Followers | 166 |
Posts | 10466 |
Boards Moderated | 0 |
Alias Born | 07/27/2012 |
Saturday, February 08, 2014 11:33:53 PM
So much talk about the a/s, o/s, people have to remember
PHOT is a recognized Leader in the Sector.
Everyone wants to business with them.
FIT# was one of only a handful of companies with this
amazing opportunity to have such a large scale Canadian
Grow Op, worth potential Billions, and PHOT is the company
they chose.
With the a/s raised, the acquisition/partnership
opportunities are wide open.
So I really think it is an exciting time for shareholders.
After PHOT releases more solid Company developments,
most certainly next week, former Microsoft exec,
Marco Hegyi, and Team PHOT, will prove to the Market
and shareholders, that it's not the size of the a/s
that counts, it's what they can do with it, is what
really matters.
Again, those so worried about the o/s, as with FIT#, when
the first million pounds of marijuana is sold, PHOT gets
their $45M cut, PHOT will offer their own share buyback.
Also keep in mind PHOT will also have a 3.45% Revenue cut
from Revenues taken in by CEN Biotech.
Remember, if CEN Biotech does not obtain that growers license,
PHOT keeps their 235M shares, and closes another deal.
But they still will get something out of the deal.
They will provide FIT# with the growing equipment necessary
for the vegetables they will be growing.
They have to put that building to some use!
Keep in mind, if newly acquired RXNB really sees annual
revenues of 27.5M, and Sam Alawieh is such a genius, and
a holder of thirty patents, PHOT will get a chunk of that too.
I think the Company and their shareholders will be just
fine.
http://www.sec.gov/Archives/edgar/data/1161582/000107997414000073/growlife8k1302014.htm
*calculations based on PHOT owning 45% of OG
Recent PHOT News
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/23/2024 07:55:07 PM
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 08/14/2024 07:25:48 PM
- 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
North Bay Resources Announces Assays up to 5 oz/ton Gold, 1.5 oz/ton Platinum, 0.5 oz/ton Palladium, and 0.5 oz/ton Rhodium at Mt. Vernon Gold Mine, Sierra County, California • NBRI • Oct 4, 2024 9:15 AM
Basanite, Inc. Appoints Ali Manav as Interim Chief Executive Officer • BASA • Oct 3, 2024 9:15 AM
Integrated Ventures Announces Launch of MedWell Facilities, LLC and Lease Agreement with Giant Fitness Clubs • INTV • Oct 3, 2024 8:45 AM
Beyond the Horizon: Innovative Drug Combinations Offer New Hope for Alzheimer's and More • NVS • Oct 3, 2024 8:45 AM
SMX and FinGo Enter Into Collaboration Mandate to Develop a Joint 'Physical to Digital' Platform Service To Enhance Natural Rubber Industry's Ability to Report on Sustainable and Ethical Supply Chains • SMX • Oct 3, 2024 7:00 AM
Transforming Alzheimer's Treatment: Innovative Combinations to Boost Cognition • PFE • Oct 2, 2024 9:00 AM