![](http://investorshub.advfn.com/images/default_ih_profile2_4848.jpg?cb=0)
Thursday, August 07, 2014 12:19:01 PM
I agree with some of what you say, but to say the previous regime and their ideas were premature instead of failures, IMO is wrong...
They were failures pure and simple, they were failures compounded by habitual lies told to investors/supporters for the pure monitary gain of a few...
John Q Public has very little information to go as to what Hegyi and the boys are up to, other than they want to be the supplier & friend to commercial growers .....That is basically what PHOT has wanted to be from the get go...
Take the so called GIFT program, they were going to furnish/lease grow equip to comm grow operations for a unnamed amount of $$$ and also for part of the harvest....
We all know how that turned out, not one inked contract unless you can call the LeafAspen deal (Which was basically just a lease to purchase agreement, Not even sure if it is still in effect)!!
It is impossible to make a silk purse out of a sows ear...
Personally I would like to see PHOT dig itself out of the muck it has gotten itself in, to the point I/we/all of us can make some more cash......BUT with no revenues coming in, civil lawsuits looming overhead, creditors (I bet) knocking on the door, Hegyi's $1.9 mm dollar salary and who knows how much other overhead wanting to get paid, they will have to sell/lease tens of thousands of units of equipment just to keep afloat, let along make a profit....Obviously, the existing commercial growers out there are getting their equipment from somebody else, who is doing it better, faster, stronger and obviously more reliable!!
I apologize, but I just do not see it happening.......
Recent PHOT News
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 05/16/2024 08:10:40 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/05/2024 09:37:01 PM
- Form D - Notice of Exempt Offering of Securities • Edgar (US Regulatory) • 02/02/2024 09:22:33 PM
- Form 10-Q/A - Quarterly report [Sections 13 or 15(d)]: [Amend] • Edgar (US Regulatory) • 07/19/2023 08:43:46 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 07/19/2023 01:36:57 AM
Last Shot Hydration Drink Announced as Official Sponsor of Red River Athletic Conference • EQLB • Jun 20, 2024 2:38 PM
ATWEC Announces Major Acquisition and Lays Out Strategic Growth Plans • ATWT • Jun 20, 2024 7:09 AM
North Bay Resources Announces Composite Assays of 0.53 and 0.44 Troy Ounces per Ton Gold in Trenches B + C at Fran Gold, British Columbia • NBRI • Jun 18, 2024 9:18 AM
VAYK Assembling New Management Team for $64 Billion Domestic Market • VAYK • Jun 18, 2024 9:00 AM
Fifty 1 Labs, Inc Announces Acquisition of Drago Knives, LLC • CAFI • Jun 18, 2024 8:45 AM
Hydromer Announces Attainment of ISO 13485 Certification • HYDI • Jun 17, 2024 9:22 AM