GrowLife Inc (PHOT)

[PRmaniac]

Likely price manipulation on PHOT
excerpt:
The Grey Sheet Market is unregulated. There will be no Market Makers to keep an orderly market.

From studying hundreds of formerly suspended stocks reinstated to the Grey Sheet Market there will be manipulation...lots of manipulation. The SEC implemented its strongest sanction possible so there will be NO interventions by the SEC to prevent any Grey Market manipulations.

There will be collusion to support the PPS (price per share) through cross trades, EG., one account sells an odd lot at a higher PPS and a collaborative buyer will buy that odd lot....EG., a 49,724 sell with an exact buy order for the same number.

The gullible will be deliberately led to believe that there is support for the PPS. That will be FALSE support that is intended to induce buying by the gullible so that the cross traders of the exampled 49,724 orders can SELL as many shares as possible.
This type of amoral manipulation will occur hundreds of times until the sellers have sold all of their shares.