{"id":7776,"date":"2016-04-27T14:02:06","date_gmt":"2016-04-27T14:02:06","guid":{"rendered":"\/?p=7776"},"modified":"2016-04-27T14:15:00","modified_gmt":"2016-04-27T14:15:00","slug":"greengro-technologies-inc-otcmktsgrnh-crashes-and-burns","status":"publish","type":"post","link":"\/articles\/greengro-technologies-inc-otcmktsgrnh-crashes-and-burns\/","title":{"rendered":"Greengro Technologies Inc. (OTCMKTS:GRNH) Crashes And Burns"},"content":{"rendered":"\n<p><img loading=\"lazy\" decoding=\"async\" style=\"float: right;\" src=\"\/\/s.hotstocked.com\/hotstocked.com\/repository\/articles\/93\/93444\/vzxcvzxc.png\" border=\"0\" width=\"429\" height=\"191\" \/>Greengro Technologies Inc. (OTCMKTS:<a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=GRNH\">GRNH<\/a>) got only a brief respite on Friday, before promptly resuming its fall on Monday and starting the week as low as $0.072 &ndash; but will its boastful PR help it to fare any better in today&#8217;s session? <\/p>\n<p>It is funny, how <strong><a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=GRNH\">GRNH<\/a> <\/strong>advertises itself as &ldquo;a world class provider of ecofriendly green technologies&rdquo;, while its reports look like this:<\/p>\n<ul>\n<li>Cash &#8211; $39 thousand<\/li>\n<li>Total Current Assets &#8211; $747 thousand<\/li>\n<li>Total Current Liabilities &#8211; $260 thousand<\/li>\n<li>Annual Revenues &#8211; $569 thousand<\/li>\n<li>Annual Net Loss &#8211; $3.5 million<\/li>\n<\/ul>\n<p>Of course, &ldquo;<em>world class<\/em>&rdquo; means different things to different people &ndash; and, apparently, to <strong><a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=GRNH\">GRNH<\/a> <\/strong>it means &ldquo;nearly broke underachiever that&#8217;s racking losses at a frightening rate and keeps drowning investor value in dilution&rdquo;. But enough about that &ndash; let us focus on the rest of the announcement that hit the web just minutes ago.<\/p>\n<p>It appears that <strong><a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=GRNH\">GRNH<\/a><\/strong> has acquired a &ldquo;revolutionary way to monitor crop health&rdquo; via a &ldquo;<em>five megapixel NDVI camera and temp\/humidity sensor<\/em>&rdquo;. Wait&#8230; Don&#8217;t we have that technology already?<\/p>\n<p>The company also boasted that it &ldquo;<em>has also acquired technology to integrate temperature, humidity, CO2, pH, TDS, DO, and light sensors<\/em>&rdquo; &#8211; none of which is actually new technology. Bundling all of those gizmos and making the whole thing &ldquo;<em>self-contained, WiFi enabled<\/em>&rdquo; is not an impressive achievement. That&#8217;s not what makes a company &ldquo;<em>world class<\/em>&rdquo;.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" style=\"float: left;\" src=\"\/\/s.hotstocked.com\/hotstocked.com\/repository\/articles\/93\/93444\/vzcxvzxvxz.png\" border=\"0\" width=\"177\" height=\"55\" \/>In short, what we&#8217;re seeing here is just another piece of fluff PR. Will it be able to distract investors from the fact that <strong><a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=GRNH\">GRNH<\/a> <\/strong>is a dubious OTC Markets underachiever? Only time will tell.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Greengro Technologies Inc. (OTCMKTS:GRNH) got only a brief respite on Friday, before promptly resuming its fall on Monday and starting the week as low as $0.072 &ndash; but will its boastful PR help it&#46;&#46;&#46;<\/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],"class_list":["post-7776","post","type-post","status-publish","format-standard","hentry","category-news","tag-grnh"],"_links":{"self":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/7776","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=7776"}],"version-history":[{"count":0,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/7776\/revisions"}],"wp:attachment":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/media?parent=7776"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/categories?post=7776"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/tags?post=7776"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}