Friday, October 19, 2018 3:42:23 PM
they DO NOT have an increasing price ,like everyone in the "OFFERING".
THAT OPTION for them can be EXERCISED for 5 years in the future.
That means while shareholders are cut off 11/12/18 and shareholders CASH
is in PHOT'S possession they are CUT OFF with no recourse and the MONEY
can be "USED AT THEIR DISCRETION " The "OFFERING " purchasers will then
have their shares reduced R/S 100/1 or 150/1 and the price per share
would have to RISE by between 100 to 150 XX to stay even .
Then the board could buy the new shares at the OLD price . They in affect
have your MONEY and can then buy MORE controlling shares and multiply
their PERSONAL GAIN by 100 to 150 XX
Is their any WONDER why there is DISTRUST of this management?
The filings dribble out and disclose the truth of their intentions. YES
the price ?? MAY rise ?? but not to your advantage -at present pps .012
you would only stay EVEN at $1.20 to $1.60 pps. ALL the filings have to be READ as ONE PLAN
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