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Friday, October 31, 2014 2:56:35 PM
here's a starter:
ABOUT
Individual Investor with a MBA in Finance from Loyola University Maryland, and a Masters of Science in Computer Information Systems from The University of Phoenix in Arizona. Currently working in the defense industry.
http://seekingalpha.com/instablog/730663-perry-coleman/1755271-shifting-the-tide-for-marijuana-stocks-a-simple-and-elegant-solution
http://seekingalpha.com/instablog/730663-perry-coleman/1759561-growlifes-intent-to-acquire-evergreen-garden-center-could-fuel-significant-growth
oh look he loved PHOT - and it got suspended! what does that say about HIM??
and don't miss the projections made on PHOT - look like the same thing he is doing with MJNA!
Conclusion
As you can see, GrowLife's acquisition could add some nice zeros to the bottom line moving forward. The company's market includes both retail and industrial growers. With legalization on the horizon, both markets could see significant growth. Of course, the purchase has not been completed as the company is still doing due diligence. Also, micro caps in general come with a lot more risk than more established issues. But remember, GrowLife is a fully reporting company, and a small investment now, could yield some significant returns in the future. And if the new legislation House Bill 1123 Respect State Marijuana Laws Act of 2013 gains traction and is ultimately adopted, demand for the company's products will skyrocket.
Disclosure: I am long OTC:PHOT, OTCPK:MJNA, OTCQB:CBIS. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it. I have no business relationship with any company whose stock is mentioned in this article.
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