Replies to post #43011 on GrowLife Inc (PHOT)

[Prevalence]

Yes... If it becomes the amazon of a massive industry that envelops every state... It will be worth a hell of a lot more than that...

[Crazy Money]

Not sure that it even matters... everyone is HIGH ;-)

[UHCougar]

Nope! But is Twitter really worth $33 billion? Their revenues for FY2012 were $317 million.

This is the OTC... you can throw your finance 101 valuations out the window.

[chessmaster315]

Answer your own question after you read this:

http://money.msn.com/inside-the-ticker/c_galleryregular.aspx?cp-documentid=253475991

Somebody (with money and influence) sees PHOT as a NYSE, not a penny stock. I think the mjna industry warrants an even higher evaluation. Remember, there are about 150,000,000 Americans who have smoked Pot, to include President Obama and Clinton (but he did not inhale?)

This is not a new company, its a new incredible growth industry.
MJNA being illegal for decades (while people smoked it anyway) has a pent up demand which will create many millionaires (IMHO). This wont be a "penny" stock for long.

[Lombardi]

Ok, but what do stocks like amazon make on their earnings?

[UHCougar]

And Tesla at $18.5 billion with only $385 million in revenues (FY2012)...

[Ablivious]

PHOT is a Leader in a Breakout
Sector. You're a funny guy. hehe heh he