GrowLife Inc (PHOT)

[wagonwheel47]

I am not sure you can call it "Strength", I believe it to be blind support by investors who think that something is going to rise from the ashes like a Phoenix, and save their asses.....

Think about it really..From the very beginning until now....PHOT has not followed through with one of the promises they have made to investors/supporters...

At one time there was going to be a KIOSK in every dispensary from coast to coast......ABSOLUTE BS FROM THE BEGINNING!!!

They were going to be THE ANSWER for financing to every want-a-be grow operation from coast to coast.....As far as I know there was NOT ONE GIFT contract inked...(Unless you count the LeafAspen deal)which amounted to nothing more than a lease to own contract for $285K with 1st payment defered for 6 mos.....Does anybody know if that is still in place?

The SEC ordered suspension...
Ending up in Stock Market Purgatory (Grey Sheets)

Class action lawsuit's all over the place

The JV deal with CenBio which lasted for less than 24hrs after the SEC ordered suspension took place....

The VAPE JV which lasted even shorter than the CenBio deal....

Then Growlife 2.0.....As far as I know this is yet another BS program brought to light to do nothing more than buy time, to get rid of as many of the 3 billion shares sitting on the shelf...

The Golden Boy himself asked to leave and take your buddy Rob Hunt with you.... (Both of which who left with pockets full of cash and millions of shares of unrestricted stock...

PHOT is and has been a poison pill for almost everything it has been involved in.....


Why they are not sub penny? I have no idea....Good question...