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I forgot -They don't have an office ; just a drop box at the Kirkland
rent a room and post box space
Is the reversal you are referencing the last sale of 19,000 shares at
pps .0038 yesterday?; after millions of shares at .0033 to .0037 . Those shares amount to $72 at last minute of day . Probably was MH
buying latte s at Starbucks with shares -instead of cash .
maybe even a pie for the office ?
The operating costs largest bulk are salaries and do not have to be listed as direct payment to board members and insiders.
Where are we now on the O/S share level . Last discernable level was
4.2 billion -between actual amounts and obligations -that was more than 1 month ago and there has been hundreds of millions since then .
And AGAIN ,item 16 of this transaction states that the funds are to be used for obligations to board listees. When I mentioned this a couple of weeks ago -one individual stated that that monies were for investment and
buying down debt . The MONIES continue to be used to pay salaries and
maybe some debt-the bulk is used for self enrichment and DILUTION
continues to be the primary method of paying for loans -the pps is
deceptive -considering that the loans carry interest charges ,which
cover the pps differential and then it is dumped on the open market
and the trading agencies get UNCONTROLED transaction fees - they have ties
to the lenders -SMOKE AND MIRRORS
You expect Marco to tell you the truth ? Phot is doing good for him and that's the extent of his thinking. Everything else is just his
rationalization for his soul. We could debate whether he knows about his
intentions -are they crooked or simply self deceit for his ego ;but it doesn't matter -the results are the same.
The SAFE act passed the US house of Reps Wed. It goes to the Senate now.
The act allows for commercial banks and financial institutions to
invest or loan monies for MJ companies ,as long as those companies comply
with the state regs on MJ in the state they are in. Too bad PHOT is so
poorly run that they will not meet any legit lenders requirements and there is no longer any equity .Now I guess the next greaser move will be to
squeeze out the remaining outstanding share authorization ;then R/S
and Scr-w everyone ;then declare insolvency and scr-w the lenders(they got their monies through interest and deals through the process and are now
dumping shares for remainder . Then MH and his crew will organize new
scam or company or work for new investors . who by assets at fire sale
prices (or maybe there will be an actual fire)
He definitely does have sociopathic issues that make him NON TRUSTABLE for
interests of those who have so called "normal thinking "
He does not care about "your needs" unless they help him progress to his own SELF INTERESTS and that presents a problem ,because he misuses the trust given him - it's a shame it has come to such sharp terms ; but
too easy to avoid facing until it is put IN YOUR FACE
:
Just now on MSNBC .Congressman Denny Hecht stated that his bill for Marijuana BANKING comes before congress tomorrow -he said he has been working on this for 6 years
Well I guess that the announcement about expanding cloning was
MARCO's good news- He has again given the bait(conference call on
9/12 -stated "good news in 30 days"). The investors don't seem to be
believing his BS. Many call word promises followed by NO results-there is
a long list, while his own self enrichment continues , Dilution continues,
PPS drops.
Can anyone explain why Marco continues to get bonuses based on 4% of EBITDA
when the EBITDA is listed as -4.52 M .
And the amazing thing that a lot of people keep missing on this board
In small print at the end of each of these giveaways ,is the statement
that the bulk of these share sale revenues WILL be used for payment of
salaries and money DUE to the board and executives-IT ALSO STATES THAT THE
AGREED ON PRICE OF PPS WILL BE ------ ADJUSTED ------.
The end of the 6 billion authorized shares is QUICKLY coming to a close
and R/S is now visible on the horizon.
He will milk it until it's dry -he has a history of this in previous
business dealings . No conscience -A true sociopath- he believes it's
good because it's good for him ($576,000 salary package for 2018 and continues to rise). As he continues to raise the companies numbers ,he raises his income EBITA and bonuses -even though the debt rises.
The company has allocated all it's assets(????) any left?
When he reaches the end ,he will have accumulated large $$$$for himself
and then get a position (? ) as a division manager for some other company
and maybe a payout ,if he owns the patent rights to a successful patent.
The takeover company will get it at sub dirt prices and shareholders
will GET NOTHING . There may be periodic fast turnover opportunities ,as the HYPE wagon continues -Marco will continue to think he is doing
good -BECAUSE ITS GOOD FOR HIM -in his mind, if it's good for him -it's
good for everyone-NO CONCEPT OF OTHERS.
REMEMBER HIS QUOTE ABOUT 2 YEARS AGO -That he HATED traveling COACH
He has an inflated concept of his worth and has found a great way to keep
it supported .
Probably that there will be a NEW "OFFERING" and each shareholder who
buys in, gets a free copy of the movie The Exorcist.
This last dilution is outrageous -read the details . It states that if there is a split -this last release to Triton will be adjusted and thus NOT
subject to the split WITHOUT adjustment . So Triton has already
made $2.5 available to PHOT and are collecting the interest . They now have
416,666,617 shares to sell on the open market and ARE ALLOWED TO ACT
AS THEIR OWN SALES AGENT ,WITH all appropriate commissions . smoke and
mirrors so they can make up any misleading appearances of loss.
They also have collateral of ALL COMPANY ASSETS.
ALSO, LOOK AT THE SALARIES AND COMPENSATION of the board members.
MARCO again had an increase for 2018 to a package of $576,000 .
They are getting close to the 6 billion authorized shares and Triton
will be exempt from the other shareholders split ratio.
The board will probably have some type of compensation ratio ?
The R/S is coming -they are planning for it ,and have been .
8 more days until Marco's 30 days good news statement reaches it's
date (stated 8/12/19 on conference call)
Who knows???? Since the insiders no longer have to disclose ,at this level
It could be an unload of insiders ,before a R/S or it could be more sale
of ?? authorized ?? shares to get near the 6 billion level and then the R/S
or it maybe EVERYONE has finally reached the fed up level . My leanings
are toward the Manipulation angle and then the R/S.
Marco may need a newer car now that the 2020 models are out and Labor Day
weekend holiday may be spent at some resort .
+ almost 15:1 sell:buy
Because he can BONUS himself new shares to make up the difference and
the R/S gives him the ability to continue to sell more shares for dilution
and pay his salary. If you look at the ratios of share reduction (after R/S)and the other authorization to change number of shares for future
sales -it actually increases the dilution ratio ;AND IT GIVES HIM THE
ABILITY TO KEEP THIS SCAM GOING ---- PAY HIS SALARY AND AT THE RIGHT
TIME FOR HIM TO CASH HIS SHARES OUT -pickup some extra cash AND KEEP CONTROL OF ALL VOTING -during the process
SMOKE AND MIRRORS . He also (with possible control of any PATENT) can
bargain his way into a management position with any takeover -while
the common shareholders ,take the bite. All the promises have so far failed
He has 16 more days to come up with his last pronouncement that there would be announcement of good news in 30 days -made at phone conference on
8/12/19. He is not sacrificing anything ,while collecting OUTRAGEOUS
SALARY and BENEFITS at shareholders expense.
Why don't you ask him ? You have stated ,in the past , that you had
personal communications with him.
So Happy days is if this stock gets back to basically 1/2 of the "OFFERING"
then R/S to wipe out everything . While MH gets outrageous salary and insiders unload their shares . Well I guess MH has another 28 days of
BS to (from 1 month)produce on his quote "good news in 1 month"
I guess euphoric dementia is a good thing
And WHY is that ?
THANK YOU
THANK YOU
THANK YOU -IS THAT 4:30 EDT or other ,since MH is located in WASH. (PDT)
MH invites shareholders to join phone conference on MON ; No details
on TIME and HOW to join -is their a link ? or does anyone know the
details ?
It has been sales far exceeding buys for some time and today approx.
3.5 /1 sales /to buys
Time to open the windows and pull up the blinds . 89,000 shares at .0055
amounts to $448 dollars purchase after an entire day of down and prior to close 3000 shares at .0054 amounts to $16.20 = grand total $464 . I
guess when all the lights are out ,turning on a flashlight appears as a great illumination . Remember the "OFFERING " -not that long ago.
Strong macho talk does not show strength
Rock What ????
10% interest on $1,105,000 and only $1,000,000 cash loaned -high
interest return for 1 yr with ALL company assets collateral .
This to pay for (" working cash" ) -to date ALL the working cash
has been used to pay outrageous salaries and bennies .Most /if not
all acquisitions have been predominantly done with more dilution
shares and MORE debt. The O/S in May was at 3.7 Billion /up from 3.5 Bil
in Mar. Now the obligated (must be kept on reserve ) is 4.2 Billion.
MARCO will play this out right up to the 6 Billion authorized shares and
then RS and try it all over . ALL TO KEEP HIS SALARY COMING IN.
THAT IS WHY THIS KEEPS GOING . We have not heard about any results from
LA convention show and next quarter will show continuing DEBT growth
outpacing sales.
I'm surprised that PHOT is able to remain at it's present listing level;
the requirement for where they are is to be at /above .01 pps; they have been below that for quite some time.
AT this point ,a R/S would not create enough increased pps to launch an uplisting
again -I hope so . Has there been any actual sale or installation of the
vertical grow system from Growlife or is it still in it's test phase ?
I hope so
That serves as a NEW HYPE for selling shares - buyers are NOT buying this hype anymore -they want to see RESULTS /SALES /DEBT REDUCTION/ END TO DILUTION
and the stock PPS reflects the suspicious attitude toward this stock
The booth that Growlife scabbed onto at the conference 2 wks ago was
EMERALD METRICS booth -NOT GROWLIFE . I reported on that 2wks ago and also researched the company . They are an EXTREMELY HIGH TECH company trying to raise money on a yet to be proven system for monitoring plant growth .
High Tech can be useful if it works and and is not just a way to jack
up startup costs and - many high tech companies have failed -out of silicon valley ;because they just created a high in the sky idea that did not prove
as valuable a tool as they were hyped to provide .
Growlife had a "store within a store " concept with ACE hardware : Let's
hope that this is not "a scam within a scam " MARCO likes to play the
high tech game - it deals in a lot of imaginative ideas that DO NOT
pan out when rolled into production . MH likes to deal in UNPROVEN
concepts because they can't be TRACED in their history.
see post #115678
I checked on the booth (#937) at the convention that Growlife said
they would be "ATTENDING" in New Orleans . The booth is listed as
EMERALD METRICS and they are a start up tech company with high tech
equipment and analytics that predict crop health . Growlife is NOT
listed as an Exhibiter . I checked Emerald background and they had an agreement (April 2019) with EZCLONE to utilize their analytics along with
EZCLONE . They are an seeking money to sell their product and establish themselves (A STARTUP ). This could be good if the analytics become established and are not just a HIGH TECH HYPE that goes unproven.
Unfortunately I remember the MARCO hype about "a store within a store".
at 1 ACE hardware in Phila . Growlife DOES NOT HAVE AN EXHIBIT at this convention-They are "ATTENDING" as an attachment to another exhibiters
booth at a convention with a HUGE number of established companies and booths.
I hope they actually spend time at the booth and not just wander through the French Quarter. It's beyond time for Growlife to become associated
with established MJ companies - hopefully not just another FLASH /BANG
that vanishes . WHAT EVER HAPPENNED TO THE GREAT PEAT SOIL THEY WERE
HYPING?
If gravity is pulling this down, at what point do we reach the EVENT HORIZON (point of NO return ) and get SUCKED into the black hole .
Can't be far off; and the deeper the pull toward that horizon ,the
energy needed (announcement ) to break the pull becomes greater and greater.
sorry -exorCist
Amazing how people forgot that this stock would have to rise almost
100% to be back to the ,not so long ago , "OFFERING " ; and almost
200% to get to the 2nd part of the "OFFERING". The monies presented -up
front- are almost gone (mainly paying inflated salaries and bonuses ;
while acquisitions continue with DILUTION and the R/S looms in the background . The "OFFERING " now shows itself to be something from
THE " EXORSIST " movie.