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I posted this a few days ago along with their response. See post 82915
LOL! Hope you get your cheap shares, you won't get them from me.
A market order will guarantee you get slaughtered.
I prefer not to sell so that the shorts don't make a killing. If this stock is going down I say everyone long/short should suffer the same fate. So don't sell, watch the shorts cover then decide what you want to do with this stock.
Thanks Kristi. I am going to wait and see cause really that's all anyone can do right now. I mean I can make any prediction I like such as, PHOT is being uplisted and will open at $10 a share! Doesn't make it true. I will wait till they open and it will be a "game time decision".
GLTA
So I am hoping this stock will build off of this and go higher. However, there are/will be some very telling information over the course of the next few days. If Sterling is true to his word and passes along information as he gathers it that will tell us he is trying to be level with us.
If it opens and he hasn't said a word I will question why he said nothing-pending litigation????
If he truly doesn't know what caused the suspension by now, how can he address it so that PHOT can resume trading on the 25th?
I hope PHOT can turn this into a positive but things are mounting agains them IMHO.
GLTA. PHOT
What does this board think of the possibility of the suspension being naked short selling? Just a thought, would love to hear thoughts.
You are correct. It was halted but not suspended and I was referring to it coming off the Greys. Just looking into that one so my DD is nowhere near done.
I do however believe we need to wait on PHOT. I will give them till 4/24 @ 11:59pm before I make my final decision about what to do with my shares. Gotta see how it plays out and decide which decision is best for me. I'm still pulling for them but understand it's an uphill battle.
Recently I believe LMRMF did, please correct me if I'm wrong.
Been waiting for news since March 2011, so another 4 years and we will hear something !!!!! LOL
May look to add more soon if it dips.
What happened to this thing? Just went radio silent?
I guess you didn't read my previous statements. I DO NOT CARE if this goes under-it's play money and I don't need it. However, if you believe joining one of these suits is in your best interest well then, good luck.
I haven't looked but it would be interesting to see how long these firms have been around and how much longer they will be around after this case.
Because if they don't follow ethics rules as set forth by the bar they risk being disbarred.
Sure but you make it A LOT HARDER. For the case to move forward which is why it is my belief these attorneys don't give a damn about the shareholders and will not work the case in anyone's interests but their own. Hence my comment of "Any attorney with a damn". Just my opinion.
Shows just how inept these sharks are. Any attorney worth a damn WOULD NOT file a suit on top of another suit. By doing so they just did a HUGE disservice to their "clients", what a joke. I have been through this before and these attorneys do NOT put your interests first.
Personally I will wait and see and if it means I take a loss I am doing so knowing fully what I'm doing. I will NOT however give these attorneys any of my money.
GLTA and I hope PHOT can pull out of the Greys just like LMRMF did recently.
https://www.sec.gov/Archives/edgar/data/1161582/000000000013069805/filename1.pdf
https://www.sec.gov/Archives/edgar/data/1161582/000107997414000010/filename1.htm
https://www.sec.gov/Archives/edgar/data/1161582/000107997414000052/filename1.htm
https://www.sec.gov/Archives/edgar/data/1161582/000000000014005739/filename1.pdf
I bought 10,000 shares more on April 9 and I'm pissed cause if I waited one more day I could have gotten many more shares than I did for that cost. That said, I may buy more on the open if it hits my target to help average this down so I can sell all at a lower price. I may also hang on to them and gamble. I like looong shots just like with the ponies and guess what? Every now and then you hit a pony that has 80-1 odds and you may have even put it in your trifecta box. That's the beauty in all this for me. Can I lose a decent amount of cash? Absolutely. What's more appealing is that I can hit it BIG! So I say I'm gonna gamble and see what happens.
GLTA PHOT
One of the suits I was asked to be a "class representative" and I spent three days giving my deposition. After seven years and the suit being certified it was eventually dismissed and we never heard from the attorneys again. Not even the "class representative" who had the responsibility to make decisions based in the good of the class. Amazing. Attorney's prey on the weak and they will gobble up any PHOT holders and spit them out.
Good luck with these sharks but I'd rather take the tax write off.
So now people are going to give their money to crooks twice in one month? Ask yourself this, the ink wasn't even dry on the suspension order yet Rosen law firm filed an investigation leading the the subsequent class action (which has a looooooong way to go to be certified). So why was this firm so quick to jump on board?
Because they want your money. So you've given it to Growlife and your assumption is that they're crooks but you will turn around and let these attorneys "represent" you and "advocate" for you? Do you really think they care about you and have YOUR best interests at heart? Nope.
I've been involved in a couple of these and they never work out for the plaintiff. It works out for the defense and the attorneys-that's it. So good luck.
If you have any questions about the knowledge or professionalism I suggest you call the Santa Rosa CA store and speak with Troy. I am going there today to gather more information. This is a top notch business and I will be buying more on the dip.
I bought 10k shares the day before it halted and I'm not worried one bit as this is a long term play for me. Short term it will probably get ugly but in the end this will be a profitable stock.
Time will tell if Sterling is doing the right thing.
http://otclawyers.com/tag/sec-trading-suspension/
Just had one of my stocks suspended by the SEC, could really use some good news on this one this week.
Again, how will we find out the results of the investigation? Right now there is all sorts of speculation but I want to know how we find out the facts. Does anybody have any information on how we find credible information on what they are accused if doing? Will we only find out if there is enforcement?
When and how will we discover the findings of the investigation?
April 9 has come and gone. News next week? Would love to know what's happening here.
Does anybody have the current RSI? I'm away from my computer-working on a phone.
Thanks in advance.
Any news on this yet?
Back in the cellar.
Thank you Trained Monkey. I wasn't sure who had been licensed in Washington so I didn't know if Growlife was doing business there. Appreciate the info.
Thank you for bringing this up. I am a newbie but I am long on PHOT and while I briefly got caught up in the lawsuit I tried to switch gears and ask this board if PHOT had any deals in place with companies that are coming online in Washington. I'm not sure that post was even read with all the hysteria. If people are truly long and in it for years then one day should not make a difference. I may trade other stocks but this one I am invested in and therefore do not check the ticker every day. I love this stock and can't wait to see where it is in five years or more. That being said, I come here to see what other shareholders (especially those at the meeting) have to share and it seems like it can be tough at times to get those opinions.
Was that a 40:1 reverse split?
This one is just going to require patience. I'm long on this and bought in during the midst of their bankruptcy as a long shot. Already up 120%, just waiting for more. (Hopefully) Would be nice to hear something though.
Since there is next to no info coming from RNCH I am trying to figure out what's going on with the two companies.
If the above is correct then Ranchers total costs for drilling and completing the two wells is $1,426,028 of which as the 8k states they haven't paid $283,791 for the completion costs of both wells meaning Rancher has already paid $1,142,237.
Assuming my math is correct and these are the true numbers, Rancher does have a substantial amount on deposit which begs the question-why haven't they paid? I doubt they are going to walk away from over $1 million and it may be positioning by PetroShare to grab a bigger slice of the pie.
I would love to hear what people think about this.
Does PHOT have any deals in place with companies in Washington?
I by no means think this is going into a death spiral. Short term hit on the PPS? Most likely. I'm only trying to see where people on this board see it falling to on Monday so I can plot how many more shares I will buy. This may be a fantastic buying opportunity. Even if we do get some guidance from Sterling the weak hands will sell bringing this down and I will gladly buy their shares.
Betting BIG on PHOT!
This could be a good thing. Obviously there could be some messy days ahead but we will see PHOT eventually come out strong and prove once and for all they are the leader in this industry for a reason and will continue to be the leader. After that is re-established, we will see this stock rocket upwards and leave the rest of these plays in the dust.
PHOT Long & Strong!
How far do we fall on Monday? Anybody want to speculate?