At one point this company was a mover and shaker - a serious entity trucking towards owning a huge chunk of the market. In the time I was here we saw a rise from .05 to around the .80 area. Those were big bucks for anyone who threw in a significant block of money.
Rob Hunt and Sterling Scott have since departed and are two heads of the same snake as far as shareholders are concerned.
Now the company is left with Marco Hegyi at its helm. An accomplished man surely, but also a man who has been given no gift of a company. Two relative juveniles lit this one ablaze with gasoline and are nowhere to be found on any social media or scale. They likely have heads buried in the sand with a mojito in hand.
At least Hegyi keeps his linked in account active.
Two problems still loom for PHOT in terms of market classification and financing. The first problem is also the likely cause for delinquency on filings.
Despite all dilemmas - I understand PHOT still has their tangible assets and could one day make something of themselves as a large scale company. Unfortunately, it's a long shot for them doing that in terms of being publicly traded and it's doubtful any bigger dogs want to pick this company up with such serious debt.
Still, everyone loves a comeback story and its up to the people who inherited this problem child to decide if he sinks or swims.
Good luck to all, even if I've long since bailed.
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