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Thursday, April 18, 2019 2:43:24 PM
What are these guys even selling at this point besides shares?
The reason to buy PHOT used to be that these guys distributed a whole bunch of grow supplies. I called their service team in 2016 after another leadership change and they were only stocking from vendors as they received the orders, meaning shipping times and prices were doubled - even tripled in many cases. Those aren’t competitive strategies to keep you in the game long term. The lady on the phone was nice, but also implied stock was very limited.
They are a far cry from when their supply sites like Greners.com were still well known and reputable. I’m seeing that the site now forwards me to what looks like a defunct growlifeeco.com.
Sure I’d like to believe in a comeback story, but aren’t we too far gone at this point?
Looks like they’re just using shareholders to pay off their many many millions of dollars in debt at this point.
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
Glidelogic Corp. Announces Revolutionary AI-Generated Content Copyright Protection Solution • GDLG • Jul 26, 2024 12:30 PM
Southern Silver Files NI43-101 Technical Report for its Updated Preliminary Economic Assessment for the Cerro Las Minitas Project • SSV • Jul 25, 2024 8:00 AM
Greenlite Ventures Completes Agreement with No Limit Technology • GRNL • Jul 19, 2024 10:00 AM
VAYK Expects Revenue from First Airbnb Property Starting from August • VAYK • Jul 18, 2024 9:00 AM
North Bay Resources Acquires Mt. Vernon Gold Mine, Sierra County, California, with Assays up to 4.8 oz. Au per Ton • NBRI • Jul 18, 2024 9:00 AM
Nightfood Holdings Signs Letter of Intent for All-Stock Acquisition of CarryOutSupplies.com • NGTF • Jul 17, 2024 1:00 PM