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Not too shabby! Holding strong.
Thanks for the Stand up and Holler!
Dollar here we come.
LMAO! 230% gain in a little over a month.
$PHOT $.50 without news. LMAO
Can't wait to see what happens with good news!
Hope we get some, been a long time since anything
good has come out.
Righteo! Stroker! LOL
Small float makes for wild ride.
Went from .30 to .51 in one day!! Never give up! I like our chances of eventually crossing .80
Original quote by "MikeyinTheD"
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Crosses .80 soon - lock in at these prices.
Went from .40 to .50 in less than 2 minutes, LMAO.
Went from .30 to .50 in less than 2 hours, LMAO.
Will be fun to see where it closes out today!
Here we go! Where it stops nobody knows.
Good job Stroker! All of the warrant holders have got
to be feeling a little bit better with a day like today.
I like the word never!! Never give up. Still a long
way to go.
I agree, and a report should be out soon. Lots of activity in this sector. Volume and price increases have been strong. Something definitely seems to be brewing.
Good day for PHOT! Looks like we are in a time warp. Ready for better and better days to come.
Keep up the good work Stroker!
Still going in the right direction!!
-Under, under Dunn, loaded up and locked in.
100% gains are nice! I'm ready for it to really take off.
Not chump change today!
Wouldn’t a good solid report be nice to follow this up?
Volume! Need a good run coupled with good earnings report. Bottom line is the only part missing.
Same old PHOT holds 9.5% gain from Tuesday.
.1555 +.0135 (9.5%)
Lemonade!! Don't stand in line buy one of mine.
Would be nice to see PHOT make a run!
It is Alive!! - Young Frankenstein...
Stroker! and i speaketh again...
Increased action lately, happy to see it. Investors should be taking notice here, i think PHOT has turned the corner.
PHOT is a survivor in a tough industry and environment, they are coming out of this much leaner and stronger.
PHOT's cloning product is theoretically more important than all other aspects of the industry.
If perfected, they will dominate.
Cloning takes a higher priority than how you plant, where you plant, how you grow, how you cut... all of it. Cloning is at the top.
If they can focus on just that, perfect it, best in class, leader of cloning, then PHOT is golden.
It sounds like a lot and I believe that is their goal.
Volume has been increasing for a reason, and price has stabilized a bit. We could see some big jumps like the old days, need to hang on.
When PHOT shows cash flow + on paper and continues to cut costs, its game on. I believe they might already be there, just can't prove it yet.
Share structure is good, would be nice to see some dollars for (a) change.
The company revenue has steadily been increasing along with profit margins and gross profit, just need some BOTTOM LINE PROFIT!
I predict it will be here soon and things will take off.
Oh, as far as the O D C, its looks like its right around the corner. The upcoming vote might just make for a good catalyst.
Just my opinion, you asked for it...
Last earnings report proves achievement of long term goals, great news and even came with a new backlog!
Need another quarter report just as good and one after that, keep the train moving.
Drips are steadily getting bigger, Stroke. Just a singin... It looks good, it looks fine, and it nearly blew our minds... or something like that.
Would be nice to get out of the change.
Yes, this is alive and well. Report soon. Lately it has been a surprise which day. Need some better bottom line profit numbers to coincide with the great revenue and gross profit increases.
Possibly, last week was a headfake runup for earnings flip, some were left short handed. Been watching this show for a while. Long PHOT.
I agree with you.
Feeling special Strokeman!!
We might could possibly see some action this afternoon. Spoke too soon, maybe next week.
Looks like .27 broke easily this morning. I agree with you, the path from .30 up through $1 might just be a quick one.
A good report could send us back up, going in the right direction on heavy volume is nice to see. 178k and climbing quickly.
Closer to $3.47 than zero.
Starting to whinny...Stroker!
Starting to percolate... building up steam.
Volume at 141k already.
Looks like EOD paint-job you speak of, or did I missed it? Already gone. It was a 268 share, $50 trade... wow.
Lately, many more small dumps to dip the price than upswing pops, factual observation. Much higher percentage of overall trading volume toward the top of the price range. Chart appears misleading as usual.
I know, isn't it great?
Despite that, they keep doubling revenue and you have never heard of them! I can't wait until you do.
This quarter might be tricky, will be interesting to see. Cost eliminations for last quarter's operating loss was already noticed. Saving $100k per month really adds up, coupled with increasing revenue and a sharply higher profit margin from clone sales might just look pretty good.
My opinions of course.
The next step for PHOT is to show an operating profit.
Was looking back in time and the one and only time i made more than 1,000% return on any of my investments was when a company reverse split their stock, I averaged down, it showed a profit, climbed in price, and was bought out at 10x its market price.
This whole process took me holding the stock for 7+ years, just like i'm doing with PHOT. Not saying anything will happen here, but if it does, I will be a long term holder.
PHOT is working on step 2 following that exact path. Not saying they will be purchased or not, but if they can show a profit, it would be huge.
Some say gambling, I say allowing opportunity requiring more patience than most people can stomach.
My opinons, Good luck all!
I agree with you, especially 444% increase in gross profits. Next quarter should be telling. Very tricky market right now. Might just be a really good time to hold PHOT. Debt can be erased very quickly when you are making $$. A proven method showing profit is extremely valuable, just need to cut costs and keep growing revenue at the current pace.
Most intriguing is the +444% gross profit. If gross profit keeps jumping triple digits, the stock price will move up. They have been selling clones for only 6 months or less! Looking forward to the next report. Would be nice to see the debt go down for once. There are not very many shares available anymore, and the price is low enough to scoop a bunch of shares for little $$. This could be shaping up nicely. According to Marco's last remarks, business has not shut down like many companies were forced to do. This is prime clone selling season!! Only the Shadow knows. My opinions.
GL2U2 $TROKER!
I think you are smart to average down after a relatively good company performance report for last year. I especially like the doubled revenue growth and a huge jump in gross profit.
Growlife is a different company than it was 2 years ago, it had to change simply to survive. Many others have not been as fortunate. Without changing its product line to clones, which have a very high margin, the company would have folded by now.
Looking to the future, I'm expecting increased sales, and increased profits building on what was started last year. The trend is in place.
Things are getting quiet and settling down, I've been looking forward to these days.
Long PHOT.
Just my opinions.
Investing without hope is not a good thing. Just saying.
Nice. Looks like weak hands were flushed yesterday. Long PHOT. Volume isn't much yet, but looking solid so far. GLTA - rough times.
Flip buster in progress.
Printed .2782 +9.1%
Was earlier today, at the beginning of this process.
Heavy on the bid side, very light on the ask. Heavy volume too. Accumulation at relatively low levels.
Company has successfully re-tooled and presents a repeatable and scalable profit plan.
And much more on the way! in my opinion. The 10k is very factual.
Taken from current 10-k, just out.
_________________________________________________________
FINANCIAL PERFORMANCE
First, our 2019 revenue of $8.2 million as compared to $4.6 million for last year ending December 31, 2018, overall grew about 80% over the prior year.
Second, gross profits, or revenue after our cost of sales, was reported at $2.5 million for the year ending December 31, 2019 as compared to last year’s $468,000, a 432% year-over-year increase. This is attributed to the acquisition of the EZ-CLONE Enterprises Inc. (“EZ-CLONE”) line of products, which brought in significantly higher margins along with our continuing GrowLife business revenue, resulting in blended gross margin of 30.2%, up from 10.2%.
Finally, the Company continues to generate growth by investing in its EZ-CLONE acquisition, sales and marketing efforts and a result reported a loss for the year ending December 31, 2019. We believe that expansion spending is necessary in a high-growth market such as the cannabis, hemp and CBD-related businesses.
As of December 31, 2019, we had closed all of our retail stores which we had previously operated in Portland, Maine, Encino, California and Calgary, and Canada online sales. During 2019 we also divested from the flooring division located in Grand Prairie, Texas. As a result of these changes, we expect to reduce losses and cash outflows by up to $100,000 per month starting October 1, 2019. During the quarter ended September 30, 2019, we recorded a restructuring expense of $306,000 for the closure of the flooring division related to the equipment write down and $250,000 for the closure of the retail stores, related leases and online sales.
Really... we are equidistant with a strong upward trend in place. Do i need to work out the simple math again?
Just the facts and I find references to dead cats non-factual.
Quote:
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Really? It's 24 cents from .02 yet $3.21 away from $3.47.
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PHOT: 0.2650 +0.0406 (+18.11%)
Volume: 276,444
Avg. Volume: 120,803
Stroker, looks like we are closer to $3.47 than $.02!
Horrible market, yet PHOT seems to be bucking the trend the last few days.
QUOTE:
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LOL the bid is .2075.
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Me too Stroker.
Funny stuff, a trade at +10% (.22 for $2,000) goes off for 10k shares immediately followed by a 100 share trade (.20 for $20) back down where it was... pattern is there. Standard OTC crap i suppose, question is why? Is this how someone makes money? and from whom?
People lie but numbers don't - how true!!
So based on your profound knowledge, PHOT is for sure going down to .0025 again? Care to tell me how long that will take?
Wow, no labeling needed! You are doing exactly what you are against, these future numbers have not even happened yet.
People are people and numbers are numbers, future numbers won't lie but people predicting the future might...we shall see.
Good luck to all!
Tomorrow should be interesting. If i had my choice, i would have been a buyer today. My opinions of course.