Phototron Holdings (PHOT) boosts sales, stock leaps
Posted on: September 15th, 2011Written by:
Phototron Holdings (OTCBB: PHOT) shares climbed 138.5% to 31 cents on word of exciting sales figures. Volume for the stock topped 25,000, or at least double its all-day average.
A news release put out Sept. 7 revealed that the company had increased sales by more than 78% during August, entering the second month of its new direct selling business model. August’s strong performance represented $107,000 of unaudited sales compared to approximately $60,000 of unaudited sales in July.
Phototron’s new direct selling business model will help expand Phototron’s future sales capabilities to harness the untapped demand for its innovative turn-key hydroponic gardening system.
The same release quoted CEO Doug Braun thus: “We are extremely pleased with Phototron’s results in our second full month after implementing our new business model and strategic growth initiatives.
“Significant increases in both sales and Phototron’s new affiliates demonstrate that our product and business opportunity are attractive to our target audience. In transition periods, it typically takes time to gather momentum. Now that Phototron is starting to see positive results we are confident that we will continue to see accelerated growth as we begin to focus our energies on leveraging our exciting products and new business model to consumers across the US and worldwide.”
The new direct sales model, initiated in June, represents Phototron’s new direct sales initiatives, which are expected to serve both the $30-billion home gardening market and the $1.7-billion medical marijuana community.
Phototron Holdings, Inc., based in Woodland Hills, Calif., designs and manufactures cutting-edge indoor mini-greenhouses capable of growing herbs, vegetables, flowers, fruits and terrestrial plants stronger and faster than traditional farming methods.
Phototron Holdings Inc. (PHOT) jumps on new grow system
Posted on: June 28th, 2011Written by:
Phototron Holdings Inc. (OTCBB: PHOT) zoomed in price 69.4% to 83 cents Tuesday, on the launch of a new hydroponic grow system for medical marijuana. Shares totaled 4,950, slightly higher than the daily average of 3,669.
The company, based in Woodland Hills, California, is the designer, manufacturer and seller of the PHOTOTRON Hydroponic Indoor Grow System, announced the launch of its newly designed Pro LED Phototron Grow System.
Phototron Board Chairman Craig Ellins was quoted in a June 28 press release as saying, “Our new patent pending Pro LED Phototron offers huge benefits to the home grower. Powered by energy efficient LED light, the unit delivers the equivalent of 1,000 watts of growing power while consuming only 320 watts of electricity. It saves energy, and drastically reduces heat.
“The unit contains both blue and red LED lighting,” Ellins continued. “Blue LED’s provide optimum light for the growing, while red LED’s shift bud formation into high gear. These features are important for the cultivation of medicinal herbs such as medicinal cannabis (medical marijuana) and chamomile.”
Traditional hydroponic growing can be highly complex and very expensive, requiring gardeners to assemble tents, buckets, containers, pumps, water chillers, fans, hoses, and reservoirs. The Phototron Pro LED delivers the high-efficiency growing that users expect from hydroponics without the high costs and complexity.
Phototron Holdings, Inc. designs and manufactures indoor mini-greenhouses capable of growing herbs, vegetables, flowers, fruits and terrestrial plants stronger and faster than traditional farming methods.
