E Growlife: What It Needs To Get Higher

If we adjust the net current assets conservatively by halving the value of the inventory( in a fire sale the inventory’s would have to be reduced), the company’s adjusted net current assets is $21,159.5. The following table shows how the adjustments has been made and the amount of capital that the company needs to raise in the 12 months after March 31, 2014:

The company needs to raise approximately $4.5 million in the 12 months following March 31, 2014.

 

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Beware: This is a penny stock. Penny stocks are notoriously at the mercy of pump and dump trading patterns.  ~ Talk Market Editors

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