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Re: vr4_rider post# 70985

Friday, 03/21/2014 1:39:04 PM

Friday, March 21, 2014 1:39:04 PM

Post# of 120671
My take on the upcoming earnings is not as eloquently stated as Trained Monkey, in fact I am going to put it into much simpler terms. The large deals that Growlife has put in place have taken place since Jan. 1, when marijuana went legal in CO. This is also when we REALLY started to see a rise in PPS. But these deals have no affect on 2013 financials which reflect a PRE-MJ legalization market. Some will still expect outstanding bottom lines though, not taking this into consideration, and therefore will be dissappointed based on too high of expectations. I would expect to see huge gains in the bottom line starting with the second or third quarter of this year, with a very good financial report coming out on April 1 of NEXT year. To put it even simpler, the farmer plants his seeds in the spring, but will not see profits until the harvest in the fall. Right now Growlife is plowing the fields and planting the seeds. Be patient and wait for the harvest.
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