{"id":5099,"date":"2014-11-06T14:15:40","date_gmt":"2014-11-06T14:15:40","guid":{"rendered":"\/?p=5099"},"modified":"2014-11-06T14:26:42","modified_gmt":"2014-11-06T14:26:42","slug":"greengro-technologies-inc-otcmktsgrnh-stumbles-before-the-storm","status":"publish","type":"post","link":"\/articles\/greengro-technologies-inc-otcmktsgrnh-stumbles-before-the-storm\/","title":{"rendered":"GreenGro Technologies, Inc. (OTCMKTS:GRNH) Stumbles Before The Storm"},"content":{"rendered":"\n

GreenGro Technologies, Inc. (OTCMKTS:GRNH<\/a>) had an impressive 18.50% run up on Monday, enabled by the “update” it provided on November 1. The ticker then took a step back as investors held their breath, waiting for the results of the midterm elections to come out. <\/p>\n

Seeing as how the newest developments in the battle for marijuana legalization turned out to be in the branch’s favor, it wouldn’t be any surprise to see GRNH<\/a> <\/strong>soar on hype and hope today. But will such a jump really be warranted?<\/p>\n

James Haas, GRNH<\/a> <\/strong>CEO, may well be excited about all the progress the company is has made, but the fact remains – according to its own press releases, for all intents and purposes it looks like GRNH<\/a> <\/strong>intends to just produce the “leafy greens”, that their hydroponics seem so well suited for.<\/p>\n

This begs one very important question – if both the Buena Park and the BP Gardens Lincoln facilities are to grow pot herbs instead of pot why is GRNH<\/a> <\/strong>even considered a pot-stock?<\/p>\n

Upon closer examination, it turns out that GRNH<\/a>‘s <\/strong>current situation is somewhat similar to that of another OTC Markets marijuana penny stock, namely – Terra Tech Corp. (OTCMKTS:TRTC<\/a>).<\/p>\n

<\/p>\n

However, TRTC<\/a> seems to be moving along with respect to its licensing – unlike GRNH<\/a><\/strong>. All GRNH<\/a> <\/strong>has given investors so far is terrible financials supplemented by obvious evidence of toxic debt and overwhelming dilution dilution.<\/p>\n

In conclusion – yes, it is very likely that GRNH<\/a> <\/strong>will explode with activity in the next few sessions, but even if GRNH<\/a> <\/strong>reaches astounding heights, this triumph is likely to be short-lived. After all, any research done on the company suggests that its financial foundations are shaky at best.<\/p>\n","protected":false},"excerpt":{"rendered":"

GreenGro Technologies, Inc. (OTCMKTS:GRNH) had an impressive 18.50% run up on Monday, enabled by the “update” it provided on November 1. The ticker then took a step back as investors held their breath, waiting...<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[262,259],"class_list":["post-5099","post","type-post","status-publish","format-standard","hentry","category-news","tag-grnh","tag-trtc"],"_links":{"self":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/5099","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/comments?post=5099"}],"version-history":[{"count":0,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/5099\/revisions"}],"wp:attachment":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/media?parent=5099"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/categories?post=5099"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/tags?post=5099"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}