Yeah... but if any of them thought this company were going to tank they'd never take any of those deals. There's enough in the pipeline that the execs and investors (like today's deal) are confident that the company will be substantially ahead of where it is now from a PPS/valuation standpoint, or they'd never even consider all/any of this. If these execs and investors had any strong indication that things were going south it's not like they could sell their 100M+ shares off that they all own. The price would go down to $.0001. And with the debt, there's no way the company is getting acquired. It'll bounce to at least $.03, perhaps even $.05 by December from a gluttony of good press. Look for Trump and Congress to relax US laws before the Nov elections to garner votes. I don't see it scaring off folks from the right, and certainly would attract folks on the middle-left if they pushed it through. Then a 100/1 R/S gets valuation to the $3-5 range and PHOT becomes a solid candidate for an uplisting timed immediately after the R/S to mitigate a nosedive. There seems to be a strategy to all of this and I'm a bit impressed with the chess game Hegyi is playing. He set up the 10/12/18 offering to really hook up his long investors that were weathering a rough ride... while rubbing his nay-sayers noses in doo-doo. Touche. May be time to think about a larger "long" position. Will jump up and down I'm sure over the next few weeks, but this will touch $.03 within a month, maybe even a nickel if/when the US relaxes its stance.
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