{"id":7810,"date":"2016-05-03T14:02:07","date_gmt":"2016-05-03T14:02:07","guid":{"rendered":"\/?p=7810"},"modified":"2016-05-03T14:15:09","modified_gmt":"2016-05-03T14:15:09","slug":"greengro-technologies-inc-otcmktsgrnh-keeps-on-tumbling","status":"publish","type":"post","link":"\/articles\/greengro-technologies-inc-otcmktsgrnh-keeps-on-tumbling\/","title":{"rendered":"Greengro Technologies Inc. (OTCMKTS:GRNH) Keeps On Tumbling"},"content":{"rendered":"\n<p><img loading=\"lazy\" decoding=\"async\" style=\"float: right;\" src=\"\/\/s.hotstocked.com\/hotstocked.com\/repository\/articles\/93\/93477\/sc.png\" border=\"0\" width=\"426\" height=\"190\" \/>Even though it was optimistic and boastful, Greengro Technologies Inc. (OTCMKTS:<a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=GRNH\">GRNH<\/a>)&rsquo;s latest press release didn&rsquo;t so much as slow the ticker&rsquo;s descent down to the bottom of the charts &ndash; and that&rsquo;s not surprising at all. <\/p>\n<p>After all, upon a careful examination of the PR the &ldquo;<em>revolutionary<\/em>&rdquo; method of monitoring crop health that the company had boasted so hard about turned to be nothing to write home about. Then again, nothing that <strong><a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=GRNH\">GRNH<\/a> <\/strong>has ever done seems particularly noteworthy after some careful scrutiny.<\/p>\n<p>The company&rsquo;s latest financial report is the living proof of the previous statement:<\/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>Lately, <strong><a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=GRNH\">GRNH<\/a> <\/strong>seems to be advertising itself as &ldquo;<em>a world class provider of ecofriendly green technologies<\/em>&rdquo;. It may be just that, but only if you re-write the definition of the phrase &ldquo;<em>world class<\/em>&rdquo; to include such attributes as &ldquo;<em>mediocre<\/em>&rdquo; and <em>&ldquo;commercially unsuccessful&rdquo;<\/em>.<\/p>\n<p>Interestingly enough, various sources on the web, such as mmjreporter.com, are still quoting the PR and re-distributing the information in it, as if it had any relevance.<\/p>\n<p>Long story short &ndash; in light of the company&rsquo;s current state, <strong><a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=GRNH\">GRNH<\/a>&rsquo;s <\/strong>continued tumble down the charts seems completely justified. This is why it wouldn&rsquo;t be surprising to see the ticker slip even further down from its current position in the sessions to come.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"\/\/s.hotstocked.com\/hotstocked.com\/repository\/articles\/93\/93477\/zbxvbc_v.png\" border=\"0\" width=\"241\" height=\"75\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Even though it was optimistic and boastful, Greengro Technologies Inc. (OTCMKTS:GRNH)&rsquo;s latest press release didn&rsquo;t so much as slow the ticker&rsquo;s descent down to the bottom of the charts &ndash; and that&rsquo;s not surprising&#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-7810","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\/7810","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=7810"}],"version-history":[{"count":0,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/7810\/revisions"}],"wp:attachment":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/media?parent=7810"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/categories?post=7810"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/tags?post=7810"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}