Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
sorry about typo on previous message would /not wound .
How can these large trades be tracked -to make sure they are not finding ways to skirt insider trade rules or unloading small chunks at a time -hidden from the public ?
A reply wound be long overdue
What is the state of LOI for Green Gro ? ? What are the terms ? Is this a cash give away to Fasci . What happened to the supposed
stock holders meeting this summer ? What is the state of the company ? What is happening with S1 and a true return to actual trading ? All these were carrots from Heygi - in his last verbose
proclamation . I hope the CUBE is not an opportunity for PHOT to unload it's remaining stock on unaware customers -their rep is not good and who wants to subscribe ($) to a service which may not
exist if they belly up or don't deliver (their HX). It sure
appears they are just keeping stock selling to keep their own
salaries or a slow cash out- through this year - while the legislative hype remains high .
An HONEST statement is LONG overdue - not an ego/based smoke screen
To Knewb: -any luck on getting by new offices in Kirkiand ?
I agree and what happened to the Green Grow purchase -not LOI ? Remember when they
were acquiring all the other partners-before their crash -those deals all fell through when the other companies did their DD .
This company has a HX of press releases followed by failed deals.
I am thoroughly hoping that they will survive and thrive ;But
it has become increasingly difficult to believe the propaganda coming from the CEO -clarity/ claimed transparency is hard to believe ,when releases continually show more dilution and more debt.
The only accomplishment seems to be contrived ways to keep his salary .
You keep posting this same quote -this is part of the PR that the company uses to promote themselves . Can you post any of the accomplishments they have achieved to meet these grandiose
desires . We would all like to be king or part of the royal court
;BUT ,it AIN'T going to happen . I would like to be part of a
positive future for this company ;but the reality is that they are failing their stockholders ,who have given them latitude to
exist this long .
Thank you for your efforts -looking forward to your observations and I believe many others would like to hear from an on the site
view . The amount of positive and negative spin doctors is becoming overwhelming -including the management . It will be great to get
a on site view -positive or negative .I know a quick visit can't
learn details ; but can sure get observational impressions from
the site and how any staff acts.
Knewb -were you able to go by the new office and observe anything
Please report if anyone is present at the office and any apparent appearance of activity -including presence of CEO . Has this become a convenient health club type office and Starbucks ,in the area -a place to conveniently collect high salary ,and bennies ,while the company conveniently marches downward . DID they increase their monthly rent or leave their last location owing rent? I understand the importance of maintaining an impressive location
;but, not at the expense of further losses -to maintain the ego
of individuals who can't face their loss of stature and hang onto their previous record ,as justification for their present salary
and stature. THANKS in advance for your efforts and looking forward to your observation.
I don't know the answers to your questions ;but the deal does present some serious questions as to Fasci's involvement . It has
an appearance of insider smoke and mirrors . Was a loosing
venture purchased at a high value (based on sales) and the debt
cleared for Fasci"s odl holdings-clearing their books at a profit
and then the debt transferred to Phot -in the form of shares
Is Phot making a good acquisition or just a ploy for odl and
Phot to juggle their books at the expense of the stock holders
It may be a good acquisition and process ;but transparency is
unclear ,considering the insiders involved .
Unfortunately , Sterling Scott still holds 47+ mil shares -his ugly head will reappear at some time ,if the pps goes above his
acquisition points. He didn't pay for these shares -that was truly
the GIFT program he spoke of . It's too bad that the shares to pay
for law suit settlement can't come from his stash. True justice
would penalize him for this mess and not the loyal shareholders.
Yes and they do not seem to be exhibiting in San Diego at the CANNA
meeting with over 40 other exhibitors. While this all happens -they continue to draw HIGH salaries -totally disproportionate to the revenue produced . I am also a long holder and becomimg totally
frustrated by the lip service and empty promises. Seems like the sell down of assets and acquiring debt is only supporting salaries until it can't do it any longer . No PR. No innovation.
Just very infrequent thank you for your patience statements and no
other way to actually contact someone . The twitter contact for Heygi has already told people not to list their grievances
and not a place to answer concerned stock holders serious concerns .
You would think they would have some concern for reestablishing
a good reputation to counter the negativity of the last 2 yrs.
Numerous posts seem to suspect that something is being manipulated .
The listing of how MM s work -stated that MMs don't even have accept a sale if they don't want to . They are only required to list all sales by end of that day not the end of trading day.
There have been almost 2.5 million shares traded daily after hours(form T)
for almost 2 wks .
If 2.5 million shares are acquired through each day at .0185
and held until after hours and then sold at .0195 That's
a .007 gain and a resultant $17,500 gain DAILY
Hmmmm sounds kind of insider - not responding to bid/asked -
more responsive to selective traders scratching each others back
and inside track to profits .
It's bad enough getting burned by fraudulent liars ;but it is even worse that nothing has been done to Sterling Scott or Hunt who traded as insiders. Scott still owns over 90 mil shares and has not been punished at all -to my knowledge -Yes ! he is a lawyer and probably has himself protected on all ends. Something should be done to him and his wife who silently ?? cooperated for his and her gain. He also should not be able to benefit if this ever does pull
itself out of it's hole. Does anyone know if any charges are pending against him NOT covered by company and shareholders. Does anyone know a avenue to bring him to justice
What did MARCO mention =I don't see anything on facebook or twitter
Yeh -up 100% temporarily -due to new infusion of money at 18%
interest and secured by all assets /inventory of all companies
due in one year. Is this the final screw that keeps money coming in for 1 more year to pay exorbitant salaries and then turn over whats left to creditor or will this be used to keep things going
while everyone awaits the 2016 election and legislative changes ?
One can only hope for the positive :BUT, the track record has not been good and there has been NO REGARD for the peon common
stock holders.
If you know at least 1 lawsuit ,as mentioned , please list any contacts that might know how to pursue or clarify these cases. I checked your references to VAPE posts and it sure looks like the same
low lifes are continuing their scams .
Does anyone know if there is any litigation in process or starting up for the stock holders who ARE NOT PART OF THE CLASS PERIOD -, Is there any litigation in process for the insider trading and/or the exorbitant stock grants awarded to the
directors . This settlement is being paid from the stockholders and doesn't punish the perpetrators. The people who were not part of the CLASS PERIOD have no settlement for the mismanagement and supposed insider trading . If there is an action in process -Please list contact people /or law group
Aware of info you provided -thank you . I am interested in ways to keep pressure on PRESENT management -this may be totally
unrealistic , since they are showing their true operation mentality by ignoring their stockholders . Would like to hear some public relations responses -whether BS or not - ignoring
their constituency ,under the arrogance of knowing better and deception , is the ultimate insult
Consistent silence to questions of stockholders . No financial reports; no justifications for exorbitant salaries and share gifts to insiders; no transparency on present transactions. Now consistently having many daily trades in the .01s . Does anyone know the legal obligations for reporting financials ;the requirements for yearly shareholder meetings and further fiduciary responsibilities -IS IT TIME FOR THE HOLDERS to join together and seek further litigation and also contact the SEC .
If you look at top of column of posts on this blog ,there is a
blank that allows you to enter a message number and then GO TO;
It will then pull up the list of messages ,with that message as the first one .(you have to scroll down to that list after the
the blog resets itself to that page ) MESSAGE 46157 done
on 1/12/14 by pcanellis
Sorry -the post refers to post 46157 from way back but worth reading
Interesting part of his background check -see my post 95583 on
5/20/15
No Financials ;No Explanations ;No Updates ;No Response to
Shareholder's requests : NO COMMENT ! I think the silence speaks for itself.
What are the legal requirements of GROWLIFE -to report its'
financials to the shareholders and yearly shareholder meetings.
Tried the number and you are correct-get a not available answer ,
from a cell phone type answer. Sorry to see that the company still
does not respond to inquiries. The Colorado stores are still open
FOR NOW -that's why I ??ed ALL the stores. Thanks for the update
and hope this is not another downward non-disclosure . The transparency proclaimed by GROWLIFE ,obviously does not withstand the test of time/reality.
Just happened to pull up a previous post #46157 from pcanellis
( who is presently suspended from ihub until 2018 ) He checked on HX of growlife and canx officers way back in JAN of 2014. They all seemed OK except for read HX of HEYGI- Scary HX regarding obligations beyond himself. He also wasn't able to find Sterling Scott .
Spoke to both Colorado stores today and they are both open and have NO for lease signs out WED 5/20
On what basis are you making this statement ? Have you physically seen all the stores with closed or for lease signs or have you read this somewhere ?
And NO apparent penalty -what so ever . He still sits with over
45 million shares . The settlement of the grouped cases does NOT
touch his free gifts to himself and the other gifted holders.
The only GIFT Program has shown its' real face.
Exactly
Even worse is their disregard for their stock holders -who have made multiple requests for the financial filings. No response
and then PR video -while still collecting high salaries
Interesting that the SEC by narrow vote is now proposing a new
requirement of exposure that the CEOs and officers of a publically
traded company report the TRUE amount of their earnings (including options and full package ). They have to show income proportionate to shareholder's gains. Shame this can't be done retroactively in PHOT i.e. ;but maybe it will bring current board
under control -if PHOT survives the current BLEED. Also interesting that the vote was split on party lines -with Rep
voting NOT to do it.
Thank you for news ;but the link will not allow view of the text of settlement without temporarily registering for their service.
You CAN'T register without a "professional email" . My email
is my professional email ;but not their "select profession "
Can you elaborate ,with synopsis ,some of the details? or provide another access ?
The last 2 10ks have not been filed . That has been inquired
about on the shareholder inquiry link -no response . In addition,
it has now been way in excess of the 45 day time period for court acceptance or announcement of settlement to combined litigation
negotiation. Have tried numerous times to get a response and nothing . Today called stores in Colorado -they are at least still
open . Called corporate office in Seattle and get a voice mail-not very Corporate to have no live person at phone-more just evasive to avoid inquiries and cherry pick who they will ????
call back. The store in Boulder said they would send an email
stating that the shareholders were calling concerning-no response
Maybe ,if enough shareholders call the stores ,it will evoke a response -be it BS or not.
I am in the same position as you . Have emailed them (at same address link) 4 X over the last month . Have had no response
to ?s about settlement -now way beyond 45 day time line they stated ,and ?s about no quarterly filing for last 2 quarters.
They do not seem to care about any of the shareholders' interests
and arrogantly suggest that they have the right to remove emails
they feel are negative -stated on facebook page. Hard to have
any inkling of trust in a company that states they believe in
transparency and practices the exact opposite. They have no regard for the mouth that feeds them ,while sucking out high
salaries that their sales don't warrant or support.
It's now been more than 2 months since announcement of proposed settlement of litigation cases. Filing said it would occur within 45 days. There has been no quarterly report for 6 months and PPS is continually working it's way lower. What's up ????. Has anyone
seen any documents that have not been generally listed ?
Why NOW ?
???? 3rd quarter
I asked before ;but no one has answered -How is it determined
what price and who's shares are sold and bought ? There is
supposedly NO BID/ASK on the grey's -so why is there so much
fluctuation -Somebody establishes the price and arranges the buy sells. Previous experience with stock market tells me that
the broker or sales person tends to make deals by who they
are familiar with ,and it is their discretion who gets what at what price- Rigged ???? -maybe paranoid ;but somebody handles these variances .
On a good note- Maybe PHOT is finding a legal way to shed
some of the rotten tomatoes -last filing -to change HUNT's
access to some shares -reduced # and restricted.
Since there is no BID/ASK . How is the price determined ? The sales are all over the place . Do the brokers negotiate /or
how are these prices established. Please ,if someone can
provide an understandable answer -for my ignorance -as to who is controlling these price variations ?