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Re: Mr. McCringleberry post# 31823

Friday, 11/22/2013 5:03:54 PM

Friday, November 22, 2013 5:03:54 PM

Post# of 120648
And noticed how the JV is structured. The PEOPLE guys initially want to control the deal flow and develop a platform for PHOT. Once it is nature, as evident by $80M business, and only then, will they turn over control to PHOT. In other words, they feel they can bring value and expertise we don't have now. So they have skin in the game. That is classic business.