I appreciate the feedback. I am in agreement with you. Just trying to understand the company better. Below are a few thoughts in response to your responses to my observations.
Alot here, some of which I disagree with.
Rob Hunt's interviews with AB and CFN,
clearly indicate PHOT is in negotiations
with potential Gift program candidates.
When asked on CFN, " when are you ready to
Fund your first client " Hunt replies,
" we are ready now ".
Hunt goes on to state, they have three
candidates they are ready to pull the trigger
on.
That interview was early December.
I have no doubt they have interest and are ready to go, just no contracts.
Point is, if these agreements were " illegal ",
how is it, PHOT is ready to sign their first client, or why would they even bother with any serious talks at all if any agreement would
be null and void?
I didn’t say they were engaging in anything illegal. I should have left this sentence out.
I am quite confident with both Hunt and Scott
having Legal backgrounds, they brushed up on
capital lease regulations.
You are right on this point. These are not the kind of guys who leap before they look (I would consider this a material weakness in my read). I tried to look through three lenses; GAAP compliance, Tax treatment of assets and legal capacity to execute on the business plan.
What is exciting, PHOT has 1.3 Million to
start, to be used for acquisitions to
immediately integrate into the Company and
add to top and bottom lines.
Which obviously adds value to the Company
and shareholders.
This is why I am a shareholder.
Can you imagine what will happen to the
Stock price when PHOT inks it's first
Grow op or cultivation facility deal.
This is why I am a shareholder.
The Market is ripe for potential partners
here.
Colorado, Massachusetts, Connecticut,
with Nevada, Illinois opening up as well.
This is why I am a shareholder.
Fusionpharm is not a questionable business,
as far as I can tell.
They are just simply a young start up
Company, which PHOT has supplied some
Growing Equipment to.
I would like to think they are real and think they are important to the growlife equation.
The Kiosk and Gift program, Potential
$40 Million cash infusion, recent hiring
of former Yahoo/ Microsoft exec, Marco Hegyi,
retaining law firm Crowell + Moring, PHOT
is certainly no longer just a simple supplier
of Growing Equipment.
The above items you speak of are the tangible portions of their business plan taking shape. I under accentuated my point to highlight the business plan potential...looks like it worked.
And certainly has no competition among
traded Companies.
Cleary as of now, PHOT is the clear standout
among the rest.
And certainly the most diverse.
And for that reason it is tough to compare
them to other Companies.
This is why I am a shareholder.
Also, building a brand and name is not
easy.
Of course later market entrants will have to
put the time and money into getting their
foot in the door.
This is why I am a shareholder.
PHOT is in seven States spread across the Country.
I would say that is a step ahead of most.
This is why I am a shareholder.
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