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Crusen

05/11/14 3:54 PM

#89522 RE: WalterMitty36 #89520

The SEC mostly gets the prominent ones. They don't have time to police every single scam out there, unfortunately. Growlife was prominent and it got caught. There is a very good resource at http://promotionstocksecrets.com/the-sec-just-suspended-my-stock-now-what/

It tells all about it. Phot is exactly following the described trajectory. Think about this: that article, predicted everything that has taken place thus far with phot. That is because phot is a typical penny scam that was suspended. By the SEC. It does not get any worse for a stock. Please read the post I provided. This time will not be "different."

Just1MoreUpTick

05/11/14 4:43 PM

#89525 RE: WalterMitty36 #89520

There's a huge difference between:

1)
an "outright scam penny stock" that may have no fundamentals and further dilutes billions of shares as long as they do not commit securities fraud.

AND

2)
a penny stock like PHOT that has revenue and items for sale BUT committed securities fraud.

Well, you don't have to look very far to find a whole host of penny stocks that are outright scams. And these don't catch the eye of the SEC. You cannot argue it both ways.



Well, you don't have to look very far to find a whole host of penny stocks that are outright scams. And these don't catch the eye of the SEC. You cannot argue it both ways.