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1legbandit. Are you still planning a visit to PHOT office?
JJJ -sounds like MH has finally done enough negative to create
suspicion in you
Actually only 1 employee -MARCO who is doing ???? . 2nd employee is absent from company and drawing $ and shares to cash in( CFO).
The remaining 7 employees are working for other groups and only
draw money on sales -which have tanked .How can this company expand when no one makes money -other than the CEO and CFO and insiders
who day trade with their discounted shares . They have NO representation at trade shows and no PUBLIC RELATIONS -as many of us have experienced first hand . The CURTAIN hiding the WIZARD
has been pulled back -it just takes a long time for that info to be disseminated to the new arrivals in the market and like myself ,
hard to let go of hope and promises
Exactly , this company has not shown any advancement toward expanding their market reach and the only future $ will come from (they say) POD growth- NOT HAPPENING -they stated in Quarterly -
that now have lost sales because their suppliers are DEMANDING
higher prices -they don't pay their bills. NO WORD FROM MARCO and continued downward finances . MARCO is a front man getting a high salary and supplying a front for the insiders who are selling discounted shares at a good return -with each sector splurge .
They will keep this sham going as long as they can .They have shown
no development toward their lofty goals (LONG ) They put out BS to
keep the train going. I do wish they worked toward their supposed goals ;but the BS no longer cuts it . MARCO better come up with a POSITIVE CONCRETE announcement quickly or it's over ,except for the ringing out of what they salvage for themselves There is NO long .just quick grabs for the insiders and the daytraders who surf the waves
HOW would they supply the mass business ,when THEIR suppliers
don't trust them
On 10/19/16 Barnes purchased millions of shares at .01 after changing his original option from .05. How convenient that each of the directors can drop their option prices a ?t will. Kind of a moving target .Not really sticking to original agreement presented to stockholders in 10K filings -I wonder if this is reviewable by
FINRA or SEC What are the terms of this last 4K
Just answering a question from smallstock holder . I didn't say this doesn't occur in business
Some people are averaged ;but; have reached the point of distrust
and are not willing to throw money at a loosing venture .
People who are not doing the day trade schuffle don't see LONG thinking in the management -just verbal sales pitches. If you have the ability to get through to MH-now is the time . What is happening
with a group going to home office for visit and what is happening with shareholder meeting (LEGAL REQUIREMENT)>Even though a holders meeting would be controlled by the insiders ,it would disclose the true direction -by the actions taken.
His hiding and silence speaks the loudest of all -arrogance sells often until it is disclosed as empty
Maybe he needs to be spoken to in the form of another law suit by the shareholders -regarding insider trading and manipulation and
fiduciary responsibilities with his own personal responsibility ?
Not shielded by the corporation . This would ultimately destroy
PHOT ;but alot of shareholders are now at the resentful point and
have nothing to lose -since they are now sitting on a tax deduction -loss- and despise being lied to. I sure
there would be a law group willing to start up another class action
The dilution dumps will also continue ,as long as the dumpers can still make a quick 50-75% on their money . They are getting stock at 60-75% discount -that money is not being used to expand the
business -just pay salaries . MH buying stock was not an investment in PHOT -rather a SALARY raise for stock that will surely rise PPS
until all the beans are out of the jar and the market settles into reality for the REAL future of a HUGE industry and the companies that survived through good business practices
The ups and down will continue with the sector flows and the day traders will continue their games. PHOT will not attract LONG
investors until MH makes a concrete announcement of acquisition
and amalgamation with other groups. IF he doesn't come through VERY SOON -game over -other than daytraders and people sucked into cycle
by not doing DD. The big rises this board talks about will only
occur with a more stable -CONCRETE -future for PHOT .Distrust for MARCO and his baits are growing daily on their own . The negativity is snowballing if their is no concrete announcement. He cried wolf
too often .
No doubt that the MJ industry is going to take off; but PHOT faces
a legitimacy factor . Most of the doubts could be greatly reduced by MH announcing a contractual agreement to expand PHOT's reach and that would also increase the trust in his true desire to keep PHOT
expanding toward his "stated goals" .As it stands right now ,there is tremendous DISTRUST of this company-with good reason. You seem to be able to contact him more easily than many of us -It is imperative that he opens up on what is ocuring and not just give vague cheer leading baiting statements -It has reached critical mass
and many of the previously patient LONGS want some concrete facts ,other than another depressing exceedingly long legalize filing .
I know that he has to cover his ass ;but it now comes off as
evasive ,rather than transparency. Most people focus on all the
negatives -of which there are many. THERE HAS BEEN NO SHAREHOLDER MEETING OR A START OF THE ASK MH that he suggested .His avoidance
of details comes off as self serving arrogance with little regard for PHOT longevity. The shareholders that still want to be LONG
deserve some clarity with concrete achievements for sustainability.
Deals do require secrecy and discretion ;but ,that ploy has been used for too long and the MJ industry is at the critical move forward point that everyone has been waiting for. Critical people need concrete evidence that PHOT will be viable in the future
If the filing shows more dilution for paying salaries and fluff -game near over except as gravy train for MH and his buddies.
Further Dilution, if for ACQUISITIONS, is somewhat acceptable but (of course ) not great . He has to show that they are positioning for
what is to come. Making PHOT attractive to the NEW BIG GUYS -not just playing the daytrader racket for cash
As stated before ;there is no doubt that the MJ industry will be huge. The problem is that MH has made alot of leading statements
and the time for ACTION is now -as the big movers establish the
core of the development . Their commitments will be to the
developers that START NOW. Past history is somewhat irrelevant if
PRESENT holdings show the ability to grow with the financiers needs.
MH has somewhat cleared up the debt - NOW IS THE TIME FOR ACQUISITIONS AND AMALGAMATIONS to BE IN PLACE -NOT TALK OF THEM .
THEY MUST BE IN PLACE WITHIN THE NEXT MONTH .THEY need to Establish
the ability to provide the SUPPLY SIDE.
There are some large speculators;but the "BIG GUYS " will only dive in when the business fits their corporate structure -of which
tax deductions is a large part -they have to answer to their shareholders-which MARCO doesn't seem to care about
Not just attny gen ;bank regulators and financial sources of loans .
ability for MJ producers to declare tax deductions for business investment and costs for labor ,etc
Please let us know what you find. What time frame are you talking about?
Agree with your sentiments and description completely . The real battle now begins with the demand for MJ against the now conservative powers
trying to stop it -and ultimately the settlement will be somewhere between
the 2 thought patterns . There is enough legal precedent now to fight
the battle . Ultimately greed and business $$$$ will join in when they get their fair share of the pie . The question is WHAT IS THE FAIR SHARE ?
They will push regulatory control that favors their position .The stakes are now high enough to keep their interests active. PHOT could be one of
the component parts that they need to gobble up to gather market share ;
BUT Phot must prove that they really DO have the connections they claim.
That means they need to INK contracts and complimentary agreements NOW.
Time for MARCO to Produce REAL agreements -NOT just fluff. The market is real and the big guys don't succumb to the Bullshit -they want solid
business factors as they add to their empires in changing business environments.
MH has gone silent on that -as he has on all the other baiting statements.
To date there has only been contraction of sales ,greater dilution and
more leading statements ;followed by further dilution to pay operation costs (his salary and benefits ) (discounted shares which are then sold for profit by insider investors )
Not Arizona
Now the REAL work begins . The spec and hype has now led to a viable market
that everyone knew would occur. The future awaits the s urvivors that can stay in business while government seThe
ts the regulations MARCO better come up with some REAL revenue prospects -not just baiting statements .The regulators and controlling powers will look to the stable established companies for assistance and consultation.
PHOT better get it's shit together with contracts and commitments-SOON.
The time for VERBAGE is over . The dilution is somewhat acceptable IF
IT LEADS TO CONTROL OF MARKET SHARE and PRESENCE in the strategic areas
of growth . MARCO -time to hear of your CLOSING some "HIGH IMPACT DEALS"
His SILENCE and avoidance is Crippling
MH is not the clown -he is very skilled at carefully making safe enticing statements , while still remaining within legalities ????
after all =the main present stockholders (insiders ) are all lawyers. He (MH ) keeps a large (disproportunate ) salary and
benefit package coming in ,while he does the dirty work for insiders.That is why he is PAID a high salary . The insiders will keep this process going as long as possible while periodically collecting on pump and dump.
This is going nowhere .unless MH finally comes up with some CONCRETE
deals that change PHOT's source of revenue. HE has placed another
safely worded CARROT on his tweet ;but has not accomplished any of his blue sky claims . No person who has done their DD will trust this company again -until their is some real roads to expansion =
not contraction . YES the hype of today may produce short term gains
:but the sustainability of this stock ,hangs on it's ability to grow in the expanded market . TO date there has just been LIP SERVICE and profiteering -promoted by their front man MH.
April 7th and no movement to these goals other than talk . Lofty and well stated ;but time for some concrete forward movement ,other than self fulfillment for insiders
Been patient for 4+ years and now is the time for REAL ACTION .
As the MJ industry finally develops (depending on election results )
certain companies will become the leaders and established by their structure and history and their positioning . PHOT can't thrive on it's history -which is not positive in REAL business terms . It's
not enough to claim BLUE SKY knowledge if it is not founded in
business accumen. The BIG investors and Parent companies do their DD -not just into it for the fast SHORT opportunistic gain. The full industry will take an additional 3-5 yrs with legislative ,
regulatory, and financial support loosening.
Waiting for Godot
IT'S LONG PAST TIME for MH to produce TANGIBLE results -NOT just
VERBALIZING and waving the flag -at strategically timed intervals.
Your not alone . There are many of us who would like to see some action and honesty from MH and his crew. The self serving hype and
buddy system of insiders has become totally apalling
Thanks for the historical explanation of the truth behind the so called short sales .
Real troubling having more discounted shares to the same people that were in power during the crash . These insiders and the existing
47 million shares that Sterling Scott owns ,give them huge voting influence to implement whatever they want. There has been NO stockholder meeting and now the return of the original board members.
This certainly does not give anyone confidence to overcome the
Psychological distrust that PHOT needs to overcome -for real upward progression. Yes there might be a short term rise ;but; what does this hold for the longer term growth to any real potential-proclaimed by MH. There has been NO growth of market potential
_through contracts or acquisitions-the original justification for
expanding the # shares for sale . The dilution might be somewhat
acceptable -if it was to gain market share ;but it has only been for expanding the fat cats quick cash and salaries.
Check out the form D 10/28/16
JJJ-your running tab on PPS forgot to list close at .0165 and almost 3:1 sell
The original purpose that the stockholders permitted Sterling Scott to expand the amount of shares -was to acquire other businesses
and expand the revenue source -they have NOT done that . It's time to use that source to expand their reach and sources of revenue .
Not use the remaining dilution to feed the insiders more quick cash.
Agreed ;but to date ,none of the dilutive shares have been used to acquire contracts . Hopefully they will be used ,in future , to acquire other income resources .rather than paying the insiders .
The shady person who had their wife sell shares is still around and owns 47 million shares and has just acquired more . His stench and influence is still lurking in the background. It's these lingering causes of distrust that cause people to not trust the present management and to remember the history of PHOT
The shady person who had their wife sell shares is still around and owns 47 million shares and has just acquired more . His stench and influence is still lurking in the background. It's these lingering causes of distrust that cause people to not trust the present management and to remember the history of PHOT
This was your comment 2 days ago .
.008 to .016/7 is 100% not 200% and the daily hype is to .35 /.40
or higher . What signs does this present management show to be around long enough to reach that point ?
I agree with your sentiments and the disregard is the part that is apalling . We all take responsibility for our investment actions ;
but the dishonesty and abuse is what is the most bothersome.
Silence because he has done nothing to position this stock for the LONG haul. The coming off the greys was not real and was paid for to the CFO -who has left the board . The insiders have all accumulated large bundles of shares that can be unloaded during the pump for all MJ stocks up to the election ; and slightly beyond if there are good election results. MH 's contract ends DEC 3 and and he is positioned to sell his shares at a profit over his salary.The shares to insiders have all been almost a gift because of the large discount
and notice that they acquired them when the PPS was manipulated to it's near low point . Their has been NO contracts or income development . What happens when DEC 3 arrives and this company has to really produce results .My comments on this have been deleted by someone -in the past and hopefully this stays up long enough to confront the euphoria hypers that are dominating this blog at present. They have beaten down the negative commenters -who may have their own agenda;but this stock has some definite problems and
management presents deep concerns over their intentions after DEC 3
I am a LONG for the growth of MJ industry and hope to recover some of my loss from 2014. ;but question the longevity of this company .
Their business actions don't match the hype.
I believe someone mentioned a 1 million share award to a ? Strake
On looking this up -the only listing I found was for a promotion and consulting firm -out of Las Vegas . If this is accurate ,can someone comment -has PHOT hired a marketing agent -to promote ?