GrowLife Inc (PHOT)

[rcaptain]

Not sure why he keeps pounding on valuations then promoting private investment. Something up here with his 420 peeps visiting CO?
Why does he keep feeling the need to throw a wet blanket on the sector?

In regards to valuations it's his opinion. Would I buy the company outright for current valuations? No
But I wouldn't buy speculative bios, Twitter, Amazon, Tesla, Facebook and the list goes on and on based on their current valuations either.
These and MJ stocks are based on potential future valuations. Speculation. If you want to invest in a company that's in an established industry and is trading at a low "undervalued" valuation then buy some blue chips in a week or two when the market keeps crashing.
I don't see how at this time you can place numbers on market caps. The market is forward looking and if you think PHOT has the potential to be a much bigger company, then base your market cap price expectations on that and not present conditions. This is a new and unestablished industry so who knows what a fair valuation is? Those who invested here are in on the ground floor and I don't see a basement on the elevator push buttons.