Wednesday, January 08, 2014 1:54:12 PM
The stock is still open to manipulation - to address this issue:
1. Do not set a stop loss. This can be seen and your shares will get taken away from you in one to two day sell offs. Settled funds required to buy penny stock and you will be forced to buy at higher price.
2. Set high good to sell order such that your shares cannot be borrowed and used to short the stock.
3. Long term chart says $1 price in not too long of a time period.
4. Margin of stock is not allowed until price is $3.00 per share.
5. Yes, 1 billion shares have been authorized but they are not issued and outstanding. There is a difference here.
6. MJ Substance 1 classification prevents banks from lending to MJ growers. PHOT has gift plan to bypass lending issue. PHOT secured $40 Million for pilot gift program. Program is oversubscribed. Expect more $$ to be made available for GIFT program.
7. Under GIFT program terms PHOT will lend $$ to growers for purchase of PHOT equipment; leasing of growing space indoors; in exchange for loan; grower will give PHOT interest on loan and revenue share from MJ product sales through PHOT controlled distribution network.
8. GIFT program will be expanded to all 50 states or where growers are. Revenue share of MJ grown has potential to add 100's of million in revenue to PHOT outside of equipment sales.
More good news to follow I am sure. Do your own due diligence. Print out and read the financial statements.
Many on this board are long term holders that entered the stock price early. I am CA based CPA. Have no intention of selling stock. Only buying more shares as cash permits. GLTA
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