadn't dropped this last month
I was in this. and ordered the jump it to check it out. the product actually works rather well. I got out because the high O/S share count made me cautious. and the number of sales they would need to achieve to make this even break a penny seems astronomical.
did I really just read that right? triple the share count? theres already over 5 billion shares. with a B! wow
lol. your talking about a company who"s shares have gone from under .20 to over 4.00 in six months. with a current market cap around 420 mill. already 6X next years revenue. the pps for this company has already gone on a hell of run. don"t know why you are surprised that its not accelerating at rocket speed at this point.
probably be treading water for a while.
I got out at the bell this morning. I feel fortunate to have gotten the majority of my shares out in the low sevens. the remainder down @ 5.50. I had to lower my limit three times it was dropping so quickly. I'm down 50%
Panzer. for your own sake please stop buying. at 5.40 this is a company that has a market cap around 190 million with expectations of revenue of around 3 million for the first two years. like it or not the immediately vested shares of the executives dilutes the value of our shares 1000% not counting the shares that are restricted for the first and second years on performance. which for the first year is only 1 million $$ . I understand the potential for the business model but the share structure is no longer feasible. management did a number on us. expectations based on assumptions before the split no longer apply. odds are you are going to get hurt bad if you keep buying.
I hope I am wrong but the current facts look very dismal. good luck nonetheless
bounced from .17 back to .19 rather quickly
getting beat up today.. wonder what that's all about?
lol already at 5
does it strike anyone else as a bad marketing idea to name a food line "YAK" lol. doesn't sound very appealing unless you want to yak
I bought in with the thought that after RS It was a no brainer with 1.5 mil o/s that this would easily climb. now that I found about the immediate dilution I am sick to my stomach. before dilution I would've said we were at a fair value. now I think I've made a mistake and these shares are heavily overvalued. tomorrow I think I'm going to cut my losses and get out while I have something left. good luck to everyone
wow Look out below
liking this. keep it running PHOT
was thinking the same thing
power hour?
so where do we think we'll be tomorrow? still hurting from the fallout? or possibly a little recovery?
this what kurt told me yesterday regarding the dilution issue
On Wednesday, January 8, 2014 12:05 PM, Kurt Divich <kurt@integrityir.com> wrote:
Jerry,
I cannot indicate to you whether news is coming or not. I also suggest you review the details regarding the conditions of any proposed dilution to understand it better.
The dilution proposed under the terms of the Joint Venture Agreement is directly tied to the economic benefit the Company will receive from its joint venture partners. Any additional equity issuances to the Company’s joint venture partners under the Joint Venture Agreement will be made upon the joint venture partners earning those shares by reaching specific performance metrics or contributing capital to the Company.
It is the Company’s intention that any dilution that occurs under the Joint Venture Agreement will be for the purpose of building a much larger, more profitable company which will benefit all shareholders. Management has structured the Joint Venture Agreement to ensure that any dilution is accompanied by the corresponding growth of the Company as a whole.
spoke briefly with kurt yesterday and this is what he said about the share dilution.
I stand corrected sir. keep up the good work
On Wednesday, January 8, 2014 12:05 PM, Kurt Divich <kurt@integrityir.com> wrote:
Jerry,
I cannot indicate to you whether news is coming or not. I also suggest you review the details regarding the conditions of any proposed dilution to understand it better.
The dilution proposed under the terms of the Joint Venture Agreement is directly tied to the economic benefit the Company will receive from its joint venture partners. Any additional equity issuances to the Company’s joint venture partners under the Joint Venture Agreement will be made upon the joint venture partners earning those shares by reaching specific performance metrics or contributing capital to the Company.
It is the Company’s intention that any dilution that occurs under the Joint Venture Agreement will be for the purpose of building a much larger, more profitable company which will benefit all shareholders. Management has structured the Joint Venture Agreement to ensure that any dilution is accompanied by the corresponding growth of the Company as a whole.
just got home from work and read the sa article. what a d bag. cost me thousands this is BS
omfg! why is this happening? we were well into the 40's last time I looked
theres a difference between authorized and outstanding
about to break 100 mil volume
why are they doing that?
.2975
etrade crashed for me too. pro platform still working though
everyone email. Kurt@integrityir.com that's growlife investor relations email. and tell them they are missing the boat and need to release some good news to capitalize on the current momentum
would be really nice if they would post some good news already
this is terrible. I can't see anything
I'm never going to be able to get back in at this rate. gratz to everyone holding. I could cry. lol go plug!
thanks for the encouragement. cashed out up 50%. still makes me feel sick. I guess I'll just have to be patient and hope for the pullback
not my best moment. jumped out yesterday expecting a pullback. ouch! this hurts :(
keep your feet on the ground. just to be clear so I don't get bashed outright. I'm phot long. and am optimistic. if phot hits a dollar it will have a market cap higher than medbox currently has. expecting phot to hit 40 and have a market cap of 28 billion is unrealistic
about 700 million less shares though
hello. anyone else have an eye on PLUG? I'm up about 30% past few trading days. thinking of cashing in and jumping into PLPE. any opinions? have a stake in Phot as well. but going to hang on there for a bit
anyone else seeing all these blocks of multiple orders of 2- 4 shares trying to drive the price down?
why is this tumbling all of a sudden? making me nervous