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Tuesday, August 05, 2014 11:28:20 PM
Having said that, it seems that a cabal of unscrupulous law firms have tried desperately to cobble a class action lawsuit together. Not enough people have stepped forward for what seems to be a very small fractional settlement for each individual. It now seems that the whole lawsuit may just fizzle out altogether.
In the likely scenario that the class action goes away, a market maker would once again delegate bid and ask spreads. PHOT starts to trade normally again with bid and ask prices available.
Remember the logical fact that Grow Life is the same company today that once traded in the .40 to .70 range not even a year ago. The PPS would snap back there in a few days if this silly class action just went away.
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